2025-03-28T15:59:57-05:00 2024-06-30 710825859 EMRICH & SCROGGINS LLP CPA'S 920 NORTH JEFFERSON EL DORADO AR 717304621 990 2023-07-01 710582373 SOUTH ARKANSAS COLLEGE FOUNDATION INC SOUT 8708628131 300 SOUTH WEST AVENUE EL DORADO AR 71730 RODNEY LANDES JR TREASURER 8708149575 2025-03-26 1 0 STACY D SCROGGINS CPA P00773646 8708626510 X 2023 2025-03-06 01:10:19Z RODNEY LANDES JR 1910 W OAK EL DORADO AR 71730 1515129 0 X SOUTHARK.EDU X 1996 AR THE SOUTH ARKANSAS COLLEGE FOUNDATION EXISTS TO BUILD LEADERSHIP, SCHOLARSHIP AND PARTNERSHIPS BY INCREASING DONOR SUPPORT, REWARDING EXCELLENCE, AND ELEVATING THE STATURE AND IMPORTANCE OF THE SOUTH ARKANSAS COLLEGE LOCALLY, REGIONALLY, AND NATIONALLY. 14 14 0 0 0 0 390351 491376 0 0 235394 217030 47032 65275 672777 773681 347223 282822 0 0 0 0 0 0 0 88200 103405 435423 386227 237354 387454 3828778 4363175 44325 31663 3784453 4331512 TO AID, STRENGTHEN, AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SERVICES OF SOUTH ARKANSAS COLLEGE, AND TO PROVIDE BROADER EDUCATIONAL OPPORTUNITIES TO ITS STUDENTS, STAFF, FACULTY, AND TO THE RESIDENTS OF UNION COUNTY. 0 0 282822 282822 FURTHER LITERARY, SCIENTIFIC, AND EDUCATIONAL PURPOSES OF SOUTH ARKANSAS COLLEGE. ALSO, TO PROVIDE SCHOLARSHIPS TO NUMEROUS COLLEGE STUDENTS & PASS THROUGH CONTRIBUTIONS TO THE COLLEGE. 282822 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AR X RODNEY LANDES JR TREASURER 8708624959 1910 WEST OAK EL DORADO AR 71730 X GREG WITHROW PRESIDENT 0.50 X X 0 0 0 ROBERT L ROBINSON IV VICE PRESIDENT 0.50 X X 0 0 0 RODNEY LANDES JR TREASURER 0.50 X X 0 0 0 LAURA ROGERS SECRETARY 0.50 X X 0 0 0 ANNE CAUTHRON MEMBER 0.50 X 0 0 0 CHRISTY GUNTER MEMBER 0.50 X 0 0 0 KRISTY LOWERY MEMBER 0.50 X 0 0 0 DAVID SKINNER MEMBER 0.50 X 0 0 0 GREG THOMAS MEMBER 0.50 X 0 0 0 JIM TIDWELL MEMBER 0.50 X 0 0 0 ELIZABETH VAUGHAN MEMBER 0.50 X 0 0 0 GREG WILLIAMS MEMBER 0.50 X 0 0 0 WYATT WINKENWERDER MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 491376 491376 143932 143932 746095 672997 73098 73098 73098 133713 68451 65262 65262 OTHER INCOME 900099 13 13 13 773681 13 0 282292 X 191116 191116 91706 91706 4067 4067 13750 13750 80544 80544 4970 4970 74 74 386227 282822 103405 0 45542 48457 3000 11763 9047 6490 6490 0 0 3768473 4305671 3828778 4363175 688 44325 30975 44325 31663 X 2802669 3744645 981784 586867 3784453 4331512 3828778 4363175 387454 159605 0 X X 0 1 X 1 0 X X 1 SOUTH ARKANSAS COMMUNITY COLLEGE 710718948 2 1 282822 0 1 282822 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SECTION E, LINE 2A ALL OF THE RESOURCES OF THE FOUNDATION DIRECTLY IMPACT THE COLLEGE, EITHER BY PROVIDING SCHOLARSHIPS OR VARIOUS GRANTS. SECTION 3, LINE 2B THE FOUNDATION PROVIDES FUNDS FOR THE STUDENTS AND STAFF OF THE COLLEGE. IF THE FOUNDATION WERE NOT IN PLACE, THE COLLEGE WOULD HAVE TO FIND OTHER RESOURCES FOR THE STUDENTS AND THE STUDENT CLUBS/ASSOCIATIONS. SECTION D, LINE 3 CERTAIN OFFICERS AND STAFF MEMBERS OF THE COLLEGE ATTEND THE BOARD MEETINGS OF THE FOUNDATION. THEY ARE NOT VOTING MEMBERS BUT THEY ARE KEPT APPRISED OF THE FOUNDATION ACTIVITIES AND THEY DO HAVE A VOICE IN FOUNDATION MATTERS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 2787321 222681 259377 78481 27108 3163790 2551694 157184 162749 59360 24946 2787321 2794908 68152 -257154 30101 24111 2551694 2221319 151441 484937 41023 21766 2794908 2257251 33017 -5409 44202 19538 2221119 0 0 6490 6490 0 0 REFUNDABLE ADVANCES 30975 30975 X 980343 159605 159605 820738 21394 -68451 -47057 773681 433284 0 433284 21394 -68451 -47057 386227 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. FOR THE YEAR ENDED JUNE 30, 2024, THE ORGANIZATION HAS DETERMINED THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). THE