Overview
What is Arkansas Center For Data Sciences?
The Arkansas Center for Data Sciences (ACDS) is a distinguished nonprofit organization situated in Little Rock, Arkansas. Their primary mission is to bridge the gap between employers in need of IT skills and potential talents in the state. In 2022, they were granted two private funds that supported specific services such as apprenticeship training and wages for work-based learning internships. These grants enabled co-enrollment with the Federal Department of Labor grant. The key metrics of ACDS saw a significant increase in 2022, marking a 55% growth compared to 2021 results. The number of apprentices increased from 141 to 249, and the number of participating employers surged from 70 to 101. ACDS aims to serve 400 apprentices and over 100 employers in 2023. Introduced in the fourth quarter of 2020, the pre-apprenticeship training program provided 807 individuals with 1,369 IT training courses in 2022, primarily career changers. ACDS has also expanded its talent acquisition team from recruitment to talent development and management, preparing individuals to be "employer-ready" through coaching, program service accomplishments, resume building, mock interviews, and free training courses. In 2022, ACDS received 4,174 individual applications. The Unified Community Apprenticeship Team (UCAT) has continued to meet monthly, attracting representatives from various areas of the state and other organizations, including underserved populations. The Department of Labor conducted a standard grant audit for the Skills Gap Grant, commending ACDS for their progress during the pandemic and the end-to-end process they implemented. In summary, ACDS plays a vital role in connecting employers with career seekers by helping them attract, train, and retain top talent while contributing to the growth of their industry and local economy.
Official website here: www.acds.co
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
The Arkansas Center For Data Sciences has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score of 81% reflects strong performance in various areas, particularly in accountability measures, which are essential for donor trust and organizational integrity.
One of the organization's key strengths is its governance structure, with 100% of its board members being independent. Additionally, the lack of material diversion of assets and a strong program expense ratio of 86.10% suggest that the charity is effectively utilizing its resources towards its mission rather than administrative costs.
While the overall rating is commendable, the organization's performance is solely based on the Accountability & Finance beacon, which may limit a more comprehensive evaluation of its impact or effectiveness in achieving its stated goals. Nonetheless, the Arkansas Center For Data Sciences demonstrates a commitment to transparency and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Center For Data Sciences legitimate?
Arkansas Center For Data Sciences is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Center For Data Sciences 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: $415,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $887,104
For more financial information, click here
Official website here: www.acds.co
What is the mission statement of Arkansas Center For Data Sciences?
The Arkansas Center for Data Sciences (ACDS) is dedicated to bridging the gap between employers in need of IT skills and potential talent. Their mission is twofold: to increase the number of IT professionals produced by Arkansas educational institutions and employed by Arkansas corporations. Their vision is to establish Arkansas as a global leader in transforming industries through data analytics and related computing capabilities, integrating technology and business skills. In 2022, ACDS secured two private grants, funding specific services such as apprenticeship training and WBL intern wages. These grants allowed for co-enrollment with the Federal Department of Labor grant. Key metrics for ACDS saw significant growth, with a 55% increase in key metrics compared to 2021 results. The new pre-apprenticeship training program introduced in 2020 provided IT training to 807 individuals in 2022, primarily career changers preparing for IT opportunities. Additionally, ACDS has evolved its talent acquisition team to focus on talent development and management, preparing individuals to be "employer ready" through coaching, program service accomplishments, resume building, mock interviews, and free training courses. In 2022, ACDS received 4,174 individual applications.
Official website here: www.acds.co
Who is the CEO of Arkansas Center For Data Sciences?
William R Yoder is the Chairman of Arkansas Center For Data Sciences.
Official website here: www.acds.co
What is the revenue of Arkansas Center For Data Sciences?
Arkansas Center For Data Sciences's revenue in 2022 was $2,753,417.
Official website here: www.acds.co
Who are the executives of Arkansas Center For Data Sciences and what are their salaries?
The average compensation at Arkansas Center For Data Sciences during 2022 was $31,013. There are 42 employees at Arkansas Center For Data Sciences.
