Civic Intelligence

The Cobblestone Project

990 • Fiscal year 2023 • EIN 26-2661349

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 23, 2024

1210 N 54th AveFayetteville, AR 72702

(479) 718-6624

Siviq Scores

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

Liabilities / Assets

98th percentile

1.88x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.13x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

26th percentile

-8.5%

Higher net margin than 26% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

9th percentile

-26%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

65%

Faster revenue growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$39,939

Down $13,676 (-26%) from 2022

Net Assets

Down

-$35,175

Down $49,011 (-354%) from 2022

Liabilities

Up

$75,114

Up $35,335 (+89%) from 2022

Revenue

Up

$575,153

Up $226,179 (+65%) from 2022

Expenses

Up

$624,164

Up $265,926 (+74%) from 2022

Net Income

Down

-$49,011

Down $39,747 (-429%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2011: $166,032Liabilities 2011: $3,288Net Assets 2011: $162,7442011Assets 2017: $93,174Liabilities 2017: $23Net Assets 2017: $93,1512017Assets 2019: $89,201Liabilities 2019: $0Net Assets 2019: $89,2012019Assets 2020: $37,961Liabilities 2020: $435Net Assets 2020: $37,5262020Assets 2021: $47,097Liabilities 2021: $23,997Net Assets 2021: $23,1002021Assets 2022: $53,615Liabilities 2022: $39,779Net Assets 2022: $13,8362022Assets 2023: $39,939Liabilities 2023: $75,114Net Assets 2023: -$35,1752023Assets 2024: $64,435Liabilities 2024: $62,403Net Assets 2024: $2,0322024

Highlighted filing

2023

Assets$39,939
Liabilities$75,114
Net Assets-$35,175

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $224,1652011Revenue 2017: $256,554Expenses 2017: $211,127Net Income 2017: $45,4272017Revenue 2019: $224,787Expenses 2019: $227,606Net Income 2019: -$2,8192019Revenue 2020: $40,369Expenses 2020: $92,044Net Income 2020: -$51,6752020Revenue 2021: $273,292Expenses 2021: $287,718Net Income 2021: -$14,4262021Revenue 2022: $348,974Expenses 2022: $358,238Net Income 2022: -$9,2642022Revenue 2023: $575,153Expenses 2023: $624,164Net Income 2023: -$49,0112023Revenue 2024: $463,959Expenses 2024: $426,752Net Income 2024: $37,2072024

Highlighted filing

2023

Revenue$575,153
Expenses$624,164
Net Income-$49,011
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 23, 2024
Return Version
2023v5.0
Gross Receipts
$601,361
Mission and Program Overview

Mission

Identifying Issues of Social Justice, Connecting needs with willing resources to work toward a community without need

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,795$33,806▼ $12,989
Land, Buildings, and Equipment, Net$6,820$5,793▼ $1,027
Accounts Receivable-$340-
Rtn Earn Endowment Incm Other Fnds$13,836$-35,175▼ $49,011
Total Assets$53,615$39,939▼ $13,676
Liabilities
Unsecured Notes Loans Payable$14,809$46,741▲ $31,932
Mortgage Notes Payable Secured by Investment Property$20,000$20,000→ $0
Accounts Payable and Accrued Expenses$4,970$8,373▲ $3,403
Total Liabilities$39,779$75,114▲ $35,335
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,836$-35,175▼ $49,011
Total Liabilities and Net Assets / Fund Balance$53,615$39,939▼ $13,676

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,793$20,316$26,109
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$535,131
Program Service Revenue
$39,010
Investment Income
$0
Other Revenue
$1,012
All Other Contributions
$535,131
Change in Net Assets
$-49,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$336,446
Other Expenses$287,718
Total Fundraising Expense$54,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$247,424$15,087$39,226$301,737
Office Expenses$22,249$18,555$9,244$50,048
Fees for Services Other$24,740--$24,740
Payroll Taxes$19,142$1,167$3,035$23,344
Insurance$4,025$12,076-$16,101
All Other Expenses$8,207$5,709$1,020$14,936
Other Employee Benefits$9,320$568$1,477$11,365
Depreciation Depletion$11,227--$11,227
Other Expenses$8,190$3,155-$8,190
Fees for Services Accounting-$7,502-$7,502
Total Functional Expenses$506,343$63,819$54,002$624,164
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$26,208
Fundraising Gross Income$12,360
Professional Fundraising Fees$0
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Cobblestone Project
EIN
26-2661349
Phone
4797186624
Address
1210 N 54TH AVE, FAYETTEVILLE, AR 72702
Doing Business As
Cobblestone Farms

Signing Officer

Name
Jordan Lanning
Title
Executive Director
Phone
9187605382
Signed
2024-07-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jordan Lanning
Formed
2008
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
14

Preparer

Firm
Prz Cpas & Advisors
Address
4200 JENNY LIND RD STE B, FORT SMITH, AR 72901
Preparer
Matt Przybysz CPA
Phone
4796490888
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01436962
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0506343
IRS990/TotalFunctionalExpensesGrp/TotalAmt0624164
IRS990/TotalGrossUBIAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0575153
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IRS990/USAddress/CityNm0FAYETTEVILLE
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IRS990/VotingMembersGoverningBodyCnt011
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IRS990/WebsiteAddressTxt0COBBLESTONEFARMS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JORDAN LANNING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09187605382
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE COBBLESTONE PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0COBB
ReturnHeader/Filer/EIN0262661349
ReturnHeader/Filer/PhoneNum04797186624
ReturnHeader/Filer/USAddress/AddressLine1Txt01210 N 54TH AVE
ReturnHeader/Filer/USAddress/CityNm0FAYETTEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843068935
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRZ CPAS & ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04200 JENNY LIND RD STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT SMITH

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