Civic Intelligence

Ar Kids Read

990 • Fiscal year 2017 • EIN 46-1477513

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 28, 2017

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

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.02x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

44th percentile

0.8%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$50,385

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

56th percentile

5.9%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$110,134

Up $6,170 (+5.9%) from 2016

Net Assets

Up

$102,946

Up $2,809 (+2.8%) from 2016

Liabilities

Up

$7,188

Up $3,361 (+88%) from 2016

Revenue

Up

$344,661

Up $52,441 (+18%) from 2016

Expenses

Up

$341,852

Up $129,804 (+61%) from 2016

Net Income

Down

$2,809

Down $77,363 (-96%) from 2016

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

2017

Assets$110,134
Liabilities$7,188
Net Assets$102,946

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

2017

Revenue$344,661
Expenses$341,852
Net Income$2,809
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 28, 2017
Return Version
2016v3.0
Gross Receipts
$344,661
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$82,923$106,113▲ $23,190
Accounts Receivable$16,667--
Land, Buildings, and Equipment, Net$4,055$2,910▼ $1,145
Total Assets$103,964$110,134▲ $6,170
Other Assets Total$319$1,111▲ $792
Liabilities
Accounts Payable and Accrued Expenses$3,827$7,188▲ $3,361
Total Liabilities$3,827$7,188▲ $3,361
Net Assets / Fund Balance
Unrestricted Net Assets$100,137$102,946▲ $2,809
Total Net Assets Fund Balance$100,137$102,946▲ $2,809
Total Liabilities and Net Assets / Fund Balance$103,964$110,134▲ $6,170

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,910$9,438$12,348
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charlie ConklinExecutive DirectorFT$50,385$50,385

Board Members and Trustees

NameTitle
Donald WoodChairman
Judy LoveVice Chair
Chad CarlsonBoard Member
Erin Hawly NewboltBoard Member
Espranza MassanaBoard Member
Gain RobinsonBoard Member
Gloria RedmanBoard Member
Jamie ScottBoard Member
Jonathan OliverBoard Member
Lindsey GrayBoard Member
Nathaniel NobleBoard Member
Qutina WatsonBoard Member
Sharon HeflinBoard Member
Tjuana ByrdBoard Member
Todd HartBoard Member
Warwick SabinBoard Member
Jared HendersonBoard Memeber
Revenue and Support

Revenue Composition

Contributions and Grants
$138,988
Program Service Revenue
$18,000
Investment Income
$0
Other Revenue
$187,673
All Other Contributions
$138,988
Change in Net Assets
$2,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$344,661
Total Revenue per Audited Statements
$344,661
Total Revenue per Form 990
$344,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,905
Salaries, Compensation, and Employee Benefits$167,947
Total Fundraising Expense$18,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,243$38,628$10,076$167,947
All Other Expenses$116,500$3,327$8,168$127,995
Travel$11,365$1,264$0$12,629
Occupancy$0$7,714$0$7,714
Fees for Services Accounting$0$4,200$0$4,200
Advertising$4,137$0$0$4,137
Other Expenses$1,117$1,987$0$3,104
Total Functional Expenses$264,314$59,294$18,244$341,852

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$341,852
Total Expenses per Audited Statements$341,852
Total Expenses per Form 990$341,852
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
2017-11-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Conklin
Formed
2012
Legal Domicile
Ar
Voting Board Members
17
Independent Board Members
17
Employees
11
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

Form 990EZ, Part I, Line 16

Insurance

Form 990EZ, Part I, Line 16

Memberships and Dues

Form 990EZ, Part I, Line 16

Operations

Form 990EZ, Part I, Line 16

Other Costs

Form 990EZ, Part I, Line 16

Program Support

Form 990EZ, Part I, Line 16

Supplies

Form 990EZ, Part I, Line 16

Technology/Telephone

Form 990EZ, Part I, Line 16

Program Expenses

Form 990EZ, Part I, Line 16

summer programs

Form 990EZ, Part I, Line 16

Travel

Form 990EZ, Part II, Line 24

Grants Receivable 16667.

Form 990EZ, Part II, Line 24

Inventory 0.

Form 990EZ, Part II, Line 24

Other Current Assets 319.

Form 990EZ, Part II, Line 26

Accounts Payable

Form 990EZ, Part II, Line 26

Accrued Expenses

Form 990, Part IX, Line 24E

Program support 335. 335. 0. 0.

Form 990, Part IX, Line 24E

Supplies 2442. 1221. 1221. 0.

Form 990, Part IX, Line 24E

Depreciation expense 2015. 1431. 464. 120.

Form 990, Part IX, Line 24E

Technology/telephone 10949. 8759. 1642. 548.

Form 990, Part IX, Line 24E

Contract labor 10000. 2500. 0. 7500.

Form 990, Part IX, Line 24E

In-kind goods & services 90927. 90927. 0. 0.

Form 990, Part IX, Line 24E

Recruiting & recognition 11327. 11327. 0. 0.

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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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Memberships and Dues
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Operations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other Costs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Program Support
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Technology/Telephone
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Program Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13summer programs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Travel
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Grants Receivable 16667.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Inventory 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Other Current Assets 319.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accounts Payable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Accrued Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20PROGRAM SUPPORT 335. 335. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21SUPPLIES 2442. 1221. 1221. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22DEPRECIATION EXPENSE 2015. 1431. 464. 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23TECHNOLOGY/TELEPHONE 10949. 8759. 1642. 548.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24CONTRACT LABOR 10000. 2500. 0. 7500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25IN-KIND GOODS & SERVICES 90927. 90927. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26RECRUITING & RECOGNITION 11327. 11327. 0. 0.
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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
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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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
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