Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1966.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
31 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
16 people listed on the 990.
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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 15aNo
Programs and updates
Funds worthy organizations promoting economic growth in Pulaski County, Arkansas.
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Academies of central arkansas
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.5M | $1.7M |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $1.5M | $1.7M |
| LiabilitiesLn 26 | $253K | $256K |
| Net assetsLn 32 | $1.2M | $1.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $57K | $57K | ||
| Management feesLn 11a | $100K | $100K | ||
| Legal feesLn 11b | $6K | $6K | ||
| Accounting feesLn 11c | $3K | $3K | ||
| Other fees for servicesLn 11g | $5K | $0 | $5K | $0 |
| Other expenses (24a–d)Ln 24 | $9K | $9K | ||
| All other expensesLn 24e | $0 | $0 | $0 | $0 |
| Total functional expensesLn 25 | $180K | $57K | $124K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $395K | $180K | $215K | $1.4M | 990 PDF |
| FY2023 | $380K | $177K | $203K | $1.2M | 990 PDF |
| FY2022 | $341K | $372K | −$30K | $1.0M | 990 PDF |
| FY2021 | $312K | $212K | $99K | $1.0M | 990 PDF |
| FY2020 | $431K | $327K | $104K | $848K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $395,124 across 5 lines filed
Part IX · Statement of functional expenses $180,424 across 7 lines filed
Part X · Balance sheet $1,704,728 assets, 13 lines filed
Part XI · Reconciliation of net assets $1,449,210 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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