El Dorado Fifty For The Future Inc
- Assets
- $142.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- El Dorado, AR
- Founding
- 06/2008
- Data as of
- 12/2018
- EIN
- 71-0860402
Organization Overview
El Dorado Fifty For The Future Inc is located in El Dorado, AR. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Dorado Fifty For The Future Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2018, El Dorado Fifty For The Future Inc generated $913.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (63.9%) each year. All expenses for the organization totaled $37.4k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
REBRANDING PLAN FOR EL DORADO IN AN EFFORT TO DEVELOP THE CITY TO BECOME AN OUTSTANDING DESTINATION TO LIVE WORK AND VISIT UTILIZING AN ADDITIONAL SALES TAX.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard B Williamson President | 0.5 | $0 | |
Claiborne Deming Vice-President | 0.5 | $0 | |
Steve Cameron Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $913 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $913 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $208 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $324 |
| Total expenses | $37,436 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,178 |
| Other assets | $0 |
| Total assets | $142,178 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,178 |