Civic Intelligence

Thea Foundation

990 • Fiscal year 2015 • EIN 52-2356755

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 09, 2016

Organization ProfileTHEAFOUNDATION.ORG
401 Main St No 100North Little Rock, AR 72114

(501) 379-3512

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

42nd percentile

0.07x

Higher debt load relative to revenue than 42% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

82nd percentile

24%

Higher net margin than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$95,410

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

74th percentile

11%

Faster asset growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-31%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$4,966,459

Up $477,415 (+11%) from 2014

Net Assets

Up

$4,834,159

Up $395,527 (+8.9%) from 2014

Liabilities

Up

$132,300

Up $81,888 (+162%) from 2014

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin82nd percentile

Revenue

Down

$1,841,159

Down $831,651 (-31%) from 2014

Expenses

Up

$1,406,304

Up $133,131 (+10%) from 2014

Net Income

Down

$434,855

Down $964,782 (-69%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,880,090Liabilities 2010: $6,511Net Assets 2010: $1,873,5792010Assets 2011: $1,928,568Liabilities 2011: $7,255Net Assets 2011: $1,921,3132011Assets 2012: $2,437,422Liabilities 2012: $14,948Net Assets 2012: $2,422,4742012Assets 2013: $3,074,097Liabilities 2013: $33,962Net Assets 2013: $3,040,1352013Assets 2014: $4,489,044Liabilities 2014: $50,412Net Assets 2014: $4,438,6322014Assets 2015: $4,966,459Liabilities 2015: $132,300Net Assets 2015: $4,834,1592015Assets 2016: $5,197,080Liabilities 2016: $131,576Net Assets 2016: $5,065,5042016Assets 2017: $4,999,699Liabilities 2017: $94,808Net Assets 2017: $4,904,8912017Assets 2019: $5,380,498Liabilities 2019: $60,700Net Assets 2019: $5,319,7982019Assets 2020: $5,177,476Liabilities 2020: $107,152Net Assets 2020: $5,070,3242020Assets 2021: $5,712,592Liabilities 2021: $39,554Net Assets 2021: $5,673,0382021Assets 2022: $5,510,380Liabilities 2022: $59,521Net Assets 2022: $5,450,8592022Assets 2023: $5,762,475Liabilities 2023: $395,996Net Assets 2023: $5,366,4792023Assets 2024: $6,184,325Liabilities 2024: $429,186Net Assets 2024: $5,755,1392024Assets 2025: $6,168,422Liabilities 2025: $356,070Net Assets 2025: $5,812,3522025

Highlighted filing

2015

Assets$4,966,459
Liabilities$132,300
Net Assets$4,834,159
Open 2015 Filing

Operations Trend

Revenue Growth10th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $746,859Expenses 2010: $435,605Net Income 2010: $311,2542010Revenue 2011: $704,402Expenses 2011: $651,738Net Income 2011: $52,6642011Revenue 2012: $1,275,344Expenses 2012: $814,742Net Income 2012: $460,6022012Revenue 2013: $1,544,088Expenses 2013: $959,940Net Income 2013: $584,1482013Revenue 2014: $2,672,810Expenses 2014: $1,273,173Net Income 2014: $1,399,6372014Revenue 2015: $1,841,159Expenses 2015: $1,406,304Net Income 2015: $434,8552015Revenue 2016: $1,515,570Expenses 2016: $1,384,133Net Income 2016: $131,4372016Revenue 2017: $1,070,450Expenses 2017: $1,315,079Net Income 2017: -$244,6292017Revenue 2019: $1,056,553Expenses 2019: $848,457Net Income 2019: $208,0962019Revenue 2020: $813,759Expenses 2020: $865,197Net Income 2020: -$51,4382020Revenue 2021: $676,591Expenses 2021: $774,185Net Income 2021: -$97,5942021Revenue 2022: $954,532Expenses 2022: $727,329Net Income 2022: $227,2032022Revenue 2023: $1,196,723Expenses 2023: $1,014,380Net Income 2023: $182,3432023Revenue 2024: $1,577,523Expenses 2024: $1,068,715Net Income 2024: $508,8082024Revenue 2025: $873,274Expenses 2025: $1,092,132Net Income 2025: -$218,8582025

