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Acsi Children's Education Fund

Colorado Springs, CO · EIN 47-4074093 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Acsi Children's Education Fund reported $16.2 million in revenue and $14.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.7% of the total. Government grants made up 6.3%. The highest compensation it reported for one person was $218,967 (CFO). Revenue rose 142% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
100.0%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
0.0%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
97.7%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
6.3%2.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$218,967$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.51%1.18%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.36.9
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$14M expenses · 100.0% of program spending · grants $13M

The organization provides scholarships to eligible students for qualified educational expenses incurred in attending eligible schools. It supports educational choice and innovation through school vouchers, scholarship tax credit programs and other scholarship programs, education savings accounts, and other choice programs that provide parents the opportunity to choose a christ-centered education for their children. The organization accepts funds from individuals, businesses, and scholarship tax credit programs for eligible students to pursue educational opportunities

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CFO
Officer, 1.00 hrs/week
$0$185,711$33,256$218,967
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$89,332$0$30,391$119,723

0 people received more than $100,000 in reportable compensation from Acsi Children's Education Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $126K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$16M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$14M100.0%$2.8M$218,967
FY2024 ⓘ$14M$14M100.0%$1.1M$189,151
FY2023 ⓘ$13M$13M100.0%$651K$174,396
FY2022 ⓘ$9.8M$9.9M100.0%$346K$148,214
FY2021 ⓘ$8.6M$8.5M100.0%$434K$155,624
FY2020 ⓘ$6.7M$7.3M100.0%$365K$135,604

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 511
  • Volunteers Part I, line 610

Correct a figure or respond

Every number above is copied from Acsi Children's Education Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Acsi Children's Education Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Colorado

Questions people ask

How much of Acsi Children's Education Fund's spending goes to programs?

In the fiscal year ending September 30, 2025, Acsi Children's Education Fund reported that 100.0% of its $14.5 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Acsi Children's Education Fund pay its top executive?

The largest total compensation Acsi Children's Education Fund reported for one person in the fiscal year ending September 30, 2025 was $218,967, for the role of CFO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Acsi Children's Education Fund get its money?

Of $16.2 million in revenue in the fiscal year ending September 30, 2025, 97.7% came from contributions and grants (including 6.3% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Acsi Children's Education Fund a registered charity?

The IRS lists EIN 47-4074093 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202600439349301510 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202510439349301636 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202430439349300048 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202300319349301565 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202220279349300862 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142239349301104 · read the filing

All filings for EIN 47-4074093: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.