Faulkner County Leadership Institute Inc is located in Conway, AR. The organization was established in 2006. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faulkner County Leadership Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Faulkner County Leadership Institute Inc generated $70.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $69.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING LEADERSHIP TRAINING IN FAULKNER COUNTY, ARKANSAS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brad Lacy Secretary | 5 | $0 | |
Pete Tanguay Chairman | 5 | $0 | |
Cate Ketcheside-Mcconell Vice Chair | 5 | $0 | |
Drew Gainor Treasurer | 5 | $0 | |
Patti Stobaugh Past Chair | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $28,978 |
Total Program Service Revenue | $0 |
Membership dues | $41,788 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,766 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $40,750 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $285 |
Other expenses | $28,239 |
Total expenses | $69,274 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $49,427 |
Other assets | $0 |
Total assets | $50,047 |
Total liabilities | $0 |
Net assets or fund balances | $50,047 |
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