Civic Intelligence

Arkansas Virtual Academy

990 • Fiscal year 2015 • EIN 43-2017445

Jul 01, 2014 to Jun 30, 2015 • Filed on May 04, 2016

Organization Profilearva.k12.com
4702 West Commercial Drive Suite B3North Little Rock, AR 72116

(501) 664-4225

Siviq Scores

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

Liabilities / Assets

77th percentile

0.60x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

14th percentile

0.04x

Higher debt load relative to revenue than 14% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

42nd percentile

1.1%

Higher net margin than 42% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

77th percentile

11%

Faster asset growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

64%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$839,866

Up $82,878 (+11%) from 2014

Net Assets

Up

$332,921

Up $123,470 (+59%) from 2014

Liabilities

Down

$506,945

Down $40,592 (-7.4%) from 2014

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin42nd percentile

Revenue

Up

$11,554,994

Up $4,524,804 (+64%) from 2014

Expenses

Up

$11,423,566

Up $4,486,832 (+65%) from 2014

Net Income

Up

$131,428

Up $37,972 (+41%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $791,500Liabilities 2011: $690,675Net Assets 2011: $100,8252011Assets 2012: $446,905Liabilities 2012: $266,357Net Assets 2012: $180,5482012Assets 2013: $595,228Liabilities 2013: $479,233Net Assets 2013: $115,9952013Assets 2014: $756,988Liabilities 2014: $547,537Net Assets 2014: $209,4512014Assets 2015: $839,866Liabilities 2015: $506,945Net Assets 2015: $332,9212015Assets 2016: $1,470,761Liabilities 2016: $1,081,928Net Assets 2016: $388,8332016Assets 2017: $1,465,707Liabilities 2017: $1,027,337Net Assets 2017: $438,3702017Assets 2018: $1,775,717Liabilities 2018: $1,317,959Net Assets 2018: $457,7582018Assets 2019: $2,084,567Liabilities 2019: $1,556,451Net Assets 2019: $528,1162019Assets 2020: $1,756,315Liabilities 2020: $987,619Net Assets 2020: $768,6962020Assets 2021: $3,075,159Liabilities 2021: $1,776,518Net Assets 2021: $1,298,6412021Assets 2022: $5,352,341Liabilities 2022: $3,531,104Net Assets 2022: $1,821,2372022Assets 2023: $4,168,028Liabilities 2023: $2,870,213Net Assets 2023: $1,297,8152023Assets 2024: $2,823,365Liabilities 2024: $1,982,997Net Assets 2024: $840,3682024

Highlighted filing

2015

Assets$839,866
Liabilities$506,945
Net Assets$332,921
Open 2015 Filing

Operations Trend

Revenue Growth92nd percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $3,400,866Expenses 2011: $3,352,310Net Income 2011: $48,5562011Expenses 2012: $3,334,2702012Expenses 2013: $3,512,8342013Revenue 2014: $7,030,190Expenses 2014: $6,936,734Net Income 2014: $93,4562014Revenue 2015: $11,554,994Expenses 2015: $11,423,566Net Income 2015: $131,4282015Revenue 2016: $12,813,773Expenses 2016: $12,757,861Net Income 2016: $55,9122016Revenue 2017: $13,125,204Expenses 2017: $13,075,667Net Income 2017: $49,5372017Revenue 2018: $14,431,426Expenses 2018: $14,412,038Net Income 2018: $19,3882018Revenue 2019: $17,330,235Expenses 2019: $17,259,877Net Income 2019: $70,3582019Revenue 2020: $19,083,010Expenses 2020: $18,842,430Net Income 2020: $240,5802020Revenue 2021: $27,721,037Expenses 2021: $27,191,092Net Income 2021: $529,9452021Revenue 2022: $37,382,788Expenses 2022: $36,860,192Net Income 2022: $522,5962022Revenue 2023: $37,932,459Expenses 2023: $38,455,881Net Income 2023: -$523,4222023Revenue 2024: $34,754,427Expenses 2024: $35,211,874Net Income 2024: -$457,4472024

Highlighted filing

2015

Revenue$11,554,994
Expenses$11,423,566
Net Income$131,428
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 4, 2016
Return Version
2014v6.0
Gross Receipts
$11,554,994
Mission and Program Overview

Mission

To promote and encourage innovative, effective, and comprehensive educational opportunities for children of Arkansas.

