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Nonprofiteer
← GREATHEARTS ARIZONA

Form 990 for tax year 2023

Filed by GREATHEARTS ARIZONA.

Totals

Total revenue
$44,091,235
Total expenses
$42,761,000
Contributions and grants received
$2,212,573
Grants paid
$3,405,932
Program service revenue
$40,058,957
Investment income
$1,851,441
Other revenue
-$31,736
Total assets, end of year
$255,180,266
Total liabilities, end of year
$245,773,020
Net assets or fund balances, end of year
$9,407,246
Program services expenses (Part IX)
$37,361,558
Management and general expenses
$4,513,728
Fundraising expenses
$885,714
Program service expenses (Part III)
$37,361,558

Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $564,650

  • 1e · Government grants (contributions)

    $1,472,001

  • 1f · All other contributions, gifts and grants

    $175,922

  • 2a · Program service revenue: RENTAL INCOME

    total $20,728,379 · related or exempt $20,728,379

  • 2b · Program service revenue: MANAGEMENT FEES

    total $14,696,008 · related or exempt $14,696,008

  • 2c · Program service revenue: CO-CURRICULAR ACTIVITIES

    total $3,641,325 · related or exempt $3,641,325

  • 2d · Program service revenue: FACILITIES SUPPORT SERVICES

    total $993,245 · related or exempt $993,245

  • 3 · Investment income

    total $1,851,441 · excluded $1,851,441

  • 8a · Fundraising events: contributions included on line 1c

    $564,650

  • 8b · Fundraising events: direct expenses

    $348,367

  • 8c · Net income from fundraising events

    total -$348,367

  • 11a · Other revenue: MISCELLANEOUS

    total $316,631 · related or exempt $316,631

  • 11e · Other revenue, total

    $316,631

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,405,932 · program services $3,405,932

  • 5 · Compensation of officers, directors and key employees

    total $222,417 · program services $183,329 · management and general $28,611 · fundraising $10,477

  • 7 · Other salaries and wages

    total $8,660,222 · program services $7,138,255 · management and general $1,114,027 · fundraising $407,940

  • 8 · Pension plan contributions

    total $10,915 · program services $3,707 · management and general $578 · fundraising $6,630

  • 9 · Other employee benefits

    total $941,442 · program services $768,747 · management and general $119,975 · fundraising $52,720

  • 10 · Payroll taxes

    total $673,218 · program services $555,152 · management and general $86,639 · fundraising $31,427

  • 11a · Fees: management

    total $3,708,455 · program services $3,207,828 · management and general $500,627

  • 11b · Fees: legal

    total $266,156 · program services $230,226 · management and general $35,930

  • 11c · Fees: accounting

    total $35,661 · program services $30,847 · management and general $4,814

  • 11g · Fees: other

    total $1,493,285 · program services $1,232,857 · management and general $192,405 · fundraising $68,023

  • 12 · Advertising and promotion

    total $600,260 · program services $519,227 · management and general $81,033

  • 13 · Office expenses

    total $27,751 · program services $23,987 · management and general $3,744 · fundraising $20

  • 14 · Information technology

    total $485,920 · program services $357,742 · management and general $55,831 · fundraising $72,347

  • 16 · Occupancy

    total $1,014,245 · program services $877,326 · management and general $136,919

  • 17 · Travel

    total $82,972 · program services $65,657 · management and general $10,247 · fundraising $7,068

  • 20 · Interest

    total $9,196,040 · program services $7,954,610 · management and general $1,241,430

  • 22 · Depreciation, depletion and amortization

    total $8,439,318 · program services $8,439,318

  • 24a · Other expenses: OTHER

    total $2,644,990 · program services $1,668,713 · management and general $791,971 · fundraising $184,306

  • 24b · Other expenses: SUPPLIES

    total $329,617 · program services $284,668 · management and general $44,426 · fundraising $523

  • 24c · Other expenses: PROFESSIONAL DEVELOPMENT

    total $284,154 · program services $236,314 · management and general $36,880 · fundraising $10,960

