The Arkansas Single Parent Scholarship Fund

Organization Overview

The Arkansas Single Parent Scholarship Fund is located in Springdale, AR. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Arkansas Single Parent Scholarship Fund employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Single Parent Scholarship Fund 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, Arkansas Single Parent Scholarship Fund generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Arkansas Single Parent Scholarship Fund has awarded 57 individual grants totaling $1,375,343. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF ARKANSAS SINGLE PARENT SCHOLARSHIP FUND IS TO ENABLE SINGLE PARENTS TO OBTAIN SELF-SUFFICIENCY THROUGH POST SECONDARY EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ARKANSAS SINGLE PARENT SCHOLARSHIP FUND ASSISTS LOW INCOME SINGLE PARENTSMOVE FROM A LIFE OF DEPENDENCY-DEPENDENT ON TAX-FUNDED STATE AND FEDERALASSISTANCE PROGRAMS AND LOCAL SOCIAL SERVICES - TO ONE OF SELF-SUFFICIENCYAS THEY BECOME TAX-PAYING PROFESSIONALS PROUDLY SUPPORTING THEIR FAMILIESON THEIR OWN. WE ACCOMPLISH THIS BY ASSISTING SINGLE PARENTS TO COMPLETETHEIR TWO OR FOUR-YEAR COLLEGE DEGREES OR PROFESSIONAL CERTIFICATES,OPENING DOORS TO NEW EMPLOYMENT AT WAGES ABOVE THE POVERTY LEVEL.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Ruthanne Hill
Executive Director
$110,426
Tony Thomas
President
$0
Mike Weaver
Treasurer
$0
Sunshine Bartlett
Secretary
$0
Betsy Baker
Vice President
$0
Dr Charles Donaldson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,421
Government grants $566,200
All other contributions, gifts, grants, and similar amounts not included above$6,702,359
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,272,980
Total Program Service Revenue$0
Investment income $68,861
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $191,390
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,533,231

Grants Awarded

Over the last fiscal year, The Arkansas Single Parent Scholarship Fund has awarded $33,559 in support to 6 organizations.

Grant RecipientAmount

SPSF OF NORTHWEST ARKANSAS

Org PageRecipient Profile

Bentonville, AR

PURPOSE: FUND GRANTS PAID TO SINGLE PARENT RECIPIENTS

$21,304

WHITE COUNTY SPSF

Org PageRecipient Profile

Searcy, AR

PURPOSE: FUND GRANTS PAID TO SINGLE PARENT RECIPIENTS

$5,036

JEFFERSON COUNTY SPSF

PURPOSE: FUND GRANTS PAID TO SINGLE PARENT RECIPIENTS

$3,949

MARION COUNTY SPSF

Org PageRecipient Profile

Yellville, AR

PURPOSE: FUND GRANTS PAID TO SINGLE PARENT RECIPIENTS

$2,138

CHICOT COUNTY SPSF

Org PageRecipient Profile

Dermott, AR

PURPOSE: FUND GRANTS PAID TO SINGLE PARENT RECIPIENTS

$742

SEVIER COUNTY SPSF

PURPOSE: FUND GRANTS PAID TO SINGLE PARENT RECIPIENTS

$390
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that The Arkansas Single Parent Scholarship Fund has recieved totaling $2,073,662.

Awarding OrganizationAmount
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: GENERAL OPERATING SUPPORT

$1,936,604
Fund For Southern Communities Inc

Decatur, GA

PURPOSE: BLACK GIRL DREAM FUND

$47,400
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: GENERAL OPERATING SUPPORT - MATCHING GRANT

$25,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: TO ENDOW THE CROSS COUNTY SINGLE PARENT SCHOLARSHIP PROJECT

$17,587
Schmieding Foundation Term

Springdale, AR

PURPOSE: VARIOUS

$10,800
Arnold Rogers & Smith Family Foundation

North Little Rock, AR

PURPOSE: EDUCATION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,875,269
Earnings$652,059
Net Contributions$126,056
Other Expense$249,652
Ending Balance$4,403,732

Create an account to unlock the data you need.

or