Arkansas Public School Resource Center Inc
- Assets
- $6.3m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 04/2009
- Data as of
- 06/2021
- 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 06/2021, Arkansas Public School Resource Cen generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $11.9m during the year ending 06/2021. While expenses have increased by 17.4% 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 Public School Resource Cen has awarded 72 individual grants totaling $7,024,021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AR READY FOR DIGITAL LEARNING GRANT. THE AR READY FOR DIGITAL LEARNING GRANT WAS USED TO PROVIDE ALL ARKANSAS STUDENTS IN GRADES K 12 WITH ACCESS TO 238 ONLINE CORE CURRICULUM COURSES. 185 ARKANSAS SCHOOL DISTRICTS USED COURSES PROVIDED BY THE AR READY FOR DIGITAL LEARNING GRANT. APPROXIMATELY 180,000 STUDENTS TOOK ONLINE COURSES THAT WERE PROVIDED BY THE GRANT.
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 20 OF THE 32 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 2021.
ERESOURCES/INNOVATION. THE ERESOURCES DIGITAL LEARNING PROGRAM PROVIDES ARKANSAS SCHOOLS ACCESS TO QUALITY, DISCOUNTED ONLINE COURSES IN ORDER TO PROVIDE ENHANCED LEARNING OPPORTUNITIES FOR THEIR STUDENTS IN GRADES K-12. THE PROGRAM OFFERS COURSE OPTIONS FROM 11 QUALITY CONTENT PROVIDERS IN THE AREAS OF CORE COURSES, ADVANCED PLACEMENT, CHARACTER EDUCATION, CAREER TECH, ELECTIVES, AND MORE. IN FY21 THE PROGRAM PROVIDED 7575 COURSES TO 2427 STUDENTS.
VARIOUS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel S Smith Executive Director | Officer | 40 | $206,000 |
Ken Rich Director Of Finance | 40 | $135,000 | |
Melody Morgan Director Of Teaching & Learning | 40 | $130,500 | |
Robert Brech Director Of Legal Services | 40 | $127,000 | |
Kendal Wells Director Of Technology | 40 | $115,360 | |
Jeana Williams Director Of Teaching & Learning | 40 | $115,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dr Bobbie Davis Financial | 6/29/15 | $123,716 |
Jane Benton Eprocurement | 6/29/15 | $115,500 |
Barbara Cox Teaching | 6/29/15 | $116,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,724,877 |
| Investment income | $4,551 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,964 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,760,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $35,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $206,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,496,427 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $489,095 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,038 |
| Fees for services: Accounting | $40,075 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,245 |
| Fees for services: Other | $4,858,631 |
| Advertising and promotion | $0 |
| Office expenses | $33,890 |
| Information technology | $1,456 |
| Royalties | $0 |
| Occupancy | $216,477 |
| Travel | $33,283 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,785 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,286 |
| Insurance | $22,135 |
| All other expenses | $0 |
| Total functional expenses | $11,865,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,082,159 |
| Savings and temporary cash investments | $3,185,939 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2 |
| Other assets | $0 |
| Total assets | $6,340,415 |
| Accounts payable and accrued expenses | $10,838 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $10,838 |
| 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 | $6,329,577 |
Grants Awarded
Over the last fiscal year, Arkansas Public School Resource Center Inc has awarded $4,141,202 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CENTERPOINT SCHOOL DISTRICT PURPOSE: CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $993,192 |
Little Rock, AR PURPOSE: CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $700,940 |
SOUTHSIDE SCHOOL DISTRICT PURPOSE: CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $700,545 |
MOUNTAINBURG SCHOOL DISTRICT PURPOSE: CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $679,515 |
Lewisville, TX PURPOSE: CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $374,845 |
Bentonville, AR PURPOSE: CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES | $285,460 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Arkansas Public School Resource Center Inc has recieved totaling $2,666,820.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO PROVIDE OPERATIONAL SUPPORT TO THE ARKANSAS PUBLIC RESOURCE CENTER. | $2,008,986 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO PROVIDE A CONSORTIUM OF NINE RURAL SCHOOL DISTRICTS SERVING 3,668 STUDENTS IN GRADE 8-12 WITH CAREER AWARENESS, CAREER EXPLORATION, CAREER PREPARATION AND CAREER EXPERIENCES FOR POSTSECONDARY SUCCESS. | $294,334 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO ASSIST PUBLIC CHARTER SCHOOLS IN NWA WITH FINANCIAL AND OPERATIONAL MANAGEMENT. | $188,500 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO CONTINUE GRANTEE'S GROWTH AND EXPANSION OF SERVICES TO OPEN ENROLLMENT PUBLIC CHARTER SCHOOLS IN ARKANSAS AND THE REGION THROUGH THEIR CHARTER LEADERSHIP INSTITUTE. | $175,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Achieve Public Schools Inc Austin, TX | $59,873,760 | $31,154,261 |
National Math And Science Initiative Inc Dallas, TX | $26,216,573 | $26,013,416 |
Wayside Schools Austin, TX | $44,220,999 | $24,827,897 |
Arkansas Connections Academy Inc Bentonville, AR | $3,114,083 | $20,599,824 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
Austin Trinity School Austin, TX | $48,197,793 | $16,908,197 |
Arlington Classics Academy Arlington, TX | $32,317,939 | $15,087,121 |
Northlake Christian School Covington, LA | $15,559,549 | $15,961,975 |
Texas Coalition For Animal Protection Fort Worth, TX | $9,140,859 | $14,917,183 |
Covenant Knights School Dallas, TX | $65,440,145 | $15,652,987 |
Compass Academy Charter School Inc Odessa, TX | $45,382,353 | $13,322,993 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |