irs program accomplishments · form 990 part iii · fy2021
what they reported doing
Program narrative the organization filed with the IRS. Ordered by program spending.
- #1 primary $5.34MCORPORATE TAX CREDIT SCHOLARSHIP PROGRAM - THE ARIZONA CORPORATE TAX CREDIT PROGRAM ALLOWS CORPORATIONS TO DIRECT A CONTRIBUTION TO A QUALIFIED SCHOOL TUITION ORGANIZATION AND, AT THE SAME TIME, RECEIVE A DOLLAR-FOR-DOLLAR CREDIT ON THEIR ARIZONA STATE TAX LIABILITY. SCHOLARSHIPS ARE ONLY AWARDED TO CHILDREN WHOSE FAMILY INCOME DOES NOT EXCEED THE CORPORATE TAX CREDIT INCOME LIMITS AND MEETS THE GUIDELINES AS DETERMINED BY THE STATE OF ARIZONA CORPORATE TAX CREDIT BILL. SCHOLARSHIPS ARE AWARDED REGARDLESS OF RACE, CREED, GENDER, AND ETHNICITY, ETC. 100% OF THE SCHOLARSHIPS ARE LOW-INCOME SCHOLARSHIPS.
- #2 $47KDISABLED/DISPLACED CORPORATE SCHOLARSHIPS WILL BE AWARDED TO CHILDREN WHO HAVE AN INDIVIDUAL EDUCATION PLAN (IEP) OR A 504 PLAN FROM AN ARIZONA PUBLIC SCHOOL OR WAS AT ONE POINT PLACED IN THE ARIZONA FOSTER CARE SYSTEM, AND WHO MEET THE GUIDELINES AS DETERMINED BY THE STATE OF ARIZONA. CTSO WILL AWARDS SCHOLARSHIPS TO STUDENTS ATTENDING ANY QUALIFIED PRIVATE SCHOOL IN THE STATE OF ARIZONA. SCHOLARSHIPS ARE AWARDED REGARDLESS OF RACE, CREED, GENDER, AND ETHNICITY, ETC.
named programs · 5 · from sources
what they call their work
CTSO Scholarship Program
Distributes tuition scholarships to students attending private/parochial schools in Arizona based on financial need assessed by FACTS, a third-party evaluator
Emergency Scholarship Fund
Provides additional or emergency tuition assistance to families who have already completed a FACTS application; available from November to April
Emergency Scholarship Funds
Offers additional scholarship funds for families who have completed a FACTS application and meet specific emergency application guidelines.
Referral Program
Enables families to increase their tuition support by referring potential donors; contributors designate a family’s referral code when donating for tax credit
Scholarship Assistance
Provides financial aid to students based on financial need, determined through an independent third-party evaluator (FACTS), for enrollment in private/parochial schools.
activities · 2 groups
what they do
-
Private School Tuition Tax Credit Scholarships 7 activities
- Administering Arizona Education Tax Credit ProgramsAdministers various Arizona education tax credit programs (Corporate, Original, Switcher, Disabled/Displaced) that allow taxpayers to redirect state tax dollars to fund tuition assistance for students attending Catholic schools. This includes processing contributions and distributing funds to schools.
- Administering Arizona Education Tax Credit ProgramsAdministers various Arizona education tax credit programs (Corporate, Original, Switcher, Disabled/Displaced) that allow taxpayers to redirect state tax dollars to fund tuition assistance for students attending Catholic schools. The organization commits to allocating at least 95% of annual revenue toward scholarships or tuition assistance.
- Administering Arizona Education Tax Credit ProgramsAdministers various Arizona education tax credit programs (Corporate, Original, Switcher, Disabled/Displaced) that allow taxpayers to redirect state tax dollars to Catholic school tuition assistance, distributing millions of dollars annually to support students.
- Administering Arizona Education Tax Credit ProgramsAdministers various Arizona education tax credit programs (Corporate, Original, Switcher, Disabled/Displaced) that allow taxpayers to redirect state tax dollars to support tuition assistance for students in Catholic schools. This includes processing contributions and distributing funds to schools.
- Providing Tuition Scholarships and Emergency FundingProvides tuition scholarships to students attending Catholic schools, with a focus on low-income and minority families, and offers emergency funding support for families who have completed the necessary application processes. The organization commits to allocating at least 95% of annual revenue to scholarships or tuition assistance.
- Providing Tuition Scholarships and Emergency FundingProvides tuition scholarships to students in Catholic schools, with a focus on low-income and minority families, and offers emergency funding support to families who have completed the application process. The organization commits to allocating at least 95% of annual revenue to scholarships or tuition assistance.
