Bobby Gasaway Scholarship Trust

EIN 71-0712721 • 501(c)3 • Dumas, AR

Profile

scholarships

P O Box 187Dumas, AR 71639

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

0.00x

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

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

-8054%

Higher net margin than 1% of similar nonprofits.

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

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 2018

-100%

Faster asset growth than 10% of similar nonprofits.

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

-55%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

Down $7,249 (-100%) from 2017

Liabilities

Flat

Flat from 2017

Net Assets

Down

Down $7,249 (-100%) from 2017

Operations

Liabilities / Revenue62nd percentile Net Margin1st percentile

Revenue

Down

$90

Down $111 (-55%) from 2017

Expenses

Down

$7,339

Down $1,638 (-18%) from 2017

Net Income

-$7,249

Up $1,527 (+17%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

Highlighted filing

2018

Assets$0

Liabilities$0

Net Assets$0

Open 2018 Filing

Operations Trend

Revenue Growth16th percentile

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

Highlighted filing

2018

Revenue$90

Expenses$7,339

Net Income-$7,249

Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing

Assets: $0
Liabilities: $0
Net assets: $0
Revenue: $90
Expenses: $7,339
Net income: -$7,249

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.00	$0.00	$0.00	$0.09	$7.34	$7.25
2017Detailed filing. Detailed filing data is available for this year.	$7.25	$0.00	$7.25	$0.20	$8.98	$8.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$16.0	$0.00	$16.0	$1.89	$8.98	$7.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$23.1	$0.00	$23.1	$3.74	$10.5	$6.73
2014Detailed filing. Detailed filing data is available for this year.	$29.8	$0.00	$29.8	$4.07	$12.5	$8.40
2013Detailed filing. Detailed filing data is available for this year.	$38.2	$0.00	$38.2	$2.68	$11.0	$8.30
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$46.5	$0.00	$46.5	$3.93	$8.52	$4.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$51.1	$0.00	$51.1	$4.94	$7.05	$2.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$53.2	$0.00	$53.2	$3.16	$4.64	$1.48

Latest Detailed Filing

The latest 2018 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Mar 28, 2018
Return Version: 2017v2.2
Gross Receipts: $15,201

Mission and Program Overview

Mission

scholarships

Program Services

Description	Grants	Expenses
SCHALARSHIPS TO QUALIFIED INDIVIDUALS	$8,500	$8,976

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MERCHANTS FARMERS BANK	Trustee	-	$250	-	$250

Filing and Contact Details

Filer

Filer Name: Bobby Gasaway Scholarship Trust
EIN: 71-0712721
Address: P O BOX 187, Dumas, AR 71639

Signing Officer

Name: Price Boney
Title: VP Trust Office
Phone: 8703826074
Signed: 2018-03-28
Discuss with paid preparer: No

Preparer

Firm: D Edward Livingston CPA
Address: 316 EAST PICKENS, Dumas, AR 71639
Preparer: Don Livingston CPA
Phone: 8703825288

Supplemental Narrative

Additional Explanations

General explanation attachment

“Form 990-ez schedule a, part ii, section c, line 17athe organization only has $16,025 in total liquid assets. Virtually 100% of those assets were raised through public support. In order to maintain the purpose of the organization, additional funds will have to be provided by public support. The community is well aware of the purpose of the organization and the governing body does solicit funds from the community as needed on a continuous and regular basis.”

List of grants and similar amounts paid Part I line 10

“Activity SCHOLARSHIPS TO QUALIFIED INDIVIDUALS. Relationship NONE Amount 8,500”

Description of other expenses Part I line 16

“Description AmountNET ADJ FOR prior yr ACTIVITY 2”

Raw XML Appendix136 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	MERCHANTS FARMERS BANK
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8703826074
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	500 HWY 65 SOUTH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Dumas
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	AR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	71639
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	16025
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	7249
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	550
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	15000
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-8776
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	225
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	16025
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	7249
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-597
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	8500
IRS990EZ/GrossReceiptsAmt	0	15201
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	248
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	16025
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	7249
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	16025
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	7249
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	MERCHANTS FARMERS BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	TRUSTEE
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	2
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	scholarships
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	SCHALARSHIPS TO QUALIFIED INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	8500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	8976
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	250
IRS990EZ/SaleOfAssetsGrossAmt	0	14403
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	8977
IRS990EZ/TotalProgramServiceExpensesAmt	0	8976
IRS990EZ/TotalRevenueAmt	0	201
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990ScheduleA/CommunityTrustInd	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	1575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	2850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	3150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	1600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	9725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	248
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	793
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	931
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	1362
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	3668
IRS990ScheduleA/PublicSupportCY170Pct	0	0.72610
IRS990ScheduleA/PublicSupportPY170Pct	0	0.68360
IRS990ScheduleA/PublicSupportTotal170Amt	0	9725
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	1575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	2850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	3150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	1600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	9725
IRS990ScheduleA/TotalSupportAmt	0	13393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	FORM 990-EZ SCHEDULE A, PART II, SECTION C, LINE 17ATHE ORGANIZATION ONLY HAS $16,025 IN TOTAL LIQUID ASSETS. VIRTUALLY 100% OF THOSE ASSETS WERE RAISED THROUGH PUBLIC SUPPORT. IN ORDER TO MAINTAIN THE PURPOSE OF THE ORGANIZATION, ADDITIONAL FUNDS WILL HAVE TO BE PROVIDED BY PUBLIC SUPPORT. THE COMMUNITY IS WELL AWARE OF THE PURPOSE OF THE ORGANIZATION AND THE GOVERNING BODY DOES SOLICIT FUNDS FROM THE COMMUNITY AS NEEDED ON A CONTINUOUS AND REGULAR BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Activity SCHOLARSHIPS TO QUALIFIED INDIVIDUALS. Relationship NONE Amount 8,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description AmountNET ADJ FOR prior yr ACTIVITY 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Description of other expenses Part I line 16
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PRICE BONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	VP TRUST OFFICE
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8703826074
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	BOBBY GASAWAY SCHOLARSHIP TRUST
ReturnHeader/Filer/BusinessNameControlTxt	0	BOBB
ReturnHeader/Filer/EIN	0	710712721
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	P O BOX 187
ReturnHeader/Filer/USAddress/CityNm	0	Dumas
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	AR
ReturnHeader/Filer/USAddress/ZIPCd	0	71639
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	C5F7292C7EA53DB001522BA111AEB05480BB6F43
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	C5F7292C7EA53DB001522BA111AEB05480BB6F43
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId	0	71299420180871ugtdyb
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt	0	2018-03-28
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	184.159.238.2
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-03-28
ReturnHeader/FilingSecurityInformation/IPTm	0	14:44:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	510520484
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	D EDWARD LIVINGSTON CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	316 EAST PICKENS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Dumas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	71639
ReturnHeader/PreparerPersonGrp/PhoneNum	0	8703825288
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DON LIVINGSTON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2018-03-28T14:30:33-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017