ARKOMA BASIN OILFIELD FISHING TOURNAMENT INC

EIN: 201951711 501(c)(3)

HUNTINGTON, AR

Total Revenue
$6,569
Total Expenses
$77,098
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
AR
Principal Officer
CATHY OHL
Phone
4796466663
Tax Period
2020-01-01 to 2020-12-31

ARKOMA BASIN OILFIELD FISHING TOURNAMENT INC, founded in 2007, is a micro nonprofit that reported $26K in total revenue in fiscal year 2019. Revenue decreased 13% compared to the prior year. Expenses of $32K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO MAKE DONATIONS TO "MAKE A WISH FOUNDATION" THROUGH A FISHING TOURNAMENT THAT RAISES MONEY FOR "MAKE A WISH FOUNDATION"

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $6,569
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,569

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,098
Other Expenses $77,098
TOTAL EXPENSES $77,098

Year-over-Year Comparison

2020 2019 Change
Revenue $6,569 $26,307 -0.8%
Expenses $77,098 $31,568 +1.4%
Net Income $-70,529 $-5,261 +12.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
28

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL WHITE DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $6,569 $77,098 No data $-70,529
2019 $26,307 $31,568 $70,529 $-5,261
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