SOUTH ARKANSAS HISTORICAL PRESERVATION SOCIETY

EIN: 710487300 501(c)(3)

EL DORADO, AR

Total Revenue
$369,514
Total Expenses
$423,714
Total Assets
$8,061,746
Net Assets
$7,255,177
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
AR
Principal Officer
VINCENT DAWSON
Phone
8708629890
Tax Period
2023-01-01 to 2023-12-31

SOUTH ARKANSAS HISTORICAL PRESERVATION SOCIETY, founded in 1973, is a small nonprofit that reported $370K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $424K exceeded revenue, resulting in a 15% operating deficit.

Mission

EDUCATE THE GENERAL PUBLIC ABOUT ITEMS OF HISTORICAL SIGNIFICANCE AND PRESERVATION OF HISTORIC BUILDINGS, ARTIFACTS AND LANDMARKS IN SOUTH ARKANSAS

Program Service Accomplishments

Program 1
Expenses: $305,543 Revenue: $50,565

EDUCATION ON HISTORICALLY SIGNIFICANT BUILDINGS, ARTIFACTS, LANDMARKS AND PEOPLE IN SOUTH ARKANSAS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $37,975
Program Service Revenue $47,170
Investment Income $277,047
Other Revenue $7,322
TOTAL REVENUE $369,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,511
Fundraising Expenses $24,909
Program Expenses $305,543
Other Expenses $297,203
TOTAL EXPENSES $423,714

Year-over-Year Comparison

2023 2022 Change
Revenue $369,514 $325,570 +0.1%
Expenses $423,714 $417,946 +0.0%
Net Income $-54,200 $-92,376 -0.4%
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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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
2
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
5
$73,500
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG THOMAS SECRETARY 0.50
Officer Director
$0 $0 $0
JIM ANDREWS DIRECTOR 0.50
Director
$0 $0 $0
VINCE DAWSON PRESIDENT 0.50
Officer Director
$0 $0 $0
FERN SMITH TREASURER 2.00
Officer Director
$0 $0 $0
BRUCE BUTTERFIELD DIRECTOR 0.50
Director
$0 $0 $0
JIM BULLOCK DIRECTOR 0.50
Director
$0 $0 $0
ARGULA DAVIS DIRECTOR 0.50
Director
$0 $0 $0
ROD MILLS DIRECTOR 0.50
Director
$0 $0 $0
ADENIA ROBBINS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CINDY NIXON DIRECTOR 0.50
Director
$0 $0 $0
VICTORIA YOUNG DIRECTOR 0.50
Director
$0 $0 $0
LAQUITA RAINEY DIRECTOR 0.50
Director
$0 $0 $0
ELIZABETH YOUNG DIRECTOR 0.50
Director
$0 $0 $0
VICTORIA HOLLIS DIRECTOR 0.50
Director
$0 $0 $0
TROY NEELY DIRECTOR 0.50
Director
$0 $0 $0
STEVE BIERNACKI EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $73,500
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
2024 No data No data No data No data
2023 $369,514 $423,714 $8,061,746 $-54,200
2022 $325,570 $417,946 $7,870,943 $-92,376
2021 $312,018 $339,315 $8,606,921 $-27,297
2020 $334,319 $340,280 $7,819,844 $-5,961
2019 $280,147 $539,937 $7,795,491 $-259,790
2018 $403,532 $425,976 $7,386,278 $-22,444
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