ARKANSAS PRESS ASSOCIATION 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

1982

Legal Domicile

Principal Officer

ASHLEY WIMBERLEY

Phone

5013741500

Tax Period

2024-12-01 to 2025-11-30

ARKANSAS PRESS ASSOCIATION INC, founded in 1982, is a small nonprofit that reported $302K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $278K left a modest 8% surplus.

Mission

BUSINESS ASSOCIATION OF NEWSPAPERS LOCATED IN ARKANSAS

Program Service Accomplishments

Program 1

Expenses: $271,866 Revenue: $125,875

BUSINESS ASSOCIATION OF NEWSPAPERS LOCATED IN ARKANSAS

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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 (2024)

Revenue Breakdown

Contributions & Grants $151,187

Program Service Revenue $125,783

Investment Income $92

Other Revenue $24,870

TOTAL REVENUE $301,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,468

Fundraising Expenses $0

Program Expenses $271,866

Other Expenses $225,026

TOTAL EXPENSES $278,494

Year-over-Year Comparison

	2024	2023	Change
Revenue	$301,932	$381,643	-0.2%
Expenses	$278,494	$529,715	-0.5%
Net Income	$23,438	$-148,072	-1.2%

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

$153,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER ALLEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDREW BAGLEY	IMMEDIATE PAST PRESIDENT	1.00	Director	$0	$0	$0
BRENT A POWERS	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN ROBERT SCHIRMER	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY GULBAN	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY HOGG	DIRECTOR	1.00	Director	$0	$0	$0
LARRY KILLIAN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT LOFTIS	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY WIMBERLY	EXECUTIVE DIRECTOR	10.00	Officer	$0	$153,996	$153,996

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	$301,932	$278,494	$1,196,415	$23,438
2024	$381,643	$529,715	$1,151,266	$-148,072
2023	$314,431	$317,745	$1,254,479	$-3,314
2022	$245,016	$277,325	$1,236,133	$-32,309
2021	$179,925	$191,486	$1,277,181	$-11,561
2020	$177,602	$179,511	$1,284,612	$-1,909
2019	$210,174	$226,133	$1,313,775	$-15,959
2018	$356,691	$215,577	$1,025,531	$141,114