Nonprofit · EIN 43-2017445
ARKANSAS VIRTUAL ACADEMY
Tax-exempt · LITTLE ROCK, AR 72201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $44,256,422 | $43,864,401 | $392,021 | $3,977,109 | $2,744,720 | $1,232,389 |
| June 30, 2024 | 990 | $34,754,427 | $35,211,874 | -$457,447 | $2,823,365 | $1,982,997 | $840,368 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $44,255,760
- of which government grants
- $44,255,760
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $662
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $10,369,411
- Salaries, compensation and benefits (total)
- $13,348,683
- Professional fundraising fees
- $0
- Legal fees
- $8,805
- Accounting fees
- $25,500
- Occupancy
- $109,616
- Travel
- $143,792
- Program services (functional)
- $33,889,713
- Management and general (functional)
- $9,974,688
Balance sheet and other
- Total assets, start of year
- $2,823,365
- Total assets, end of year
- $3,977,109
- Total liabilities, end of year
- $2,744,720
- Net assets, end of year
- $1,232,389
- Net assets without donor restrictions
- $10,000
- Net assets with donor restrictions
- $1,222,389
- Gross receipts
- $44,256,422
- Employees
- 228
- Volunteers
- 6
- Year formed
- 2003
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESS ASKEW III | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| JOEL EDEL | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| PAIGE GORMAN | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
| GARY MCHENRY | MEMBER Trustee or director | 2 | $0 |
| DANA KELLY | MEMBER Trustee or director | 2 | $0 |
| RODNEY NAGEL | MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESS ASKEW III | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| JOEL EDEL | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| PAIGE GORMAN | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
| GARY MCHENRY | MEMBER Trustee or director | 2 | $0 |
| DANA KELLY | MEMBER Trustee or director | 2 | $0 |
| RODNEY NAGEL | MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 717 W 7TH ST, LITTLE ROCK, AR 72201-4001
- In care of
- % SCOTT SIDES
- Principal officer (990 for 2024)
- JESS ASKEW, 1400 W MARKHAM STREET SUITE 206, LITTLE ROCK, AR 72201
- Signed the 990
- JESS ASKEW, BOARD CHAIR
- Phone
- (501) 664-4225
- Website
- ARVA.K12.COM
- Return prepared by
- LANDMARK PLC CPAS
Mission
SEE SCHEDULE OARKANSAS VIRTUAL ACADEMY WILL SUPPORT, GUIDE, AND ASSIST FAMILIES AND COLLEAGUES IN A POSITIVE WAY THROUGH TEAMWORK TO PROMOTE ACADEMIC GROWTH THAT LEADS TO HIGH ACHIEVEMENT FOR THE ENTIRE ARKANSAS VIRTUAL ACADEMY COMMUNITY. WE WILL DO THIS BY KEEPING SIGHT OF OUR VISION AND EMBRACING CHANGE THROUGH TEAMWORK AND GOOD COMMUNICATION TO ENSURE FAMILY COMMITMENT TO ACCOMPLISH OUR PURPOSE.
Program accomplishments
- OPERATED AN ONLINE CHARTER SCHOOL FOR GRADES K-12. DURING THE YEAR CHILDREN WERE EDUCATED IN LANGUAGE, MATH, SCIENCE, HISTORY, MUSIC, AND OTHER GRADE LEVEL APPROPRIATE COURSES.Expenses $33,889,713
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 43-2017445
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $3,977,109
- Income (IRS master file)
- $44,256,422
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $44,256,422 | $43,864,401 | $3,977,109 | IRS |
| 990 | June 2024 | $34,754,427 | $35,211,874 | $2,823,365 | IRS |
| 990 | June 2023 | $37,932,459 | $38,455,881 | $4,168,028 | IRS |
| 990 | June 2022 | $37,382,788 | $36,860,192 | $5,352,341 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-2017445).
Questions about ARKANSAS VIRTUAL ACADEMY
- What is the EIN of ARKANSAS VIRTUAL ACADEMY?
- The employer identification number (EIN) of ARKANSAS VIRTUAL ACADEMY is 43-2017445.
- Is ARKANSAS VIRTUAL ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to ARKANSAS VIRTUAL ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARKANSAS VIRTUAL ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ARKANSAS VIRTUAL ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARKANSAS VIRTUAL ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ARKANSAS VIRTUAL ACADEMY?
- The 990 for the year ended June 30, 2025 names JESS ASKEW.
- Who are the officers and directors of ARKANSAS VIRTUAL ACADEMY?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does ARKANSAS VIRTUAL ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $44,256,422, expenses of $43,864,401 and total assets of $3,977,109 at year end.
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- LITTLE ROCK CHRISTIAN ACADEMY INC EIN 71-0750151 · last filed 990 for 2025
- PHILANDER SMITH COLLEGE EIN 71-0239729 · last filed 990 for 2023
- PULASKI ACADEMY EIN 71-0424553 · last filed 990 for 2025
- ACCESS GROUP INC EIN 62-1665314 · last filed 990 for 2025
- ARKANSAS PUBLIC SCHOOL RESOURCE CENTER INC EIN 26-2904183 · last filed 990 for 2025
- EPISCOPAL COLLEGIATE SCHOOL EIN 62-1714575 · last filed 990 for 2025