Little Scholars of Arkansas Foundation
Also known as Lisa Academy
Little Scholars of Arkansas Foundation reported $51.3 million in revenue and $51.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.59 went to program services, $17.41 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 95.8% of the total. Government grants made up 92.7%. The highest compensation it reported for one person was $187,996 (SUPERINTENDENT). 6 people received more than $100,000 in reportable compensation. Revenue rose 78% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $51MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $51MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 92.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $187,996 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.37% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 6 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SUPERINTENDENT Officer, 40.00 hrs/week | $160,030 | $0 | $27,966 | $187,996 |
| ASST. SUPERINDENDENT Officer, 40.00 hrs/week | $110,209 | $0 | $20,436 | $130,645 |
| CFO Officer, 40.00 hrs/week | $109,577 | $0 | $20,227 | $129,804 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $107,498 | $0 | $20,029 | $127,527 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $103,682 | $0 | $19,451 | $123,133 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $102,202 | $0 | $19,228 | $121,430 |
6 people received more than $100,000 in reportable compensation from Little Scholars of Arkansas Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $446K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5796
- Volunteers Part I, line 692
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CYNERGY REHAB GROUP Therapy | $972,130 |
| PEDIATRIC THERAPY Therapy | $314,184 |
| HCJ CPAS & ADVISORS Accounting | $106,190 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Little Scholars of Arkansas Foundation totaling $200K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Little Scholars of Arkansas Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Little Scholars of Arkansas Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Little Scholars of Arkansas Foundation spent in FY2025, $82.59 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Northstar Education FinanceEden Prairie, MN · revenue $51M · programs 96.3% · FY2025
- St Andrew's Episcopal SchoolAustin, TX · revenue $51M · programs 83.2% · FY2025
- The Sisters of Saint AnnPaxton, MA · revenue $51M · programs 87.2% · FY2025
- Phalen Leadership Academy - IndianaQuincy, MA · revenue $51M · programs 80.5% · FY2025
- Integration Charter SchoolsStaten Island, NY · revenue $51M · programs 87.9% · FY2025
Questions people ask
How much of Little Scholars of Arkansas Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Little Scholars of Arkansas Foundation reported that 82.6% of its $51.4 million in expenses went to program services, 17.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Little Scholars of Arkansas Foundation pay its top executive?
The largest total compensation Little Scholars of Arkansas Foundation reported for one person in the fiscal year ending June 30, 2025 was $187,996, for the role of SUPERINTENDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Little Scholars of Arkansas Foundation get its money?
Of $51.3 million in revenue in the fiscal year ending June 30, 2025, 95.8% came from contributions and grants (including 92.7% from government grants) and 2.9% from program service revenue (Form 990, Part VIII).
Is Little Scholars of Arkansas Foundation a registered charity?
The IRS lists EIN 06-1665076 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349314021 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202542349349301224 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349309849 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202302129349300845 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349310516 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349309624 · read the filing
All filings for EIN 06-1665076: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.