Civic Intelligence

Credit Counseling of Arkansas Inc.

EIN 71-0772094 • 501(c)3 • Fayetteville, AR

Pub. 78 Eligible

Profile

To improve the quality of life of individuals and families through financial education,credit and housing counseling and debt management services.

PO Box 10168Fayetteville, AR 72703

www.ccoacares.com

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.37x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

78th percentile

0.20x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

8th percentile

-46%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

6th percentile

-52%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

9th percentile

-40%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$339,918

Down $373,769 (-52%) from 2024

Liabilities

Down

$124,648

Down $80,573 (-39%) from 2024

Net Assets

Down

$215,270

Down $293,196 (-58%) from 2024

Revenue

Down

$617,809

Down $417,637 (-40%) from 2024

Expenses

Down

$902,498

Down $28,328 (-3.0%) from 2024

Net Income

Down

-$284,689

Down $389,309 (-372%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,431,088Liabilities 2011: $13,614Net Assets 2011: $1,417,4742011Assets 2012: $1,388,405Liabilities 2012: $107,497Net Assets 2012: $1,280,9082012Assets 2013: $1,437,631Liabilities 2013: $142,646Net Assets 2013: $1,294,9852013Assets 2014: $1,398,910Liabilities 2014: $88,146Net Assets 2014: $1,310,7642014Assets 2015: $1,158,873Liabilities 2015: $99,997Net Assets 2015: $1,058,8762015Assets 2016: $896,832Liabilities 2016: $101,469Net Assets 2016: $795,3632016Assets 2017: $635,615Liabilities 2017: $32,955Net Assets 2017: $602,6602017Assets 2018: $821,645Liabilities 2018: $159,931Net Assets 2018: $661,7142018Assets 2019: $623,562Liabilities 2019: $170,715Net Assets 2019: $452,8472019Assets 2020: $985,008Liabilities 2020: $277,090Net Assets 2020: $707,9182020Assets 2021: $887,391Liabilities 2021: $243,067Net Assets 2021: $644,3242021Assets 2023: $675,533Liabilities 2023: $280,448Net Assets 2023: $395,0852023Assets 2024: $713,687Liabilities 2024: $205,221Net Assets 2024: $508,4662024Assets 2025: $339,918Liabilities 2025: $124,648Net Assets 2025: $215,2702025

Highlighted filing

2025

Assets$339,918
Liabilities$124,648
Net Assets$215,270

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,517,7922011Expenses 2012: $1,345,1672012Revenue 2013: $1,281,531Expenses 2013: $1,270,159Net Income 2013: $11,3722013Revenue 2014: $1,249,325Expenses 2014: $1,164,840Net Income 2014: $84,4852014Revenue 2015: $954,518Expenses 2015: $1,206,406Net Income 2015: -$251,8882015Revenue 2016: $895,561Expenses 2016: $1,159,074Net Income 2016: -$263,5132016Revenue 2017: $748,540Expenses 2017: $955,576Net Income 2017: -$207,0362017Revenue 2018: $1,143,997Expenses 2018: $960,299Net Income 2018: $183,6982018Revenue 2019: $775,766Expenses 2019: $990,174Net Income 2019: -$214,4082019Revenue 2020: $1,311,283Expenses 2020: $1,056,212Net Income 2020: $255,0712020Revenue 2021: $919,520Expenses 2021: $1,025,002Net Income 2021: -$105,4822021Revenue 2023: $1,074,075Expenses 2023: $890,339Net Income 2023: $183,7362023Revenue 2024: $1,035,446Expenses 2024: $930,826Net Income 2024: $104,6202024Revenue 2025: $617,809Expenses 2025: $902,498Net Income 2025: -$284,6892025

Highlighted filing

2025

Revenue$617,809
Expenses$902,498
Net Income-$284,689

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.34$0.12$0.22$0.62$0.90$0.28
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.21$0.51$1.04$0.93$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.28$0.40$1.07$0.89$0.18
2021Summary only. Only limited summary data is available for this year.$0.89$0.24$0.64$0.92$1.03$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.28$0.71$1.31$1.06$0.26
2019Summary only. Only limited summary data is available for this year.$0.62$0.17$0.45$0.78$0.99$0.21
2018Summary only. Only limited summary data is available for this year.$0.82$0.16$0.66$1.14$0.96$0.18
2017Summary only. Only limited summary data is available for this year.$0.64$0.03$0.60$0.75$0.96$0.21
2016Summary only. Only limited summary data is available for this year.$0.90$0.10$0.80$0.90$1.16$0.26
2015Summary only. Only limited summary data is available for this year.$1.16$0.10$1.06$0.95$1.21$0.25
2014Summary only. Only limited summary data is available for this year.$1.40$0.09$1.31$1.25$1.16$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.14$1.29$1.28$1.27$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.11$1.28$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.01$1.42$1.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 21, 2026
Return Version
2024v5.0
Gross Receipts
$617,809
Mission and Program Overview

Mission

To improve the quality of life of individuals and families through financial education, credit and housing counseling, and money management services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$370,685$235,801▼ $134,884
Savings and Temporary Cash Investments$41,697$48,515▲ $6,818
Cash and Non-Interest-Bearing Accounts$240,906$19,928▼ $220,978
Land, Buildings, and Equipment, Net$27,733$17,745▼ $9,988
Accounts Receivable$10,850$4,560▼ $6,290
Prepaid Expenses and Deferred Charges$4,317$3,608▼ $709
Total Assets$713,687$339,918▼ $373,769
Other Assets Total$17,499$9,761▼ $7,738
Liabilities
Escrow Account Liability$41,697$48,515▲ $6,818
Other Liabilities$58,530$39,405▼ $19,125
Deferred Revenue$81,200$19,000▼ $62,200
Accounts Payable and Accrued Expenses$23,794$17,728▼ $6,066
Total Liabilities$205,221$124,648▼ $80,573
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$508,466$215,270▼ $293,196
Total Net Assets Fund Balance$508,466$215,270▼ $293,196
Total Liabilities and Net Assets / Fund Balance$713,687$339,918▼ $373,769

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,339$26,355$36,694
Leasehold Improvements$7,406$15,955$23,361
Compensation and Service Providers

Board Members and Trustees

NameTitle
Blair JohansonChairman
Mike RobardsVice-chair
Chad ChanceBoard Member
Craig ShyBoard Member
Daniel LewisBoard Member
Keley SimpsonBoard Member
Nancy LeakeBoard Member
Tom JensenBoard Member
Mauricio HerreraSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$262,405
Program Service Revenue
$290,871
Investment Income
$38,623
Other Revenue
$25,910
All Other Contributions
$262,405
Change in Net Assets
$-284,689

Audited Revenue Reconciliation

Revenue per Audited Statements
$613,597
Revenue Not Reported on Financial Statements
$4,212
Revenue Not Reported on Form 990
$-1,955
Total Revenue per Audited Statements
$611,642
Total Revenue per Form 990
$617,809
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$666,969
Other Expenses$235,529
Total Fundraising Expense$163,876
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$371,496$97,475$117,169$586,140
Occupancy$42,761$16,252$12,529$71,542
Payroll Taxes$29,352$7,701$9,257$46,310
Other Employee Benefits$21,878$5,741$6,900$34,519
Depreciation Depletion$11,235$2,948$3,543$17,726
Office Expenses$8,079$2,121$2,549$12,749
Other Expenses$6,513$1,709$2,054$10,276
Insurance$4,504$3,998$1,420$9,922
Fees for Services Other--$8,100$8,100
All Other Expenses$2,450$678$325$3,453
Travel$2,747--$2,747
Interest$97$25$30$152
Total Functional Expenses$575,673$162,949$163,876$902,498

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$904,838
Expenses per Audited Statements$902,498
Total Expenses per Form 990$902,498
Expenses Not Reported on Form 990$2,340
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
Accrued Compensated Absences$30,643
Right-of-use Finance Lease Liability$8,762
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved first by the board finance committee and then presented to the full board of directors for review and approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

Each board member, including the board chairman and executive director is required to annually complete a conflict of interest questionnaire to to insure that no conflict of interest exists. Any potential conflicts must be discussed and resolved prior to that member continuing to serve in their position on the governing board.

Form 990, Page 6, Part VI, Line 15A

The board of directors executive committee determines the compensation of the executive director using comparable compensation data for a similarly qualified person in a comparable position at a similar organiztion using the national foundation for credit counsling compensating survey.

Form 990, Page 6, Part VI, Line 15B

There are no other compensated officers of the organization. Key employee annual performance review is completed by the executive director. A merit increase and/or cost of living increase may be awarded based on this review. During this process, the executive director compares and reviews the compensation package of key employees in similar organizations using the national foundation for credit counseling compensation survey.

Form 990, Page 6, Part VI, Line 19

All governing documents, including the form 990 are available to the public during regular working hours monday through friday.

Filing and Contact Details

Filer

Filer Name
Credit Counseling of Arkansas Inc
EIN
71-0772094
Phone
4795218877
Address
PO BOX 10168, FAYETTEVILLE, AR 72703

Signing Officer

Name
Mary Catherine Harcourt
Title
Executive Director
Phone
4795218877
Signed
2026-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Catherine Harcourt
Formed
1995
Legal Domicile
Ar
Voting Board Members
9
Independent Board Members
9
Employees
13

Preparer

Firm
Prz Cpas & Advisors
Address
4200 JENNY LIND RD STE B, FORT SMITH, AR 72901
Preparer
Marc Lux CPA
Phone
4796490888
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization follows the guidance of the accounting standards codification (asc) 740, accounting for income taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the year ended june 30, 2025, management of the organization is not aware of any material uncertain tax positions. All tax exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the internal revenue code and applicable state statues. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE GUIDANCE OF THE ACCOUNTING STANDARDS CODIFICATION (ASC) 740, ACCOUNTING FOR INCOME TAXES, RELATED TO UNCERTAINTIES IN INCOME TAXES, WHICH PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THE YEAR ENDED JUNE 30, 2025, MANAGEMENT OF THE ORGANIZATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS. ALL TAX EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAX-EXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUES. FOR FEDERAL TAX PURPOSES, THE TAX RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AND APPROVED FIRST BY THE BOARD FINANCE COMMITTEE AND THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER, INCLUDING THE BOARD CHAIRMAN AND EXECUTIVE DIRECTOR IS REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE TO TO INSURE THAT NO CONFLICT OF INTEREST EXISTS. ANY POTENTIAL CONFLICTS MUST BE DISCUSSED AND RESOLVED PRIOR TO THAT MEMBER CONTINUING TO SERVE IN THEIR POSITION ON THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR USING COMPARABLE COMPENSATION DATA FOR A SIMILARLY QUALIFIED PERSON IN A COMPARABLE POSITION AT A SIMILAR ORGANIZTION USING THE NATIONAL FOUNDATION FOR CREDIT COUNSLING COMPENSATING SURVEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO OTHER COMPENSATED OFFICERS OF THE ORGANIZATION. KEY EMPLOYEE ANNUAL PERFORMANCE REVIEW IS COMPLETED BY THE EXECUTIVE DIRECTOR. A MERIT INCREASE AND/OR COST OF LIVING INCREASE MAY BE AWARDED BASED ON THIS REVIEW. DURING THIS PROCESS, THE EXECUTIVE DIRECTOR COMPARES AND REVIEWS THE COMPENSATION PACKAGE OF KEY EMPLOYEES IN SIMILAR ORGANIZATIONS USING THE NATIONAL FOUNDATION FOR CREDIT COUNSELING COMPENSATION SURVEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, INCLUDING THE FORM 990 ARE AVAILABLE TO THE PUBLIC DURING REGULAR WORKING HOURS MONDAY THROUGH FRIDAY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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