Civic Intelligence

Arcs Foundation Inc

EIN 58-2004368 • 501(c)3 • Atlanta, GA

Profile

Arcs foudation advances science and technology in the united states by providing financial awards to academically outstanding u.s. Citizens studying to complete degrees in science, engineering, and medical research.

PO Box 52124Atlanta, GA 30355

www.arcsfoundation.org/ATLANTA

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-6.0%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$1,992,227

Up $224,410 (+13%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,992,227

Up $224,410 (+13%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin71st percentile

Revenue

Up

$679,725

Up $93,133 (+16%) from 2023

Expenses

Up

$503,536

Up $21,430 (+4.4%) from 2023

Net Income

Up

$176,189

Up $71,703 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $673,065Liabilities 2011: $0Net Assets 2011: $673,0652011Assets 2012: $706,995Liabilities 2012: $0Net Assets 2012: $706,9952012Assets 2013: $924,346Liabilities 2013: $0Net Assets 2013: $924,3462013Assets 2014: $1,005,296Liabilities 2014: $0Net Assets 2014: $1,005,2962014Assets 2015: $1,125,091Liabilities 2015: $0Net Assets 2015: $1,125,0912015Assets 2016: $1,204,094Liabilities 2016: $0Net Assets 2016: $1,204,0942016Assets 2017: $1,457,157Liabilities 2017: $0Net Assets 2017: $1,457,1572017Assets 2018: $1,559,485Liabilities 2018: $0Net Assets 2018: $1,559,4852018Assets 2019: $1,472,383Liabilities 2019: $0Net Assets 2019: $1,472,3832019Assets 2020: $1,439,865Liabilities 2020: $0Net Assets 2020: $1,439,8652020Assets 2021: $1,483,492Liabilities 2021: $0Net Assets 2021: $1,483,4922021Assets 2022: $1,606,770Liabilities 2022: $0Net Assets 2022: $1,606,7702022Assets 2023: $1,767,817Liabilities 2023: $0Net Assets 2023: $1,767,8172023Assets 2024: $1,992,227Liabilities 2024: $0Net Assets 2024: $1,992,2272024

Highlighted filing

2024

Assets$1,992,227
Liabilities$0
Net Assets$1,992,227
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2011: $286,8032011Expenses 2012: $315,2482012Expenses 2013: $323,4012013Revenue 2014: $421,768Expenses 2014: $340,818Net Income 2014: $80,9502014Revenue 2015: $489,307Expenses 2015: $369,512Net Income 2015: $119,7952015Revenue 2016: $456,238Expenses 2016: $391,280Net Income 2016: $64,9582016Revenue 2017: $670,731Expenses 2017: $417,668Net Income 2017: $253,0632017Revenue 2018: $542,775Expenses 2018: $440,447Net Income 2018: $102,3282018Revenue 2019: $407,109Expenses 2019: $483,729Net Income 2019: -$76,6202019Revenue 2020: $514,660Expenses 2020: $544,821Net Income 2020: -$30,1612020Revenue 2021: $454,830Expenses 2021: $416,610Net Income 2021: $38,2202021Revenue 2022: $623,784Expenses 2022: $542,647Net Income 2022: $81,1372022Revenue 2023: $586,592Expenses 2023: $482,106Net Income 2023: $104,4862023Revenue 2024: $679,725Expenses 2024: $503,536Net Income 2024: $176,1892024

Highlighted filing

2024

Revenue$679,725
Expenses$503,536
Net Income$176,189
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,992,227
Liabilities
$0
Net assets
$1,992,227
Revenue
$679,725
Expenses
$503,536
Net income
$176,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.68$0.50$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.59$0.48$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.62$0.54$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.45$0.42$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.51$0.54$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.41$0.48$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.54$0.44$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.67$0.42$0.25
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.46$0.39$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.49$0.37$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.42$0.34$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$822,558
Mission and Program Overview

Mission

Arcs foundation advances science and technology in the united states by providing financial awards to academically outstanding u.s. Citizens studying to complete degrees in science, engineering, and medical research.

