SOUTHERN ARKANSAS UNIVERSITY ALUMNI ASSOCIATION

EIN: 621682145 501(c)(3) Education

MAGNOLIA, AR

Total Revenue
$427,123
Total Expenses
$297,141
Total Assets
$18,045,312
Net Assets
$-3,536,993
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Financial Trends

Organization Details

Formation Year
1994
Principal Officer
SHAWANA REED
Phone
8702355008
Tax Period
2024-07-01 to 2025-06-30

SOUTHERN ARKANSAS UNIVERSITY ALUMNI ASSOCIATION, founded in 1994, is a small nonprofit in the Education sector that reported $427K in total revenue in fiscal year 2024. The organization ran a surplus of $130K, a strong 30% operating margin.

Mission

TO STRENGTHEN THE CONNECTION OF OUR ALUMNI, FORMER STUDENTS, AND FRIENDS THROUGH FOSTERING MEANINGFUL ENGAGEMENT OPPORTUNITIES, PROVIDING INCREASED AWARENESS AND SUPPORT OF SOUTHERN ARKANSAS UNIVERSITY, AND INCREASING MEMBER PARTICIPATION.

Program Service Accomplishments

Program 1
Expenses: $54,249

TO PROMOTE INTEREST IN SOUTHERN ARKANSAS UNIVERSITY BY FOSTERING A SPIRIT OF PRIDE AMOUNG GRADUATES AND TO ENCOURGE PARTICIPATION IN UNIVERSITY EVENTS.

Program 2

TO OPERATE AND MAINTAIN RESIDENTIAL HALLS AND TO ASSIST MONETARILY IN THE REPAIR AND/OR RENOVATION OF CERTAIN PROPERTIES OWNED BY SOUTHERN ARKANSAS UNIVERSITY TO BE USED BY THE ALUMNI ASSOCIATION IN...

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TO OPERATE AND MAINTAIN RESIDENTIAL HALLS AND TO ASSIST MONETARILY IN THE REPAIR AND/OR RENOVATION OF CERTAIN PROPERTIES OWNED BY SOUTHERN ARKANSAS UNIVERSITY TO BE USED BY THE ALUMNI ASSOCIATION IN THEIR PROMOTION OF SOUTHERN ARKANSAS UNIVERSITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $935,992
Program Service Revenue $0
Investment Income $51,435
Other Revenue $-560,304
TOTAL REVENUE $427,123

Expense Breakdown

Grants Paid $0
Salaries & Benefits $287,241
Fundraising Expenses $0
Program Expenses $54,249
Other Expenses $9,900
TOTAL EXPENSES $297,141

Year-over-Year Comparison

2024 2023 Change
Revenue $427,123 $-67,985 -7.3%
Expenses $297,141 $268,716 +0.1%
Net Income $129,982 $-336,701 -1.4%
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
23
Independent Members
23
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
3
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SORRONTO AUBREY VICE-CHAIR N/A
Officer Director
$0 $0 $0
LINDA BARNES MEMBER N/A
Director
$0 $0 $0
BRYAN BOLT MEMBER N/A
Director
$0 $0 $0
TRAVIS BUCHANAN MEMBER N/A
Director
$0 $0 $0
CHELSA CARR MEMBER N/A
Director
$0 $0 $0
JACK CROWLEY MEMBER N/A
Director
$0 $0 $0
ALAN GARRETT MEMBER N/A
Director
$0 $0 $0
JUANITA HARRIS MEMBER N/A
Director
$0 $0 $0
JOHN ALLEN HENDRICKS MEMBER N/A
Director
$0 $0 $0
DOLORES HENSLEY MEMBER N/A
Director
$0 $0 $0
ANTONIO HOOF MEMBER N/A
Director
$0 $0 $0
KARLENE HOOKER SECRETARY TR N/A
Officer Director
$0 $0 $0
LEDLY JENNINGS MEMBER N/A
Director
$0 $0 $0
STEVE JOPLIN MEMBER N/A
Director
$0 $0 $0
GENESE LAVALAIS MEMBER N/A
Director
$0 $0 $0
MELISSA LUDWIG MEMBER N/A
Director
$0 $0 $0
JUSTIN MORRIS MEMBER N/A
Officer Director
$0 $0 $0
ELIZABETH MYRICK MEMBER N/A
Director
$0 $0 $0
DEBORAH NIPPER MEMBER N/A
Director
$0 $0 $0
PARKER RIBBLE MEMBER N/A
Director
$0 $0 $0
HILTON STEWART MEMBER N/A
Director
$0 $0 $0
JERRY THOMAS MEMBER N/A
Director
$0 $0 $0
ETHAN YOUNG MEMBER N/A
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 $427,123 $297,141 $18,045,312 $129,982
2024 $-67,985 $268,716 $18,823,452 $-336,701
2023 $-104,023 $204,363 $19,727,021 $-308,386
2022 $-23,607 $279,314 $20,587,087 $-302,921
2021 $17,466 $264,780 $21,426,438 $-247,314
2020 $325,823 $332,889 $22,257,541 $-7,066
2019 $-25,087 $292,863 $22,843,908 $-317,950
2018 $202,121 $1,008,205 $14,401,479 $-806,084
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