School Choice Arizona Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 283,931 | 574,656 | −290,725 | 71.8 | 2% |
| 2012 | 1,846,315 | 2,088,838 | −242,523 | 18.4 | 1% |
| 2013 | 2,724,118 | 1,839,869 | 884,249 | 26.6 | 2% |
| 2014 | 3,067,253 | 2,350,494 | 716,759 | 24.5 | 2% |
| 2015 | 3,302,457 | 3,407,772 | −105,315 | 16.5 | 2% |
| 2016 | 2,719,593 | 3,039,468 | −319,875 | 17.3 | 2% |
| 2017 | 5,379,336 | 3,900,816 | 1,478,520 | 18.0 | 1% |
| 2018 | 4,124,809 | 4,203,970 | −79,161 | 16.5 | 2% |
| 2019 | 8,196,403 | 6,854,773 | 1,341,630 | 12.4 | 2% |
| 2020 | 7,765,288 | 6,719,929 | 1,045,359 | 14.6 | 2% |
| 2021 | 8,926,972 | 6,468,288 | 2,458,684 | 19.7 | 2% |
| 2022 | 8,382,303 | 8,115,687 | 266,616 | 16.1 | 2% |
| 2023 | 7,995,559 | 7,336,315 | 659,244 | 18.9 | 2% |
In its most recent public year (2023), this organization brought in $659,244 more than it spent. Its reserves stood at about 18.9 months of spending, down from 71.8 in 2011. Staff pay was 2% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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