ARKANSAS' INDEPENDENT COLLEGES & UNIVERSITIES (EIN 710266514) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

ANDREW GOODMAN

Phone

5013780843

Tax Period

2023-07-01 to 2024-06-30

ARKANSAS' INDEPENDENT COLLEGES & UNIVERSITIES, founded in 1998, is a small nonprofit in the Education sector that reported $585K in total revenue in fiscal year 2017. Revenue decreased 17% compared to the prior year.

Mission

SUPPORT OF PRIVATE COLLEGES LOCATED IN ARKANSAS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $488,299

Program Service Revenue $0

Investment Income $15,490

Other Revenue $0

TOTAL REVENUE $503,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,491

Fundraising Expenses $54,955

Program Expenses $324,314

Other Expenses $64,593

TOTAL EXPENSES $493,410

Year-over-Year Comparison

	2023	2022	Change
Revenue	$503,789	$501,608	+0.0%
Expenses	$493,410	$471,665	+0.0%
Net Income	$10,379	$29,943	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$97,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW GOODMAN	PRESIDENT	40.00	Officer	$97,500	$0	$97,500
ELLIS ARNOLD	TRUSTEE	N/A	Director	$0	$0	$0
RICH DUNSWORTH	TRUSTEE	N/A	Director	$0	$0	$0
RICHARD JOHNSON	TRUSTEE	N/A	Director	$0	$0	$0
TERRY KIMBROW	TRUSTEE	N/A	Director	$0	$0	$0
STAN NORMAN	TRUSTEE	N/A	Director	$0	$0	$0
KYLE PARKER	TRUSTEE	N/A	Director	$0	$0	$0
CHARLES POLLARD	TRUSTEE	N/A	Director	$0	$0	$0
BEN SELLS	CHAIRMAN	N/A	Director	$0	$0	$0
RODERICK SMOTHERS	TRUSTEE	N/A	Director	$0	$0	$0
MELISSA TAVERNER	TRUSTEE	N/A	Director	$0	$0	$0
MIKE WILLIAMS	TRUSTEE	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
2024	$503,789	$493,410	$362,055	$10,379
2023	$501,608	$471,665	$337,881	$29,943
2022	$389,494	$347,791	$303,271	$41,703
2021	$468,292	$448,623	$298,662	$19,669
2020	$445,469	$459,360	$319,423	$-13,891
2019	$601,796	$570,292	$270,331	$31,504
2018	$585,105	$580,157	$229,219	$4,948

ARKANSAS' INDEPENDENT COLLEGES & UNIVERSITIES