THE LEARNING CENTER OF NORTH ARKANSAS

EIN: 710461532 501(c)(3) Education

BERRYVILLE, AR

Total Revenue
$7,487,267
Total Expenses
$7,008,571
Total Assets
$12,625,020
Net Assets
$11,977,647
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
AR
Principal Officer
KARLA GRAY
Phone
8704233000
Tax Period
2022-07-01 to 2023-06-30

THE LEARNING CENTER OF NORTH ARKANSAS, founded in 1972, is a community nonprofit in the Education sector that reported $7.5M in total revenue in fiscal year 2022. Expenses of $7.0M left a modest 6% surplus.

Mission

CONTINUE EMPLOYING NEW PROGRAMS, SERVICES, STAFF AND OTHER OPTIONS TO PARENTS AND CONSUMERS IN OUR ATTEMPT TO PROVIDE A WIDER VARIETY OF SERVICES TO THE RESIDENTS OF CARROLL COUNTY, WHILE PREPARING FOR THE FUTURE WITH LONG-RANGE GOALS FOR THE CENTER IN BUILDING CONSTRUCTION AND RENOVATION AND INCREASING ENROLLMENT IN SERVICES OFFERED. THE LEARNING CENTER OF NORTH ARKANSAS WILL CONTINUE TO FOSTER THE CONTINUED DEVELOPMENT OF THE INDIVIDUAL?S ONGOING SOCIAL, EMOTIONAL, BEHAVIORAL, AND EDUCATIONAL NEEDS.

Program Service Accomplishments

Program 1
Expenses: $187,590

ARKANSAS BETTER CHANCE PROGRAM - TO IDENTIFY AND ASSIST EDUCATIONALLY DEPRIVED CHILDREN AGES 3 TO 5. STUDENTS ENROLLED IN THIS PROGRAM RECEIVE FREE CHILDCARE SERVICES WHICH FOLLOW A DESIGNATED...

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ARKANSAS BETTER CHANCE PROGRAM - TO IDENTIFY AND ASSIST EDUCATIONALLY DEPRIVED CHILDREN AGES 3 TO 5. STUDENTS ENROLLED IN THIS PROGRAM RECEIVE FREE CHILDCARE SERVICES WHICH FOLLOW A DESIGNATED CURRICULUM ON A DAILY SCHEDULE. THE SCHEDULE INCLUDES OUTDOOR PLAY AND THE CHILDREN ARE SERVED BREAKFAST, LUNCH, AND SNACKS. OVER 100,000 MEALS FOR BOTH BREAKFAST AND LUNCH WERE SERVED DURING THE 2021 FISCAL YEAR. CURRENTLY THERE ARE MORE THAN 350 CHILDREN BIRTH TO 5 YEARS OF AGE ENROLLED IN THE CHILDARE PROGRAMS.

Program 2
Expenses: $5,335,473 Revenue: $6,729,390

PROVIDE SPECIALIZED SERVICES TO DEVELOPMENTALLY DELAYED/DISABLED PRESCHOOLERS AND ADULTS RESIDING IN NORTH ARKANSAS. OVER 9,000 HOURS OF DEDICATED HABILITATION SERVICES WERE PROVIDED TO THE ADULTS...

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PROVIDE SPECIALIZED SERVICES TO DEVELOPMENTALLY DELAYED/DISABLED PRESCHOOLERS AND ADULTS RESIDING IN NORTH ARKANSAS. OVER 9,000 HOURS OF DEDICATED HABILITATION SERVICES WERE PROVIDED TO THE ADULTS ENROLLED IN THE PROGRAM DURING THE 2021 FISCAL YEAR. ADDITIONALLY, OVER 163,000 HOURS OF HABILITATION SERVICES WERE PROVIDED IN THE PRESCHOOL SERVICES. SOME OF THE CHILDREN RECEIVING HABILITATION SERVICES WERE ALSO ENROLLED IN THE ARKANSAS BETTER CHANCE PROGRAM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $709,862
Program Service Revenue $6,546,421
Investment Income $48,015
Other Revenue $182,969
TOTAL REVENUE $7,487,267

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,550,126
Fundraising Expenses $0
Program Expenses $5,523,063
Other Expenses $3,458,445
TOTAL EXPENSES $7,008,571

Year-over-Year Comparison

2022 2021 Change
Revenue $7,487,267 $7,674,461 0.0%
Expenses $7,008,571 $6,376,507 +0.1%
Net Income $478,696 $1,297,954 -0.6%
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
5
Independent Members
5
Employees
150
Volunteers
6

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
4
$168,010
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZETTE MAYNARD PRESIDENT 1.00
Officer Director
$0 $0 $0
CATRINA CHESTER VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
JOAN SMITH SECRETARY 1.00
Officer Director
$0 $0 $0
MARIBEE DUDLEY MEMBER 1.00
Director
$0 $0 $0
CHRISTY WHITELEY MEMBER 1.00
Director
$0 $0 $0
KARLA GRAY EXECUTIVE DIRECTOR 40.00
Officer
$155,000 $13,010 $168,010
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 No data No data No data No data
2024 No data No data No data No data
2023 $7,487,267 $7,008,571 $12,625,020 $478,696
2022 $7,674,461 $6,376,507 $11,914,067 $1,297,954
2021 $6,445,981 $5,286,938 $10,901,776 $1,159,043
2020 $4,252,794 $4,662,009 $9,472,139 $-409,215
2019 $5,806,330 $5,117,922 $9,497,335 $688,408
2018 $4,579,823 $4,318,615 $8,928,929 $261,208
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