Arkansas Support Network Inc
- Assets
- $7.8m
- Revenue
- $32.7m
- Investments
- $47.9k
- Employees
- 1,154
- Location
- Springdale, AR
- Founding
- 06/1990
- Data as of
- 06/2021
- EIN
- 71-0665473
Organization Overview
Arkansas Support Network Inc is located in Springdale, AR. The organization was established in 1990. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Arkansas Support Network Inc employed 1,154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Support Network 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 06/2021, Arkansas Support Network Inc generated $32.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $29.5m during the year ending 06/2021. While expenses have increased by 4.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND ASSIST INDIVIDUALS WITH DISABILITIES TO LIVE QUALITY, MEANINGFUL LIVES IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT AND ASSIST INDIVIDUALS WITH DISABILITIES TO LIVE QUALITY, MEANINGFUL LIVES IN THEIR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Bassett Secretary | OfficerTrustee | 1 | $0 |
Lynn Donald Carver Chair | OfficerTrustee | 1 | $0 |
Holly Fields Director | Trustee | 1 | $0 |
Lucas Finch Director | Trustee | 1 | $0 |
Monique Jones Vice Chair | OfficerTrustee | 1 | $0 |
Teresa Jones Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,974,766 |
| Investment income | $7,336 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $719,948 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,715,852 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $22,985,905 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $918,463 |
| Payroll taxes | $1,768,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,824 |
| Advertising and promotion | $0 |
| Office expenses | $118,759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $598,013 |
| Travel | $195,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $103,360 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,337 |
| Insurance | $92,058 |
| All other expenses | $0 |
| Total functional expenses | $29,456,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,296,917 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,923,138 |
| 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 | $52,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $47,875 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,456,647 |
| Total assets | $7,815,906 |
| Accounts payable and accrued expenses | $2,666,015 |
| 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 | $0 |
| Other liabilities | $2,878,794 |
| Total liabilities | $5,544,809 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,271,097 |