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Nonprofit · EIN 93-2022988

ARKANSAS CHAMPIONS TRUST

Tax-exempt · LITTLE ROCK, AR 72201

Financials

$259K$259K2023$6.4M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of ARKANSAS CHAMPIONS TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,402,510$6,559,671-$157,161$2,601,730$2,758,891-$157,161
December 31, 2023990$259,485$259,485$0$1,012,837$1,012,837$0
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$346,527
Program service revenue
$6,043,929
Investment income
$12,054
Other revenue
$0

Expenses

Grants and similar amounts paid
$258,380
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$9,328
Accounting fees
$58,387
Occupancy
$41,378
Travel
$38,577
Depreciation
$14,681
Program services (functional)
$5,824,706
Management and general (functional)
$224,275
Fundraising (functional)
$510,690

Balance sheet and other

Total assets, start of year
$1,012,837
Total assets, end of year
$2,601,730
Total liabilities, end of year
$2,758,891
Net assets, end of year
-$157,161
Land, buildings and equipment
$278,942
Net assets without donor restrictions
-$157,161
Gross receipts
$6,402,510
Employees
0
Volunteers
900
Year formed
2023
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.

NameTitleHours / weekCompensation
CURTIS JEFFRIESDIRECTOR
Trustee or director
1$0
EDDIE DRILLINGDIRECTOR
Trustee or director
1$0
ELIZABETH MACHENDIRECTOR
Trustee or director
1$0
FREDDIE BLACKDIRECTOR
Trustee or director
1$0
GEORGE MAKRIS JRDIRECTOR
Trustee or director
1$0
KEVIN CRASSDIRECTOR
Trustee or director
1$0
MARTY CASTEELDIRECTOR
Trustee or director
1$0
RICHARD HENRYDIRECTOR
Trustee or director
1$0
WILLIAM CLARKDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
EDDIE DRILLINGDIRECTOR
Trustee or director
1$0
ELIZABETH MACHENDIRECTOR
Trustee or director
1$0
FREDDIE BLACKDIRECTOR
Trustee or director
1$0
GEORGE MAKRIS JRDIRECTOR
Trustee or director
1$0
KEVIN CRASSDIRECTOR
Trustee or director
1$0
MARTY CASTEELDIRECTOR
Trustee or director
1$0
WILLIAM CLARKDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
601 E 3RD ST, LITTLE ROCK, AR 72201-1709
In care of
% GEORGE MAKRIS III
Principal officer (990 for 2024)
GEORGE MAKRIS, 601 EAST 3RD STREET, LITTLE ROCK, AR 72201
Signed the 990
GEORGE MAKRIS, OFFICER
Phone
(501) 558-3162
Return prepared by
Forvis Mazars LLP

Mission

This organization will raise funds for various charitable purposes as determined by its board of directors. Initially, this organization will organize a golf tournament to be held in central Arkansas starting in 2024 of which the net profits will generally be used for charitable purposes.

990 for the year ended December 31, 2024

Program accomplishments

  • ARKANSAS CHAMPIONS TRUST HOSTS THE PGA TOUR CHAMPIONS GOLF TOURNAMENT IN CENTRAL ARKANSAS ANNUALLY.
    Expenses $5,824,706 · grants $258,380 · revenue $6,043,929

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
93-2022988
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,601,730
Income (IRS master file)
$6,402,510

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,402,510$6,559,671$2,601,730XML
990December 2023$259,485$259,485$1,012,837XML

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 93-2022988).

Questions about ARKANSAS CHAMPIONS TRUST

What is the EIN of ARKANSAS CHAMPIONS TRUST?
The employer identification number (EIN) of ARKANSAS CHAMPIONS TRUST is 93-2022988.
Is ARKANSAS CHAMPIONS TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to ARKANSAS CHAMPIONS TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARKANSAS CHAMPIONS TRUST 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 ARKANSAS CHAMPIONS TRUST 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 ARKANSAS CHAMPIONS TRUST 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 ARKANSAS CHAMPIONS TRUST?
The 990 for the year ended December 31, 2024 names GEORGE MAKRIS.
Who are the officers and directors of ARKANSAS CHAMPIONS TRUST?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does ARKANSAS CHAMPIONS TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,402,510, expenses of $6,559,671 and total assets of $2,601,730 at year end.

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