Arcs foudation advances science and technology in the united states by providing financial awards to academically outstanding u.s. Citizens studying to complete degrees in science, engineering, and medical research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,262,579$1,365,500▲ $102,921
Cash and Non-Interest-Bearing Accounts$505,238$626,727▲ $121,489
Total Assets$1,767,817$1,992,227▲ $224,410
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,767,817$1,992,227▲ $224,410
Total Net Assets Fund Balance$1,767,817$1,992,227▲ $224,410
Total Liabilities and Net Assets / Fund Balance$1,767,817$1,992,227▲ $224,410
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Sara Jean BurkeImmediate Past President
Carolynn CooperPresident
Louise YeomanCo-VP University Relations
Susan HawkinsCo-VP University Relations
Ann TaylorMember
Anne GierynMember
Barbara BazzelMember
Betsy KazazianMember
Deede StephensonMember
Janis HenryMember
Joann Chesler GrossMember
Kristen GibbsMember
Laura GruberMember
Laura PeaseMember
Leslie PetterMember
Liz TroyMember
Lyn AsbilMember
Margaret TurkMember
Mary Jo PeedMember
Mary WatsonMember
Missy McclatcheyMember
Pace ParsonsMember
Pat LeakeMember
Susan HigleyMember
Tricia RosenbaumMember
Sally HinkleRecording Secretary
Caroline MoiseVP Administration
Frances SwensonVP Communications
Maureen LobbVP Education
Angelle HamiltonVP Finance/treasurer
Mary DodsonVP Fund Development
Liz Mori LauerVP Membership
Revenue and Support

Revenue Composition

Contributions and Grants
$444,248
Program Service Revenue
$163,765
Investment Income
$71,284
Other Revenue
$428
All Other Contributions
$444,248
Change in Net Assets
$176,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$367,500
Other Expenses$136,036
Total Fundraising Expense$10,147
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$367,500--$367,500
Fees for Services Accounting-$10,572-$10,572
Fees for Service Investment Mgmnt Fees-$10,359-$10,359
Other Expenses$14,954$9,925$5,799$9,925
Advertising$624-$4,348$4,972
Fees for Services Other-$4,550-$4,550
Office Expenses-$4,251-$4,251
All Other Expenses$3,903--$3,903
Insurance-$1,953-$1,953
Total Functional Expenses$451,779$41,610$10,147$503,536
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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 B, Line 11B

“The return is prepared by an independent third party and the treasurer for the filing year and the current treasurer will review. The current year treasurer will sign the return.”

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

“We have an annual requirement for all officers and committee chairs to sign a statement verifying they do not have a conflict of interest.”

Form 990, Part VI, Section C, Line 19

“Is published on the arcs national website and available to all national members, and is avialable upon request for inspection by others.”

Filing and Contact Details

Filer

Filer Name
Arcs Foundation Inc
EIN
58-2004368
Phone
4043471844
Address
PO BOX 52124, ATLANTA, GA 30355

Signing Officer

Name
Angelle Hamilton
Title
VP Finance / Treasurer
Phone
4043471844
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolynn Cooper
Formed
1990
Legal Domicile
Ga
Voting Board Members
32
Independent Board Members
32
Employees
0
Volunteers
32

Preparer

Firm
Frazier & Deeter LLC
Address
1230 PEACHTREE STREET NE SUITE 1500, ATLANTA, GA 30309
Preparer
Jason W Nelson
Phone
4042537500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has not changed any processes from the prior year.”

Raw XML AppendixShowing 400 of 562 raw XML fields

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IRS990/Desc0PROVIDED 53 SCHOLAR AWARDS TO STUDENT SCIENTISTS: UNIVERSITY OF GEORGIA, GEORGIA TECH, EMORY UNIVERSITY, AND MOREHOUSE COLLEGE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP FINANCE/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP FUND DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt8CO-VP UNIVERSITY RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt9CO-VP UNIVERSITY RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10RECORDING SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31MEMBER
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IRS990/MissionDesc0ARCS FOUDATION ADVANCES SCIENCE AND TECHNOLOGY IN THE UNITED STATES BY PROVIDING FINANCIAL AWARDS TO ACADEMICALLY OUTSTANDING U.S. CITIZENS STUDYING TO COMPLETE DEGREES IN SCIENCE, ENGINEERING, AND MEDICAL RESEARCH.
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EVENTS
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