Civic Intelligence

Ar Kids Read

990 • Fiscal year 2016 • EIN 46-1477513

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 12, 2016

500 Pleasant Valley DriveLittle Rock, AR 72201

(501) 244-2661

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$49,300

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

97th percentile

374%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

227%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$103,964

Up $82,017 (+374%) from 2015

Net Assets

Up

$100,137

Up $80,172 (+402%) from 2015

Liabilities

Up

$3,827

Up $1,845 (+93%) from 2015

Revenue

Up

$292,220

Up $202,986 (+227%) from 2015

Expenses

Up

$212,048

Up $77,491 (+58%) from 2015

Net Income

Up

$80,172

Up $125,495 (+277%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $60,892Liabilities 2014: $604Net Assets 2014: $60,2882014Assets 2015: $21,947Liabilities 2015: $1,982Net Assets 2015: $19,9652015Assets 2016: $103,964Liabilities 2016: $3,827Net Assets 2016: $100,1372016Assets 2017: $110,134Liabilities 2017: $7,188Net Assets 2017: $102,9462017Assets 2018: $70,959Liabilities 2018: $3,048Net Assets 2018: $67,9112018Assets 2019: $10,202Liabilities 2019: $9,834Net Assets 2019: $3682019Assets 2020: $90,885Liabilities 2020: $13,318Net Assets 2020: $77,5672020Assets 2021: $221,577Liabilities 2021: $30,877Net Assets 2021: $190,7002021Assets 2022: $215,128Liabilities 2022: $3,159Net Assets 2022: $211,9692022Assets 2023: $339,825Liabilities 2023: $13,676Net Assets 2023: $326,1492023Assets 2024: $440,905Liabilities 2024: $13,642Net Assets 2024: $427,2632024Assets 2025: $429,449Liabilities 2025: $14,064Net Assets 2025: $415,3852025

Highlighted filing

2016

Assets$103,964
Liabilities$3,827
Net Assets$100,137

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $141,860Expenses 2014: $145,977Net Income 2014: -$4,1172014Revenue 2015: $89,234Expenses 2015: $134,557Net Income 2015: -$45,3232015Revenue 2016: $292,220Expenses 2016: $212,048Net Income 2016: $80,1722016Revenue 2017: $344,661Expenses 2017: $341,852Net Income 2017: $2,8092017Revenue 2018: $450,344Expenses 2018: $484,333Net Income 2018: -$33,9892018Revenue 2019: $406,405Expenses 2019: $473,948Net Income 2019: -$67,5432019Revenue 2020: $321,706Expenses 2020: $244,507Net Income 2020: $77,1992020Revenue 2021: $337,226Expenses 2021: $224,093Net Income 2021: $113,1332021Revenue 2022: $289,266Expenses 2022: $267,702Net Income 2022: $21,5642022Revenue 2023: $481,595Expenses 2023: $367,737Net Income 2023: $113,8582023Revenue 2024: $561,287Expenses 2024: $460,727Net Income 2024: $100,5602024Revenue 2025: $530,750Expenses 2025: $544,891Net Income 2025: -$14,1412025

Highlighted filing

2016

Revenue$292,220
Expenses$212,048
Net Income$80,172
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 12, 2016
Return Version
2015v2.1
Gross Receipts
$292,220
Mission and Program Overview

Mission

The organization is a community volunteer-based

The organization is a community volunteer-based program desinged to provide struggling readers and their families with access to trained tutors who donate tme on a regular basis. The focus of these volunteer tutors is children who need to improve basic literacy language skills to proficiently read at grade level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,943$82,923▲ $78,980
Accounts Receivable$10,417$16,667▲ $6,250
Land, Buildings, and Equipment, Net$6,146$4,055▼ $2,091
Inventories for Sale or Use$882--
Total Assets$21,947$103,964▲ $82,017
Other Assets Total$559$319▼ $240
Liabilities
Accounts Payable and Accrued Expenses$1,982$3,827▲ $1,845
Total Liabilities$1,982$3,827▲ $1,845
Net Assets / Fund Balance
Unrestricted Net Assets$19,965$100,137▲ $80,172
Total Net Assets Fund Balance$19,965$100,137▲ $80,172
Total Liabilities and Net Assets / Fund Balance$21,947$103,964▲ $82,017

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,055$7,423$11,478
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charlie ConklinExecutive DirectorFT$49,300$49,300

Board Members and Trustees

NameTitle
Donald WoodChairman
Judy LoveVice Chair
Chad CarlsonBoard Member
Gain RobinsonBoard Member
Gloria RedmanBoard Member
Jamie ScottBoard Member
Lindsey GrayBoard Member
Sharon HeflinBoard Member
Tjuana ByrdBoard Member
Jared HendersonBoard Memeber
Revenue and Support

