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EIN 71-0819945

Arkansas Economic Acceleration Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Little Rock
State
Arkansas
Year formed
1999
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
The Arkansas Economic Acceleration Foundation promotes and fosters entrepreneurial development in Arkansas through educational activities. Their goal is to increase business startup creation and leadership development. They also host an annual governor's award for entrepreneurial development where college students present business plans for hypothetical businesses, judged by a panel of experts with awards presented at the annual luncheon.
Related structure
Arkansas Economic Acceleration Foundation is a subordinate organization under Arkansas Capital Corporation.
Total revenues
$218,576
2022
Total expenses
$371,250
2022
Total assets
$51,131
2022
Num. employees
0
2022

Program areas at Arkansas Economic Acceleration Foundation

Annual governor's award for entrepreneurial development in Arkansas whereby college students present business plans for hypothetical businesses; plans are judged by a panel of experts and dollar awards are presented to winners at the annual awards luncheon supported by the business community of the state. The entity also sponsors a 5th-8th grade business plan competition named youth entrepreneurial showcase (y.e.s.) For Arkansas.

Who funds Arkansas Economic Acceleration Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$114,000
Frank D Hickingbotham Foundation TrustDonation$2,500

Personnel at Arkansas Economic Acceleration Foundation

NameTitleCompensation
Sam WallsPresident$0
Rush deaconTreasurer$0
Marie BrunoSecretary$0
Leslie LaneVice President$0

Financials for Arkansas Economic Acceleration Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$210,500
Program services$8,000
Investment income and dividends$0
Tax-exempt bond proceeds$76
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$218,576

Form 990s for Arkansas Economic Acceleration Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-09-15990View PDF
2019-122021-04-05990View PDF
...and 10 more Form 990s

Organizations like Arkansas Economic Acceleration Foundation

OrganizationLocationRevenue
Prince William Sound Economic Development DistrictCordova, AK$427,900
Alamance County Economic Development FoundationBurlington, NC$400,737
Southeast Economic Development FundPark Hills, MO$193,678
Invest UpMarquette, MI$994,377
Southeast Washington Economic Development AssociationClarkston, WA$56,756
Area Economic AllianceMT Carmel, IL$129,780
Dawson Economic Development CouncilGlendive, MT$139,773
Buckeye Lake Region CorporationBuckeye Lake, OH$335,724
Tech Connect WVSouth Charleston, WV$347,132
Envision Greater Fond du Lac FoundationFond Du Lac, WI$351,286
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $2,500 from Frank D Hickingbotham Foundation Trust
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 21, 2023
Received grants
Identified 2 new grant, including a grant for $60,000 from Walton Family Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Land and water conservationEnvironmentCommunity improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
200 River Market Ave Suite 400
Little Rock, AR 72201
Metro area
Little Rock-North Little Rock-Conway, AR
County
Pulaski County, AR
Website URL
arcapital.com/entrepreneurship-foundation/ 
Phone
(501) 374-9247
IRS details
EIN
71-0819945
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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