- Providing Tuition Scholarships to Catholic School StudentsProvides tuition support and scholarships to students attending Catholic schools in Arizona, with a focus on low-income and minority families. The organization has provided tuition support since 1999, distributing millions of dollars and thousands of scholarships annually.
-
-
Uncategorized 8 activities
- Facilitating Contributions for Tuition AssistanceFacilitates various methods for individuals and employers to contribute to tuition assistance, including online credit card payments, phone contributions (credit card/EFT), mailed checks, scheduled contributions, and a payroll withholding program (DOT program).
- Facilitating Donations for Tuition AssistanceOffers multiple methods for individuals and employers to contribute to tuition assistance, including online credit card payments, phone contributions, mailed checks, scheduled contributions, and a payroll withholding program.
- Facilitating Donations for Tuition AssistanceFacilitates various methods for individuals and employers to contribute to tuition assistance, including online credit card payments, phone contributions (credit card or EFT), mailed checks, scheduled contributions, and a payroll withholding program for employees (DOT program). The organization also operates a referral program to help families meet tuition needs through tax credit donations, distributing these funds to schools regularly.
- Operating a Referral Program for Tuition NeedsOperates a referral program to help families meet tuition needs through tax credit donations, distributing these funds to schools regularly throughout the school year.
- Operating a Referral Program for Tuition NeedsOperates a referral program to help families meet tuition needs by connecting them with tax credit donations, distributing these funds to schools regularly from August through May each school year.
- Processing Scholarship ApplicationsManages the application process for scholarship funding, requiring a single annual application per family and offering emergency funding support for eligible families.
- Providing Tuition Scholarships and Emergency FundingProvides tuition scholarships to students in Catholic schools, with a focus on low-income and minority families, and offers emergency funding support to families who have completed the FACTS application. Since 1999, the organization has provided tuition support, distributing millions in scholarships annually to thousands of students across numerous schools.
- Supporting Catholic SchoolsSupports Catholic schools in Arizona, which demonstrate high graduation rates and a significant percentage of students proceeding to university-level studies.
-
financials · form 990 · fy2021
revenue
Total revenue$14.36M
Contributions & grants$14.32M100%
Program service revenue$00%
Investment income$34K0%
Other revenue$0
expenses
Total expenses$12.31M
Program expenses95%
Admin / overhead1%
Fundraising3%
Salaries & benefits$289K
Grants paid out$11.55M
Largest expense lineCompensation
balance sheet
Total assets$20.40M
Cash$19.76M
Investments$619K
Liabilities$29K
Net assets$20.37M
Liquid reserves19.9 mo
3 years on record · 2019–2021 · YoY revenue +16.0%
leadership · form 990 part vii · fy2021
who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| GRACIE QUIROZ MARUM | CEO | 40 | $117K |
board members · 12
- CATHY HUTCHENS — VICE PRESIDENT
- CHRISTINA RONSTADT — SECRETARY
- DAVE BALL — TREASURER
- ERIKA MAYER GAMAS — DIRECTOR
- JAKE KAGELE — DIRECTOR
- MOST REV EDWARD WEISENBURGER — EX OFFICIO
- REV MSGR JOHN LYONS — DIRECTOR
- REV PATRICK CRINO — DIRECTOR
- ROBERT HUBER — PRESIDENT
- ROBERT LLOYD — DIRECTOR
- SHERI DAHL — DIRECTOR
- VERONICA LOPEZ — DIRECTOR
relationships · 11
who they work with
- DOT Partner — Partner in employee payroll withholding program for contributions.
- Department of Catholic Schools Partner — Collaborates to support the mission of Catholic schools in the Diocese of Tucson.
- Department of Revenue Government — Provides required Arizona tax forms for contributors and is referenced as a source for tax form assistance.
- Diocese of Tucson Government — Administrative and email affiliation indicated by diocesetucson.org domain for CEO and staff
- Diocese of Tucson Government — Email contact for emergency applications is hosted under diocesetucson.org, indicating an administrative or operational affiliation.
- Diocese of Tucson Partner — Works with Catholic schools within the Diocese of Tucson to provide tuition support.
- FACTS Partner — Third-party evaluator used to determine financial need for scholarship applicants.
- FACTS Partner — Third-party organization used to evaluate financial need for scholarship applicants.
- FACTS, Inc. Partner — Uses FACTS, Inc. for financial need assessment and application processing for scholarship and referral program eligibility.
- Internal Revenue Service Government — Recognizes CTSO as a 501(c)(3) tax-exempt organization.
- State of Arizona Government — Registered as a qualified tuition organization under Arizona state law, enabling participation in the state's corporate tax credit scholarship program.