Civic Intelligence

Arkansas Rice Council

990EZ • Fiscal year 2018 • EIN 71-0248786

Aug 01, 2017 to Jul 31, 2018 • Filed on Jun 17, 2019

1020 W 3rd StreetLittle Rock, AR 72201

(703) 236-2300

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.57x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

0.94x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

75th percentile

14%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

87th percentile

38%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-8.5%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$174,174

Up $47,594 (+38%) from 2017

Net Assets

Up

$74,568

Up $14,845 (+25%) from 2017

Liabilities

Up

$99,606

Up $32,749 (+49%) from 2017

Revenue

Down

$105,667

Down $9,794 (-8.5%) from 2017

Expenses

Up

$90,822

Up $8,363 (+10%) from 2017

Net Income

Down

$14,845

Down $18,157 (-55%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2014: $16,840Liabilities 2014: $16,4172014Assets 2015: $3,654Liabilities 2015: $6,825Net Assets 2015: -$3,1712015Assets 2016: $47,989Liabilities 2016: $21,268Net Assets 2016: $26,7212016Assets 2017: $126,580Liabilities 2017: $66,857Net Assets 2017: $59,7232017Assets 2018: $174,174Liabilities 2018: $99,606Net Assets 2018: $74,5682018Assets 2019: $216,066Liabilities 2019: $113,975Net Assets 2019: $102,0912019Assets 2020: $246,216Liabilities 2020: $18,331Net Assets 2020: $227,8852020Assets 2021: $261,682Liabilities 2021: $434Net Assets 2021: $261,2482021Assets 2022: $293,420Liabilities 2022: $48,405Net Assets 2022: $245,0152022Assets 2023: $331,669Liabilities 2023: $36,841Net Assets 2023: $294,8282023Assets 2024: $360,547Liabilities 2024: $54,373Net Assets 2024: $306,1742024Assets 2025: $370,387Liabilities 2025: $22,500Net Assets 2025: $347,8872025

Highlighted filing

2018

Assets$174,174
Liabilities$99,606
Net Assets$74,568

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $41,693Expenses 2014: $18,404Net Income 2014: $23,2892014Revenue 2015: $75,979Expenses 2015: $79,573Net Income 2015: -$3,5942015Revenue 2016: $107,824Expenses 2016: $77,932Net Income 2016: $29,8922016Revenue 2017: $115,461Expenses 2017: $82,459Net Income 2017: $33,0022017Revenue 2018: $105,667Expenses 2018: $90,822Net Income 2018: $14,8452018Revenue 2019: $144,807Expenses 2019: $117,284Net Income 2019: $27,5232019Revenue 2020: $264,690Expenses 2020: $138,896Net Income 2020: $125,7942020Revenue 2021: $172,667Expenses 2021: $139,304Net Income 2021: $33,3632021Revenue 2022: $150,355Expenses 2022: $121,588Net Income 2022: $28,7672022Revenue 2023: $183,558Expenses 2023: $133,745Net Income 2023: $49,8132023Revenue 2024: $191,831Expenses 2024: $180,485Net Income 2024: $11,3462024Revenue 2025: $178,179Expenses 2025: $136,466Net Income 2025: $41,7132025

Highlighted filing

2018

Revenue$105,667
Expenses$90,822
Net Income$14,845
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Jun 17, 2019
Return Version
2017v2.3
Gross Receipts
$105,667
Mission and Program Overview

Mission

The arkansas rice council is the promotional arm of the arkansas rice industry. The arkansas rice council is affiliated with the usa rice council, which steers the course for domestic and international promotion of u.s.-grown rice.

The arkansas rice council is the promotional arm of the arkansas rice industry. The arkansas rice council is affiliated with the usa rice council, which steers the course for domestic and international promotion of u.s. - grown rice.

Program Services

DescriptionGrantsExpenses
THE ARKANSAS RICE COUNCIL PROMOTES THE USE AND SALE OF RICE AND RICE PRODUCTS. RICE PRODUCTION AND PROCESSING PLAY IMPORTANT ROLES IN THE STATE OF ARKANSAS. ARKANSAS GROWS RICE ON APPROXIMATELY 1.3 MILLION ACRES EACH YEAR. RICE IS THE STATE'S SECOND HIGHEST COMMODITY AND THE TOP AGRICULTURAL EXPORT. ARKANSAS RICE FARMERS AND MILLERS CONTRIBUTE MORE THAN 6 BILLION TO THE STATE'S ECONOMY ANNUALLY AND ACCOUNT FOR OVER 25,000 JOBS THAT ARE CRUCIAL TO THE RURAL COMMUNITIES OF ARKANSAS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAM WHITAKERBoard Member-$0--
GLYNN GUENTHERBoard Member-$0--
WES MCNULTYBoard Member-$0--
LAYNE MILESBoard Member-$0--
JOHN KING IIIBoard Member-$0--
JOE MENCERBoard Member-$0--
HEATH LONGBoard Member-$0--
STEVE ORLICEKPresident-$0--
BRANDON BAUMANBoard Member-$0--
DONALD MORTON JRBoard Member-$0--
JIM CARROLLBoard Member-$0--
ROBERT PETTER JRBoard Member-$0--
DOW BRANTLEYChairman-$0--
GARY CANADABoard Member-$0--
CHRIS LUEBKABoard Member-$0--
MARVIN HARE JRBoard Member-$0--
JEFF REEVESBoard Member-$0--
JEFF RUTLEDGEVice Preside-$0--
ERIC VAUGHTBoard Member-$0--
CORBIN BROWNBoard Member-$0--
BRYON HOLMES JRBoard Member-$0--
DAN HOSMANSecretary/Tr-$0--
JOHN WALLACEBoard Member-$0--
ROGER POHLNERBoard Member-$0--
MICHAEL CURETONBoard Member-$0--
TERRY DON NORWOODBoard Member-$0--
DEAN WALLBoard Member-$0--
ERIC LEONARDBoard Member-$0--
LOGAN JETTBoard Member-$0--
HUNTER BURRISBoard Member-$0--
LAUREN WALDRIP WARDExecutive DiPT$0--
Filing and Contact Details

