Civic Intelligence

North Arkansas Medical Foundation

EIN 71-0787861 • 501(c)3 • Harrison, AR

Profile

The foundation's mission is to encourage public support for the activities and purpose of north arkansas regional medical center.

620 North MainHarrison, AR 72601

www.narmc.com/FOUNDATION

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

97th percentile

$468,978

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 266.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

63rd percentile

8.4%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

87th percentile

67%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,274,628

Up $98,844 (+8.4%) from 2024

Liabilities

Down

$1,000

Down $7,175 (-88%) from 2024

Net Assets

Up

$1,273,628

Up $106,019 (+9.1%) from 2024

Revenue

Up

$175,964

Up $70,480 (+67%) from 2024

Expenses

Down

$222,938

Down $111,022 (-33%) from 2024

Net Income

Up

-$46,974

Up $181,502 (+79%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $792,440Liabilities 2010: $543,978Net Assets 2010: $248,4622010Assets 2011: $693,547Liabilities 2011: $545,828Net Assets 2011: $147,7192011Assets 2012: $639,795Liabilities 2012: $573,239Net Assets 2012: $66,5562012Assets 2013: $527,445Liabilities 2013: $627,400Net Assets 2013: -$99,9552013Assets 2014: $510,083Liabilities 2014: $575,154Net Assets 2014: -$65,0712014Assets 2015: $516,856Liabilities 2015: $542,459Net Assets 2015: -$25,6032015Assets 2016: $591,760Liabilities 2016: $687,673Net Assets 2016: -$95,9132016Assets 2017: $953,113Liabilities 2017: $14,790Net Assets 2017: $938,3232017Assets 2018: $471,129Liabilities 2018: $969Net Assets 2018: $470,1602018Assets 2019: $578,538Liabilities 2019: $78,423Net Assets 2019: $500,1152019Assets 2020: $525,710Liabilities 2020: $77,193Net Assets 2020: $448,5172020Assets 2021: $658,697Liabilities 2021: $737Net Assets 2021: $657,9602021Assets 2022: $1,182,854Liabilities 2022: $0Net Assets 2022: $1,182,8542022Assets 2023: $1,199,826Liabilities 2023: $9,203Net Assets 2023: $1,190,6232023Assets 2024: $1,175,784Liabilities 2024: $8,175Net Assets 2024: $1,167,6092024Assets 2025: $1,274,628Liabilities 2025: $1,000Net Assets 2025: $1,273,6282025

Highlighted filing

2025

Assets$1,274,628
Liabilities$1,000
Net Assets$1,273,628

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $469,2532010Revenue 2011: $304,553Expenses 2011: $405,296Net Income 2011: -$100,7432011Expenses 2012: $455,7102012Revenue 2013: $346,997Expenses 2013: $513,508Net Income 2013: -$166,5112013Revenue 2014: $367,788Expenses 2014: $332,894Net Income 2014: $34,8942014Revenue 2015: $312,213Expenses 2015: $272,746Net Income 2015: $39,4672015Revenue 2016: $386,221Expenses 2016: $741,535Net Income 2016: -$355,3142016Revenue 2017: $529,890Expenses 2017: $342,539Net Income 2017: $187,3512017Revenue 2018: $130,640Expenses 2018: $684,809Net Income 2018: -$554,1692018Revenue 2019: $146,802Expenses 2019: $116,910Net Income 2019: $29,8922019Revenue 2020: $119,524Expenses 2020: $261,599Net Income 2020: -$142,0752020Revenue 2021: $269,079Expenses 2021: $233,844Net Income 2021: $35,2352021Revenue 2022: $844,656Expenses 2022: $404,647Net Income 2022: $440,0092022Revenue 2023: $125,921Expenses 2023: $133,731Net Income 2023: -$7,8102023Revenue 2024: $105,484Expenses 2024: $333,960Net Income 2024: -$228,4762024Revenue 2025: $175,964Expenses 2025: $222,938Net Income 2025: -$46,9742025

Highlighted filing

2025

Revenue$175,964
Expenses$222,938
Net Income-$46,974

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.18$0.22$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.01$1.17$0.11$0.33$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$0.13$0.13$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.84$0.40$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$0.27$0.23$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.08$0.45$0.12$0.26$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.08$0.50$0.15$0.12$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.13$0.68$0.55
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$0.53$0.34$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.69$0.10$0.39$0.74$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.54$0.03$0.31$0.27$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.58$0.07$0.37$0.33$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.63$0.10$0.35$0.51$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.57$0.07$0.46
2011Summary only. Only limited summary data is available for this year.$0.69$0.55$0.15$0.30$0.41$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.54$0.25$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 6, 2026
Return Version
2024v5.1
Gross Receipts
$204,294
Mission and Program Overview

Mission

The foundation's mission is to encourage public support for the activities and purpose of north arkansas regional medical center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,081,393$910,581▼ $170,812
Savings and Temporary Cash Investments$89,006$358,662▲ $269,656
Pledges and Grants Receivable$5,385$5,385→ $0
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,175,784$1,274,628▲ $98,844
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$8,175$1,000▼ $7,175
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,175$1,000▼ $7,175
Net Assets / Fund Balance
Net Assets With Donor Restrictions$816,329$895,181▲ $78,852
Net Assets Without Donor Restrictions$351,280$378,447▲ $27,167
Total Net Assets Fund Balance$1,167,609$1,273,628▲ $106,019
Total Liabilities and Net Assets / Fund Balance$1,175,784$1,274,628▲ $98,844

