Nonprofit · EIN 88-3938322
OPPORTUNITY ARKANSAS FOUNDATION
Tax-exempt · CONWAY, AR 72033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $622,859 | $828,425 | -$205,566 | $177,891 | $36,364 | $141,527 |
| December 31, 2023 | 990 | $841,631 | $514,017 | $327,614 | $347,081 | $142 | $346,939 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $617,894
- Program service revenue
- $3,100
- Investment income
- $345
- Other revenue
- $1,520
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $208,758
- Other salaries and wages
- $52,014
- Salaries, compensation and benefits (total)
- $326,623
- Professional fundraising fees
- $0
- Legal fees
- $13,838
- Accounting fees
- $24,486
- Occupancy
- $18,973
- Travel
- $34,346
- Depreciation
- $325
- Program services (functional)
- $559,616
- Management and general (functional)
- $128,308
- Fundraising (functional)
- $140,501
Balance sheet and other
- Total assets, start of year
- $347,081
- Total assets, end of year
- $177,891
- Total liabilities, end of year
- $36,364
- Net assets, end of year
- $141,527
- Land, buildings and equipment
- $1,627
- Net assets without donor restrictions
- $141,527
- Gross unrelated business income
- $1,520
- Gross receipts
- $622,859
- Employees
- 3
- Year formed
- 2022
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLAS H HORTON | DIRECTOR Trustee or director, Officer | 40 | $208,758 | $2,245 |
| BETTY J STRONG | DIRECTOR Trustee or director, Officer | 0.25 | $0 | $0 |
| DAVID FORT | DIRECTOR Trustee or director, Officer | 0.25 | $0 | $0 |
| JOSEPH WOOD | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| NICHOLAS H HORTON | CEO Trustee or director, Officer, Highest-paid employee | 40 | $212,942 | $8,000 |
| LEAH BULL | OPERATIONS DIRECTOR Key employee | 25 | $21,850 | $0 |
| DAVID FORT | BOARD OF TRUSTEES Trustee or director | 0.25 | $0 | $0 |
| JOSEPH WOOD | BOARD OF TRUSTEES Trustee or director | 0.25 | $0 | $0 |
| CHRISTIAN OLSON | CHAIRMAN OF THE BOARD Trustee or director | 0.25 | $0 | $0 |
| BETTY J STRONG | BOARD OF TRUSTEES Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2104, CONWAY, AR 72033-2104
- In care of
- % NICHOLAS HORTON
- Mailing address (990-N for 2022)
- PO BOX 1964, CONWAY AR 72033
- Principal officer (990 for 2024)
- NICHOLAS H HORTON CEO, PO BOX 2104, CONWAY, AR 72033
- Principal officer (990-N for 2022)
- NICHOLAS HORTON, PO BOX 1964, CONWAY AR 72033
- Signed the 990
- NICHOLAS HORTON, CEO
- Website
- WWW.OPPORTUNITYARKANSAS.ORG
- Return prepared by
- HARWOOD OTT FISHER PA
Mission
RENEWING THE LAND OF OPPORTUNITY BY SIMPLIFYING GOVERNMENT AND SOLVING GENERATIONAL PROBLEMS FOR THE NEXT GENERATION.
Program accomplishments
- ACTIVITIES AND PROGRAMS FOCUSED ON RESEARCH IN ORDER TO EDUCATE THE PUBLIC CONCERNING PUBLIC POLICY ISSUES IN ARKANSAS THAT RELATE TO OUR MISSION OF SIMPLIFYNG GOVERNMENT AND SOLVING GENERATIONAL PROBLEMS.Expenses $559,616 · revenue $3,100
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
- 88-3938322
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $177,891
- Income (IRS master file)
- $622,859
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $622,859 | $828,425 | $177,891 | XML |
| 990 | December 2023 | $841,631 | $514,017 | $347,081 | XML |
| 990-N for 2022 Officer: NICHOLAS HORTON | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 88-3938322).
Questions about OPPORTUNITY ARKANSAS FOUNDATION
- What is the EIN of OPPORTUNITY ARKANSAS FOUNDATION?
- The employer identification number (EIN) of OPPORTUNITY ARKANSAS FOUNDATION is 88-3938322.
- Is OPPORTUNITY ARKANSAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to OPPORTUNITY ARKANSAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OPPORTUNITY ARKANSAS FOUNDATION 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 OPPORTUNITY ARKANSAS FOUNDATION 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 OPPORTUNITY ARKANSAS FOUNDATION 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 OPPORTUNITY ARKANSAS FOUNDATION?
- The 990 for the year ended December 31, 2024 names NICHOLAS H HORTON CEO.
- Who are the officers and directors of OPPORTUNITY ARKANSAS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $208,758 (NICHOLAS H HORTON, DIRECTOR).
- How much revenue does OPPORTUNITY ARKANSAS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $622,859, expenses of $828,425 and total assets of $177,891 at year end.
Other nonprofits in CONWAY
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- ADCOCK FAMILY FOUNDATION EIN 46-4023511 · last filed 990-PF for 2025
- ARKANSAS INTERNATIONAL MISSIONFOUNDATION INC EIN 20-4871806 · last filed 990 for 2025
- ROBERT L & MARY MARGARET TAYLOR FOUNDATION EIN 71-0839501 · last filed 990-PF for 2025
- KIWANIS CLUB OF CONWAY ARKANSAS EIN 51-0224599 · last filed 990-EZ for 2025
- CONWAY FOUNDATION INC EIN 27-0332730 · last filed 990 for 2025
- GARCIA FAMILY FOUNDATION INC EIN 93-2554886 · last filed 990-PF for 2025
- THE WORKING GRIP FOUNDATION EIN 39-4283096 · last filed 990-N for 2025
All nonprofits in CONWAY · Arkansas · Philanthropy, voluntarism and grantmaking foundations