Qsource Of Arkansas
EIN: 300483487 · Little Rock, AR · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $779K |
| Net Assets | $1.6M |
Is Qsource Of Arkansas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Qsource Of Arkansas
Qsource Of Arkansas (EIN: 300483487) is a nonprofit organization based in Little Rock, AR, classified under NTEE code S40. The organization reported total revenue of $1.4M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Qsource Of Arkansas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Qsource Of Arkansas is a mid-size nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -12.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $841K |
| Total Expenses | $779K |
| Surplus / Deficit | +$62K |
| Total Assets | $1.7M |
| Total Liabilities | $67K |
| Net Assets | $1.6M |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2020, Qsource Of Arkansas reported a surplus of $62K with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2020), Qsource Of Arkansas's revenue has declined at a compound annual growth rate (CAGR) of -12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +5.8% | -0.9% | +5.7% |
| 2019 | -0.1% | +8.2% | +4.2% |
| 2018 | -7.3% | +2.6% | +8.0% |
| 2017 | +36.0% | +12.9% | +10.7% |
| 2016 | -73.8% | -71.3% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Qsource Of Arkansas has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Qsource Of Arkansas with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.0%.
Frequently Asked Questions about Qsource Of Arkansas
Is Qsource Of Arkansas a legitimate charity?
Based on AI analysis of IRS 990 filings, Qsource Of Arkansas (EIN: 300483487) insufficient data. 0 red flags identified, 0 strengths noted.
How does Qsource Of Arkansas spend its money?
Detailed spending breakdown data is not yet available for Qsource Of Arkansas. Check back for updated IRS 990 analysis.
Are donations to Qsource Of Arkansas tax-deductible?
Qsource Of Arkansas is registered as a tax-exempt nonprofit (EIN: 300483487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Qsource Of Arkansas located?
Qsource Of Arkansas is headquartered in Little Rock, Arkansas and files with the IRS under EIN 300483487. It is classified under NTEE code S40.
How many years of IRS 990 filings does Qsource Of Arkansas have?
Qsource Of Arkansas has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Filing History
IRS 990 filing history for Qsource Of Arkansas showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Qsource Of Arkansas's revenue has declined by 65%, moving from $2.4M to $841K. Total assets increased by 209.3% over the same period, from $547K to $1.7M. Total functional expenses fell by 64.8%, from $2.2M to $779K. In its most recent filing year (2020), Qsource Of Arkansas reported a surplus of $62K, with revenue exceeding expenses. The organization holds $67K in liabilities against $1.7M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $841K | $779K | $1.7M | $67K | — | — |
| 2019 | $795K | $787K | $1.6M | $79K | — | View 990 |
| 2018 | $795K | $727K | $1.5M | $61K | — | View 990 |
| 2017 | $858K | $709K | $1.4M | $55K | — | View 990 |
| 2016 | $631K | $628K | $1.3M | $38K | — | View 990 |
| 2015 | $2.4M | $2.2M | $1.3M | $102K | — | View 990 |
| 2014 | $2.9M | $2.6M | $1.2M | $239K | — | — |
| 2013 | $2.6M | $2.3M | $949K | $278K | — | View 990 |
| 2012 | $2.4M | $2.2M | $547K | $153K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $841K, expenses of $779K, and assets of $1.7M (revenue +5.8% year-over-year).
- 2019: Revenue of $795K, expenses of $787K, and assets of $1.6M (revenue -0.1% year-over-year).
- 2018: Revenue of $795K, expenses of $727K, and assets of $1.5M (revenue -7.3% year-over-year).
- 2017: Revenue of $858K, expenses of $709K, and assets of $1.4M (revenue +36.0% year-over-year).
- 2016: Revenue of $631K, expenses of $628K, and assets of $1.3M (revenue -73.8% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $1.3M (revenue -16.8% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.6M, and assets of $1.2M (revenue +13.2% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.3M, and assets of $949K (revenue +6.3% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.2M, and assets of $547K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Qsource Of Arkansas:
Data Sources and Methodology
This transparency report for Qsource Of Arkansas is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.