Civic Intelligence

Arkansas Virtual Academy

990 • Fiscal year 2016 • EIN 43-2017445

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 13, 2017

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

83rd percentile

0.74x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

24th percentile

0.08x

Higher debt load relative to revenue than 24% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

40th percentile

0.4%

Higher net margin than 40% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

96th percentile

75%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

11%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,470,761

Up $630,895 (+75%) from 2015

Net Assets

Up

$388,833

Up $55,912 (+17%) from 2015

Liabilities

Up

$1,081,928

Up $574,983 (+113%) from 2015

Revenue

Up

$12,813,773

Up $1,258,779 (+11%) from 2015

Expenses

Up

$12,757,861

Up $1,334,295 (+12%) from 2015

Net Income

Down

$55,912

Down $75,516 (-57%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$1,470,761
Liabilities$1,081,928
Net Assets$388,833

Operations Trend

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

2016

Revenue$12,813,773
Expenses$12,757,861
Net Income$55,912
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 13, 2017
Return Version
2015v3.0
Gross Receipts
$12,813,773
Mission and Program Overview

Mission

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

To support, guide, and assist families and colleagues in a positive way through teamwork to promote academic growth that leads to high achievement for the entire Arkansas Virtual Academy community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$694,092$1,288,233▲ $594,141
Accounts Receivable$99,620$107,732▲ $8,112
Total Assets$839,866$1,470,761▲ $630,895
Other Assets Total$46,154$74,796▲ $28,642
Liabilities
Accounts Payable and Accrued Expenses$460,791$1,007,132▲ $546,341
Other Liabilities$46,154$74,796▲ $28,642
Total Liabilities$506,945$1,081,928▲ $574,983
Net Assets / Fund Balance
Unrestricted Net Assets$322,791$353,454▲ $30,663
Temporarily Rstr Net Assets$10,130$35,379▲ $25,249
Total Net Assets Fund Balance$332,921$388,833▲ $55,912
Total Liabilities and Net Assets / Fund Balance$839,866$1,470,761▲ $630,895

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$74,796--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John RiggsChair
Jess Askew IIIVice Chair
Ann ClemmerBoard Member
Chad GallagherBoard Member
Dr Gary McHenryBoard Member
Paige GormanBoard Member
Cary HiattSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
K-12 IncSee Schedule O2300 Corporate Park Drive, Herndon, VA 20171$8,198,000
Revenue and Support

Revenue Composition

Contributions and Grants
$7,372
Program Service Revenue
$12,801,503
Investment Income
$4,898
Other Revenue
$0
All Other Contributions
$7,372
Change in Net Assets
$55,912

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,813,773
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$12,813,773
Total Revenue per Form 990
$12,813,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,783,628
Salaries, Compensation, and Employee Benefits$2,974,233
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,345,120--$2,345,120
Fees for Services Other$1,278,159$716,055-$1,994,214
Pension Plan Contributions$257,628--$257,628
All Other Expenses$159,705$74,356-$234,061
Other Employee Benefits$197,568--$197,568
Other Expenses$128,804$65,544-$194,348
Payroll Taxes$173,917--$173,917
Occupancy-$54,847-$54,847
Travel$31,385$12,188-$43,573
Office Expenses$28,179$12,123-$40,302
Fees for Services Accounting-$25,025-$25,025
Total Functional Expenses$11,785,443$972,418$0$12,757,861

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,757,861
Total Expenses per Audited Statements$12,757,861
Total Expenses per Form 990$12,757,861
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$74,796
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 Board member for review prior to 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
John Riggs
Title
Board Chair
Phone
5016644225
Signed
2017-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Riggs
Formed
2003
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
7
Employees
78
Volunteers
7

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 937,574. Management and general expenses 0. Fundraising expenses 0. Total expenses 937,574. Technology Services: Program service expenses 340,585. Management and general expenses 0. Fundraising expenses 0. Total expenses 340,585. Management Services: Program service expenses 0. Management and general expenses 716,055. Fundraising expenses 0. Total expenses 716,055.

