Charity Search / SCHOOL CHOICE ARIZONA INC
Education (B82) 990 on File

SCHOOL CHOICE ARIZONA INC

EIN: 20-4879504 · CHANDLER, AZ 85225-6144 · United States · FY 2023 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 50/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$8.0M
Total Revenue
$7.3M
Total Expenses
$11.6M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.2%
Fundraising Efficiency N/A
Operating Reserve 18.93x
Liability-to-Asset 0.0%
Revenue Diversification 99.7%
Compared with Peers
FY 2023
Compared with 11,231 similar organizations (United States, Education, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
93.2% 84.5%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
3.4% 13.0%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.4% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
18.9 mo 8.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 23.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
99.7% 90.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-4.6% 7.5%
P10P90
Expense growth
Year over year expense growth
-9.6% 11.6%
P10P90
Surplus margin
Surplus as a share of revenue
8.2% 3.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $8.0M $7.3M $11.6M 93.2% 3
2022 $8.4M $8.1M $10.9M 93.0% 3
2021 $8.9M $6.5M N/A — 3
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Organization Details
EIN
20-4879504
State
AZ
City
CHANDLER
ZIP
85225-6144
Classification
B82
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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