Filer

Filer Name
Arkansas Rice Council
EIN
71-0248786
Phone
7032362300
Address
1020 W 3RD STREET, LITTLE ROCK, AR 72201

Signing Officer

Name
Lauren Waldrip Ward
Title
Executive Director
Phone
7032362300
Signed
2019-06-17
Discuss with paid preparer
Yes

Preparer

Firm
Hudson Cisne & Co Llp
Address
11025 ANDERSON DR STE 300, LITTLE ROCK, AR 72212-2472
Preparer
Sarah Gentry
Phone
5012211000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses communications 14,965 industry event & booth 27,341 advertising, promotion, s 47,241 non-investment depreciation 1,275 total 90,822

Form 990-ez, Part II, Line 24

Accounts receivable 13,013 157 prepaid expenses and deferred charges 23,989 18,530 total 37,002 18,687

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 19,384 0 accrued expenses 125 0 deferred scholarship revenue 47,348 78,428 advance from usa rice council 0 21,178

Form 990-ez, Part III

The arkansas rice council is the promotional arm of the arkansas rice industry. The arkansas rice council is affiliated with the usa rice council, which steers the course for domestic and international promotion of u.s. - grown rice.

Form 990-ez, Part III, Line 28

The arkansas rice council promotes the use and sale of rice and rice products. Rice production and processing play important roles in the state of arkansas. Arkansas grows rice on approximately 1.3 million acres each year. Rice is the state's second highest commodity and the top agricultural export. Arkansas rice farmers and millers contribute more than 6 billion to the state's economy annually and account for over 25,000 jobs that are crucial to the rural communities of arkansas.

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IRS990EZ/PrimaryExemptPurposeTxt0THE ARKANSAS RICE COUNCIL IS THE PROMOTIONAL ARM OF THE ARKANSAS RICE INDUSTRY. THE ARKANSAS RICE COUNCIL IS AFFILIATED WITH THE USA RICE COUNCIL, WHICH STEERS THE COURSE FOR DOMESTIC AND INTERNATIONAL PROMOTION OF U.S. - GROWN RICE.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ARKANSAS RICE COUNCIL PROMOTES THE USE AND SALE OF RICE AND RICE PRODUCTS. RICE PRODUCTION AND PROCESSING PLAY IMPORTANT ROLES IN THE STATE OF ARKANSAS. ARKANSAS GROWS RICE ON APPROXIMATELY 1.3 MILLION ACRES EACH YEAR. RICE IS THE STATE'S SECOND HIGHEST COMMODITY AND THE TOP AGRICULTURAL EXPORT. ARKANSAS RICE FARMERS AND MILLERS CONTRIBUTE MORE THAN 6 BILLION TO THE STATE'S ECONOMY ANNUALLY AND ACCOUNT FOR OVER 25,000 JOBS THAT ARE CRUCIAL TO THE RURAL COMMUNITIES OF ARKANSAS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES COMMUNICATIONS 14,965 INDUSTRY EVENT & BOOTH 27,341 ADVERTISING, PROMOTION, S 47,241 NON-INVESTMENT DEPRECIATION 1,275 TOTAL 90,822
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 13,013 157 PREPAID EXPENSES AND DEFERRED CHARGES 23,989 18,530 TOTAL 37,002 18,687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 19,384 0 ACCRUED EXPENSES 125 0 DEFERRED SCHOLARSHIP REVENUE 47,348 78,428 ADVANCE FROM USA RICE COUNCIL 0 21,178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ARKANSAS RICE COUNCIL IS THE PROMOTIONAL ARM OF THE ARKANSAS RICE INDUSTRY. THE ARKANSAS RICE COUNCIL IS AFFILIATED WITH THE USA RICE COUNCIL, WHICH STEERS THE COURSE FOR DOMESTIC AND INTERNATIONAL PROMOTION OF U.S. - GROWN RICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ARKANSAS RICE COUNCIL PROMOTES THE USE AND SALE OF RICE AND RICE PRODUCTS. RICE PRODUCTION AND PROCESSING PLAY IMPORTANT ROLES IN THE STATE OF ARKANSAS. ARKANSAS GROWS RICE ON APPROXIMATELY 1.3 MILLION ACRES EACH YEAR. RICE IS THE STATE'S SECOND HIGHEST COMMODITY AND THE TOP AGRICULTURAL EXPORT. ARKANSAS RICE FARMERS AND MILLERS CONTRIBUTE MORE THAN 6 BILLION TO THE STATE'S ECONOMY ANNUALLY AND ACCOUNT FOR OVER 25,000 JOBS THAT ARE CRUCIAL TO THE RURAL COMMUNITIES OF ARKANSAS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/Filer/USAddress/CityNm0LITTLE ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072201
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08EDA8D20D89C3D270FB38636EF645B9165877D88
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08EDA8D20D89C3D270FB38636EF645B9165877D88
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02019-06-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:07:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710650689
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUDSON CISNE & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011025 ANDERSON DR STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0722122472
ReturnHeader/PreparerPersonGrp/PhoneNum05012211000
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARAH GENTRY
ReturnHeader/ReturnTs02019-06-17T16:07:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-08-01
ReturnHeader/TaxPeriodEndDt02018-07-31
ReturnHeader/TaxYr02017

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