NonprofitsArkadelphia Promise Foundation Inc

Education

Arkadelphia Promise Foundation Inc

ARKADELPHIA, AR

Total revenue

$745K

Total expenses

$590K

Net assets

$2.9M

Grants received

$3.7M

11 grants

EIN

273981892

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$686K
Program service revenue
Investment income$59K
Other revenue
Total revenue$745K

Expenses

Grants paid
Salaries & benefits$77K
Fundraising
Other expenses$513K
Total expenses$590K
Total assets$2.9M
Net assets$2.9M

People

7 listed

NameRoleCompensation

PAULETTE BLACKNALL

DIRECTOR

Board

NICOLE PORCHIA

DIRECTOR

Board

CARRIE ROBERSON

DIRECTOR

Board

DR DONNIE WHITTEN

DIRECTOR

Board

TOM CALHOON

TREASURER

Board

BRYAN MCKINNEY

PRESIDENT

Board

DR BRYAN MCDONNELL

VICE PRESIDE

Board

Grants received

Showing 11 of 11

FromAmountPurposeYear
$332K
EDUCATION SCHOLARSHIPS
2024
$352K
Scholarship Fund 2024
2023
$332K
EDUCATION SCHOLARSHIPS
2023
$352K
Scholarship Fund 2023
2022
$332K
EDUCATION SCHOLARSHIPS
2022
$332K
EDUCATION SCHOLARSHIPS
2022
$332K
EDUCATION SCHOLARSHIPS
2021
$352K
Scholarship Fund 2020
2020
$332K
EDUCATION SCHOLARSHIPS
2020
$352K
Scholarship Fund 2018
2018
$332K
EDUCATIONAL SCHOLARSHIP PROGRAM
2018

Funded by

$3.7M from 2 funders · 11 grants · 2018–2024

Southern Bancorp Capital Partners

$2.3M · 7 grants · 2018–2024

The Ross Foundation

$1.4M · 4 grants · 2018–2023

Details

EIN273981892
NTEE codeB82
Subsection03
Ruling date2016-12
Formed2010
Employees1
ARKADELPHIA PROMISE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo