Arkansas Ready Mixed Concrete Association Inc

EIN: 237136195 Community Improvement

Little Rock, AR

Total Revenue
$477,664
Total Expenses
$431,539
Total Assets
$198,198
Net Assets
$198,058
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
AR
Principal Officer
Shana Smith
Phone
5016638335
Tax Period
2024-04-01 to 2025-03-31

Arkansas Ready Mixed Concrete Association Inc, founded in 1965, is a small nonprofit in the Community Improvement sector that reported $306K in total revenue in fiscal year 2020. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $296K left a modest 3% surplus.

Mission

The Associations mission is to improve the quality of products and business practices, and educate and promote the uses of the product and latest technology to architects and engineers

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,350
Program Service Revenue $236,031
Investment Income $575
Other Revenue $74,708
TOTAL REVENUE $477,664

Expense Breakdown

Grants Paid $0
Salaries & Benefits $175,752
Fundraising Expenses $0
Other Expenses $255,787
TOTAL EXPENSES $431,539

Year-over-Year Comparison

2024 2023 Change
Revenue $477,664 $490,419 0.0%
Expenses $431,539 $511,532 -0.2%
Net Income $46,125 $-21,113 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$96,164
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shanna Smith President 0.00
Officer Director
$0 $0 $0
Daniel Martin President Elect 0.00
Officer Director
$0 $0 $0
Al Campbell Secretary/Treasurer 0.00
Officer Director
$0 $0 $0
Clay McGeorge Past President 0.00
Officer Director
$0 $0 $0
Eric Gohn Producer Member 0.00
Director
$0 $0 $0
Dustin Hedger Producer Member 0.00
Director
$0 $0 $0
John Horner Producer Member 0.00
Director
$0 $0 $0
Charlie Searcy Producer Member 0.00
Director
$0 $0 $0
WR Taylor Producer Member 0.00
Director
$0 $0 $0
Bryan Ward Producer Member 0.00
Director
$0 $0 $0
Keith Wetsell Producer Member 0.00
Director
$0 $0 $0
Kayl Anderson Associate Member 0.00
Director
$0 $0 $0
Greg Thomas Associate Member 0.00
Director
$0 $0 $0
Luke Stovall Associate Member 0.00
Director
$0 $0 $0
Joey DeRoe Council 0.00
Director
$0 $0 $0
Tim Cain Council 0.00
Director
$0 $0 $0
Jim Wiley Council 0.00
Director
$0 $0 $0
Robert Richmond Council 0.00
Director
$0 $0 $0
Jay Taff Council 0.00
Director
$0 $0 $0
Rita Madison Exec Director 40.00
Officer Highest
$96,164 $0 $96,164
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $477,664 $431,539 $198,198 $46,125
2024 $490,419 $511,532 $151,970 $-21,113
2023 $462,270 $474,633 $173,198 $-12,363
2022 $405,785 $357,600 $185,494 $48,185
2021 $305,951 $295,800 $137,370 $10,151
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