PLATINUM2023

AR Kids Read

We. Read. Together.

Little Rock, AR   |  http://www.arkidsread.org
GuideStar Charity Check

AR Kids Read

EIN: 46-1477513


Mission

AR Kids Read mission is to nurture a love for reading through relationships. We equip, train, and mobilize volunteer tutors to empower Arkansas students.

Ruling year info

2013

Executive Director

Kathy French

Main address

PO Box 22701

Little Rock, AR 72221 USA

Show more contact info

EIN

46-1477513

Subject area info

Equal opportunity in education

Elementary education

Reading promotion

Tutoring

Unknown or not classified

Population served info

Children and youth

Economically disadvantaged people

NTEE code info

Unknown (Z99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

One on One Tutoring

This volunteer-based literacy intervention provides students reading below grade level with trained tutors who meet one-on-one with two students once a week for 30 minutes each. Tutors provide students with opportunities to read by using tutoring methods based on the five pillars of literacy.

Population(s) Served
Children and youth
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Hours of tutoring administered

This metric is no longer tracked.
Totals By Year
Related Program

One on One Tutoring

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of students who received tutoring

This metric is no longer tracked.
Totals By Year
Related Program

One on One Tutoring

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of volunteers

This metric is no longer tracked.
Totals By Year
Related Program

One on One Tutoring

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total number of partner sites (in school and afterschool)

This metric is no longer tracked.
Totals By Year
Related Program

One on One Tutoring

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Financials

AR Kids Read
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

21.59

Average of 16.31 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

8.7

Average of 4.3 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

12%

Average of 2% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

AR Kids Read

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

AR Kids Read

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

AR Kids Read

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of AR Kids Read’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation -$67,543 $22,751 $167,581 $21,269 $114,180
As % of expenses -14.3% 9.3% 74.8% 7.9% 31.0%
Unrestricted surplus (deficit) after depreciation -$67,543 $22,751 $167,581 $21,269 $114,180
As % of expenses -14.3% 9.3% 74.8% 7.9% 31.0%
Revenue composition info
Total revenue (unrestricted & restricted) $406,405 $321,706 $337,226 $289,266 $481,595
Total revenue, % change over prior year -9.8% -20.8% 4.8% -14.2% 66.5%
Program services revenue 1.2% 0.0% 0.0% 0.0% 16.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.3% 0.0% 0.0%
Government grants 20.7% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 0.0% 96.8% 96.7% 99.9% 83.9%
Other revenue 78.1% 3.2% 3.0% 0.1% 0.0%
Expense composition info
Total expenses before depreciation $473,948 $244,507 $224,093 $267,702 $367,737
Total expenses, % change over prior year -1.8% -48.4% -8.3% 19.5% 37.4%
Personnel 39.6% 42.3% 57.5% 51.5% 65.1%
Professional fees 3.3% 3.8% 3.9% 4.0% 4.8%
Occupancy 1.9% 1.5% 0.9% 1.0% 0.2%
Interest 0.0% 0.0% 0.3% 0.2% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 55.2% 52.4% 37.4% 43.3% 30.0%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $473,948 $244,507 $224,093 $267,702 $367,737
One month of savings $39,496 $20,376 $18,674 $22,309 $30,645
Debt principal payment $0 $0 $0 $25,000 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $513,444 $264,883 $242,767 $315,011 $398,382

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 0.1 4.2 11.7 7.8 8.7
Months of cash and investments 0.1 4.2 11.7 8.1 8.9
Months of estimated liquid unrestricted net assets 0.0 1.1 10.2 9.5 10.6
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $3,400 $84,834 $218,912 $174,035 $265,322
Investments $0 $0 $0 $5,777 $6,098
Receivables $0 $237 $58 $26,669 $23,900
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 96.4% 14.7% 13.9% 1.5% 4.0%
Unrestricted net assets $368 $23,119 $190,700 $211,969 $326,149
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $54,448 $0 $0 $0
Total net assets $368 $77,567 $190,700 $211,969 $326,149

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Kathy French

Number of employees

Source: IRS Form 990

AR Kids Read

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

AR Kids Read

Board of directors
as of 12/05/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Sheridan Richards

UAMS


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Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 11/21/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 11/22/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.