Civic Intelligence

Fayetteville Creative Schools Inc.

990 • Fiscal year 2021 • EIN 71-0387317

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 27, 2021

57 Colt SquareFayetteville, AR 72703

(479) 443-3554

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

47th percentile

10%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$59,490

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

41st percentile

5.1%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

17%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$884,866

Up $42,709 (+5.1%) from 2020

Net Assets

Up

$884,866

Up $42,709 (+5.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$412,433

Up $60,311 (+17%) from 2020

Expenses

Down

$369,724

Down $170 (-0.0%) from 2020

Net Income

Up

$42,709

Up $60,481 (+340%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $897,125Liabilities 2012: $0Net Assets 2012: $897,1252012Assets 2013: $891,390Liabilities 2013: $0Net Assets 2013: $891,3902013Assets 2014: $899,056Liabilities 2014: $0Net Assets 2014: $899,0562014Assets 2015: $892,878Liabilities 2015: $0Net Assets 2015: $892,8782015Assets 2016: $886,020Liabilities 2016: $0Net Assets 2016: $886,0202016Assets 2017: $868,749Liabilities 2017: $0Net Assets 2017: $868,7492017Assets 2018: $857,427Liabilities 2018: $0Net Assets 2018: $857,4272018Assets 2019: $859,929Liabilities 2019: $0Net Assets 2019: $859,9292019Assets 2020: $842,157Liabilities 2020: $0Net Assets 2020: $842,1572020Assets 2021: $884,866Liabilities 2021: $0Net Assets 2021: $884,8662021Assets 2022: $960,288Liabilities 2022: $83,654Net Assets 2022: $876,6342022Assets 2023: $996,861Liabilities 2023: $61,274Net Assets 2023: $935,5872023Assets 2024: $899,946Liabilities 2024: $26,754Net Assets 2024: $873,1922024Assets 2025: $835,475Liabilities 2025: $43,975Net Assets 2025: $791,5002025

Highlighted filing

2021

Assets$884,866
Liabilities$0
Net Assets$884,866

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $321,129Expenses 2012: $317,191Net Income 2012: $3,9382012Revenue 2013: $315,922Expenses 2013: $321,657Net Income 2013: -$5,7352013Revenue 2014: $329,498Expenses 2014: $321,832Net Income 2014: $7,6662014Revenue 2015: $325,475Expenses 2015: $331,653Net Income 2015: -$6,1782015Revenue 2016: $350,058Expenses 2016: $356,916Net Income 2016: -$6,8582016Revenue 2017: $354,447Expenses 2017: $371,718Net Income 2017: -$17,2712017Revenue 2018: $348,054Expenses 2018: $359,376Net Income 2018: -$11,3222018Revenue 2019: $376,430Expenses 2019: $373,928Net Income 2019: $2,5022019Revenue 2020: $352,122Expenses 2020: $369,894Net Income 2020: -$17,7722020Revenue 2021: $412,433Expenses 2021: $369,724Net Income 2021: $42,7092021Revenue 2022: $493,548Expenses 2022: $471,705Net Income 2022: $21,8432022Revenue 2023: $616,935Expenses 2023: $557,982Net Income 2023: $58,9532023Revenue 2024: $460,264Expenses 2024: $522,659Net Income 2024: -$62,3952024Revenue 2025: $466,162Expenses 2025: $547,854Net Income 2025: -$81,6922025

Highlighted filing

2021

Revenue$412,433
Expenses$369,724
Net Income$42,709
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 27, 2021
Return Version
2020v4.0
Gross Receipts
$412,433
Mission and Program Overview

Mission

To be the premier provider of quality education for preschool and kindergarten age children of northwest arkansas by offering a warm, supportive atmosphere that promotes a child's social, emotional, intellectual, and developmental growth.

Fayetteville Creative Schools, Inc. provides a quality education for preschool and kindergarten age children by offering a warm, supportive atmosphere to promote a child's social, emotional, intellectual, and developmental growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$842,157$884,866▲ $42,709
Land, Buildings, and Equipment, Net$358,345$329,753▼ $28,592
Savings and Temporary Cash Investments$326,051$325,490▼ $561
Cash and Non-Interest-Bearing Accounts$157,761$229,623▲ $71,862
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$842,157$884,866▲ $42,709
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$842,157$884,866▲ $42,709
Total Liabilities and Net Assets / Fund Balance$842,157$884,866▲ $42,709

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$234,596$542,338$776,934
Equipment$20,157$78,214$98,371
Land$75,000-$75,000
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barbara CulverSchool DirectorFT$59,490$59,490

