Civic Intelligence

David E Boone Sr Ministries Inc.

990 • Fiscal year 2020 • EIN 82-1296445

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 04, 2021

1340 Will Smith RdTexarkana, TX 75501

(903) 701-3276

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

41st percentile

$21,750

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

97th percentile

260%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

87%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$233,787

Up $168,908 (+260%) from 2019

Net Assets

Up

$233,787

Up $168,908 (+260%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$1,093,256

Up $508,118 (+87%) from 2019

Expenses

Up

$928,059

Up $390,829 (+73%) from 2019

Net Income

Up

$165,197

Up $117,289 (+245%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2018: $16,971Liabilities 2018: $02018Assets 2019: $64,879Liabilities 2019: $0Net Assets 2019: $64,8792019Assets 2020: $233,787Liabilities 2020: $0Net Assets 2020: $233,7872020Assets 2021: $437,068Liabilities 2021: $0Net Assets 2021: $437,0682021Assets 2022: $551,637Liabilities 2022: $0Net Assets 2022: $551,6372022Assets 2023: $993,044Liabilities 2023: $0Net Assets 2023: $993,0442023Assets 2024: $1,327,225Liabilities 2024: $86,618Net Assets 2024: $1,240,6072024Assets 2025: $1,200,281Liabilities 2025: $65,017Net Assets 2025: $1,135,2642025

Highlighted filing

2020

Assets$233,787
Liabilities$0
Net Assets$233,787

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $141,604Expenses 2018: $124,633Net Income 2018: $16,9712018Revenue 2019: $585,138Expenses 2019: $537,230Net Income 2019: $47,9082019Revenue 2020: $1,093,256Expenses 2020: $928,059Net Income 2020: $165,1972020Revenue 2021: $1,361,361Expenses 2021: $1,158,080Net Income 2021: $203,2812021Revenue 2022: $1,857,731Expenses 2022: $1,743,162Net Income 2022: $114,5692022Revenue 2023: $2,208,286Expenses 2023: $1,965,051Net Income 2023: $243,2352023Revenue 2024: $1,687,223Expenses 2024: $1,799,871Net Income 2024: -$112,6482024Revenue 2025: $1,712,330Expenses 2025: $1,813,498Net Income 2025: -$101,1682025

Highlighted filing

2020

Revenue$1,093,256
Expenses$928,059
Net Income$165,197
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 4, 2021
Return Version
2019v5.2
Gross Receipts
$1,093,256
Mission and Program Overview

Mission

The organization's mission is to provide transportation, socialization, congregate and/or home delivered meals to senior citizens of dallas, hempstead, miller, nevada and ouachita counties in arkansas.

David e. Boone, sr. Ministries, inc. Is the provider for the miller county senior center located at 1007 jefferson avenue, texarkana, arkansas. It is a non-profit organization providing transportation, socialization, congregate and/or home delivered meals to the senior citizens of miller county. Our center is open monday through friday. The community services we provide help our seniors to live healthy independent lives. Our transportation service includes transporting seniors to and from the center. We also provide transportation to shopping centers and/or doctor office visits if needed. Daily, we provide congregate meals to our seniors and for those who are basically homebound, they may receive a meal delivered to their home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,879$233,787▲ $168,908
Total Assets$64,879$233,787▲ $168,908
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$64,879$233,787▲ $168,908
Total Net Assets Fund Balance$64,879$233,787▲ $168,908
Total Liabilities and Net Assets / Fund Balance$64,879$233,787▲ $168,908
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Yvonne BooneSecretaryFT$21,750$21,750
David E Boone SrExecutive DirectorFT$11,000$11,000
Karen MorineDirector-$500$500

Board Members and Trustees

NameTitle
David Boone JrPresident
Natalie BooneVice President
Lawrence BrownDirector
Lee MorineDirector
Neil CarmonyDirector
Arielle Boone BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$887,980
Program Service Revenue
$203,673
Investment Income
$0
Other Revenue
$1,603
All Other Contributions
$113,134
Change in Net Assets
$165,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,093,256
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,093,256
Total Revenue per Form 990
$1,093,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$478,475
Salaries, Compensation, and Employee Benefits$449,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$294,888$82,035-$376,923
Occupancy$88,255--$88,255
Payroll Taxes$31,529$7,882-$39,411
Fees for Services Accounting-$38,440-$38,440
Current Officers, Directors, Trustees, and Key Employees$33,250--$33,250
Insurance$931$28,022-$28,953
Other Expenses$15,299$12,051-$15,299
Office Expenses$4,157$5,758-$9,915
Travel$6,492$1,764-$8,256
Information Technology$7,616--$7,616
All Other Expenses-$1,724-$1,724
Total Functional Expenses$750,383$177,676$0$928,059

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$928,059
Total Expenses per Audited Statements$928,059
Total Expenses per Form 990$928,059
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The return was reviewed by the executive director prior to being filed.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request

Filing and Contact Details

Filer

Filer Name
David E Boone Sr Ministries Inc
EIN
82-1296445
Phone
9037013276
Address
1340 WILL SMITH RD, TEXARKANA, TX 75501

Signing Officer

Name
David E Boone Sr
Title
Executive Director
Phone
9037013276
Signed
2021-03-04

Organization Details

Principal Officer
David E Boone Sr
Formed
2017
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
59
Volunteers
12

Preparer

Firm
Frost Pllc
Address
4375 N VANTAGE DRIVE SUITE 403, FAYETTEVILLE, AR 72703
Preparer
Janet M Ptacek
Phone
4796954300
Supplemental Narrative

Additional Explanations

Part XI, Line 8

There was a prior period adjustment to net assets to correct cash to the bank balance.

Financial Statement Notes

PART X, LINE 2:

The organization's policy with respect to evaluating uncertain tax positions is based upon whether management believes it is more likely than not the uncertain tax positions will be sustained upon review by the taxing authorities, then the organization shall initially and subsequently measure the largest amount of tax benefit that is greater than 50% likely of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The tax positions must meet the more-likely-than-not recognition threshold with consideration given to the amounts and probabilities of the outcomes that could be realized upon settlement using the facts, circumstances and information at the reporting date. The organization will reflect only the portion of the tax benefit that will be sustained upon resolution of the position and applicable interest on the portion of the tax benefit not recognized. Based upon management's assessment, there are no uncertain tax positions expected to have a material impact on the organization's financial statements. The organization is subject to u.s. Federal and state tax examinations by tax authorities for years beginning in 2017. The organization's federal and state tax returns are not currently under examination. The organization recognizes interest and penalties related to unrecognized tax benefits in income tax expense. During the year ended june 30, 2019, the organization did not recognize any interest or penalties.

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IRS990/ActivityOrMissionDesc0DAVID E. BOONE, SR. MINISTRIES, INC. IS THE PROVIDER FOR THE MILLER COUNTY SENIOR CENTER LOCATED AT 1007 JEFFERSON AVENUE, TEXARKANA, ARKANSAS. IT IS A NON-PROFIT ORGANIZATION PROVIDING TRANSPORTATION, SOCIALIZATION, CONGREGATE AND/OR HOME DELIVERED MEALS TO THE SENIOR CITIZENS OF MILLER COUNTY. OUR CENTER IS OPEN MONDAY THROUGH FRIDAY. THE COMMUNITY SERVICES WE PROVIDE HELP OUR SENIORS TO LIVE HEALTHY INDEPENDENT LIVES. OUR TRANSPORTATION SERVICE INCLUDES TRANSPORTING SENIORS TO AND FROM THE CENTER. WE ALSO PROVIDE TRANSPORTATION TO SHOPPING CENTERS AND/OR DOCTOR OFFICE VISITS IF NEEDED. DAILY, WE PROVIDE CONGREGATE MEALS TO OUR SENIORS AND FOR THOSE WHO ARE BASICALLY HOMEBOUND, THEY MAY RECEIVE A MEAL DELIVERED TO THEIR HOME.
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0474453
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0134780
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01497213
IRS990ScheduleA/TotalSupportAmt01813172
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0928059
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01093256
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S POLICY WITH RESPECT TO EVALUATING UNCERTAIN TAX POSITIONS IS BASED UPON WHETHER MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THE UNCERTAIN TAX POSITIONS WILL BE SUSTAINED UPON REVIEW BY THE TAXING AUTHORITIES, THEN THE ORGANIZATION SHALL INITIALLY AND SUBSEQUENTLY MEASURE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE TAX POSITIONS MUST MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD WITH CONSIDERATION GIVEN TO THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON SETTLEMENT USING THE FACTS, CIRCUMSTANCES AND INFORMATION AT THE REPORTING DATE. THE ORGANIZATION WILL REFLECT ONLY THE PORTION OF THE TAX BENEFIT THAT WILL BE SUSTAINED UPON RESOLUTION OF THE POSITION AND APPLICABLE INTEREST ON THE PORTION OF THE TAX BENEFIT NOT RECOGNIZED. BASED UPON MANAGEMENT'S ASSESSMENT, THERE ARE NO UNCERTAIN TAX POSITIONS EXPECTED TO HAVE A MATERIAL IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEGINNING IN 2017. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS ARE NOT CURRENTLY UNDER EXAMINATION. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED JUNE 30, 2019, THE ORGANIZATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0928059
IRS990ScheduleD/TotalRevenuePerForm990Amt01093256
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01093256
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0928059
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN WAS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE WAS A PRIOR PERIOD ADJUSTMENT TO NET ASSETS TO CORRECT CASH TO THE BANK BALANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 8
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0233787
IRS990/TotalAssetsGrp/BOYAmt064879
IRS990/TotalAssetsGrp/EOYAmt0233787
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0887980
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0177676
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0750383
IRS990/TotalFunctionalExpensesGrp/TotalAmt0928059
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt064879
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0233787
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0750383
IRS990/TotalProgramServiceRevenueAmt0203673
IRS990/TotalReportableCompFromOrgAmt033250
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0205276
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01093256
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt064879
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0233787
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01764
IRS990/TravelGrp/ProgramServicesAmt06492
IRS990/TravelGrp/TotalAmt08256
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01340 WILL SMITH ROAD
IRS990/USAddress/CityNm0TEXARKANA
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075501
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID E BOONE SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09037013276
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAVID E BOONE SR MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0821296445
ReturnHeader/Filer/PhoneNum09037013276
ReturnHeader/Filer/USAddress/AddressLine1Txt01340 WILL SMITH RD
ReturnHeader/Filer/USAddress/CityNm0TEXARKANA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710817652
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FROST PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04375 N VANTAGE DRIVE SUITE 403
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAYETTEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072703
ReturnHeader/PreparerPersonGrp/PhoneNum04796954300
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANET M PTACEK
ReturnHeader/ReturnTs02021-03-06T13:50:30-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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