Civic Intelligence

Reform Alliance Inc.

990 • Fiscal year 2018 • EIN 47-2573670

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

411 S VictoryLittle Rock, AR 72201

(501) 244-9028

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

57th percentile

5.7%

Higher net margin than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$43,750

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

50th percentile

1.1%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$1,635,688

Flat from 2018

Net Assets

Flat

$1,632,577

Flat from 2018

Liabilities

Flat

$3,111

Flat from 2018

Revenue

Flat

$2,036,959

Flat from 2018

Expenses

Flat

$1,921,293

Flat from 2018

Net Income

Flat

$115,666

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $475,130Liabilities 2015: $2,500Net Assets 2015: $472,6302015Assets 2016: $709,392Liabilities 2016: $6,395Net Assets 2016: $702,9972016Assets 2017: $1,618,260Liabilities 2017: $4,745Net Assets 2017: $1,613,5152017Assets 2018: $1,635,688Liabilities 2018: $3,111Net Assets 2018: $1,632,5772018Assets 2018: $1,635,688Liabilities 2018: $3,111Net Assets 2018: $1,632,5772018Assets 2019: $1,815,606Liabilities 2019: $108,072Net Assets 2019: $1,707,5342019Assets 2020: $2,510,531Liabilities 2020: $7,474Net Assets 2020: $2,503,0572020Assets 2021: $2,298,695Liabilities 2021: $959Net Assets 2021: $2,297,7362021Assets 2022: $996,978Liabilities 2022: $0Net Assets 2022: $996,9782022Assets 2023: $2,476,003Liabilities 2023: $10,867Net Assets 2023: $2,465,1362023Assets 2024: $6,400,399Liabilities 2024: $17,101Net Assets 2024: $6,383,2982024

Highlighted filing

2018

Assets$1,635,688
Liabilities$3,111
Net Assets$1,632,577

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $472,662Expenses 2015: $20Net Income 2015: $472,6422015Revenue 2016: $665,128Expenses 2016: $437,217Net Income 2016: $227,9112016Revenue 2017: $1,804,100Expenses 2017: $894,532Net Income 2017: $909,5682017Revenue 2018: $2,036,959Expenses 2018: $1,921,293Net Income 2018: $115,6662018Revenue 2018: $2,036,959Expenses 2018: $1,921,293Net Income 2018: $115,6662018Revenue 2019: $3,313,796Expenses 2019: $3,077,128Net Income 2019: $236,6682019Revenue 2020: $4,704,841Expenses 2020: $4,024,841Net Income 2020: $680,0002020Revenue 2021: $4,048,566Expenses 2021: $4,270,860Net Income 2021: -$222,2942021Revenue 2022: $3,156,747Expenses 2022: $4,399,312Net Income 2022: -$1,242,5652022Revenue 2023: $4,440,927Expenses 2023: $2,907,545Net Income 2023: $1,533,3822023Revenue 2024: $6,726,039Expenses 2024: $2,807,877Net Income 2024: $3,918,1622024

Highlighted filing

2018

Revenue$2,036,959
Expenses$1,921,293
Net Income$115,666
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$2,036,959
Mission and Program Overview

Mission

Oversee the implementation and reform of education in the state of arkansas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,618,260$1,619,688▲ $1,428
Accounts Receivable-$16,000-
Total Assets$1,618,260$1,635,688▲ $17,428
Liabilities
Accounts Payable and Accrued Expenses$4,745--
Other Liabilities-$3,111-
Total Liabilities$4,745$3,111▼ $1,634
Net Assets / Fund Balance
Unrestricted Net Assets$1,107,473$1,465,290▲ $357,817
Temporarily Rstr Net Assets$506,042$167,287▼ $338,755
Total Net Assets Fund Balance$1,613,515$1,632,577▲ $19,062
Total Liabilities and Net Assets / Fund Balance$1,618,260$1,635,688▲ $17,428
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Valerie PruittExecutive DirectorFT$43,750$43,750
Benjamin AskewEmployeeFT$10,667$10,667
Margaret CummingsOffice ManagerPT$10,417$10,417
Cole BrainerdEmployeeFT$6,827$6,827
Kyra ArmstrongEmployeeFT$4,987$4,987

