Arcodekids
- Assets
- $131.9k
- Revenue
- $50.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 09/2016
- Data as of
- 12/2019
- EIN
- 81-1706575
Organization Overview
Arcodekids is located in Little Rock, AR. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arcodekids 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 12/2019, Arcodekids generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (48.8%) each year. All expenses for the organization totaled $52.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (39.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Arcodekids has awarded 11 individual grants totaling $538,500. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE FOCUSED ON BUILDING AWARENESS, EXPANDING STUDENT PARTICIPATION AND ENABLING NEW CAREER PATHWAYS IN COMPUTER SCIENCE ACROSS ARKANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SCHOLARSHIPS. WE CONTINUED OUR SUPPORT OF THE ARKANSAS CODING ACADEMY BY PROVIDING A SCHOLARSHIP FOR A DESERVING STUDENT.
WE DONATED $10,000 TO THE MUSEUM OF DISCOVERY TO SUPPORT THEIR GIRLS IN STEM PROGRAM. ARCODEKIDS' SUPPORT FULLY FUNDED A WEEK OF THE PROGRAM, PROVIDING THIS ENRICHING EXPERIENCE FOR 300 GIRLS.
2019 ARKANSAS GOVERNOR'S ALL STATE CODING COMPETITION. WE RECEIVED A DONATION IN THE AMOUNT OF $50,000 FROM VERIZON IN 2018 TO USE TOWARDS THE 2019 GOVERNOR'S CODING COMPETITION. THE MONEY WAS USED TO COVER AWARDS AND COMPETITION EXPENSES FOR THE TEAMS COMPETING FROM ACROSS THE STATE. VERIZON CONTRIBUTED A TOTAL OF $50,000 IN 2019 TO ALSO COVER THE 2020 STATEWIDE CODING COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Wengel President | OfficerTrustee | 5 | $0 |
Anthony Owen Director | OfficerTrustee | 1 | $0 |
Kevin Crass Director | OfficerTrustee | 0.25 | $0 |
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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| 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 | $50,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,452 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $52,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,903 |
| 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 | $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 | $0 |
| Total assets | $131,903 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $131,903 |
| Total liabilities and net assets/fund balances | $131,903 |
Grants Awarded
Over the last fiscal year, Arcodekids has awarded $46,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS CODING ACADEMY PURPOSE: SCHOLARSHIPS FOR STUDENTS | $6,000 |
MUSEUM OF DISCOVERY PURPOSE: SPONSORED GIRLS IN STEM PROGRAM | $10,000 |
ARKANSAS DEPARTMENT OF EDUCATION PURPOSE: FUNDS TO SPONSOR ANNUAL STATEWIDE CODING COMPETITION | $30,500 |