Nonprofit · EIN 58-1896150
SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · MAGNOLIA, AR 71754
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $476,517 | $451,537 | $24,980 | $262,039 | $49,605 | $212,434 |
| December 31, 2023 | 990 | $511,423 | $459,187 | $52,236 | $290,090 | $102,634 | $187,456 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $51,983
- of which government grants
- $51,983
- Program service revenue
- $424,534
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $252,243
- Salaries, compensation and benefits (total)
- $271,330
- Professional fundraising fees
- $0
- Occupancy
- $44,087
- Depreciation
- $5,455
- Program services (functional)
- $451,537
Balance sheet and other
- Total assets, start of year
- $290,090
- Total assets, end of year
- $262,039
- Total liabilities, end of year
- $49,605
- Net assets, end of year
- $212,434
- Land, buildings and equipment
- $50,662
- Net assets without donor restrictions
- $212,434
- Gross receipts
- $476,517
- Employees
- 14
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VELMA GEORGE | DIRECTOR Trustee or director | – | $0 |
| IVORY MCINTYRE | DIRECTOR Trustee or director | – | $0 |
| RUTHIE SHARP | DIRECTOR Trustee or director | – | $0 |
| JOE SCOTT | DIRECTOR Trustee or director | – | $0 |
| BILLY WILLIAMS | DIRECTOR Trustee or director | – | $0 |
| VERTIS WILLIAMS | DIRECTOR Trustee or director | – | $0 |
| PAULA WOODS | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THELMA ARBOR | DIRECTOR Trustee or director | – | $0 |
| DAVID FIELDING | DIRECTOR Trustee or director | – | $0 |
| VELMA GEORGE | DIRECTOR Trustee or director | – | $0 |
| IVORY MCINTYRE | DIRECTOR Trustee or director | – | $0 |
| RUTHIE SHARP | DIRECTOR Trustee or director | – | $0 |
| BILLY WILLIAMS | DIRECTOR Trustee or director | – | $0 |
| VERTIS WILLIAMS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 863, MAGNOLIA, AR 71754-0863
- Principal officer (990 for 2024)
- RUTHIE SHARP, PO BOX 863, MAGNOLIA, AR 71753
- Signed the 990
- CAROL GARLAND, EXECUTIVE DIRECTOR
- Phone
- (870) 234-3700
- Return prepared by
- MEYER & WARD CPAS PA
Mission
PROVIDE DAY CARE SERVICES TO SOCIALLY AND ECONOMICALLY DISADVANTAGED CHILDREN, AND TO PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES.
Program accomplishments
- DAY CARE PROGRAM SERVICESExpenses $449,343
- OTHERExpenses $2,194
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1896150
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P330)
- Assets (IRS master file)
- $262,039
- Income (IRS master file)
- $476,517
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $476,517 | $451,537 | $262,039 | XML |
| 990 | December 2023 | $511,423 | $459,187 | $290,090 | XML |
| 990 | December 2022 | $441,897 | $387,884 | $323,529 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1896150).
Questions about SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION is 58-1896150.
- Is SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names RUTHIE SHARP.
- Who are the officers and directors of SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $476,517, expenses of $451,537 and total assets of $262,039 at year end.
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