Simmons First Foundation Inc
EIN: 464607601 · Pine Bluff, AR · NTEE: T20
Is Simmons First Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Simmons First Foundation Inc
Simmons First Foundation Inc (EIN: 464607601) is a nonprofit organization based in Pine Bluff, AR, classified under NTEE code T20. The organization reported total revenue of $2.7M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simmons First Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simmons First Foundation Inc is a mid-size nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $536K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-499,813 |
| Total Assets | $17.9M |
| Total Liabilities | $1 |
| Net Assets | $17.9M |
| Operating Margin | -93.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 207.8 months |
Financial Health Grade: B
In 2023, Simmons First Foundation Inc reported a deficit of $500K with expenses exceeding revenue, holds 207.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Simmons First Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.6% | +167.1% | +2.8% |
| 2022 | -24.4% | -74.5% | +1.8% |
| 2021 | -16.7% | +838.4% | +17.5% |
| 2020 | -13.5% | -1.5% | +36.7% |
| 2019 | +218.6% | -40.5% | +611.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Simmons First Foundation Inc 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 Simmons First Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $500K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Simmons First Foundation Inc
Is Simmons First Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Simmons First Foundation Inc (EIN: 464607601) insufficient data. 0 red flags identified, 0 strengths noted.
How does Simmons First Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Simmons First Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Simmons First Foundation Inc tax-deductible?
Simmons First Foundation Inc is registered as a tax-exempt nonprofit (EIN: 464607601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Simmons First Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Simmons First Foundation Inc's revenue has declined by 59.4%, moving from $1.3M to $536K. Total assets increased by 1096.7% over the same period, from $1.5M to $17.9M. Total functional expenses rose by 275.3%, from $276K to $1.0M. In its most recent filing year (2023), Simmons First Foundation Inc reported a deficit of $500K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $536K | $1.0M | $17.9M | $1 | — | — |
| 2022 | $2.3M | $388K | $17.4M | $1 | — | View 990 |
| 2021 | $3.0M | $1.5M | $17.1M | $1 | — | View 990 |
| 2020 | $3.6M | $162K | $14.6M | $1 | — | View 990 |
| 2019 | $4.2M | $164K | $10.7M | $1 | — | View 990 |
| 2015 | $1.3M | $276K | $1.5M | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $536K, expenses of $1.0M, and assets of $17.9M (revenue -76.6% year-over-year).
- 2022: Revenue of $2.3M, expenses of $388K, and assets of $17.4M (revenue -24.4% year-over-year).
- 2021: Revenue of $3.0M, expenses of $1.5M, and assets of $17.1M (revenue -16.7% year-over-year).
- 2020: Revenue of $3.6M, expenses of $162K, and assets of $14.6M (revenue -13.5% year-over-year).
- 2019: Revenue of $4.2M, expenses of $164K, and assets of $10.7M (revenue +218.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $276K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Simmons First Foundation Inc:
Data Sources and Methodology
This transparency report for Simmons First Foundation Inc 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.