2025-11-12T12:55:41-06:00 2024-12-31 710355269 LANDMARK PLC CPAS 200 W CAPITOL AVE SUITE 1700 LITTLE ROCK AR 72201 990 2024-01-01 832312317 ARKANSAS CENTER FOR DATA SCIENCES ARKA 5015000811 500 PRESIDENT CLINTON AVE SUITE 2 LITTLE ROCK AR 72201 WILLIAM R YODER EXECUTIVE DIRECTOR 5015000811 2025-11-11 1 1 RANDY L MILLIGAN CPA P00943582 5013752025 2024 2025-03-06 01:10:19Z WILLIAM R YODER 500 PRESIDENT CLINTON AVE SUITE 215 LITTLE ROCK AR 72201 2805936 0 X WWW.ACDS.CO X 2018 AR TO CONNECT EMPLOYERS WITH CAREER SEEKERS TO HELP THEM ATTRACT, TRAIN, AND RETAIN TOP TALENT WHILE ALSO CONTRIBUTING TO THE GROWTH OF THEIR INDUSTRY AND LOCAL ECONOMY. 5 5 57 5 0 0 2823201 2801921 1300 1750 1870 2265 0 0 2826371 2805936 0 7500 0 0 1876259 1981823 0 0 36937 948606 932070 2824865 2921393 1506 -115457 524856 696498 1247 881624 523609 -185126 X INCREASE NUMBER OF IT, ADVANCED MANUFACTURING, TRANSPORTATION & LOGISTICS, HEALTHCARE, AND ENERGY PROFESSIONALS PRODUCED BY ARKANSAS EDUCATIONAL INSTITUTIONS & EMPLOYED BY ARKANSAS CORPORATIONS. OUR VISION IS FOR ARKANSAS TO BECOME A GLOBAL LEADER IN TRANSFORMATION OF EXISTING INDUSTRIES THROUGH APPLICATION OF DATA ANALYTICS & RELATED COMPUTING CAPABILITIES INVOLVING INTEGRATION OF TECHNOLOGY & BUSINESS SKILLS. 0 0 2778448 7500 1750 THE ARKANSAS CENTER FOR DATA SCIENCES (ACDS) PROVIDES SERVICES TO EMPLOYERS NEEDING SPECIFIC SKILLS TO MAINTAIN AND GROW THEIR BUSINESSES. IN 2023 ACDS WAS ASKED TO CONTINUE WITH THE IT SECTOR, BUT ALSO BEGIN TO WORK WITH EMPLOYERS IN ADVANCED MANUFACTURING, TRANSPORTATION & LOGISTICS, HEALTHCARE, AND ENERGY. ACDS PROVIDES THE EMPLOYERS A SUPPLEMENTAL STAFFING STRATEGY USING THE REGISTERED APPRENTICESHIP PROGRAM. AT THE END OF 2024, ACDS GREW THE IT SECTOR, HAD SIGNIFICANT OUTCOMES IN THE NEW SECTORS, AND A GROWING PIPELINE. THE NUMBER OF APPRENTICES GREW FROM 388 IN 2023 TO 710 IN 2024, AND THE NUMBER OF PARTICIPATING EMPLOYERS GREW FROM 145 IN 2023 TO 183 IN 2024. THE ACDS GOAL TO SCALE TO 400 APPRENTICES AND 100 EMPLOYERS HAS BEEN FAR EXCEEDED AS WE WRITE THIS IN NOVEMBER OF 2025. THE ROI FOR EMPLOYERS, THE LIFE CHANGING CAREERS FOR THE APPRENTICES AND THEIR FAMILIES, AND THE ECONOMIC IMPACT OF THE NEW WAGES IN ARKANSAS IS SIGNIFICANT. ACDS DEVELOPS THE TALENT APPLICATIONS BY ASSESSING, OFFERING FREE PRE-APPRENTICESHIP TRAINING, RESUME COACHING, AND MOCK INTERVIEWS. WE TAKE THE CANDIDATES WHERE THEY ARE CURRENTLY AND PREPARE THEM TO BE EMPLOYER READY. TODAY WE HAVE APPROXIMATELY 1,500 ACTIVE CANDIDATES, AND WE CONTINUE TO HAVE ALMOST 1,000 ACTIVE APPRENTICES.ACDS WORKS DIRECTLY WITH THE EMPLOYERS UNDERSTANDING THE SKILLS THEY NEED. ACDS WORKS WITH THE TALENT POOL AND PROVIDES PRE-APPRENTICESHIP TRAINING, WORK BASED LEARNING INTERNSHIPS, 48 IN 2024 WITH 80% BEING OFFERED FULL-TIME EMPLOYMENT AFTER THE INTERNSHIP.THE MONTHLY NEWSLETTER CONTINUES TO PLAN AN IMPORTANT ROLE FOR EDUCATION AND COMMUNICATION. THE NUMBER OF SUBSCRIBERS HAS GROWN FROM 8,800 IN 2023 TO 10,600 IN 2024. THE NUMBER OF SOCIAL MEDIA FOLLOWERS HAS GROWN FORM 4,109 IN 2023 TO 5,800 IN 2024.THE TALENT DEVELOPMENT TEAM HAD 5,589 INDIVIDUAL APPLICATIONS. IN 2024, THAT NUMBER WAS 5,589 BRINGING OUR TOTAL TO-DATE TO 22,531.THE UNIFIED COMMUNITY APPRENTICESHIP TEAM (UCAT), NOW THE APPRENTICESHIP EXPANSION TEAM, CONTINUED TO MEET MONTHLY IN 2024. THIS TEAM HAS EVOLVED TO AND ITS MISSION HAS BECOME THE STATEWIDE APPRENTICESHIP EXPANSION MEETING NOW WEEKLY.THE DEPARTMENT OF LABOR CONTINUED TO COMPLIMENT THE ACDS OUTCOMES THAT ARE BEING REPORTED QUARTERLY. ACDS BENEFITED FROM THE DEPARTMENT OF LABOR FORMULA FUNDING, STATE APPRENTICE EXPANSION FUNDING GRANTS, THAT THE STATE OF ARKANSAS DEPARTMENT OF COMMERCE FUNDED THROUGH THE DIVISION OF THE OFFICE OF SKILLS DEVELOPMENT. TWO NEW ACDS RESOURCES WERE ADDED TO FOCUS ON THE NEW SECTORS. 