Civic Intelligence

Arkansas Foundation for Medical Care Inc

EIN 23-7237381 • 501(c)3 • Fort Smith, AR

View Organization Page

Profile

To promote excellence in health care through evaluation and education

PO Box 180001Fort Smith, AR 72918-0001

www.afmc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

39th percentile

0.12x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

30th percentile

0.13x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

28th percentile

-2.3%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

80th percentile

$456,881

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

51st percentile

5.3%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

32nd percentile

0.4%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$43,508,243

Up $2,177,821 (+5.3%) from 2024

Liabilities

Up

$5,236,674

Up $2,105,412 (+67%) from 2024

Net Assets

Up

$38,271,569

Up $72,409 (+0.2%) from 2024

Operations
Liabilities / Revenue30th percentileNet Margin28th percentile

Revenue

Up

$41,318,658

Up $172,542 (+0.4%) from 2024

Expenses

Up

$42,278,322

Up $1,338,144 (+3.3%) from 2024

Net Income

Down

-$959,664

Down $1,165,602 (-566%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $22,033,108Liabilities 2011: $1,645,298Net Assets 2011: $20,387,8102011Assets 2012: $21,427,995Liabilities 2012: $1,221,878Net Assets 2012: $20,206,1172012Assets 2013: $23,187,298Liabilities 2013: $1,701,598Net Assets 2013: $21,485,7002013Assets 2014: $24,261,747Liabilities 2014: $1,751,907Net Assets 2014: $22,509,8402014Assets 2015: $25,100,485Liabilities 2015: $2,139,037Net Assets 2015: $22,961,4482015Assets 2016: $27,715,188Liabilities 2016: $3,210,541Net Assets 2016: $24,504,6472016Assets 2017: $28,650,035Liabilities 2017: $2,837,416Net Assets 2017: $25,812,6192017Assets 2018: $30,461,299Liabilities 2018: $3,195,324Net Assets 2018: $27,265,9752018Assets 2020: $33,011,636Liabilities 2020: $6,524,923Net Assets 2020: $26,486,7132020Assets 2021: $39,645,381Liabilities 2021: $7,586,487Net Assets 2021: $32,058,8942021Assets 2022: $38,817,634Liabilities 2022: $3,217,960Net Assets 2022: $35,599,6742022Assets 2023: $39,950,911Liabilities 2023: $3,023,124Net Assets 2023: $36,927,7872023Assets 2024: $41,330,422Liabilities 2024: $3,131,262Net Assets 2024: $38,199,1602024Assets 2025: $43,508,243Liabilities 2025: $5,236,674Net Assets 2025: $38,271,5692025

Highlighted filing

2025

Assets$43,508,243
Liabilities$5,236,674
Net Assets$38,271,569
Open 2025 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $19,097,8802011Expenses 2012: $18,793,2602012Expenses 2013: $19,814,8942013Revenue 2014: $21,062,763Expenses 2014: $20,917,490Net Income 2014: $145,2732014Revenue 2015: $22,423,824Expenses 2015: $20,820,233Net Income 2015: $1,603,5912015Revenue 2016: $27,527,488Expenses 2016: $26,300,204Net Income 2016: $1,227,2842016Revenue 2017: $29,135,840Expenses 2017: $28,578,707Net Income 2017: $557,1332017Revenue 2018: $29,509,385Expenses 2018: $28,747,727Net Income 2018: $761,6582018Revenue 2020: $32,386,488Expenses 2020: $31,467,888Net Income 2020: $918,6002020Revenue 2021: $53,621,525Expenses 2021: $50,167,363Net Income 2021: $3,454,1622021Revenue 2022: $50,008,157Expenses 2022: $44,378,226Net Income 2022: $5,629,9312022Revenue 2023: $41,491,299Expenses 2023: $41,073,504Net Income 2023: $417,7952023Revenue 2024: $41,146,116Expenses 2024: $40,940,178Net Income 2024: $205,9382024Revenue 2025: $41,318,658Expenses 2025: $42,278,322Net Income 2025: -$959,6642025

