Civic Intelligence

Ar Kids Read

990 • Fiscal year 2020 • EIN 46-1477513

Jul 01, 2019 to Jun 30, 2020 • Filed on May 11, 2021

11415 Huron Lane Unit 22701Little Rock, AR 72211

(501) 244-2661

Siviq Scores

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

Liabilities / Assets

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.04x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

73rd percentile

24%

Higher net margin than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$81,634

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 25.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

98th percentile

791%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-21%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$90,885

Up $80,683 (+791%) from 2019

Net Assets

Up

$77,567

Up $77,199 (+20978%) from 2019

Liabilities

Up

$13,318

Up $3,484 (+35%) from 2019

Revenue

Down

$321,706

Down $84,699 (-21%) from 2019

Expenses

Down

$244,507

Down $229,441 (-48%) from 2019

Net Income

Up

$77,199

Up $144,742 (+214%) from 2019

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

2020

Assets$90,885
Liabilities$13,318
Net Assets$77,567

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

2020

Revenue$321,706
Expenses$244,507
Net Income$77,199
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.1
Gross Receipts
$321,706
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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,400$84,834▲ $81,434
Prepaid Expenses and Deferred Charges$6,802$5,814▼ $988
Accounts Receivable-$237-
Land, Buildings, and Equipment, Net-$0-
Total Assets$10,202$90,885▲ $80,683
Liabilities
Accounts Payable and Accrued Expenses$7,834$13,318▲ $5,484
Deferred Revenue$2,000--
Total Liabilities$9,834$13,318▲ $3,484
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$54,448-
Net Assets Without Donor Restrictions$368$23,119▲ $22,751
Total Net Assets Fund Balance$368$77,567▲ $77,199
Total Liabilities and Net Assets / Fund Balance$10,202$90,885▲ $80,683

Asset Categories

AssetBook ValueDepreciationBasis
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dionne JacksonExecutive DirectorFT$81,634$81,634

Board Members and Trustees

NameTitle
Cathy TuggleBoard Chair
Jonathan OliverBoard Past Chair
Judy LoveBoard Past Chair
Catherine RobinsonBoard Vice Chair
Devin BatesBoard Member
Erin Hawley NewboltBoard Member
Gain RobinsonBoard Member
Gloria RedmanBoard Member
Keith RiggsBoard Member
Kelly Lyon EddBoard Member
Matty RossBoard Member
Sharon HeflinBoard Member
Sheridan RichardsBoard Member
Tim EzellBoard Member
Donald WoodSecretary
Susan DunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$311,450
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$10,256
All Other Contributions
$311,450
Change in Net Assets
$77,199

Audited Revenue Reconciliation

Revenue per Audited Statements
$321,706
Total Revenue per Audited Statements
$321,706
Total Revenue per Form 990
$321,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,097
Salaries, Compensation, and Employee Benefits$103,410
Total Fundraising Expense$43,613
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$95,516$2,993$8,769$107,278
Other Salaries and Wages$22,894$45,672$34,844$103,410
Fees for Services Accounting$0$9,372$0$9,372
Occupancy$99$3,595$0$3,694
Insurance$944$1,415$0$2,359
Other Expenses$1,166$0$0$1,166
Travel$188$419$0$607
Total Functional Expenses$135,571$65,323$43,613$244,507

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,507
Total Expenses per Audited Statements$244,507
Total Expenses per Form 990$244,507
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
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
11415 HURON LANE UNIT 22701, LITTLE ROCK, AR 72211

Signing Officer

Name
Sherra Bennett
Title
Executive Director
Phone
5012442661
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherra Bennett
Formed
2012
Legal Domicile
Ar
Voting Board Members
15
Independent Board Members
15
Employees
0
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

Pt XI

Line 9 - loss on disposal of assets

Form 990, Part IX, Line 24E

Printing & copying 915. 458. 457. 0.

Form 990, Part IX, Line 24E

Sponsor fundraising 8769. 0. 0. 8769.

Form 990, Part IX, Line 24E

Supplies 2345. 1173. 1172. 0.

Form 990, Part IX, Line 24E

Technology/telephone 6818. 5454. 1364. 0.

Form 990, Part IX, Line 24E

Contract labor 20320. 20320. 0. 0.

Form 990, Part IX, Line 24E

In-kind goods & services 65250. 65250. 0. 0.

Form 990, Part IX, Line 24E

Vista cost share 2861. 2861. 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/ExplanationTxt4LINE 9 - LOSS ON DISPOSAL OF ASSETS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRINTING & COPYING 915. 458. 457. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SPONSOR FUNDRAISING 8769. 0. 0. 8769.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPLIES 2345. 1173. 1172. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TECHNOLOGY/TELEPHONE 6818. 5454. 1364. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CONTRACT LABOR 20320. 20320. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10IN-KIND GOODS & SERVICES 65250. 65250. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11VISTA COST SHARE 2861. 2861. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
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