Mid-south Chapter of the American Societ

Nonprofit profile at a glance

EIN
264629095
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Jonesboro, AR, USA
Phone
8709726996
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$61,606
Expenses
$77,216
Assets
$80,785
Liabilities
$16,859

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

Leadership & pay

10 people listed

Executive titles in this filing

  • JARAD BRETT CATES (PRESIDENT)
  • JASON BREWER (PRESIDENT ELECT)
  • ERICA HARDING (VICE PRESIDENT)
  • DANIEL SHARP SPENCER (IMMEDIATE PAST PRESIDENT)

People named in this filing

  • JARAD BRETT CATES (PRESIDENT)
  • JASON BREWER (PRESIDENT ELECT)
  • ERICA HARDING (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The corporation is formed and is to operate as a local chapter of the american society of farm managers and rural appraisers, inc., a Colorado nonprofit corporation ("asfmra"). The purpose of the corporation is to promote for the benefit of its members and the public, without profit to itself: the professions of agricultural consulting, farm and ranch management, rural appraisal and appraisal review by holding meetings for the exchange of ideas, by conducting and participating in schools and other devices fordisseminating information as well as participating in an accrediting program of asfmra for the recognition of the professional advancement of individual members.

What it reported doing in 2025

The chapter promotes the professions of farm management, agricultural consulting, and rural appraisal by holding meetings for the exchange of ideas.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 18
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19%; rating input score 19
  • Program expense ratio: 15.7%; rating input score 16

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -25.3%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.05; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -5.9% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: -2.3% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 19% of revenue deployed · 15.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 19/100.
  • High — Financial Efficiency: Program expense ratio scored 16/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.