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EIN 27-3981892

Arkadelphia Promise Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Arkadelphia
State
Arkansas
Year formed
2010
Most recent tax filings
2023-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Arkadelphia Promise Foundation increases the college-going rate for local students, reduces dropout rates due to financial challenges, and cultivates a more educated workforce. This game-changing initiative transforms college education from a dream into a tangible reality for every child in Arkadelphia. By stimulating both educational and economic systems, the foundation strives to lower or eliminate education costs and enhance the community's attractiveness through an educated populace.
Total revenues
$745,320
2023
Total expenses
$589,593
2023
Total assets
$2,871,170
2023
Num. employees
1
2023

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 2024$351,684
Southern Bancorp Community PartnersEducation Scholarships$332,146

Personnel at Arkadelphia Promise Foundation

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

Financials for Arkadelphia Promise Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$686,435
Program services$0
Investment income and dividends$58,885
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$745,320

Form 990s for Arkadelphia Promise Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-13990View PDF
2022-122023-09-13990View PDF
2021-122022-05-24990View PDF
2020-122021-06-22990View PDF
2019-122020-11-25990View PDF
...and 8 more Form 990s
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
September 11, 2023
Used new vendors
Identified 2 new vendors, including , and
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
401 High School Dr
Arkadelphia, AR 71923
County
Clark County, AR
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
813410: Civic and Social Organizations
Parent/child status
Independent
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