Northcentral Arkansas Development Council Inc 9th & Oak Sts
- Assets
- $5.5m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 124
- Location
- Batesville, AR
- Founding
- 12/1966
- Data as of
- 02/2024
- EIN
- 71-0385980
Organization Overview
Northcentral Arkansas Development Council Inc 9th & Oak Sts is located in Batesville, AR. The organization was established in 1966. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 02/2024, Northcentral Arkansas Development Council Inc 9th & Oak Sts employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northcentral Arkansas Development Council Inc 9th & Oak Sts 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 02/2024, Northcentral Arkansas Development Council Inc 9th & Oak Sts generated $7.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $7.0m during the year ending 02/2024. While expenses have increased by 3.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION WAS ESTABLISHED FOR CHARITABLE AND EDUCATIONAL PURPOSES FOR THE ECONOMICALLY DISADVANTAGED IN THE NORTH CENTRAL ARKANSAS AREA REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NADC OPERATES AN EARLY EDUCATION PROGRAM USING VARIOUS HEAD START APPROVED CURRICULUM FOR CHILDREN FROM 6 WEEKS TO 5 YEARS OF AGE, USUALLY THOSE IN LOWER-INCOME FAMILIES AND SOME WITH DISABILITIES. THESE PROGRAMS HELP CHILDREN ADAPT TO A CLASSROOM ENVIRONMENT, LEARN SOCIAL SKILLS, AND PREPARE THEM FOR ENTRY INTO LOCAL PUBLIC SCHOOL KINDERGARTEN PROGRAMS.
PROGRAMS TO ALLEVIATE SUFFERING AS A RESULT OF THE PANDEMIC INCLUDE DIRECT ASSISTANCE TO LOWER-INCOME INDIVIDUALS, INCLUDING CASH OR OTHER ASSISTANCE FOR ENERGY BILLS, FOOD, CLOTHING, HOUSEHOLD NECESSITIES, AND SANITATION ITEMS.
THIS PROGRAM ASSISTS LOW-INCOME HOUSEHOLDS WITH THEIR HOME ENERGY BILLS, SUCH AS HEATING, COOLING WITH DIRECT PAYMENTS TO THEIR UTILITY PROVIDER. IN MANY CASES THESE HOUSEHOLDS ARE AT RISK OF THEIR UTILITIES BEING SHUT OFF WITHOUT THIS ASSISTANCE.
THESE SERVICES INCLUDE EMERGENCY ASSISTANCE SUCH AS FOOD, VEHICLE FUEL, PRESCRIPTION MEDICATIONS, RENTAL ASSISTANCE, AND SIMILAR FOR LOW-INCOME PERSONS. THIS INCLUDES CASE MANAGEMENT AND OUTREACH ASSISTANCE FOR THOSE WHO NEED ASSISTANCE WITH TRANSITION OUT OF POVERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Smith Chairman | OfficerTrustee | 0.5 | $0 |
Ben Baxter Vice-Chairman | OfficerTrustee | 0.5 | $0 |
Mindy Shaw Secretary | OfficerTrustee | 0.5 | $0 |
Barry Abney Director | Trustee | 0.5 | $0 |
Jonas Anderson Director | Trustee | 0.5 | $0 |
Michelle Atchison Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ck Contracting Solutions Roof Repairs | 2/28/24 | $127,155 |
Npo Builders Llc Cfo Services | 2/28/24 | $143,292 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,913,853 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,012 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,915,865 |
| Total Program Service Revenue | $4,400 |
| Investment income | $81,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,275 |
| Net Gain/Loss on Asset Sales | $39,320 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,108,091 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,424,671 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,098 |
| Compensation of current officers, directors, key employees. | $101,098 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,474,244 |
| Pension plan accruals and contributions | $150,857 |
| Other employee benefits | $283,337 |
| Payroll taxes | $241,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,520 |
| Fees for services: Accounting | $50,221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $247,331 |
| Advertising and promotion | $7,607 |
| Office expenses | $18,998 |
| Information technology | $90,179 |
| Royalties | $0 |
| Occupancy | $305,015 |
| Travel | $44,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $176,018 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $198,706 |
| Insurance | $20,434 |
| All other expenses | $47,426 |
| Total functional expenses | $6,965,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $635,179 |
| Savings and temporary cash investments | $1,005,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $690,196 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $258,248 |
| Net Land, buildings, and equipment | $2,756,110 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $110,885 |
| Total assets | $5,455,618 |
| Accounts payable and accrued expenses | $331,398 |
| Grants payable | $0 |
| Deferred revenue | $886,756 |
| 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 | $110,583 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,328,737 |
| Net assets without donor restrictions | $4,126,881 |
| 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 | $5,455,618 |