Friendship Aspire Arkansas Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823957417 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is Friendship Aspire Arkansas Inc?

Friendship Aspire Arkansas Inc, located at 300 S Izard Street, Little Rock, AR 72201, is a nonprofit organization committed to delivering exceptional education. Their mission is to inspire students, fostering an environment that encourages them to excel academically, appreciate learning, and grow into responsible, literate, well-rounded individuals who actively contribute to their communities. With a workforce of 120 dedicated employees, they strive to create a nurturing environment that promotes ethical behavior and self-sufficiency in their students.


Official website here: www.friendshipaspire.org

What are the reviews and ratings of this charity?

Friendship Aspire Arkansas Inc has received a remarkable Four-Star out of Four Star rating from Charity Navigator with an overall score of 96%. This high rating is based exclusively on the organization’s strong accountability and finance practices, marking an admirable commitment to transparency and responsible fund management. The charity has demonstrated excellence in various metrics, including the independence of its board members, with 100% of its board being independent, and it boasts well-maintained financial statements, audited with no material diversion of assets.

The organization excels particularly in its program expense ratio, with over 86% of its expenditures directed towards its programs, signaling effective allocation of resources towards its mission. Its compliance with various governance policies, such as conflict of interest and whistleblower policies, further underscores a solid foundation in operational integrity. However, while the scores in accountability and finance are robust, other aspects, such as impact measurement, culture and community, and leadership adaptability, have not been currently scored.

Unfortunately, user reviews from GreatNonprofits are not available at this time, limiting the ability to provide additional insights from community feedback. Nonetheless, the strong financial rating suggests that Friendship Aspire Arkansas Inc is a well-managed nonprofit with a clear focus on accountability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Friendship Aspire Arkansas Inc?

100% of 14 reviewers on Facebook recommend Friendship Aspire Arkansas Inc. Here is a summary of their reviews:

The sentiments are overwhelmingly positive, with many individuals praising the kindness and welcoming nature of the staff. Parents appreciate the curriculum and teaching approach, highlighting their satisfaction with how well the staff engages with the students. One parent specifically mentioned their daughter's love for the teachers, indicating a strong connection and support system within the nonprofit.

Overall, it seems that Friendship Aspire Arkansas Inc successfully meets the needs of its community and instills a sense of joy and security among families, creating a positive educational environment. Many supporters express hope for further expansion, particularly for junior high options, which indicates a strong desire for the nonprofit to continue its growth and service.


This AI summary has been generated from reviews found on Facebook.

Is Friendship Aspire Arkansas Inc legitimate?

Friendship Aspire Arkansas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Aspire Arkansas Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,689,744

For more financial information, click here


Official website here: www.friendshipaspire.org

What is the mission statement of Friendship Aspire Arkansas Inc?

Friendship Aspire Arkansas Inc is dedicated to delivering top-notch education that encourages students to excel academically, develop a love for learning, and grow into responsible, literate, well-rounded individuals who actively contribute to their communities. Their mission is to foster an environment where students can achieve high academic standards, cultivate ethical values, and become self-sufficient citizens. This education aims to equip students with the necessary skills and mindset to make a positive impact in their communities.


Official website here: www.friendshipaspire.org

Who is the CEO of Friendship Aspire Arkansas Inc?

Phong Tran is the Trustee of Friendship Aspire Arkansas Inc.


Official website here: www.friendshipaspire.org

What is the revenue of Friendship Aspire Arkansas Inc?

Friendship Aspire Arkansas Inc's revenue in 2022 was $10,491,676.


Official website here: www.friendshipaspire.org

Who are the executives of Friendship Aspire Arkansas Inc and what are their salaries?

The average compensation at Friendship Aspire Arkansas Inc during 2022 was $14,081. There are 120 employees and 5 volunteers at Friendship Aspire Arkansas Inc.


Here are 3 key members and their salaries:


Chris Bell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Froud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Pulliam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendshipaspire.org

Where can I find the form 990 for Friendship Aspire Arkansas Inc?

Friendship Aspire Arkansas Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendshipaspire.org

Learn more at the official website: www.friendshipaspire.org

Mission Statement of Friendship Aspire Arkansas Inc

Friendship Aspire Arkansas Inc, a nonprofit organization, is dedicated to delivering top-notch education that inspires students to reach their academic potential, cultivate a love for learning, and grow into responsible, literate, well-rounded, and self-sufficient individuals. By providing this world-class education, the organization aims to empower its students to contribute positively to their communities. The mission of Friendship Aspire Arkansas Inc is to foster an environment where students not only excel academically but also develop essential ethical values, establishing a strong foundation for their future.

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Impact




July, 2024

Friendship Aspire Arkansas Inc's impact can be seen in the transformation of students who receive their world-class education. Through their programs, students are motivated to achieve high academic standards, enjoy learning, and develop as ethical, literate, well-rounded, and self-sufficient citizens. This organization plays a crucial role in shaping the future generations of our communities by instilling values of education, integrity, and community contribution. Their work in LITTLE ROCK, AR is commendable, as they strive to empower students to reach their full potential and become active contributors to society.




This information is meant to be a general summary of Friendship Aspire Arkansas Inc. 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.

Revenue
$10,491,676 (2022)
Expenses
$9,691,640 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $10,491,676

Assets and Liabilities:

  • Total Assets: $2,422,345
  • Total Liabilities: $157,306
  • Net Assets: $2,265,039

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Organization Details

Founding Year

2018

Principal Officer

Phong Tran

Main Address

300 S Izard Street, Little Rock, AR, 72201

NTEE Category

Code: B29 - Education

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