Civic Intelligence

Cabot Panther Foundation Inc.

990 • Fiscal year 2017 • EIN 20-5841549

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

602 North LincolnCabot, AR 72023

(501) 843-3363

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

35th percentile

-2.4%

Higher net margin than 35% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

36th percentile

-4.2%

Faster asset growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

6.6%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$70,999

Down $3,134 (-4.2%) from 2016

Net Assets

Down

$70,111

Down $3,184 (-4.3%) from 2016

Liabilities

Up

$888

Up $50 (+6.0%) from 2016

Revenue

Up

$133,633

Up $8,315 (+6.6%) from 2016

Expenses

Up

$136,817

Up $6,843 (+5.3%) from 2016

Net Income

Up

-$3,184

Up $1,472 (+32%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2010: $9,600Liabilities 2010: $0Net Assets 2010: $9,6002010Assets 2011: $29,610Liabilities 2011: $0Net Assets 2011: $29,6102011Assets 2012: $64,510Liabilities 2012: $0Net Assets 2012: $64,5102012Assets 2013: $59,549Liabilities 2013: $0Net Assets 2013: $59,5492013Assets 2014: $70,867Liabilities 2014: $0Net Assets 2014: $70,8672014Assets 2015: $79,612Liabilities 2015: $1,661Net Assets 2015: $77,9512015Assets 2016: $74,133Liabilities 2016: $838Net Assets 2016: $73,2952016Assets 2017: $70,999Liabilities 2017: $888Net Assets 2017: $70,1112017Assets 2018: $43,962Liabilities 2018: $1,381Net Assets 2018: $42,5812018Assets 2019: $87,315Liabilities 2019: $1,827Net Assets 2019: $85,4882019Assets 2020: $88,373Liabilities 2020: $0Net Assets 2020: $88,3732020Assets 2021: $60,179Liabilities 2021: $0Net Assets 2021: $60,1792021Assets 2022: $95,953Liabilities 2022: $3,086Net Assets 2022: $92,8672022Assets 2023: $88,418Liabilities 2023: $1,885Net Assets 2023: $86,5332023Assets 2024: $104,950Liabilities 2024: $4,205Net Assets 2024: $100,7452024

Highlighted filing

2017

Assets$70,999
Liabilities$888
Net Assets$70,111

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $100,9712010Revenue 2011: $110,806Expenses 2011: $90,796Net Income 2011: $20,0102011Expenses 2012: $39,4332012Revenue 2013: $77,240Expenses 2013: $82,201Net Income 2013: -$4,9612013Revenue 2014: $43,249Expenses 2014: $30,961Net Income 2014: $12,2882014Revenue 2015: $114,867Expenses 2015: $107,783Net Income 2015: $7,0842015Revenue 2016: $125,318Expenses 2016: $129,974Net Income 2016: -$4,6562016Revenue 2017: $133,633Expenses 2017: $136,817Net Income 2017: -$3,1842017Revenue 2018: $140,955Expenses 2018: $167,532Net Income 2018: -$26,5772018Revenue 2019: $186,983Expenses 2019: $144,076Net Income 2019: $42,9072019Revenue 2020: $112,044Expenses 2020: $107,159Net Income 2020: $4,8852020Revenue 2021: $83,003Expenses 2021: $111,815Net Income 2021: -$28,8122021Revenue 2022: $192,075Expenses 2022: $159,318Net Income 2022: $32,7572022Revenue 2023: $217,436Expenses 2023: $223,770Net Income 2023: -$6,3342023Revenue 2024: $252,202Expenses 2024: $237,990Net Income 2024: $14,2122024

Highlighted filing

2017

Revenue$133,633
Expenses$136,817
Net Income-$3,184
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$163,511
Mission and Program Overview

Mission

SEE BELOW

Our aim is to raise and distribute funds to enhance the quality of education and promote strong community support for public education. The organization supports the cabot school district which services over 10,300 students and over 1,275 employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$74,133$70,999▼ $3,134
Total Assets$74,133$70,999▼ $3,134
Liabilities
Accounts Payable and Accrued Expenses$838$888▲ $50
Total Liabilities$838$888▲ $50
Net Assets / Fund Balance
Unrestricted Net Assets$73,295$70,111▼ $3,184
Total Net Assets Fund Balance$73,295$70,111▼ $3,184
Total Liabilities and Net Assets / Fund Balance$74,133$70,999▼ $3,134
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike VerklerPresident
Bobby ThomasBoard Member
Brent LarsonBoard Member
Brian EvansBoard Member
Don GrishamBoard Member
Joey YorkBoard Member
Sarah OwenBoard Member
Steve JacksonBoard Member
Susan VaughtBoard Member
W Tony ThurmanSecretary
Ken KincadeTreasurer
Chad YoungVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$91,733
Program Service Revenue
$0
Investment Income
$340
Other Revenue
$41,560
All Other Contributions
$85,633
Change in Net Assets
$-3,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,430
Salaries, Compensation, and Employee Benefits$28,387
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$41,889--$41,889
Other Salaries and Wages-$26,000-$26,000
Other Expenses$10,009--$10,009
Office Expenses$6,095--$6,095
Payroll Taxes-$2,387-$2,387
Total Functional Expenses$108,430$28,387$0$136,817
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,438
Fundraising Direct Expenses$29,878
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$32,141$32,141$13,722$18,419
Daughter Dance$27,222$27,222$9,849$17,373
Total Events$59,363$59,363$23,571$35,792
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Board of directors delegate duties to volunteers.

