Civic Intelligence

Excellerate Foundation

990 • Fiscal year 2020 • EIN 31-1682365

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 14, 2021

800 Founders Park Drive WSpringdale, AR 72762

(479) 361-4624

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.84x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

37th percentile

0.07x

Higher debt load relative to revenue than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

96th percentile

$408,721

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-74%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

32%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$273,219

Down $793,429 (-74%) from 2019

Net Assets

Down

$43,076

Down $476,511 (-92%) from 2019

Liabilities

Down

$230,143

Down $316,918 (-58%) from 2019

Revenue

Up

$3,514,381

Up $858,293 (+32%) from 2019

Expenses

Down

$3,990,892

Down $278,821 (-6.5%) from 2019

Net Income

Up

-$476,511

Up $1,137,114 (+70%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2018: $2,209,993Liabilities 2018: $123,130Net Assets 2018: $2,086,8632018Assets 2019: $1,066,648Liabilities 2019: $547,061Net Assets 2019: $519,5872019Assets 2020: $273,219Liabilities 2020: $230,143Net Assets 2020: $43,0762020Assets 2021: $1,422,117Liabilities 2021: $124,616Net Assets 2021: $1,297,5012021Assets 2022: $4,076,172Liabilities 2022: $1,228,989Net Assets 2022: $2,847,1832022Assets 2023: $7,364,002Liabilities 2023: $3,366,232Net Assets 2023: $3,997,7702023Assets 2024: $10,817,607Liabilities 2024: $3,254,269Net Assets 2024: $7,563,3382024

Highlighted filing

2020

Assets$273,219
Liabilities$230,143
Net Assets$43,076

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MRevenue 2018: $2,342,607Expenses 2018: $5,361,072Net Income 2018: -$3,018,4652018Revenue 2019: $2,656,088Expenses 2019: $4,269,713Net Income 2019: -$1,613,6252019Revenue 2020: $3,514,381Expenses 2020: $3,990,892Net Income 2020: -$476,5112020Revenue 2021: $18,582,776Expenses 2021: $17,328,351Net Income 2021: $1,254,4252021Revenue 2022: $6,978,498Expenses 2022: $5,428,816Net Income 2022: $1,549,6822022Revenue 2023: $6,523,534Expenses 2023: $5,372,947Net Income 2023: $1,150,5872023Revenue 2024: $10,773,732Expenses 2024: $7,208,164Net Income 2024: $3,565,5682024

Highlighted filing

2020

Revenue$3,514,381
Expenses$3,990,892
Net Income-$476,511
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 14, 2021
Return Version
2020v4.1
Gross Receipts
$4,062,838
Mission and Program Overview

Mission

Endeavor foundation is committed to ensuring that all residents of northwest arkansas are mentally and physically health, safe, and economically and socially stable.

Excellerate foundation is committed to ensuring that all residents of northwest arkansas are mentally and physically healthly, safe, and economically and socially stable.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$565,039$0▼ $565,039
Accounts Receivable$57,103$142,142▲ $85,039
Cash and Non-Interest-Bearing Accounts$174,876$49,654▼ $125,222
Pledges and Grants Receivable$249,198$45,000▼ $204,198
Prepaid Expenses and Deferred Charges$12,436$29,743▲ $17,307
Land, Buildings, and Equipment, Net$7,996$6,680▼ $1,316
Total Assets$1,066,648$273,219▼ $793,429
Liabilities
Accounts Payable and Accrued Expenses$456,813$230,143▼ $226,670
Grants Payable$90,248$0▼ $90,248
Total Liabilities$547,061$230,143▼ $316,918
Net Assets / Fund Balance
Net Assets With Donor Restrictions$519,587$77,983▼ $441,604
Net Assets Without Donor Restrictions-$-34,907-
Total Net Assets Fund Balance$519,587$43,076▼ $476,511
Total Liabilities and Net Assets / Fund Balance$1,066,648$273,219▼ $793,429

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,570$158,909$164,479
Leasehold Improvements$0$91,313$91,313
Land$1,110--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff WebsterPresident/CEOFT$315,000$93,721$408,721
Anita ScismFormer President/CEOFT$208,361$31,058$239,419
Lisa McculloughFormer CfooFT$51,144$142,968$194,112
Justin FletcherVP of ProgramsFT$126,549$26,750$153,299
Josh HallVP/exec DirectorFT$124,400$15,170$139,570
Susan UpchurchCFOFT$122,308$913$123,221

Board Members and Trustees

NameTitle
Steven LaneChair
Henry HoVice Chair
Ana EchegoyenDirector
Celia SwansonDirector
James HawkinsDirector
Mark SnodgrassDirector
Melody MartensDirector
Stephen DacusDirector
Susan GossDirector
Trey CarterDirector
Rick ParsonsSecretary/ Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
PrismaSoftware Development307 SOUTH MAIN STREET SUITE 101, Bentonville, AR 72712$179,916
Revenue and Support

Revenue Composition

Contributions and Grants
$3,477,565
Program Service Revenue
$0
Investment Income
$36,816
Other Revenue
$0
All Other Contributions
$1,127,565
Change in Net Assets
$-476,511

