2024-10-17T10:06:45-05:00 2023-12-31 710817652 FROST PLLC 4375 N VANTAGE DRIVE SUITE 403 FAYETTEVILLE AR 72703 990 2023-01-01 311682365 EXCELLERATE FOUNDATION EXCE 4792221240 5111 W JB HUNT DR 120 ROGERS AR 72758 JEFF WEBSTER PRESIDENT 4792221240 2024-10-15 1 0 JANET M PTACEK P00226415 4796954300 2024-10-01 2023 2024-10-15 13:58:12Z JEFF WEBSTER 5111 W JB HUNT DR STE 120 ROGERS AR 72758 6523534 0 X WWW.EXCELLERATEFOUNDATION.COM X 1999 AR EXCELLERATE FOUNDATION IS COMMITTED TO ENSURING THAT ALL RESIDENTS OF NORTHWEST ARKANSAS ARE MENTALLY AND PHYSICALLY HEALTHY, SAFE, AND ECONOMICALLY AND SOCIALLY STABLE. 11 11 33 0 0 0 6967641 6280983 0 0 10857 242551 0 0 6978498 6523534 0 973126 0 0 2568601 3062428 0 0 0 2860215 1337393 5428816 5372947 1549682 1150587 4076172 7364002 1228989 3366232 2847183 3997770 EXCELLERATE FOUNDATION IS COMMITTED TO ENSURING THAT ALL RESIDENTS OF NORTHWEST ARKANSAS ARE MENTALLY AND PHYSICALLY HEALTH, SAFE, AND ECONOMICALLY AND SOCIALLY STABLE. 0 0 4716305 973126 A REGIONAL HUMAN SERVICES SYSTEM WHICH ENSURES THAT EVERYONE IN NORTHWEST ARKANSAS IS AWARE OF AND ABLE TO ACCESS THE SERVICES THEY NEED. 4716305 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 62 0 1 33 1 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR X X JEFF WEBSTER 4792221240 5111 W JB HUNT DR STE 120 ROGERS AR 72758 CELIA SWANSON DIRECTOR 1.00 X 0 0 0 CURTISS SMITH DIRECTOR 1.00 X 0 0 0 HENRY HO CHAIRMAN 1.00 X X 0 0 0 THOMAS HARRIS DIRECTOR 1.00 X 0 0 0 STEPHEN DACUS VICE CHAIR 1.00 X X 0 0 0 JULIO ECHEGOYEN DIRECTOR 1.00 X 0 0 0 TREY CARTER DIRECTOR 1.00 X 0 0 0 KELLY SIKORSKI TREASURER 1.00 X X 0 0 0 MELODY MARTENS DIRECTOR 1.00 X 0 0 0 ROBIN EASON DIRECTOR 1.00 X 0 0 0 RYAN FAUST DIRECTOR 1.00 X 0 0 0 JOSH HALL VP/EXEC DIR 40.00 X 164325 0 19315 JUSTIN FLETCHER VP OF PROGRAMS 40.00 X 198356 0 27103 CAROL MORALES PRESIDENT/CEO UPSKILL 40.00 X 212143 0 29026 SUSAN UPCHURCH CFO 40.00 X 304183 0 36390 JEFF WEBSTER PRESIDENT/CEO 40.00 X 487031 0 42694 SARA ALLBRIGHT DIRECTOR PROGRAMS 40.00 X 105421 0 16531 CHRISTY GUITERREZ DIRECTOR OF TECHNOLOGY, SE 40.00 X 106772 0 18057 ALI JOHNSON MARKETING DIRECTOR 40.00 X 112507 0 15759 1690738 0 204875 8 0 1 0 NORTHGATE HOLDINGS LLC 5100 W JB HUNT DRIVE ROGERS AR 72758 OFFICE LEASE 113626 1 1395260 4885723 6280983 242551 242551 6523534 0 0 242551 300000 300000 673126 673126 1690738 1465774 224964 867050 720912 146138 171030 152784 18246 176768 153186 23582 156842 138440 18402 50917 41404 9513 43060 13486 29574 4850 3794 1056 70728 56846 13882 59788 20124 39664 45828 45828 194442 158533 35909 49393 49393 26083 20699 5384 PROGRAM EXPENSE 563628 563628 PROVIDER NETWORK 129394 124088 5306 STAFF DEVELOPMENT 59973 55108 4865 BOARD DEVELOPMENT 39309 8545 30764 5372947 4716305 656642 0 2516886 422264 84311 806501 34799 69133 617607 313267 310481 304340 4753781 1129695 1007983 4076172 7364002 99294 228330 1129695 3137902 1228989 3366232 X 151620 1128016 2695563 2869754 2847183 3997770 4076172 7364002 1150587 0 X X 0 1 X 1 1 1 X 1857998 3514015 18795524 6883330 5737744 36788611 1857998 3514015 18795524 6883330 5737744 36788611 14628516 22160095 20253 366 10857 242551 274027 37062638 0.59790 0.63970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 283254 120642 162612 334353 192625 141728 304340 VANGUARD INVESTMENT 4753781 C 4753781 OPERATING LEASE RIGHT OF USE ASSET 1007983 1007983 CURRENT PORTION OF OPERATING LEASE 143566 OPERATING LEASE OBLIGATION LESS CURRENT PORTION 864417 UNEARNED GRANTS 2129919 