Chile Pepper INC

Claim it free, then get the verified mark Claim this org →
EIN 20-2369236 Public charity (501(c)(3)) Fayetteville, AR NTEE N126
Form 990 (PDF)

Is this your organization? Claim it free

Revenue & expenses by yearFY2020–FY2025
Revenue
$261K
FY2025▲ +2%
Expenses
$255K
FY2025▲ +4%

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Supports high school track, field, and cross country teams in Benton and Washington Counties, Arkansas. For fiscal year 2025 it reported $261K in revenue, $255K in expenses, and $200K in net assets.Pt I

Founded
2005
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Fayetteville, AR
Website
www.chilepperfestival.org
Filings
6 on file (2020–2025)
Revenue
$261KFY2025
Expenses
$255K
Net assets
$200K
People
12
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Compare with another nonprofit →
Provided by the organization

This section is blank until Chile Pepper INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports high school track, field, and cross country teams in Benton and Washington Counties, Arkansas.
Leadership
Matthew Downs · Executive Director · $26K
Money in and out
$261K revenue, $255K expenses
Bottom line
99% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Yes — filed FY2025

Most recent Form 990 on file is for fiscal year 2025 (1 year ago). See detail →

Is it receiving grants from reputable foundations?

NEUTRAL

No foundation grants on file

No Schedule I/Schedule R grants from other foundations are on file for this EIN. See detail →

How is the money spent?

GOOD

99% to programs

99% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +2% vs prior year

Revenue band $100K–1M, +2% versus the prior filing year (up). See detail →

Where the money goes · FY2025
Total revenue
$261K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$200K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
7.3mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -39% vs prior filing year

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Chile Pepper INC →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$200K
FY2025▲ +4%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$200K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CChile Pepper INC
EINHdr · item D20-2369236
Principal addressHdr · item CFayetteville, AR
WebsiteHdr · item Jwww.chilepperfestival.org
Year of formationHdr · item L2005
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N126)
Ruling yearIRS BMFJun 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$26,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Matthew Downs’s $26K as Executive Director is at the 42nd percentile of top reported officer pay among 1016 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2022
Matthew Downs$26,000$20,000—
Ken Robertson——$20,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Chile Pepper INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $253K of program spending, described in the organization's own filed words · FY2025.
01

The chile pepper festival generated enough revenues to donated to high school cross country programs in northwest arkansas. The amount given to each school varied based on school size and number of volunteers provided by each school.

$253Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$217K · 83%
Contributions & grants$42K · 16%
Investment income$2K · 1%
Program service revenue83%$217K
Contributions & grants16%$42K
Investment income1%$2K
Total revenueLn 12$261K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$253K
Management & general1%$1K
Total functional expensesLn 25$255K

Balance Sheet

Part X · end of year
CashLn 1$156K
Total assetsLn 16$200K
Total liabilitiesLn 26$0
Total net assetsLn 32$200K
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $156K · Operating expenses/yr $255K
7.3 months
Where the money goes
Program services
Program services $253K · Total expenses $255K
99%
Management & General
Management & general $1K · Total expenses $255K
0.6%
Fundraising
Fundraising $0 · Total expenses $255K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $42K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $42K · Total revenue $261K
16%
Government reliance
Government grants — · Total revenue $261K
—
Earned-income share
Program service revenue $217K · Total revenue $261K
83%
Investment reliance
Investment income $2K · Total revenue $261K
+0.9%
Program self-sufficiency
Program service revenue $217K · Total expenses $255K
85%
Growth & trend
Revenue growth (YoY)
This year $261K · Prior year $256K
+2%
Net-asset trend (YoY)
End of year $200K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $261K · Expenses $255K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $200K
—
Net-asset ratio
Net assets $200K · Total assets $200K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $200K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Matthew Downs · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $26K · Total expenses $255K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $255K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 0.6%——
Revenue growth 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$261K revenue · viewing · ⤓ 990 PDF
FY2024$256K revenue · ⤓ 990 PDF
FY2023$258K revenue · ⤓ 990 PDF
FY2022$234K revenue · ⤓ 990 PDF
FY2021$149K revenue · ⤓ 990 PDF
FY2020$23K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.