Nonprofit · EIN 45-2973628
EXALT EDUCATION INC
Tax-exempt (reinstated) · LITTLE ROCK, AR 72207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,258,337 | $1,058,810 | $199,527 | $1,152,164 | $198,708 | $953,456 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,245,750
- Investment income
- $12,587
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $170,000
- Other salaries and wages
- $624,489
- Salaries, compensation and benefits (total)
- $901,594
- Professional fundraising fees
- $0
- Accounting fees
- $56,461
- Travel
- $7,270
- Program services (functional)
- $759,787
- Management and general (functional)
- $299,023
Balance sheet and other
- Total assets, start of year
- $911,138
- Total assets, end of year
- $1,152,164
- Total liabilities, end of year
- $198,708
- Net assets, end of year
- $953,456
- Net assets without donor restrictions
- $945,456
- Net assets with donor restrictions
- $8,000
- Gross receipts
- $1,258,337
- Employees
- 5
- Volunteers
- 6
- Year formed
- 2014
- 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 |
|---|---|---|---|
| Christina Long | CAO Officer | 40 | $148,000 |
| Randy Zemke | CFO Officer | 8 | $22,000 |
| Remington Hicks | Chairman Trustee or director, Officer | 1 | $0 |
| Jeff Laux | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Marteze Hammonds | Secretary Treasurer Trustee or director, Officer | 1 | $0 |
| Alexandra Boyd | Board Member Trustee or director | 1 | $0 |
| Megan Tiede | Board Member Trustee or director | 1 | $0 |
| Peter Snyder | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1818 N TAYLOR STREET PMB 353, LITTLE ROCK, AR 72207-4639
- In care of
- % CHRISTIAN YARBERRY
- Principal officer (990 for 2024)
- Randy Zemke, 371 WAGON WHEEL LN, CHASKA, MN 55318
- Signed the 990
- Randy Zemke, Chief Financial Officer
- Phone
- (952) 374-8268
Mission
Exalts mission is to prepare students from underserved communities for competitive colleges and universities.
Program accomplishments
- Manage Exalt Academy of Southwest Little Rock in the state of Arkansas. The student enrollment has increased year over year with the 2024 - 2025 average enrollment ending the year at 763 students. Exalt has increased the number of students receiving English Language Learner services. Exalt had 541 Students take the English Language Proficiently Assessment more than any previous year. The office for education policy has awarded Exalt with the honor of Best Growth Scores Overall from the University of Arkansas with a top 20 ranking based on overall growth on the ATLAS state test. Additionally Exalt was awarderd with the honor of Best Growth Math Overall form the University of Arkansas with a top 10 ranking based on math growth on the ATLAS state test.Expenses $759,787 · revenue $1,245,750
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 | Check at the IRS |
IRS record
- EIN
- 45-2973628
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B02)
- Assets (IRS master file)
- $1,152,164
- Income (IRS master file)
- $1,258,337
Revocation and reinstatement
- Exemption revoked
- November 15, 2023
- Posted by the IRS
- March 11, 2024
- Reinstated
- Effective November 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,258,337 | $1,058,810 | $1,152,164 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990 | June 2017 | – | – | – | 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 45-2973628).
Questions about EXALT EDUCATION INC
- What is the EIN of EXALT EDUCATION INC?
- The employer identification number (EIN) of EXALT EDUCATION INC is 45-2973628.
- Is EXALT EDUCATION INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2023 and reinstated it effective November 15, 2023.
- Are donations to EXALT EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EXALT EDUCATION INC 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 EXALT EDUCATION INC 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 EXALT EDUCATION INC 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 EXALT EDUCATION INC?
- The 990 for the year ended June 30, 2025 names Randy Zemke.
- Who are the officers and directors of EXALT EDUCATION INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 2 received compensation from the organization, the highest $148,000 (Christina Long, CAO).
- How much revenue does EXALT EDUCATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,258,337, expenses of $1,058,810 and total assets of $1,152,164 at year end.
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