Institute For Better Education

Organization Overview

Institute For Better Education is located in Tucson, AZ. The organization was established in 1971. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Institute For Better Education employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Better Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Institute For Better Education generated $28.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $24.1m during the year ending 06/2022. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HELP STUDENTS GAIN EQUAL ACCESS TO A QUALITY EDUCATION BY PROVIDING SCHOLARSHIPS TO ATTEND THE PRIVATE OR PAROCHIAL SCHOOL OF THEIR CHOICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE INSTITUTE FOR BETTER EDUCATION PROVIDED 14,435 SCHOLARSHIPS FOR STUDENTS TO ATTEND THE PRIVATE OR PAROCHIAL SCHOOL OF THEIR CHOICE. SCHOLARSHIPS WERE AWARDED TO STUDENTS IN GRADES K THROUGH 12 AND PRESCHOOL CHILDREN WITH DISABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Kimberly Kirschner
Executive Dir.
$132,572
Jack Schull
President
$0
Rusty Rollins
Secretary
$0
Aaron Jansen
Director
$0
Troy Ruboyianes
Director
$0
Eric Dowdle
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$28,672,968
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$28,672,968
Total Program Service Revenue$0
Investment income $197,681
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,870,649

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Institute For Better Education has recieved totaling $502,661.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$442,275
Organization Name not Listed

PURPOSE: Program Support

|

$16,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$6,995
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$5,748
Virginia G Piper Charitable Trust 08-11-95

Phoenix, AZ

PURPOSE: A STAFF GIVING GRANT TO PROVIDE GENERAL SUPPORT FOR THE PROMISE SCHOOL IN PHOENIX, AZ.

$5,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$4,870
View Grant Recipient Profile

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