2025-06-23T09:07:22-05:00 2024-12-31 710355269 LANDMARK PLC CPAS 2003 SOUTH HORSEBARN ROAD SUITE 4 ROGERS AR 72758 990 2024-01-01 383691802 BENTONVILLE LIBRARY FOUNDATION BENT 4792712464 405 S MAIN ST BENTONVILLE AR 72712 HOWARD KERR PRESIDENT 4792712464 2025-06-13 1 0 JOHN D EVANS P00736358 4796364461 2025-06-13 2024 2025-03-06 01:10:19Z HOWARD KERR 405 S MAIN ST BENTONVILLE AR 72712 329496 0 X WWW.BENTONVILLELIBRARYFOUNDATION.ORG X 2004 AR TO ENGAGE OUR COMMUNITY IN ORDER TO PROVIDE NECESSARY AND SUBSTAINABLE SUPPORT FOR THE BENTONVILLE PUBLIC LIBRARY. 17 17 1 40 0 0 7301240 321393 0 0 30746 8103 0 0 7331986 329496 0 0 0 0 86141 102290 0 0 44890 10256202 411139 10342343 513429 -3010357 -183933 486659 298071 13119 8464 473540 289607 TO INCREASE ACCESS AND ENHANCE LITERACY IN OUR COMMUNITY THROUGH ENGAGEMENT AND SUPPORT BY DEVELOPING FINANCIAL RESOURCES AND MAINTAINING FACILITIES TO BENEFIT THE PROGRAMS AND SERVICES OF THE BENTONVILLE PUBLIC LIBRARY. 0 0 380302 FUNDS FOR PROGRAMS AND OTHER EVENTS HELD IN THE LIBRARY. THE LIBRARY OPENED IN OCTOBER 2006 AND HAS CONTINUED TO GROW EACH YEAR WITH A MAJOR EXPANSION TAKING PLACE STARTING IN 2023 AND COMPLETED IN 2024. 380302 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AR X THE ORGANIZATION 4792713100 405 S MAIN ST BENTONVILLE AR 72712 HOWARD KERR PRESIDENT 1.00 X X 0 0 0 PATRICK HEAVRIN TREASURER 1.00 X X 0 0 0 DENISE ESTRADA SECRETARY 1.00 X X 0 0 0 ANGIE BAILEY DIRECTOR 1.00 X 0 0 0 CHRIS SOOTER DIRECTOR 1.00 X 0 0 0 CHRISTIE KING DIRECTOR 1.00 X 0 0 0 LIZ SCHIEFFLER DIRECTOR 1.00 X 0 0 0 STEVE GALEN DIRECTOR 1.00 X 0 0 0 ARTHI KRISHNA DIRECTOR 1.00 X 0 0 0 DEAN HAWKINS DIRECTOR 1.00 X 0 0 0 ANNA BEVER DIRECTOR 1.00 X 0 0 0 TERRY COBERLY DIRECTOR 1.00 X 0 0 0 IDA FINEBERG DIRECTOR 1.00 X 0 0 0 KEVIN HALL DIRECTOR 1.00 X 0 0 0 JANA ECRETTE DIRECTOR 1.00 X 0 0 0 JACKIE MARZANO DIRECTOR 1.00 X 0 0 0 MICHAEL DODD DIRECTOR 1.00 X 0 0 0 TERESA STAFFORD EXECUTIVE DIRECTOR 40.00 X 95000 0 0 95000 0 0 0 0 0 0 0 321393 321393 8103 8103 329496 0 0 8103 95000 9500 47500 38000 7290 729 3645 2916 21266 21266 5299 1325 3974 3208 3208 550 550 LIBRARY EXPANSION PROJE 370073 370073 DUES AND SUBSCRIPTIONS 5102 5102 DONATIONS 5000 5000 BANK/CREDIT CARD FEES 320 320 321 321 513429 380302 88237 44890 486659 298071 3584 3584 0 0 486659 298071 13119 8464 13119 8464 X 367737 289607 105803 0 473540 289607 486659 298071 -183933 0 X X 0 0 0 X 111369 630557 2576455 7301240 321393 10941014 111369 630557 2576455 7301240 321393 10941014 2340095 8600919 28385 15094 4720 26746 7739 82684 364 364 11024062 0.78020 0.77530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3584 3584 0 0 X PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. FASB CODIFICATION TOPIC INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND REQUIRES THE FOUNDATION TO RECOGNIZE IN THEIR FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION TAKE OR EXPECTED TO BE TAKEN IN A TAX RETURN, IF THAT POSITION IS MORE LIKLEY THAN NOT TO BE SUSTAINDED UNDER AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ASSESSED THE TAX POSITIONS OF THE FOUNDATION AND DETERMINED THAT NO POSITIONS EXIST THAT REQUIRE ADJUSTMENT OR DISCLOSURE UNDER THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE 990 IN ITS ENTIRETY AT A BOARD MEETING AND THEN VOTES TO APPROVE THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD HAS A CONFLICT OF INTEREST POLICY ADEQUATELY DISCLOSED IN THE BYLAWS OF THE ORGANIZATION AND DISCUSSES THESE POTENTIAL CONFLICTS REGUARLY AS A PART OF BOARD MEETINGS AND THE BOARD RETREAT. FORM 990, PART VI, SECTION B, LINE 15 CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT COMP (PART VI, LINE 15A) THE BOARD DOES NOT CURRENTLY ALLOW FUNDS TO BE USED FOR BOARD COMPENSATION; HOWEVER, SHOULD THE BOARD DECIDE TO COMPENSATE ANY DIRECTORS OR OFFICERS, THE BOARD OFFICERS WILL DISCUSS COMPENSATION AND THEN THE BOARD AS A WHOLE WILL VOTE TO EITHER APPROVE OR DENY ANY COMPENSATION STRUCTURE. OTHER OFFICER OR KEY EMPLOYEE COMPENSATION (PART VI, LINE 15B) BOARD OFFICERS DO ACTIVELY DISCUSS FUND DEVELOPMENT DIRECTOR COMPENSATION AND THEN THE BOARD AS A WHOLE WILL VOTE TO EITHER APPROVE OR DENY AND COMPENSATION STRUCTURE FOR THE DEVELOPMENT DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON INQUIRY. THE BOARD ALSO ALLOWS THE CITY OF BENTONVILLE THE OPPORTUNITY TO REVIEW SUCH STATEMENTS. FORM 990, PART XII, LINE 2C: NO CHANGE FROM THE PRIOR YEAR.