Faulkner County Leadership Institute Inc
- Assets
- $50.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Conway, AR
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 20-4110151
Organization Overview
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 12/2023, Faulkner County Leadership Institute Inc generated $125.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $122.3k during the year ending 12/2023. While expenses have increased by 6.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING LEADERSHIP TRAINING IN FAULKNER COUNTY, ARKANSAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Gainor Chairman | 5 | $0 | |
Cate Ketcheside-Mcconell Past Chair | 5 | $0 | |
Korry Garrett Vice Chair | 5 | $0 | |
Brad Lacy Secretary | 5 | $0 | |
Matt Troup Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $81,455 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,505 |
| 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 | $60,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,524 |
| Total expenses | $122,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,965 |
| Other assets | $0 |
| Total assets | $49,965 |
| Total liabilities | $1,431 |
| Net assets or fund balances | $48,534 |