2023-08-22T14:59:09-05:00 2022-12-31 710817652 FROST PLLC 4375 N VANTAGE DRIVE SUITE 403 FAYETTEVILLE AR 72703 990 2022-01-01 311682365 EXCELLERATE FOUNDATION EXCE 4792221240 5111 W JB HUNT DR 120 ROGERS AR 72758 JEFF WEBSTER PRESIDENT 4792221240 2023-08-14 1 JEFF WEBSTER 999009999 0 JANET M PTACEK P00226415 4796954300 2023-08-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFF WEBSTER 5111 W JB HUNT DR STE 120 ROGERS AR 72758 6978498 0 X WWW.EXCELLERATEFOUNDATION.COM X 1999 AR EXCELLERATE FOUNDATION IS COMMITTED TO ENSURING THAT ALL RESIDENTS OF NORTHWEST ARKANSAS ARE MENTALLY AND PHYSICALLY HEALTHY, SAFE, AND ECONOMICALLY AND SOCIALLY STABLE. 11 11 43 0 0 0 18582776 6967641 0 0 0 10857 0 0 18582776 6978498 0 0 0 0 2377844 2568601 0 0 0 14950507 2860215 17328351 5428816 1254425 1549682 1422117 4076172 124616 1228989 1297501 2847183 EXCELLERATE FOUNDATION IS COMMITTED TO ENSURING THAT ALL RESIDENTS OF NORTHWEST ARKANSAS ARE MENTALLY AND PHYSICALLY HEALTH, SAFE, AND ECONOMICALLY AND SOCIALLY STABLE. 0 0 4909761 A REGIONAL HUMAN SERVICES SYSTEM WHICH ENSURES THAT EVERYONE IN NORTHWEST ARKANSAS IS AWARE OF AND ABLE TO ACCESS THE SERVICES THEY NEED. 4909761 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 25 0 1 43 1 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR X X JEFF WEBSTER 4792221240 5111 W JB HUNT DR STE 120 ROGERS AR 72758 STEPHEN DACUS VICE CHAIR 1.00 X X 0 0 0 RICK PARSONS DIRECTOR 1.00 X 0 0 0 TREY CARTER DIRECTOR 1.00 X 0 0 0 HENRY HO CHAIRMAN 1.00 X X 0 0 0 ANA ECHEGOYEN DIRECTOR 1.00 X 0 0 0 JAMES HAWKINS DIRECTOR 1.00 X 0 0 0 MARK SNODGRASS DIRECTOR 1.00 X 0 0 0 CELIA SWANSON DIRECTOR 1.00 X 0 0 0 MELODY MARTENS DIRECTOR 1.00 X 0 0 0 KELLY SIKORSKI TREASURER 1.00 X X 0 0 0 THOMAS HARRIS DIRECTOR 1.00 X 0 0 0 JOSH HALL VP/EXEC DIR 40.00 X 139185 0 17209 JUSTIN FLETCHER VP OF PROGRAMS 40.00 X 165043 0 22876 SUSAN UPCHURCH CFO 40.00 X 271014 0 32811 JEFF WEBSTER PRESIDENT/CEO 40.00 X 409090 0 40873 CAROL MORALES PRESIDENT/CEO UPSKILL 40.00 X 187250 0 10134 ALI JOHNSON MARKETING DIRECTOR 40.00 X 102150 0 14838 TIMOTHY BLACK DIRECTOR OF ANALYTICS 40.00 X 119091 0 13179 1392823 0 151920 7 0 1 0 NORTHGATE HOLDINGS LLC 5100 W JB HUNT DRIVE ROGERS AR 72758 OFFICE LEASE 236002 PRISMA 307 SOUTH MAIN STREET SUITE 101 BENTONVILLE AR 72712 SOFTWARE DEVELOPMENT 178440 2 3373716 3593925 6967641 10857 10857 6978498 0 0 10857 1392822 1195891 196931 727760 618511 109249 126092 100438 25654 180973 142365 38608 140954 121675 19279 14647 5453 9194 43340 11877 31463 3475 3475 59537 49136 10401 48810 43790 5020 89293 83355 5938 113437 98138 15299 12335 12335 18572 13534 5038 PROGRAM EXPENSE-ERA 1845780 1845780 PROGRAM EXPENSE-UPSKILL 444920 444920 PROVIDER NETWORK 97495 90433 7062 STAFF DEVELOPMENT 56379 44465 11914 12195 12195 5428816 4909761 519055 0 1324203 2516886 84311 93660 34799 574354 263873 4254 310481 0 1129695 1422117 4076172 124616 99294 0 1129695 124616 1228989 X 181751 151620 1115750 2695563 1297501 2847183 1422117 4076172 1549682 0 X X 0 1 X 1 1 1 X 3044578 1857998 3514015 18795524 6883330 34095445 3044578 1857998 3514015 18795524 6883330 34095445 12251496 21843949 21658 20253 366 10857 53134 34148579 0.63970 