Form 990 for tax year 2023

Totals

Total revenue

$5,636,525

Total expenses

$6,560,995

Contributions and grants received

$0

Grants paid

$6,320,782

Program service revenue

$0

Investment income

$5,636,525

Other revenue

$0

Total assets, end of year

$155,945,741

Total liabilities, end of year

$7,523,789

Net assets or fund balances, end of year

$148,421,952

Program services expenses (Part IX)

$6,320,782

Management and general expenses

$240,213

Fundraising expenses

$0

Program service expenses (Part III)

$6,320,782

Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• HUMAN SERVICE PLATFORM. THESE GRANTS SUPPORT THE CREATION OF A REGIONAL HUMAN SERVICE PLATFORM WHICH ENSURES THAT EVERYONE IN NORTHWEST ARKANSAS IS AWARE OF AND ABLE TO ACCESS THE SERVICES THEY NEED.

  Expenses $5,285,782 · Grants $5,285,782

• DISCRETIONARY DISTRIBUTIONS. THESE GRANTS SUPPORT HIGH PERFORMING NONPROFIT ORGANIZATIONS AND MUNICIPAL INSTITUTIONS IN NORTHWEST ARKANSAS.

  Expenses $1,035,000 · Grants $1,035,000

As filed on the 2023 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• VANGUARD CHARITABLE (V)

  $1,035,000

  OPERATING

• BENTONVILLE PUBLIC SCHOOLS

  $238,140

  OPERATING

• HUNTSVILLE SCHOOL DISTRICT

  $125,400

  OPERATING

• CANOPY NWA

  $112,500

  OPERATING

• PEA RIDGE SCHOOL DISTRICT

  $97,200

  OPERATING

• PRAIRIE GROVE SCHOOL DISTRICT

  $97,200

  OPERATING

• ROGERS PUBLIC SCHOOLS

  $97,200

  OPERATING

• GRAVETTE SCHOOL DISTRICT

  $75,000

  OPERATING

• DECATUR SCHOOL DISTRICT

  $35,000

  OPERATING

• INNOVATIVE POVERTY SOLUTIONS

  $25,000

  OPERATING

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• EXCELLERATE FOUNDATION

  501C3 · GRANTMAKING · AR

Provenance

Return type

form_990

Tax year

2023

Filed

15 October 2024

IRS schema version

2023v5.1

Source object

202402919349300715

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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