Ark Preschool FY2024 filing

Tax-deductible

Rockwall, TX501(c)(3)EducationEIN 27-4071082Revenue $888K in FY2024

On file with the IRSthearkrockwall.com1200 E Yellow Jacket Ln, 75087-4865 · Rockwall, TXTax-exempt since Aug 2022School — 170(b)(1)(A)(ii)

Tell your story. Claim this org

To promote a nurturing communitywhere students create, imagine, and explore as they learn about

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$91K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $64K a year · 6% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$91K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$888K
-24% vs prior year
Spent
$1.0M
To programs
85%
Net assets
$882K
By yearFY2022–FY2025
Revenue
$888K
FY2024▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2022$1.2M
FY2023$1.2M
FY2024$888K
FY2025$961K
Expenses
$1.0M
FY2024+0.5%
Tap a bar for its year
Expenses by fiscal year
FY2022$906K
FY2023$1.0M
FY2024$1.0M
FY2025$1.0M
Net assets
$882K
FY2024▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2022$577K
FY2023$1.0M
FY2024$882K
FY2025$839K

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $864K Management & general 15% · $149K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

12 people listed on the 990; $91K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
School Director
$54,448Pt VII · Sec A
Assistant School Director
$36,429Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Fumc Finance Chair
$0Pt VII · Sec A

Christine Conway’s $54K as School Director is at the 45th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Christine Conway$53,888$54,448$49,954$50,559
Amy Swiney—$36,429$39,847$39,874
Celia Woloss$35,290———
Kim Harryman$35,275———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ark Preschool executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters a nurturing community where students create, imagine, and explore while learning.

Questions for Ark Preschool

Tap to ask. Ark Preschool sees how many people are interested.

Your first name shows with your question. Ark Preschool answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $864K · in their own filed words · FY2023
01

Provide a learning environment for preschool age children where they can create, imagine, and explore as they learn about god and their world.

$864Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$888K
Ln 12
Fees for servicesLn 2g$884K
Investment incomeLn 3$4K
Money outPt IX
$1.0M
Ln 25
Programscol B$864K
Managementcol C$149K
Owns and owesPt X
$882K
net assets · Ln 32
Cash and savingsLn 1–2$422K
Total assetsLn 16$882K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$884K
Investment incomeLn 3$4K
Total revenueLn 12$888K
Assets in detailPt X, end of year
CashLn 1$77K
SavingsLn 2$345K
Cash and savings togetherLn 1–2$422K
Land, buildings, equipmentLn 10c$387K
Total assetsLn 16$882K
LiabilitiesLn 26$0
Net assetsLn 32$882K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$689K$422K
Land, buildings, equipmentLn 10c$229K$387K
Total assetsLn 16$1.0M$882K
LiabilitiesLn 26$11K$0
Net assetsLn 32$1.0M$882K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$119K$119K
Other salaries and wagesLn 7$524K$524K
Pension plan contributionsLn 8$6K$6K
Payroll taxesLn 10$53K$44K$9K
Accounting feesLn 11c$9K$9K
Office expensesLn 13$1K$1K
OccupancyLn 16$139K$139K
Depreciation, depletion and amortizationLn 22$39K$39K
Other expenses (24a–d)Ln 24$87K$87K
All other expensesLn 24e$36K$25K$11K
Total functional expensesLn 25$1.0M$864K$149K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $961K$1.0M−$43K$839K 990 PDF
FY2024 Viewing $888K$1.0M−$125K$882K 990 PDF
FY2023 $1.2M$1.0M$163K$1.0M 990 PDF
FY2022 $1.2M$906K$261K$577K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $888,338 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $890,287$884,302
I-10 Investment incomePrior year $13,762$4,036
I-11 Other revenuePrior year $267,086$0
I-12 Total revenuePrior year $1,171,135$888,338
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $704,432$702,179
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $303,709$310,761
I-18 Total expensesPrior year $1,008,141$1,012,940
I-19 Revenue less expensesPrior year $162,994−$124,602
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $888,338 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $884,302$884,302
VIII-3 Investment incomeRelated to mission $4,036$4,036
VIII-12 Total revenueRelated to mission $888,338 · Unrelated business $0 · Excluded from tax $0$888,338
Part IX · Statement of functional expenses $1,012,940 across 10 lines filed
IX-5 Pay of current officers, directors and key staffManagement $119,211$119,211
IX-7 Other salaries and wagesPrograms $523,955$523,955
IX-8 Pension plan contributionsPrograms $6,192$6,192
IX-10 Payroll taxesPrograms $43,700 · Management $9,121$52,821
IX-11c Accounting feesManagement $9,118$9,118
IX-13 Office expensesPrograms $1,027$1,027
IX-16 OccupancyPrograms $138,541$138,541
IX-22 Depreciation, depletion and amortizationPrograms $38,818$38,818
IX-24 Other expenses (24a–d)Programs $87,359$87,359
IX-24e All other expensesPrograms $24,675 · Management $11,223$35,898
IX-25 Total functional expensesPrograms $864,267 · Management $148,673 · Fundraising $0$1,012,940
Part X · Balance sheet $881,688 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $689,450$77,413
X-2 Savings and temporary cash investmentsStart of year $0$345,000
X-4 Accounts receivableStart of year $98,918$72,157
X-10c Land, buildings and equipment, netStart of year $228,604$387,118
X-16 Total assetsStart of year $1,016,972$881,688
X-25 Other liabilitiesStart of year $10,682$0
X-26 Total liabilitiesStart of year $10,682$0
X-27 Net assets without donor restrictionsStart of year $1,006,290$881,688
X-32 Total net assets or fund balancesStart of year $1,006,290$881,688
X-33 Total liabilities and net assetsStart of year $1,016,972$881,688
Part XI · Reconciliation of net assets $881,688 net assets at year end
XI-1 Total revenue$888,338
XI-2 Total expenses$1,012,940
XI-3 Revenue less expenses−$124,602
XI-4 Net assets at start of year$1,006,290
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$881,688

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.