Civic Intelligence

Fort Smith Public Schools Found Inc

EIN 71-0800240 • 501(c)3 • Fort Smith, AR

Profile

To enhance the quality of education in the fort smith public schools by providing the necessary funds for programs not otherwise funded by the fort smith public school district.

PO Box 1948Fort Smith, AR 72902-1948
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 2022

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

1st percentile

-329%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

18th percentile

-7.4%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,458,225

Down $196,857 (-7.4%) from 2021

Liabilities

Down

$2,688

Down $3,247 (-55%) from 2021

Net Assets

Down

$2,455,537

Down $193,610 (-7.3%) from 2021

Revenue

Down

$58,860

Down $640,488 (-92%) from 2021

Expenses

Down

$252,470

Down $541,852 (-68%) from 2021

Net Income

Down

-$193,610

Down $98,636 (-104%) from 2021

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $861,409Liabilities 2011: $34,909Net Assets 2011: $826,5002011Assets 2012: $1,028,450Liabilities 2012: $1,328Net Assets 2012: $1,027,1222012Assets 2013: $1,182,255Liabilities 2013: $1,420Net Assets 2013: $1,180,8352013Assets 2014: $1,317,603Liabilities 2014: $3,587Net Assets 2014: $1,314,0162014Assets 2015: $1,317,906Liabilities 2015: $5,551Net Assets 2015: $1,312,3552015Assets 2016: $1,330,578Liabilities 2016: $19,037Net Assets 2016: $1,311,5412016Assets 2017: $1,478,419Liabilities 2017: $49,125Net Assets 2017: $1,429,2942017Assets 2018: $1,486,525Liabilities 2018: $1,677Net Assets 2018: $1,484,8482018Assets 2019: $1,593,724Liabilities 2019: $48,522Net Assets 2019: $1,545,2022019Assets 2020: $2,750,127Liabilities 2020: $6,006Net Assets 2020: $2,744,1212020Assets 2021: $2,655,082Liabilities 2021: $5,935Net Assets 2021: $2,649,1472021Assets 2022: $2,458,225Liabilities 2022: $2,688Net Assets 2022: $2,455,5372022

Highlighted filing

2022

Assets$2,458,225
Liabilities$2,688
Net Assets$2,455,537

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $46,0892011Expenses 2012: $59,5242012Expenses 2013: $71,5412013Revenue 2014: $205,662Expenses 2014: $72,481Net Income 2014: $133,1812014Revenue 2015: $92,860Expenses 2015: $94,521Net Income 2015: -$1,6612015Revenue 2016: $75,640Expenses 2016: $76,453Net Income 2016: -$8132016Revenue 2017: $189,894Expenses 2017: $72,141Net Income 2017: $117,7532017Revenue 2018: $135,255Expenses 2018: $79,701Net Income 2018: $55,5542018Revenue 2019: $134,784Expenses 2019: $74,430Net Income 2019: $60,3542019Revenue 2020: $1,225,069Expenses 2020: $26,150Net Income 2020: $1,198,9192020Revenue 2021: $699,348Expenses 2021: $794,322Net Income 2021: -$94,9742021Revenue 2022: $58,860Expenses 2022: $252,470Net Income 2022: -$193,6102022

Highlighted filing

2022

Revenue$58,860
Expenses$252,470
Net Income-$193,610

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$0.00$2.46$0.06$0.25$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.01$2.65$0.70$0.79$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.75$0.01$2.74$1.23$0.03$1.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.05$1.55$0.13$0.07$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.00$1.48$0.14$0.08$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.05$1.43$0.19$0.07$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.02$1.31$0.08$0.08$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.32$0.01$1.31$0.09$0.09$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.31$0.21$0.07$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.00$1.18$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.03$0.83$0.05
Latest Detailed Filing

The latest 2022 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
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 20, 2018
Return Version
2016v3.0
Gross Receipts
$189,894
Mission and Program Overview

Mission

To enhance the quality of education in the fort smith public schools by providing the necessary funds for programs not otherwise funded by the fort smith public school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,295,354$1,409,819▲ $114,465
Cash and Non-Interest-Bearing Accounts$35,224$68,600▲ $33,376
Total Assets$1,330,578$1,478,419▲ $147,841
Liabilities
Grants Payable$9,425$44,354▲ $34,929
Accounts Payable and Accrued Expenses$9,612$4,771▼ $4,841
Total Liabilities$19,037$49,125▲ $30,088
Net Assets / Fund Balance
Unrestricted Net Assets$1,002,189$1,124,142▲ $121,953
Permanently Rstr Net Assets$226,376$226,376→ $0
Temporarily Rstr Net Assets$82,976$78,776▼ $4,200
Total Net Assets Fund Balance$1,311,541$1,429,294▲ $117,753
Total Liabilities and Net Assets / Fund Balance$1,330,578$1,478,419▲ $147,841
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betsy HayesPast President
Cathy WilliamsPresident
Barbara KellDirector
Christy IveyDirector
Darrell StovallDirector
David HumphreyDirector
Doug BrubakerDirector
Hugh MaurrasDirector
Jake FilesDirector
Jeannie ColeDirector
Ken WallaceDirector
Linda RileyDirector
Mary RicheDirector
Sam T SicardDirector
Tim AllenDirector
Zena FeatherstonDirector
Erin CraigSecretary
Michael JacimoreTreasurer
Patrick JacobsVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$44,453
Program Service Revenue
$0
Investment Income
$30,977
Other Revenue
$114,464
All Other Contributions
$44,453
Change in Net Assets
$117,753

Audited Revenue Reconciliation

Revenue per Audited Statements
$189,894
Total Revenue per Audited Statements
$189,894
Total Revenue per Form 990
$189,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,350
Other Expenses$9,791
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,350--$62,350
Fees for Service Investment Mgmnt Fees$6,489--$6,489
Fees for Services Accounting$3,200--$3,200
Office Expenses$102--$102
Total Functional Expenses$72,141$0$0$72,141

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$72,141
Total Expenses per Audited Statements$72,141
Total Expenses per Form 990$72,141
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body decisions Part VI line 7B

All governing body decisions are made by the elected board of directors.

Form 990 governing body review Part VI line 11

Form 990 is reviewed by the treasurer, before filing. The board of directors reviews the completed form 990 at the next board meeting.

Conflict of interest policy compliance Part VI line 12C

The organization has a written conflict of interest policy that is reviewed by each board of directors for compliance.

Governing documents etc available to public Part VI line 19

All governing documents, form 990, etc are available to the public at 3205 jenny lind rd, fort smith, ar.

Filing and Contact Details

Filer

Filer Name
Fort Smith Public Schools Found Inc
EIN
71-0800240
Address
PO BOX 1948, FORT SMITH, AR 72902-1948

Signing Officer

Name
Cathy Williams
Title
Treasurer
Phone
4792217876
Signed
2018-03-20
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Ar
Voting Board Members
19
Independent Board Members
19
Employees
0

Preparer

Firm
Thomas Hankins CPA
Address
2917 OLD GREENWOOD RD SUITE 7, Fort Smith, AR 72903
Preparer
Thomas Hankins
Phone
4796466730
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING $1

Raw XML AppendixShowing 400 of 451 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL GOVERNING BODY DECISIONS ARE MADE BY THE ELECTED BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE TREASURER, BEFORE FILING. THE BOARD OF DIRECTORS REVIEWS THE COMPLETED FORM 990 AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS REVIEWED BY EACH BOARD OF DIRECTORS FOR COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, FORM 990, ETC ARE AVAILABLE TO THE PUBLIC AT 3205 JENNY LIND RD, FORT SMITH, AR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING $1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
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