Board Members and Trustees

NameTitle
Areta MoseleyBoard of Directors
Ashley BernsteinBoard of Directors
Bo BittleBoard of Directors
Denise SoignetBoard of Directors
Erika McCourtBoard of Directors
Glenn GarrisonBoard of Directors
Harrison PittmanBoard of Directors
Katie BreshearsBoard of Directors
Matt HallBoard of Directors
Sarah ClarkBoard of Directors
Sugar BostickBoard of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$141,426
Program Service Revenue
$270,569
Investment Income
$438
Other Revenue
$0
All Other Contributions
$9,338
Change in Net Assets
$42,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$277,893
Other Expenses$91,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$190,105$0$0$190,105
Current Officers, Directors, Trustees, and Key Employees$59,475$0$0$59,475
Occupancy$39,536$0$0$39,536
Depreciation Depletion$28,592$0$0$28,592
Payroll Taxes$19,093$0$0$19,093
Office Expenses$14,146$0$0$14,146
Other Employee Benefits$9,220$0$0$9,220
Insurance$7,254$0$0$7,254
Conferences and Meetings$1,028$0$0$1,028
Information Technology$926$0$0$926
Other Expenses$349$0$0$349
Total Functional Expenses$369,724$0$0$369,724
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 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

Form 990 is reviewed by the Board of Directors of Fayetteville Creative Schools, Inc. in the monthly board meeting following the submission of the completed return to the Internal Revenue Service. All supporting financial information is reviewed and approved by the Board of Directors at the regularly scheduled meetings throughout the fiscal year.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are kept on site and are available for review by the public upon request.

Filing and Contact Details

Filer

Filer Name
Fayetteville Creative Schools Inc
EIN
71-0387317
Phone
4794433554
Address
57 Colt Square, Fayetteville, AR 72703

Signing Officer

Name
Barbara Culver
Title
CFO
Phone
4794433554
Signed
2021-09-27

Organization Details

Principal Officer
Barbara Culver
Formed
1965
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
22
Volunteers
50
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0412433
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt0926
IRS990/InformationTechnologyGrp/TotalAmt0926
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt07254
IRS990/InsuranceGrp/TotalAmt07254
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0438
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0438
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0620552
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0358345
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0329753
IRS990/LandBldgEquipCostOrOtherBssAmt0950305
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Fayetteville Creative Schools, Inc. provides a quality education for preschool and kindergarten age children by offering a warm, supportive atmosphere to promote a child's social, emotional, intellectual, and developmental growth.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0842157
IRS990/NetAssetsOrFundBalancesEOYAmt0884866
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt039536
IRS990/OccupancyGrp/TotalAmt039536
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt014146
IRS990/OfficeExpensesGrp/TotalAmt014146
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09220
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09220
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt0349
IRS990/OtherExpensesGrp/TotalAmt0349
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0190105
IRS990/OtherSalariesAndWagesGrp/TotalAmt0190105
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt019093
IRS990/PayrollTaxesGrp/TotalAmt019093
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Barbara Culver
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition/Fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0270569
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0270569
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02184
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02557
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt098102
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0347381
IRS990/PYRevenuesLessExpensesAmt0-17772
IRS990/PYSalariesCompEmpBnftPaidAmt0271792
IRS990/PYTotalExpensesAmt0369894
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0352122
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.35$0.44$7.92$4.66$5.48$0.82
2024Detailed filing. Detailed filing data is available for this year.$9.00$0.27$8.73$4.60$5.23$0.62
2023Detailed filing. Detailed filing data is available for this year.$9.97$0.61$9.36$6.17$5.58$0.59
2022Detailed filing. Detailed filing data is available for this year.$9.60$0.84$8.77$4.94$4.72$0.22
2021Detailed filing. Detailed filing data is available for this year.$8.85$0.00$8.85$4.12$3.70$0.43
2020Summary only. Only limited summary data is available for this year.$8.42$0.00$8.42$3.52$3.70$0.18
2019Summary only. Only limited summary data is available for this year.$8.60$0.00$8.60$3.76$3.74$0.03
2018Summary only. Only limited summary data is available for this year.$8.57$0.00$8.57$3.48$3.59$0.11
2017Summary only. Only limited summary data is available for this year.$8.69$0.00$8.69$3.54$3.72$0.17
2016Summary only. Only limited summary data is available for this year.$8.86$0.00$8.86$3.50$3.57$0.07
2015Summary only. Only limited summary data is available for this year.$8.93$0.00$8.93$3.25$3.32$0.06
2014Summary only. Only limited summary data is available for this year.$8.99$0.00$8.99$3.29$3.22$0.08
2013Summary only. Only limited summary data is available for this year.$8.91$0.00$8.91$3.16$3.22$0.06
2012Summary only. Only limited summary data is available for this year.$8.97$0.00$8.97$3.21$3.17$0.04
Peer Organizations

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