Civic Intelligence

Spring River Innovation Hub

990EZ • Fiscal year 2018 • EIN 82-3624583

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 17, 2019

Organization Profilewww.innovatespringriver.org
249 Iroquois DriveCherokee Village, AR 72529

(870) 710-7081

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$9,968

No earlier filing loaded for comparison.

Net Assets

$1,468

No earlier filing loaded for comparison.

Liabilities

$8,500

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

$54,454

No earlier filing loaded for comparison.

Expenses

$52,986

No earlier filing loaded for comparison.

Net Income

$1,468

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2018: $9,968Liabilities 2018: $8,500Net Assets 2018: $1,4682018Assets 2019: $18,100Liabilities 2019: $5,500Net Assets 2019: $12,6002019Assets 2020: $16,959Liabilities 2020: $4,5002020

Highlighted filing

2018

Assets$9,968
Liabilities$8,500
Net Assets$1,468
Open 2018 Filing

Operations Trend

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

$60K$40K$20K$0Revenue 2018: $54,454Expenses 2018: $52,986Net Income 2018: $1,4682018Revenue 2019: $18,868Expenses 2019: $7,736Net Income 2019: $11,1322019Revenue 2020: $16,104Expenses 2020: $15,840Net Income 2020: $2642020

Highlighted filing

2018

Revenue$54,454
Expenses$52,986
Net Income$1,468
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 17, 2019
Return Version
2018v3.0
Gross Receipts
$55,809
Mission and Program Overview

Mission

The organization's primary purpose is to provide small business and entrepreneur support in three counties in North Arkansas through business counseling, access to co-working space and broadband along with networking and professional development in order to facilitate economic development.

Program Services

DescriptionGrantsExpenses
Year one expenses were primarily devoted to the renovation and outfitting of co-working and entrepreneurial space. The space benefitted 2,100 people. A total of $1450 was dedicated to community arts programming for a minimum of 1,200 people. A total of $1850 was used to purchase equipment, supplies and host professional development courses for small businesses and entrepreneurs. This benefitted a total of 248 people. The space also hosted professional meetings and events for a minimum of 652 people. An additional $775 was spent to market the hub's mission, programming and counseling sessions.$1,278$4,075
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan RhodesChairman Of The BoardPT$0--
Graycen BiggerExecutive DirectorPT$0--
Jeffrey PennVice Chairman Of The BoardPT$0--
Molly CarpenterTreasurerPT$0--
Kasey CarterDirector-$0--
Angela PhippsDirector-$0--
Marc HerringDirector-$0--
Pamela GunstenDirector-$0--
Susan AdamDirector-$0--
Filing and Contact Details

Filer

Filer Name
Spring River Innovation Hub Inc
EIN
82-3624583
Phone
8707107081
Address
249 Iroquois Drive, Cherokee Village, AR 72529

Signing Officer

Name
Jonathan Rhodes
Title
Chairman of the Board
Phone
8702573241
Signed
2019-06-17
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Renovation Materials and Fees;14904|Misc Supples and Furnishings for Space;4810|Event Supplies and Purchases;955|Marketing;775|Professional Fees;1326|Arkansas Artmobile Rental;1000^Total;23770^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Appliances;2950|Technology Equipment;650|Misc Furniture;4900^Total;8500^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^FNBC Loan Matures Sept 2019;8500^Total;8500^”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Renovation Materials and Fees;14904|Misc Supples and Furnishings for Space;4810|Event Supplies and Purchases;955|Marketing;775|Professional Fees;1326|Arkansas Artmobile Rental;1000^Total;23770^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Appliances;2950|Technology Equipment;650|Misc Furniture;4900^Total;8500^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^FNBC Loan Matures Sept 2019;8500^Total;8500^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0As this is our organization's first year to file a Form 990, additional time was requested in order to assemble information necessary to file a complete and accurate Form 990 per advice of legal counsel.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jonathan Rhodes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman of the Board
ReturnHeader/BusinessOfficerGrp/PhoneNum08702573241
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-17
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ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0823624583
ReturnHeader/Filer/PhoneNum08707107081
ReturnHeader/Filer/USAddress/AddressLine1Txt0249 Iroquois Drive
ReturnHeader/Filer/USAddress/CityNm0Cherokee Village
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072529
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0170.10.10.35
ReturnHeader/ReturnTs02019-06-18T16:03:45-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,968
Liabilities
$8,500
Net assets
$1,468
Revenue
$54,454
Expenses
$52,986
Net income
$1,468
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Summary only. Only limited summary data is available for this year.$17.0$4.50$16.1$15.8$0.26
2019Detailed filing. Detailed filing data is available for this year.$18.1$5.50$12.6$18.9$7.74$11.1
2018Detailed filing. Detailed filing data is available for this year.$9.97$8.50$1.47$54.5$53.0$1.47