Here are 7 key members and their salaries:
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- Compensation: $200,000
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- Other: $6,140
- Compensation: $199,001
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- Other: $10,299
Official website here: www.acds.co
Where can I find the form 990 for Arkansas Center For Data Sciences?
Arkansas Center For Data Sciences's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acds.co
Learn more at the official website: www.acds.co
Mission Statement of Arkansas Center For Data Sciences
The Arkansas Center for Data Sciences, or ACDS, is a nonprofit organization with a mission to connect employers with potential talent in the field of information technology (IT). Its primary goal is to increase the number of IT professionals produced by Arkansas educational institutions and employed by Arkansas corporations. The organization aims to position Arkansas as a global leader in transforming existing industries through the application of data analytics and related computing capabilities, integrating technology and business skills.
ACDS offers various services to both Arkansas employers in need of IT skills and Arkansans who have the potential to supply those skills. In 2022, ACDS was awarded two private grants that funded specific services such as apprenticeship training and wages for work-based learning internships. These grants allowed for co-enrollment with the Federal Department of Labor grant. As a result, ACDS's key metrics grew by 55% compared to 2021 results. The number of apprentices increased from 141 in 2021 to 249 in 2022, and the number of participating employers increased from 70 in 2021 to 101 in 2022. ACDS aims to serve 400 apprentices and over 100 employers in 2023.
In addition to apprenticeship programs, ACDS introduced a pre-apprenticeship training program in the fourth quarter of 2020. This program provided 807 individuals with 1,369 IT training courses in 2022. These individuals, primarily career changers, were prepared for IT opportunities. Twenty were placed with employers in work-based learning programs, and 85% of those interns were hired as full-time employees in a registered apprenticeship program.
ACDS's focus has evolved from recruiting competent individuals to talent development and talent management. The organization helps individuals become "employer ready" through coaching, program service accomplishment, resume building, mock interviews, and free training courses. In 2022, ACDS received 4,174 individual applications. The organization also continues to pursue federal, state, and private grant funding.
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Impact
July, 2024
The Arkansas Center for Data Sciences is making a significant impact in the state by connecting employers with career seekers, thereby helping to attract, train, and retain top talent in the IT industry. Through its services, ACDS is not only contributing to the growth of local economy but also addressing the skills gap in the IT sector.
In 2022, ACDS saw impressive growth in key metrics, with the number of apprentices increasing from 141 to 249. The number of participating employers also grew from 70 to 101, indicating a growing demand for IT skills in Arkansas. The organization is scaling its efforts to service 400 apprentices and over 100 employers in 2023, highlighting its commitment to expanding its impact.
Additionally, ACDS introduced a new pre-apprenticeship training program in 2020 that provided IT training courses to 807 individuals in 2022. This program has successfully prepared career changers for IT opportunities, with 85% of interns being hired as full-time employees in a registered apprenticeship program.
Moreover, ACDS's outreach efforts through channels like monthly newsletters and social media have been fruitful, with a 29% increase in newsletter subscribers and a growing social media following. The organization's talent acquisition team has evolved to focus on talent development and management, ensuring that individuals are "employer ready" through coaching, resume building, and training courses.
Overall, the Arkansas Center for Data Sciences is playing a vital role in developing IT professionals in Arkansas and helping the state become a global leader in data analytics and computing capabilities, ultimately driving the transformation of existing industries in the region.
This information is meant to be a general summary of Arkansas Center For Data Sciences. 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: $948
- Program Service Revenue: $101,000
- Gross Receipts: $2,753,417
Assets and Liabilities:
- Total Assets: $522,123
- Total Liabilities: $20
- Net Assets: $522,103
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECH CONSULTING
Revenue
$101,000
Organization Details
Founding Year
2018
Phone
(501) 500-0811Principal Officer
William R Yoder
Main Address
500 PRESIDENT CLINTON AVE SUITE 2, LITTLE ROCK, AR, 72201
Website
www.acds.coNTEE Category
Code: B90 - Education
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