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Nonprofit · EIN 71-0772094

CREDIT COUNSELING OF ARKANSAS INC

Tax-exempt (reinstated) · FAYETTEVILLE, AR 72703

Financials

$1.1M$890K2022$1M$931K2023$618K$902K2024
Revenue Expenses · by fiscal year end
Financials of CREDIT COUNSELING OF ARKANSAS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$617,809$902,498-$284,689$339,918$124,648$215,270
June 30, 2024990$1,035,446$930,826$104,620$713,687$205,221$508,466
June 30, 2023990$1,074,075$890,339$183,736$675,533$280,448$395,085
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$262,405
Program service revenue
$290,871
Investment income
$38,623
Net rental income
$25,910
Net gain from sales of assets
$30,665
Other revenue
$25,910

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$586,140
Salaries, compensation and benefits (total)
$666,969
Professional fundraising fees
$0
Occupancy
$71,542
Travel
$2,747
Depreciation
$17,726
Program services (functional)
$575,673
Management and general (functional)
$162,949
Fundraising (functional)
$163,876

Balance sheet and other

Total assets, start of year
$713,687
Total assets, end of year
$339,918
Total liabilities, end of year
$124,648
Net assets, end of year
$215,270
Land, buildings and equipment
$17,745
Publicly traded securities
$235,801
Net assets without donor restrictions
$215,270
Gross receipts
$617,809
Employees
13
Year formed
1995
State of legal domicile
AR

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHAD CHANCEBOARD MEMBER
Trustee or director
1$0
MAURICIO HERRERASECRETARY
Trustee or director, Officer
1$0
TOM JENSENBOARD MEMBER
Trustee or director
1$0
BLAIR JOHANSONCHAIRMAN
Trustee or director, Officer
1$0
NANCY LEAKEBOARD MEMBER
Trustee or director
1$0
DANIEL LEWISBOARD MEMBER
Trustee or director
1$0
MIKE ROBARDSVICE-CHAIR
Trustee or director, Officer
1$0
CRAIG SHYBOARD MEMBER
Trustee or director
1$0
KELEY SIMPSONBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
CHAD CHANCEBOARD MEMBER
Trustee or director
1$0
CEDRIC FONVILLEBOARD MEMBER
Trustee or director
1$0
BRAD GARRARDBOARD MEMBER
Trustee or director
1$0
MAURICIO HERRERASECRETARY
Trustee or director, Officer
1$0
TOM JENSENVICE-CHAIR
Trustee or director, Officer
1$0
BLAIR JOHANSONCHAIRMAN
Trustee or director, Officer
1$0
NANCY LEAKEBOARD MEMBER
Trustee or director
1$0
DANIEL LEWISBOARD MEMBER
Trustee or director
1$0
MIKE ROBARDSBOARD MEMBER
Trustee or director
1$0
CRAIG SHYBOARD MEMBER
Trustee or director
1$0
KELEY SIMPSONBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensation
CHAD CHANCEBOARD MEMBER
Trustee or director
1$0
CEDRIC FONVILLEBOARD MEMBER
Trustee or director
1$0
BRAD GARRARDBOARD MEMBER
Trustee or director
1$0
MAURICIO HERRERASECRETARY
Trustee or director, Officer
1$0
TOM JENSENVICE-CHAIR
Trustee or director, Officer
1$0
BLAIR JOHANSONCHAIRMAN
Trustee or director, Officer
1$0
NANCY LEAKEBOARD MEMBER
Trustee or director
1$0
DANIEL LEWISBOARD MEMBER
Trustee or director
1$0
MIKE ROBARDSBOARD MEMBER
Trustee or director
1$0
CRAIG SHYBOARD MEMBER
Trustee or director
1$0
KELEY SIMPSONBOARD MEMBER
Trustee or director
1$0
KELLY TUCKERBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 10168, FAYETTEVILLE, AR 72703-0038
In care of
% MARY HARCOURT
Principal officer (990 for 2024)
MARY CATHERINE HARCOURT, PO BOX 10168, FAYETTEVILLE, AR 72703
Signed the 990
MARY CATHERINE HARCOURT, EXECUTIVE DIRECTOR
Phone
(479) 521-8877
Return prepared by
PRZ CPAS & ADVISORS

Mission

TO IMPROVE THE QUALITY OF LIFE OF INDIVIDUALS AND FAMILIES THROUGH FINANCIAL EDUCATION, CREDIT AND HOUSING COUNSELING, AND MONEY MANAGEMENT SERVICES.

990 for the year ended June 30, 2025

Program accomplishments

  • DEBT MANAGEMENT - THE ORGANIZATION WORKS WITH CREDITORS TO CONSOLIDATE DEBT AND ARRANGE BETTER REPAYMENT TERMS. COUNSELING AND EDUCATION - THE ORGANIZATION OFFERS CREDIT REPORT REVIEWS, PRE AND POST-DISCHARGE BANKRUPTCY, AND STUDET LOAN COUNSELING AND EDUCATION AS WELL A BUDGETING COUNSELING SERVICES. HOUSING - THE ORGANIZATION OFFERS FREE PRE-HOME PURCHASE AND MORTGAGE DELINQUENCY COUNSELING. REVERSE MORTAGE COUNSELING IS ALSO AVAILABLE FOR SENIOR CITIZENS FOR A FEE. IN ADDITION, THE ORGANIZATION PROVIDES HOUSING AND FORECLOSURE COUNSELING FOR ELIGIBLE INDIVIDUALS UNDER FEE FOR SERVICE CONTRACTS WITH FEDERAL AND STATE AGENCIES.
    Expenses $575,673 · revenue $290,871

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
71-0772094
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P51)
Assets (IRS master file)
$339,918
Income (IRS master file)
$617,809

Revocation and reinstatement

Exemption revoked
November 15, 2023
Posted by the IRS
March 11, 2024
Reinstated
Effective November 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$617,809$902,498$339,918XML
990June 2024$1,035,446$930,826$713,687XML
990June 2023$1,074,075$890,339$675,533XML
990June 2020–––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 71-0772094).

Questions about CREDIT COUNSELING OF ARKANSAS INC

What is the EIN of CREDIT COUNSELING OF ARKANSAS INC?
The employer identification number (EIN) of CREDIT COUNSELING OF ARKANSAS INC is 71-0772094.
Is CREDIT COUNSELING OF ARKANSAS INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2023 and reinstated it effective November 15, 2023.
Are donations to CREDIT COUNSELING OF ARKANSAS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CREDIT COUNSELING OF ARKANSAS INC 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 CREDIT COUNSELING OF ARKANSAS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CREDIT COUNSELING OF ARKANSAS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CREDIT COUNSELING OF ARKANSAS INC?
The 990 for the year ended June 30, 2025 names MARY CATHERINE HARCOURT.
Who are the officers and directors of CREDIT COUNSELING OF ARKANSAS INC?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does CREDIT COUNSELING OF ARKANSAS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $617,809, expenses of $902,498 and total assets of $339,918 at year end.

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