Toad Suck Daze Inc
- Assets
- $745.3k
- Revenue
- $217.9k
- Investments
- $582.8k
- Employees
- 0
- Location
- Conway, AR
- Founding
- 09/2014
- Data as of
- 12/2020
- EIN
- 46-4378633
Organization Overview
Toad Suck Daze Inc is located in Conway, AR. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toad Suck Daze Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Toad Suck Daze Inc generated $217.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $290.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EDUATION INITIATIVES AND SCHOLARSHIPS THROUGH THE PROCEEDS OF AN ANNUAL FESTIVAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1981, THE TOAD SUCK DAZE, FAMILY-ORIENTED FESTIVAL HAS BEEN HELD ON THE FIRST WEEKEND IN MAY. THIS FREE-ADMISSION FESTIVAL HELD ON THE STREETS OF DOWNTOWN CONWAY, ARKANSAS HAS SOMETHING FOR THE ENTIRE FAMILY: ARTS & CRAFTS, 'TOADAL KIDS ZONE', A CARNIVAL, LOCAL AND NATIONAL ENTERTAINMENT, FOOD, PETTING ZOO, AND SO MUCH MORE! TOAD SUCK DAZE IS ALSO HOME TO 'THE WORLD CHAMPIONSHIP TOAD RACES'. THE FESTIVAL IS RUN ALMOST EXCLUSIVELY BY VOLUNTEERS FROM CONWAY AND FAULKNER COUNTY, INCLUDING THE LOCAL POLICE AND FIRE DEPARTMENTS. PROCEEDS OF TOAD SUCK DAZE HAVE HELPED TO RAISED MORE THAN $1.8 MILLION IN ENDOWED OR DIRECTLY AWARDED SCHOLARSHIPS. MORE THAN 220 FAULKNER COUNTY STUDENTS HAVE RECEIVED TOAD SUCK DAZE SCHOLARSHIPS. SINCE 2012, TOAD SUCK DAZE HAS AWARDED MORE THAN $100,000 TO LOCAL EARLY CHILDHOOD EDUCATION INITIATIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Culpepper Past Chair | OfficerTrustee | 5 | $0 |
Pete Tanguay Vice-Chairman | OfficerTrustee | 5 | $0 |
Cate Mcconnell Treasurer | OfficerTrustee | 5 | $0 |
Brad Lacy Secretary | OfficerTrustee | 5 | $0 |
Patti Stobaugh Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $148,785 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,785 |
| Total Program Service Revenue | $74,133 |
| Investment income | -$6,598 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $217,903 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $110,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,788 |
| Advertising and promotion | $3,549 |
| Office expenses | $311 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,671 |
| Insurance | $18,531 |
| All other expenses | $0 |
| Total functional expenses | $290,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,440 |
| Savings and temporary cash investments | $41,627 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,359 |
| Prepaid expenses and deferred charges | $727 |
| Net Land, buildings, and equipment | $8,355 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $582,775 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $745,283 |
| Accounts payable and accrued expenses | $21,164 |
| Grants payable | $0 |
| Deferred revenue | $39,350 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $60,514 |
| Net assets without donor restrictions | $684,769 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $745,283 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Toad Suck Daze Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Conway Regional Medical Center Inc Conway, AR PURPOSE: SPONSORSHIP | $7,500 |
Endowment Analysis
| Beg. Balance | $461,922 |
| Earnings | $40,381 |
| Admin Expense | $8,632 |
| Grants | $17,750 |
| Ending Balance | $475,921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |