Southern Capital Project

Nonprofit profile at a glance

EIN
872676743
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
North Little Rock, AR, USA
Phone
9038265483
Rating confidence
Limited
Sector
Economic Development

Official website

Reported finances

Revenue
$0
Expenses
$20,105
Assets
$11,114
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • JEANNETTE BALLEZA COLLINS (PRESIDENT)
  • JENSYN HALLETT (EXECUTIVE DIRECTOR)

People named in this filing

  • JOYVIN BENTON (MEMBER)
  • KRISTY CARTER (MEMBER)
  • JOYCELIN RANDLE (MEMBER)

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

Southern capital project's mission is to ensure women in the south have equitable opportunities to build wealth.

What it reported doing in 2025

Our organization recognizes business ownership as a critical pathway to wealth, and we conducted research to inform and adjust our programming to better serve entrepreneurs, particularly women. This research explores the challenges and successes entrepreneurs face when navigating the entrepreneurial ecosystem. The results of this research were shared with stakeholders in 2024 to inform best practices for supporting women entrepreneurs. We also began collaborating with a local financial institution to develop a financial vehicle that addresses the specific barriers faced by women entrepreneurs and aligns more closely with their business needs. The organization also implemented foundational structures and processes that will support the launch of new programs aimed at providing women entrepreneurs with greater access to the resources they need to strengthen or expand their businesses, including educational programs and navigation to resources within the ecosystem.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 18
  • Growth: 40

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0.55; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 77.6%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 11.8% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: -65.6% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -59% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.