Revenue Composition

Contributions and Grants
$260,340
Program Service Revenue
$31,880
Investment Income
$0
Other Revenue
$0
All Other Contributions
$260,340
Change in Net Assets
$80,172

Audited Revenue Reconciliation

Revenue per Audited Statements
$292,220
Total Revenue per Audited Statements
$292,220
Total Revenue per Form 990
$292,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$118,840
Other Expenses$93,208
Total Fundraising Expense$7,802
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$84,377$27,333$7,130$118,840
All Other Expenses$38,665$1,187$0$39,852
Other Expenses$17,159$0$0$17,159
Information Technology$8,753$1,641$547$10,941
Occupancy$0$5,784$0$5,784
Travel$4,992$555$0$5,547
Fees for Services Accounting$0$4,450$0$4,450
Depreciation Depletion$1,485$481$125$2,091
Insurance$1,001$668$0$1,669
Total Functional Expenses$161,022$43,224$7,802$212,048

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$212,048
Total Expenses per Audited Statements$212,048
Total Expenses per Form 990$212,048
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
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Ar Kids Read
EIN
46-1477513
Phone
5012442661
Address
500 PLEASANT VALLEY DRIVE, LITTLE ROCK, AR 72201

Signing Officer

Name
Charlie Conklin
Title
Executive Director
Phone
5012442661
Signed
2016-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Conklin
Formed
2012
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
400

Preparer

Firm
Cobb & Suskie Ltd
Address
650 S SHACKLEFORD RD STE400, LITTLE ROCK, AR 72211
Preparer
Michael L Cobb
Phone
5012252133
Supplemental Narrative

Additional Explanations

Other

Form 990-ez, part iii, line 28, program service accomplishments: ar kids read (the "organization"), originally a ministry of the nehemiah network nonprofit, incorporated on november 21, 2012, and is a nonprofit child literacy effort. The organization is a community volunteer-based program designed to provide struggling readers and their families with access to trained tutors who donate time on a regular basis. Tutors work in small groups or one-on-one, building relationships between student and tutor that create an environment that is ideal for learning and encourages reading. The focus of these volunteer tutors are children who need to improve basic literacy language skills to proficiently read at grade level. Key components of the ar kids read tutor program are: student relationship-based, low tutor-to-student ratio, mentor commitment (for at least one semester), reading level-based curriculum, and effective program coordination, tutor training, and support. The organization also works to build partnerships with agencies and organizations to increase awareness of children's literacy issues, promote the availability of reading support services, and reach potential students and volunteer tutors. Ar kids read works to recruit, train and provide tutors to participating school districts, non-profits, churches and other agencies to help children read at grade level. Participating school districts, agencies, churches and other organizations are responsible for providing appropriate tutor background checks for all tutors prior to placement with children. 98% of tutors are currently placed at an "in school" environment with elementary schools. As of the audit date, ar kids read works with elementary schools within the little rock school district , north little rock school district, and pulaski county special school district. Ar kids read partners with orgainizations throughout the community in areas of tutor recruitment and children's literacy awareness. Partner organizations provide five or more ar kids read tutor volunteers and an ar kids read contact. Partner organizations represent multiple sectors in the community including business, faith and general community partners.

Pt VI, Line 11B

Form 990 is reviewed by the board of directors

Pt VI, Line 15A

The executive director's salary is determined by the board of directors

Pt VI, Line 15B

The board of directors determines and reviews all personnel salaries

Form 990EZ, Part I, Line 16

Books and Resources 3464.

Form 990EZ, Part I, Line 16

Insurance 1669.

Form 990EZ, Part I, Line 16

Memberships and Dues

Form 990EZ, Part I, Line 16

Operations

Form 990EZ, Part I, Line 16

Other Costs 1288.

Form 990EZ, Part I, Line 16

Program Support 425.

Form 990EZ, Part I, Line 16

Supplies 2374.

Form 990EZ, Part I, Line 16

Technology/Telephone 10941.

Form 990EZ, Part I, Line 16

Program Expenses 17159.

Form 990EZ, Part I, Line 16

summer programs 37053.

Form 990EZ, Part I, Line 16

Travel 5547.

Form 990EZ, Part II, Line 24

Grants Receivable 10417. 16667.

Form 990EZ, Part II, Line 24

Inventory 882. 0.

Form 990EZ, Part II, Line 24

Other Current Assets 559. 319.

Form 990EZ, Part II, Line 26

Accounts Payable 1441.

Form 990EZ, Part II, Line 26

Accrued Expenses 541.

Form 990, Part IX, Line 24E

Program support 425. 425. 0. 0.

Form 990, Part IX, Line 24E

Supplies 2374. 1187. 1187. 0.

