LITTLE LIFE ACADEMY OF ARKANSAS INC

EIN: 880574446 501(c)(3) Education

CONWAY, AR

Total Revenue
$3,373,120
Total Expenses
$2,986,864
Total Assets
$1,174,012
Net Assets
$575,065
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
AR
Principal Officer
AARON KRUSE
Phone
5013285117
Tax Period
2024-01-01 to 2024-12-31

LITTLE LIFE ACADEMY OF ARKANSAS INC, founded in 2022, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2022. Expenses of $1.5M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO CONDUCT PRESCHOOL EDUCATION WITH A CHRIST-CENTERED WORLDVIEW TO HONOR AND GLORIFY JESUS

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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 $0
Program Service Revenue $3,320,213
Investment Income $34,515
Other Revenue $18,392
TOTAL REVENUE $3,373,120

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,498,817
Fundraising Expenses $0
Program Expenses $2,945,052
Other Expenses $488,047
TOTAL EXPENSES $2,986,864

Year-over-Year Comparison

2024 2023 Change
Revenue $3,373,120 $3,268,022 +0.0%
Expenses $2,986,864 $2,963,653 +0.0%
Net Income $386,256 $304,369 +0.3%
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
6
Independent Members
6
Employees
141
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
3
$0
Total Directors
3
$69,755
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA GABBARD MEMBER 40.00
Director
$69,755 $0 $69,755
NICHEYTA RAINO MEMBER 1.00
Director
$0 $0 $0
CHARLOTTE PARHAM MEMBER 1.00
Director
$0 $0 $0
AARON KRUSE PRESIDENT 1.00
Officer
$0 $0 $0
COURTNEY LEACH TREASURER 1.00
Officer
$0 $0 $0
BRIDGET KEYLOR SECRETARY 1.00
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
2024 $3,373,120 $2,986,864 $1,174,012 $386,256
2022 $1,331,713 $1,547,273 $470,734 $-215,560
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