Riceland Foods Foundation
- Assets
- $741.4k
- Revenue
- $111.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Stuttgart, AR
- Founding
- 06/1998
- Data as of
- 07/2023
- EIN
- 71-0809367
Organization Overview
Riceland Foods Foundation is located in Stuttgart, AR. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riceland Foods Foundation 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 07/2023, Riceland Foods Foundation generated $111.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $100.9k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Riceland Foods Foundation has awarded 18 individual grants totaling $134,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Hillman Director | 1 | $0 | |
Martin Henry Director | 1 | $0 | |
Shannon Davis Chairman | 1 | $0 | |
Ken Wixson Director | 1 | $0 | |
Penni Madsen Secretary | 1 | $0 | |
Janise Wilson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,000 |
| Interest on Savings | $1,265 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $111,265 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,861 |
| Contributions, gifts, grants paid | $96,993 |
| Total expenses and disbursements | $100,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,502 |
| Savings and temporary cash investments | $689,910 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $741,412 |
| Accounts payable and accrued expenses | $3,750 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,750 |
Grants Awarded
Over the last fiscal year, Riceland Foods Foundation has awarded $0 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
STUTTGART PUBLIC SCHOOLS PURPOSE: FOOTBALL FIELD | $0 |
CLARENDON HOLLY GROVE ARENA PURPOSE: FURTHER EXEMPT PURPOSE | $0 |
JACKSON COUNTY PUBLIC SCHOOLS PURPOSE: FURTHER EXEMPT PURPOSE | $0 |
WESTSIDE CONSOLIDATED SCHOOL DISTRICT PURPOSE: TRACK | $0 |