ARKANSAS VENTURE CENTER (EIN 464108871) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

ARTHUR ORDUNA

Phone

5014049875

Tax Period

2023-01-01 to 2023-12-31

ARKANSAS VENTURE CENTER, founded in 2013, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $988K left a modest 14% surplus.

Mission

THE VENTURE CENTER HELPS STARTUPS OBTAIN CUSTOMER VALIDATION & REACH VIABILITY THROUGH SYSTEMATIC PROGRMMING, PREMIUM MENTORSHIP THAT LEVERAGES BEST PRACTICES IN LEAN METHODOLOGY & STRATEGIC ACCELERATION WITH AN EYE ON REACHING SCALE AND CREATING MEASURABLE ECONOMIC IMPACT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,272,345

Program Service Revenue $114,675

Investment Income $51,614

Other Revenue $2,430

TOTAL REVENUE $1,441,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,032,193

Fundraising Expenses $0

Program Expenses $790,681

Other Expenses $866,716

TOTAL EXPENSES $1,898,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,441,064	$1,886,810	-0.2%
Expenses	$1,898,909	$2,131,949	-0.1%
Net Income	$-457,845	$-245,139	+0.9%

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

Volunteers

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

$179,623

Total Directors

$179,623

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY DILLON	DIRECTOR	0.30	Director	$0	$0	$0
MILLIE WARD	DIRECTOR	0.30	Director	$0	$0	$0
JOHN HALEY	DIRECTOR	0.30	Director	$0	$0	$0
JIM WOMBLE	DIRECTOR	0.30	Director	$0	$0	$0
JAY CHESSHIR	DIRECTOR	0.30	Director	$0	$0	$0
JAMES HENDREN	CHAIRMAN	0.30	Officer Director	$0	$0	$0
COLLINS ANDREWS	DIRECTOR	0.30	Director	$0	$0	$0
BILL YODER	DIRECTOR	0.30	Director	$0	$0	$0
ARTHUR ORDUNA	EXECUTIVE DIRECTOR	40.00	Officer Director	$175,000	$4,623	$179,623

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
2024	No data	No data	No data	No data
2023	$1,441,064	$1,898,909	$3,359,234	$-457,845
2022	$1,886,810	$2,131,949	$3,645,178	$-245,139
2021	$2,111,036	$1,647,407	$4,361,436	$463,629
2020	$3,402,761	$1,270,226	$3,548,174	$2,132,535
2019	$1,749,130	$1,291,122	$1,539,302	$458,008
2018	$1,142,806	$988,469	$1,103,493	$154,337

ARKANSAS VENTURE CENTER