2018-11-14T13:34:41-06:00 2017-12-31 710519090 EGP PLLC 611 MAIN STREET NORTH LITTLE ROCK AR 721145395 990 2017-01-01 522356755 THEA FOUNDATION THEA 5013793512 401 MAIN ST NO 100 NORTH LITTLE ROCK AR 72114 PAUL LEOPOULOS EXECUTIVE DIRECTOR 5013799512 2018-11-14 1 JEFF CRONE CPA P01302049 5013742910 12.202.188.50 2018-11-14 12:50:09 CS P 3DF6B493809B99D7925C24CC4F9B8CA0ED2FAFAD C582676DEA751E5A7024ED55D71C353DFF4EBC39 2017 2019-02-21 02:37:17Z PAUL LEOPOULOS 401 MAIN STREET NORTH LITTLE ROCK AR 72114 1174194 0 X THEAFOUNDATION.ORG X 2001 AR TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. 14 14 9 115 0 0 1112285 605426 480110 452690 43538 52430 -120363 -40096 1515570 1070450 65002 82835 0 0 535497 500638 0 0 68642 783634 731606 1384133 1315079 131437 -244629 5197080 4999699 131576 94808 5065504 4904891 X TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. 0 0 73958 3000 THE ARTS RECONSTRUCTION PROGRAM PARTNERS WITH CULTURAL INSTITUTIONS AND ARTS ORGANIZATIONS IN ARKANSAS TO PROVIDE NEW AND AMPLIFY EXISTING ARTS PROGRAMMING WITHIN SCHOOLS. 82835 82835 THE FOUNDATION AWARDS SCHOLARSHIPS TO HIGH SCHOOL SENIORS ACROSS THE STATE OF ARKANSAS. SCHOLARSHIP CATEGORIES INCLUDE VISUAL ART, PERFORMING ARTS, CREATIVE WRITING, FILMMAKING, AND POETRY SLAM. THE MOTIVATION BEHIND THE SCHOLARSHIP PROGRAM IS TO REWARD HARDWORKING STUDENTS AND TO INSPIRE THEM TO BE CONFIDENT AND AMBITIOUS. 958042 448190 THE ARKANSAS A+ SCHOOLS PROGRAM DEVELOPS AND IMPLEMENTS AN INTERDISCIPLINARY MODEL OF ART INSTRUCTION DESIGNED TO INCORPORATE ART EDUCATION INTO ARKANSAS' STATE MANDATED CURRICULUM. THE PRINCIPLES-BASED PROGRAM OFFERS TRAINING TO SCHOOL FACULTY AND STAFF, AND ENCOMPASSES BOTH DOCTRINAL DEVELOPMENT AND METHODS APPLICATION. 4123 VARIOUS OTHER PROGRAM SERVICES - ART CLOSET, ART ACROSS ARKANSAS, ART DEPARTMENT, RETREATS, AND THEA PAVES THE WAY 4123 1114835 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 9 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR X THE ORGANIZATION 5013799512 401 MAIN ST NORTH LITTLE ROCK AR 72114 ANDREW MANATOS DIRECTOR EMERITUS 0.00 X 0 0 0 PRESIDENT BILL CLINTON DIRECTOR EMERITUS 0.00 X 0 0 0 MICHELLE BROWNING PRESIDENT 4.00 X X 0 0 0 ZACH RILEY SECRETARY 2.00 X X 0 0 0 JOE GRIFFITH VICE PRESIDENT 2.00 X X 0 0 0 CAROLINE ELLIOTT TREASURER 2.00 X X 0 0 0 DR DANNY FLETCHER DIRECTOR 2.00 X 0 0 0 GERT CLARK DIRECTOR 2.00 X 0 0 0 CLARK TRIM DIRECTOR 2.00 X 0 0 0 NANCY STEENBURGEN DIRECTOR 2.00 X 0 0 0 DANIEL OBERSTE DIRECTOR 2.00 X 0 0 0 RHONDA MCKINNIS DIRECTOR 2.00 X 0 0 0 SHARON HEFLIN DIRECTOR 2.00 X 0 0 0 MIA HALL DIRECTOR 2.00 X 0 0 0 RUSTY GUERRA DIRECTOR 2.00 X 0 0 0 JANET DAVIS DIRECTOR 2.00 X 0 0 0 PAUL LEOPOULOS EXECUTIVE DIRECTOR 40.00 X 95320 0 0 NICK LEOPOULOS ASSISTANT DIRECTOR 40.00 X 71500 0 0 166820 0 0 0 0 0 0 0 159857 445569 605426 ARKANSAS A+ 711300 448190 448190 ARTS RECONSTRUCTION 711300 3000 3000 THEA PAVES THE WAY 711300 1500 1500 452690 52430 52430 61025 55190 5835 5835 5835 0 159857 48554 -48554 -48554 OTHER INCOME 711300 2623 2623 2623 1070450 455313 0 9711 X 82835 82835 166820 133456 15014 18350 282449 225959 