McGehee Industrial Foundation

Nonprofit profile at a glance

EIN
710621778
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
McGehee, AR, USA
Phone
8702224300
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$13,654
Expenses
$37,375
Assets
$512,673
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • James M Smith (President)
  • Jim Daniels (Vice President)

Highest reported compensation

  • James M Smith (President): $2,400 total reported compensation
  • Jamie Stallans (Secretary): $1,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Industrial Development of the McGehee, Arkansas area. Financial and managerial support of Rohwer-Jerome WWII Japanese American Internment Museum, a 501(c)(3) organization. Support of our local non-profit hospital. Maintenance of a pocket-park in downtown McGehee, AR.

What it reported doing in 2025

Supported the operation of the Rohwer Location Japanese-American World War II Relocation Museum. Advertised and promoted the museuem as an important historical and educational exhibit. Maintained a pocket-park in downtown McGehee, AR.

Operating model

Revenue model
Investment-supported. 88% of the money available for current operations came from recurring investment income.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 93
  • Accountability: 63
  • Sustainability: 36
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 9 controls in place; rating input score 11
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -173.7%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 13.72; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 9.6%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -1.6% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: -16.6% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -11.8% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 6 board members independent · 1 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $37K in reported program spending
  • Leadership: top reported pay $2K · 7 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 7 of 8 not reported.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.