To promote and encourage innovative, effective, and comprehensive educational opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$710,213$694,092▼ $16,121
Accounts Receivable$36,539$99,620▲ $63,081
Total Assets$756,988$839,866▲ $82,878
Other Assets Total$10,236$46,154▲ $35,918
Liabilities
Accounts Payable and Accrued Expenses$537,301$460,791▼ $76,510
Other Liabilities$10,236$46,154▲ $35,918
Total Liabilities$547,537$506,945▼ $40,592
Net Assets / Fund Balance
Unrestricted Net Assets$201,190$322,791▲ $121,601
Temporarily Rstr Net Assets$8,261$10,130▲ $1,869
Total Net Assets Fund Balance$209,451$332,921▲ $123,470
Total Liabilities and Net Assets / Fund Balance$756,988$839,866▲ $82,878

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$46,154--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
John RiggsChair
Angela DriskillVice Chair
Jess Askew IIIVice Chair
Chad GallagherBoard Member
Gary McHenryBoard Member
Cary HiattSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
K-12 IncSee Schedule O2300 Corporate Park Drive, Herndon, VA 20171$7,890,275
Revenue and Support

Revenue Composition

Contributions and Grants
$903
Program Service Revenue
$11,550,045
Investment Income
$4,046
Other Revenue
$0
All Other Contributions
$903
Change in Net Assets
$131,428

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,554,994
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,554,994
Total Revenue per Form 990
$11,554,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,300,846
Salaries, Compensation, and Employee Benefits$2,122,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,346,931$1,219,754-$2,566,685
Other Salaries and Wages$1,705,842--$1,705,842
All Other Expenses$103,413$113,246-$216,659
Pension Plan Contributions$185,083--$185,083
Payroll Taxes$122,466--$122,466
Other Expenses$122,219--$122,219
Other Employee Benefits$109,329--$109,329
Travel$101,277$6,592-$107,869
Office Expenses$89,209$11,167-$100,376
Occupancy-$42,788-$42,788
Insurance$24,530--$24,530
Fees for Services Accounting-$18,100-$18,100
Total Functional Expenses$10,011,919$1,411,647$0$11,423,566

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,423,566
Total Expenses per Audited Statements$11,423,566
Total Expenses per Form 990$11,423,566
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to General Fund$46,154
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The Organization outsources the following services to K-12, Inc.: management, technology, computer leases, learning management systems, cirriculum, books, and educational materials.”

Form 990, Part VI, Section B, line 11

“A draft copy of the Form 990 is emailed to each member of the Board for review and approval before filing.”

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

“Each board member is required to sign the conflict of interest form attached to the policy and list any conflicts or potential conflicts. Those forms are kept on file. They are also reminded that as stated in the policy, any conflicts or potential conflicts that arise during the year must be immediately disclosed.”

Form 990, Part VI, Section C, line 19

“The Organization provides policy and financial information to the public upon request at the address listed on Page 1.”

Filing and Contact Details

Filer

Filer Name
Arkansas Virtual Academy
EIN
43-2017445
Phone
5016644225
Address
4702 West Commercial Drive Suite B3, North Little Rock, AR 72116

Signing Officer

Name
Scott Sides
Title
Head of School
Phone
5016644225
Signed
2016-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Riggs
Formed
2003
Legal Domicile
Ar
Voting Board Members
6
Independent Board Members
6
Employees
62
Volunteers
70

Preparer

Firm
Thomas & Thomas LLP
Address
201 E Markham Suite 500, Little Rock, AR 72201
Preparer
Randy L Milligan
Phone
5013752025
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Professional Services : Program service expenses 776,145. Management and general expenses 0. Fundraising expenses 0. Total expenses 776,145. Technology Services : Program service expenses 570,786. Management and general expenses 0. Fundraising expenses 0. Total expenses 570,786. Management Services : Program service expenses 0. Management and general expenses 1,219,754. Fundraising expenses 0. Total expenses 1,219,754.”

