Civic Intelligence

Riggs Employee'S Fund

990 • Fiscal year 2018 • EIN 71-0608123

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 28, 2019

PO Box 1399Little Rock, AR 72203-1399

(501) 570-3519

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

61st percentile

8.4%

Faster asset growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$293,452

Up $22,659 (+8.4%) from 2017

Net Assets

Up

$293,452

Up $22,659 (+8.4%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$214,368

Down $45,385 (-17%) from 2017

Expenses

Down

$191,709

Down $48,888 (-20%) from 2017

Net Income

Up

$22,659

Up $3,503 (+18%) 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$0Assets 2011: $68,780Liabilities 2011: $02011Assets 2012: $62,274Liabilities 2012: $02012Assets 2013: $64,242Liabilities 2013: $02013Assets 2014: $70,086Liabilities 2014: $02014Assets 2015: $168,552Liabilities 2015: $0Net Assets 2015: $168,5522015Assets 2016: $251,637Liabilities 2016: $0Net Assets 2016: $251,6372016Assets 2017: $270,793Liabilities 2017: $0Net Assets 2017: $270,7932017Assets 2018: $293,452Liabilities 2018: $0Net Assets 2018: $293,4522018Assets 2019: $302,096Liabilities 2019: $0Net Assets 2019: $302,0962019Assets 2020: $257,664Liabilities 2020: $0Net Assets 2020: $257,6642020Assets 2021: $245,308Liabilities 2021: $0Net Assets 2021: $245,3082021Assets 2022: $219,815Liabilities 2022: $0Net Assets 2022: $219,8152022Assets 2023: $236,163Liabilities 2023: $0Net Assets 2023: $236,1632023Assets 2024: $234,277Liabilities 2024: $0Net Assets 2024: $234,2772024

Highlighted filing

2018

Assets$293,452
Liabilities$0
Net Assets$293,452

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $81,047Expenses 2011: $81,294Net Income 2011: -$2472011Revenue 2012: $75,902Expenses 2012: $82,408Net Income 2012: -$6,5062012Revenue 2013: $78,140Expenses 2013: $76,172Net Income 2013: $1,9682013Revenue 2014: $79,048Expenses 2014: $73,204Net Income 2014: $5,8442014Revenue 2015: $178,455Expenses 2015: $79,989Net Income 2015: $98,4662015Revenue 2016: $247,912Expenses 2016: $164,827Net Income 2016: $83,0852016Revenue 2017: $259,753Expenses 2017: $240,597Net Income 2017: $19,1562017Revenue 2018: $214,368Expenses 2018: $191,709Net Income 2018: $22,6592018Revenue 2019: $201,909Expenses 2019: $193,265Net Income 2019: $8,6442019Revenue 2020: $193,651Expenses 2020: $238,083Net Income 2020: -$44,4322020Revenue 2021: $190,961Expenses 2021: $203,317Net Income 2021: -$12,3562021Revenue 2022: $213,001Expenses 2022: $238,494Net Income 2022: -$25,4932022Revenue 2023: $291,546Expenses 2023: $275,198Net Income 2023: $16,3482023Revenue 2024: $343,172Expenses 2024: $345,058Net Income 2024: -$1,8862024

Highlighted filing

2018

Revenue$214,368
Expenses$191,709
Net Income$22,659
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 28, 2019
Return Version
2018v3.1
Gross Receipts
$214,368
Mission and Program Overview

Mission

Make charitable donations, provide scholarships and other donations as well as provide employee hardship assistance.

Make charitable donations, provide scholarships and provide employee hardship assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$270,793$293,452▲ $22,659
Rtn Earn Endowment Incm Other Fnds$270,793$293,452▲ $22,659
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$270,793$293,452▲ $22,659
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$270,793$293,452▲ $22,659
Total Liabilities and Net Assets / Fund Balance$270,793$293,452▲ $22,659
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard MeshellChairman
Jason McdonaldTrustee
Justin MonroeTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$193,446
Program Service Revenue
$0
Investment Income
$2,239
Other Revenue
$18,683
All Other Contributions
$193,446
Change in Net Assets
$22,659

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 AmountValuation Method
Other Non Cash Contri Table1$18,577Cost
Other Non Cash Contri Table3$10,656Cost
Other Non Cash Contri Table1$2,232Cost
Total Noncash Contributions5$31,465-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$191,694
Other Expenses$15
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$105,321--$105,321
Grants to Domestic Orgs$86,373--$86,373
Fees for Services Other-$15-$15
Total Functional Expenses$191,694$15$0$191,709
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Second Chance RanchBryant, AR501(c)(3)Property Maintenance$17,759
Mayfly ProjectBenton, AR501(c)(3)General Support$7,500
Arkansas ChildrensLittle Rock, AR501(c)(3)General Support$7,250
Project ZeroLittle Rock, AR501(c)(3)General Support-
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Section B, Line 11B

Each trustee is given the opportunity to review the 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The declaration of trust is reviewed more than once per year by all trustees. In addition, any disbursement requires a vote from all three trustees so that none of them would be able to take action that the others did not approve. This process is addressed in the declaration of trust where it says "trustees shall act by unanimity regarding all matters".

Form 990, Part VI, Section C, Line 19

All are available upon request.

Filing and Contact Details

Filer

Filer Name
RIGGS EMPLOYEE'S FUND
EIN
71-0608123
Phone
5015703519
Address
PO BOX 1399, LITTLE ROCK, AR 72203-1399

Signing Officer

Name
Richard Meshell
Title
Chairman
Phone
5015703519
Signed
2019-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Meshell
Formed
1986
Legal Domicile
Ar
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Hogantaylor Llp
Address
11300 CANTRELL ROAD SUITE 301, LITTLE ROCK, AR 72212
Preparer
Michelle Mann
Phone
5012275800
Raw XML Appendix370 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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ANY REQUEST OF ASSISTANCE MUST BE SUBMITTED TO THE TRUSTEES FOR REVIEW AND RECEIVE MAJORITY APPROVAL BEFORE THE REQUESTS ARE GRANTED. ALL ELIGIBLE SCHOLARSHIP APPLICATIONS ARE REVIEWED BY AN OUTSIDE GROUP OF PROFESSORS AND THEIR RECOMMENDATIONS ACCEPTED BY THE TRUSTEES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH TRUSTEE IS GIVEN THE OPPORTUNITY TO REVIEW THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DECLARATION OF TRUST IS REVIEWED MORE THAN ONCE PER YEAR BY ALL TRUSTEES. IN ADDITION, ANY DISBURSEMENT REQUIRES A VOTE FROM ALL THREE TRUSTEES SO THAT NONE OF THEM WOULD BE ABLE TO TAKE ACTION THAT THE OTHERS DID NOT APPROVE. THIS PROCESS IS ADDRESSED IN THE DECLARATION OF TRUST WHERE IT SAYS "TRUSTEES SHALL ACT BY UNANIMITY REGARDING ALL MATTERS".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0270793
IRS990/TotalAssetsEOYAmt0293452
IRS990/TotalAssetsGrp/BOYAmt0270793
IRS990/TotalAssetsGrp/EOYAmt0293452
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0193446
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0191694
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0270793
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0191694
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020922
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0214368
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0270793
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0293452
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0LITTLE ROCK
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072203
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD MESHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05015703519
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIGGS EMPLOYEE'S FUND
ReturnHeader/Filer/BusinessNameControlTxt0RIGG
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ReturnHeader/Filer/PhoneNum05015703519
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1399
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.234.194.162
ReturnHeader/FilingSecurityInformation/IPDt02019-03-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:43:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731413977
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOGANTAYLOR LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011300 CANTRELL ROAD SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072212
ReturnHeader/PreparerPersonGrp/PhoneNum05012275800
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE MANN
ReturnHeader/ReturnTs02019-04-17T11:26:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$3.43$3.45$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$2.92$2.75$0.16
2022Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$2.13$2.38$0.25
2021Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$1.91$2.03$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$1.94$2.38$0.44
2019Detailed filing. Detailed filing data is available for this year.$3.02$0.00$3.02$2.02$1.93$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$2.14$1.92$0.23
2017Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$2.60$2.41$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$2.48$1.65$0.83
2015Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$1.78$0.80$0.98
2014Summary only. Only limited summary data is available for this year.$0.70$0.00$0.79$0.73$0.06
2013Summary only. Only limited summary data is available for this year.$0.64$0.00$0.78$0.76$0.02
2012Summary only. Only limited summary data is available for this year.$0.62$0.00$0.76$0.82$0.07
2011Summary only. Only limited summary data is available for this year.$0.69$0.00$0.81$0.81$0.00