2014-11-17T15:49:11-06:00 2013-12-31 710519090 EGP PLLC 611 MAIN STREET NORTH LITTLE ROCK AR 721145395 990 2013-01-01 522356755 THEA FOUNDATION THEA 5013793512 401 MAIN ST NO 100 NORTH LITTLE ROCK AR 72114 PAUL LEOPOULOS EXECUTIVE DIRECTOR 5013799512 2014-11-17 1 JOHN GREEN CPA P01366776 5013742910 2014-11-17 2013 2015-11-30 17:44:51Z PAUL LEOPOULOS 401 MAIN STREET NORTH LITTLE ROCK AR 72114 1665303 0 X THEAFOUNDATION.ORG X 2001 AR TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. 17 17 8 80 0 0 1180733 1003494 135166 579815 5862 25864 -46417 -65085 1275344 1544088 64500 69150 0 0 268660 328651 0 0 2662 481582 562139 814742 959940 460602 584148 2437422 3074097 14948 33962 2422474 3040135 X TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. 0 0 20745 12306 THEA'S ART CLOSET IS A PROGRAM THROUGH WHICH THE FOUNDATION DONATES ART SUPPLIES TO ART EDUCATORS ACROSS THE STATE OF ARKANSAS. DEVELOPED IN RESPONSE TO THE GROWING TREND OF ART EDUCATORS' SHORTAGE OF SUPPLIES IN THE CLASSROOM. THE PROGRAM EXISTS TO GIVE ALL ARKANSAS STUDENTS THE CHANCE TO EXPERIENCE UNHINDERED CREATIVITY. 105782 69150 91274 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. IN TWELVE YEARS, THEA HAS DISTRIBUTED OVER $1.5 MILLION IN SCHOLARSHIPS. 216223 410856 THE ARKANSAS A+ SCHOOLS PROGRAM DEVELOPS AND IMPLEMENTS AN INTERDISCIPLINARY MODEL OF ART INSRUCTION 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. 307151 65379 VARIOUS OTHER PROGRAM SERVICES, INCLUDING WORKSHOPS AND CLASSES 307151 65379 649901 1 1 0 0 0 0 0 0 0 1 1 1 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 0 0 8 1 0 0 0 0 0 0 0 0 X 17 17 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 SUE GASKIN PRESIDENT 5.00 X X 0 0 0 KYLE PITTS DIRECTOR 1.00 X 0 0 0 PRESIDENT BILL CLINTON DIRECTOR EMERITUS 0.00 X 0 0 0 FRANK COX DIRECTOR 2.00 X 0 0 0 ERRIN DEAN DIRECTOR 2.00 X 0 0 0 GAYLA JUNGMEYER VICE PRESIDENT 4.00 X X 0 0 0 BETTIE ANN MAHONY SECRETARY 4.00 X X 0 0 0 RUSTY MATHIS DIRECTOR 2.00 X 0 0 0 DELITA MARTIN DIRECTOR 1.00 X 0 0 0 CAROLINE ELLIOT TREASURER 1.00 X X 0 0 0 DR DANNY FLETCHER DIRECTOR 2.00 X 0 0 0 GERT CLARK DIRECTOR 1.00 X 0 0 0 ROBERT TREVINO DIRECTOR 0.50 X 0 0 0 NANCY STEENBURGEN DIRECTOR 2.00 X 0 0 0 GWEN STRASSLE DIRECTOR 1.00 X 0 0 0 ROBYN HORN DIRECTOR 1.00 X 0 0 0 BARBARA SATTERFIELD DIRECTOR 1.00 X 0 0 0 ZACK RILEY DIRECTOR 1.00 X 0 0 0 PAUL LEOPOULOS EXECUTIVE DIRECTOR 40.00 X 80855 0 0 NICHOLAS LEOPOULOS ASSISTANT DIRECTOR 40.00 X 45000 0 0 125855 0 0 0 0 0 0 0 642542 81620 279332 1003494 ARKANSAS A+ 711300 430856 430856 SCHOLARSHIPS 711300 91274 91274 OTHER PROGRAMS 711300 23580 23580 THEA'S ART CLOSET 711300 12306 12306 PROFESSIONAL DEV. 711300 11625 11625 10174 10174 579815 25864 25864 56130 37953 18177 18177 18177 0 642542 83262 -83262 -83262 1544088 579815 0 -39221 69150 69150 125855 125855 179167 113496 65671 23629 8789 14840 15121 3985 11136 3548 139 3409 21290 21150 140 55754 13470 42284 65079 64522 557 17745 10647 4436 2662 3606 3606 OUTSIDE CONTRACT EXPENS 169214 169214 OFFICE SUPPLIES 133715 132401 1314 OTHER TAXES & LICENSES 28576 348 28228 VENUE 12063 12063 36428 26921 9507 959940 649901 307377 2662 406203 563030 341088 557831 217550 9063 23117 1225 6954 1278637 186599 1068656 1092038 50093 45000 500488 567182 60606 1395 2437422 3074097 12397 32567 2551 1395 14948 33962 X 1847421 684960 507754 2422474 3040135 2437422 3074097 584148 33513 0 X 0 1 X 1 0 X 449901 738707 637643 1047953 1583308 4457512 449901 738707 637643 1047953 1583308 4457512 4457512 12641 294 2003 -4284 44041 54695 4512207 22700 0.98790 0.99440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60606 442187 4961 507754 54548 6346 288 60606 54582 245 279 54548 49102 5546 66 54582 1 0 125000 125000 1079667 175880 903787 26630 3859 22771 47340 6860 40480 1092038 WELLS FARGO BANK DEPOSITS 567182 F 567182 REFUNDABLE DEPOSITS PAYABLE 1395 1395 1646702 102615 102615 1544087 1 1 1544088 1062555 102617 102617 959938 2 2 959940 PART V, LINE 4: THE SOLE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS FOR STUDENTS PART XI, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME 83,262. DEPRECIATION NETTED AGAINST RENTAL 19,353. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSES NETTED AGAINST FUND RAISING INCOME 83,264. DEPRECIATION NETTED AGAINST RENTAL 19,353. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 2. DINNER 632292 632292 76847 GOVERNOR'S CULINARY CHALLENGE 10250 10250 6415 642542 642542 83262 83262 -83262 1 COLLEGE SCHOLARSHIPS 28 69150 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 11 MAILED A COPY TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THEA FOUNDATION'S BYLAW 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.