Highlighted filing

2015

Revenue$1,841,159
Expenses$1,406,304
Net Income$434,855
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$1,980,963
Mission and Program Overview

Mission

To advocate the importance of the arts in the development of our youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,045,129$2,194,076▲ $1,148,947
Land, Buildings, and Equipment, Net$1,084,196$1,042,076▼ $42,120
Pledges and Grants Receivable$1,040,814$772,866▼ $267,948
Savings and Temporary Cash Investments$620,781$536,102▼ $84,679
Accounts Receivable-$207,926-
Cash and Non-Interest-Bearing Accounts$633,502$192,426▼ $441,076
Investments Other Securities$50,989$0▼ $50,989
Prepaid Expenses and Deferred Charges$12,238$13,320▲ $1,082
Total Assets$4,489,044$4,966,459▲ $477,415
Other Assets Total$1,395$7,667▲ $6,272
Liabilities
Deferred Revenue-$97,152-
Accounts Payable and Accrued Expenses$49,017$25,953▼ $23,064
Other Liabilities$1,395$9,195▲ $7,800
Total Liabilities$50,412$132,300▲ $81,888
Net Assets / Fund Balance
Unrestricted Net Assets$2,496,257$2,703,497▲ $207,240
Permanently Rstr Net Assets$1,658,625$1,712,567▲ $53,942
Temporarily Rstr Net Assets$283,750$418,095▲ $134,345
Total Net Assets Fund Balance$4,438,632$4,834,159▲ $395,527
Total Liabilities and Net Assets / Fund Balance$4,489,044$4,966,459▲ $477,415

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$870,655$215,741-
Other Land Buildings$1,875$4,875-
Land$125,000--
Equipment$44,546$55,834-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,628,861$59,253▲ $27,056-$1,712,567
2014$507,754$1,143,762▲ $7,109-$1,628,861
2013$60,606$442,187▲ $4,961-$507,754
2012$54,548-▲ $6,346-$60,606
2011$54,582-▲ $245-$54,548
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Paul LeopoulosExecutive DirectorFT$95,410$95,410
Nicholas LeopoulosAssistant DirectorFT$49,241$49,241

Board Members and Trustees

NameTitle
Gayla JungmeyerPresident
Dr Danny FletcherVice-president
Frank CoxDirector
Gert ClarkDirector
Joe GriffithDirector
Nancy SteenburgenDirector
Robert TrevinoDirector
Robyn HornDirector
Rusty MathisDirector
Sue GaskinDirector
Zach RileyDirector
Andrew ManatosDirector Emeritus
President Bill ClintonDirector Emeritus
Bettie Anne MahonySecretary
Caroline ElliottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,541,943
Program Service Revenue
$340,648
Investment Income
$36,444
Other Revenue
$-77,876
All Other Contributions
$1,237,877
Change in Net Assets
$434,855

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,841,159
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$100,421
Total Revenue per Audited Statements
$1,941,580
Total Revenue per Form 990
$1,841,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$832,793
Salaries, Compensation, and Employee Benefits$490,535
Grants and Similar Amounts Paid$82,976
Total Fundraising Expense$9,153
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$243,159$54,533-$297,692
Current Officers, Directors, Trustees, and Key Employees-$144,651-$144,651
Fees for Services Other$54,741$40,916-$95,657
Grants to Domestic Individuals$82,976--$82,976
All Other Expenses$53,439$20,477-$73,916
Travel$57,960$8,546-$66,506
Advertising$5,361$31,974-$37,335
Occupancy$20,583$8,576$5,146$34,305
Payroll Taxes$18,784$14,745-$33,529
Depreciation Depletion$16,028$6,678$4,007$26,713
Other Expenses$18,363$3,647-$22,010
Other Employee Benefits$3,988$10,675-$14,663
Insurance$3,017$7,792-$10,809
Fees for Service Investment Mgmnt Fees-$4,667-$4,667
Total Functional Expenses$993,771$403,380$9,153$1,406,304

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,546,053
Expenses per Audited Statements$1,406,304
Total Expenses per Form 990$1,406,304
Expenses Not Reported on Form 990$139,749
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$90,507
Fundraising Gross Income$36,142
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraiser$304,066-$51,171-
GOVERNOR'S CULINARY CHALLENGE$36,000$36,000$7,200$28,800
Total Events$340,066$36,000$90,507$-54,507
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Insurance Proceeds$7,800
Lease Deposits$1,395
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The executive director of thea foundation (paul leopoulos) is the father of the assistant director of thea foundation (nicholas leopoulos).”

