Nonprofit · EIN 93-4778155
HILLSBORO FOUNDATION
Tax-exempt · EL DORADO, AR 71730
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $285,025 | $3,301,402 | -$3,016,377 | $6,193,437 | $0 | $6,193,437 |
| December 31, 2024 | 990 | $7,863,855 | $1,154,608 | $6,709,247 | $9,209,814 | $0 | $9,209,814 |
| December 31, 2023 | 990 | $2,500,567 | $0 | $2,500,567 | $2,500,567 | $0 | $2,500,567 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $285,025
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,286,626
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,073
- Accounting fees
- $2,928
- Program services (functional)
- $3,298,474
- Management and general (functional)
- $2,928
Balance sheet and other
- Total assets, start of year
- $9,209,814
- Total assets, end of year
- $6,193,437
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,193,437
- Land, buildings and equipment
- $1,597,321
- Net assets without donor restrictions
- $6,193,437
- Gross receipts
- $285,025
- Employees
- 0
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE COUSINS | SECRETARY Trustee or director, Officer | 1 | $0 |
| CLAIBORNE P DEMING | VICE PRES/TR Trustee or director, Officer | 1 | $0 |
| MATTHEW J SHEPHERD | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE COUSINS | SECRETARY Trustee or director, Officer | 1 | $0 |
| CLAIBORNE P DEMING | VICE PRES/TR Trustee or director, Officer | 1 | $0 |
| MATTHEW J SHEPHERD | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE COUSINS | SECRETARY Trustee or director, Officer | 1 | $0 |
| CLAIBORNE P DEMING | VICE PRES/TR Trustee or director, Officer | 1 | $0 |
| MATTHEW J SHEPHERD | PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 200 N JEFFERSON AVE STE 600, EL DORADO, AR 71730-5856
- In care of
- % MATTHEW J SHEPHERD
- Principal officer (990 for 2025)
- MATTHEW J SHEPHERD
- Signed the 990
- MATTHEW J SHEPHERD, PRESIDENT
- Phone
- (870) 862-2087
- Return prepared by
- EVERS COX & GOBER PLLC
Mission
TO AID THE CITY OF EL DORADO AND SOUTH ARKANSAS COLLEGE BY PHILANTHROPIC GIFTS THAT SUPPORT THE CONSTRUCTION OF EVENT AND SPORTS VENUES AS WELL AS PROVIDING OPERATIONAL FUNDS TO SUPPORT SAME. THE GOAL IS TO IMPROVE THE COMMUNITY BY PROVIDING A MORE ROBUST CAMPUS LIFE AND EDUCATIONAL EXPERIENCE FOR THE STUDENTS OF SOUTH ARKANSAS COLLEGE.
Program accomplishments
- TO AID THE CITY OF EL DORADO AND SOUTH ARKANSAS COLLEGE BY PHILANTHROPIC GIFTS THAT SUPPORT THE CONSTRUCTION OF EVENT AND SPORTS VENUES AS WELL AS PROVIDING OPERATIONAL FUNDS TO SUPPORT SAME. THE GOAL IS TO IMPROVE THE COMMUNITY BY PROVIDING A MORE ROBUST CAMPUS LIFE AND EDUCATIONAL EXPERIENCE FOR THE STUDENTS OF SOUTH ARKANSAS COLLEGE.Expenses $3,298,474 · grants $3,286,626
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 | 990 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
- 93-4778155
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N12)
- Assets (IRS master file)
- $6,193,437
- Income (IRS master file)
- $285,025
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $285,025 | $3,301,402 | $6,193,437 | IRS |
| 990 | December 2024 | $7,863,855 | $1,154,608 | $9,209,814 | XML |
| 990 | December 2023 | $2,500,567 | $0 | $2,500,567 | XML |
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 93-4778155).
Questions about HILLSBORO FOUNDATION
- What is the EIN of HILLSBORO FOUNDATION?
- The employer identification number (EIN) of HILLSBORO FOUNDATION is 93-4778155.
- Is HILLSBORO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to HILLSBORO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does HILLSBORO FOUNDATION 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 HILLSBORO FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HILLSBORO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HILLSBORO FOUNDATION?
- The 990 for the year ended December 31, 2025 names MATTHEW J SHEPHERD.
- Who are the officers and directors of HILLSBORO FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HILLSBORO FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $285,025, expenses of $3,301,402 and total assets of $6,193,437 at year end.
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All nonprofits in EL DORADO · Arkansas · Recreation and sports