3137902 X 6523534 0 6523534 0 6523534 5372947 0 5372947 0 5372947 PART X, LINE 2: THE FOUNDATION'S POLICY WITH RESPECT TO EVALUATING UNCERTAIN TAX POSITIIONS IS BASED UPON WHETHER MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THE UNCERTAIN TAX POSITIONS WILL BE SUSTAINED UPON REVIEW BY THE TAXING AUTHORITIES, THEN THE FOUNDATION SHALL INITIALLY AND SUBSEQUENTLY MEASURE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE TAX POSITIONS MUST MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD WITH CONSIDERATION GIVEN TO THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON SETTLEMENT USING THE FACTS,CIRCUMSTANCE AND INFORMATION AT THE REPORTING DATE. THE FOUNDATION WILL REFLECT ONLY THE PORTION OF THE TAX BENEFIT THAT WILL BE SUSTAINED UPON RESOLUTION OF THE POSITION AND APPLICABLE INTEREST ON THE PORTION OF THE TAX BENEFIT NOT RECOGNIZED. BASED UPON MANAGEMENT'S ASSEESSMENT THERE ARE NO UNCERTAIN TAX POSITIONS EXPECTED TO HAVE A MATERIAL IMPACT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. 0 GOODWILL INDUSTRIES OF ARKANSAS 7400 SCOTT HAMILTON DR LITTLE ROCK AR 72209 710236903 501(C)3 60000 0 N/A OPERATING LEGAL AID OF ARKANSAS 1200 W WALNUT STE 3101 ROGERS AR 72756 710439977 501(C)3 60000 0 N/A OPERATING SAMARITAN HOUSE COMMUNITY CENTER PO BOX 939 ROGERS AR 72757 043703020 501(C)3 60000 0 N/A OPERATING CREDIT COUNSELING OF ARKANSAS PO BOX 10168 FAYETTEVILLE AR 72703 710772094 501(C)3 60000 0 N/A OPERATING PEACE AT HOME FAMILY SHELTER PO BOX 10946 FAYETTEVILLE AR 72703 710552563 501(C)3 60000 0 N/A OPERATING SCHOLARSHIPS 176 673126 X 0 0 X X 0 0 0 0 0 0 0 0 0 JEFF WEBSTER PRESIDENT/CEO 371374 0 115657 0 0 0 26400 0 16294 0 529725 0 0 0 SUSAN UPCHURCH CFO 247447 0 56736 0 0 0 24335 0 12055 0 340573 0 0 0 CAROL MORALES PRESIDENT/CEO UPSKILL 182000 0 30143 0 0 0 16971 0 12055 0 241169 0 0 0 JUSTIN FLETCHER VP OF PROGRAMS 160542 0 37814 0 0 0 15869 0 11234 0 225459 0 0 0 JOSH HALL VP/EXEC DIR 139185 0 25140 0 0 0 13146 0 6169 0 183640 0 0 0 PART I, LINE 1A THE FOUNDATION PROVIDES A SOCIAL MEMBERSHIP TO THE PRESIDENT/CEO. PART I, LINE 1B THIS MEMBERSHIP IS PROVIDED BY THE FOUNDATION AND IS USED TO PROMOTE THE FOUNDATION'S PHILANTHROPICAL PURPOSE. FORM 990, PART VI, SECTION A, LINE 1A COMMITTEES HAVE NO AUTHORITY TO ACT ON BEHALF OF THE BOARD EXCEPT AS SPECIFICALLY AUTHORIZED IN WRITING BY THE BOARD ON PARTICULAR ITEMS OR ISSUES. FORM 990, PART VI, SECTION A, LINE 2 STEPHEN DACUS, BOARD MEMBER, IS BROTHER-IN-LAW OF JOSH HALL, VP/EXEC DIR FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY A THIRD PARTY CPA FIRM, REVIEWED BY THE PRESIDENT, CFO AND FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND STAFF ARE PROVIDED WITH AND ACKNOWLEDGE RECEIPT OF THE CONFLICT OF INTEREST STATEMENT ANNUALLY. DIRECTORS ANNUALLY DISCLOSE POTENTIAL CONFLICTS AND ARE REQURED TO DECLARE ACTUAL CONFLICTS AT BOTH BOARD AND COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE SETS THE CEO'S SALARY BASED ON THE RESULTS OF INDUSTRY SALARY SURVEYS AND LOCAL ECONOMIC FACTORS AND OTHER LARGE EMPLOYERS IN THE REGION FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. ALL OTHER DOCUMENTS REFERENCED ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. EXCELLERATE FOUNDATION CHARITABLE SUPPORT 5111 W JB HUNT DR STE 110 ROGERS AR 72758 710255776 GRANTMAKING FOUNDATION AR 501C3 11 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EXCELLERATE FOUNDATION CHARITABLE SUPPORT Q 72000 EXCELLERATE FOUNDATION CHARITABLE SUPPORT C 4150000