2023-07-31T13:47:14-05:00 2022-06-30 710650689 HCJ CPAS & ADVISORS PLLC 11025 ANDERSON DRIVE SUITE 300 LITTLE ROCK AR 722122472 990 2021-07-01 710424553 PULASKI ACADEMY PULA 5016041910 12701 HINSON RD LITTLE ROCK AR 72212 MR DON SWANSON HEAD OF FINANCE 5016041910 2023-07-29 1 MR DON SWANSON 999009999 NICOLE HOBBS P01236758 5012211000 2023-07-29 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MR DON SWANSON 12701 HINSON RD LITTLE ROCK AR 72212 20684652 0 X WWW.PULASKIACADEMY.ORG X 1971 AR PLEASE REFER TO PAGE 2, PART III FOR FULL DESCRIPTION OF MISSION STATEMENT. 17 17 304 150 27075 0 3248152 1172518 16447243 18625537 140414 143719 78141 422591 19913950 20364365 0 0 0 0 12268354 12362742 0 0 383038 5571787 6688092 17840141 19050834 2073809 1313531 52299526 52629107 44850888 44549246 7448638 8079861 THE MISSION OF THE ACADEMIC ESTABLISHMENT IS TO OPERATE AN INDEPENDENT PRIVATE SCHOOL FOR STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. 0 0 17367361 18625537 APPROXIMATELY 1,385 STUDENTS COMPLETED THE SCHOOL YEAR AND WERE CREDITED WITH COMPLETING THE GRADE LEVEL THEY WERE ENROLLED IN, AND APPROXIMATELY 87 WERE AWARDED A DIPLOMA FOR GRADUATION. 17367361 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 40 0 304 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 AR X DON SWANSON 5016041910 12701 HINSON RD LITTLE ROCK AR 72212 JAMIE BURTON TRUSTEE 0.00 X 0 0 0 JAY CALDWELL CHAIR/TREASURER 0.00 X X 0 0 0 CADE COX TRUSTEE 0.00 X 0 0 0 SCOTT DAVIS TRUSTEE 0.00 X 0 0 0 MATT EDWARDS TRUSTEE 0.00 X 0 0 0 JULIE GREATHOUSE TRUSTEE 0.00 X 0 0 0 SARITA HENDRIX TRUSTEE 0.00 X 0 0 0 GREG KRULIN TRUSTEE 0.00 X 0 0 0 KEITH LEISMANN VICE CHAIR 0.00 X X 0 0 0 SAIMA MAJID TRUSTEE 0.00 X 0 0 0 ERIN MARCUSSEN SECRETARY 0.00 X X 0 0 0 MICKEY MCFARLIN TRUSTEE 0.00 X 0 0 0 CHRISSY MONTERREY TRUSTEE 0.00 X 0 0 0 JOSH SHEMPER TRUSTEE 0.00 X 0 0 0 ARBY SMITH TRUSTEE 0.00 X 0 0 0 DERRICK SMITH TRUSTEE 0.00 X 0 0 0 BRYAN TURRIFF TRUSTEE 0.00 X 0 0 0 DON SWANSON HEAD OF FINANCE 40.00 X 132799 0 12129 STEVEN DUNN PRESIDENT 40.00 X 120244 0 3829 GREGG LEDBETTER HEAD OF ENROLLMENT 40.00 X 129145 0 10593 JUSTIN ROBKEN PRINCIPAL 40.00 X 124562 0 11780 MATT WALSH PRESIDENT 40.00 X 125301 0 8307 632051 0 46638 5 1 0 0 MIDDLETON INC PO BOX 506 BRYANT AR 72089 HEAT & AIR 463830 EXECUTIVE SERVICES INC 711 TOWNE OAKS DRIVE LITTLE ROCK AR 72227 JANITORIAL 387815 COMPLETE COMPUTING 400 WEST 7TH STREET LITTLE ROCK AR 72201 TECHNOLOGY SUPP 332487 CAPITAL BUSINESS MACHINES 710 JONES STREET LITTLE ROCK AR 72205 COPIER LEASE 130333 4 33111 338081 801326 37793 1172518 SCHOOL TUITION 611110 17237108 17237108 FEES 611110 503203 503203 BUILDING FUND 611110 500659 500659 SUMMER SCHOOL & AFTERCARE 611110 285734 285734 SPECIAL PROGRAM INCOME 611110 97426 97426 1407 1407 18625537 124366 124366 29020 29020 9667 -9667 -9667 -9667 257180 33111 54130 203050 203050 307797 256490 51307 51307 INSURANCE REIMBURSEMENT 109810 109810 YEARBOOK ADVERTISING 541800 27075 27075 SCHOOL PICTURES 26525 26525 4824 4824 168234 20364365 18847023 27075 317749 382210 382210 9073510 8738594 150698 184218 280590 266812 8613 5165 1875776 1756606 85213 33957 750656 699147 37976 13533 38007 38007 21215 21215 26225 26225 113994 44727 69267 41130 41130 140444 58450 81994 156976 156976 1246148 1170332 50544 25272 1413294 1305195 72066 