Overview
What is Little Scholars Of Arkansas Foundation?
The Little Scholars of Arkansas Foundation, also known as Lisa Academy, is a nonprofit organization located in Little Rock, Arkansas. With a mission to deliver an academically rigorous college preparatory program, Lisa Academy partners with students, families, and the community to empower students in grades K through 12. Their goal is to guide students in acquiring knowledge, skills, and the right attitude to shape their lives, foster a diverse society, and thrive in a changing world. By providing dynamic and resource-rich learning environments, they aim to help students improve their potential as future professionals and lead successful lives. The organization employs a total of 558 individuals in their pursuit of this mission.
Official website here: www.lisaacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Little Scholars Of Arkansas Foundation holds a 73% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The foundation excels in maintaining an independent board, with all members being independent and effective oversight of its financial statements. The absence of material diversion of assets reflects positively on their integrity.
However, the organization faces notable limitations, particularly with missing policies such as a whistleblower policy and document retention and destruction guidelines. Additionally, the foundation has not made its tax form available on its website, which is a transparency concern. While their program expense ratio is strong at 79.54%, indicating a good portion of funds are directed towards their mission, the overall financial stability is impacted by a higher liabilities to assets ratio at 73.65%.
This AI summary has been generated from information found on Charity Navigator.
Is Little Scholars Of Arkansas Foundation legitimate?
Little Scholars Of Arkansas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Scholars Of Arkansas Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $245,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,773,498
For more financial information, click here
Official website here: www.lisaacademy.org
What is the mission statement of Little Scholars Of Arkansas Foundation?
The Little Scholars Of Arkansas Foundation is dedicated to delivering an academically rigorous college preparatory program in partnership with students, families, and the community. Their mission is to guide students in gaining knowledge, skills, and the right attitude to shape their lives, foster a diverse society, and succeed in a changing world. By providing dynamic, resource-rich learning environments, they aim to help students excel and make a positive impact on society.
Official website here: www.lisaacademy.org
Who is the CEO of Little Scholars Of Arkansas Foundation?
Cynthia Dawson is the President of Little Scholars Of Arkansas Foundation.
Official website here: www.lisaacademy.org
What is the revenue of Little Scholars Of Arkansas Foundation?
Little Scholars Of Arkansas Foundation's revenue in 2022 was $43,065,978.
Official website here: www.lisaacademy.org
Who are the executives of Little Scholars Of Arkansas Foundation and what are their salaries?
The average compensation at Little Scholars Of Arkansas Foundation during 2022 was $37,668. There are 558 employees and 5 volunteers at Little Scholars Of Arkansas Foundation.
Here are 7 key members and their salaries:
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- Compensation: $114,850
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- Other: $19,442
- Compensation: $89,950
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- Other: $15,697
Official website here: www.lisaacademy.org
Where can I find the form 990 for Little Scholars Of Arkansas Foundation?
Little Scholars Of Arkansas Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lisaacademy.org
Learn more at the official website: www.lisaacademy.org
Mission Statement of Little Scholars Of Arkansas Foundation
Little Scholars Of Arkansas Foundation, a non-profit organization, is dedicated to providing an academically rigorous college preparatory program for students. The foundation partners with students, families, and the community to guide each student in gaining the knowledge, skills, and attitude necessary to shape their lives and contribute to a diverse society. Through dynamic and resource-rich learning environments, Little Scholars Of Arkansas Foundation empowers its students to excel in a changing world.
The mission of Little Scholars Of Arkansas Foundation goes beyond just education. It aspires to transform the lives of its students, enabling them to improve society and reach their full potential. By offering a college preparatory program, the foundation equips students with the tools they need to succeed academically and professionally. This commitment to excellence extends beyond the classroom, as the organization fosters a nurturing environment that encourages students to develop a positive attitude and a strong work ethic.
Little Scholars Of Arkansas Foundation recognizes the importance of a diverse society and strives to create an inclusive learning environment where students from all backgrounds can thrive. Through its dynamic and resource-rich learning environments, the foundation nurtures the next generation of leaders, ensuring they are well-equipped to constructively engage with the challenges of an ever-evolving world.
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Impact
August, 2024
Little Scholars Of Arkansas Foundation, operating under the mission of providing an academically rigorous college preparatory program in partnership with students, families, and the community, has had a significant impact on the education sector in Little Rock, Arkansas. By offering dynamic and resource-rich learning environments for students in grades K through 12, the Foundation has played a crucial role in guiding students towards gaining knowledge, skills, and attitudes necessary to excel in a changing world.
Through its programs and initiatives, Little Scholars Of Arkansas Foundation has contributed to the academic growth and development of students, helping them explore their full potential as future professionals. By emphasizing the importance of education and providing a robust educational framework, the Foundation has been instrumental in shaping a diverse society and empowering students to direct their lives towards success.
Overall, the impact of Little Scholars Of Arkansas Foundation can be seen in the positive educational outcomes achieved by students, the fostering of a culture of learning and excellence, and the advancement of the community as a whole.
This information is meant to be a general summary of Little Scholars Of Arkansas Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$154,155
- Program Service Revenue: $1,886,977
- Gross Receipts: $43,229,077
Assets and Liabilities:
- Total Assets: $78,733,824
- Total Liabilities: $57,185,949
- Net Assets: $21,547,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSOLIDATION/ANNEXATION
Revenue
$1,025,965
MEDICAID REIMBURSEMENT
Revenue
$520,950
ACTIVITY REVENUES
Revenue
$314,001
MISCELLANEOUS
Revenue
$26,047
MEAL SALES
Revenue
$14
Organization Details
Founding Year
2003
Phone
(501) 227-4942Principal Officer
Cynthia Dawson
Main Address
21 CORPORATE HILL DRIVE, LITTLE ROCK, AR, 72205
Website
www.lisaacademy.orgNTEE Category
Code: B19 - Education
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