Form 990, Part XI, line 9:

“Indirect Costs -7,958.”

Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0537301
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0460791
IRS990/AccountsReceivableGrp/BOYAmt036539
IRS990/AccountsReceivableGrp/EOYAmt099620
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To promote and encourage innovative, effective, and comprehensive educational opportunities.
IRS990/AllOtherContributionsAmt0903
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0113246
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0103413
IRS990/AllOtherExpensesGrp/TotalAmt0216659
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Scott Sides
IRS990/BooksInCareOfDetail/PhoneNum05016644225
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04702 West Commercial Drive Suite B3
IRS990/BooksInCareOfDetail/USAddress/CityNm0North Little Rock
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072116
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0710213
IRS990/CashNonInterestBearingGrp/EOYAmt0694092
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt07890275
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02300 Corporate Park Drive
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Herndon
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd020171
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0K-12 Inc
IRS990/ContractorCompensationGrp/ServicesDesc0See Schedule O
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0903
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04046
IRS990/CYOtherExpensesAmt09300846
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt011550045
IRS990/CYRevenuesLessExpensesAmt0131428
IRS990/CYSalariesCompEmpBnftPaidAmt02122720
IRS990/CYTotalExpensesAmt011423566
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011554994
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0Operated an online charter school for grades K-12. During the year children were educated in language, math, science, history, music, and other grade level appropriate courses.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt062
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt010011919
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018100
IRS990/FeesForServicesAccountingGrp/TotalAmt018100
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01219754
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01346931
IRS990/FeesForServicesOtherGrp/TotalAmt02566685
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0John Riggs
IRS990/Form990PartVIISectionAGrp/PersonNm1Angela Driskill
IRS990/Form990PartVIISectionAGrp/PersonNm2Jess Askew III
IRS990/Form990PartVIISectionAGrp/PersonNm3Cary Hiatt
IRS990/Form990PartVIISectionAGrp/PersonNm4Chad Gallagher
IRS990/Form990PartVIISectionAGrp/PersonNm5Gary McHenry
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011554994
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt024530
IRS990/InsuranceGrp/TotalAmt024530
IRS990/InvestmentIncomeGrp/ExclusionAmt04046
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04046
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To promote and encourage innovative, effective, and comprehensive educational opportunities for children of Arkansas.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0209451
IRS990/NetAssetsOrFundBalancesEOYAmt0332921
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt042788
IRS990/OccupancyGrp/TotalAmt042788
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011167
IRS990/OfficeExpensesGrp/ProgramServicesAmt089209
IRS990/OfficeExpensesGrp/TotalAmt0100376
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010236
IRS990/OtherAssetsTotalGrp/EOYAmt046154
IRS990/OtherChangesInNetAssetsAmt0-7958
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0109329
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0109329
IRS990/OtherExpensesGrp/Desc0Textbooks
IRS990/OtherExpensesGrp/Desc1Equipment Rental & Main
IRS990/OtherExpensesGrp/Desc2Student Test Admin
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/ProgramServicesAmt05341568
IRS990/OtherExpensesGrp/ProgramServicesAmt1416298
IRS990/OtherExpensesGrp/ProgramServicesAmt2343754
IRS990/OtherExpensesGrp/ProgramServicesAmt3122219
IRS990/OtherExpensesGrp/TotalAmt05341568
IRS990/OtherExpensesGrp/TotalAmt1416298
IRS990/OtherExpensesGrp/TotalAmt2343754
IRS990/OtherExpensesGrp/TotalAmt3122219
IRS990/OtherLiabilitiesGrp/BOYAmt010236
IRS990/OtherLiabilitiesGrp/EOYAmt046154
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01705842
IRS990/OtherSalariesAndWagesGrp/TotalAmt01705842
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0122466
IRS990/PayrollTaxesGrp/TotalAmt0122466
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0185083
IRS990/PensionPlanContributionsGrp/TotalAmt0185083
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0John Riggs
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0State Assistance
IRS990/ProgramServiceRevenueGrp/Desc1Federal Assistance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010759696
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1790349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010759696
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1790349
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02703
IRS990/PYOtherExpensesAmt05672222
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07027487
IRS990/PYRevenuesLessExpensesAmt093456
IRS990/PYSalariesCompEmpBnftPaidAmt01264512
IRS990/PYTotalExpensesAmt06936734
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07030190
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0131428
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011550045
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011423566
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt046154
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Special Revenue Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046154
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to General Fund
