Ozark Mission Project EIN 71-0763942

Ozark Mission Project

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Connects church youth groups to build and repair homes for the elderly and needy. For fiscal year 2024 it reported $587K in revenue, $575K in expenses, and $443K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Little Rock, AR
Website
www.ozarkmissionproject.org
Filings
5 on file (2020–2024)
Revenue
$587KFY2024
Expenses
$575K
Net assets
$443K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  71-0763942 Public charity (501(c)(3)) Little Rock, AR
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects church youth groups to build and repair homes for the elderly and needy.
Leadership
Matt Buchanan · Treasurer
Money in and out
$587K revenue, $575K expenses
Bottom line
81% program efficiency
Where the money goes · FY2024
Total revenue
$587K
Pt VIII · Ln 12
Total expenses
$575K
Pt IX · Ln 25
Net assets
$443K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $12K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.11 Fundraising $0.08
Program efficiency
81%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
6.6mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▼ -60% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$587K
FY2024▼ -8%
Expenses
$575K
FY2024▼ -5%
Total assets
$475K
FY2024▲ +2%
Total liabilities
$32K
FY2024▼ -2%
Total revenue
$587K
Pt VIII · Ln 12
Total expenses
$575K
Pt IX · Ln 25
Net assets
$443K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$475K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

1 program service account for $468K of program spending, described in the organization's own filed words · FY2023.
01

Operated multiple week-long summer camps throughout arkansas where campers build and repair for the elderly and needy in surrounding areas.

$468Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COzark Mission Project
EINHdr · item D71-0763942
Principal addressHdr · item CLittle Rock, AR
WebsiteHdr · item Jwww.ozarkmissionproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFDec 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A

Bailey Faulkner’s $99K as Executive Dir. is at the 84th percentile of top reported officer pay among 849 $100K–1M housing 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.

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Statement of Revenue

Part VIII
Contributions & grants$334K · 57%
Program service revenue$221K · 38%
Investment income$29K · 5%
Other revenue$4K · 1%
Contributions & grants57%$334K
Program service revenue38%$221K
Investment income5%$29K
Other revenue1%$4K
Total revenueLn 12$587K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.11 Fundraising $0.08
Program services81%$468K
Management & general11%$62K
Fundraising8%$45K
Total functional expensesLn 25$575K

Balance Sheet

Part X · end of year
CashLn 1$317K
Total assetsLn 16$475K
Total liabilitiesLn 26$32K
Total net assetsLn 32$443K
Months of cash on handcomputed6.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $317K · Operating expenses/yr $575K
6.6 months
Where the money goes
Program services
Program services $468K · Total expenses $575K
81%
Management & General
Management & general $62K · Total expenses $575K
11%
Fundraising
Fundraising $45K · Total expenses $575K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $42K · Solicited contributions (3-yr avg) $419K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $334K · Total revenue $587K
57%
Government reliance
Government grants — · Total revenue $587K
Earned-income share
Program service revenue $221K · Total revenue $587K
38%
Investment reliance
Investment income $29K · Total revenue $587K
+5%
Program self-sufficiency
Program service revenue $221K · Total expenses $575K
38%
Growth & trend
Revenue growth (YoY)
This year $587K · Prior year $635K
-8%
Revenue CAGR
FY2019 $204K · FY2023 $587K
+30%
Net-asset trend (YoY)
End of year $443K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $587K · Expenses $575K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $475K
Net-asset ratio
Net assets $443K · Total assets $475K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $475K
0%
People & payroll
Highest Reported Total Compensation
Individual Matt Buchanan · Reported title Treasurer · Highest reported compensation $0 · Total expenses $575K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $282K · Total expenses $575K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 11%
Fundraising cost ratio 14%
Revenue growth -8%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.4%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$587K revenue · viewing · ⤓ 990 PDF
FY2023$635K revenue · ⤓ 990 PDF
FY2022$613K revenue · ⤓ 990 PDF
FY2021$507K revenue · ⤓ 990 PDF
FY2020$204K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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