AAA Scholarship Foundation

Legal name: Aaa Scholarship Foundation Inc

Nonprofit profile at a glance

EIN
272559468
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-N 2009
Location
Tampa, FL, USA
Phone
888-707-2465
Rating
91
Verdict
STRONG
Rating confidence
Standard
Sector
Kindergarten, Preschool, Nursery School, Early Admissions

Official website

Reported finances

Revenue
$104,400,455
Expenses
$115,223,328
Assets
$157,269,937
Liabilities
$86,143,717

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Highest reported compensation

  • KIMBERLY DYSON (CHIEF EXEC O): $94,100 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We Make Academic Achievement Accessible

What it reported doing in 2024

Thanks to our amazing donors, we had the privilege of granting the following number of net scholarships to children who are displaced or are challenged with economic, developmental, and/or physical disadvantages to help them afford the educational environments that best fit their learning needs: Georgia: 285 annual pre-k4 - 12th grade scholarships; Arizona: 4,304 annual k - 12th grade scholarships; Florida: 1,630 annual k - 12th grade scholarships; fes-ua: 1,386 annual k4 - 12th grade scholarships; and Nevada: 766 annual k - 12th grade scholarships.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Accountability: 80
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.5%; rating input score 99
  • Fundraising efficiency: $70.53 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 24th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.4%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 1.36; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0.1%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: 20.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 20.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 19.9% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 4 operating locations identified
  • Where the money goes: 100% of revenue deployed · 98.5% of spending went to programs
  • Governance: 3 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $113.5M in reported program spending
  • Leadership: top reported pay $94K · 4 people listed
  • Highest-paid contractors: 2 contractors listed · $1.9M reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 8/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.