Civic Intelligence

Spring River Innovation Hub

990EZ • Fiscal year 2019 • EIN 82-3624583

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

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

(870) 710-7081

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

0.29x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

89th percentile

82%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-65%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$18,100

Up $8,132 (+82%) from 2018

Net Assets

Up

$12,600

Up $11,132 (+758%) from 2018

Liabilities

Down

$5,500

Down $3,000 (-35%) from 2018

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin93rd percentile

Revenue

Down

$18,868

Down $35,586 (-65%) from 2018

Expenses

Down

$7,736

Down $45,250 (-85%) from 2018

Net Income

Up

$11,132

Up $9,664 (+658%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

2019

Assets$18,100
Liabilities$5,500
Net Assets$12,600
Open 2019 Filing

Operations Trend

Revenue Growth6th percentile

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

2019

Revenue$18,868
Expenses$7,736
Net Income$11,132
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.0
Gross Receipts
$27,366
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 two was devoted to continued marketing of the organization and providing services for the community. A Robotics camp, social media class, women's event, farmer's market and Arts Mobile were programs offered to the businesses and community. In addition, the first Arkansas Pie Festival was established through the Spring River Innovation Hub, and recognized as a state event in our town.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan RhodesChairman Of The Board-$0--
Graycen BiggerExecutive DirectorPT$0--
Jeffrey PennVice Chairman Of The Board-$0--
Molly CarpenterTreasurer-$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
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
2020-07-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“$3000 Principal payment made to FNBC Loan from 2018 return”

Form 990-EZ, Part II, Line 24

“Furniture, Computer equipment and Appliances”

Form 990-EZ, Part II, Line 26

“FNBC Loan balance $5500 plus interest”

Raw XML Appendix264 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$3000 Principal payment made to FNBC Loan from 2018 return
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Furniture, Computer equipment and Appliances
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FNBC Loan balance $5500 plus interest
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
ReturnHeader/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jonathan Rhodes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman of the Board
ReturnHeader/BusinessOfficerGrp/PhoneNum08702573241
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRING RIVER INNOVATION HUB
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/ReturnTs02020-07-15T18:53:41-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,100
Liabilities
$5,500
Net assets
$12,600
Revenue
$18,868
Expenses
$7,736
Net income
$11,132
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