Arkansas · Nonprofit
HOT SPRINGS DEVELOPMENT FOUNDATION
HOT SPRINGS DEVELOPMENT FOUNDATION (Arkansas) receives grants from 4 organizations whose IRS filings report $50,430 to it, the largest being ETHEL-JANE W BUNTING FOUNDATION TRUST ($22,930). 1 of them have funded it in more than one year.
- Revenue FY2024
- $43k
- Funders on record
- 4
- Grants received
- $50k
- Net assets
- $28k
What Hot Springs Development Foundation does
Mission
Development of educational/charitable projects
As stated on its FY2024 Form 990-EZ.
Program
Various community projects to further education, culture and entertainment within the hot springs community.
$166,000 spent100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $166,000.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $152k to $35k (−77%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
Leadership and staff
Board chair
Bruce Jones
Chairman
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income fell $17k → $3k.
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 45% of grant income and the top three 98%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 63% · 2022 100% · 2023 100% — broadly stable.
“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
55% of HOT SPRINGS DEVELOPMENT FOUNDATION's grant income comes from Arkansas funders.
In-state vs out-of-state, by year
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.
Organizations like HOT SPRINGS DEVELOPMENT FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Arkansas
Nationally
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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · 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 4 organizations whose IRS filings report $50,430 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 4 organizations giving $50,430 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.
Play a game about who funds Hot Springs Development →
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 4 funders 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 October 14, 2026. What this page cannot tell you · view filing