ARKANSAS HISTORICAL ASSOCIATIONINC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

RACHEL SILVA PATTON

Phone

4795755884

Tax Period

2023-07-01 to 2024-06-30

ARKANSAS HISTORICAL ASSOCIATIONINC, founded in 1941, is a small nonprofit in the Arts, Culture & Humanities sector that reported $133K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Net assets of $669K represent 60 months of operating reserves.

Mission

TO PROMOTE THE PRESERVATION, WRITING, PUBLISHING, TEACHING AND UNDERSTANDING OF ARKANSAS STATE HISTORY THROUGH THE PUBLICATION OF THE ARKANSAS HISTORICAL QUARTERLY AS WELL AS OTHER ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $64,189

PUBLISHED QUARTERLY MAGAZINE, PROVIDED FINANCIAL AWARDS FOR WINNERS, AND HELD ANNUAL MEETING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $115,992

Program Service Revenue $0

Investment Income $7,547

Other Revenue $9,695

TOTAL REVENUE $133,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,710

Other Expenses $133,434

TOTAL EXPENSES $133,434

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,234	$142,714	-0.1%
Expenses	$133,434	$143,266	-0.1%
Net Income	$-200	$-552	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KWAMI ABDUL-BEY	TRUSTEE	N/A	Director	$0	$0	$0
JOHN BELLER	TRUSTEE	N/A	Director	$0	$0	$0
CARLA COLEMAN	TRUSTEE	N/A	Director	$0	$0	$0
RODNEY HARRIS	TRUSTEE	N/A	Director	$0	$0	$0
BRIAN IRBY	TRUSTEE	N/A	Director	$0	$0	$0
DONNA LUDLOW	BUSINESS MAN	N/A	Director	$0	$0	$0
BRIAN MITCHELL	TRUSTEE	N/A	Director	$0	$0	$0
GLENN MOSENTHIN	TRUSTEE	N/A	Director	$0	$0	$0
TIM NUTT	TRUSTEE	N/A	Director	$0	$0	$0
MATTHEW ROONEY	TRUSTEE	N/A	Director	$0	$0	$0
NATHANIA SAWYER	TRUSTEE	N/A	Director	$0	$0	$0
LISA SPEER	TRUSTEE	N/A	Director	$0	$0	$0
W SCOTT TOMLIN	TRUSTEE	N/A	Director	$0	$0	$0
TOM WING	TRUSTEE	N/A	Director	$0	$0	$0
BLAKE WINTORY	TRUSTEE	N/A	Director	$0	$0	$0
JOSHUA YOUNGBLOOD	TRUSTEE	N/A	Director	$0	$0	$0
RACHEL SILVA PATTON	PRESIDENT	N/A	Officer	$0	$0	$0
BLAKE PERKINS	VICE PRESIDE	N/A	Officer	$0	$0	$0
PATRICK G WILLIAMS	SECRETARY-TR	N/A	Officer	$0	$0	$0

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	No data	No data	No data	No data
2024	$133,234	$133,434	$668,508	$-200
2023	$142,714	$143,266	$609,150	$-552
2022	$142,831	$139,251	$566,847	$3,580
2021	$155,731	$123,015	$637,909	$32,716
2020	$136,581	$143,599	$504,781	$-7,018
2019	$158,566	$153,996	$512,350	$4,570