ARKANSAS NETWORK LEARNING INC

EIN: 872127979 501(c)(3) Education

Maumelle, AR

Total Revenue
$315,461
Total Expenses
$267,334
Total Assets
$48,127
Net Assets
$48,127
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
AR
Tax Period
2023-01-01 to 2023-12-31

ARKANSAS NETWORK LEARNING INC, founded in 2022, is a small nonprofit in the Education sector that reported $315K in total revenue in fiscal year 2023. The organization ran a surplus of $48K, a strong 15% operating margin.

Mission

HELPING INDIIDUAL WHO FAILED TO GRADUATE FROM HIGH SCHOLL EARNED THEIR DIPLOMA INSTEAD OF A GED CERTIFICATE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $315,461
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $315,461

Expense Breakdown

Grants Paid $0
Salaries & Benefits $187,070
Fundraising Expenses $0
Program Expenses $267,334
Other Expenses $80,264
TOTAL EXPENSES $267,334

Year-over-Year Comparison

2023 2022 Change
Revenue $315,461 N/A N/A
Expenses $267,334 N/A N/A
Net Income $48,127 N/A N/A
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRETT SMITH TRES 0.00
Officer
$0 $0 $0
CHRISTY RAATZ SEC 0.00
Officer
$0 $0 $0
MICHAEL OLEARY CEO 20.00
Officer
$0 $0 $0
CATHERINE HAYES PRESIDENT 0.00
Officer
$0 $0 $0
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
2023 $315,461 $267,334 $48,127 $48,127
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