Form 990, Part VI, Section B, Line 11

“Mailed a copy to each board member.”

Form 990, Part VI, Section B, Line 12C

“Thea foundation's bylaws require directors to diclose material facts to the board of directors regarding any actual or potential conflict of interest wihtin a reasonable time after the director becomes aware that a conflict exists, and before any vote is taken on a matter which could be affected by the director's opinions or statements on the issue subject to vote. Moreoever, a director is not allowed to vote on any transaction that may give rise to an actual/potential conflict of interest.”

Form 990, Part VI, Section B, Line 15

“Proposed compensation is compared to similar nonprofit executive directors around the nation with similar years of service and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Thea Foundation
EIN
52-2356755
Phone
5013793512
Address
401 MAIN ST NO 100, NORTH LITTLE ROCK, AR 72114

Signing Officer

Name
Paul Leopoulos
Title
Executive Director
Phone
5013799512
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Leopoulos
Formed
2001
Legal Domicile
Ar
Voting Board Members
13
Independent Board Members
13
Employees
10
Volunteers
59

Preparer

Firm
Egp Pllc
Address
611 MAIN STREET, NORTH LITTLE ROCK, AR 72114-5395
Preparer
Jeff Crone CPA
Phone
5013742910
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Process has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“The sole intended use of the endowment funds is to provide scholarships for students”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses netted against fundraising income 90,507. Rental expenses netted against rental income 49,297. Penalties and interest refund -56.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses netted against fundraising income 90,507. Rental expenses netted against rental income 49,297. Penalties and interest refund -55.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASSISTANT DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0304066
IRS990/FundraisingDirectExpensesAmt090507
IRS990/FundraisingGrossIncomeAmt036142
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt082976
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt082976
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01980963
IRS990/GrossRentsGrp/RealAmt020090
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07792
IRS990/InsuranceGrp/ProgramServicesAmt03017
IRS990/InsuranceGrp/TotalAmt010809
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036444
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt036444
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt050989
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01045129
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02194076
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0276450
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01084196
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01042076
IRS990/LandBldgEquipCostOrOtherBssAmt01318526
IRS990/LegalDomicileStateCd0AR
IRS990/LessRentalExpensesGrp/RealAmt049297
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04438632
IRS990/NetAssetsOrFundBalancesEOYAmt04834159
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-54365
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-54365
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-29207
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-29207
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-39327
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt05146
IRS990/OccupancyGrp/ManagementAndGeneralAmt08576
IRS990/OccupancyGrp/ProgramServicesAmt020583
IRS990/OccupancyGrp/TotalAmt034305
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01395
IRS990/OtherAssetsTotalGrp/EOYAmt07667
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010675
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03988
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014663
IRS990/OtherExpensesGrp/Desc0OUTSIDE CONTRACT EXPENS
IRS990/OtherExpensesGrp/Desc1VENUES
IRS990/OtherExpensesGrp/Desc2A+ ARTS SUPPORT
IRS990/OtherExpensesGrp/Desc3OFFICE SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026074
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113700
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33647
IRS990/OtherExpensesGrp/ProgramServicesAmt0178174
IRS990/OtherExpensesGrp/ProgramServicesAmt1138984
IRS990/OtherExpensesGrp/ProgramServicesAmt298214
IRS990/OtherExpensesGrp/ProgramServicesAmt318363
IRS990/OtherExpensesGrp/TotalAmt0204248
IRS990/OtherExpensesGrp/TotalAmt1152684
IRS990/OtherExpensesGrp/TotalAmt2103943
IRS990/OtherExpensesGrp/TotalAmt322010
IRS990/OtherLiabilitiesGrp/BOYAmt01395
IRS990/OtherLiabilitiesGrp/EOYAmt09195
IRS990/OtherRevenueMiscGrp/BusinessCd0711300
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05696
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05696
IRS990/OtherRevenueTotalAmt05696
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054533
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0243159
IRS990/OtherSalariesAndWagesGrp/TotalAmt0297692
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014745
IRS990/PayrollTaxesGrp/ProgramServicesAmt018784
IRS990/PayrollTaxesGrp/TotalAmt033529
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01658625
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01712567
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01040814
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0772866
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012238
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013320
IRS990/PrincipalOfficerNm0PAUL LEOPOULOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0ARKANSAS A+
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0340648
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0340648
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION AWARDS SCHOLARSHIPS TO HIGH SCHOOL SENIORS ACROSS THE STATE OF ARKANSAS. SCHOLARSHIP CATEGORIES INCLUDE VISUAL ART, PERFORMING ARTS, CREATIVE WRITING, FILMMAKING, AND POETRY SLAM. THE MOTIVATION BEHIND THE SCHOLARSHIP PROGRAM IS TO REWARD HARDWORKING STUDENTS AND TO INSPIRE THEM TO BE CONFIDENT AND AMBITIOUS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt086888
IRS990/ProgSrvcAccomActy2Grp/GrantAmt082976
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ARKANSAS A+ SCHOOLS PROGRAM DEVELOPS AND IMPLEMENTS AN INTERDISCIPLINARY MODEL OF ART INSTRUCTION DESIGNED TO INCORPORATE ART EDUCATION INTO ARKANSAS' STATE MANDATED CURRICULUM. THE PRINCIPLES-BASED PROGRAM OFFERS TRAINING TO SCHOOL FACULTY AND STAFF, AND ENCOMPASSES BOTH DOCTRINAL DEVELOPMENT AND METHODS APPLICATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0734254
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0340648
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VARIOUS OTHER PROGRAM SERVICES - ART CLOSET, ART ACROSS ARKANSAS, ART DEPARTMENT, RETREATS, AND THEA PAVES THE WAY
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0158689
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt05696
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01354341
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt078209
IRS990/PYInvestmentIncomeAmt014797
IRS990/PYOtherExpensesAmt0737134
IRS990/PYOtherRevenueAmt0147880
IRS990/PYProgramServiceRevenueAmt01155792
IRS990/PYRevenuesLessExpensesAmt01399637
IRS990/PYSalariesCompEmpBnftPaidAmt0457830
IRS990/PYTotalExpensesAmt01273173
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02672810
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0434855
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-29207
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0620781
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0536102
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01924429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02733461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01583308
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01047953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0637643
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07926794
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt056534
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037337
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044041
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-4284
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02003
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0135631
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98320
IRS990ScheduleA/PublicSupportPY170Pct00.98840
IRS990ScheduleA/PublicSupportTotal170Amt07926794
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01924429
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02733461
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01583308
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01047953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0637643
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07926794
IRS990ScheduleA/TotalSupportAmt08062425
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0870655
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0215741
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01086396
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt02603