Highlighted filing

2025

Revenue$41,318,658
Expenses$42,278,322
Net Income-$959,664
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$43,508,243
Liabilities
$5,236,674
Net assets
$38,271,569
Revenue
$41,318,658
Expenses
$42,278,322
Net income
-$959,664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.5$5.24$38.3$41.3$42.3$0.96
2024Detailed filing. Detailed filing data is available for this year.$41.3$3.13$38.2$41.1$40.9$0.21
2023Detailed filing. Detailed filing data is available for this year.$40.0$3.02$36.9$41.5$41.1$0.42
2022Detailed filing. Detailed filing data is available for this year.$38.8$3.22$35.6$50.0$44.4$5.63
2021Detailed filing. Detailed filing data is available for this year.$39.6$7.59$32.1$53.6$50.2$3.45
2020Detailed filing. Detailed filing data is available for this year.$33.0$6.52$26.5$32.4$31.5$0.92
2018Detailed filing. Detailed filing data is available for this year.$30.5$3.20$27.3$29.5$28.7$0.76
2017Detailed filing. Detailed filing data is available for this year.$28.7$2.84$25.8$29.1$28.6$0.56
2016Detailed filing. Detailed filing data is available for this year.$27.7$3.21$24.5$27.5$26.3$1.23
2015Detailed filing. Detailed filing data is available for this year.$25.1$2.14$23.0$22.4$20.8$1.60
2014Detailed filing. Detailed filing data is available for this year.$24.3$1.75$22.5$21.1$20.9$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$1.70$21.5$19.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$1.22$20.2$18.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.0$1.65$20.4$19.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$46,736,324
Mission and Program Overview

Mission

To promote excellence in health care through evaluation and education

Arkansas foundation for medical care, inc. Develops and promotes cooperative quality improvement projects involving hospitals, nursing homes, home health agencies, physicians, and other stakeholders in order to improve the delivery, quality, and cost-effectiveness of health care provided for medicare and medicaid beneficiaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,029,663$19,896,032▲ $1,866,369
Land, Buildings, and Equipment, Net$8,948,205$9,944,076▲ $995,871
Savings and Temporary Cash Investments$9,234,322$7,647,810▼ $1,586,512
Accounts Receivable$3,967,467$5,023,094▲ $1,055,627
Prepaid Expenses and Deferred Charges$1,150,765$997,231▼ $153,534
Total Assets$41,330,422$43,508,243▲ $2,177,821
Liabilities
Accounts Payable and Accrued Expenses$3,131,262$5,236,674▲ $2,105,412
Total Liabilities$3,131,262$5,236,674▲ $2,105,412
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$38,199,160$38,271,569▲ $72,409
Total Net Assets Fund Balance$38,199,160$38,271,569▲ $72,409
Total Liabilities and Net Assets / Fund Balance$41,330,422$43,508,243▲ $2,177,821

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,481,820$3,375,229$9,857,049
Other Land Buildings$1,663,069$3,893,480$5,556,549
Equipment$699,287$930,579$1,629,866
Land$1,099,900-$1,099,900
Leasehold Improvements$0$424,668$424,668
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John SeligCEO/presidentFT$403,291$53,590$456,881
Kristy CowherdServicesFT$383,297-$383,297
Marilyn StricklandChief Operating OfficerFT$265,888$41,539$307,427
Phyllis RogersChief Financial OfficerFT$247,651$32,350$280,001
Peggy StarlingSenior VP Outreach ServiceFT$242,987$34,700$277,687
Nathan RaySenior VP Business OperatiFT$242,382$16,269$258,651
Chad T Rodgers MdChief Medical OfficerPT$231,200$19,084$250,284
Cathy BainSenior VP Admin ServicesFT$211,787$31,569$243,356
Eldrina EasterlyFull Time VP CoFT$200,514$35,204$235,718
Mary S MooreChief Compliance OfficerFT$187,035$25,147$212,182
Kimberly GartmanAssociate Medical DirectorPT$207,227-$207,227
Robery VanhookAssociate Medical DirectorPT$189,954-$189,954
Mindy DunnDirector Human ResourcesFT$175,658-$175,658
Gloria BooneVP Member ServicesFT$142,069$22,733$164,802
William MasonAssociate Medical DirectorPT$140,042-$140,042
Hannah RayVP Government RelationsFT$121,395$9,217$130,612
Danny Wilkerson MdChairman of Board-$14,775-$14,775
Angie WalkerBod-$11,400-$11,400
Glen FenterBod-$11,250-$11,250
Derek PierceTreasurer-$10,500-$10,500
Kristin MartinChairman of Board-$10,500-$10,500
Debby NyeBod-$9,450-$9,450
Pete AtkinsonBod-$9,450-$9,450
Jill MhyreSecretary-$8,400-$8,400
Christopher S HardinVice Chairman-$8,250-$8,250
Michael StewartBod-$8,100-$8,100
Marta LoydBod-$6,300-$6,300
Amanda Deel DoMember at Large-$3,300-$3,300
Huda Sharaf MdBod-$3,300-$3,300

