Skip to content
Nonprofiteer
← ARKANSAS GIFT FOUNDATION

Form 990 for tax year 2022

Filed by ARKANSAS GIFT FOUNDATION.

Totals

Total revenue
$140,658
Total expenses
$174,538
Contributions and grants received
$165,658
Grants paid
$171,541
Program service revenue
$0
Investment income
-$25,000
Other revenue
$0
Total assets, end of year
$164,622
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$164,622
Program services expenses (Part IX)
$171,541
Management and general expenses
$2,997
Fundraising expenses
$0
Program service expenses (Part III)
$171,541

Program services were 98.3% 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

    $165,658

  • 1g · Noncash contributions included above

    $165,658

  • 7b · Less cost or other basis and sales expenses

    other assets $25,000

  • 7c · Gain or loss

    other assets -$25,000

  • 7d · Net gain or loss

    total -$25,000 · related or exempt -$25,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $171,541 · program services $171,541

  • 11b · Fees: legal

    total $1,921 · management and general $1,921

  • 24a · Other expenses: TAXES

    total $1,076 · management and general $1,076

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,802 · end of year -$4,078

  • 10a · Land, buildings and equipment: cost or other basis

    $168,700

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $193,700 · end of year $168,700

  • 27 · Net assets without donor restrictions

    beginning of year $198,502 · end of year $164,622

Mission and programs · 2022

Mission

TO SUPPORT THE ARKANSAS COMMUNITY FOUNDATION AND TO CARRY OUT THE CHARITABLE AND PHILANTHROPIC PURPOSES THEREOF.

  • TO SUPPORT THE ARKANSAS COMMUNITY FOUNDATION AND TO CARRY OUT THE CHARITABLE AND PHILANTHROPIC PURPOSES THEREOF.

    Expenses $171,541 · Grants $171,541

As filed on the 2022 return.

Listed in Part VII

  • COREY MOLINE

    PRESIDENT

    Total calculated
    $252,004
    From this org
    $0
    From related orgs
    $198,253
    Other
    $53,751
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $198,253 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $40,594 related
    Nontaxable benefits
    $0 + $13,157 related
    Filer's total
    $0 + $252,004 related

  • HEATHER LARKIN

    SECRETARY

    Total calculated
    $375,707
    From this org
    $0
    From related orgs
    $304,729
    Other
    $70,978
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,729 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $58,250 related
    Nontaxable benefits
    $0 + $12,728 related
    Filer's total
    $0 + $375,707 related

  • STEVE NIPPER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RAMSAY BALL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DON GREENLAND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALYSON BRADFORD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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.

Provenance

Return type
form_990
Tax year
2022
Filed
1 November 2023
IRS schema version
2022v5.0
Source object
202313109349301696

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.