Civic Intelligence

Fef Arkansas

EIN 92-3757306 • 501(c)3 • Little Rock, AR

Profile

Friendship education foundation artakes a whole-child approach to education. Teachers administrators counselors and support staff work together to meet the intellectual social behavioral and emotional needs of each and every child served. The aim is to ensure that students are prepared for success in college and in life.

300 S Izard StLittle Rock, AR 72201-2114

300 south izard st

Siviq Scores

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

Liabilities / Assets

88th percentile

0.57x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.57x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$101,430

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

$843,590

No earlier filing loaded for comparison.

Liabilities

$484,664

No earlier filing loaded for comparison.

Net Assets

$358,926

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue88th percentileNet Margin87th percentile

Revenue

$843,590

No earlier filing loaded for comparison.

Expenses

$484,664

No earlier filing loaded for comparison.

Net Income

$358,926

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0M$500K$0Assets 2024: $843,590Liabilities 2024: $484,664Net Assets 2024: $358,9262024

Highlighted filing

2024

Assets$843,590
Liabilities$484,664
Net Assets$358,926
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0Revenue 2024: $843,590Expenses 2024: $484,664Net Income 2024: $358,9262024

Highlighted filing

2024

Revenue$843,590
Expenses$484,664
Net Income$358,926
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$843,590
Liabilities
$484,664
Net assets
$358,926
Revenue
$843,590
Expenses
$484,664
Net income
$358,926
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.44$4.85$3.59$8.44$4.85$3.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$843,590
Mission and Program Overview

Mission

Friendship education foundation artakes a whole-child approach to education. Teachers administrators counselors and support staff work together to meet the intellectual social behavioral and emotional needs of each and every child served. The aim is to ensure that students are prepared for success in college and in life.

Friendship education foundation-ar takes a whole-child approach to education. Teachers administrators counselors and support staff work together to meet the intellectual social behavioral and emotional needs of each and every child served. The aim is to ensure that students are prepared for success in college and in life

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$843,590▲ $843,590
Savings and Temporary Cash Investments$0$0→ $0
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
Land, Buildings, and Equipment, Net$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$0$843,590▲ $843,590
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$484,664▲ $484,664
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$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$484,664▲ $484,664
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$358,926▲ $358,926
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$358,926▲ $358,926
Total Liabilities and Net Assets / Fund Balance$0$843,590▲ $843,590
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Joe Harris IIICEOFT$101,430$101,430
Phong TranCOOFT$84,200$84,200

Highest Paid Contractors

ContractorServicesLocationCompensation
Friendship Aspire ArkansasMangement Fee3911 South Hazel St, Pine Bluff, AR 71603$610,000
MarvelElaine School DistrictManagement Fee203 South Pine Street, Marvell, AR 72366$233,337
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$843,590
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$358,926
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,034
Salaries, Compensation, and Employee Benefits$185,630
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$0$0$237,750
Current Officers, Directors, Trustees, and Key Employees$0$0$0$185,630
Travel$0$0$0$30,061
Fees for Services Accounting$0$0$0$14,000
Conferences and Meetings$0$0$0$7,500
Information Technology$0$0$0$3,999
Office Expenses$0$0$0$2,656
Advertising$0$0$0$445
Fees for Service Investment Mgmnt Fees$0$0$0$200
Total Functional Expenses$0$0$0$484,664
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 8A

“Pt VI Line 8a: NO MEETINGS WERE CONDUCTED; Pt VI Line 8b: THERE ARE NO SUCH COMMITTEES; Pt VI Line 11b: NO REVIEW WAS OR WILL BE CONDUCTED”

Part VI, Line 11A

“Pt VI Line 11b: NO REVIEW WAS OR WILL BE CONDUCTED”

Filing and Contact Details

Filer

Filer Name
FEF Arkansas
EIN
92-3757306
In Care Of
% Joe Harris III
Phone
5015895670
Address
300 S IZARD ST, Little Rock, AR 72201-2114

Signing Officer

Name
Joe Harris III
Title
Director
Signed
2025-05-12

Organization Details

Principal Officer
Joe Harris III
Formed
2023
Legal Domicile
Ar
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0
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