Fayetteville Creative Schools Inc
- Assets
- $996.9k
- Revenue
- $616.9k
- Investments
- $0.0
- Employees
- 27
- Location
- Fayetteville, AR
- Founding
- 08/1966
- Data as of
- 06/2023
- EIN
- 71-0387317
Organization Overview
Fayetteville Creative Schools Inc is located in Fayetteville, AR. The organization was established in 1966. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Fayetteville Creative Schools Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fayetteville Creative Schools 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 06/2023, Fayetteville Creative Schools Inc generated $616.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $558.0k during the year ending 06/2023. While expenses have increased by 14.7% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE PREMIER PROVIDER OF QUALITY EDUCATION FOR PRESCHOOL AND KINDERGARTEN AGE CHILDREN OF NORTHWEST ARKANSAS BY OFFERING A WARM, SUPPORTIVE ATMOSPHERE THAT PROMOTES A CHILD'S SOCIAL, EMOTIONAL, INTELLECTUAL, AND DEVELOPMENTAL GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING QUALITY EDUCATION FOR PRESCHOOL AND KINDERGARTEN AGE CHILDREN OF NORTHWEST ARKANSAS BY OFFERING A WARM, SUPPORTIVE ATMOSPHERE THAT PROMOTES A CHILD'S SOCIAL, EMOTIONAL, INTELLECTUAL, AND DEVELOPMENTAL GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sugar Bostick Vice Preside | OfficerTrustee | 1 | $0 |
Kenlie Bryant Secretary | Trustee | 1 | $0 |
Glenn Garrison Director | Trustee | 1 | $0 |
Matt Hall Director | Trustee | 1 | $0 |
Frank Johnson Director | Trustee | 1 | $0 |
Kate Williams Moore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,221 |
| Related organizations | $0 |
| Government grants | $215,773 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,202 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,196 |
| Total Program Service Revenue | $376,530 |
| Investment income | $8,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,055 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $616,935 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $336,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,729 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,959 |
| Fees for services: Accounting | $15,428 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,950 |
| Advertising and promotion | $0 |
| Office expenses | $264 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,541 |
| 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 | $33,663 |
| Insurance | $15,382 |
| All other expenses | $3,924 |
| Total functional expenses | $557,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,674 |
| Savings and temporary cash investments | $333,944 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,718 |
| 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 | $6,168 |
| Net Land, buildings, and equipment | $321,218 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,139 |
| Total assets | $996,861 |
| Accounts payable and accrued expenses | $6,970 |
| Grants payable | $0 |
| Deferred revenue | $28,425 |
| 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 | $25,879 |
| Total liabilities | $61,274 |
| Net assets without donor restrictions | $935,587 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $996,861 |