Civic Intelligence

Economics Arkansas Foundation

990 • Fiscal year 2024 • EIN 81-2176432

Jun 01, 2023 to May 31, 2024 • Filed on Jan 15, 2025

1400 West Markham Street 408Little Rock, AR 72201

(501) 682-4230

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$142,175

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 64.4% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-3.3%

Faster revenue growth than 30% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,856,916

Up $482,400 (+14%) from 2023

Net Assets

Up

$3,839,292

Up $516,796 (+16%) from 2023

Liabilities

Down

$17,624

Down $34,396 (-66%) from 2023

Revenue

Down

$220,831

Down $7,489 (-3.3%) from 2023

Expenses

Up

$194,687

Up $45,042 (+30%) from 2023

Net Income

Down

$26,144

Down $52,531 (-67%) from 2023

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $2,102,168Liabilities 2017: $44,933Net Assets 2017: $2,057,2352017Assets 2018: $2,357,329Liabilities 2018: $17,826Net Assets 2018: $2,339,5032018Assets 2019: $2,344,089Liabilities 2019: $17,899Net Assets 2019: $2,326,1902019Assets 2020: $2,469,894Liabilities 2020: $11,970Net Assets 2020: $2,457,9242020Assets 2021: $3,066,553Liabilities 2021: $27,910Net Assets 2021: $3,038,6432021Assets 2022: $3,314,159Liabilities 2022: $39,645Net Assets 2022: $3,274,5142022Assets 2023: $3,374,516Liabilities 2023: $52,020Net Assets 2023: $3,322,4962023Assets 2024: $3,856,916Liabilities 2024: $17,624Net Assets 2024: $3,839,2922024Assets 2025: $4,327,169Liabilities 2025: $29,428Net Assets 2025: $4,297,7412025

Highlighted filing

2024

Assets$3,856,916
Liabilities$17,624
Net Assets$3,839,292

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $2,023,892Expenses 2017: $47,910Net Income 2017: $1,975,9822017Revenue 2018: $57,000Expenses 2018: $131,211Net Income 2018: -$74,2112018Revenue 2019: $77,378Expenses 2019: $137,982Net Income 2019: -$60,6042019Revenue 2020: $100,708Expenses 2020: $122,022Net Income 2020: -$21,3142020Revenue 2021: $179,017Expenses 2021: $157,766Net Income 2021: $21,2512021Revenue 2022: $590,051Expenses 2022: $163,683Net Income 2022: $426,3682022Revenue 2023: $228,320Expenses 2023: $149,645Net Income 2023: $78,6752023Revenue 2024: $220,831Expenses 2024: $194,687Net Income 2024: $26,1442024Revenue 2025: $202,289Expenses 2025: $29,428Net Income 2025: $172,8612025

Highlighted filing

2024

Revenue$220,831
Expenses$194,687
Net Income$26,144
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$220,831
Mission and Program Overview

Mission

See schedule o.to assist, promote and facilitate, directly and indirectly, the arkansas council on economic education (dba economics arkansas) in the attainment of its goals and objectives in facilitating exposure to economic and financial education for primary and secondary level students and to support and expand its operation.

To assist, promote and facilitate, directly and indirectly, the arkansas council on economic education (dba economics arkansas) in the attainment of its goals and objectives in facilitating exposure to economic and financial education for primary and secondary level students and to support and expand its operation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,065,409$3,784,443▲ $719,034
Cash and Non-Interest-Bearing Accounts$304,786$69,473▼ $235,313
Pledges and Grants Receivable$4,300$3,000▼ $1,300
Accounts Receivable$21$0▼ $21
Total Assets$3,374,516$3,856,916▲ $482,400
Liabilities
Other Liabilities$52,020$17,624▼ $34,396
Total Liabilities$52,020$17,624▼ $34,396
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,728,045$3,381,365▲ $653,320
Net Assets Without Donor Restrictions$594,451$457,927▼ $136,524
Total Net Assets Fund Balance$3,322,496$3,839,292▲ $516,796
Total Liabilities and Net Assets / Fund Balance$3,374,516$3,856,916▲ $482,400

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,787,811$125,178▲ $522,946-$3,406,002
2022$2,687,884$148,715▲ $42,885-$2,787,811
2021$2,760,011$181,337▼ $137,391-$2,687,884
2020$2,242,933$115,097▲ $525,876-$2,760,011
2019$2,094,319$32,787▲ $175,274-$2,242,933
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen LawsonExecutive DirectorPT$9,373$132,802$142,175

Board Members and Trustees

NameTitle
Perry WilsonPresident
Rep Jim WootenVice President
Clay Young IvMember
Dr Chris NailMember
Robyn BreshearsMember
William RockefellerMember
Allison RichardsonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$125,286
Program Service Revenue
$0
Investment Income
$95,545
Other Revenue
$0
All Other Contributions
$125,286
Change in Net Assets
$26,144

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$60,434Fair Market Value (FMV)
Total Noncash Contributions2$60,434-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$145,419
Other Expenses$32,739
Salaries, Compensation, and Employee Benefits$16,529
Total Fundraising Expense$376
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$145,419--$145,419
Fees for Services Other-$14,669-$14,669
Current Officers, Directors, Trustees, and Key Employees-$14,167-$14,167
Fees for Service Investment Mgmnt Fees-$9,163-$9,163
Fees for Services Accounting-$2,846-$2,846
Insurance-$1,732-$1,732
Travel-$1,188-$1,188
Office Expenses-$1,113-$1,113
Payroll Taxes-$1,050-$1,050
Other Employee Benefits-$872-$872
Occupancy-$770-$770
Other Expenses-$676-$676
Advertising--$376$376
Pension Plan Contributions-$227-$227
Other Salaries and Wages-$213-$213
Depreciation Depletion-$161-$161
Information Technology-$45-$45
Total Functional Expenses$145,419$48,892$376$194,687
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arkansas Council on Economic EducationLittle Rock, AR501(c)3To Increase the Economic Literacy of Prek-12th Grade Students in Arkansas.$145,419
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Economics Arkansas$17,624
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Complete meeting minutes are documented by the board. All actions taken by any sub-committees are communicated to the full governing body at the appropriate time.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the administrative manager, the executive director, and the board treasurer before it is provided to the remainder of the board for review and approval.

Form 990, Part VI, Section C, Line 19

The 990 and other organizational documents are available upon request at the organization's office located at the address listed on the bottom of page 6. The 990 is also available online at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Economics Arkansas Foundation
EIN
81-2176432
Phone
5016824230
Address
1400 WEST MARKHAM STREET 408, LITTLE ROCK, AR 72201

Signing Officer

Name
Perry Wilson
Title
President
Phone
5016824230
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Perry Wilson
Formed
2016
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Landmark Plc Cpas
Address
200 W CAPITOL AVE SUITE 1700, LITTLE ROCK, AR 72201
Preparer
Randy L Milligan CPA
Phone
5013752025
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The foundation will use funds to support the programs and operations of the arkansas council on economic education (dba economics arkansas).

PART X, LINE 2:

The arkansas council on economic education (dba economics arkansas) and the economics arkansas foundation (the organizations) are tax exempt organizations under section 501(c)(3) of the internal revenue code (the code) and are not private foundations within the meaning of section 509(a) of the code. Accounting standards require the organizations to evaluate tax positions and recognize a tax liability (or asset) if the organizations have taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. The organizations have analyzed their tax positions taken and have concluded that as of may 31, 2024, there are no uncertain positions taken or expected to be taken that would require the recognition of a liability (or asset) or disclosure in the consolidated financial statements. The organizations may be subject to audit by the internal revenue service; however, there are currently no audits for any tax periods in progress.

