Catholic Education Arizona
- Assets
- $32.4m
- Revenue
- $24.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Phoenix, AZ
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 86-0937587
Organization Overview
Catholic Education Arizona is located in Phoenix, AZ. The organization was established in 1946. 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, Catholic Education Arizona employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Education Arizona 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, Catholic Education Arizona generated $24.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $23.9m during the year ending 06/2022. While expenses have increased by 3.3% 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.
Since 2018, Catholic Education Arizona has awarded 75 individual grants totaling $1,080,990. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE SCHOLARSHIPS TO UNDERSERVED CHILDREN TO CHANGE LIVES, SERVE (CONT. ON SCH O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHOLIC EDUCATION ARIZONA PRIMARILY RECEIVES CONTRIBUTIONS UNDER ARIZONA INDIVIDUAL AND CORPORATE TAX CREDIT PROGRAMS FOR PRIVATE SCHOOL TUITION SCHOLARSHIPS. THIS FISCAL YEAR, DISABLED DISPLACED CORPORATE TAX CREDIT SCHOLARSHIPS WERE ADDED TO CATHOLIC EDUCATION ARIZONA'S SCHOLARSHIP PROGRAM. THESE SCHOLARSHIPS SUPPORT STUDENTS WITH ARIZONA IEP/MET/ISP/504 PLANS AND STUDENTS THAT ARE CURRENTLY IN OR WERE ONCE IN THE ARIZONA FOSTER CARE SYSTEM. TOGETHER, THESE TAX CREDITS ALLOWED ARIZONA INDIVIDUAL AND CORPORATE TAXPAYERS TO EFFECTIVELY DIRECT THEIR TAX DOLLARS TO PROVIDE SCHOLARSHIPS TO 5,475 STUDENTS. AN ADDITIONAL $50,000 WAS GRANTED TO THE DIOCESE OF PHOENIX - $50,000 FOR THEM TO ASSIST STUDENTS THAT HAVE FACED CATESTROPHIC EVENTS THAT WOULD OTHERWISE LIMIT THEIR ABILITY TO ATTEND A (CONT'D ON SCH O)CATHOLIC SCHOOL. AN ADDITIONAL $25,000 WAS GRANTED TO THE CATHOLIC COMMUNITY FOUNDATION TO FUND ADDITIONAL SCHOLARSHIPS FOR THE CATHOLIC SCHOOLS. $207,665 WAS ALSO DISTRIBUTED THROUGH CATHOLIC EDUCATION ARIZONA'S EMPLOYER MATCHING AND DONATION FUND TO MULTIPLE ARIZONA CATHOLIC INSTITUTIONS. $22,321 WAS DISTRIUBTED TO NEEDS BASED NONRESIDENT STUDENTS AT ST. MICHAEL INDIAN SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Padberg President & CEO | Officer | 40 | $154,065 |
Caitlin Wooten Dir. Of Finance And Compli | Officer | 40 | $53,362 |
Carlos Sugich Vice Chair | OfficerTrustee | 2 | $0 |
Todd Bankofier Chairman | OfficerTrustee | 2 | $0 |
Dj Cole Treasurer | OfficerTrustee | 2 | $0 |
Robert Venberg Secretary | OfficerTrustee | 2 | $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 | $24,494,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,494,299 |
| Total Program Service Revenue | $0 |
| Investment income | $31,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$117 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,525,242 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $282,665 |
| Grants and other assistance to domestic individuals. | $21,734,011 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $290,295 |
| Compensation of current officers, directors, key employees. | $70,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $494,143 |
| Pension plan accruals and contributions | $51,037 |
| Other employee benefits | $63,882 |
| Payroll taxes | $46,900 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,329 |
| Fees for services: Accounting | $20,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $183,566 |
| Advertising and promotion | $238,089 |
| Office expenses | $154,798 |
| Information technology | $11,081 |
| Royalties | $0 |
| Occupancy | $66,258 |
| Travel | $7,327 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,962 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,721 |
| Insurance | $13,506 |
| All other expenses | $1,778 |
| Total functional expenses | $23,920,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,666 |
| Savings and temporary cash investments | $32,063,363 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $173,422 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,795 |
| Net Land, buildings, and equipment | $109,133 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,375,379 |
| Accounts payable and accrued expenses | $35,444 |
| Grants payable | $29,545,217 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70,843 |
| Total liabilities | $29,651,504 |
| Net assets without donor restrictions | $2,723,875 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,375,379 |
Grants Awarded
Over the last fiscal year, Catholic Education Arizona has awarded $233,540 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
DIOCESE OF PHOENIX - NIGHT OF HOPE PURPOSE: SCHOLARSHIPS | $50,000 |
CATHOLIC COMMUNITY FOUNDATION PURPOSE: SCHOLARSHIPS | $25,000 |
Phoenix, AZ PURPOSE: SCHOLARSHIPS, PHYSICAL PLANT NEEDS, OR MARKETING | $18,281 |
ST MARY-BASHA CATHOLIC SCHOOL PURPOSE: SCHOLARSHIPS, PHYSICAL PLANT NEEDS, OR MARKETING | $17,413 |
Phoenix, AZ PURPOSE: SCHOLARSHIPS, PHYSICAL PLANT NEEDS, OR MARKETING | $14,968 |
SETON CATHOLIC PREPARATORY PURPOSE: SCHOLARSHIPS, PHYSICAL PLANT NEEDS, OR MARKETING | $14,253 |
Grants Recieved
Over the last fiscal year, we have identified 27 grants that Catholic Education Arizona has recieved totaling $174,411.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $116,256 |
The Wilhoit Foundation Scottsdale, AZ PURPOSE: UNRESTRICTED | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $14,935 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,473 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $5,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |