Civic Intelligence

Single Parent Scholarship Fund of Northwest Arkansas Inc.

990 • Fiscal year 2014 • EIN 68-0498770

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 30, 2015

16 W Colt Square DriveFayetteville, AR 72703

(479) 935-4888

Siviq Scores

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

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

34th percentile

0.05x

Higher debt load relative to revenue than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

86th percentile

28%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

34%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,977,377

Up $432,472 (+28%) from 2013

Net Assets

Up

$1,914,486

Up $414,236 (+28%) from 2013

Liabilities

Up

$62,891

Up $18,236 (+41%) from 2013

Revenue

Up

$1,305,590

Up $328,730 (+34%) from 2013

Expenses

Up

$891,354

Up $154,079 (+21%) from 2013

Net Income

Up

$414,236

Up $174,651 (+73%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $1,120,190Liabilities 2011: $39,535Net Assets 2011: $1,080,6552011Assets 2012: $1,348,320Liabilities 2012: $87,655Net Assets 2012: $1,260,6652012Assets 2013: $1,544,905Liabilities 2013: $44,655Net Assets 2013: $1,500,2502013Assets 2014: $1,977,377Liabilities 2014: $62,891Net Assets 2014: $1,914,4862014Assets 2015: $2,798,107Liabilities 2015: $62,735Net Assets 2015: $2,735,3722015Assets 2016: $3,720,032Liabilities 2016: $48,077Net Assets 2016: $3,671,9552016Assets 2017: $4,180,512Liabilities 2017: $38,490Net Assets 2017: $4,142,0222017Assets 2018: $4,063,237Liabilities 2018: $41,144Net Assets 2018: $4,022,0932018Assets 2019: $4,603,870Liabilities 2019: $49,278Net Assets 2019: $4,554,5922019Assets 2020: $5,031,140Liabilities 2020: $36,549Net Assets 2020: $4,994,5912020Assets 2021: $5,248,785Liabilities 2021: $37,873Net Assets 2021: $5,210,9122021Assets 2022: $12,105,552Liabilities 2022: $162,832Net Assets 2022: $11,942,7202022Assets 2023: $13,390,060Liabilities 2023: $472,719Net Assets 2023: $12,917,3412023Assets 2024: $15,781,283Liabilities 2024: $473,461Net Assets 2024: $15,307,8222024

Highlighted filing

2014

Assets$1,977,377
Liabilities$62,891
Net Assets$1,914,486

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2011: $663,608Expenses 2011: $628,284Net Income 2011: $35,3242011Revenue 2012: $876,656Expenses 2012: $696,646Net Income 2012: $180,0102012Revenue 2013: $976,860Expenses 2013: $737,275Net Income 2013: $239,5852013Revenue 2014: $1,305,590Expenses 2014: $891,354Net Income 2014: $414,2362014Revenue 2015: $1,824,663Expenses 2015: $926,716Net Income 2015: $897,9472015Revenue 2016: $1,672,007Expenses 2016: $883,226Net Income 2016: $788,7812016Revenue 2017: $1,194,784Expenses 2017: $963,601Net Income 2017: $231,1832017Revenue 2018: $1,104,781Expenses 2018: $1,019,680Net Income 2018: $85,1012018Revenue 2019: $1,613,978Expenses 2019: $1,081,509Net Income 2019: $532,4692019Revenue 2020: $1,239,521Expenses 2020: $1,113,186Net Income 2020: $126,3352020Revenue 2021: $958,439Expenses 2021: $741,650Net Income 2021: $216,7892021Revenue 2022: $2,762,215Expenses 2022: $2,466,485Net Income 2022: $295,7302022Revenue 2023: $2,716,178Expenses 2023: $2,667,860Net Income 2023: $48,3182023Revenue 2024: $4,021,493Expenses 2024: $2,657,553Net Income 2024: $1,363,9402024

Highlighted filing

2014

Revenue$1,305,590
Expenses$891,354
Net Income$414,236
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 30, 2015
Return Version
2014v5.0
Gross Receipts
$1,307,818
Mission and Program Overview

Mission

The mission of single parent scholarship fund of northwest arkansas is to help singla parents become self-sufficient through post secondary education.

The mission of single parent scholarship fund of northwest arkansas is to help single parents become self-sufficient through post secondary education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$931,017$1,203,871▲ $272,854
Cash and Non-Interest-Bearing Accounts$580,758$742,490▲ $161,732
Land, Buildings, and Equipment, Net$20,130$18,016▼ $2,114
Pledges and Grants Receivable$13,000$13,000→ $0
Total Assets$1,544,905$1,977,377▲ $432,472
Liabilities
Other Liabilities$43,259$62,029▲ $18,770
Accounts Payable and Accrued Expenses$1,396$862▼ $534
Total Liabilities$44,655$62,891▲ $18,236
Net Assets / Fund Balance
Unrestricted Net Assets$890,813$1,008,856▲ $118,043
Permanently Rstr Net Assets$329,584$552,245▲ $222,661
Temporarily Rstr Net Assets$279,853$353,385▲ $73,532
Total Net Assets Fund Balance$1,500,250$1,914,486▲ $414,236
Total Liabilities and Net Assets / Fund Balance$1,544,905$1,977,377▲ $432,472

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,203,871--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt HicksVice Chair
Ric CooperBoard Charim
Autumn HudginsDirector
Beth TillerDirector
Diane MccreadyDirector
Doris CordesDirector
Dr Karen HodgesDirector
Glenn WilliamsDirector
Gus OrellanosDirector
Jim CrouchDirector
John ThreetDirector
KATHY O'KELLEYDirector
Kami ShrumDirector
Kristen StoutDirector
Ladeana DuncanDirector
Marcia MccainDirector
Matt ShelnuttDirector
Natalie BarholomewDirector
Ruth CollierDirector
Scott PooleDirector
Jennifer CainSecretary
Chris SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,238,463
Program Service Revenue
$0
Investment Income
$59,037
Other Revenue
$8,090
All Other Contributions
$1,085,758
Change in Net Assets
$414,236

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$157,708
Total Noncash Contributions1$157,708

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,305,590
Total Revenue per Audited Statements
$1,305,590
Total Revenue per Form 990
$1,305,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$342,664
Total Fundraising Expense$340,992
Other Expenses$320,586
Salaries, Compensation, and Employee Benefits$228,104
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$342,664--$342,664
Other Salaries and Wages$90,489$38,937$98,678$228,104
Office Expenses$12,063$3,972$5,865$21,900
Occupancy$9,521$4,326$4,326$18,173
Fees for Service Investment Mgmnt Fees-$8,268-$8,268
Fees for Services Legal$3,533$1,766$1,766$7,065
Travel$1,494$1,494$2,988$5,976
Other Expenses$2,509$1,254$1,254$5,017
Insurance$1,927$964$964$3,855
All Other Expenses$1,859$930$930$3,719
Depreciation Depletion$1,408$704$704$2,816
Conferences and Meetings-$2,084-$2,084
Total Functional Expenses$484,301$66,061$340,992$891,354

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$891,354
Total Expenses per Audited Statements$891,354
Total Expenses per Form 990$891,354
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,228
Fundraising Gross Income$1,495
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$154,200$1,495$2,228$-733
Total Events$154,200$1,495$2,228$-733
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$62,029
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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, Page 6, Part VI, Line 11B

Form 990 is prepared by an independent accounting firm and reviewed with the finance committee. The finance committee then makes the return available to the board prior to filing.

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

Board members are required to disclose any potential conflicts of interests and refrain from any decisions where there is a conflict of interest.

Form 990, Page 6, Part VI, Line 15A

Spsfnwa salary ranges are based on an independent salary survey which was conducted by promethean partners. In that survey, similar positions within the non-profit community in nwa were identified and their salary ranges were compiled. Promethean partners also analyzed information taken from salary surveys conducted by the united way, the non profit times, and the association of fundraising professionals. Key personnel are evaluated annually on their anniversary date. Merit increases are based on that employee's performance toward stated goals during the previous 12 month time frame.

Form 990, Page 6, Part VI, Line 15B

The policy and procedures are the same as noted for the compensation process for top official.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request at the offices of the organization during normal business hours.

Filing and Contact Details

Filer

Filer Name
Single Parent Scholarship Fund
EIN
68-0498770
Phone
4799354888
Address
16 W COLT SQUARE DRIVE, FAYETTEVILLE, AR 72703

Signing Officer

Name
Jody Dilday
Title
Executive Director
Phone
4799354888
Signed
2015-10-30

Organization Details

Principal Officer
Jody Dilday
Formed
1984
Legal Domicile
Ar
Voting Board Members
21
Independent Board Members
21
Employees
4

Preparer

Firm
Porterfield & Company CPA Pllc
Address
200 E RUSH STE 4, HARRISON, AR 72601
Preparer
Tom G Porterfield
Phone
8707413135
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013000
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IRS990/PrincipalOfficerNm0JODY DILDAY
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0636673
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0740972
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IRS990ScheduleA/TotalSupportAmt04613587
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.8$0.47$15.3$4.02$2.66$1.36
2023Detailed filing. Detailed filing data is available for this year.$13.4$0.47$12.9$2.72$2.67$0.05
2022Detailed filing. Detailed filing data is available for this year.$12.1$0.16$11.9$2.76$2.47$0.30
2021Summary only. Only limited summary data is available for this year.$5.25$0.04$5.21$0.96$0.74$0.22
2020Detailed filing. Detailed filing data is available for this year.$5.03$0.04$4.99$1.24$1.11$0.13
2019Detailed filing. Detailed filing data is available for this year.$4.60$0.05$4.55$1.61$1.08$0.53
2018Detailed filing. Detailed filing data is available for this year.$4.06$0.04$4.02$1.10$1.02$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.18$0.04$4.14$1.19$0.96$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.72$0.05$3.67$1.67$0.88$0.79
2015Detailed filing. Detailed filing data is available for this year.$2.80$0.06$2.74$1.82$0.93$0.90
2014Detailed filing. Detailed filing data is available for this year.$1.98$0.06$1.91$1.31$0.89$0.41
2013Detailed filing. Detailed filing data is available for this year.$1.54$0.04$1.50$0.98$0.74$0.24
2012Summary only. Only limited summary data is available for this year.$1.35$0.09$1.26$0.88$0.70$0.18
2011Summary only. Only limited summary data is available for this year.$1.12$0.04$1.08$0.66$0.63$0.04