25420 31070 18305 14644 1647 2014 33064 26451 2976 3637 35200 35200 9737 9737 145146 145146 78405 78405 11196 8555 2641 4073 3852 221 60900 36540 15225 9135 85408 85408 29576 17746 7394 4436 9862 6835 3027 ART SUPPLIES 154825 154825 BAD DEBT EXPENSE 83208 83208 PROFESSIONAL DEVELOPMEN 9840 9840 PRINTING 5873 5611 262 8357 5359 2998 1315079 1114835 131602 68642 445572 423416 1354043 958146 578135 249984 100365 37050 14234 6533 1696392 366996 1020392 1329396 1673888 1983973 10451 11201 5197080 4999699 33312 53360 95512 38321 2752 3127 131576 94808 X 2003969 2413656 1099699 502127 1961836 1989108 5065504 4904891 5197080 4999699 -244629 84016 0 X 0 1 X 1 0 X 1583308 2733461 1924429 1592395 605426 8439019 1583308 2733461 1924429 1592395 605426 8439019 8439019 44041 37337 56534 43538 112555 294005 8733024 455313 0.96630 0.98040 X 1961836 27272 1989108 1712567 8846 244479 4056 1961836 1628861 59253 27056 2603 1712567 507754 1143762 7109 29764 1628861 60606 442187 4961 507754 1 0 125000 125000 1446004 273996 1172008 118638 86250 32388 6750 6750 0 1329396 LEASE DEPOSITS 3127 3127 1248473 84016 103744 187760 1060713 9737 9737 1070450 1409086 103744 103744 1305342 9737 9737 1315079 PART V, LINE 4: THE SOLE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS FOR STUDENTS PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME 48,554. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 55,190. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME 48,554. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 55,190. ANNUAL FUNDRAISER 159857 159857 19277 29277 159857 159857 19277 29277 48554 -48554 1 COLLEGE SCHOLARSHIPS 32 82835 FMV PART I, LINE 2: THE FOUNDATION SENDS SCHOLARSHIP CHECKS DIRECTLY TO RECIPIENTS SCHOOL TO BE APPLIED TO STUDENTS ACCOUNT. FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE DIRECTOR OF THEA FOUNDATION (PAUL LEOPOULOS) IS THE FATHER OF THE ASSISTANT DIRECTOR OF THEA FOUNDATION (NICHOLAS LEOPOULOS). FORM 990, PART VI, SECTION B, LINE 11B MAILED A COPY TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THEA FOUNDATION'S BYLAWS REQUIRE DIRECTORS TO DICLOSE MATERIAL FACTS TO THE BOARD OF DIRECTORS REGARDING ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST WIHTIN A REASONABLE TIME AFTER THE DIRECTOR BECOMES AWARE THAT A CONFLICT EXISTS, AND BEFORE ANY VOTE IS TAKEN ON A MATTER WHICH COULD BE AFFECTED BY THE DIRECTOR'S OPINIONS OR STATEMENTS ON THE ISSUE SUBJECT TO VOTE. MOREOEVER, A DIRECTOR IS NOT ALLOWED TO VOTE ON ANY TRANSACTION THAT MAY GIVE RISE TO AN ACTUAL/POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PROPOSED COMPENSATION IS COMPARED TO SIMILAR NONPROFIT EXECUTIVE DIRECTORS AROUND THE NATION WITH SIMILAR YEARS OF SERVICE AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - CONSULTING: PROGRAM SERVICE EXPENSES 34,052. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,052. OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 88,661. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,661. PROFESSIONAL FEES - OTHER: PROGRAM SERVICE EXPENSES 22,433. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,433.