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$895,181--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Danielle HouseExecutive Director - Starting 5/28/2024FT$50,537$50,537

Board Members and Trustees

NameTitle
Cheri WynnChairperson
Matt WillmottVice Chairman
Cub ScottBoard Member
DAVID O'NEALBoard Member
Dr Stephen BeelerBoard Member
Joe JamesBoard Member
Ken MilburnBoard Member
Kirk CampbellBoard Member
Larry PhillipsBoard Member
Melissa CollinsBoard Member
Ryan CaughronBoard Member
Sherry BillingsBoard Member
Sammie R RobersonCEO
Andrea N SmithCFO
Joshua C BrightCOO
Brook ClaveySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$171,994
Program Service Revenue
$0
Investment Income
$10,083
Other Revenue
$-6,113
All Other Contributions
$165,916
Change in Net Assets
$-46,974

Audited Revenue Reconciliation

Revenue per Audited Statements
$175,964
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$148,219
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$324,183
Total Revenue per Form 990
$175,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$156,595
Salaries, Compensation, and Employee Benefits$40,617
Total Fundraising Expense$17,376
Professional Fundraising Fees$15,000
Other Expenses$10,726

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$130,395--$130,395
Other Salaries and Wages$7,247$19,182$2,376$28,805
Grants to Domestic Individuals$26,200--$26,200
Fees for Services Professional Fundraising--$15,000$15,000
Fees for Services Other$2,778$7,352$0$10,130
Other Employee Benefits$2,443$6,468-$8,911
Payroll Taxes$522$1,383-$1,905
Pension Plan Contributions$273$723-$996
All Other Expenses$163$433$0$596
Total Functional Expenses$170,021$35,541$17,376$222,938

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$251,268
Expenses per Audited Statements$222,938
Total Expenses per Form 990$222,938
Expenses Not Reported on Form 990$28,330
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
North Arkansas Regional Medical CenterHarrison, AR501(c)(3)General Support$130,395
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,182
Fundraising Gross Income$20,209
Professional Fundraising Fees$15,000
Gaming Direct Expenses$3,101
Gaming Gross Income$1,260

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Total Eclipse of the Run 5K$14,158$10,482$4,989$5,493
Santa Shuffle$11,754$9,727$6,303$3,424
Total Events$25,912$20,209$24,182$-3,973
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15 A & B

North arkansas medical foundation does not pay compensation to officers of the organization. All compensation is paid by a related entity.

Form 990, Part VI, Line 6 AND LINES 7A/7B

North arkansas medical system is the sole member of north arkansas medical foundation. The member reserves power over the following acts: -elect, appoint, or remove directors to fill vacancies of the board of directors or any of its committees - waive any notice, whether required by statute, the articles of incorporation, or these bylaws, before or after the date and time stated in the notice.

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The chief financial officer of north arkansas regional medical center reviews the form 990 and presents it to the board of directors prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

It is the policy of the board of directors that the existence of any conflict be disclosed before any transaction is consummated. It shall be the continuing responsibility of directors, officers, medical staff officers, management employees, and contracted/employed physicians to scrutinize their transactions for potential conflicts and to make such disclosures. Disclosures shall be made to the president of the hospital, and shall bring these matters to the attention to the board of directors and executive committee. The board of directors shall then determine whether a conflict exists or, in the presence of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable as to the corporation, and, after so determining affirmatively, the directors may authorize the transaction in the best interests of the corporation.

Form 990, Part VI, Line 19 Required documents available to the public

The organization does not make its governing documents, conflict of interest policy or financial statements available to the public except through the filing of the form 990.

Filing and Contact Details

Filer

Filer Name
North Arkansas Medical Foundation
EIN
71-0787861
Phone
8704144000
Address
620 NORTH MAIN, HARRISON, AR 72601

Signing Officer

Name
Andrea Smith
Title
CFO
Phone
8704144000
Signed
2026-02-06
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ar
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
75

Preparer

Firm
Forvis Mazars LLP
Address
PO Box 3667, Little Rock, AR 72203-3667
Preparer
Amber Sherrill
Phone
5013721040
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

TRANSFER FROM AFFILIATES - 33104; Total - 33104;

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based upon their review, management has not identified any tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Fundraising expenses - 24182 gaming expense - 3101 cost of goods sold - 1047

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Fundraising expenses - 24182 gaming expense - 3101 cost of goods sold - 1047

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IRS990/Form990PartVIISectionAGrp/PersonNm1Cheri Wynn
IRS990/Form990PartVIISectionAGrp/PersonNm2Matt Willmott
IRS990/Form990PartVIISectionAGrp/PersonNm3Cub Scott
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID O'NEAL
IRS990/Form990PartVIISectionAGrp/PersonNm5DR STEPHEN BEELER
IRS990/Form990PartVIISectionAGrp/PersonNm6Joe James
IRS990/Form990PartVIISectionAGrp/PersonNm7KEN MILBURN
IRS990/Form990PartVIISectionAGrp/PersonNm8KIRK CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm9LARRY PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm10Melissa Collins
IRS990/Form990PartVIISectionAGrp/PersonNm11RYAN CAUGHRON
IRS990/Form990PartVIISectionAGrp/PersonNm12SHERRY BILLINGS
IRS990/Form990PartVIISectionAGrp/PersonNm13ANDREA N SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14Danielle House
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSHUA C BRIGHT
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