NonprofitsLittle Scholars Of Arkansas Foundation

Education

Little Scholars Of Arkansas Foundation

LITTLE ROCK, AR

Total revenue

$45.9M

Total expenses

$47.5M

Net assets

$17.7M

Grants received

$5.7M

12 grants

EIN

061665076

Tax year

2023

Mission

The mission of lisa academy is to provide an academically rigorous college preparatory program, in partnership with students, families, and the community, and guide all students in gaining knowldege, skills, and the attitude necessary to direct their lives, improve a diverse society, and excel in a changing world by providing dynamic, resource-rich learning environments.

Financials

FY 2023

Revenue

Contributions & grants$44.0M
Program service revenue$1.3M
Investment income$327K
Other revenue$361K
Total revenue$45.9M

Expenses

Grants paid
Salaries & benefits$33.0M
Fundraising
Other expenses$14.4M
Total expenses$47.5M
Total assets$69.5M
Net assets$17.7M

People

8 listed

NameRoleCompensation

FATIH BOGREK

SUPERINTENDENT

Board

$139K

40 hrs/wk

HASAN SAZCI

ASST. SUPERINDENDENT

Board

$106K

40 hrs/wk

NECATI SAHIN

CFO

Board

$103K

40 hrs/wk

DR ERHAN ARARAT

VICE PRESIDENT

Board

1 hrs/wk

CYNTHIA DAWSON

PRESIDENT

Board

1 hrs/wk

DR TOLGA ENSARI

BOARD MEMBER

Board

1 hrs/wk

DR EMRE CELEBI

SECRETARY

Board

1 hrs/wk

ERICA MILLER

BOARD MEMBER

Board

1 hrs/wk

Independent contractors

J&F FOOD SERVICE

FOOD SERVICE

$902K

BALDWIN & SHELL CONSTRUCTION

CONSTRUCTION

$686K

J5 THERAPY INC

THERAPY

$540K

PEDIATRIC THERAPY SERVICES

THERAPY

$499K

CRANFORD CO

ADVERTISING

$254K

Grants received

Showing 12 of 12

FromAmountPurposeYear
$5K
Observe solar eclipse
2024
$1.1M
CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES
2023
$200K
To supplement start up costs, including library books and materials, makerspace resources, and furniture for a new, high-quality charter school in Fayetteville
2023
$1.3M
To support a hybrid public charter school and education activities in Little Rock, Arkansas.
2022
$974K
CHARTER SCHOOLS PROGRAM GRANT, REIMBURSEMENT OF EXPENSES
2022
$397K
To support additional personnel and facilities renovation at the Springdale campus.
2022
$200K
To support the purchase of non-reoccurring items needed for the school start of the LISA Academy Rogers - Bentonville campus, especially with consideration for higher costs since the charter was approved.
2022
$200K
To support start-up expenses for the new Bentonville-Rogers campus.
2022
$500
To support general operations in 2022.
2022
$58K
CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES
2021
$701K
CHARTER SCHOOL PROGRAM GRANT, REIMBURSEMENT OF EXPENSES
2020
$625K
LISA Academy West Expansion
2020

Funded by

$5.7M from 3 funders · 12 grants · 2020–2024

Walton Family Foundation Inc

$2.9M · 7 grants · 2020–2023

Arkansas Public School Resource Center

$2.8M · 4 grants · 2020–2023

Arkansas Stem Coalition

$5K · 1 grant · 2024

Details

EIN061665076
NTEE codeB19
Subsection03
Ruling date2003-04
Formed2003
Employees726
Volunteers95
LITTLE SCHOLARS OF ARKANSAS FOUNDATION — Mission, Financials & Grants Received | Grantivo