Civic Intelligence

Arkansas Ecomonic Acceleration Foundation

990 • Fiscal year 2023 • EIN 71-0819945

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

200 River Market Avenue Suite 400Little Rock, AR 72201

(501) 374-9247

Siviq Scores

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

Liabilities / Assets

78th percentile

0.08x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$344,321

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 70.4% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

78th percentile

29%

Faster asset growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

124%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$65,710

Up $14,579 (+29%) from 2022

Net Assets

Up

$60,664

Up $68,549 (+869%) from 2022

Liabilities

Down

$5,046

Down $53,970 (-91%) from 2022

Revenue

Up

$489,412

Up $270,836 (+124%) from 2022

Expenses

Up

$420,863

Up $49,613 (+13%) from 2022

Net Income

Up

$68,549

Up $221,223 (+145%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,002,832Liabilities 2010: $99,343Net Assets 2010: $903,4892010Assets 2011: $337,292Liabilities 2011: $13,750Net Assets 2011: $323,5422011Assets 2012: $3,589,585Liabilities 2012: $3,324,226Net Assets 2012: $265,3592012Assets 2013: $2,965,021Liabilities 2013: $2,826,413Net Assets 2013: $138,6082013Assets 2014: $2,234,416Liabilities 2014: $2,105,424Net Assets 2014: $128,9922014Assets 2015: $1,274,316Liabilities 2015: $1,227,319Net Assets 2015: $46,9972015Assets 2016: $700,017Liabilities 2016: $693,738Net Assets 2016: $6,2792016Assets 2017: $128,110Liabilities 2017: $70,784Net Assets 2017: $57,3262017Assets 2018: $111,951Liabilities 2018: $60,594Net Assets 2018: $51,3572018Assets 2019: $16,292Liabilities 2019: $0Net Assets 2019: $16,2922019Assets 2020: $126,208Liabilities 2020: $106Net Assets 2020: $126,1022020Assets 2021: $146,630Liabilities 2021: $1,841Net Assets 2021: $144,7892021Assets 2022: $51,131Liabilities 2022: $59,016Net Assets 2022: -$7,8852022Assets 2023: $65,710Liabilities 2023: $5,046Net Assets 2023: $60,6642023Assets 2024: $94,070Liabilities 2024: $638Net Assets 2024: $93,4322024

Highlighted filing

2023

Assets$65,710
Liabilities$5,046
Net Assets$60,664

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2010: $1,294,904Expenses 2010: $1,194,542Net Income 2010: $100,3622010Revenue 2011: $426,839Expenses 2011: $1,006,786Net Income 2011: -$579,9472011Revenue 2012: $973,442Expenses 2012: $1,031,625Net Income 2012: -$58,1832012Revenue 2013: $761,079Expenses 2013: $887,830Net Income 2013: -$126,7512013Revenue 2014: $921,655Expenses 2014: $931,271Net Income 2014: -$9,6162014Revenue 2015: $981,078Expenses 2015: $1,063,073Net Income 2015: -$81,9952015Revenue 2016: $1,001,246Expenses 2016: $1,041,964Net Income 2016: -$40,7182016Revenue 2017: $795,294Expenses 2017: $744,247Net Income 2017: $51,0472017Revenue 2018: $309,235Expenses 2018: $315,204Net Income 2018: -$5,9692018Revenue 2019: $264,858Expenses 2019: $299,923Net Income 2019: -$35,0652019Revenue 2020: $389,541Expenses 2020: $279,731Net Income 2020: $109,8102020Revenue 2021: $296,157Expenses 2021: $277,470Net Income 2021: $18,6872021Revenue 2022: $218,576Expenses 2022: $371,250Net Income 2022: -$152,6742022Revenue 2023: $489,412Expenses 2023: $420,863Net Income 2023: $68,5492023Revenue 2024: $594,968Expenses 2024: $562,200Net Income 2024: $32,7682024

Highlighted filing

2023

Revenue$489,412
Expenses$420,863
Net Income$68,549
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$489,412
Mission and Program Overview

Mission

The organization attempts to support and expand entrepreneurship in arkansas through educational activities, such as business plan competitions, with the goal of fostering business development and creating jobs.