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,966,459
Liabilities
$132,300
Net assets
$4,834,159
Revenue
$1,841,159
Expenses
$1,406,304
Net income
$434,855
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$0.36$5.81$0.87$1.09$0.22
2024Detailed filing. Detailed filing data is available for this year.$6.18$0.43$5.76$1.58$1.07$0.51
2023Detailed filing. Detailed filing data is available for this year.$5.76$0.40$5.37$1.20$1.01$0.18
2022Detailed filing. Detailed filing data is available for this year.$5.51$0.06$5.45$0.95$0.73$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$0.04$5.67$0.68$0.77$0.10
2020Detailed filing. Detailed filing data is available for this year.$5.18$0.11$5.07$0.81$0.87$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.38$0.06$5.32$1.06$0.85$0.21
2017Detailed filing. Detailed filing data is available for this year.$5.00$0.09$4.90$1.07$1.32$0.24
2016Detailed filing. Detailed filing data is available for this year.$5.20$0.13$5.07$1.52$1.38$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.97$0.13$4.83$1.84$1.41$0.43
2014Detailed filing. Detailed filing data is available for this year.$4.49$0.05$4.44$2.67$1.27$1.40
2013Detailed filing. Detailed filing data is available for this year.$3.07$0.03$3.04$1.54$0.96$0.58
2012Summary only. Only limited summary data is available for this year.$2.44$0.01$2.42$1.28$0.81$0.46
2011Summary only. Only limited summary data is available for this year.$1.93$0.01$1.92$0.70$0.65$0.05
2010Summary only. Only limited summary data is available for this year.$1.88$0.01$1.87$0.75$0.44$0.31