FRIENDSHIP ASPIRE ACADEMY LITTLE ROCK

Friendship Aspire Academy Little Rock is a public school district located in Pulaski County within the city of Little Rock, Arkansas. The district operates with a total budget of $2.6 million and serves a student population with exceptionally high economic need, with 99.0% of students classified as economically disadvantaged. This figure substantially exceeds typical state concentrations of economically disadvantaged students and indicates the district serves a predominantly low-income community.

Revenue composition reflects heavy dependence on state and federal funding sources. The district receives 69.0% of revenue from state allocations and 28.6% from federal sources, with local contributions representing only 2.4% of the total budget. This funding structure is characteristic of districts serving high-poverty populations with limited local tax bases. The minimal local revenue component suggests restricted capacity for local funding initiatives or supplementary resources.

As a city-based charter or specialized academy within Arkansas's education system, Friendship Aspire Academy Little Rock operates within the broader context of Arkansas's education funding and accountability frameworks. The district's budget size and revenue dependence on state and federal sources indicate reliance on standard state funding formulas and federal Title I allocations rather than local property tax revenue. This funding profile presents both constraints and considerations for resource allocation and program sustainability in serving its economically disadvantaged student population.