Academic Opportunity of Arizona

Foundation · Grantmaker Phoenix, AZ EIN: 46-4341333 Website

ACADEMIC OPPORTUNITY OF ARIZONA IS A SCHOOL TUITION ORGANIZATION. AS A LOCAL 501C3 NON-PROFIT, WE PROVIDE SCHOLARSHIPS AND SUPPORT FOR K-12TH GRADE CHILDREN LIVING WITH DISABILITIES AND LOW-INCOME HARDSHIPS. OUR 360 DEGREE APPROACH PROVIDES OPPORTUNITIES AND EXPERIENCES BOTH INSIDE AND OUT OF THE CLASSROOM.

Key facts about Academic Opportunity of Arizona

In short: Academic Opportunity of Arizona gave $20K across 2 grants in 2024 (avg $10K), mostly in Arizona. Source: 2024 IRS Form 990 filing.

EIN: 46-4341333
Latest 990 filing: Form 990 filing, 2024
Annual giving (2024): $19,850
Grants made (2024): 2
Average grant: $9,925
Median grant: $9,925
Total assets: $6,122,226
Primary geography: Arizona (50% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Quick answers about Academic Opportunity of Arizona

How much does Academic Opportunity of Arizona give each year?

Academic Opportunity of Arizona gave $20K across 2 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $26K across 2 grants.

How Academic Opportunity of Arizona gives

Giving grew 32% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Next steps with Academic Opportunity of Arizona

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Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$6.1M

+27.0% YoY

Annual Giving

$20K

-23.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-23.9% YoY

About Academic Opportunity of Arizona

Based on IRS filings

Academic Opportunity of Arizona is a nonprofit organization focused on Education, based in Phoenix, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $220K.

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arizona $10K (50%)

All other $10K (50%)

Share of all 2 itemized 2024 grant dollars.

States

Arizona

Cities

GoodyearPhx

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,122,226	$4,822,166	$4,815,876
Revenue	$4,684,341	$4,418,614	$3,984,501
Expenses	$3,455,849	$4,721,485	$2,162,677
Qualifying Distributions	—	—	—
Net Investment Income	$220,439	$84,854	$46,000
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
Special Olympics of Arizona Goodyear, AZ	—	$10,000
Others under reporting threshold	—	$9,850

Leadership & Key People

Officers and directors from IRS filings

Academic Opportunity of Arizona is led by Chad E. Bays, President CEO since 2024 (on filings since 2020); 1 of 5 officers listed in 2024 is compensated.

Officers on the 2024 filing

Chad E. Bays

President CEO

Treasurer → CEO & Treasurer, 2021
CEO & Treasurer → President CEO, 2024

On filings since 2020

40 hrs/week

$54K (2020) → $140K (2024)
Kristina Celik

Director

On filings since 2022

1 hr/week

No compensation reported
Robert J. Smith

Vice President

President → Vice President, 2024

On filings since 2020

1 hr/week

No compensation reported
Teresa Strunk

Secretary

Secretary Started → Secretary, 2022

On filings since 2021

1 hr/week

No compensation reported
Kristi O'Connor

Treasurer

New on the 2024 filing

1 hr/week

No compensation reported

Former officers (1)

Former: David S. Harkey (2020–2021) — Secretary

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Academic Opportunity of Arizona?

Academic Opportunity of Arizona is a nonprofit organization focused on Education, based in Phoenix, AZ. It holds $6.1M in total assets as of 2024.

How large is Academic Opportunity of Arizona?

As of 2024, Academic Opportunity of Arizona holds $6.1M in total assets with $4.7M in annual revenue. It awarded 2 grants totaling $20K in 2024.

Where does Academic Opportunity of Arizona operate?

Academic Opportunity of Arizona has awarded grants in Arizona.

What is Academic Opportunity of Arizona's EIN?

Academic Opportunity of Arizona's EIN (Employer Identification Number) is 46-4341333. IRS Form 990 filing data is available on this page for 2020–2024.