Raw XML Appendix389 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/BOYAmt0460791
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01007132
IRS990/AccountsReceivableGrp/BOYAmt099620
IRS990/AccountsReceivableGrp/EOYAmt0107732
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To support, guide, and assist families and colleagues in a positive way through teamwork to promote academic growth that leads to high achievement for the entire Arkansas Virtual Academy community.
IRS990/AllOtherContributionsAmt07372
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt074356
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0159705
IRS990/AllOtherExpensesGrp/TotalAmt0234061
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/BOYAmt0694092
IRS990/CashNonInterestBearingGrp/EOYAmt01288233
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt08198000
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/CYContributionsGrantsAmt07372
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04898
IRS990/CYOtherExpensesAmt09783628
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt012801503
IRS990/CYRevenuesLessExpensesAmt055912
IRS990/CYSalariesCompEmpBnftPaidAmt02974233
IRS990/CYTotalExpensesAmt012757861
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012813773
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/EmployeeCnt078
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt011785443
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025025
IRS990/FeesForServicesAccountingGrp/TotalAmt025025
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0716055
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01278159
IRS990/FeesForServicesOtherGrp/TotalAmt01994214
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/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0John Riggs
IRS990/Form990PartVIISectionAGrp/PersonNm1Jess Askew III
IRS990/Form990PartVIISectionAGrp/PersonNm2Cary Hiatt
IRS990/Form990PartVIISectionAGrp/PersonNm3Chad Gallagher
IRS990/Form990PartVIISectionAGrp/PersonNm4Dr Gary McHenry
IRS990/Form990PartVIISectionAGrp/PersonNm5Ann Clemmer
IRS990/Form990PartVIISectionAGrp/PersonNm6Paige Gorman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012813773
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt04898
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04898
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/MissionDesc0Arkansas Virtual Academy will support, guide, and assist families and colleagues in a positive way through teamwork to promote academic growth that leads to high achievement for the entire Arkansas Virtual Academy community. We will do this by keeping sight of our vision and embracing change through teamwork and good communication to ensure family commitment to accomplish our purpose.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0332921
IRS990/NetAssetsOrFundBalancesEOYAmt0388833
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt054847
IRS990/OccupancyGrp/TotalAmt054847
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012123
IRS990/OfficeExpensesGrp/ProgramServicesAmt028179
IRS990/OfficeExpensesGrp/TotalAmt040302
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt046154
IRS990/OtherAssetsTotalGrp/EOYAmt074796
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0197568
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0197568
IRS990/OtherExpensesGrp/Desc0Textbooks
IRS990/OtherExpensesGrp/Desc1Equipment Rental & Main
IRS990/OtherExpensesGrp/Desc2Student Test Admin
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012280
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt165544
IRS990/OtherExpensesGrp/ProgramServicesAmt06252043
IRS990/OtherExpensesGrp/ProgramServicesAmt1519748
IRS990/OtherExpensesGrp/ProgramServicesAmt2413187
IRS990/OtherExpensesGrp/ProgramServicesAmt3128804
IRS990/OtherExpensesGrp/TotalAmt06252043
IRS990/OtherExpensesGrp/TotalAmt1532028
IRS990/OtherExpensesGrp/TotalAmt2413187
IRS990/OtherExpensesGrp/TotalAmt3194348
IRS990/OtherLiabilitiesGrp/BOYAmt046154
IRS990/OtherLiabilitiesGrp/EOYAmt074796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02345120
IRS990/OtherSalariesAndWagesGrp/TotalAmt02345120
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0173917
IRS990/PayrollTaxesGrp/TotalAmt0173917
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0257628
IRS990/PensionPlanContributionsGrp/TotalAmt0257628
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0John Riggs
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0State Assistance
IRS990/ProgramServiceRevenueGrp/Desc1Federal Assistance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011781801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11019702
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011781801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11019702
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0903
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04046
IRS990/PYOtherExpensesAmt09300846
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt011550045
IRS990/PYRevenuesLessExpensesAmt0131428
IRS990/PYSalariesCompEmpBnftPaidAmt02122720
IRS990/PYTotalExpensesAmt011423566
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011554994
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt055912
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012801503
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012757861
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt074796
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Special Revenue Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt074796
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to General Fund
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012813773
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt074796
IRS990ScheduleD/TotalExpensesPerForm990Amt012757861
IRS990ScheduleD/TotalLiabilityAmt074796
IRS990ScheduleD/TotalRevenuePerForm990Amt012813773
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012813773
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012757861
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
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/ExplanationTxt1The organization receives assistance from government agencies including the U.S. Department of Education and the Arkansas Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
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 Board member for review prior to 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 937,574. Management and general expenses 0. Fundraising expenses 0. Total expenses 937,574. Technology Services: Program service expenses 340,585. Management and general expenses 0. Fundraising expenses 0. Total expenses 340,585. Management Services: Program service expenses 0. Management and general expenses 716,055. Fundraising expenses 0. Total expenses 716,055.
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
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt010130
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt035379
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0839866
IRS990/TotalAssetsEOYAmt01470761
IRS990/TotalAssetsGrp/BOYAmt0839866
IRS990/TotalAssetsGrp/EOYAmt01470761
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt07372
IRS990/TotalEmployeeCnt078
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0972418
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011785443
IRS990/TotalFunctionalExpensesGrp/TotalAmt012757861
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0506945
IRS990/TotalLiabilitiesEOYAmt01081928
IRS990/TotalLiabilitiesGrp/BOYAmt0506945
IRS990/TotalLiabilitiesGrp/EOYAmt01081928
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0332921
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0388833
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt011785443
IRS990/TotalProgramServiceRevenueAmt012801503
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04898
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012801503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012813773
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0839866
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01470761
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt012188
IRS990/TravelGrp/ProgramServicesAmt031385
IRS990/TravelGrp/TotalAmt043573
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0322791
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0353454
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04702 West Commercial Drive Suite B3
IRS990/USAddress/CityNm0North Little Rock
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072116
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0arva.k12.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0John Riggs
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum05016644225
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-13
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/ReturnTs02017-04-17T09:01:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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