ARIZONA CHRISTIAN SCHOOL TUITION ORGANIZATION INC
PO BOX 6580, CHANDLER, AZ 85246 www.acsto.org

Total Revenue
$23,853,937
Total Expenses
$23,090,683
Net Assets
$15,899,058

Organizations Filed Purposes: ORGANIZATION'S MISSION IS TO GRANT TUITION SCHOLARSHIP AWARDS

ORGANIZATION AWARDED GRANTS/SCHOLARSHIPS TO STUDENTS DURING PERIOD ENDING JUNE 30, 2019. SINCE INCEPTION IN 1998 THE ORGANZATION HAS AWARDED GRANTS/SCHOLARSHIPS TOTALLING OVER 176,000,000 TO OVER 40,000 DIFFERENT STUDENTS PURSUANT TO ARS 43-1089, THE ARIZONA PRIVATE SCHOOL TUITION TAX CREDIT LAW. THE GRANT AMOUNT LISTED IS A NET AMOUNT FOR THE FISCAL YEAR INCLUDING SCHOLARSHIPS AWARDED, UNUSED SCHOLARSHIPS RETURNED, AND MULTI- YEAR SCHOLARSHIPS RETAINED BY THE ORGANIZATION TO FORWARD TO THE STUDENT'S SCHOOL WHEN TUITION COMES DUE.

THE ORGANIZATION RECEIVED 308,499 IN UNSOLICITED DONATIONS PRIMARILY THROUGH MATCHING GIFT PROGRAMS AND FROM DONATIONS IN EXCESS OF THE AMOUNT ALLOWABLE UNDER TUITION TAX CREDIT LAWS A.R.S. 43-1089 AND A.R.S. 43-1089.03. THESE DONATIONS DO NOT QUALIFY FOR AN ARIZONA STATE INCOME TAX CREDIT. THE ORGANIZATION ADDED THESE FUNDS TO THOSE USED IN 4A ABOVE TO AWARD SCHOLARSHIPS PURSUANT TO A.R.S. 43-1089.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steven B YarbroughEXECUTIVE DI40$104,824
Scott YarbroughPRESIDENT1$16,154
Barb BarnesDIRECTOR1$0
Barry BarnesDIRECTOR1$0
Barbara J SaundersSECRETARY/TR1$0
Scott R SaundersVICE PRESIDE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013089349301906_public.xml