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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION'S PRIMARY PURPOSE IS TO ASSIST, PROMOTE AND FACILITATE DIRECTLY AND INDIRECTLY, THE ARKANSAS COUNCIL ON ECONOMIC EDUCATION (DBA ECONOMICS ARKANSAS) IN THE ATTAINMENT OF ITS GOALS AND OBJECTIVES OF PROVIDING PRE K-12 EDUCATORS WITH THE TOOLS AND RESOURCES TO INTEGRATE ECONOMIC EDUCATION INTO THE CLASSROOM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0716058254
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0145419
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ARKANSAS COUNCIL ON ECONOMIC EDUCATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0145419
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/CYEndwmtFundGrp/AdministrativeExpensesAmt029933
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02787811
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0125178
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03406002
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0522946
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt091673
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02687884
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0148715
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02787811
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt042885
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0116073
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02760011
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0181337
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02687884
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-137391
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0123895
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02242933
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0115097
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02760011
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0525876
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt059447
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02094319
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt032787
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02242933
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0175274
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017624
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ECONOMICS ARKANSAS
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.58720
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION WILL USE FUNDS TO SUPPORT THE PROGRAMS AND OPERATIONS OF THE ARKANSAS COUNCIL ON ECONOMIC EDUCATION (DBA ECONOMICS ARKANSAS).
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ARKANSAS COUNCIL ON ECONOMIC EDUCATION (DBA ECONOMICS ARKANSAS) AND THE ECONOMICS ARKANSAS FOUNDATION (THE ORGANIZATIONS) ARE TAX EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND ARE NOT PRIVATE FOUNDATIONS WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. ACCOUNTING STANDARDS REQUIRE THE ORGANIZATIONS TO EVALUATE TAX POSITIONS AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATIONS HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATIONS HAVE ANALYZED THEIR TAX POSITIONS TAKEN AND HAVE CONCLUDED THAT AS OF MAY 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATIONS MAY BE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.41280
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt017624
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0145419
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO INCREASE THE ECONOMIC LITERACY OF PREK-12TH GRADE STUDENTS IN ARKANSAS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ARKANSAS COUNCIL ON ECONOMIC EDUCATION
IRS990ScheduleI/RecipientTable/RecipientEIN0716058254
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 3447
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LITTLE ROCK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0722033447
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ECONOMICS ARKANSAS FOUNDATION ONLY SUPPORTS AND GRANTS ASSISTANCE TO THE PROGRAMS AND OPERATIONS OF THE ARKANSAS COUNCIL ON ECONOMIC EDUCATION (DBA ECONOMICS ARKANSAS). ALL SUPPORTING DOCUMENTATION RELATED TO ASSISTANCE GIVEN IS MAINTAINED IN THE FOUNDATION'S FILES AND REPORTED IN THEIR FINANCIAL STATEMENTS ON A CONSOLIDATED BASIS. AN INDEPENDENT AUDIT OF THESE STATEMENTS OCCURS ON AN ANNUAL BASIS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt060434
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0WHEN SHARES OF PUBLICLY TRADED SECURITIES ARE CONTRIBUTED, THE ORGANIZATION DIRECTS CONTRIBUTORS TO AN UNRELATED THIRD PARTY (BASS & BELL INC., A REGISTERED INVESTMENT ADVISOR) TO RECEIVE THE DONATION, SELL THE CONTRIBUTED PROPERTY AND TRANSFER THE CASH PROCEEDS TO THE ORGANIZATION.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 32B:
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPLETE MEETING MINUTES ARE DOCUMENTED BY THE BOARD. ALL ACTIONS TAKEN BY ANY SUB-COMMITTEES ARE COMMUNICATED TO THE FULL GOVERNING BODY AT THE APPROPRIATE TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE ADMINISTRATIVE MANAGER, THE EXECUTIVE DIRECTOR, AND THE BOARD TREASURER BEFORE IT IS PROVIDED TO THE REMAINDER OF THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 AND OTHER ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE LOCATED AT THE ADDRESS LISTED ON THE BOTTOM OF PAGE 6. THE 990 IS ALSO AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARKANSAS COUNCIL ON ECONOMIC EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0716058254
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE DESCRIPTION AT PART VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 3447
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LITTLE ROCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0722033447
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0TO EQUIP PREK-12 SCHOOLS WITH STANDARDS-BASED RESOURCES AND PROFESSIONAL DEVELOPMENT TO TEACH ECONOMICS, PERSONAL FINANCE AND THE FREE ENTERPRISE SYSTEM USING PRACTICAL, INNOVATIVE AND INSPIRATIONAL METHODS.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, COLUMN (B), PRIMARY ACTIVITY:
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0145419
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ARKANSAS COUNCIL ON ECONOMIC EDUCATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR

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