SPRING RIVER VILLAGE INC

EIN: 710846724 501(c)(3)

Cherokee Village, AR

Total Revenue
$342,493
Total Expenses
$390,546
Total Assets
$1,170,779
Net Assets
$-505,146
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
AR
Principal Officer
GORDAN WICKSTROM
Phone
8702572000
Tax Period
2018-01-01 to 2018-12-31

SPRING RIVER VILLAGE INC, founded in 2000, is a small nonprofit that reported $342K in total revenue in fiscal year 2018. Revenue decreased 16% compared to the prior year. Expenses of $391K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO FURNISH LOW COST INDEPENDENT LIVING FACILITIES TO THE ELDERLY IN THE CHEROKEE VILLAG AND SHARP COUNTY AREA

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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 $23,187
Program Service Revenue $319,306
Investment Income $0
Other Revenue $0
TOTAL REVENUE $342,493

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,093
Fundraising Expenses $0
Program Expenses $342,493
Other Expenses $250,453
TOTAL EXPENSES $390,546

Year-over-Year Comparison

2018 2017 Change
Revenue $342,493 $407,587 -0.2%
Expenses $390,546 $422,372 -0.1%
Net Income $-48,053 $-14,785 +2.3%
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
27
Independent Members
27
Employees
30
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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GORDON WICKSTROM PRESIDENT 004.00
Officer Director
$0 $0 $0
DEB WEICHINGER TREASURER 001.00
Officer Director
$0 $0 $0
DEBBIE KALOUSEK SECRETARY 001.00
Officer Director
$0 $0 $0
GREG PRENGER VICE PRESIDENT N/A
Officer 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
2018 $342,493 $390,546 $1,170,779 $-48,053
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