| QUALITY CONNECTIONS INC | $4,456,182 | $4,334,674 |
| MOENKOPI DEVELOPERS CORPORATION | $4,417,764 | $4,331,350 |
| ABT PERFORMING ARTS ASSOCIATION INC | $3,898,454 | $4,326,667 |
| NOAH WEBSTER SCHOOLS PIMA | $4,357,956 | $4,325,467 |
| VISTANCIA VILLAGE A COMMUNITY ASSOCIATION | $4,172,332 | $4,324,126 |
| TUCSON HOSPITALS MEDICAL EDUCATION PROG | $4,342,078 | $4,316,847 |
| SELF DEVELOPMENT ACADEMY-PHOENIX | $4,402,247 | $4,314,197 |
| ARCHWAY CLASSICAL ACADEMY TRIVIUM WEST | $4,352,590 | $4,311,925 |
| COMMUNITY PARTNERSHIP OF SOUTHERN ARIZONA INC | $3,451,785 | $4,311,888 |
| DOWNTOWN PHOENIX PARTNERSHIP INC | $4,162,282 | $4,270,780 |
| ACORN MONTESSORI CHARTER SCHOOL INC | $4,748,364 | $4,270,131 |
| IMAGINE MIDDLE AT SURPRISE INC | $4,210,009 | $4,250,700 |
| HOMEWARD BOUND | $3,537,948 | $4,248,044 |
| LITTLE COLORADO BEHAVIORAL HEALTH CENTERS INC | $4,364,138 | $4,240,849 |
| SAFARI CLUB INTERNATIONAL FOUNDATION | $7,574,348 | $4,227,613 |
| MADISON HIGHLAND PREP | $4,457,635 | $4,206,381 |
| NORTH PHOENIX PREPARATORY ACADEMY | $4,226,222 | $4,199,623 |
| ARIZONA HOUSING INC | $3,724,119 | $4,195,294 |
| DNA PEOPLES LEGAL SERVICES INC | $4,942,506 | $4,185,819 |
| BENCHMARK SCHOOLINC | $4,344,176 | $4,165,424 |
| CITY CENTER FOR COLLABORATIVE LEARNING | $4,149,114 | $4,159,856 |
| ARIZONA PIPE TRADES JOINT APPRENTICESHIP TRUST | $6,256,795 | $4,158,335 |
| IMAGINE PREP SUPERSTITION INC | $4,084,516 | $4,152,907 |
| PRESIDIO SCHOOL | $4,311,024 | $4,151,793 |
| INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 640 | $6,439,809 | $4,143,568 |