Arkansas Public School Resource Center Inc
- Assets
- $12.0m
- Revenue
- $18.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 04/2009
- Data as of
- 06/2023
- EIN
- 26-2904183
Organization Overview
Arkansas Public School Resource Center Inc, operating under the name Arkansas Public School Resource Cen, is located in Little Rock, AR. The organization was established in 2009. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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 Public School Resource Cen 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 06/2023, Arkansas Public School Resource Cen generated $18.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $16.9m during the year ending 06/2023. While expenses have increased by 22.2% 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.
Since 2015, Arkansas Public School Resource Cen has awarded 116 individual grants totaling $20,865,751. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARTER SCHOOL PROGRAM (CSP) GRANTS: THE OBJECTIVES OF APSRC'S CSP GRANT ARE: 1) TO INCREASE THE NUMBER OF HIGH QUALITY DISTRICT CONVERSION AND OPEN ENROLLMENT CHARTER SCHOOLS WITH AN EMPHASIS ON THOSE THAT SERVE EDUCATIONALLY DISADVANTAGED STUDENTS; 2) TO IMPROVE STUDENT OUTCOMES, PARTICULARLY WHERE EDUCATIONALLY DISADVANTAGED STUDENTS ARE CONCERNED; AND 3) TO DISSEMINATE BEST PRACTICES. WITH THE CSP GRANT FUNDS, APSRC HAS AWARDED 26 OF THE 34 PROJECTED SUBGRANTS; PROVIDED ONSITE ACADEMIC SUPPORT TO SUBGRANTEES; AND DISSEMINATED BEST PRACTICES THROUGH AN ONLINE PORTAL, AT APSRC'S ANNUAL FALL CONFERENCE, AND THROUGH A SPRING CONFERENCE HOSTED IN MAY OF 2023.
VARIOUS
TEACHER AND SCHOOL LEADER GRANT (PROMOTING EDUCATOR EFFECTIVENESS IN RURAL ARKANSAS (PEER)): THE PURPOSE OF THE TSL GRANT IS TO ASSIST STATES, LOCAL EDUCATIONAL AGENCIES (LEAS), AND NONPROFIT ORGANIZATIONS TO DEVELOP, IMPLEMENT, IMPROVE, OR EXPAND COMPREHENSIVE PERFORMANCE-BASED COMPENSATION SYSTEMS (PBCS) OR HUMAN CAPITAL MANAGEMENT SYSTEMS (HCMS) FOR TEACHERS, PRINCIPALS, AND OTHER SCHOOL LEADERS (EDUCATORS). ESPECIALLY FOR EDUCATORS IN HIGH-NEED SCHOOLS WHO RAISE STUDENT GROWTH AND ACADEMIC ACHIEVEMENT AND CLOSE THE ACHIEVEMENT GAP BETWEEN HIGH AND LOW PERFORMING STUDENTS. THE APSRC TSL GRANT IS ENACTED IN PARTNERSHIP WITH THE CROWLEY'S RIDGE EDUCATION SERVICE COOPERATIVE (CRESC) THROUGH PROMOTING EDUCATOR EFFECTIVENESS IN RURAL ARKANSAS, THE PEER NETWORK.
ARKANSAS LEADERSHIP ACADEMY (ALA) GRANT: THROUGH THE STATE BOARD OF EDUCATION, THE ARKANSAS PUBLIC SCHOOL RESOURCE CENTER WAS UNANIMOUSLY APPROVED TO BE THE NEW OPERATOR FOR THE ARKANSAS LEADERSHIP ACADEMY. WHOSE VISION IS TO BE THE STATE'S PREMIER LEADERSHIP DEVELOPMENT HUB, WHERE ALL EDUCATIONAL LEADERS FIND PROFESSIONAL LEARNING PATHWAYS TO BEST MEET THEIR NEEDS WHILE DEVELOPING LEADERSHIP CAPACITY TO RESULT IN SYSTEMIC CHANGE, LEADING TO IMPROVED TEACHING AND LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Baldwin Secretary/treasurer | OfficerTrustee | 1 | $0 |
Diane Tatum Chair | OfficerTrustee | 1 | $0 |
Jim Walton Director | Trustee | 1 | $0 |
Randy Zook Director | Trustee | 1 | $0 |
Sherman Tate Director | Trustee | 1 | $0 |
Senator Jonathan Dismang Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dr Bobbie Davis Financial | 6/29/15 | $123,716 |
Barbara Cox Teaching | 6/29/15 | $116,500 |
Jane Benton Eprocurement | 6/29/15 | $115,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,234,405 |
| All other contributions, gifts, grants, and similar amounts not included above | $758,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,992,697 |
| Total Program Service Revenue | $2,378,285 |
| Investment income | $182,529 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,553,511 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,937,618 |
| 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. | $278,561 |
| Compensation of current officers, directors, key employees. | $222,849 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,431,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $462,043 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,459 |
| Fees for services: Accounting | $39,800 |
| Fees for services: Lobbying | $108,750 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,268,707 |
| Advertising and promotion | $0 |
| Office expenses | $49,910 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $401,841 |
| Travel | $137,369 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,705 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,716 |
| Insurance | $30,090 |
| All other expenses | $217,866 |
| Total functional expenses | $16,939,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,598,520 |
| Savings and temporary cash investments | $2,650,186 |
| Pledges and grants receivable | $1,286,575 |
| Accounts receivable, net | $106,076 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $75,842 |
| Net Land, buildings, and equipment | $62,037 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,239,520 |
| Total assets | $12,018,756 |
| Accounts payable and accrued expenses | $368,049 |
| Grants payable | $0 |
| Deferred revenue | $3,456,582 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,886,607 |
| Total liabilities | $5,711,238 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $6,307,518 |
| Total liabilities and net assets/fund balances | $12,018,756 |
Grants Awarded
Over the last fiscal year, Arkansas Public School Resource Center Inc has awarded $8,844,277 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CENTERPOINT SCHOOL DISTRICT PURPOSE: CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $107,281 |
FRIENDSHIP ASPIRE LITTLE ROCK PURPOSE: CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $119,119 |
FUTURE SCHOOL OF FORT SMITH PURPOSE: CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $402,754 |
LISA ACADEMY PURPOSE: CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $974,047 |
ACADEMICS PLUS CHARTER SCHOOL PURPOSE: CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $428,774 |
SOUTHSIDE SCHOOL DISTRICT PURPOSE: CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $124,414 |