Board Members and Trustees

NameTitle
Laurie LeeChairman of the Board
Jeff DangeauDirector
Mark BivianioDirector
John EddyMember
Stacey UtleyMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Trace Strategies LLCCampaign Advisory411 S VICTORY 206, Little Rock, AR 72201$250,000
Cj Huff LLCEd Adv Consultant110 HIDDEN VALLEY DR, Jolin, MO 64804$127,889
Revenue and Support

Revenue Composition

Contributions and Grants
$951,080
Program Service Revenue
$1,072,000
Investment Income
$0
Other Revenue
$13,879
All Other Contributions
$951,080
Change in Net Assets
$115,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,271,625
Other Expenses$562,904
Salaries, Compensation, and Employee Benefits$86,764
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,271,625--$1,271,625
Current Officers, Directors, Trustees, and Key Employees$78,088$8,676-$86,764
Advertising$76,259--$76,259
Conferences and Meetings$40,833$4,537-$45,370
Travel$2,648$23,838-$26,486
Information Technology$17,158$1,906-$19,064
Other Expenses$10,218$1,135-$11,353
Fees for Services Accounting-$6,675-$6,675
Office Expenses-$4,890-$4,890
All Other Expenses-$225-$225
Total Functional Expenses$1,832,079$89,214$0$1,921,293
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Margaret Cummings HenleyChild of ChairmanPayrollNo$10,417
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$3,111
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Laurie lees daughter, margaret cummings, is an employee. Mark and laurie have a business together.

Form 990 governing body review Part VI line 11

The organization contracted with a cpa firm to prepare the form 990, and upon completion a draft was circulated amongst the board members, and review coments were sent back to the cpa for finalization.

Conflict of interest policy compliance Part VI line 12C

In the first year the conflict of interest policy was not formalized. However, the board of directors were required to make sure through their attorneys that all interactions with the 501(c)3 were done with the highest of standards. The governance of the organization will address requests for conflict of interest documents as follows: all such documents will be made available to properly requested inquiries by scheduled appointments or by the mail.

CEO executive director top management comp Part VI line 15A

The board members will review the 990 before its submission and will make it available to all interested parties with a reasonable notification or request. No unrelated business income

Other officer or key employee compensation Part VI line 15B

The top officials and the chairman will review and evaluate the candidates and their compensation.

Governing documents etc available to public Part VI line 19

A properly routed request from interested parties for information on the financial statements, the tax return or governing documents will be answered by the officers in the home office.

Part VI response or note to any other line in Part VI

Line 7b: the paid executive director has some limited decision making ability.

Filing and Contact Details

Filer

Filer Name
The Reform Alliance
EIN
47-2573670
Address
411 S VICTORY, LITTLE ROCK, AR 72201

Signing Officer

Name
Laurie Lee
Title
Chairman of the
Phone
5012449028
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie Lee
Formed
2015
Legal Domicile
Ar
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
20

Preparer

Firm
John E Baines PC
Address
604 South Elm Street, Denton, TX 76201
Preparer
John Baines
Phone
9405659015
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

REQUIRED ADJUSTMENTS

Part III response or note to any other line in Part III

State of arkansas scholarship program for special needs students or students in group foster homes/ facilities.

