Nonprofit · EIN 71-0671027
WATERSPRINGS RANCH INC
Tax-exempt · TEXARKANA, AR 71854
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,860,487 | $1,536,814 | $323,673 | $6,075,206 | $101,513 | $5,973,693 |
| December 31, 2023 | 990 | $2,484,213 | $1,556,831 | $927,382 | $5,952,525 | $302,505 | $5,650,020 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,815,563
- Program service revenue
- $0
- Investment income
- $19,624
- Net rental income
- $25,300
- Other revenue
- $25,300
Expenses
- Grants and similar amounts paid
- $33,050
- Compensation of officers, directors and key employees
- $119,942
- Other salaries and wages
- $490,743
- Salaries, compensation and benefits (total)
- $673,429
- Professional fundraising fees
- $0
- Accounting fees
- $1,449
- Occupancy
- $396,114
- Travel
- $65,898
- Program services (functional)
- $1,473,584
- Management and general (functional)
- $63,230
Balance sheet and other
- Total assets, start of year
- $5,952,525
- Total assets, end of year
- $6,075,206
- Total liabilities, end of year
- $101,513
- Net assets, end of year
- $5,973,693
- Land, buildings and equipment
- $4,505,172
- Net assets without donor restrictions
- $5,973,693
- Gross receipts
- $1,860,487
- Employees
- 20
- Volunteers
- 10
- Year formed
- 1988
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID WHATLEY | President Trustee or director, Officer | 40 | $75,218 |
| CARLA WHATLEY | Vice President Trustee or director, Officer | 40 | $44,724 |
| EDDIE DAINES | Secretary Trustee or director | 1 | $0 |
| JANE DAINES | Director Trustee or director | 1 | $0 |
| TERRY YOUNGBLOOD | Director Trustee or director | 1 | $0 |
| KIM YOUNGBLOOD | Director Trustee or director | 1 | $0 |
| PHILLIP COCKRELL | Director Trustee or director | 1 | $0 |
| LILA COCKRELL | Director Trustee or director | 1 | $0 |
| MICHAEL LEISCHNER | Director Trustee or director | 1 | $0 |
| DONNA LEISCHNER | Director Trustee or director | 1 | $0 |
| RICK PUDLO | Director Trustee or director | 1 | $0 |
| MITZI PUDLO | Director Trustee or director | 1 | $0 |
| CHARLIS LEBLANC | Director Trustee or director | 1 | $0 |
| JILL LEBLANC | Director Trustee or director | 1 | $0 |
| BUTCH HARTMAN | Director Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIANN HARTMAN | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID WHATLEY | President Trustee or director, Officer | 40 | $74,623 |
| CARLA WHATLEY | Vice President Trustee or director, Officer | 40 | $43,467 |
| EDDIE DAINES | Secretary Trustee or director | 1 | $0 |
| JANE DAINES | Director Trustee or director | 1 | $0 |
| TERRY YOUNGBLOOD | Director Trustee or director | 1 | $0 |
| KIM YOUNGBLOOD | Director Trustee or director | 1 | $0 |
| PHILLIP COCKRELL | Director Trustee or director | 1 | $0 |
| LILA COCKRELL | Director Trustee or director | 1 | $0 |
| MICHAEL LEISCHNER | Director Trustee or director | 1 | $0 |
| DONNA LEISCHNER | Director Trustee or director | 1 | $0 |
| RICK PUDLO | Director Trustee or director | 1 | $0 |
| MITZI PUDLO | Director Trustee or director | 1 | $0 |
| CHARLIS LEBLANC | Director Trustee or director | 1 | $0 |
| JILL LEBLANC | Director Trustee or director | 1 | $0 |
| BUTCH HARTMAN | Director Trustee or director | 1 | $0 |
| JULIANN HARTMAN | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7707 SANDERSON LN, TEXARKANA, AR 71854-8266
- Principal officer (990 for 2024)
- DAVID WHATLEY, 7707 SANDERSON LN, TEXARKANA, AR 71854
- Signed the 990
- DAVID WHATLEY, President
- Phone
- (870) 772-7187
- Website
- www.waterspringsranch.org
- Return prepared by
- Turner Rodgers Manning & Plyler PLL
Mission
To provide healing and restoration through God's love and grace for children who have been abused, abandoned or neglected.
Program accomplishments
- Providing healing and restoration through God's love and grace for children who have been abused, abandoned or neglected. Our staff focuses on breaking generational cycles of hopelessness and fear, knowing that as a child accepts God's unconditional love, their futures will be changed and negative patterns interrupted and broken.Expenses $1,473,584
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0671027
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,075,206
- Income (IRS master file)
- $1,860,487
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,860,487 | $1,536,814 | $6,075,206 | IRS |
| 990 | December 2023 | $2,484,213 | $1,556,831 | $5,952,525 | XML |
| 990 | December 2022 | $1,560,373 | $1,335,803 | $5,010,006 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about WATERSPRINGS RANCH INC
- What is the EIN of WATERSPRINGS RANCH INC?
- The employer identification number (EIN) of WATERSPRINGS RANCH INC is 71-0671027.
- Is WATERSPRINGS RANCH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to WATERSPRINGS RANCH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERSPRINGS RANCH 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 WATERSPRINGS RANCH INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERSPRINGS RANCH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WATERSPRINGS RANCH INC?
- The 990 for the year ended December 31, 2024 names DAVID WHATLEY.
- Who are the officers and directors of WATERSPRINGS RANCH INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $75,218 (DAVID WHATLEY, President).
- How much revenue does WATERSPRINGS RANCH INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,860,487, expenses of $1,536,814 and total assets of $6,075,206 at year end.
Other nonprofits in TEXARKANA
- SOUTHWEST ARKANSAS ELECTRIC COOP CORP EIN 71-0166791 · last filed 990 for 2024
- TEXARKANA COUNTRY CLUB INC EIN 71-0177670 · last filed 990 for 2025
- SOUTHWEST ARKANSAS COUNSELING AND MENTAL HEALTH CENTER INC EIN 71-0526149 · last filed 990 for 2025
- OPERATION KIDS INC EIN 58-1861424 · last filed 990 for 2024
- JAMES I FREEMAN CHARITABLE TRUST EIN 20-7202584 · last filed 990-PF for 2024
- TEXARKANA RESOURCES FOR THE DISABLED INC EIN 58-2004441 · last filed 990 for 2025
- TEXARKANA SYMPHONY ORCHESTRA EIN 20-4350824 · last filed 990 for 2025
- FOUR STATES FAIR ASSOCIATION INCORPORATED EIN 75-0939932 · last filed 990 for 2025