36033 1618610 1584067 23029 11514 189085 160750 27498 837 INSTRUCTIONAL EXPENSES 678406 678406 SPECIAL PROGRAMS & SERV 496434 496434 SECURITY 193540 183815 6483 3242 EQUIPMENT REPAIRS & MAI 86066 86066 228518 182687 45831 19050834 17367361 1300435 383038 4191496 5426665 9958 45864 29096 86130 206847 137972 191777 45636625 24183037 21632089 21453588 5314769 4859560 20891206 20451616 52299526 52629107 1352662 1546094 2678538 2603595 39535000 38981717 522358 413325 762330 1004515 44850888 44549246 X 4042547 5118630 3406091 2961231 7448638 8079861 52299526 52629107 1313531 -682308 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5314769 201000 -606436 49773 4859560 4132293 342000 1011921 171445 5314769 4205610 2500 112181 187998 4132293 4032544 151500 227279 205713 4205610 3773093 150000 274940 146434 19055 4032544 0.39600 0.02050 0.58350 0 0 3002455 3002455 31498608 16485021 15013587 8006576 5229817 2776759 3128986 2468199 660787 21453588 BOND ESCROW 19481826 BOND ISSUANCE COSTS 969790 20451616 OTHER CURRENT LIABILITIES 440030 OPERATING LEASE LIABILITY 65193 REFUNDABLE ADVANCE 499292 1004515 X 19825805 -682310 88057 -594253 20420058 -55693 -55693 20364365 19194584 88057 88057 19106527 -55693 -55693 19050834 PART X, LINE 2: THE ACADEMY IS A NON-PROFIT ORGANIZATION EXEMPT FROM PAYING INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE ARKANSAS STATE TAX LAW. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ACCORDANCE WITH THE ACCOUNTING FOR INCOME TAXES TOPIC OF THE ACCOUNTING STANDARDS CODIFICATION (ASC), THE ACADEMY WOULD RECOGNIZE, IF ANY, ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS AN INCOME TAX PROVISION. THE PAST THREE YEARS OF TAX RETURNS, ALONG WITH THE CURRENT YEAR RETURN, ARE SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOND AMORTIZATION 29,020. INVESTMENT FEES 26,225. FOOD SERVICE REVENUE -47,141. LOSS ON SALE OF ASSETS -9,667. FUNDRAISING EXPENSES -54,130. PART XII, LINE 4B - OTHER ADJUSTMENTS: BOND AMORTIZATION 29,020. INVESTMENT FEES 26,225. FOOD SERVICE REVENUE -47,141. LOSS ON SALE OF ASSETS -9,667. FUNDRAISING EXPENSES -54,130. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 BRUIN BASH 290291 33111 257180 1700 15200 37230 290291 33111 257180 1700 15200 37230 54130 203050 X X X 0 0 0 0 0 0 0 0 0 MATT WALSH PRESIDENT 125301 0 0 0 0 0 5263 0 3044 0 133608 0 0 0 A ARKANSAS DEVELOPMENT FINANCE AUTH 04108KH35 2016-06-09 22710000 0 0 0 B ARKANSAS DEVELOPMENT FINANCE AUTH 2021-07-01 18475000 0 0 0 C ARKANSAS DEVELOPMENT FINANCE AUTH 2021-07-01 1055000 0 0 0 A 3460000 23104546 22671301 433244 1 0 0 0 B 18691549 18340524 351025 1 0 0 0 C 1052363 787069 265294 1 0 0 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 SCHEDULE K - PURPOSE OF ISSUE DISCRIPTION ARKANSAS DEVELOPMENT FINANCE AUTH. REFINANCE EXISTING BOND, TO REPAY EXISTING INDEBTNESS, TO REFUND PRINCIPAL ARKANSAS DEVELOPMENT FINANCE AUTH. REFUNDING OF 2016 BOND ISSUE ARKANSAS DEVELOPMENT FINANCE AUTH. REFUNDING OF 2016 BOND ISSUE X 2 2550 FMV X AUCTION ITEMS 163 37743 FMV X MISC IN-KIND 19 2132 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO REPORT ANY POSSIBLE CONFLICTS OF INTEREST. POLICY PROVIDED AT EACH TRUSTEE MEETING. FORM 990, PART VI, SECTION B, LINE 15A APPROVAL BY THE COMPENSATION COMMITTEE IS REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.