Civic Intelligence

Mountain Home Chamber Foundation Inc.

EIN 71-0678891 • 501(c)3 • Mountain Home, AR

Pub. 78 Eligible990-N Coverage

Profile

To promote and assist public school systems in and around baxter county, ar. To advance public educational programs relating to local and community problems. To assist in the prevention of community deterioration. To assist in the economic development of the local community. To provide financial assistance to other public charitable causes. To preserve and maintain historic structures in and around baxter county, ar. To put on the red white and blue festival and fireworks show annually to foster a better community and promote the community to visitors.

780 Cr 1075Mountain Home, AR 72653

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

18th percentile

-35%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

27th percentile

-30%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

0.0%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$51,502

Down $21,574 (-30%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$51,502

Down $21,574 (-30%) from 2019

Revenue

Up

$62,058

Up $20 (+0.0%) from 2019

Expenses

Down

$83,631

Down $10,033 (-11%) from 2019

Net Income

Up

-$21,573

Up $10,053 (+32%) from 2019

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $191,079Net Assets 2011: $191,0792011Assets 2012: $189,698Net Assets 2012: $189,6982012Assets 2019: $73,076Liabilities 2019: $0Net Assets 2019: $73,0762019Assets 2020: $51,502Liabilities 2020: $0Net Assets 2020: $51,5022020

Highlighted filing

2020

Assets$51,502
Liabilities$0
Net Assets$51,502

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $42,594Expenses 2011: $45,270Net Income 2011: -$2,6762011Revenue 2012: $36,243Expenses 2012: $37,624Net Income 2012: -$1,3812012Revenue 2019: $62,038Expenses 2019: $93,664Net Income 2019: -$31,6262019Revenue 2020: $62,058Expenses 2020: $83,631Net Income 2020: -$21,5732020

Highlighted filing

2020

Revenue$62,058
Expenses$83,631
Net Income-$21,573

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2019 to Feb 29, 2020
Signed
Sep 10, 2020
Return Version
2019v5.0
Gross Receipts
$62,058
Mission and Program Overview

Mission

To promote and assist public school systems in and around baxter county, ar. To advance public educational programs relating to local and community problems. To assist in the prevention of community deterioration. To assist in the economic development of the local community. To provide financial assistance to other public charitable causes. To preserve and maintain historic structures in and around baxter county, ar. To put on the red white and blue festival and fireworks show annually to foster a better community and promote the community to visitors.

Program Services

DescriptionGrantsExpenses
PROMOTED AND ASSISTED PUBLIC SCHOOL SYSTEMS IN AND AROUND BAXTER COUNTY, AR. WORKED TO ADVANCE PUBLIC EDUCATIONAL PROGRAMS RELATING TO LOCAL AND COMMUNITY PROBLEMS. PUT ON A FIREWORKS SHOW TO PROMOTE THE COMMUNITY. ASSISTED IN THE ECONOMIC DEVELOPMENT OF THE LOCAL COMMUNITY. HELD THE ANNUAL RED WHITE AND BLUE FIREWORKS SHOW AND FESTIVAL.-$80,916
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK BALLARDPresident-$0--
JACKIE MORRISONTreasurer-$0--
ROGER MORGANVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Mountain Home Chamber Foundation
EIN
71-0678891
Phone
8704042433
Address
780 CR 1075, MOUNTAIN HOME, AR 72653

Signing Officer

Name
Jackie Morrison
Title
Treasurer
Phone
8704042433
Signed
2020-09-10
Discuss with paid preparer
Yes

Preparer

Firm
BALLARD & COMPANY LTD CPA'S
Address
210 E 7TH ST STE 2, MOUNTAIN HOME, AR 72653
Preparer
Patrick C Ballard
Phone
8704256256
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 2,072 lodging 601 interest 196 insurance 643 fireworks display 24,500 economic development 20,000 prizes 3,384 miscellaneous 1,473 total 52,869

Form 990-ez, Part II, Line 24

2,000 2,000 less accumulated depreciation 2,000 2,000 1,998 1,998 less accumulated amortization 1,998 1,998 total 0 0

Form 990-ez, Part III

To promote and assist public school systems in and around baxter county, ar. To advance public educational programs relating to local and community problems. To assist in the prevention of community deterioration. To assist in the economic development of the local community. To provide financial assistance to other public charitable causes. To preserve and maintain historic structures in and around baxter county, ar. To put on the red white and blue festival and fireworks show annually to foster a better community and promote the community to visitors.

Form 990-ez, Part III, Line 28

Promoted and assisted public school systems in and around baxter county, ar. Worked to advance public educational programs relating to local and community problems. Put on a fireworks show to promote the community. Assisted in the economic development of the local community. Held the annual red white and blue fireworks show and festival.

Raw XML Appendix142 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 2,072 LODGING 601 INTEREST 196 INSURANCE 643 FIREWORKS DISPLAY 24,500 ECONOMIC DEVELOPMENT 20,000 PRIZES 3,384 MISCELLANEOUS 1,473 TOTAL 52,869
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12,000 2,000 LESS ACCUMULATED DEPRECIATION 2,000 2,000 1,998 1,998 LESS ACCUMULATED AMORTIZATION 1,998 1,998 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROMOTE AND ASSIST PUBLIC SCHOOL SYSTEMS IN AND AROUND BAXTER COUNTY, AR. TO ADVANCE PUBLIC EDUCATIONAL PROGRAMS RELATING TO LOCAL AND COMMUNITY PROBLEMS. TO ASSIST IN THE PREVENTION OF COMMUNITY DETERIORATION. TO ASSIST IN THE ECONOMIC DEVELOPMENT OF THE LOCAL COMMUNITY. TO PROVIDE FINANCIAL ASSISTANCE TO OTHER PUBLIC CHARITABLE CAUSES. TO PRESERVE AND MAINTAIN HISTORIC STRUCTURES IN AND AROUND BAXTER COUNTY, AR. TO PUT ON THE RED WHITE AND BLUE FESTIVAL AND FIREWORKS SHOW ANNUALLY TO FOSTER A BETTER COMMUNITY AND PROMOTE THE COMMUNITY TO VISITORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROMOTED AND ASSISTED PUBLIC SCHOOL SYSTEMS IN AND AROUND BAXTER COUNTY, AR. WORKED TO ADVANCE PUBLIC EDUCATIONAL PROGRAMS RELATING TO LOCAL AND COMMUNITY PROBLEMS. PUT ON A FIREWORKS SHOW TO PROMOTE THE COMMUNITY. ASSISTED IN THE ECONOMIC DEVELOPMENT OF THE LOCAL COMMUNITY. HELD THE ANNUAL RED WHITE AND BLUE FIREWORKS SHOW AND FESTIVAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/TaxPeriodBeginDt02019-03-01
ReturnHeader/TaxPeriodEndDt02020-02-29
ReturnHeader/TaxYr02019

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