FORT DEPOSIT ARTS COUNCIL INC

EIN: 630827899 501(c)(3)

FORT DEPOSIT, AL

Total Revenue
$43,335
Total Expenses
$52,885
Total Assets
$139,173
Net Assets
$134,045
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
AL
Principal Officer
ERIC ELLIS
Phone
3342274242
Tax Period
2018-09-01 to 2019-08-31

FORT DEPOSIT ARTS COUNCIL INC, founded in 1984, is a micro nonprofit that reported $43K in total revenue in fiscal year 2017. Revenue fell 24% from the prior year — a significant decline worth monitoring. Net assets of $144K represent 40 months of operating reserves.

Mission

THE ARTS COUNCIL HOLDS AN ANNUAL ARTS AND CRAFTS SHOW AND OTHER CULTURAL EVENTS WHICH BENEFIT AREA POPULATIONS.

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Trantor Score

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $8,450
Program Service Revenue $34,861
Investment Income $24
Other Revenue $0
TOTAL REVENUE $43,335

Expense Breakdown

Grants Paid $5,860
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,885
Other Expenses $47,025
TOTAL EXPENSES $52,885

Year-over-Year Comparison

2018 2017 Change
Revenue $43,335 $43,055 +0.0%
Expenses $52,885 $46,109 +0.1%
Net Income $-9,550 $-3,054 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
25
Independent Members
25
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILLIP ADAMS MEMBER 2.00
Director
$0 $0 $0
JAMES CHAMBLISS MEMBER 2.00
Director
$0 $0 $0
BLAKE CONWAY MEMBER 2.00
Director
$0 $0 $0
CHRIS EDGAR MEMBER 2.00
Director
$0 $0 $0
STEVE FOSTER MEMBER 2.00
Director
$0 $0 $0
REN HEARTSILL MEMBER 2.00
Director
$0 $0 $0
MARY HUFF MEMBER 2.00
Director
$0 $0 $0
KATHY LANGLEY MEMBER 2.00
Director
$0 $0 $0
VIRGINIA LEWIS MEMBER 2.00
Director
$0 $0 $0
KIM VICKERY MEMBER 2.00
Director
$0 $0 $0
JODIE MARTIN MEMBER 2.00
Director
$0 $0 $0
BOBBY SMITH MEMBER 2.00
Director
$0 $0 $0
RICHARD BONHAM MEMBER 2.00
Director
$0 $0 $0
MAX CONWAY MEMBER 2.00
Director
$0 $0 $0
TRAV FOSTER MEMBER 2.00
Director
$0 $0 $0
KATYE GIDDENS MEMBER 2.00
Director
$0 $0 $0
ANNA MYRICK MEMBER 2.00
Director
$0 $0 $0
ROBERT MYRICK MEMBER 2.00
Director
$0 $0 $0
LANA POUNCEY MEMBER 2.00
Director
$0 $0 $0
CALEB THROWER MEMBER 2.00
Director
$0 $0 $0
HANNA THROWER MEMBER 2.00
Director
$0 $0 $0
FREIDA CROSS PRESIDENT 5.00
Officer
$0 $0 $0
JANET HEARTSILL 1ST VICE-PRESIDENT 2.00
Officer
$0 $0 $0
ERIC ELLIS TREASURER 2.00
Officer
$0 $0 $0
PAM BARGANIER SECRETARY 2.00
Officer
$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
2019 $43,335 $52,885 $139,173 $-9,550
2018 $43,055 $46,109 $144,486 $-3,054
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