Pulaski Academy is located in Little Rock, AR. The organization was established in 1972. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Pulaski Academy employed 304 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pulaski Academy 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 06/2021, Pulaski Academy generated $19.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $17.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PLEASE REFER TO PAGE 2, PART III FOR FULL DESCRIPTION OF MISSION STATEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPROXIMATELY 1,385 STUDENTS COMPLETED THE SCHOOL YEAR AND WERE CREDITED WITH COMPLETING THE GRADE LEVEL THEY WERE ENROLLED IN, AND APPROXIMATELY 87 WERE AWARDED A DIPLOMA FOR GRADUATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Burton Trustee | Trustee | 0 | $0 |
Jay Caldwell Chair/treasurer | OfficerTrustee | 0 | $0 |
Cade Cox Trustee | Trustee | 0 | $0 |
Scott Davis Trustee | Trustee | 0 | $0 |
Matt Edwards Trustee | Trustee | 0 | $0 |
Julie Greathouse Trustee | Trustee | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Middleton Inc Heat & Air | 6/29/22 | $463,830 |
Executive Services Inc Janitorial | 6/29/22 | $387,815 |
Complete Computing Technology Supp | 6/29/22 | $332,487 |
Capital Business Machines Copier Lease | 6/29/22 | $130,333 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,248,152 |
| Investment income | $120,294 |
| Tax Exempt Bond Proceeds | $20,120 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$16,311 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,913,950 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $408,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,040,523 |
| Pension plan accruals and contributions | $285,957 |
| Other employee benefits | $1,800,428 |
| Payroll taxes | $733,268 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,616 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,613 |
| Fees for services: Other | $129,246 |
| Advertising and promotion | $42,448 |
| Office expenses | $114,398 |
| Information technology | $114,942 |
| Royalties | $0 |
| Occupancy | $1,156,104 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $787,694 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,291,556 |
| Insurance | $146,748 |
| All other expenses | $0 |
| Total functional expenses | $17,840,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,191,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,864 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $86,130 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $5,314,769 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,029,178 |
| Total assets | $52,299,526 |
| Accounts payable and accrued expenses | $1,352,662 |
| Grants payable | $0 |
| Deferred revenue | $2,678,538 |
| Tax-exempt bond liabilities | $39,535,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $522,358 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $762,330 |
| Total liabilities | $44,850,888 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $7,448,638 |