ARKANSAS RESEARCH ALLIANCE

EIN: 262160988 501(c)(3) Community Improvement

CONWAY, AR

Total Revenue
$2,212,421
Total Expenses
$1,814,842
Total Assets
$3,383,898
Net Assets
$3,027,808
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
AR
Principal Officer
JERRY B ADAMS
Phone
5014507818
Tax Period
2022-07-01 to 2023-06-30

ARKANSAS RESEARCH ALLIANCE, founded in 2008, is a community nonprofit in the Community Improvement sector that reported $3.5M in total revenue in fiscal year 2017. Revenue surged 412% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 42% operating margin.

Mission

INVEST IN RESEARCH THAT STIMULATES INNOVATION, ENCOURAGES COLLABORATION AND STRENGTHENS ECONOMIC OPPORTUNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,892,676
Program Service Revenue $13,743
Investment Income $3,182
Other Revenue $302,820
TOTAL REVENUE $2,212,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $455,982
Fundraising Expenses $0
Program Expenses $1,193,262
Other Expenses $1,358,860
TOTAL EXPENSES $1,814,842

Year-over-Year Comparison

2022 2021 Change
Revenue $2,212,421 $2,040,177 +0.1%
Expenses $1,814,842 $1,795,761 +0.0%
Net Income $397,579 $244,416 +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

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Governance

Voting Members
23
Independent Members
23
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
4
$148,052
Total Directors
31
$148,052
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN BARNHOUSE PRESIDENT 4.00
Officer Director
$148,052 $0 $148,052
SONJA HUBBARD CHAIR 4.00
Officer Director
$0 $0 $0
CHARLES NABHOLZ TREASURER 4.00
Officer Director
$0 $0 $0
DARYL BROWN ASST TREASURER 4.00
Officer Director
$0 $0 $0
CHANCLAURENCE ALEXANDER TRUSTEE 2.00
Director
$0 $0 $0
INT CHANC CHARLES ROBINSON TRUSTEE 2.00
Director
$0 $0 $0
CHANC TODD SHIELDS TRUSTEE 2.00
Director
$0 $0 $0
CHANC CAM PATTERSON TRUSTEE 2.00
Director
$0 $0 $0
RITTER ARNOLD TRUSTEE 2.00
Director
$0 $0 $0
CHRIS BARBER TRUSTEE 2.00
Director
$0 $0 $0
CURTIS BARNETT TRUSTEE 2.00
Director
$0 $0 $0
MARTY CASTEEL TRUSTEE 2.00
Director
$0 $0 $0
RONNIE DEADMAN TRUSTEE 2.00
Director
$0 $0 $0
JERRY JONES TRUSTEE 2.00
Director
$0 $0 $0
LAURA LANDREAUX TRUSTEE 2.00
Director
$0 $0 $0
JUDY MCREYNOLDS TRUSTEE 2.00
Director
$0 $0 $0
JASON MORRIS TRUSTEE 2.00
Director
$0 $0 $0
DAVID PEACOCK TRUSTEE 2.00
Director
$0 $0 $0
TRACY ROSSER TRUSTEE 2.00
Director
$0 $0 $0
REYNIE RUTLEDGE TRUSTEE 2.00
Director
$0 $0 $0
BARBARA SUGG TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL VERDESCA TRUSTEE 2.00
Director
$0 $0 $0
MARY WARD TRUSTEE 2.00
Director
$0 $0 $0
DAN WILLIAMS TRUSTEE 2.00
Director
$0 $0 $0
CHANC CHRISTY DRALE TRUSTEE 2.00
Director
$0 $0 $0
CHANC KELLY DAMPHOUSE TRUSTEE 2.00
Director
$0 $0 $0
DAN BROWN TRUSTEE 2.00
Director
$0 $0 $0
CHRIS HART TRUSTEE 2.00
Director
$0 $0 $0
JUDY MCREYNOLDS TRUSTEE 2.00
Director
$0 $0 $0
MIKE ROSS TRUSTEE 2.00
Director
$0 $0 $0
ANDREA SHOPPACH TRUSTEE 2.00
Director
$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 No data No data No data No data
2023 $2,212,421 $1,814,842 $3,383,898 $397,579
2022 $2,040,177 $1,795,761 $2,664,849 $244,416
2021 $2,522,456 $2,650,988 $2,528,169 $-128,532
2019 $512,440 $1,964,865 $2,032,448 $-1,452,425
2018 $3,475,347 $2,022,774 $3,899,148 $1,452,573
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