AR KIDS READ

EIN: 461477513 501(c)(3) Youth Development

LITTLE ROCK, AR

Total Revenue
$530,750
Total Expenses
$544,891
Total Assets
$429,449
Net Assets
$415,385
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
AR
Principal Officer
KATHY FRENCH
Phone
5012442661
Tax Period
2024-07-01 to 2025-06-30

AR KIDS READ, founded in 2012, is a small nonprofit in the Youth Development sector that reported $406K in total revenue in fiscal year 2018. Revenue decreased 10% compared to the prior year. Expenses of $474K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE ORGANIZATION IS A COMMUNITY VOLUNTEER-BASED PROGRAM DESIGNED TO PROVIDE STRUGGLING READERS AND THEIR FAMILIES WITH ACCESS TO TRAINED TUTORS WHO DONATE TIME ON A REGULAR BASIS. THE FOCUS OF THESE VOLUNTEER TUTORS IS CHILDREN WHO NEED TO IMPROVE BASIC LITERACY LANGUAGE SKILLS TO PROFICIENTLY READ AT GRADE LEVEL. KEY COMPONENTS OF THE AR KIDS READ TUTOR PROGRAM ARE: STUDENT RELATIONSHIP-BASED; LOW TUTOR-TO-STUDENT RATIO, MENTOR COMMITMENT (FOR AT LEAST ONE SEMESTER), READING LEVEL-BASED CURRICULUM, AND EFFECTIVE PROGRAM COORDINATION, TUTOR TRAINING, AND SUPPORT. THE ORGANIZATION ALSO WORKS TO BUILD PARTNERSHIPS WITH AGENCIES AND ORGANIZATIONS TO INCREASE AWARENESS OF CHILDREN'S LITERACY ISSUES, PROMOTE THE AVAILABILITY OF READING SUPPORT SERVICES, AND REACH POTENTIAL STUDENTS AND VOLUNTEER TUTORS. AR KIDS READ WORKS TO RECRUIT, TRAIN AND PROVIDE TUTORS TO PARTICIPATING SCHOOL DISTRICTS, NON-PROFITS, CHURCHES AND OTHER AGENCIES TO HELP CHILDREN READ AT GRADE LEVEL.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $466,900
Program Service Revenue $38,500
Investment Income $1,464
Other Revenue $23,886
TOTAL REVENUE $530,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $311,795
Fundraising Expenses $97,580
Program Expenses $402,628
Other Expenses $233,096
TOTAL EXPENSES $544,891

Year-over-Year Comparison

2024 2023 Change
Revenue $530,750 $561,287 -0.1%
Expenses $544,891 $460,727 +0.2%
Net Income $-14,141 $100,560 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
19
Volunteers
168

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$90,578
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVIN BATES BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY BROOKS BOARD MEMBER 1.00
Director
$0 $0 $0
NATHALIE COULTER BOARD MEMBER 1.00
Director
$0 $0 $0
LOU GRAHAM BOARD MEMBER 1.00
Director
$0 $0 $0
KEDRICK JONES BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN HAWLEY NEWBOLT BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN OLIVER BOARD MEMBER 1.00
Director
$0 $0 $0
ROSA PEREZ BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN PERSON BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH RIGGS BOARD MEMBER 1.00
Director
$0 $0 $0
MARTY SCHACK BOARD MEMBER 1.00
Director
$0 $0 $0
EDIE STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY TUGGLE BOARD MEMBER 1.00
Director
$0 $0 $0
ANDY BINGHAM PRESIDENT 1.00
Officer
$0 $0 $0
LESLIE PARNELL VICE PRESIDENT 1.00
Officer
$0 $0 $0
DON GOOCH TREASURER 1.00
Officer
$0 $0 $0
SCARLETT BURKS SECRETARY 1.00
Officer
$0 $0 $0
SHERIDAN RICHARDS PAST PRESIDENT 1.00
Officer
$0 $0 $0
KATHY FRENCH EXECUTIVE DIRECTOR 40.00
Officer
$90,578 $0 $90,578
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $530,750 $544,891 $429,449 $-14,141
2024 $561,287 $460,727 $440,905 $100,560
2023 $481,595 $367,737 $339,825 $113,858
2022 $289,266 $267,702 $215,128 $21,564
2021 $337,226 $224,093 $221,577 $113,133
2020 $321,706 $244,507 $90,885 $77,199
2019 $406,405 $473,948 $10,202 $-67,543
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