Passes our checks

Low Income Student Aid Inc

EIN 82-3696172 · Cornville, AZ

Public records show a registered, tax-exempt organization in good standing.

What it says it does

We exist so that each student, regardless of their personal circumstances, has every opportunity to succeed in school and to do so with dignity.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 93 out of 100. Higher than 83% of charities in its peer group (human services, under $250k).

Reserves
28 of 35
Spendable reserves would cover 8.5 months of spending.
Debt
20 of 20
It owes 1% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 23% of income.
Income trend
15 of 15
Income rose 42% on the year before.
Spending floor
15 of 15
76% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 100 out of 100. Higher than 91% of charities in its peer group (human services, under $250k).

Independent board
25 of 25
8 of 8 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$118,231 spent. In FY 2024/2025, we proudly served more than 2,000 students in five public schools across the Verde Valley, over 1,700 of whom qualify for free or reduced-price lunches. These are our underserved students those most at risk of falling through the cracks. During the year, the LISA Project filled 279 requests, directly supporting more than 1,500 individual students. Many received assistance multiple times, resulting in a total of over 9,000 student impacts. Our formula is simple: the number of students receiving personal assistance plus the number impacted by school-level support equals the total number of times students are impacted. We are a volunteer-driven organization, with over 40 dedicated volunteers actively participating in the LISA Project. Our online request process is simple and dignified, ensuring families can access support without stigma. In short, with community support, LISA bridges the gap to Support Student Success.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.