Civic Intelligence

Northcentral Arkansas Development Council Inc. 9Th & Oak Sts

990 • Fiscal year 2016 • EIN 71-0385980

Mar 01, 2015 to Feb 29, 2016 • Filed on Jul 13, 2016

PO Box 3349Batesville, AR 72503

(870) 793-5765

Siviq Scores

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

Liabilities / Assets

79th percentile

0.59x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

35th percentile

0.10x

Higher debt load relative to revenue than 35% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

34th percentile

-1.6%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

28th percentile

$71,104

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

4th percentile

-22%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-27%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$814,282

Down $228,474 (-22%) from 2015

Net Assets

Down

$335,318

Down $80,721 (-19%) from 2015

Liabilities

Down

$478,964

Down $147,753 (-24%) from 2015

Revenue

Down

$5,040,096

Down $1,829,821 (-27%) from 2015

Expenses

Down

$5,120,817

Down $1,855,467 (-27%) from 2015

Net Income

Up

-$80,721

Up $25,646 (+24%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,184,432Liabilities 2011: $767,717Net Assets 2011: $416,7152011Assets 2012: $720,834Liabilities 2012: $361,886Net Assets 2012: $358,9482012Assets 2013: $909,100Liabilities 2013: $448,969Net Assets 2013: $460,1312013Assets 2014: $1,329,639Liabilities 2014: $807,223Net Assets 2014: $522,4162014Assets 2015: $1,042,756Liabilities 2015: $626,717Net Assets 2015: $416,0392015Assets 2016: $814,282Liabilities 2016: $478,964Net Assets 2016: $335,3182016Assets 2017: $1,113,680Liabilities 2017: $709,067Net Assets 2017: $404,6132017Assets 2018: $987,191Liabilities 2018: $540,317Net Assets 2018: $446,8742018Assets 2019: $1,112,107Liabilities 2019: $623,062Net Assets 2019: $489,0452019Assets 2020: $3,957,948Liabilities 2020: $918,197Net Assets 2020: $3,039,7512020Assets 2021: $3,584,042Liabilities 2021: $526,431Net Assets 2021: $3,057,6112021Assets 2022: $4,767,987Liabilities 2022: $1,523,755Net Assets 2022: $3,244,2322022Assets 2023: $5,676,925Liabilities 2023: $1,692,937Net Assets 2023: $3,983,9882023Assets 2024: $5,455,618Liabilities 2024: $1,328,737Net Assets 2024: $4,126,8812024Assets 2025: $5,823,655Liabilities 2025: $1,456,232Net Assets 2025: $4,367,4232025

Highlighted filing

2016

Assets$814,282
Liabilities$478,964
Net Assets$335,318

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $8,710,5932011Expenses 2012: $7,164,3562012Expenses 2013: $6,400,0722013Revenue 2014: $6,119,968Expenses 2014: $6,336,065Net Income 2014: -$216,0972014Revenue 2015: $6,869,917Expenses 2015: $6,976,284Net Income 2015: -$106,3672015Revenue 2016: $5,040,096Expenses 2016: $5,120,817Net Income 2016: -$80,7212016Revenue 2017: $3,572,858Expenses 2017: $3,503,563Net Income 2017: $69,2952017Revenue 2018: $4,718,511Expenses 2018: $4,676,250Net Income 2018: $42,2612018Revenue 2019: $6,250,831Expenses 2019: $6,208,660Net Income 2019: $42,1712019Revenue 2020: $7,833,277Expenses 2020: $5,282,571Net Income 2020: $2,550,7062020Revenue 2021: $6,295,655Expenses 2021: $6,277,795Net Income 2021: $17,8602021Revenue 2022: $7,265,408Expenses 2022: $7,078,787Net Income 2022: $186,6212022Revenue 2023: $8,217,838Expenses 2023: $7,832,895Net Income 2023: $384,9432023Revenue 2024: $7,108,091Expenses 2024: $6,965,198Net Income 2024: $142,8932024Revenue 2025: $6,839,031Expenses 2025: $6,598,489Net Income 2025: $240,5422025

Highlighted filing

2016

Revenue$5,040,096
Expenses$5,120,817
Net Income-$80,721
Jump To
Filing Snapshot
Filing Period
Mar 1, 2015 to Feb 29, 2016
Signed
Jul 13, 2016
Return Version
2015v2.0
Gross Receipts
$5,040,096
Mission and Program Overview

Mission

Organizaton was established for charitable and educational purposes for the economically disadvantaged in the north central arkansas area region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$523,540$575,074▲ $51,534
Land, Buildings, and Equipment, Net$246,269$172,203▼ $74,066
Accounts Receivable$249,659$67,005▼ $182,654
Savings and Temporary Cash Investments$23,288$0▼ $23,288
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,042,756$814,282▼ $228,474
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$427,485$258,170▼ $169,315
Deferred Revenue$199,231$220,794▲ $21,563
Other Liabilities$1--
Total Liabilities$626,717$478,964▼ $147,753
Net Assets / Fund Balance
Unrestricted Net Assets$416,039$335,318▼ $80,721
Total Net Assets Fund Balance$416,039$335,318▼ $80,721
Total Liabilities and Net Assets / Fund Balance$1,042,756$814,282▼ $228,474

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$160,971$537,473$698,444
Equipment$11,232$66,649$77,881
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charlie MorrisExecutive DirectorFT$71,104$71,104

Board Members and Trustees

NameTitle
Hon Robert GriffinChairman
Barbara TaylorBoard Member
Carolyn LewisBoard Member
Clara RamseyBoard Member
Darla YorkBoard Member
Donnie OrfBoard Member
Eric PickleBoard Member
Hon Darrell ZimmerBoard Member
James StreetBoard Member
Jeral HastingsBoard Member
Joannie KingBoard Member
Mary MitchellBoard Member
Mildred CheathamBoard Member
Patty CashBoard Member
Rhonda HalbrookBoard Member
Tammy SpurlockBoard Member
Tina ThomasBoard Member
Willie Fay IvyBoard Member
Willie StrongBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$5,051,494
Program Service Revenue
$52,812
Investment Income
$-64,636
Other Revenue
$426
All Other Contributions
$181,017
Change in Net Assets
$-80,721

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,040,096
Total Revenue per Audited Statements
$5,040,096
Total Revenue per Form 990
$5,040,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,765,741
Salaries, Compensation, and Employee Benefits$2,355,076
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,492,791$85,284-$1,578,075
Other Employee Benefits$424,229$25,023-$449,252
Payroll Taxes$239,549$17,096-$256,645
Occupancy$114,812$5,670-$120,482
Travel$83,250$4,589-$87,839
Current Officers, Directors, Trustees, and Key Employees-$71,104-$71,104
Other Expenses$68,340$7,547-$68,340
Office Expenses$53,061$6,798-$59,859
All Other Expenses$28,400$15,435-$43,835
Insurance$947$41,194-$42,141
Depreciation Depletion$26,009$7,232-$33,241
Fees for Services Accounting-$12,887-$12,887
Total Functional Expenses$4,809,718$311,099$0$5,120,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,120,817
Total Expenses per Audited Statements$5,120,817
Total Expenses per Form 990$5,120,817
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$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 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, Line 11B: Form 990 Review Process

Management reviews form 990 before it is filed and board members are provided a copy at the monthly board meeting to approve before the 990 is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are reviewed annually and made aware of any conflicts that may exist

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Presented to the board for approval

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Presented to the board for approval

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All documents are subject to foi

Filing and Contact Details

Filer

Filer Name
Northcentral Arkansas Development
EIN
71-0385980
Phone
8707935765
Address
PO BOX 3349, BATESVILLE, AR 72503

Signing Officer

Name
Charles Morris
Title
Executive Director
Signed
2016-07-13
Discuss with paid preparer
Yes

Organization Details

Formed
1966
Legal Domicile
Ar
Voting Board Members
19
Independent Board Members
19
Employees
318

Preparer

Firm
Welch Couch & Company PA
Address
410 Barnett Dr, Batesville, AR 72501
Preparer
John Ed Welch
Phone
8707935231
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: employment training other program services 5: low income assistance

Financial Statement Notes

Part X : FIN48 Footnote

Management annually reviews its tax position and has determined that there are no material uncertain tax positions that require recognition in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19Executive Dir.
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IRS990/FormationYr01966
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-65188
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToOrganizationsInd0false
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IRS990/InsuranceGrp/ProgramServicesAmt0947
IRS990/InsuranceGrp/TotalAmt042141
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ORGANIZATON WAS ESTABLISHED FOR CHARITABLE AND EDUCATIONAL PURPOSES FOR THE ECONOMICALLY DISADVANTAGED IN THE NORTH CENTRAL ARKANSAS AREA REGION.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0424229
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IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
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IRS990/OtherExpensesGrp/ProgramServicesAmt01555005
IRS990/OtherExpensesGrp/ProgramServicesAmt1632902
IRS990/OtherExpensesGrp/ProgramServicesAmt290423
IRS990/OtherExpensesGrp/ProgramServicesAmt368340
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IRS990/OtherExpensesGrp/TotalAmt368340
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0239549
IRS990/PayrollTaxesGrp/TotalAmt0256645
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052812
IRS990/ProgSrvcAccomActy2Grp/Desc0EMPLOYMENT TRAINING
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IRS990/ProgSrvcAccomActy3Grp/Desc0LOW INCOME ASSISTANCE
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06783059
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0567
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IRS990/PYOtherExpensesAmt03645906
IRS990/PYOtherRevenueAmt01439
IRS990/PYProgramServiceRevenueAmt084852
IRS990/PYRevenuesLessExpensesAmt0-106367
IRS990/PYSalariesCompEmpBnftPaidAmt03330378
IRS990/PYTotalExpensesAmt06976284
IRS990/PYTotalRevenueAmt06869917
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-80721

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.82$1.46$4.37$6.84$6.60$0.24
2024Detailed filing. Detailed filing data is available for this year.$5.46$1.33$4.13$7.11$6.97$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.68$1.69$3.98$8.22$7.83$0.38
2022Detailed filing. Detailed filing data is available for this year.$4.77$1.52$3.24$7.27$7.08$0.19
2021Detailed filing. Detailed filing data is available for this year.$3.58$0.53$3.06$6.30$6.28$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.96$0.92$3.04$7.83$5.28$2.55
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.62$0.49$6.25$6.21$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.54$0.45$4.72$4.68$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.71$0.40$3.57$3.50$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.48$0.34$5.04$5.12$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.63$0.42$6.87$6.98$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.81$0.52$6.12$6.34$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.45$0.46$6.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.36$0.36$7.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.77$0.42$8.71