EIN 27-3981892

Arkadelphia Promise Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Arkadelphia
Year formed
2010
Most recent tax filings
2022-12-01
Description
The Arkadelphia Promise Foundation aims to increase the college-going rate for local students, reduce the number of students dropping out of college for financial reasons, and provide for a more educated workforce through the Arkadelphia Promise Scholarship.
Total revenues
$578,679
2022
Total expenses
$543,620
2022
Total assets
$2,715,705
2022
Num. employees
1
2022

Program areas at Arkadelphia Promise Foundation

The goal of the Arkadelphia Promise scholarship is to increase the college-going rate for local students, reduce the number of students dropping out of college for financial reasons and provide for a more educated workforce. The Arkadelphia Promise is a game-changing effort helping to make a college education not just a dream, but a reality for every child in Arkadelphia. A college degree is a passport to future prosperity for individuals and an educated workforce makes Arkadelphia a more attractive community in which to locate a business.
All Foundation income less operating expenses is used for student scholarships.

Who funds Arkadelphia Promise Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Ross FoundationScholarship Fund 2023$351,684
Southern Bancorp Community PartnersEducation Scholarships$332,146
Southern Bancorp Community PartnersEducation Scholarships$332,146

Personnel at Arkadelphia Promise Foundation

NameTitleCompensation
Jason JonesExecutive Director$56,275
Bryan McDonnellVice President$0
Bryan McKinneyPresident$0
Tom CalhoonTreasurer$0

Financials for Arkadelphia Promise Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$687,656
Program services$0
Investment income and dividends$-108,977
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$578,679

Form 990s for Arkadelphia Promise Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-13990View PDF
2021-122022-05-24990View PDF
2020-122021-06-22990View PDF
2019-122020-11-25990View PDF
2018-122019-09-28990View PDF
...and 7 more Form 990s

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Monroe County Education FoundationKey West, FL$1,896,279
Joseph J Mayer Education TrustJefferson City, MO$482,192
Katy Isd Education FoundationKaty, TX$494,840
Carthage R-9 School FoundationCarthage, MO$1,403,808
Waldorf Lutheran College FoundationForest City, IA$1,310,424
The Los Angeles Valley College FoundationVan Nuys, CA$1,304,931
The Portland FoundationPortland, IN$680,512
Joshua Isd Education FoundationJoshua, TX$207,892
Data update history
December 31, 2023
Received grants
Identified 2 new grant, including a grant for $351,684 from The Ross Foundation
November 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 26, 2023
Received grants
Identified 2 new grant, including a grant for $351,684 from The Ross Foundation
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $332,146 from Southern Bancorp Community Partners
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelTax deductible donations
General information
Address
401 High School Dr
Arkadelphia, AR 71923
Website URL
arkadelphiapromise.com/ 
Phone
(870) 210-1271
IRS details
EIN
27-3981892
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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