Civic Intelligence

Argent Foundation

990 • Fiscal year 2021 • EIN 86-1771653

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

Organization Profile
500 East Reynold DriveRuston, LA 71270

(318) 251-3226

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$554,890

Flat from 2021

Net Assets

Flat

$0

Flat from 2021

Liabilities

Flat

$554,890

Flat from 2021

Revenue And Expenses

Revenue

Flat

$0

Flat from 2021

Expenses

Flat

$0

Flat from 2021

Net Income

Flat

$0

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2021: $554,890Liabilities 2021: $554,890Net Assets 2021: $02021Assets 2021: $554,890Liabilities 2021: $554,890Net Assets 2021: $02021Assets 2022: $916,419Liabilities 2022: $754Net Assets 2022: $915,6652022Assets 2023: $3,266,222Liabilities 2023: -$85,299Net Assets 2023: $3,351,5212023Assets 2024: $9,829,166Liabilities 2024: $5,499Net Assets 2024: $9,823,6672024

Highlighted filing

2021

Assets$554,890
Liabilities$554,890
Net Assets$0
Open 2021 Filing

Operations Trend

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

$10M$5.0M$0Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $618,456Expenses 2022: $178,564Net Income 2022: $439,8922022Revenue 2023: $3,880,813Expenses 2023: $1,444,957Net Income 2023: $2,435,8562023Revenue 2024: $8,219,898Expenses 2024: $1,753,183Net Income 2024: $6,466,7152024

Highlighted filing

2021

Revenue$0
Expenses$0
Net Income$0
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

Argent foundation (the "foundation") is a texas nonprofit corporation focused on aiding charitable organizations to raise the funds necessary to conduct and scale work that is crucial in addressing social and environmental challenges and promoting the welfare of society. The foundation supports effective philanthropy and grantmaking by empowering donors to pursue philanthropic goals and empowering charities to strengthen their financial resilience by providing grants and education programming to charities and potential donors regarding fundraising, effective grant- making and philanthropic investments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$554,890-
Total Assets$0$554,890▲ $554,890
Liabilities
Grants Payable-$554,890-
Total Liabilities$0$554,890▲ $554,890
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$554,890▲ $554,890
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cynthia WoodardBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Argent Foundation Inc
EIN
86-1771653
Address
500 EAST REYNOLD DRIVE, RUSTON, LA 71270

Signing Officer

Name
Lucius Mcgehee
Title
Board Member
Signed
2022-11-11

Organization Details

Principal Officer
Argent Foundation
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Woodard & Associates (apac)
Address
1100 N 18TH ST STE 200, MONROE, LA 71201
Preparer
Pamela Vallery
Phone
3183872672
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Argent foundation (the "foundation") is a texas nonprofit corporation focused on aiding charitable organizations to raise the funds necessary to conduct and scale work that is crucial in addressing social and environmental challenges and promoting the welfare of society. The foundation supports effective philanthropy and grantmaking by empowering donors to pursue philanthropic goals and empowering charities to strengthen their financial resilience by providing grants and education programming to charities and potential donors regarding fundraising, effective grant- making and philanthropic investments.”

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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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ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$554,890
Liabilities
$554,890
Net assets
$0
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.83$0.01$9.82$8.22$1.75$6.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.09$3.35$3.88$1.44$2.44
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.62$0.18$0.44
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.55$0.00$0.00$0.00$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.55$0.00$0.00$0.00$0.00