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011554994
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt046154
IRS990ScheduleD/TotalExpensesPerForm990Amt011423566
IRS990ScheduleD/TotalLiabilityAmt046154
IRS990ScheduleD/TotalRevenuePerForm990Amt011554994
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011554994
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011423566
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0All advertising, solicitation, and promotional materials include a statement of non-discrimination.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization outsources the following services to K-12, Inc.: management, technology, computer leases, learning management systems, cirriculum, books, and educational materials.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A draft copy of the Form 990 is emailed to each member of the Board for review and approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each board member is required to sign the conflict of interest form attached to the policy and list any conflicts or potential conflicts. Those forms are kept on file. They are also reminded that as stated in the policy, any conflicts or potential conflicts that arise during the year must be immediately disclosed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization provides policy and financial information to the public upon request at the address listed on Page 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other Professional Services : Program service expenses 776,145. Management and general expenses 0. Fundraising expenses 0. Total expenses 776,145. Technology Services : Program service expenses 570,786. Management and general expenses 0. Fundraising expenses 0. Total expenses 570,786. Management Services : Program service expenses 0. Management and general expenses 1,219,754. Fundraising expenses 0. Total expenses 1,219,754.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Indirect Costs -7,958.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt08261
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010130
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0756988
IRS990/TotalAssetsEOYAmt0839866
IRS990/TotalAssetsGrp/BOYAmt0756988
IRS990/TotalAssetsGrp/EOYAmt0839866
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0903
IRS990/TotalEmployeeCnt062
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01411647
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010011919
IRS990/TotalFunctionalExpensesGrp/TotalAmt011423566
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0547537
IRS990/TotalLiabilitiesEOYAmt0506945
IRS990/TotalLiabilitiesGrp/BOYAmt0547537
IRS990/TotalLiabilitiesGrp/EOYAmt0506945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0209451
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0332921
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010011919
IRS990/TotalProgramServiceRevenueAmt011550045
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04046
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011550045
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011554994
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0756988
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0839866
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt06592
IRS990/TravelGrp/ProgramServicesAmt0101277
IRS990/TravelGrp/TotalAmt0107869
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0201190
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0322791
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04702 West Commercial Drive Suite B3
IRS990/USAddress/CityNm0North Little Rock
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072116
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0arva.k12.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott Sides
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Head of School
ReturnHeader/BusinessOfficerGrp/PhoneNum05016644225
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Arkansas Virtual Academy
ReturnHeader/Filer/BusinessNameControlTxt0ARKA
ReturnHeader/Filer/EIN0432017445
ReturnHeader/Filer/PhoneNum05016644225
ReturnHeader/Filer/USAddress/AddressLine1Txt04702 West Commercial Drive Suite B3
ReturnHeader/Filer/USAddress/CityNm0North Little Rock
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072116
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710271741
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Thomas & Thomas LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 E Markham Suite 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Little Rock
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072201
ReturnHeader/PreparerPersonGrp/PhoneNum05013752025
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Randy L Milligan
ReturnHeader/ReturnTs02016-05-12T13:37:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$839,866
Liabilities
$506,945
Net assets
$332,921
Revenue
$11,554,994
Expenses
$11,423,566
Net income
$131,428
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$1.98$0.84$34.8$35.2$0.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$2.87$1.30$37.9$38.5$0.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.35$3.53$1.82$37.4$36.9$0.52
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$1.78$1.30$27.7$27.2$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.99$0.77$19.1$18.8$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$1.56$0.53$17.3$17.3$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$1.32$0.46$14.4$14.4$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$1.03$0.44$13.1$13.1$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.47$1.08$0.39$12.8$12.8$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.51$0.33$11.6$11.4$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.55$0.21$7.03$6.94$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.48$0.12$3.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.27$0.18$3.33
2011Summary only. Only limited summary data is available for this year.$0.79$0.69$0.10$3.40$3.35$0.05