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Arkansas · Nonprofit

HOT SPRINGS DEVELOPMENT FOUNDATION

HOT SPRINGS DEVELOPMENT FOUNDATION (Arkansas) receives grants from 3 organizations whose IRS filings report $33,930 to it, the largest being ETHEL-JANE W BUNTING FOUNDATION TRUST ($22,930). 1 of them have funded it in more than one year.

$43k
Revenue FY2024
3
Funders on record
$34k
Grants received
$28k
Net assets
1/3 repeat funderspeak grant-dependency 17%

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($26k) Expenses 100 ($31k) Net assets 100 ($31k)2018 Revenue 395 ($101k) Expenses 92 ($28k) Net assets 331 ($104k)2019 Revenue 352 ($90k) Expenses 110 ($34k) Net assets 509 ($160k)2020 Revenue 234 ($60k) Expenses 79 ($25k) Net assets 621 ($196k)2021 Revenue 359 ($92k) Expenses 71 ($22k) Net assets 843 ($266k)2022 Revenue 239 ($61k) Expenses 577 ($178k) Net assets 472 ($149k)2023 Revenue 94 ($24k) Expenses 66 ($21k) Net assets 484 ($152k)2024 Revenue 166 ($43k) Expenses 540 ($167k) Net assets 90 ($28k)
'17'18'19'20'21'22'23'24
Revenue (166)Expenses (540)Net assets (90)

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$5k
17
$73k
18
$56k
19
$35k
20
$70k
21
$117k
22
$4k
23
$124k
24
02Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $17k → $3k.

Funder
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
3
1
1
1
1

From the IRS filings of HOT SPRINGS DEVELOPMENT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HOT SPRINGS DEVELOPMENT FOUNDATION leans on a few funders — its largest provides 68% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

68%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 0% · 2019 100% · 2020 100% · 2021 63% · 2022 100% · 2023 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

HOT SPRINGS DEVELOPMENT FOUNDATION draws 68% of its grant income from funders outside Arkansas, across 2 states in all.

AR
SC

In-state vs out-of-state, by year

19
20
21
22
23
Arkansas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 3 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like HOT SPRINGS DEVELOPMENT FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arkansas

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for HOT SPRINGS DEVELOPMENT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOT SPRINGS DEVELOPMENT FOUNDATION?
HOT SPRINGS DEVELOPMENT FOUNDATION (Arkansas) receives grants from 3 organizations whose IRS filings report $33,930 to it, the largest being ETHEL-JANE W BUNTING FOUNDATION TRUST ($22,930). 1 of them have funded it in more than one year.
How many funders does HOT SPRINGS DEVELOPMENT FOUNDATION have?
IRS filings report 3 organizations giving $33,930 in grants to HOT SPRINGS DEVELOPMENT FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of HOT SPRINGS DEVELOPMENT FOUNDATION?
ETHEL-JANE W BUNTING FOUNDATION TRUST is the largest funder on record, with $22,930 in grants. The full list of funders is on this page.
How can an organization like HOT SPRINGS DEVELOPMENT FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arkansas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing