Nonprofit · EIN 71-0416914
NEWHOPE SPECIALIZED INDUSTRIES INC
Tax-exempt · SEARCY, AR 72143
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $1,072,649 | $958,523 | $114,126 | $2,368,745 | $29,441 | $2,339,304 |
| June 30, 2025 | 990 | $856,032 | $952,854 | -$96,822 | $2,239,260 | $14,082 | $2,225,178 |
| June 30, 2024 | 990 | $914,182 | $917,969 | -$3,787 | $2,333,419 | $11,419 | $2,322,000 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $201,252
- of which government grants
- $186,332
- Program service revenue
- $728,945
- Investment income
- $35,069
- Net gain from sales of assets
- $3,100
- Other revenue
- $107,383
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,485
- Other salaries and wages
- $537,073
- Salaries, compensation and benefits (total)
- $652,158
- Professional fundraising fees
- $0
- Accounting fees
- $16,600
- Occupancy
- $64,953
- Depreciation
- $82,250
- Program services (functional)
- $837,534
- Management and general (functional)
- $77,690
- Fundraising (functional)
- $43,299
Balance sheet and other
- Total assets, start of year
- $2,239,260
- Total assets, end of year
- $2,368,745
- Total liabilities, end of year
- $29,441
- Net assets, end of year
- $2,339,304
- Land, buildings and equipment
- $1,359,895
- Net assets without donor restrictions
- $2,339,304
- Gross receipts
- $1,072,649
- Employees
- 13
- Volunteers
- 0
- Year formed
- 1970
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA PRATT | EXECUTIVE DIRECTOR Officer | 40 | $81,485 |
| NANCY SHOWALTER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN MCKNIGHT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARTHA PATTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRIS BRYANT | MEMBER Trustee or director | 1 | $0 |
| JAMIE LADD | MEMBER Trustee or director | 1 | $0 |
| JERRY CREAMEANS | MEMBER Trustee or director | 1 | $0 |
| CATHY LILES | MEMBER Trustee or director | 1 | $0 |
| RIKKI RAPER | MEMBER Trustee or director | 1 | $0 |
| TRE'LON HUNTER | MEMBER Trustee or director | 1 | $0 |
| SAM JOHNSON | MEMBER Trustee or director | 1 | $0 |
| BILL PATTON | MEMBER Trustee or director | 1 | $0 |
| ROY SHOWALTER | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2025: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA PRATT | EXECUTIVE DIRECTOR Officer | 40 | $77,056 |
| NANCY SHOWALTER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN MCKNIGHT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARTHA PATTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| TRE'LON HUNTER | MEMBER Trustee or director | 1 | $0 |
| CHRIS BRYANT | MEMBER Trustee or director | 1 | $0 |
| SAM JOHNSON | MEMBER Trustee or director | 1 | $0 |
| BILL PATTON | MEMBER Trustee or director | 1 | $0 |
| ROY SHOWALTER | MEMBER Trustee or director | 1 | $0 |
| CATHY LILES | MEMBER Trustee or director | 1 | $0 |
| RIKKI RAPER | MEMBER Trustee or director | 1 | $0 |
| JERRY CREAMEANS | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA PRATT | EXECUTIVE DIRECTOR Officer | 40 | $76,836 |
| NANCY SHOWALTER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN MCKNIGHT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARTHA PATTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| TRE'LON HUNTER | MEMBER Trustee or director | 1 | $0 |
| CHRIS BRYANT | MEMBER Trustee or director | 1 | $0 |
| SAM JOHNSON | MEMBER Trustee or director | 1 | $0 |
| BILL PATTON | MEMBER Trustee or director | 1 | $0 |
| ROY SHOWALTER | MEMBER Trustee or director | 1 | $0 |
| CATHY LILES | MEMBER Trustee or director | 1 | $0 |
| RIKKI RAPER | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1223 LINDEN ST, SEARCY, AR 72143-7418
- Principal officer (990 for 2025)
- LINDA PRATT, 1223 LINDEN STREET, SEARCY, AR 72143
- Signed the 990
- LINDA PRATT, EXECUTIVE DIRECTOR
- Phone
- (501) 268-5448
- Return prepared by
- LITTLE SHANEYFELT MARSHALL & CO PA
Mission
SEE SCHEDULE O
Program accomplishments
- HABILITATIVE JOB TRAINING FOR ADULTS WITH DEVELOPMENTAL DISABILITIES.Expenses $837,534 · revenue $871,397
- N/A
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0416914
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,368,745
- Income (IRS master file)
- $1,072,649
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $1,072,649 | $958,523 | $2,368,745 | XML |
| 990 | June 2025 | $856,032 | $952,854 | $2,239,260 | XML |
| 990 | June 2024 | $914,182 | $917,969 | $2,333,419 | XML |
| 990 | June 2023 | $832,035 | $852,932 | $2,336,990 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-0416914).
Questions about NEWHOPE SPECIALIZED INDUSTRIES INC
- What is the EIN of NEWHOPE SPECIALIZED INDUSTRIES INC?
- The employer identification number (EIN) of NEWHOPE SPECIALIZED INDUSTRIES INC is 71-0416914.
- Is NEWHOPE SPECIALIZED INDUSTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to NEWHOPE SPECIALIZED INDUSTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEWHOPE SPECIALIZED INDUSTRIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEWHOPE SPECIALIZED INDUSTRIES INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEWHOPE SPECIALIZED INDUSTRIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of NEWHOPE SPECIALIZED INDUSTRIES INC?
- The 990 for the year ended June 30, 2026 names LINDA PRATT.
- Who are the officers and directors of NEWHOPE SPECIALIZED INDUSTRIES INC?
- The 990 for the year ended June 30, 2026 lists 13 people; 1 received compensation from the organization, the highest $81,485 (LINDA PRATT, EXECUTIVE DIRECTOR).
- How much revenue does NEWHOPE SPECIALIZED INDUSTRIES INC have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $1,072,649, expenses of $958,523 and total assets of $2,368,745 at year end.
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