Hot Springs Fifty For The Future is located in Hot Springs, AR. The organization was established in 1989. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hot Springs Fifty For The Future is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Hot Springs Fifty For The Future generated $12.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $14.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
COMMUNITY DEVELOPMENT AND SUPPORT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Franklin Bass Vice Preside | 0 | $0 | |
Clay Farrar Secretary | 0 | $0 | |
Diane Lafollette President | 0 | $0 | |
Mary Currey Director | 0 | $0 | |
Steve Trusty Past Preside | 0 | $0 | |
Mark Fleischner Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $12,375 |
Investment income | $43 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $12,418 |
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 | $3,734 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,819 |
Other expenses | $7,514 |
Total expenses | $14,067 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,860 |
Other assets | $0 |
Total assets | $43,860 |
Total liabilities | $0 |
Net assets or fund balances | $43,860 |
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