ORGANIZATION FOLLOWS THE GUIDANCE OF FASB ASC 740 - ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS OF JUNE 30, 2024, MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GENERAL FUNDRAISING PART XII, LINE 4B - OTHER ADJUSTMENTS: GENERAL FUNDRAISING SCH D, PAGE 4, PART XII LINE 4B, FUNDRAISING EXPENSES NETTED TO REVENUE $68,451. SCH D, PAGE 4, PART XIII LINE 4B, FUNDRAISING EXPENSES NETTED TO REVENUE $68,451. OUTDOOR EXPO 133713 133713 68451 EVENING WITH THE STARS 133713 133713 68451 68451 65262 1 SOUTH ARKANSAS COLLEGE - VARIOUS PROJECTS 300 SOUTH WEST AVENUE EL DORADO AR 71730 710718948 191116 0 FURTHER THE EDUCATIONAL, LITERARY, AND SCIENTIFIC WORK AND SERVICES OF SOUTH ARKANSAS COMMUNITY COLLEGE. SCHOLARSHIPS 91706 PART I, LINE 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS FOR THE STUDENTS OF SOUTH ARKANSAS COLLEGE AND GRANTS TO THE COLLEGE FOR ITS EDUCATIONAL NEEDS. THERE ARE NUMBEROUS SCHOLARSHIP FUNDS THAT HAVE WRITTEN ELIGIBILITY CRITERIA. THE COLLEGE HAS ESTABLISHED A SCHOLARSHIP COMMITTEE THAT REVIEWS THE INDIVIDUAL'S APPLICATIONS AND THEN AWARDS THE SCHOLARSHIPS BASED ON THE STUDENTS MEETING THE NECESSARY CRITERIA FOR EACH SCOLARSHIP FUND. THE COLLEGE PROVIDES THE NECESSARY INFORMATION FOR SCHOLARSHIP RECIPIENTS REGARDING THE CONTINUATION OF ELIGIBILITY. THE FOUNDATION OFFICE WORKS CLOSELY WITH THE FINANCIAL AID AND SCHOLARSHIP COMMITTEES TO KEEP TRACK OF THE STATUS OF SCHOLARSHIP AWARDS. PART 11, LINE 1, COLUMN H: NAME OF ORGANIZATION: SOUTH ARKANSAS COLLEGE - VARIOUS PROJECTS PURPOSE OF GRANT OR ASSISTANCE: FURTHER THE EDUCATION, LITERARY, AND SCIENTIFIC WORK AND SERVICES OF SOUTH ARKANSAS COLLEGE. X 692 201955 SELLING PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FINANCE COMMITTEE HAS THE AUTHORITY TO ACCEPT THE 990 AND THE AUDITED FINANCIAL STATEMENTS. THE COMMITTEE RECEIVES THE 990 TO REVIEW PRIOR TO THEIR MEETING. AT THE MEETING THEY ARE AFFORDED A QUESTION/ANSWER TIME WITH THE PREPARER BEFORE THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS PROVIDED THE CONFLICT OF INTEREST POLICY THAT GIVES THE MEMBER A GUIDELINE AND EXAMPLES OF POTENTIAL CONFLICTS AND THE PROCEDURES NECESSARY TO DISCLOSE THE CONFLICTS TO THE ORGANIZATION. THEY ARE REQUIRED TO SIGN THE POLICY AS TO HAVING BOTH READ AND UNDERSTOOD THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY AND THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE KEPT AT THE FOUNDATION'S OFFICE. FORM 990, PART IX, LINE 11G INVESTMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,394. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,394. SOFTWARE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,077. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,077. PUBIC RELATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,650. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,650. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14,470. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,470. MEMBERSHIPS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,741. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,741. MEALS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,837. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,837. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14,375. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,375. FORM 990 PART XII LINE 2C EXPLANATION NO CHANGE FOM PRIOR YEAR. SOUTH ARKANSAS COLLEGE 300 SOUTH WEST AVENUE EL DORADO AR 71730 710718948 COLLEGE AR 170 (B)(1)(A) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 SOUTH ARKANSAS COLLEGE B 262251 SUMMING OF CHECKS WRITTEN SOUTH ARKANSAS COLLEGE O 4067 SUMMING OF CHECKS WRITTEN SOUTH ARKANSAS COLLEGE P 13006 SUMMING OF CHECKS WRITTEN