Payment type- Step 1
Activity Fee Payment
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James Madison Preparatory School is an Arizona charter school, which means that it is a public school operated by a private organization. As such, the school does not charge tuition for students to attend. In order to operate both its academic and extracurricular programs, it is necessary that the school charge fees, require deposits, and receive gifts in the way of donations to support the work of the school. The school is also a 501c3 tax exempt organization, which means that it is considered a charitable organization. Donations to the school may be considered charitable donations for your state and/or federal income taxes.
All payments are through PayPal. PayPal does have an option to do payments as a guest with a debit or credit card that do not require you to have or create a PayPal account. A reminder, using any of the payment or donation options below can only generate a maximum Arizona Tax Credit of $200 for individuals and $400 for couples each year.
2021 James Madison Tax Credit Form
Please look below to understand:
- The differences between various forms of payment;
- How these payments benefit the school, the student and his/her family; and
- Sensible procedures regarding the various forms of payment made to the school, including:
- Fees
- Activity Fees
- Charitable Donations
- Arizona Tax Credit contribution
Arizona Tax Credit
The single best way to support the mission of the school
Tax Credit contributions provide a direct state tax advantage to the benefactor, up to $200 for individuals and $400 for married couples. Anyone can choose to give the AZ tax credit to James Madison Preparatory School. Please consult your tax advisor for specific details. Activity fees for can be applied to your AZ Tax Credit contribution, but this must be declared at the time the fee is paid.
Financial donations MAY or MAY NOT be claimed as AZ Tax Credit contributions for state income tax purposes. It must be declared at the time of the donation using the tax credit form.
Tax Credit contributions provide a direct state tax advantage to the benefactor, up to $200 for individuals and $400 for married couples. Anyone can choose to give the AZ tax credit to James Madison Preparatory School. Please consult your tax advisor for specific details. Activity fees for can be applied to your AZ Tax Credit contribution, but this must be declared at the time the fee is paid.
Financial donations MAY or MAY NOT be claimed as AZ Tax Credit contributions for state income tax purposes. It must be declared at the time of the donation using the tax credit form.
Activity Fee Payment
Activity fees are charged to students by the school for extracurricular activities in fine arts, athletics and clubs. Activity fees for extracurricular activities can be applied to your AZ Tax Credit contribution, but this must be declared at the time the fee is paid. A reciept is provided for your contribution.
Fees
A fee is defined as money paid directly to the school to cover costs of academic or student supplies. Fees are non-refundable and may not be claimed as donations for income tax or other purposes because there is a direct benefit, service, or product received by the student for the fee. Fees may or may not be optional. Examples of supplies for which fees are charged include: computer usuage, field trips, student travel, student ID, special school outings, or DVD's or recordings of school events, and yearbooks. The amount of the fee is set by administration. Parents and students are notified of fees in writing in enrollment materials, in the Family Handbook, in the Extracurricular handbook, or in specific handouts provided by a teacher, coach, or administration. The school provides a receipt for all fees.
Charitable Donation
Financial- These are direct monetary gifts made to the school. Many Valley employers will match these donations. Please consult your tax advisor for specific details.
Material- Equipment, supplies, etc., given by individuals, corporations, or other organizations seeking to help Madison Prep.
In-Kind- Volunteer time, services rendered, or other gifts of your time or help on behalf of the school. Many Valley employers provide matching financial donations for in-kind donations to Madison Prep from their employees.
Material- Equipment, supplies, etc., given by individuals, corporations, or other organizations seeking to help Madison Prep.
In-Kind- Volunteer time, services rendered, or other gifts of your time or help on behalf of the school. Many Valley employers provide matching financial donations for in-kind donations to Madison Prep from their employees.
If you would like to mail in a donation, please download the tax credit form for mailing and payment information. Cash, check, and card donations can also be submitted directly to the school in the front office.