VILLAGE PLACE

EIN: 824519199 501(c)(3) Community Improvement

LITTLE ROCK, AR

Total Revenue
$258,183
Total Expenses
$258,201
Total Assets
$13,910
Net Assets
$13,910
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AR
Principal Officer
Billie Woods
Phone
5013193661
Tax Period
2024-02-01 to 2025-01-31

VILLAGE PLACE, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2024. Revenue surged 110% from the prior year, signaling strong growth momentum.

Mission

We strive to create a supportive and inclusive community for youth in Arkansas. Our team consists of a diverse group of professionals with varying perspectives and experiences who have come together with a common goal in mind - to provide accessible resources and programs to our community. We believe in the power of collectivism to create change and every day we work together to inspire educate and act as a catalyst for the collective power of BIPOC youth to create more equitable and sustainable communities.

Program Service Accomplishments

Program 1
Expenses: $100,522 Revenue: $0

ELL Program: The Experiential Learning Lab ELL Program is a paid internship initiative that provides opportunities for BIPOC students in Little Rock AR to explore various trades and careers. Our...

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ELL Program: The Experiential Learning Lab ELL Program is a paid internship initiative that provides opportunities for BIPOC students in Little Rock AR to explore various trades and careers. Our program partners with local businesses delivering an immersive experience that allows youth to gain insights into how a particular industry works. We offer a comprehensive curriculum which combines both classroom learning and on-the-job training giving them a unique opportunity to gain essential skills. Our program is dedicated to creating a positive impact on our students lives. Over thirty students received no-cost OSHA-10 training and access to workforce development.

Program 2
Expenses: $100,000 Revenue: $0

Our Voices: Media art and storytelling have the power to magnify blaring inequities generate questions catalyze social innovation and instigate urgent transformation. Through Our Voices we challenge...

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Our Voices: Media art and storytelling have the power to magnify blaring inequities generate questions catalyze social innovation and instigate urgent transformation. Through Our Voices we challenge injustice by empowering youth to become systems change-makers in the form of narrative and story strategists artists and community organizers using creative outlets to advance creative solutions and problem-solving strategies. Students also experience history through a hands-on approach traveling to landmarks throughout the country. Students created a 140-page publication that encouraged positive narratives about young people in our community.

Program 3
Expenses: $22,250 Revenue: $0

DreamSpace: DreamSpace is more than just a project - its a movement. In a world facing complex challenges we need a new way of thinking and collaborating. Thats where DreamSpace comes in. This...

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DreamSpace: DreamSpace is more than just a project - its a movement. In a world facing complex challenges we need a new way of thinking and collaborating. Thats where DreamSpace comes in. This innovative initiative brings together minds from the community to envision and build a better present and future. Imagine a dynamic inclusive space where creativity meets problem-solving and ideas transform into real-world solutions. By joining DreamSpace youll be at the heart of this transformative process contributing your unique perspectives and skills to make a meaningful impact.

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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 (2024)

Revenue Breakdown

Contributions & Grants $258,183
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $258,183

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $222,772
Other Expenses $258,201
TOTAL EXPENSES $258,201

Year-over-Year Comparison

2024 2023 Change
Revenue $258,183 $122,680 +1.1%
Expenses $258,201 $117,532 +1.2%
Net Income $-18 $5,148 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
20

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
0
$0
Total Directors
6
$35,658
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Naomi Cottoms Board President 5.00
Director
$0 $0 $0
Billy Thomas Board Vice President 5.00
Director
$0 $0 $0
Stephen Schafer Board Treasurer 5.00
Director
$0 $0 $0
Gladys Johnson Legal Strategist 2.00
Director
$0 $0 $0
Crandall Miller Admin Support 2.00
Director
$0 $0 $0
Billie Woods Executive Director 40.00
Director
$35,658 $0 $35,658
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 $258,183 $258,201 $13,910 $-18
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