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Nonprofit · EIN 46-1066035

ARROW ACADEMY OF EXCELLENCE

Tax-exempt · MEMPHIS, TN 38111

Financials

$1.6M$1.6M2023$1.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of ARROW ACADEMY OF EXCELLENCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,362,719$1,639,459-$276,740$589,305$419,015$170,290
June 30, 2024990$1,593,397$1,599,481-$6,084$1,348,871$901,841$447,030
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$335,438
of which government grants
$108,524
Program service revenue
$971,042
Investment income
$56,239
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$910,302
Salaries, compensation and benefits (total)
$1,074,506
Professional fundraising fees
$0
Accounting fees
$59,100
Occupancy
$176,409
Travel
$4,720
Depreciation
$45,875
Program services (functional)
$933,826
Management and general (functional)
$705,633

Balance sheet and other

Total assets, start of year
$1,348,871
Total assets, end of year
$589,305
Total liabilities, end of year
$419,015
Net assets, end of year
$170,290
Land, buildings and equipment
$205,383
Net assets without donor restrictions
$170,290
Gross unrelated business income
$56,239
Gross receipts
$1,362,719
Employees
22
Year formed
2013
State of legal domicile
TN

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.

NameTitleHours / weekCompensation
BARBARA CONWAYBoard Chair
Officer
1$0
DEREK HENSONVice Chair
Officer
1$0
LORETTA WEBBERTreasurer
Officer
1$0
LAJOYCE HARRISSecretary
Officer
1$0
REGINA FINNIEBoard Member
Officer
1$0
PRESTON KINGBoard Member
Officer
1$0
CURTIS TURNERBoard Member
Officer
1$0
CHRIS CHERRYBoard Member
Officer
1$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
BARBARA CONWAYBoard Chair
Officer
1$0
DEREK HENSONVice Chair
Officer
1$0
LORETTA WEBBERTreasurer
Officer
1$0
LAJOYCE HARRISSecretary
Officer
1$0
REGINA FINNIEBoard Member
Officer
1$0
PRESTON KINGBoard Member
Officer
1$0
CURTIS TURNERBoard Member
Officer
1$0
CHRIS CHERRYBoard Member
Officer
1$0

Address and contacts

Address (IRS master file)
645 SEMMES ST, MEMPHIS, TN 38111-2201
In care of
% BARBARA CONWAY
Principal officer (990 for 2024)
Barbara Conway, 645 Semmes St, Memphis, TN 38111
Signed the 990
BARBARA CONWAY, Board Chair
Phone
(901) 207-1891
Return prepared by
KAM FINANCIAL SERVICES PLLC

Mission

Provide a nurturing learning environment where academic and personal excellence promote the development of literacy, numeracy, and social skills that help build a foundation for a successful future.

990 for the year ended June 30, 2025

Program accomplishments

  • Provide basic education for grades K-5.

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-1066035
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$589,305
Income (IRS master file)
$1,362,719

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,362,719$1,639,459$589,305IRS
990June 2024$1,593,397$1,599,481$1,348,871XML
990June 2023$1,500,987$1,429,912$1,255,584IRS
990June 2022–––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 46-1066035).

Questions about ARROW ACADEMY OF EXCELLENCE

What is the EIN of ARROW ACADEMY OF EXCELLENCE?
The employer identification number (EIN) of ARROW ACADEMY OF EXCELLENCE is 46-1066035.
Is ARROW ACADEMY OF EXCELLENCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to ARROW ACADEMY OF EXCELLENCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARROW ACADEMY OF EXCELLENCE 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 ARROW ACADEMY OF EXCELLENCE 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 ARROW ACADEMY OF EXCELLENCE 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 ARROW ACADEMY OF EXCELLENCE?
The 990 for the year ended June 30, 2025 names Barbara Conway.
Who are the officers and directors of ARROW ACADEMY OF EXCELLENCE?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does ARROW ACADEMY OF EXCELLENCE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,362,719, expenses of $1,639,459 and total assets of $589,305 at year end.

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