2778448 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 57 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AR X WILLIAM R YODER 5015000811 500 PRESIDENT CLINTON AVE SUITE 215 LITTLE ROCK AR 72201 WILLAM R YODER EXECUTIVE DIRECTOR 40.00 X 200000 0 4568 LONNIE EMARD DIRECTOR OF APPRENTICESHIP 40.00 X 205967 0 8434 CHARLES MORGAM CHAIRMAN 1.00 X 0 0 0 MICHAEL PRESTON DIRECTOR 1.00 X 0 0 0 WARREN STEPHENS DIRECTOR 1.00 X 0 0 0 SCOTT SPRADLEY DIRECTOR 1.00 X 0 0 0 THOMAS REILLEY DIRECTOR 1.00 X 0 0 0 405967 0 13002 2 0 1 0 0 2159549 642372 2801921 TECH CONSULTING 541519 1750 1750 1750 2265 2265 2805936 1750 0 2265 X 7500 7500 418968 389640 20949 8379 1308658 1241215 48173 19270 129927 120833 6496 2598 124270 115571 6214 2485 713 713 10575 10575 739888 731274 6153 2461 24522 22805 1226 491 54324 50522 2716 1086 789 734 39 16 2538 2538 7467 6944 374 149 REIMBURSEMENTS 56860 56860 MISCELLANEOUS EXPENSE 33748 33748 EQUIPMENT RENT 420 420 BANK SERVICE CHARGE 100 100 126 89 35 2 2921393 2778448 106008 36937 520701 184527 0 71742 0 422620 1617 15071 7614 5076 2538 2538 524856 696498 0 84827 0 796797 1247 0 1247 881624 X 523609 -185126 523609 -185126 524856 696498 X -115457 -593278 X X 0 1 X 1 0 X 1756305 1592259 2651469 2823201 2801921 11625155 1756305 1592259 2651469 2823201 2801921 11625155 986710 10638445 1233 866 948 1870 2265 7182 11632337 0.91460 0.93550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7614 5076 2538 2538 X 2805936 0 2805936 0 2805936 2921393 0 2921393 0 2921393 PART X, LINE 2: ARKANSAS CENTER FOR DATA SCIENCES IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. ACCOUNTING STANDARDS REQUIRE THE ORGANIZATION TO EVALUATE TAX POSITIONS AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION MAY BE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 THE VENTURE CENTER 417 MAIN ST LITTLE ROCK AR 72201 464108871 7500 0 ENTERPRENEURIAL SUPPORT 0 1 X 0 0 0 0 0 0 0 0 0 WILLAM R YODER EXECUTIVE DIRECTOR 200000 0 0 0 0 0 0 0 4568 0 204568 0 0 0 LONNIE EMARD DIRECTOR OF APPRENTICESHIP 205967 0 0 0 0 0 0 0 8434 0 214401 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B RETURN WAS PROVIDED TO EXECUTIVE DIRECTOR TO REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICER IS AWARE OF THE CONFLICT OF INTEREST POLICY AND MONITORS TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G TRAINING PARTNERS: PROGRAM SERVICE EXPENSES 614,447. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 614,447. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,390. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,390. CONTRACTOR FEES: PROGRAM SERVICE EXPENSES 114,437. MANAGEMENT AND GENERAL EXPENSES 6,153. FUNDRAISING EXPENSES 2,461. TOTAL EXPENSES 123,051. FORM 990, PART XI, LINE 9: CHANE IN ACCOUNTING METHOD -593,278. FORM 990, PART XII, LINE 1 THE ORGANIZATION CHANGED ITS ACCOUNTING METHOD FROM CASH TO ACCRUAL FOR THE CURRENT YEAR. AS A RESULT, A NET ASSET ADJUSTMENT OF $593,278 WAS RECORDED IN PART XI, LINE 9 TO REFLECT THE CUMULATIVE IMPACT OF THE METHOD CHANGE.