Civic Intelligence

Arkansas Land & Farm Development

EIN 71-0542195 • 501(c)3 • Brinkley, AR

Profile

The organization provides training and service assistance to farm development, community education programs, land retention, program management, housing, rural and community development

PO Box 743Brinkley, AR 72021
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.47x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

6.39x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

24th percentile

-4.9%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-10%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,658,494

Down $85,498 (-4.9%) from 2023

Liabilities

Down

$2,445,370

Down $69,410 (-2.8%) from 2023

Net Assets

Down

-$786,876

Down $16,088 (-2.1%) from 2023

Revenue

Down

$382,780

Down $43,407 (-10%) from 2023

Expenses

Down

$398,868

Down $78,873 (-17%) from 2023

Net Income

Up

-$16,088

Up $35,466 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $3,008,900Liabilities 2011: $2,577,142Net Assets 2011: $431,7582011Assets 2012: $4,036,566Liabilities 2012: $2,683,354Net Assets 2012: $1,353,2122012Assets 2013: $3,293,048Liabilities 2013: $2,570,285Net Assets 2013: $722,7632013Assets 2014: $2,837,359Liabilities 2014: $2,477,542Net Assets 2014: $359,8172014Assets 2015: $2,496,069Liabilities 2015: $2,368,899Net Assets 2015: $127,1702015Assets 2016: $2,585,297Liabilities 2016: $2,673,020Net Assets 2016: -$87,7232016Assets 2017: $2,331,874Liabilities 2017: $2,672,559Net Assets 2017: -$340,6852017Assets 2018: $2,217,696Liabilities 2018: $2,655,604Net Assets 2018: -$437,9082018Assets 2019: $2,041,261Liabilities 2019: $2,570,206Net Assets 2019: -$528,9452019Assets 2020: $1,925,038Liabilities 2020: $2,558,654Net Assets 2020: -$633,6162020Assets 2021: $1,862,811Liabilities 2021: $2,523,652Net Assets 2021: -$660,8412021Assets 2022: $1,786,728Liabilities 2022: $2,505,962Net Assets 2022: -$719,2342022Assets 2023: $1,743,992Liabilities 2023: $2,514,780Net Assets 2023: -$770,7882023Assets 2024: $1,658,494Liabilities 2024: $2,445,370Net Assets 2024: -$786,8762024

Highlighted filing

2024

Assets$1,658,494
Liabilities$2,445,370
Net Assets-$786,876

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,339,0842011Expenses 2012: $1,937,6322012Expenses 2013: $1,721,0472013Revenue 2014: $1,343,952Expenses 2014: $1,706,898Net Income 2014: -$362,9462014Revenue 2015: $737,006Expenses 2015: $969,653Net Income 2015: -$232,6472015Revenue 2016: $273,956Expenses 2016: $534,267Net Income 2016: -$260,3112016Revenue 2017: $385,031Expenses 2017: $637,993Net Income 2017: -$252,9622017Revenue 2018: $271,729Expenses 2018: $368,952Net Income 2018: -$97,2232018Revenue 2019: $400,317Expenses 2019: $491,354Net Income 2019: -$91,0372019Revenue 2020: $424,601Expenses 2020: $529,272Net Income 2020: -$104,6712020Revenue 2021: $405,770Expenses 2021: $432,995Net Income 2021: -$27,2252021Revenue 2022: $446,209Expenses 2022: $504,602Net Income 2022: -$58,3932022Revenue 2023: $426,187Expenses 2023: $477,741Net Income 2023: -$51,5542023Revenue 2024: $382,780Expenses 2024: $398,868Net Income 2024: -$16,0882024

Highlighted filing

2024

Revenue$382,780
Expenses$398,868
Net Income-$16,088

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.66$2.45$0.79$0.38$0.40$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$2.51$0.77$0.43$0.48$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$2.51$0.72$0.45$0.50$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$2.52$0.66$0.41$0.43$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$2.56$0.63$0.42$0.53$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$2.57$0.53$0.40$0.49$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$2.66$0.44$0.27$0.37$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$2.67$0.34$0.39$0.64$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$2.67$0.09$0.27$0.53$0.26
2015Detailed filing. Detailed filing data is available for this year.$2.50$2.37$0.13$0.74$0.97$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.84$2.48$0.36$1.34$1.71$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$2.57$0.72$1.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$2.68$1.35$1.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$2.58$0.43$1.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 11, 2025
Return Version
2023v6.0
Gross Receipts
$508,626
Mission and Program Overview

Mission

The organization provides training and service assistance to farm development, community education programs, land retention, program management, housing, rural and community development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,118,865$1,048,275▼ $70,590
Other Notes and Loans Receivable, Net$553,113$508,135▼ $44,978
Cash and Non-Interest-Bearing Accounts$72,014$102,084▲ $30,070
Total Assets$1,743,992$1,658,494▼ $85,498
Liabilities
Unsecured Notes Loans Payable$2,020,731$1,951,321▼ $69,410
Grants Payable$441,728$441,728→ $0
Other Liabilities$52,321$52,321→ $0
Total Liabilities$2,514,780$2,445,370▼ $69,410
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-770,788$-786,876▼ $16,088
Total Net Assets Fund Balance$-770,788$-786,876▼ $16,088
Total Liabilities and Net Assets / Fund Balance$1,743,992$1,658,494▼ $85,498

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$895,133$2,293,172$3,188,305
Land$153,142-$153,142
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian CorneliusChairman
Corey FarmerVice Chairma
Berlin JonesDirector
Burthel ThomasDirector
Curtis TateDirector
Darrin DavisDirector
James LoweryDirector
Julius HandcockDirector
Linda WilsonDirector
Mary BoneDirector
Odell CarrDirector
Roger SmithDirector
Evette BrowningSecretary
Harrison LockeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,000
Program Service Revenue
$288,720
Investment Income
$0
Other Revenue
$88,060
All Other Contributions
$6,000
Change in Net Assets
$-16,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$382,780
Total Revenue per Audited Statements
$382,780
Total Revenue per Form 990
$382,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,865
Salaries, Compensation, and Employee Benefits$84,003
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$75,874--$75,874
Other Salaries and Wages$73,912--$73,912
Depreciation Depletion$70,590--$70,590
Office Expenses$42,792--$42,792
Other Expenses$18,905--$18,905
All Other Expenses$9,771--$9,771
Payroll Taxes$6,359--$6,359
Travel$5,084$51-$5,135
Other Employee Benefits$3,732--$3,732
Fees for Services Legal$2,582--$2,582
Fees for Services Accounting$625--$625
Total Functional Expenses$398,817$51$0$398,868

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$398,868
Total Expenses per Audited Statements$398,868
Total Expenses per Form 990$398,868
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
Security Deposits$41,160
Accrued Int Payable$11,161
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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 executive director, and board chairman

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Arkansas Land & Farm Development
EIN
71-0542195
Phone
8707341140
Address
PO BOX 743, BRINKLEY, AR 72021

Signing Officer

Name
Calvin R King
Title
Executive Director
Phone
8707341140
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Cornelius
Formed
1987
Legal Domicile
Ar
Voting Board Members
14
Independent Board Members
14
Employees
10

Preparer

Firm
Meyer & Ward Cpas Pa
Address
PO BOX 1045 - 723 S FALLS BLVD ST, WYNNE, AR 72396
Preparer
Hoda D Ward CPA
Phone
8702387971
Raw XML Appendix384 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/ReturnTs02025-08-15T10:21:20-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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