Arkansas Learns
- Assets
- $80.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 45-5627205
Organization Overview
Arkansas Learns is located in Little Rock, AR. The organization was established in 2013. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, 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. Arkansas Learns is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Arkansas Learns generated $37.1k 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 (8.4%) each year. All expenses for the organization totaled $27.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.5%) 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
2023
Describe the Organization's Program Activity:
Part 3
PUBLIC EDUCATION AND COMMUNITY SERVICE - THE ORGANIZATION IS A VOICE FOR ARKANSAS BUSINESS IN LOCAL, LEGISLATIVE, EXECUTIVE AND ADMINISTRATIVE PUBLIC SCHOOL GOVERNANCE; PRODUCES AND ENCOURAGES TALENT DEVELOPMENT, RETENTION, AND RECRUITMENT ACTIVITIES WHICH ENSURE THE WORKFORCE NECESSARY FOR ARKANSAS TO SUCCESSFULLY COMPETE IN A GLOBAL ECONOMY; AND PROMOTES LOCAL AND STATE EDUCATIONAL EXCELLENCE TO FOSTER INNOVATION AND SHARING OF BEST PRACTICES TO IMPROVE THE WELFARE OF BUSINESSES LOCATED IN THE STATE OF ARKANSAS, AND THE CITIZENS WHO ARE DEPENDENT THEREON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Walton Director, Treasurer | 0.5 | $0 | |
Claiborne Deming Director | 0.5 | $0 | |
Bill Dillard III Director, Chairman | 0.5 | $0 | |
Luke Gordy Director, Assistant Treasu | 0.5 | $0 | |
Randy Zook Director | 0.5 | $0 | |
Gary Newton Director, Secretary (ex Of | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,115 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,115 |
| 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 | $6,678 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,059 |
| Total expenses | $27,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,239 |
| Other assets | $0 |
| Total assets | $80,423 |
| Total liabilities | $18,595 |
| Net assets or fund balances | $61,828 |