Civic Intelligence

Forward Searcy Inc

EIN 99-4052723 • 501(c)3 • Searcy, AR

Profile

Charitable, religious, educational & scientific purposes such as making distributions to organizations that qualify as exempt organizations under 501(c)(3) of the internal revenue service code

2323 S Main StreetSearcy, AR 72143
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

$206,183

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$206,183

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin87th percentile

Revenue

$492,472

No earlier filing loaded for comparison.

Expenses

$286,289

No earlier filing loaded for comparison.

Net Income

$206,183

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2024: $206,183Liabilities 2024: $0Net Assets 2024: $206,1832024

Highlighted filing

2024

Assets$206,183
Liabilities$0
Net Assets$206,183
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0Revenue 2024: $492,472Expenses 2024: $286,289Net Income 2024: $206,1832024

Highlighted filing

2024

Revenue$492,472
Expenses$286,289
Net Income$206,183
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$206,183
Liabilities
$0
Net assets
$206,183
Revenue
$492,472
Expenses
$286,289
Net income
$206,183
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$4.92$2.86$2.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 5, 2025
Return Version
2024v5.1
Gross Receipts
$492,472
Mission and Program Overview

Mission

Charitable, religious, educational & scientific purposes such as making distributions to organizations that qualify as exempt organizations under 501(c)(3) of the internal revenue service code

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$206,183-
Total Assets$0$206,183▲ $206,183
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$206,183-
Total Net Assets Fund Balance$0$206,183▲ $206,183
Total Liabilities and Net Assets / Fund Balance$0$206,183▲ $206,183
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Reynie RutledgeChairmain
Casey CullipherChamber of Commerce Chairman
Adam HartSredc Chairman
David BurksVice Chairman
Darrell WelchCEO
Mat FaulnerSearcy Mayor
Donald MillerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$492,472
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$492,472
Change in Net Assets
$206,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,289
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$286,289--$286,289
Total Functional Expenses$286,289$0$0$286,289
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
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 governing body review Part VI line 11

“NO REVIEW CONDUCTED”

Governing documents etc available to public Part VI line 19

“Documents available to public”

Filing and Contact Details

Filer

Filer Name
Forward Searcy Inc
EIN
99-4052723
In Care Of
% DARRELL WELCH
Address
2323 S MAIN STREET, Searcy, AR 72143

Signing Officer

Name
Darrell Welch
Title
Director
Signed
2025-05-05
Discuss with paid preparer
No

Organization Details

Formed
2024
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Curtis Williams Jr CPA Pa
Address
508 W PLEASURE AVENUE, Searcy, AR 72143
Preparer
Curtis Williams Jr CPA
Phone
5012792099
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Economic development services $286,289”

Raw XML Appendix287 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ECONOMIC DEVELOPMENT SERVICES $286,289
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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