Board Members and Trustees

NameTitle
Josh Dilley MdBod
Matt TroupBod
Shaletha Jones MdBod

Highest Paid Contractors

ContractorServicesLocationCompensation
V-k Group INCTemporary Staffing659 OUACHITA AVENUE, Hot Springs, AR 71901$1,262,733
BluipCustomer Relationship Mgmt410 S RAMPART BLVD, Las Vegas, NV 89145$721,594
Softchoice CorporationCustomer Relationship Mgmt16609 COLLECTIONS CENTER DR, Chicago, IL 60693$226,765
Corco Construction LLCConstruction Service4939 HWY 64 W, Conway, AR 72034$127,089
Revenue and Support

Revenue Composition

Contributions and Grants
$33,107,650
Program Service Revenue
$7,167,697
Investment Income
$1,008,958
Other Revenue
$34,353
Change in Net Assets
$-959,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$41,318,658
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,032,073
Total Revenue per Audited Statements
$42,350,731
Total Revenue per Form 990
$41,318,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$31,096,376
Other Expenses$11,181,946
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,529,774$1,225,261-$17,755,035
Other Employee Benefits$9,919,154$735,251-$10,654,405
Fees for Services Other$3,052,496$96,314-$3,148,810
Current Officers, Directors, Trustees, and Key Employees$2,501,513$185,423-$2,686,936
Travel$467,397$57,419-$524,816
Other Expenses$49,446$579,513-$49,446
Total Functional Expenses$39,399,141$2,879,181$0$42,278,322

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$42,278,322
Total Expenses per Audited Statements$42,278,322
Total Expenses per Form 990$42,278,322
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Lobbying activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The chief financial officer, the controller and the finance committee reviews a preliminary 990 before filing. After all questions are answered and changes made. The return is then approved for filing. The board of directors is provided with a copy of the final form at the next board meeting.”

Form 990, Part VI, Section B, Line 12C

“The compliance officer of the organization continously monitors these policies. They also provide training and education related to conflicts of interest and require that all employees and board members sign a conflicts of interest form annually.”

Form 990, Part VI, Section B, Line 15

“The hiring committee of the board of directors set the maximum dollar amount of salary.”

Form 990, Part VI, Section C, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Arkansas Foundation for Medical Care Inc
EIN
23-7237381
Phone
4795737616
Address
PO BOX 180001, FORT SMITH, AR 72918-0001

Signing Officer

Name
Phyllis Rogers
Title
Chief Financial Officer
Phone
4795737616
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phyllis Rogers
Formed
1972
Legal Domicile
Ar
Voting Board Members
14
Independent Board Members
14
Employees
383
Volunteers
0

Preparer

Firm
Landmark Plc Cpas
Address
3101 S 70TH STREET, FORT SMITH, AR 72903
Preparer
Ashley Farrar
Phone
4794845740
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for uncertain tax positions in accordance with the provisions of financial accounting standards board (fasb) codification topic income taxes. Fasb codification topic income taxes clarifies the accounting for uncertainty in income taxes and requires the organization to recognize in their financial statements the impact of a tax position taken or expected to be taken in a tax return, if that position is more liekly than not to be sustained under audit, based on the technical merits of the position. Management has assessed the tax positions of the organization and determined that no positions exist that require adjustment or disclosure under the provisions of fasb codification topic income taxes. Arkansas foundation for medical care, inc. (afmc) files informational "return of organization exempt from income tax" (form 990) in the u.s. Federal jurisdiction and arkansas.”

Raw XML AppendixShowing 400 of 896 raw XML fields

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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