Civic Intelligence

Ar Kids Read

990 • Fiscal year 2021 • EIN 46-1477513

Jul 01, 2020 to Jun 30, 2021 • Filed on May 04, 2022

PO Box 22701Little Rock, AR 72221

(501) 244-2661

Siviq Scores

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

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.09x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

77th percentile

34%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$78,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 23.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

92nd percentile

144%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

4.8%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$221,577

Up $130,692 (+144%) from 2020

Net Assets

Up

$190,700

Up $113,133 (+146%) from 2020

Liabilities

Up

$30,877

Up $17,559 (+132%) from 2020

Revenue

Up

$337,226

Up $15,520 (+4.8%) from 2020

Expenses

Down

$224,093

Down $20,414 (-8.3%) from 2020

Net Income

Up

$113,133

Up $35,934 (+47%) from 2020

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

2021

Assets$221,577
Liabilities$30,877
Net Assets$190,700

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

2021

Revenue$337,226
Expenses$224,093
Net Income$113,133
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.1
Gross Receipts
$337,226
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$84,834$212,840▲ $128,006
Savings and Temporary Cash Investments-$6,072-
Prepaid Expenses and Deferred Charges$5,814$2,607▼ $3,207
Accounts Receivable$237$58▼ $179
Total Assets$90,885$221,577▲ $130,692
Liabilities
Unsecured Notes Loans Payable-$25,000-
Accounts Payable and Accrued Expenses$13,318$5,877▼ $7,441
Total Liabilities$13,318$30,877▲ $17,559
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,119$190,700▲ $167,581
Net Assets With Donor Restrictions$54,448--
Total Net Assets Fund Balance$77,567$190,700▲ $113,133
Total Liabilities and Net Assets / Fund Balance$90,885$221,577▲ $130,692
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dionne JacksonExecutive Director-$78,000$78,000
Sherra BennettExecutive DirectorFT$10,417$10,417

Board Members and Trustees

NameTitle
Cathy TugglePast President
Tim EzellPresident
Devin BatesVice President
Anthony BrooksBoard Member
Asa CottrellBoard Member
Catherine YoungBoard Member
Erin Hawley NewboltBoard Member
Gain RobinsonBoard Member
Gloria RedmanBoard Member
Jonathan OliverBoard Member
Keith RiggsBoard Member
Matty RossBoard Member
Sharon HeflinBoard Member
Sheridan RichardsBoard Member
Donald WoodSecretary
Susan DunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$326,072
Program Service Revenue
$0
Investment Income
$1,017
Other Revenue
$10,137
All Other Contributions
$326,072
Change in Net Assets
$113,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$128,803
Other Expenses$95,290
Total Fundraising Expense$51,259
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$19,574$39,051$29,792$88,417
All Other Expenses$46,181$4,142$7,859$58,182
Other Salaries and Wages$8,942$17,836$13,608$40,386
Fees for Services Accounting$0$8,828$0$8,828
Information Technology$6,305$1,577$0$7,882
Other Expenses$4,593$0$0$4,593
Office Expenses$1,343$1,343$0$2,686
Occupancy$52$1,886$0$1,938
Insurance$726$1,088$0$1,814
Travel$446$995$0$1,441
Interest$0$638$0$638
Total Functional Expenses$94,436$78,398$51,259$224,093
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
PO BOX 22701, LITTLE ROCK, AR 72221

Signing Officer

Name
Kathy French
Title
Executive Director
Phone
5012442661
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy French
Formed
2012
Legal Domicile
Ar
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
67

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

Contract labor 35314. 35314. 0. 0.

Form 990, Part IX, Line 24E

In-kind goods & services 8850. 8850. 0. 0.

Form 990, Part IX, Line 24E

Memberships and dues 2125. 0. 2125. 0.

Form 990, Part IX, Line 24E

Printing and copying 4034. 2017. 2017. 0.

Form 990, Part IX, Line 24E

Sponsor fundraising 7859. 0. 0. 7859.

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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/ExplanationTxt5CONTRACT LABOR 35314. 35314. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IN-KIND GOODS & SERVICES 8850. 8850. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEMBERSHIPS AND DUES 2125. 0. 2125. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PRINTING AND COPYING 4034. 2017. 2017. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SPONSOR FUNDRAISING 7859. 0. 0. 7859.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
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