AR LAND OF LEGENDS TRAVEL ASSOC INC

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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

1991

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

AR LAND OF LEGENDS TRAVEL ASSOC INC, founded in 1991, is a small nonprofit that reported $265K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

FIRST ACCOMPLISHMENT, REGIONAL ADVERTISING, ARKANSAS TOUR GUIDE, LAND OF LEGENDS TOUR GUIDE, WEBSITE, PROMOTIONS OF REGIONAL EVENTS IN THE LAND OF LEGENDS ASSOCIATION AREA OF JEFFERSON, GRANT, CLEVELAND AND LINCOLN COUNTIES.

Program Service Accomplishments

Program 1

Expenses: $261,793

ADVERTISING AND PROMOTION OF EVENTS AND TOURISM IS USED TO DRAW PEOPLE INTO A FOUR COUNTY REGION.

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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 $223,948

Program Service Revenue $41,113

Investment Income $0

Other Revenue $0

TOTAL REVENUE $265,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,434

Fundraising Expenses $0

Program Expenses $261,793

Other Expenses $249,401

TOTAL EXPENSES $265,835

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,061	$238,523	+0.1%
Expenses	$265,835	$225,825	+0.2%
Net Income	$-774	$12,698	-1.1%

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

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

$15,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JOY BLANKENSHIP	EXECUTIVE DIRECTORSECTREAS	Officer	$15,000	$0	$15,000
JENNIFER WISE	DIRECTOR	Director	$0	$0	$0
RON CATES	DIRECTOR	Director	$0	$0	$0
GLENN STRONG	DIRECTOR	Director	$0	$0	$0
WELDON WYNN	DIRECTOR	Director	$0	$0	$0
JOHN WARE	DIRECTOR	Director	$0	$0	$0
MELODY SPEARS	EX-OFFICIO	Director	$0	$0	$0
COOTER FAILLA	DIRECTOR	Director	$0	$0	$0
GERALD ROBINSON	EX-OFFICIO	Director	$0	$0	$0
WAYNE CASH	DIRECTOR	Director	$0	$0	$0
GREG GUSTEK	PRESIDENT	Officer	$0	$0	$0
SHERI STORIE	VICE PRESIDENT	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	$265,061	$265,835	$26,469	$-774
2023	$238,523	$225,825	$27,169	$12,698