This quarterly newsletter provides recent updates and education information important to Arizona STOs.

Due Date Reminders

September 30th – FY 2016 Annual Reports are due for each credit for which your organization is certified. The signed engagement letter for your audit or review and agreed-upon procedures engagement should be attached to the report.

After Annual Report Filed - Don't forget to update your website for the scholarship data by family income disclosure for the 15/16 year.
November 15th – Form 990, 990-EZ, or 990-N (e-postcard) is due to be filed with the IRS for fiscal years ending June 30, 2016.
December 31st – Audit or review and agreed-upon procedures reports are due to ADOR for FY 2016.

ADOR Releases Updated STO Manual

The Arizona Department of Revenue recently released an updated version of the STO Manual this June. The update includes some new clarifications and changes:
  • A new format for the Annual Report with additional disclosures by family income level;
  • A change to the April due date for accepting donations for the previous tax year (if the tax deadline has been extended, ADOR can also extend the donation acceptance deadline);
  • Clarifications on the website disclosure requirement of scholarship data by family income;
  • The audit or review can now be sent by email (to;
  • Clarifications on ESA money and home school eligibility for switcher and corporate scholarships; 
  • Guidance on how credit card processing fees should be reported (as part of the 10% administrative costs); and
  • Clarifications on the pass-through of the credit taken by S-Corporations to shareholders.
Due to these significant changes, all STO administrators should read the manual closely each year (changes from the prior year manual are highlighted in gray). 

Tax Year 2017 STO Tax Credit Amounts Released

ADOR has released the individual tax credit amounts for the 2017 tax year. The combined 2017 maximum tax credit amounts of $2,177 Married Filing Joint and $1,089 Single are as follows:
Married Filing Joint:
Original Tax Credit: $1,092
Switcher Tax Credit: $1,085

Original Tax Credit: $546
Switcher Tax Credit: $543

The total low-income corporate tax credit donation limitation for fiscal year 17/18 will be $74.3 million, an increase of $12.4 million over the 16/17 fiscal year cap. The limit for all corporate disabled/displaced program tax credit contributions remains consistent at $5 million per year. 

Update Your GuideStar and Charity Navigator Profiles

Donors like to know that their donations are going to the programs they support, so more and more are doing research on sites such as Guide Star and Charity Navigator. allows you as a nonprofit to update your organization's profile with up to date information for your potential donors to consider. You should update this information regularly and you can update it for free here. You can also request changes or updates to your organization's profile on Charity Navigator. Since this is an opportunity for potential donors to see all the good that you do, you will want to make sure your mission statement and program information reflect your organization's strengths.
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