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IRS990/PrincipalOfficerNm0LAURIE LEE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF ARKANSAS
IRS990/ProgramServiceRevenueGrp/Desc1NATIONAL SCHOOL CHOICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01050000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01050000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122000
IRS990/ProgSrvcAccomActy2Grp/Desc0DEVELOP VIABLE ALTERNATIVES FOR EDUCATION REFORM IN THE STATE OF ARKANSAS. LOOK FOR WAYS TO HELP RAISE THE QUALITY OF EDUCATIONAL OPPORTUNITIES IN THE STATE OF ARKANSAS AFFORDED BY SCHOOL CHOICE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0518886
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0951080
IRS990/ProgSrvcAccomActy3Grp/Desc0NATIONAL SCHOOL CHOICE WEEK
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041568
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt022000
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IRS990/PYContributionsGrantsAmt01488100
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IRS990/PYGrantsAndSimilarPaidAmt0513433
IRS990/PYOtherExpensesAmt0894532
IRS990/PYProgramServiceRevenueAmt0316000
IRS990/PYRevenuesLessExpensesAmt0330259
IRS990/PYSalariesCompEmpBnftPaidAmt065876
IRS990/PYTotalExpensesAmt01473841
IRS990/PYTotalRevenueAmt01804100
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IRS990/ReconcilationRevenueExpnssAmt0115666
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt01050000
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0472600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04978259
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0472600
IRS990ScheduleA/Total509Grp/TotalAmt04978259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02036959
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0664600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0472600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04978259
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03111
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Cards
IRS990ScheduleD/TotalLiabilityAmt03111
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01271625
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0State Suceed Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0384
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Once individuals are determined to be qualified for scholarship assistance funds are provided to the educational institution to improve the education and instruction of special needs students or students in group foster home/facilities.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MARGARET CUMMINGS HENLEY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CHILD OF CHAIRMAN
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt010417
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYROLL
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAURIE LEES DAUGHTER, MARGARET CUMMINGS, IS AN EMPLOYEE. MARK AND LAURIE HAVE A BUSINESS TOGETHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CONTRACTED WITH A CPA FIRM TO PREPARE THE FORM 990, AND UPON COMPLETION A DRAFT WAS CIRCULATED AMONGST THE BOARD MEMBERS, AND REVIEW COMENTS WERE SENT BACK TO THE CPA FOR FINALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN THE FIRST YEAR THE CONFLICT OF INTEREST POLICY WAS NOT FORMALIZED. HOWEVER, THE BOARD OF DIRECTORS WERE REQUIRED TO MAKE SURE THROUGH THEIR ATTORNEYS THAT ALL INTERACTIONS WITH THE 501(C)3 WERE DONE WITH THE HIGHEST OF STANDARDS. THE GOVERNANCE OF THE ORGANIZATION WILL ADDRESS REQUESTS FOR CONFLICT OF INTEREST DOCUMENTS AS FOLLOWS: ALL SUCH DOCUMENTS WILL BE MADE AVAILABLE TO PROPERLY REQUESTED INQUIRIES BY SCHEDULED APPOINTMENTS OR BY THE MAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MEMBERS WILL REVIEW THE 990 BEFORE ITS SUBMISSION AND WILL MAKE IT AVAILABLE TO ALL INTERESTED PARTIES WITH A REASONABLE NOTIFICATION OR REQUEST. NO UNRELATED BUSINESS INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TOP OFFICIALS AND THE CHAIRMAN WILL REVIEW AND EVALUATE THE CANDIDATES AND THEIR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A PROPERLY ROUTED REQUEST FROM INTERESTED PARTIES FOR INFORMATION ON THE FINANCIAL STATEMENTS, THE TAX RETURN OR GOVERNING DOCUMENTS WILL BE ANSWERED BY THE OFFICERS IN THE HOME OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REQUIRED ADJUSTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STATE OF ARKANSAS SCHOLARSHIP PROGRAM FOR SPECIAL NEEDS STUDENTS OR STUDENTS IN GROUP FOSTER HOMES/ FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LINE 7B: THE PAID EXECUTIVE DIRECTOR HAS SOME LIMITED DECISION MAKING ABILITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI response or note to any other line in Part VI
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0167287
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt089214
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01832079
IRS990/TotalFunctionalExpensesGrp/TotalAmt01921293
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt01072000
IRS990/TotalReportableCompFromOrgAmt076648
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02036959
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