Form 990, Part IX, Line 24E

Summer programs 37053. 37053. 0. 0.

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IRS990/PrincipalOfficerNm0CHARLIE CONKLIN
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: AR KIDS READ (THE "ORGANIZATION"), ORIGINALLY A MINISTRY OF THE NEHEMIAH NETWORK NONPROFIT, INCORPORATED ON NOVEMBER 21, 2012, AND IS A NONPROFIT CHILD LITERACY EFFORT. THE ORGANIZATION IS A COMMUNITY VOLUNTEER-BASED PROGRAM DESIGNED TO PROVIDE STRUGGLING READERS AND THEIR FAMILIES WITH ACCESS TO TRAINED TUTORS WHO DONATE TIME ON A REGULAR BASIS. TUTORS WORK IN SMALL GROUPS OR ONE-ON-ONE, BUILDING RELATIONSHIPS BETWEEN STUDENT AND TUTOR THAT CREATE AN ENVIRONMENT THAT IS IDEAL FOR LEARNING AND ENCOURAGES READING. THE FOCUS OF THESE VOLUNTEER TUTORS ARE CHILDREN WHO NEED TO IMPROVE BASIC LITERACY LANGUAGE SKILLS TO PROFICIENTLY READ AT GRADE LEVEL. KEY COMPONENTS OF THE AR KIDS READ TUTOR PROGRAM ARE: STUDENT RELATIONSHIP-BASED, LOW TUTOR-TO-STUDENT RATIO, MENTOR COMMITMENT (FOR AT LEAST ONE SEMESTER), READING LEVEL-BASED CURRICULUM, AND EFFECTIVE PROGRAM COORDINATION, TUTOR TRAINING, AND SUPPORT. THE ORGANIZATION ALSO WORKS TO BUILD PARTNERSHIPS WITH AGENCIES AND ORGANIZATIONS TO INCREASE AWARENESS OF CHILDREN'S LITERACY ISSUES, PROMOTE THE AVAILABILITY OF READING SUPPORT SERVICES, AND REACH POTENTIAL STUDENTS AND VOLUNTEER TUTORS. AR KIDS READ WORKS TO RECRUIT, TRAIN AND PROVIDE TUTORS TO PARTICIPATING SCHOOL DISTRICTS, NON-PROFITS, CHURCHES AND OTHER AGENCIES TO HELP CHILDREN READ AT GRADE LEVEL. PARTICIPATING SCHOOL DISTRICTS, AGENCIES, CHURCHES AND OTHER ORGANIZATIONS ARE RESPONSIBLE FOR PROVIDING APPROPRIATE TUTOR BACKGROUND CHECKS FOR ALL TUTORS PRIOR TO PLACEMENT WITH CHILDREN. 98% OF TUTORS ARE CURRENTLY PLACED AT AN "IN SCHOOL" ENVIRONMENT WITH ELEMENTARY SCHOOLS. AS OF THE AUDIT DATE, AR KIDS READ WORKS WITH ELEMENTARY SCHOOLS WITHIN THE LITTLE ROCK SCHOOL DISTRICT , NORTH LITTLE ROCK SCHOOL DISTRICT, AND PULASKI COUNTY SPECIAL SCHOOL DISTRICT. AR KIDS READ PARTNERS WITH ORGAINIZATIONS THROUGHOUT THE COMMUNITY IN AREAS OF TUTOR RECRUITMENT AND CHILDREN'S LITERACY AWARENESS. PARTNER ORGANIZATIONS PROVIDE FIVE OR MORE AR KIDS READ TUTOR VOLUNTEERS AND AN AR KIDS READ CONTACT. PARTNER ORGANIZATIONS REPRESENT MULTIPLE SECTORS IN THE COMMUNITY INCLUDING BUSINESS, FAITH AND GENERAL COMMUNITY PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DETERMINES AND REVIEWS ALL PERSONNEL SALARIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Books and Resources 3464.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 1669.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Memberships and Dues
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Operations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other Costs 1288.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Program Support 425.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies 2374.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Technology/Telephone 10941.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Program Expenses 17159.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13summer programs 37053.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Travel 5547.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Grants Receivable 10417. 16667.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Inventory 882. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Other Current Assets 559. 319.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accounts Payable 1441.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Accrued Expenses 541.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20PROGRAM SUPPORT 425. 425. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21SUPPLIES 2374. 1187. 1187. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22SUMMER PROGRAMS 37053. 37053. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
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IRS990/USAddress/AddressLine1Txt0PO BOX 164407
IRS990/USAddress/CityNm0LITTLE ROCK
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072216
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLIE CONKLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05012442661
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AR KIDS READ
ReturnHeader/Filer/BusinessNameControlTxt0ARKI

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