Reform Alliance Inc
- Assets
- $2.3m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Little Rock, AR
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-2573670
Organization Overview
Reform Alliance Inc is located in Little Rock, AR. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Reform Alliance Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reform Alliance 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 12/2021, Reform Alliance Inc generated $4.0m 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 $4.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OVERSEE THE IMPLEMENTATION AND REFORM OF EDUCATION IN THE STATE OF ARKANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATE SUCCEED SCHOLARSHIP PROGRAM FOR THE ARKANSAS DEPARTMENT OF EDUCATION.
ROCKEFELLER FAMILY GRANTS FOR MICROSCHOOL FUNDING
NSCW - NATL SCHOOL CHOICE WEEK
EDCHOICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margery Thomas Employee | 40 | $44,654 | |
Margaret Henley Office Manager | 20 | $20,000 | |
Shaina Broderick Employee | Officer | 40 | $15,907 |
Shane Fletcher Employee | Officer | 40 | $13,500 |
Kashana Milton Employee | Officer | 40 | $7,830 |
Jessica Middleton Employee | Officer | 40 | $5,160 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trace Strategies Llc Consultant | 12/30/21 | $240,000 |
Cj Huff Llc Ed Adv Consultant | 12/30/21 | $148,499 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $846,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $846,200 |
| Total Program Service Revenue | $3,202,366 |
| 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 | $4,048,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,294,418 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,303 |
| Compensation of current officers, directors, key employees. | $11,930 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,517 |
| Other employee benefits | $0 |
| Payroll taxes | $22,056 |
| Fees for services: Management | $56,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,483 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $153,012 |
| Advertising and promotion | $91,630 |
| Office expenses | $1,524 |
| Information technology | $9,259 |
| Royalties | $0 |
| Occupancy | $24,000 |
| Travel | $49,086 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,808 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $885 |
| Insurance | $0 |
| All other expenses | $34,257 |
| Total functional expenses | $4,270,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,234,804 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,000 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,891 |
| Total assets | $2,298,695 |
| Accounts payable and accrued expenses | $0 |
| 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 | $959 |
| Total liabilities | $959 |
| Net assets without donor restrictions | $2,046,069 |
| Net assets with donor restrictions | $251,667 |
| 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 | $2,298,695 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reform Alliance Inc has recieved totaling $846,200.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO CONTINUE THE IMPLEMENTATION OF THE SUCCEED SCHOLARSHIP, PREPARE FOR NC SCHOOL CHOICE PROGRAMS IN THE PIPELINE, AND EXPAND COMMUNITY WORK TO PARENT/FAMILY ENGAGEMENT ADAPTING THE INNOVATE PUBLIC. | $846,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
North Mississippi Education Consortion University, MS | $2,578,004 | $9,299,460 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |