Civic Intelligence

Northeast Arkansas Board of Realtors Inc

EIN 71-0779871 • 501(c)6 • Jonesboro, AR

Profile

The objectives of the jonesboro board of realtors are to unite those engaged in the recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon the profession and related interests.

912 Congress CircleJonesboro, AR 72401

www.neabor.com

Siviq Scores

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

Liabilities / Assets

57th percentile

0.20x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.41x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

0.7%

Higher net margin than 37% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

3.3%

Faster asset growth than 42% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

10th percentile

-14%

Faster revenue growth than 10% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,243,437

Up $77,526 (+6.6%) from 2022

Liabilities

Down

$247,585

Down $35,834 (-13%) from 2022

Net Assets

Up

$995,852

Up $113,360 (+13%) from 2022

Revenue

Down

$610,129

Down $205,912 (-25%) from 2022

Expenses

Down

$605,781

Down $10,543 (-1.7%) from 2022

Net Income

Down

$4,348

Down $195,369 (-98%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $355,935Liabilities 2010: $35,589Net Assets 2010: $320,3462010Assets 2011: $325,872Liabilities 2011: $26,337Net Assets 2011: $299,5352011Assets 2012: $265,024Liabilities 2012: $23,662Net Assets 2012: $241,3622012Assets 2013: $287,143Liabilities 2013: $22,925Net Assets 2013: $264,2182013Assets 2014: $322,365Liabilities 2014: $26,904Net Assets 2014: $295,4612014Assets 2015: $341,095Liabilities 2015: $8,881Net Assets 2015: $332,2142015Assets 2018: $567,142Liabilities 2018: $7,401Net Assets 2018: $559,7412018Assets 2019: $639,178Liabilities 2019: $16,181Net Assets 2019: $622,9972019Assets 2020: $676,482Liabilities 2020: $10,218Net Assets 2020: $666,2642020Assets 2022: $1,165,911Liabilities 2022: $283,419Net Assets 2022: $882,4922022Assets 2024: $1,243,437Liabilities 2024: $247,585Net Assets 2024: $995,8522024

Highlighted filing

2024

Assets$1,243,437
Liabilities$247,585
Net Assets$995,852

Operations Trend

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

$1.0M$500K$0Expenses 2010: $575,7932010Expenses 2011: $582,2032011Expenses 2012: $441,0572012Revenue 2013: $414,325Expenses 2013: $391,469Net Income 2013: $22,8562013Revenue 2014: $432,384Expenses 2014: $401,907Net Income 2014: $30,4772014Revenue 2015: $492,674Expenses 2015: $457,183Net Income 2015: $35,4912015Revenue 2018: $432,412Expenses 2018: $346,739Net Income 2018: $85,6732018Revenue 2019: $472,402Expenses 2019: $409,146Net Income 2019: $63,2562019Revenue 2020: $456,865Expenses 2020: $413,598Net Income 2020: $43,2672020Revenue 2022: $816,041Expenses 2022: $616,324Net Income 2022: $199,7172022Revenue 2024: $610,129Expenses 2024: $605,781Net Income 2024: $4,3482024

Highlighted filing

2024

Revenue$610,129
Expenses$605,781
Net Income$4,348

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$900,880
Mission and Program Overview

Mission

The objectives of the jonesboro board of realtors are to unite those engaged in the recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon the profession and related interests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$460,877$775,321▲ $314,444
Cash and Non-Interest-Bearing Accounts$378,887$357,201▼ $21,686
Accounts Receivable$8,079$14,543▲ $6,464
Prepaid Expenses and Deferred Charges$38,500$14,526▼ $23,974
Total Assets$886,343$1,165,911▲ $279,568
Other Assets Total-$4,320-
Liabilities
Mortgage Notes Payable Secured by Investment Property$172,417$247,271▲ $74,854
Accounts Payable and Accrued Expenses$24,600$29,205▲ $4,605
Other Liabilities$6,551$6,943▲ $392
Total Liabilities$203,568$283,419▲ $79,851
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$682,775$882,492▲ $199,717
Total Net Assets Fund Balance$682,775$882,492▲ $199,717
Total Liabilities and Net Assets / Fund Balance$886,343$1,165,911▲ $279,568

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$721,396$22,284$743,680
Equipment$5,518$120,755$126,273
Other Land Buildings$48,407$1,938$50,345
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tara GatewoodPresident
Lynn ChildersPresident-el
Janie HayDirector
Jill CravensDirector
Kevin KerchevalDirector
Kim SheltonDirector
Kim StemDirector
Sue Macdonald-taylorDirector
Rick HartnessPast Preside
Hannah BeckwithSecretary
Beth CrockettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$682,018
Investment Income
$134,023
Other Revenue
$0
Change in Net Assets
$199,717

Audited Revenue Reconciliation

Revenue per Audited Statements
$816,041
Total Revenue per Audited Statements
$816,041
Total Revenue per Form 990
$816,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,306
Salaries, Compensation, and Employee Benefits$124,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$93,408
Travel---$19,950
Fees for Services Accounting---$19,022
Other Employee Benefits---$18,725
Depreciation Depletion---$18,489
Office Expenses---$16,406
Occupancy---$12,947
Payroll Taxes---$11,885
Other Expenses---$11,033
Interest---$8,603
Conferences and Meetings---$8,114
All Other Expenses---$8,014
Advertising---$6,500
Insurance---$2,060
Total Functional Expenses$0$0$0$616,324

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$616,324
Total Expenses per Audited Statements$616,324
Total Expenses per Form 990$616,324
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
Yes
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities, Net$2,755
Payroll Liabilities$2,605
Operating Lease Liabilities, Current$1,583
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The members elect the members of the governing body and approve significant board decisions.

Form 990, Page 6, Part VI, Line 7A

Nominations are taken by the board and the board positions are elected by popular vote of the general membership at one of the monthly meetings.

Form 990, Page 6, Part VI, Line 7B

The board of directors makes decisions on most issues except for purchases below the amount specified in the bylaws. Purchases above that amount are taken before the general board. Each year changes in the bylaws are put before the general membership for approval.

Form 990, Page 6, Part VI, Line 11B

Form 990 is made available to the board of directors before filing. No individual board member is responsible for its review. All members are able to receive a copy at the executive office.

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

The executive board of directors reviews all paid staff annually in december and approves compensation changes at that time.

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

The executive board of directors reviews all paid staff annually and makes compensation changes at that time.

Form 990, Page 6, Part VI, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Northeast Arkansas Board of
EIN
71-0779871
Phone
8709728425
Address
912 CONGRESS CIRCLE, JONESBORO, AR 72401

Signing Officer

Name
Rick Hartness
Title
Past President
Phone
8709728425
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Hartness
Formed
1975
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
3

Preparer

Firm
Goad & Company Cpas
Address
100 E HUNTINGTON AVE STE B, JONESBORO, AR 72401-2900
Preparer
Matthew Clark
Phone
8709324986
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The objectives of the jonesboro board of realtors are to unite those engaged in the recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon the profession and related interests.

Raw XML Appendix381 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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IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0710553498
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0ARKANSAS REALTORS PAC
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt011224 EXECTUTIVE CENTER DRIVE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0LITTLE ROCK
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0AR
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt022284
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IRS990ScheduleD/EquipmentGrp/BookValueAmt05518
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120755
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0126273
IRS990ScheduleD/ExpensesSubtotalAmt0616324
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048407
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21583
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITIES, NET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPERATING LEASE LIABILITIES, CURRENT
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OBJECTIVES OF THE JONESBORO BOARD OF REALTORS ARE TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE SIGNIFICANT BOARD DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOMINATIONS ARE TAKEN BY THE BOARD AND THE BOARD POSITIONS ARE ELECTED BY POPULAR VOTE OF THE GENERAL MEMBERSHIP AT ONE OF THE MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS MAKES DECISIONS ON MOST ISSUES EXCEPT FOR PURCHASES BELOW THE AMOUNT SPECIFIED IN THE BYLAWS. PURCHASES ABOVE THAT AMOUNT ARE TAKEN BEFORE THE GENERAL BOARD. EACH YEAR CHANGES IN THE BYLAWS ARE PUT BEFORE THE GENERAL MEMBERSHIP FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS BEFORE FILING. NO INDIVIDUAL BOARD MEMBER IS RESPONSIBLE FOR ITS REVIEW. ALL MEMBERS ARE ABLE TO RECEIVE A COPY AT THE EXECUTIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE BOARD OF DIRECTORS REVIEWS ALL PAID STAFF ANNUALLY IN DECEMBER AND APPROVES COMPENSATION CHANGES AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE EXECUTIVE BOARD OF DIRECTORS REVIEWS ALL PAID STAFF ANNUALLY AND MAKES COMPENSATION CHANGES AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0283419
IRS990/TotalLiabilitiesGrp/BOYAmt0203568
IRS990/TotalLiabilitiesGrp/EOYAmt0283419
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IRS990/TotalProgramServiceExpensesAmt0616324
IRS990/TotalProgramServiceRevenueAmt0682018
IRS990/TotalRevenueGrp/ExclusionAmt03862
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0816041
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0886343
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01165911
IRS990/TravelGrp/TotalAmt019950
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.NEABOR.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICK HARTNESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PAST PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08709728425
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHEAST ARKANSAS BOARD OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0REALTORS INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0710779871
ReturnHeader/Filer/PhoneNum08709728425
ReturnHeader/Filer/USAddress/AddressLine1Txt0912 CONGRESS CIRCLE
ReturnHeader/Filer/USAddress/CityNm0JONESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072401
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262683473
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOAD & COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 E HUNTINGTON AVE STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JONESBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0724012900
ReturnHeader/PreparerPersonGrp/PhoneNum08709324986
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW CLARK
ReturnHeader/ReturnTs02023-11-08T10:44:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHANE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCBRIDE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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