To promote educational activities which foster entrepreneurial development in arkansas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,781$49,597▲ $1,816
Prepaid Expenses and Deferred Charges$3,250$16,113▲ $12,863
Accounts Receivable$100--
Total Assets$51,131$65,710▲ $14,579
Liabilities
Accounts Payable and Accrued Expenses$59,016$5,046▼ $53,970
Total Liabilities$59,016$5,046▼ $53,970
Net Assets / Fund Balance
Net Assets With Donor Restrictions$23,344$92,955▲ $69,611
Net Assets Without Donor Restrictions$-31,229$-32,291▼ $1,062
Total Net Assets Fund Balance$-7,885$60,664▲ $68,549
Total Liabilities and Net Assets / Fund Balance$51,131$65,710▲ $14,579
Compensation and Service Providers

Employees

NameTitleOtherTotal
Drew SpeedCFO$139,769$139,769
Marie BrunoSecretary$84,681$84,681
Tiffany HenrySecretary$42,152$42,152

Board Members and Trustees

NameTitle
Sam Walls IiiPresident
Leslie LaneVice President
Kathleen LawsonDirector
Rebecca ToddDirector
Rush DeaconTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$489,412
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$309,200
Change in Net Assets
$68,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$489,412
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$489,412
Total Revenue per Form 990
$489,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,644
Salaries, Compensation, and Employee Benefits$139,394
Grants and Similar Amounts Paid$121,825
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$121,825--$121,825
Other Salaries and Wages$80,825$33,014-$113,839
Conferences and Meetings$81,207$3,794-$85,001
Travel$11,395$9,957-$21,352
Advertising$7,720$9,702-$17,422
Fees for Services Other$10,100--$10,100
Fees for Services Accounting-$9,718-$9,718
Office Expenses$3,794$5,615-$9,409
Pension Plan Contributions$6,154$2,514-$8,668
Other Employee Benefits$6,029$2,462-$8,491
Payroll Taxes$5,961$2,435-$8,396
Information Technology$1,582$5,060-$6,642
Total Functional Expenses$336,592$84,271$0$420,863

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$420,863
Total Expenses per Audited Statements$420,863
Total Expenses per Form 990$420,863
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
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
No
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

This form is reviewed by one of the officers of the company and acc's cfo prior to filing.

Form 990, Part VI, Section C, Line 19

Form 990 is available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Arkansas Economic Acceleration
EIN
71-0819945
Phone
5013749247
Address
200 RIVER MARKET AVENUE SUITE 400, LITTLE ROCK, AR 72201

Signing Officer

Name
Sam Walls Iii
Title
President
Phone
5013749247
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Walls Iii
Formed
1999
Legal Domicile
Ar
Voting Board Members
5
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Hcj Cpas & Advisors Pllc
Address
11025 ANDERSON DRIVE SUITE 300, LITTLE ROCK, AR 72212-2472
Preparer
Nicole Hobbs
Phone
5012211000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The organization hosted and organized the edge summit, a conference for higher education faculty to learn entrepreneurship pedagogical best practices and share resources and tools to develop entrepreneurial students.

Financial Statement Notes

PART X, LINE 2:

The foundation recognizes accrued interest and penalties, if any, associated with uncertain tax positions as part of their income tax provisions. The past three years of returns are subject to potential examination by taxing authorities.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/MissionDesc0THE ORGANIZATION PROMOTES EDUCATIONAL ACTIVITIES WHICH FOSTER ENTREPRENEURIAL DEVELOPMENT IN ARKANSAS WITH THE GOAL OF INCREASING BUSINESS STARTUP CREATION AND LEADERSHIP DEVELOPMENT.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION HOSTED AND ORGANIZED THE EDGE SUMMIT, A CONFERENCE FOR HIGHER EDUCATION FACULTY TO LEARN ENTREPRENEURSHIP PEDAGOGICAL BEST PRACTICES AND SHARE RESOURCES AND TOOLS TO DEVELOP ENTREPRENEURIAL STUDENTS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MANAGEMENT FEE - 2020 AMOUNT: $ 8,000. OTHER INCOME - 2020 AMOUNT: $ 4,421.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0288020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0376960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0264550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01629442
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0160
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0308
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0681
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012421
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012421
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61990
IRS990ScheduleA/PublicSupportPY170Pct00.58640
IRS990ScheduleA/PublicSupportTotal170Amt01018187
IRS990ScheduleA/SubstantialContributorsTotAmt0611255
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0489412
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0210500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0288020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0376960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0264550
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01629442
IRS990ScheduleA/TotalSupportAmt01642544
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0420863
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0489412
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECOGNIZES ACCRUED INTEREST AND PENALTIES, IF ANY, ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THEIR INCOME TAX PROVISIONS. THE PAST THREE YEARS OF RETURNS ARE SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0420863
IRS990ScheduleD/TotalRevenuePerForm990Amt0489412
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0489412
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0420863
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0114000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt17825
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GOVERNOR'S CUP AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1YES FOR ARKANSAS AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt038
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt148
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt060000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt172000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0237627
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1193744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2158384
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt030510
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt126816
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt216005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016184
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt15633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt211711
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SAM WALLS III
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LESLIE LANE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2RUSH DEACON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0344321
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1298193
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2236100
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS OF ARKANSAS ECONOMIC ACCELERATION FOUNDATION ARE PAID BY ARKANSAS CAPITAL CORPORATION (ACC). COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE. TO DETERMINE COMPENSATION, THE COMPENSATION COMMITTEE UTILIZES OUTSIDE ASSISTANCE FROM THE JOHNSON GROUP, AN INDEPENDENT, PROFESSIONAL COMPANY THAT SPECIALIZES IN COMPENSATION SURVEYS AND RECOMMENDATIONS FOR AMERICAN COMPANIES. THE COMPENSATION ACTUALLY PAID TO OFFICERS AND KEY EMPLOYEES IS WITHIN THE GUIDELINES RECOMMENDED BY THE OUTSIDE CONSULTANT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOSTED AND ORGANIZED THE EDGE SUMMIT, A CONFERENCE FOR HIGHER EDUCATION FACULTY TO LEARN ENTREPRENEURSHIP PEDAGOGICAL BEST PRACTICES AND SHARE RESOURCES AND TOOLS TO DEVELOP ENTREPRENEURIAL STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS FORM IS REVIEWED BY ONE OF THE OFFICERS OF THE COMPANY AND ACC'S CFO PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARKANSAS CAPITAL CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0710312420
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LENDING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0200 RIVER MARKET AVE SUITE 400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LITTLE ROCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd072201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.59$0.56$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.49$0.42$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.06$0.01$0.22$0.37$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.14$0.30$0.28$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.39$0.28$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.26$0.30$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.06$0.05$0.31$0.32$0.01
2017Summary only. Only limited summary data is available for this year.$0.13$0.07$0.06$0.80$0.74$0.05
2016Summary only. Only limited summary data is available for this year.$0.70$0.69$0.01$1.00$1.04$0.04
2015Summary only. Only limited summary data is available for this year.$1.27$1.23$0.05$0.98$1.06$0.08
2014Summary only. Only limited summary data is available for this year.$2.23$2.11$0.13$0.92$0.93$0.01
2013Summary only. Only limited summary data is available for this year.$2.97$2.83$0.14$0.76$0.89$0.13
2012Summary only. Only limited summary data is available for this year.$3.59$3.32$0.27$0.97$1.03$0.06
2011Summary only. Only limited summary data is available for this year.$0.34$0.01$0.32$0.43$1.01$0.58
2010Summary only. Only limited summary data is available for this year.$1.00$0.10$0.90$1.29$1.19$0.10