Form 990, Page 6, Part VI, Line 11B

The governing body reviews the completed return.

Form 990, Page 6, Part VI, Line 12C

The organization has a written conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Cabot Panther Foundation Inc
EIN
20-5841549
Phone
5018433363
Address
602 NORTH LINCOLN, CABOT, AR 72023
Doing Business As
Cabot Panther Foundation Inc

Signing Officer

Name
Mike Verkler
Title
President
Phone
5018433363
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Verkler
Formed
2007
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
25

Preparer

Firm
Kincade and Company Pllc
Address
203 S 10TH ST, CABOT, AR 72023-2821
Preparer
Kenneth C Kincade
Phone
5019412721
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Student scholarships 10,000 0 0 state championship rings 9,040 0 0 insurance 3,714 0 0 foundation meetings 3,178 0 0 charitable contributions 3,145 0 0 power panthers 2,999 0 0 braces 2,845 0 0 contract labor 1,978 0 0 credit card fees 1,539 0 0 miscellaneous 1,215 0 0 after prom party 1,000 0 0 bank fees 697 0 0 teachers with a heart 394 0 0 community development 145 0 0 total 41,889 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035792
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt023571
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013722
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt09849
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS DELEGATE DUTIES TO VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY REVIEWS THE COMPLETED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4STUDENT SCHOLARSHIPS 10,000 0 0 STATE CHAMPIONSHIP RINGS 9,040 0 0 INSURANCE 3,714 0 0 FOUNDATION MEETINGS 3,178 0 0 CHARITABLE CONTRIBUTIONS 3,145 0 0 POWER PANTHERS 2,999 0 0 BRACES 2,845 0 0 CONTRACT LABOR 1,978 0 0 CREDIT CARD FEES 1,539 0 0 MISCELLANEOUS 1,215 0 0 AFTER PROM PARTY 1,000 0 0 BANK FEES 697 0 0 TEACHERS WITH A HEART 394 0 0 COMMUNITY DEVELOPMENT 145 0 0 TOTAL 41,889 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt074133
IRS990/TotalAssetsEOYAmt070999
IRS990/TotalAssetsGrp/BOYAmt074133
IRS990/TotalAssetsGrp/EOYAmt070999
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IRS990/TotalContributionsAmt091733
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028387
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0108430
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136817
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0838
IRS990/TotalLiabilitiesEOYAmt0888
IRS990/TotalLiabilitiesGrp/BOYAmt0838
IRS990/TotalLiabilitiesGrp/EOYAmt0888
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt073295
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt070111
IRS990/TotalProgramServiceExpensesAmt0108430
IRS990/TotalRevenueGrp/ExclusionAmt041900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0133633
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074133
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt070999
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt073295
IRS990/UnrestrictedNetAssetsGrp/EOYAmt070111
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0602 N LINCOLN
IRS990/USAddress/CityNm0CABOT
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072023
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.CABOTSCHOOLS.ORG/FOUNDATION
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE VERKLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05018433363
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CABOT PANTHER FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CABO
ReturnHeader/Filer/EIN0205841549
ReturnHeader/Filer/PhoneNum05018433363
ReturnHeader/Filer/USAddress/AddressLine1Txt0602 NORTH LINCOLN
ReturnHeader/Filer/USAddress/CityNm0CABOT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072023
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EADF335CDCC02AF3145A3DBA48E742EC09FBC239
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06171C86A5053CEEDB764E3405A4CA38EB5094CD5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:58:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202592564
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KINCADE AND COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0203 S 10TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CABOT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0720232821
ReturnHeader/PreparerPersonGrp/PhoneNum05019412721
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH C KINCADE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T13:58:23-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.04$1.01$2.52$2.38$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.88$0.02$0.87$2.17$2.24$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.03$0.93$1.92$1.59$0.33
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.83$1.12$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.12$1.07$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.02$0.85$1.87$1.44$0.43
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$1.41$1.68$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.70$1.34$1.37$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.01$0.73$1.25$1.30$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.02$0.78$1.15$1.08$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.43$0.31$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.77$0.82$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$0.39
2011Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$1.11$0.91$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$1.01