Excellerate Foundation
- Assets
- $1.4m
- Revenue
- $18.6m
- Investments
- $0.0
- Employees
- 49
- Location
- Rogers, AR
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 31-1682365
Organization Overview
Excellerate Foundation is located in Rogers, AR. The organization was established in 2000. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Excellerate Foundation employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excellerate Foundation 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, Excellerate Foundation 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 30.7% each year . All expenses for the organization totaled $17.3m during the year ending 12/2021. While expenses have increased by 4.2% 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 2018, Excellerate Foundation has awarded 16 individual grants totaling $3,549,566. 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
EXCELLERATE FOUNDATION IS COMMITTED TO ENSURING THAT ALL RESIDENTS OF NORTHWEST ARKANSAS ARE MENTALLY AND PHYSICALLY HEALTHY, SAFE, AND ECONOMICALLY AND SOCIALLY STABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A REGIONAL HUMAN SERVICES SYSTEM WHICH ENSURES THAT EVERYONE IN NORTHWEST ARKANSAS IS AWARE OF AND ABLE TO ACCESS THE SERVICES THEY NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Webster President/ceo | Officer | 40 | $413,438 |
Susan Upchurch CFO | Officer | 40 | $283,250 |
Justin Fletcher VP Of Programs | Officer | 40 | $158,943 |
Josh Hall Vp/exec Dir | Officer | 40 | $137,584 |
Anita Scism Former President/ceo | 40 | $123,385 | |
Ali Johnson Marketing Director | 40 | $100,975 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Russell Reynolds Management Consulting | 12/30/21 | $119,800 |
Prisma Software Development | 12/30/21 | $160,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,849,450 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,733,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,582,776 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $18,582,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $993,214 |
| Compensation of current officers, directors, key employees. | $162,111 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,029,040 |
| Pension plan accruals and contributions | $85,798 |
| Other employee benefits | $146,175 |
| Payroll taxes | $123,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,747 |
| Fees for services: Accounting | $41,876 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,581 |
| Advertising and promotion | $43,348 |
| Office expenses | $51,615 |
| Information technology | $143,945 |
| Royalties | $0 |
| Occupancy | $67,938 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,316 |
| Insurance | $21,241 |
| All other expenses | $10,213 |
| Total functional expenses | $17,328,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,324,203 |
| Savings and temporary cash investments | $0 |
| 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 | $93,660 |
| Net Land, buildings, and equipment | $4,254 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,422,117 |
| Accounts payable and accrued expenses | $124,616 |
| 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 | $124,616 |
| Net assets without donor restrictions | $181,751 |
| Net assets with donor restrictions | $1,115,750 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,422,117 |
Grants Awarded
Over the last fiscal year, Excellerate Foundation has awarded $16,565 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Fayetteville, AR PURPOSE: OPERATING | $7,065 |
HABITAT FOR HUMANITY PURPOSE: OPERATING | $5,000 |
Fayetteville, AR PURPOSE: OPERATING | $2,500 |
Fayetteville, AR PURPOSE: OPERATING | $1,000 |
Southeastern, PA PURPOSE: OPERATING | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Excellerate Foundation has recieved totaling $2,170,979.
| Awarding Organization | Amount |
|---|---|
Excellerate Foundation Charitable Support Rogers, AR PURPOSE: OPERATING | $1,450,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: INCUBATE AN UPSKILLING INITIATIVE THAT FOCUSES ON LIFTING WORKING ADULTS OUT OF POVERTY AND INTO LIVING-WAGE CAREERS THROUGH TRAINING AND EDUCATION. | $720,979 |
Endowment Analysis
| Beg. Balance | $282,780 |
| Earnings | $6,938 |
| Grants | $289,718 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Antonio Area Foundation San Antonio, TX | $587,345,748 | $192,937,536 |
The Greater New Orleans Foundation New Orleans, LA | $406,748,750 | $50,799,913 |
Arkansas Community Foundation Inc Little Rock, AR | $560,797,819 | $112,679,416 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of North Texas Fort Worth, TX | $520,525,998 | $72,575,782 |
Baton Rouge Area Foundation Baton Rouge, LA | $293,247,071 | $35,030,558 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |
East Tennessee Foundation Knoxville, TN | $333,652,631 | $23,055,951 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |
Astros Golf Foundation Houston, TX | $9,630,590 | $24,941,045 |
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |