Form 990 for tax year 2024
Filed by SOUTH ARKANSAS COMMUNITY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $2,807,829
- Total expenses
- $1,232,649
- Contributions and grants received
- $2,522,132
- Grants paid
- $1,122,828
- Program service revenue
- $0
- Investment income
- $245,960
- Other revenue
- $39,737
- Total assets, end of year
- $6,370,718
- Total liabilities, end of year
- $216,765
- Net assets or fund balances, end of year
- $6,153,953
- Program services expenses (Part IX)
- $1,122,828
- Management and general expenses
- $109,821
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,122,828
Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,522,132
-
3 · Investment income
total $187,882 · excluded $187,882
-
7a · Gross sales of assets other than inventory
securities $4,652,444
-
7b · Less cost or other basis and sales expenses
securities $4,594,366
-
7c · Gain or loss
securities $58,078
-
7d · Net gain or loss
total $58,078 · excluded $58,078
-
8a · Fundraising events: gross income
$106,177
-
8b · Fundraising events: direct expenses
$66,442
-
8c · Net income from fundraising events
total $39,735 · excluded $39,735
-
11a · Other revenue: OTHER INCOME
total $2 · related or exempt $2
-
11e · Other revenue, total
$2
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,005,524 · program services $1,005,524
-
2 · Grants to domestic individuals
total $117,304 · program services $117,304
-
11a · Fees: management
total $6,072 · management and general $6,072
-
11c · Fees: accounting
total $13,750 · management and general $13,750
-
11g · Fees: other
total $80,291 · management and general $80,291
-
13 · Office expenses
total $9,708 · management and general $9,708
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $48,457 · end of year $77,553
-
9 · Prepaid expenses and deferred charges
beginning of year $9,047 · end of year $6,029
-
10a · Land, buildings and equipment: cost or other basis
$6,490
-
10b · Land, buildings and equipment: accumulated depreciation
$6,490
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $4,305,671 · end of year $6,287,136
-
17 · Accounts payable and accrued expenses
beginning of year $688 · end of year $163,190
-
25 · Other liabilities
beginning of year $30,975 · end of year $53,575
-
27 · Net assets without donor restrictions
beginning of year $3,744,645 · end of year $4,088,362
-
28 · Net assets with donor restrictions
beginning of year $586,867 · end of year $2,065,591
Mission and programs · 2024
Mission
TO AID, STRENGTHEN, AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SERVICES OF SOUTH ARKANSAS COLLEGE, AND TO PROVIDE BROADER EDUCATIONAL OPPORTUNITIES TO ITS STUDENTS, STAFF, FACULTY, AND TO THE RESIDENTS OF UNION COUNTY.
Activities or mission (Part I)
THE SOUTH ARKANSAS COLLEGE FOUNDATION EXISTS TO BUILD LEADERSHIP, SCHOLARSHIP AND PARTNERSHIPS BY INCREASING DONOR SUPPORT, REWARDING EXCELLENCE, AND ELEVATING THE STATURE AND IMPORTANCE OF THE SOUTH ARKANSAS COLLEGE LOCALLY, REGIONALLY, AND NATIONALLY.
-
FURTHER LITERARY, SCIENTIFIC, AND EDUCATIONAL PURPOSES OF SOUTH ARKANSAS COLLEGE. ALSO, TO PROVIDE SCHOLARSHIPS TO NUMEROUS COLLEGE STUDENTS & PASS THROUGH CONTRIBUTIONS TO THE COLLEGE.
Expenses $1,122,828 · Grants $1,122,828
As filed on the 2024 return.
Listed in Part VII
-
Greg WithrowGREG WITHROW
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Wyatt WinkenwerderWYATT WINKENWERDER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Rodney Landes JrRODNEY LANDES JR
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Laura RogersLAURA ROGERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Felisha AaronFELISHA AARON
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Anne CauthronANNE CAUTHRON
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Christy GunterCHRISTY GUNTER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kristy HaydenKRISTY HAYDEN
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Will HegiWILL HEGI
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kristy LoweryKRISTY LOWERY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
David SkinnerDAVID SKINNER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg ThomasGREG THOMAS
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim TidwellJIM TIDWELL
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth OliverELIZABETH OLIVER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris WassonCHRIS WASSON
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg WilliamsGREG WILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
SOUTH ARKANSAS COLLEGE - VARIOUS PROJECTS
$229,423
FURTHER THE EDUCATIONAL, LITERARY, AND SCIENTIFIC WORK AND SERVICES OF SOUTH ARKANSAS COMMUNITY COLLEGE.
-
SOUTH ARKANSAS COLLEGE - ARCHITECT FEES
$0
CONSTRUCTION OF BALLPARK AND RESIDENCE HALL
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SOUTH ARKANSAS COLLEGE
170 (B)(1)(A) · COLLEGE · AR
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 26 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630909349300108
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