  • 24d · Other expenses: CO-CURRICULAR ACTIVITIES

    total $181,038 · program services $156,599 · management and general $24,439

  • 24e · All other expenses

    total $56,992 · program services $20,517 · management and general $3,202 · fundraising $33,273

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,976,339 · end of year $14,675,188

  • 2 · Savings and temporary cash investments

    beginning of year $1,430,950 · end of year $1,496,617

  • 3 · Pledges and grants receivable

    beginning of year $16,345 · end of year $1,745

  • 4 · Accounts receivable

    beginning of year -$1,311,707 · end of year -$1,295,123

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,127,256 · end of year $128,977

  • 10a · Land, buildings and equipment: cost or other basis

    $258,740,998

  • 10b · Land, buildings and equipment: accumulated depreciation

    $60,566,505

  • 10c · Land, buildings and equipment, net

    beginning of year $201,334,891 · end of year $198,174,493

  • 15 · Other assets

    beginning of year $45,778,910 · end of year $41,998,369

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,257,685 · end of year $5,688,825

  • 19 · Deferred revenue

    beginning of year $3,319,050 · end of year $398,090

  • 20 · Tax-exempt bond liabilities

    beginning of year $235,059,283 · end of year $229,198,076

  • 25 · Other liabilities

    beginning of year $9,650,209 · end of year $10,488,029

  • 27 · Net assets without donor restrictions

    beginning of year $6,325,412 · end of year $9,275,279

  • 28 · Net assets with donor restrictions

    beginning of year $1,741,345 · end of year $131,967

Mission and programs · 2023

Mission

GREAT HEARTS IS A NON-PROFIT NETWORK OF PUBLIC CHARTER SCHOOLS DEDICATED TO IMPROVING EDUCATION NATIONWIDE THROUGH CLASSICAL PREPARATORY K-12 ACADEMIES. A GREAT HEARTS EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.

  • GREAT HEARTS IS A NON-PROFIT NETWORK OF PUBLIC CHARTER SCHOOLS DEDICATED TO IMPROVING EDUCATION NATIONWIDE THROUGH CLASSICAL PREPARATORY K-12 ACADEMIES. A GREAT HEARTS EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.

    Expenses $37,361,558 · Grants $3,405,932 · Revenue $40,058,957

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Daniel P Scoggin

    VICE CHAIRMA

    Total calculated
    $386,955
    From this org
    $0
    From related orgs
    $360,731
    Other
    $26,224
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    not reported + $360,296 related
    Bonus
    not reported + $200 related
    Other
    not reported + $235 related
    Deferred
    not reported + $7,210 related
    Nontaxable benefits
    not reported + $19,014 related
    Filer's total
    not reported + $386,955 related

  • Brandon Crowe

    SUPERINTENDE

    Total calculated
    $222,418
    From this org
    $204,281
    From related orgs
    $0
    Other
    $18,137
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,846
    Bonus
    $200
    Other
    $235
    Deferred
    $4,081
    Nontaxable benefits
    $14,056
    Filer's total
    $222,418

  • Leanne Fawcett

    EXECUTIVE DI

    Total calculated
    $172,864
    From this org
    $162,627
    From related orgs
    $0
    Other
    $10,237
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,192
    Bonus
    $10,200
    Other
    $235
    Deferred
    $3,248
    Nontaxable benefits
    $6,989
    Filer's total
    $172,864

  • Katherine McMillan

    VP OF FINANC

    Total calculated
    $172,789
    From this org
    $150,831
    From related orgs
    $0
    Other
    $21,958
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,396
    Bonus
    $10,200
    Other
    $235
    Deferred
    $3,012
    Nontaxable benefits
    $18,946
    Filer's total
    $172,789

  • Diane Bishop

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kurt Davis

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Todd Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lisa Handley

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Christine Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mona Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bob Mulhern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cristofer Pereyra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Tucker Quayle

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • John Thorpe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Stephan Zabilski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202521359349305427

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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