0.64820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 255816 96875 158941 318538 166998 151540 310481 OPERATING LEASE RIGHT OF USE ASSET 1129695 1129695 CURRENT PORTION OF OPERATING LEASE 135915 OPERATING LEASE OBLIGATION LESS CURRENT PORTION 993780 1129695 X 6978498 0 6978498 0 6978498 5428816 0 5428816 0 5428816 PART X, LINE 2: THE FOUNDATION'S POLICY WITH RESPECT TO EVALUATING UNCERTAIN TAX POSITIIONS IS BASED UPON WHETHER MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THE UNCERTAIN TAX POSITIONS WILL BE SUSTAINED UPON REVIEW BY THE TAXING AUTHORITIES, THEN THE FOUNDATION SHALL INITIALLY AND SUBSEQUENTLY MEASURE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE TAX POSITIONS MUST MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD WITH CONSIDERATION GIVEN TO THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON SETTLEMENT USING THE FACTS,CIRCUMSTANCE AND INFORMATION AT THE REPORTING DATE. THE FOUNDATION WILL REFLECT ONLY THE PORTION OF THE TAX BENEFIT THAT WILL BE SUSTAINED UPON RESOLUTION OF THE POSITION AND APPLICABLE INTEREST ON THE PORTION OF THE TAX BENEFIT NOT RECOGNIZED. BASED UPON MANAGEMENT'S ASSEESSMENT THERE ARE NO UNCERTAIN TAX POSITIONS EXPECTED TO HAVE A MATERIAL IMPACT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. X 0 0 X X 0 0 0 0 0 0 0 0 0 JEFF WEBSTER PRESIDENT/CEO 356997 0 52093 0 0 0 24400 0 16473 0 449963 0 0 0 SUSAN UPCHURCH CFO 235664 0 35350 0 0 0 20956 0 11855 0 303825 0 0 0 CAROL MORALES PRESIDENT/CEO UPSKILL 175000 0 12250 0 0 0 0 0 10134 0 197384 0 0 0 JUSTIN FLETCHER VP OF PROGRAMS 150039 0 15004 0 0 0 13203 0 9673 0 187919 0 0 0 JOSH HALL VP/EXEC DIR 130079 0 9106 0 0 0 11135 0 6074 0 156394 0 0 0 PART I, LINE 1A THE FOUNDATION PROVIDES A SOCIAL MEMBERSHIP TO THE PRESIDENT/CEO. PART I, LINE 1B THIS MEMBERSHIP IS PROVIDED BY THE FOUNDATION AND IS USED TO PROMOTE THE FOUNDATION'S PHILANTHROPICAL PURPOSE. FORM 990, PART VI, SECTION A, LINE 1A COMMITTEES HAVE NO AUTHORITY TO ACT ON BEHALF OF THE BOARD EXCEPT AS SPECIFICALLY AUTHORIZED IN WRITING BY THE BOARD ON PARTICULAR ITEMS OR ISSUES. FORM 990, PART VI, SECTION A, LINE 2 STEPHEN DACUS, BOARD MEMBER, IS BROTHER-IN-LAW OF JOSH HALL, VP/EXEC DIR FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY A THIRD PARTY CPA FIRM, REVIEWED BY THE PRESIDENT, CFO AND FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND STAFF ARE PROVIDED WITH AND ACKNOWLEDGE RECEIPT OF THE CONFLICT OF INTEREST STATEMENT ANNUALLY. DIRECTORS ANNUALLY DISCLOSE POTENTIAL CONFLICTS AND ARE REQURED TO DECLARE ACTUAL CONFLICTS AT BOTH BOARD AND COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE SETS THE CEO'S SALARY BASED ON THE RESULTS OF INDUSTRY SALARY SURVEYS AND LOCAL ECONOMIC FACTORS AND OTHER LARGE EMPLOYERS IN THE REGION FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. ALL OTHER DOCUMENTS REFERENCED ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. EXCELLERATE FOUNDATION CHARITABLE SUPPORT 5111 W JB HUNT DR STE 110 ROGERS AR 72758 710255776 GRANTMAKING FOUNDATION AR 501C3 11 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EXCELLERATE FOUNDATION CHARITABLE SUPPORT Q 72000 EXCELLERATE FOUNDATION CHARITABLE SUPPORT C 3028175