Mission
THE RLF PROGRAM WAS CREATED TO ASSIST ELIGIBLE SMALL BUSINESSES IN ARKANSAS, ASHLEY, BRADLEY, CHICOT, CLEVELAND, DESHA, DREW, GRANT, JEFFERSON, AND LINCOLN COUNTIES BY PROVIDING GAP FINANCING WITH LOW INTEREST RATES AND FAVORABLE TERMS.
Public Charity
SOUTH ARKANSAS VENTURE ENTERPRISES INC
Based in PINE BLUFF, AR, SOUTH ARKANSAS VENTURE ENTERPRISES INC operates as a Public Charity. The organization reported $88K in revenue, $274K in expenses, $2.8M in total assets for fiscal year 2024. Imperigo tracks 1 reported grants from this foundation totaling approximately $7K.
EIN: 710537626
PINE BLUFF, AR
Small Business Development
NTEE: S43
Latest filing: 2024
Total Revenue$88K
Total Expenses$274K
Total Assets$2.8M
Grants Given1
Grant Total$7K
Filing Years2019–2024
Where $100 goes at South Arkansas Venture Enterprises Inc
How South Arkansas Venture Enterprises Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$87
Programs
the work itself
$13
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $87 for programs
$87
Granted over $714,000 worth of loans for our district area
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
$6,701
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Cody Hollis
PRESIDENT
Gregg Reep
VICE PRESIDENT
Joe Fakouri
SECRETARY
Mack Ball Jr
BOARD MEMBER
Neal Maynard
TREASURER AND Executive Director
Patrecia Hargrove
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $88K | $274K | $2.8M |
| 2023 | $207K | $303K | $3.0M |
| 2022 | $1.0M | $208K | $3.1M |
| 2020 | $175K | $32K | $1.8M |
| 2019 | $43K | $205K | $1.7M |
Between 2019 and 2024, reported annual revenue grew from $43K to $88K (+107%), with total assets most recently reported at $2.8M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AR.
AR
Full geographic grant map with state-by-state breakdown available with membership.