Civic Intelligence

Springdale Benevolent Foundation

990 • Fiscal year 2013 • EIN 48-1270475

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 10, 2014

PO Box 612772766

(479) 927-4530

Siviq Scores

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

Liabilities / Assets

87th percentile

0.83x

Higher debt load relative to assets than 87% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

98th percentile

11.92x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

88th percentile

41%

Higher net margin than 88% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

40th percentile

-0.4%

Faster asset growth than 40% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

38th percentile

-0.7%

Faster revenue growth than 38% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2013

Assets

Down

$2,565,140

Down $9,963 (-0.4%) from 2012

Net Assets

Up

$438,732

Up $73,183 (+20%) from 2012

Liabilities

Down

$2,126,408

Down $83,146 (-3.8%) from 2012

Revenue

$178,319

No earlier filing loaded for comparison.

Expenses

Up

$105,136

Up $4,674 (+4.7%) from 2012

Net Income

$73,183

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,818,473Liabilities 2011: $2,683,722Net Assets 2011: $134,7512011Assets 2012: $2,575,103Liabilities 2012: $2,209,554Net Assets 2012: $365,5492012Assets 2013: $2,565,140Liabilities 2013: $2,126,408Net Assets 2013: $438,7322013Assets 2014: $2,517,012Liabilities 2014: $1,972,442Net Assets 2014: $544,5702014Assets 2015: $2,443,586Liabilities 2015: $1,814,431Net Assets 2015: $629,1552015Assets 2016: $2,390,885Liabilities 2016: $1,685,835Net Assets 2016: $705,0502016Assets 2017: $2,471,524Liabilities 2017: $1,587,261Net Assets 2017: $884,2632017Assets 2018: $2,452,909Liabilities 2018: $1,497,254Net Assets 2018: $955,6552018Assets 2019: $2,332,566Liabilities 2019: $1,393,680Net Assets 2019: $938,8862019Assets 2020: $2,316,838Liabilities 2020: $414,629Net Assets 2020: $1,902,2092020Assets 2021: $2,342,056Liabilities 2021: $383,296Net Assets 2021: $1,958,7602021Assets 2022: $2,207,025Liabilities 2022: $669Net Assets 2022: $2,206,3562022Assets 2023: $2,284,787Liabilities 2023: $0Net Assets 2023: $2,284,7872023Assets 2024: $2,378,887Liabilities 2024: $0Net Assets 2024: $2,378,8872024

Highlighted filing

2013

Assets$2,565,140
Liabilities$2,126,408
Net Assets$438,732

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $180,817Expenses 2011: $126,734Net Income 2011: $54,0832011Expenses 2012: $100,4622012Revenue 2013: $178,319Expenses 2013: $105,136Net Income 2013: $73,1832013Revenue 2014: $193,950Expenses 2014: $88,112Net Income 2014: $105,8382014Revenue 2015: $179,417Expenses 2015: $94,832Net Income 2015: $84,5852015Revenue 2016: $156,908Expenses 2016: $81,013Net Income 2016: $75,8952016Revenue 2017: $262,383Expenses 2017: $83,170Net Income 2017: $179,2132017Revenue 2018: $162,360Expenses 2018: $90,968Net Income 2018: $71,3922018Revenue 2019: $139,953Expenses 2019: $223,262Net Income 2019: -$83,3092019Revenue 2020: $142,656Expenses 2020: $212,630Net Income 2020: -$69,9742020Revenue 2021: $947,504Expenses 2021: $830,077Net Income 2021: $117,4272021Revenue 2022: $969,725Expenses 2022: $913,172Net Income 2022: $56,5532022Revenue 2023: $1,265,827Expenses 2023: $1,347,571Net Income 2023: -$81,7442023Revenue 2024: $1,208,024Expenses 2024: $1,113,924Net Income 2024: $94,1002024

Highlighted filing

2013

Revenue$178,319
Expenses$105,136
Net Income$73,183
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$210,382
Mission and Program Overview

Mission

Organization exists to improve real estate for community activities. Community activity examples include providing access to the stadium for youth activites.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,556,565$2,537,500▼ $19,065
Rtn Earn Endowment Incm Other Fnds$365,549$438,732▲ $73,183
Cash and Non-Interest-Bearing Accounts$6,123$25,625▲ $19,502
Accounts Receivable$12,415$2,015▼ $10,400
Total Assets$2,575,103$2,565,140▼ $9,963
Liabilities
Other Liabilities$2,206,414$2,126,408▼ $80,006
Accounts Payable and Accrued Expenses$3,140--
Total Liabilities$2,209,554$2,126,408▼ $83,146
Net Assets / Fund Balance
Total Net Assets Fund Balance$365,549$438,732▲ $73,183
Total Liabilities and Net Assets / Fund Balance$2,575,103$2,565,140▼ $9,963

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,941,740$682,334$2,624,074
Land$595,760-$595,760
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rick CulverPresident
-Director
Brian AdamsDirector
Dusty RichardsDirector
Joe RollinsDirector
John GladdenDirector
Pat HutterDirector
Sach OliverDirector
Sam MathiasDirector
Steve SmithDirector
Tex HoltDirector
Tom ReedDirector
David HoffarthSecretary
Jerry BiazoTreasurer
Fadil BayyariVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$71,676
Program Service Revenue
$63,200
Investment Income
$6
Other Revenue
$43,437
All Other Contributions
$49,000
Change in Net Assets
$73,183

Audited Revenue Reconciliation

Revenue per Audited Statements
$178,319
Total Revenue per Audited Statements
$178,319
Total Revenue per Form 990
$178,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$67,810--$67,810
Fees for Services Other-$4,284-$4,284
Other Expenses$10,605$1,230-$1,230
Total Functional Expenses$98,233$6,903$0$105,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$105,136
Total Expenses per Audited Statements$105,136
Total Expenses per Form 990$105,136
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
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Np - Association$1,498,408
Np - Arvest$628,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

Reviewed by board before submitting.

Form 990, Page 6, Part VI, Line 18

PROVIDED UPON REQUEST.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

EIN
48-1270475
Phone
4799274530

Signing Officer

Name
Rick Culver
Title
Director
Phone
4799274530
Signed
2014-11-10

Organization Details

Principal Officer
Rick Culver
Legal Domicile
Ar
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Preparer
John Daniels
Phone
4794648415
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RICK CULVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04799274530
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10SPRINGDALE BENEVOLENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0481270475
ReturnHeader/Filer/PhoneNum04799274530
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$1.21$1.11$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$1.27$1.35$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.97$0.91$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.34$0.38$1.96$0.95$0.83$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.32$0.41$1.90$0.14$0.21$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.33$1.39$0.94$0.14$0.22$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.45$1.50$0.96$0.16$0.09$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.47$1.59$0.88$0.26$0.08$0.18
2016Detailed filing. Detailed filing data is available for this year.$2.39$1.69$0.71$0.16$0.08$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.44$1.81$0.63$0.18$0.09$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.52$1.97$0.54$0.19$0.09$0.11
2013Detailed filing. Detailed filing data is available for this year.$2.57$2.13$0.44$0.18$0.11$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$2.21$0.37$0.10
2011Summary only. Only limited summary data is available for this year.$2.82$2.68$0.13$0.18$0.13$0.05