SOUTH ARKANSAS VENTURE ENTERPRISES INC (EIN 710537626) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Phone

8705361971

Tax Period

2024-01-01 to 2024-12-31

SOUTH ARKANSAS VENTURE ENTERPRISES INC, founded in 1979, is a micro nonprofit in the Community Improvement sector that reported $58K in total revenue in fiscal year 2018. Revenue decreased 9% compared to the prior year. Net assets of $1.8M represent 382 months of operating reserves.

Mission

THE RLF PROGRAM WAS CREATED TO ASSIST ELIGIBLE SMALL BUSINESSES IN ARKANSAS, ASHLEY, BRADLEY, CHICOT, CLEVELAND, DESHA, DREW, GRANT, JEFFERSON, AND LINCOLN COUNTIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $88,001

Investment Income $149

Other Revenue $0

TOTAL REVENUE $88,150

Expense Breakdown

Grants Paid $6,701

Salaries & Benefits $12,357

Fundraising Expenses $0

Program Expenses $242,333

Other Expenses $254,590

TOTAL EXPENSES $273,648

Year-over-Year Comparison

	2024	2023	Change
Revenue	$88,150	$206,930	-0.6%
Expenses	$273,648	$303,105	-0.1%
Net Income	$-185,498	$-96,175	+0.9%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$111,081

Total Directors

$111,081

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG REEP	PRESIDENT	4.0	Officer Director	$0	$0	$0
JOE FAKOURI	VICE PRESIDENT	4.0	Officer Director	$0	$0	$0
MACK BALL JR	SECRETARY	4.0	Officer Director	$0	$0	$0
PATRECIA HARGROVE	TREASURER AND Executive Director	4.0	Officer Director	$0	$0	$111,081
CODY HOLLIS	BOARD MEMBER	4.0	Director	$0	$0	$0
NEAL MAYNARD	BOARD MEMBER	4.0	Director	$0	$0	$0
PAUL CARTER	BOARD MEMBER	4.0	Director	$0	$0	$0
SAMMY OWEN	BOARD MEMBER	1.0	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
2024	$88,150	$273,648	$2,812,609	$-185,498
2023	$206,930	$303,105	$2,998,107	$-96,175
2022	$1,005,763	$207,627	$3,094,282	$798,136
2022	$1,005,763	$207,627	$3,094,282	$798,136
2021	$497,422	$17,382	$2,296,146	$480,040
2020	$175,119	$32,067	$1,816,106	$143,052
2019	$42,606	$204,623	$1,673,054	$-162,017
2018	$57,599	$59,795	$1,835,071	$-2,196

SOUTH ARKANSAS VENTURE ENTERPRISES INC