C B King Memorial School Inc
- Assets
- $4.1m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 152
- Location
- Mcgehee, AR
- Founding
- 11/1977
- Data as of
- 06/2024
- EIN
- 71-0475448
Organization Overview
C B King Memorial School Inc is located in Mcgehee, AR. The organization was established in 1977. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2024, C B King Memorial School Inc employed 152 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C B King Memorial School 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 06/2024, C B King Memorial School Inc generated $7.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $8.2m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADULT AND PRESCHOOL SERVICES TO DEVELOPMENTALLY DISABLED PEOPLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
COST ASSOCIATED WITH PROVIDING SERVICES TO ADULT AND PRESCHOOL DEVELOPMENTALLY DISABLED
COST OF PROVIDING CHILDCARE SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore Brown Member | Trustee | $0 | |
Ricky Lattimore Member | Trustee | $0 | |
Ned Mcaffrey Member | Trustee | $0 | |
Molly Bratton Sec/treasr | Officer | $0 | |
Katie Daniels Vice Pres | Officer | $0 | |
Rita Kolb President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $290,761 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,761 |
| Total Program Service Revenue | $7,277,289 |
| Investment income | $25,668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,250 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,594,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $4,101,697 |
| Pension plan accruals and contributions | $87,901 |
| Other employee benefits | $0 |
| Payroll taxes | $704,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $96,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,096,706 |
| Advertising and promotion | $0 |
| Office expenses | $231,733 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $274,173 |
| Travel | $27,219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,178 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $418,444 |
| Insurance | $105,694 |
| All other expenses | $0 |
| Total functional expenses | $8,160,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,525,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $309,510 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,275,710 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,110,716 |
| Accounts payable and accrued expenses | $355,808 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $341,341 |
| Other liabilities | $0 |
| Total liabilities | $697,149 |
| Net assets without donor restrictions | $3,413,567 |
| 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 | $4,110,716 |