Civic Intelligence

Northcentral Arkansas Development Council Inc. 9Th & Oak Sts

990 • Fiscal year 2018 • EIN 71-0385980

Mar 01, 2017 to Feb 28, 2018 • Filed on Jul 11, 2018

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

82nd percentile

0.55x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$60,284

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

32%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$987,191

Down $126,489 (-11%) from 2017

Net Assets

Up

$446,874

Up $42,261 (+10%) from 2017

Liabilities

Down

$540,317

Down $168,750 (-24%) from 2017

Revenue

Up

$4,718,511

Up $1,145,653 (+32%) from 2017

Expenses

Up

$4,676,250

Up $1,172,687 (+33%) from 2017

Net Income

Down

$42,261

Down $27,034 (-39%) from 2017

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

2018

Assets$987,191
Liabilities$540,317
Net Assets$446,874

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

2018

Revenue$4,718,511
Expenses$4,676,250
Net Income$42,261
Jump To
Filing Snapshot
Filing Period
Mar 1, 2017 to Feb 28, 2018
Signed
Jul 11, 2018
Return Version
2017v2.2
Gross Receipts
$4,718,511
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$912,899$745,677▼ $167,222
Land, Buildings, and Equipment, Net$151,135$147,293▼ $3,842
Accounts Receivable$49,646$68,459▲ $18,813
Prepaid Expenses and Deferred Charges-$25,762-
Savings and Temporary Cash Investments-$0-
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-
Total Assets$1,113,680$987,191▼ $126,489
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$353,431$345,452▼ $7,979
Deferred Revenue$355,636$194,865▼ $160,771
Total Liabilities$709,067$540,317▼ $168,750
Net Assets / Fund Balance
Unrestricted Net Assets$404,613$446,874▲ $42,261
Total Net Assets Fund Balance$404,613$446,874▲ $42,261
Total Liabilities and Net Assets / Fund Balance$1,113,680$987,191▼ $126,489

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$141,298$557,146$698,444
Equipment$5,995$24,554$30,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charlie MorrisExecutive DirectorFT$60,284$60,284
Staci AlbertOperations DirectorFT$51,313$51,313

Board Members and Trustees

NameTitle
Hon Robert GriffinChairman
Eric PickleBoard Member
Hon Darrell ZimmerBoard Member
Jeral HastingsBoard Member
Tina ThomasBoard Member
Adam DavisDirector
Alan BuffordDirector
Ben BaxterDirector
Bob DennyDirector
Eric SmithDirector
Mashale LawrenceDirector
Mindy ShawDirector
Pam SesterDirector
Pat CarterDirector
Robbie MckenzieDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$4,666,709
Program Service Revenue
$16,673
Investment Income
$529
Other Revenue
$34,600
All Other Contributions
$16,235
Change in Net Assets
$42,261

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,718,511
Total Revenue per Audited Statements
$4,718,511
Total Revenue per Form 990
$4,718,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,241,553
Other Expenses$1,465,061
Grants and Similar Amounts Paid$969,636
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,458,751$59,885-$1,518,636
Grants to Domestic Individuals$969,636--$969,636
Payroll Taxes$242,859$26,984-$269,843
Other Employee Benefits$212,471$23,608-$236,079
Other Expenses$178,701$6,245-$178,701
Current Officers, Directors, Trustees, and Key Employees-$111,597-$111,597
Pension Plan Contributions$94,858$10,540-$105,398
Occupancy$103,979--$103,979
Travel$93,453$1,288-$94,741
All Other Expenses$84,647$456-$85,103
Insurance$29,681$5,514-$35,195
Depreciation Depletion$6,782$3,054-$9,836
Total Functional Expenses$4,425,772$250,478$0$4,676,250

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,676,250
Total Expenses per Audited Statements$4,676,250
Total Expenses per Form 990$4,676,250
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
2018-07-11
Discuss with paid preparer
Yes

Organization Details

Formed
1966
Legal Domicile
Ar
Voting Board Members
15
Independent Board Members
15
Employees
124

Preparer

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

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/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15OPERATIONS DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16Executive Dir.
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IRS990/Form990TFiledInd0false
IRS990/FormationYr01966
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IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0969636
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossRentsGrp/RealAmt033450
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt05514
IRS990/InsuranceGrp/ProgramServicesAmt029681
IRS990/InsuranceGrp/TotalAmt035195
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/LandBldgEquipCostOrOtherBssAmt0728993
IRS990/LegalDomicileStateCd0AR
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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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0404613
IRS990/NetAssetsOrFundBalancesEOYAmt0446874
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt033450
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt033450
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0103979
IRS990/OccupancyGrp/TotalAmt0103979
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023608
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0212471
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0236079
IRS990/OtherExpensesGrp/Desc0SUPPLIES & OTHER
IRS990/OtherExpensesGrp/Desc1FOOD AND KITCHEN
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3CONTRACT SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01307
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16245
IRS990/OtherExpensesGrp/ProgramServicesAmt0380033
IRS990/OtherExpensesGrp/ProgramServicesAmt1363475
IRS990/OtherExpensesGrp/ProgramServicesAmt2206446
IRS990/OtherExpensesGrp/ProgramServicesAmt3178701
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IRS990/OtherExpensesGrp/TotalAmt1363475
IRS990/OtherExpensesGrp/TotalAmt2212691
IRS990/OtherExpensesGrp/TotalAmt3178701
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
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IRS990/OtherRevenueTotalAmt01150
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059885
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01458751
IRS990/OtherSalariesAndWagesGrp/TotalAmt01518636
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026984
IRS990/PayrollTaxesGrp/ProgramServicesAmt0242859
IRS990/PayrollTaxesGrp/TotalAmt0269843
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010540
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt094858
IRS990/PensionPlanContributionsGrp/TotalAmt0105398
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025762
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016673
IRS990/ProgSrvcAccomActy2Grp/Desc0LOW INCOME ENERGY ASSISTANCE
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt0969398
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01117730
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY SUPPORT
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0244709
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0238
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0303739
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03497314
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0887464
IRS990/PYInvestmentIncomeAmt0465
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0901810
IRS990/PYOtherRevenueAmt059845
IRS990/PYProgramServiceRevenueAmt015234
IRS990/PYRevenuesLessExpensesAmt069295
IRS990/PYSalariesCompEmpBnftPaidAmt01714289
IRS990/PYTotalExpensesAmt03503563
IRS990/PYTotalRevenueAmt03572858
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt042261
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt033450
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03260153
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04666709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03572393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05051494
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06783059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06060946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt026134601
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0529
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0465
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0552

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