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,164,381
Revenue Not Reported on Financial Statements
$2,350,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,350,000
Total Revenue per Audited Statements
$1,164,381
Total Revenue per Form 990
$3,514,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,171,740
Other Expenses$1,802,587
Grants and Similar Amounts Paid$16,565
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$760,416$371,904-$1,132,320
Other Salaries and Wages$498,715$115,586-$614,301
Information Technology$288,246--$288,246
Other Employee Benefits$134,457$91,169-$225,626
Advertising$56,162$122,259-$178,421
Payroll Taxes$93,113$24,873-$117,986
Pension Plan Contributions$76,290$5,217-$81,507
Fees for Services Accounting-$51,809-$51,809
Fees for Services Other-$43,487-$43,487
Fees for Services Legal-$25,217-$25,217
Insurance-$23,103-$23,103
Grants to Domestic Orgs$16,565--$16,565
Office Expenses$6,300$9,757-$16,057
Occupancy-$12,356-$12,356
Other Expenses$12,000$19,163-$12,000
All Other Expenses$1,464$3,514-$4,978
Conferences and Meetings$1,863--$1,863
Depreciation Depletion-$1,316-$1,316
Total Functional Expenses$3,070,162$920,730$0$3,990,892

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,990,892
Expenses per Audited Statements$3,918,892
Total Expenses per Audited Statements$3,918,892
Expenses Not Reported on Financial Statements$72,000
Other Expense Adjustments$72,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Joseph Catholic ChurchFayetteville, AR501(c)3Operating$7,065
Habitat for HumanityFayetteville, AR501(c)3Operating$5,000
Life Styles IncFayetteville, AR501(c)3Operating$2,500
Ua FoundationFayetteville, AR501(c)3Operating$1,000
Vanguard Charitable (v)Boston, MA501(c)3Operating$1,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

Committees have no authority to act on behalf of the board except as specifically authorized in writing by the board on particular items or issues.

Form 990, Part VI, Section A, Line 2

Directors may serve on other nonprofit boards together

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared and reviewed by a third party cpa firm, reviewed by the president, and reviewed by the full board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

Directors and staff are provided with and acknowledge receipt of the conflict of interest statement annually. Directors annually disclose potential conflicts and are requred to declare actual conflicts at both board and committee meetings.

Form 990, Part VI, Section B, Line 15

The executive committee sets the ceo's salary based on the results of industry salary surveys and local economic factors and other large employers in the region

Form 990, Part VI, Section C, Line 19

Audited financial statements are posted on the organization's website. All other documents referenced are available upon request.

Filing and Contact Details

Filer

Filer Name
Excellerate Foundation
EIN
31-1682365
Phone
4793614624
Address
800 FOUNDERS PARK DRIVE W, SPRINGDALE, AR 72762

Signing Officer

Name
Jeff Webster
Title
President
Phone
4793614624
Signed
2021-10-14

Organization Details

Principal Officer
Jeff Webster
Formed
1999
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
28
Volunteers
0

Preparer

Firm
Frost Pllc
Address
4375 N VANTAGE DRIVE SUITE 403, FAYETTEVILLE, AR 72703
Preparer
Janet M Ptacek
Phone
4796954300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has a committee that assumes responsibility for the oversight of the audit.

Financial Statement Notes

PART X, LINE 2:

The foundation's policy with respect to evaluating uncertain tax positiions is based upon whether management believes it is more likely than not the uncertain tax positions will be sustained upon review by the taxing authorities, then the foundation shall initially and subsequently measure the largest amount of tax benefit that is greater than 50% likely of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The tax positions must meet the more-likely-than-not recognition threshold with consideration given to the amounts and probabilities of the outcomes that could be realized upon settlement using the facts,circumstance and information at the reporting date. The foundation will reflect only the portion of the tax benefit that will be sustained upon resolution of the position and applicable interest on the portion of the tax benefit not recognized. Based upon management's asseessment there are no uncertain tax positions expected to have a material impact on the foundation's consolidated financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Excellerate foundation charitable support

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Excellerate foundation charitable support

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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP/EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15FORMER PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16FORMER CFOO
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IRS990/FormationYr01999
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IRS990/FSAuditedInd01
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IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndoorTanningServicesInd00
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OfficeExpensesGrp/TotalAmt016057
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt091169
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IRS990/ProgSrvcAccomActy2Grp/Desc0A REGIONAL HUMAN SERVICES SYSTEM WHICH ENSURES THAT EVERYONE IN NORTHWEST ARKANSAS IS AWARE OF AND ABLE TO ACCESS THE SERVICES THEY NEED.
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IRS990/ReportInvestmentsOtherSecInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03431309
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0366
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt021658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt093398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079229
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0214904
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.38490
IRS990ScheduleA/PublicSupportPY170Pct00.49560
IRS990ScheduleA/PublicSupportTotal170Amt06137611
IRS990ScheduleA/SubstantialContributorsTotAmt09592305
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03514015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01857998
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03044578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03882016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03431309
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015729916
IRS990ScheduleA/TotalSupportAmt015944820
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt05570
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0158909
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164479
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt072000
IRS990ScheduleD/ExpensesSubtotalAmt03918892
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01110
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01110
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt091313
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt091313
IRS990ScheduleD/OtherExpensesNotIncludedAmt072000

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