2024-11-15T07:47:41-06:00 2023-12-31 710650689 HCJ CPAS & ADVISORS PLLC 11025 ANDERSON DRIVE SUITE 300 LITTLE ROCK AR 722122472 990 2023-01-01 710819945 ARKANSAS ECONOMIC ACCELERATION FOUNDATION ARKA 5013749247 200 RIVER MARKET AVENUE SUITE 400 LITTLE ROCK AR 72201 SAM WALLS III PRESIDENT 5013749247 2024-11-11 1 0 NICOLE HOBBS P01236758 5012211000 2024-11-08 2023 2024-10-15 13:58:12Z SAM WALLS III 200 RIVERMARKET AVE SUITE 400 LITTLE ROCK AR 72201 489412 0 X ARCAPITAL.COM/ENTREPRENEURSHIP X 1999 AR TO PROMOTE EDUCATIONAL ACTIVITIES WHICH FOSTER ENTREPRENEURIAL DEVELOPMENT IN ARKANSAS. 5 2 0 2 0 0 210500 489412 8000 0 76 0 0 0 218576 489412 105950 121825 0 0 125568 139394 0 0 0 139732 159644 371250 420863 -152674 68549 51131 65710 59016 5046 -7885 60664 X THE ORGANIZATION PROMOTES EDUCATIONAL ACTIVITIES WHICH FOSTER ENTREPRENEURIAL DEVELOPMENT IN ARKANSAS WITH THE GOAL OF INCREASING BUSINESS STARTUP CREATION AND LEADERSHIP DEVELOPMENT. 1 0 319514 121825 ANNUAL GOVERNOR'S AWARD FOR ENTREPRENEURIAL DEVELOPMENT IN ARKANSAS WHEREBY COLLEGE STUDENTS PRESENT BUSINESS PLANS FOR HYPOTHETICAL BUSINESSES; PLANS ARE JUDGED BY A PANEL OF EXPERTS AND DOLLAR AWARDS ARE PRESENTED TO WINNERS AT THE ANNUAL AWARDS LUNCHEON SUPPORTED BY THE BUSINESS COMMUNITY OF THE STATE. THE ENTITY ALSO SPONSORS A 5TH-8TH GRADE BUSINESS PLAN COMPETITION NAMED YOUTH ENTREPRENEURIAL SHOWCASE (Y.E.S.) FOR ARKANSAS. 17078 THE ORGANIZATION HOSTED AND ORGANIZED THE EDGE SUMMIT, A CONFERENCE FOR HIGHER EDUCATION FACULTY TO LEARN ENTREPRENEURSHIP PEDAGOGICAL BEST PRACTICES AND SHARE RESOURCES AND TOOLS TO DEVELOP ENTREPRENEURIAL STUDENTS. 336592 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 44 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 2 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 AR X DREW SPEED 5013749247 200 RIVER MARKET AVENUE SUITE 400 LITTLE ROCK AR 72201 SAM WALLS III PRESIDENT 1.00 40.00 X X 0 297627 46694 LESLIE LANE VICE PRESIDENT 1.00 40.00 X X 0 265744 32449 MARIE BRUNO SECRETARY 1.00 40.00 X X 0 69718 14963 RUSH DEACON TREASURER 1.00 40.00 X X 0 208384 27716 REBECCA TODD DIRECTOR 0.00 X 0 0 0 DREW SPEED CFO 1.00 40.00 X X 0 121755 18014 TIFFANY HENRY SECRETARY 1.00 40.00 X X 0 40731 1421 KATHLEEN LAWSON DIRECTOR 0.00 X 0 0 0 0 1003959 141257 0 0 1 0 0 180212 309200 489412 489412 0 0 0 121825 121825 113839 80825 33014 8668 6154 2514 8491 6029 2462 8396 5961 2435 9718 9718 10100 10100 17422 7720 9702 9409 3794 5615 6642 1582 5060 21352 11395 9957 85001 81207 3794 420863 336592 84271 0 47781 49597 100 3250 16113 51131 65710 59016 5046 59016 5046 X -31229 -32291 23344 92955 -7885 60664 51131 65710 68549 0 X 0 1 X 0 0 X 264550 376960 288020 210500 489412 1629442 264550 376960 288020 210500 489412 1629442 611255 1018187 308 160 137 76 681 12421 12421 1642544 16000 0.61990 0.58640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MANAGEMENT FEE - 2020 AMOUNT: $ 8,000. OTHER INCOME - 2020 AMOUNT: $ 4,421. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 489412 0 489412 0 489412 420863 0 420863 0 420863 PART X, LINE 2: THE FOUNDATION RECOGNIZES ACCRUED INTEREST AND PENALTIES, IF ANY, ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THEIR INCOME TAX PROVISIONS. THE PAST THREE YEARS OF RETURNS ARE SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES. 0 GOVERNOR'S CUP AWARDS 38 114000 FMV YES FOR ARKANSAS AWARDS 48 7825 FMV X X 0 0 0 0 0 0 0 0 0 SAM WALLS III PRESIDENT 0 237627 0 60000 0 0 0 30510 0 16184 0 344321 0 0 LESLIE LANE VICE PRESIDENT 0 193744 0 72000 0 0 0 26816 0 5633 0 298193 0 0 RUSH DEACON TREASURER 0 158384 0 50000 0 0 0 16005 0 11711 0 236100 0 0 PART I, LINE 3 THE OFFICERS OF ARKANSAS ECONOMIC ACCELERATION FOUNDATION ARE PAID BY ARKANSAS CAPITAL CORPORATION (ACC). COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE. TO DETERMINE COMPENSATION, THE COMPENSATION COMMITTEE UTILIZES OUTSIDE ASSISTANCE FROM THE JOHNSON GROUP, AN INDEPENDENT, PROFESSIONAL COMPANY THAT SPECIALIZES IN COMPENSATION SURVEYS AND RECOMMENDATIONS FOR AMERICAN COMPANIES. THE COMPENSATION ACTUALLY PAID TO OFFICERS AND KEY EMPLOYEES IS WITHIN THE GUIDELINES RECOMMENDED BY THE OUTSIDE CONSULTANT. FORM 990, PART III, LINE 2 THE ORGANIZATION HOSTED AND ORGANIZED THE EDGE SUMMIT, A CONFERENCE FOR HIGHER EDUCATION FACULTY TO LEARN ENTREPRENEURSHIP PEDAGOGICAL BEST PRACTICES AND SHARE RESOURCES AND TOOLS TO DEVELOP ENTREPRENEURIAL STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM IS REVIEWED BY ONE OF THE OFFICERS OF THE COMPANY AND ACC'S CFO PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. ARKANSAS CAPITAL CORPORATION 200 RIVER MARKET AVE SUITE 400 LITTLE ROCK AR 72201 710312420 LENDING AR 501(C)(6) 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 ARKANSAS CAPITAL CORPORATION M 138006 FMV ARKANSAS CAPITAL CORPORATION C 180212 FMV