ARKANSAS ALUMNI ASSOCIATION INC

EIN: 710329821 501(c)(3) Education

FAYETTEVILLE, AR

Total Revenue
$2,871,539
Total Expenses
$2,357,603
Total Assets
$18,287,798
Net Assets
$16,751,898
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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
AR
Principal Officer
BRANDY COX JACKSON
Phone
4795755334
Tax Period
2022-07-01 to 2023-06-30

ARKANSAS ALUMNI ASSOCIATION INC, founded in 1960, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2022. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $514K, a strong 18% operating margin.

Mission

THE ARKANSAS ALUMNI ASSOCIATION CONNECTS AND SERVES THE UNIVERSITY OF ARKANSAS FAMILY.

Program Service Accomplishments

Program 1
Expenses: $1,248,409

SCHOLARSHIPS - EACH YEAR WE AWARD SCHOLARSHIPS TO STUDENTS. THERE ARE 556 STUDENTS THAT RECEIVED SCHOLARSHIP FUNDS DURING THE FISCAL YEAR. EACH YEAR WE ADD APPROXIMATELY 100 NEW STUDENTS TO THE...

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SCHOLARSHIPS - EACH YEAR WE AWARD SCHOLARSHIPS TO STUDENTS. THERE ARE 556 STUDENTS THAT RECEIVED SCHOLARSHIP FUNDS DURING THE FISCAL YEAR. EACH YEAR WE ADD APPROXIMATELY 100 NEW STUDENTS TO THE SCHOLARSHIP GROUP.

Program 2
Expenses: $262,102

MEMBERSHIP, MARKETING AND COMMUNICATIONS - WHILE THIS PROGRAM IS SEPARATED ON OUR FUNCTIONAL EXPENSES, THEY WORK HAND IN HAND TO SUPPORT OUR MEMBERSHIP. WE PROVIDE A QUARTERLY MAGAZINE TO ALL OF OUR...

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MEMBERSHIP, MARKETING AND COMMUNICATIONS - WHILE THIS PROGRAM IS SEPARATED ON OUR FUNCTIONAL EXPENSES, THEY WORK HAND IN HAND TO SUPPORT OUR MEMBERSHIP. WE PROVIDE A QUARTERLY MAGAZINE TO ALL OF OUR MEMBERS, A PERKS PROGRAM, T-SHIRTS AND OTHER ITEMS, AS WELL REGULAR ELECTRONIC COMMUNICATIONS SO THAT OUR MEMBERS CAN STAY CONNECTED TO THE AAA AND THE UNIVERSITY. WE HAVE BOTH ANNUAL AND LIFE MEMBERSHIP LEVELS. THERE ARE DISCOUNT LEVELS FOR RECENT GRADUATES AND THOSE WHO HAVE GRADUATED 40 YEARS PRIOR. WE ALSO HAVE STUDENT MEMBERS. AS OF 6/30/2023, WE HAD 7,619 ANNUAL MEMBERS, 7,887 LIFE MEMBERS AND 77 STUDENT MEMBERS.

Program 3
Expenses: $210,953 Revenue: $70,953

CHAPTERS AND SOCIETIES - WE HAVE 32 CHAPTERS AND 15 SOCIETIES. CHAPTERS ARE LOCATED IN DIFFERENT CITIES ACROSS THE WORLD WHILE SOCIETIES HAVE A LINK TO GROUPS ON CAMPUS. EACH OF THE GROUPS HOLD...

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CHAPTERS AND SOCIETIES - WE HAVE 32 CHAPTERS AND 15 SOCIETIES. CHAPTERS ARE LOCATED IN DIFFERENT CITIES ACROSS THE WORLD WHILE SOCIETIES HAVE A LINK TO GROUPS ON CAMPUS. EACH OF THE GROUPS HOLD EVENTS, REUNIONS AND UNITE ALUMNI OF THE UNIVERSITY OF ARKANSAS ALONG LIKE INTERESTS AND GROUPS. ATTENDING EVENTS DOES NOT REQUIRE MEMBERSHIP, BUT IT IS ENCOURAGED. WE ALSO PROVIDE SUPPORT TO OUR CAMPUS COMMUNITY THROUGH OUR CAMPUS PARTNER RELATIONSHIPS.

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,397,203
Program Service Revenue $122,795
Investment Income $100,154
Other Revenue $251,387
TOTAL REVENUE $2,871,539

Expense Breakdown

Grants Paid $1,248,409
Salaries & Benefits $102,570
Fundraising Expenses $3,655
Program Expenses $2,084,772
Other Expenses $1,006,624
TOTAL EXPENSES $2,357,603

Year-over-Year Comparison

2022 2021 Change
Revenue $2,871,539 $2,058,784 +0.4%
Expenses $2,357,603 $1,927,730 +0.2%
Net Income $513,936 $131,054 +2.9%
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
30
Independent Members
29
Employees
N/A
Volunteers
2477

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
5
$356,358
Total Directors
30
$224,957
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDY COX JACKSON EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $32,979 $224,957
RON RAINEY PAST-PRESIDENT 2.00
Officer Director
$0 $0 $0
DONALD E WALKER PRESIDENT 2.00
Officer Director
$0 $0 $0
KRISTEN COLLIER WRIGHT TREASURER 2.00
Officer Director
$0 $0 $0
TORI BOGNER DIRECTOR 2.00
Director
$0 $0 $0
KATHLEEN GONZALEZ DIRECTOR 2.00
Director
$0 $0 $0
CICILIA GROSSBERGER-MEDINA DIRECTOR 2.00
Director
$0 $0 $0
AMY MAY HOPPER DIRECTOR 2.00
Director
$0 $0 $0
REGINA D HOPPER DIRECTOR 2.00
Director
$0 $0 $0
CHRIS JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
BOBBY W JONES DIRECTOR 2.00
Director
$0 $0 $0
FAHEEM KHAN DIRECTOR 2.00
Director
$0 $0 $0
ROBERT KOENIG DIRECTOR 2.00
Director
$0 $0 $0
CONNIE LEWIS LENSING DIRECTOR 2.00
Director
$0 $0 $0
NATE LOONEY DIRECTOR 2.00
Director
$0 $0 $0
COURTNEY BACKUS NORTON DIRECTOR 2.00
Director
$0 $0 $0
WES SHIRLEY DIRECTOR 2.00
Director
$0 $0 $0
OLIVER SIMS DIRECTOR 2.00
Director
$0 $0 $0
BILL STOVALL DIRECTOR 2.00
Director
$0 $0 $0
KRISTINE WALSH STOVER DIRECTOR 2.00
Director
$0 $0 $0
CAMERON SUTHERLAND DIRECTOR 2.00
Director
$0 $0 $0
CEDRIC WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
SHAMBREKIA WISE DIRECTOR 2.00
Director
$0 $0 $0
RICHARD WELCHER DIRECTOR 2.00
Director
$0 $0 $0
HEBA ABDELAAL DIRECTOR 2.00
Director
$0 $0 $0
STEVE BERNER DIRECTOR 2.00
Director
$0 $0 $0
JUDY SIMMONS HENRY DIRECTOR 2.00
Director
$0 $0 $0
LAUREN LOVE DIRECTOR 2.00
Director
$0 $0 $0
DANIEL MCFARLAND DIRECTOR 2.00
Director
$0 $0 $0
SARAH HUDSON DIRECTOR 2.00
Director
$0 $0 $0
HAL PRESCOTT DIRECTOR OF FINANCE 40.00
Officer
$0 $17,260 $131,401
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 No data No data No data No data
2023 $2,871,539 $2,357,603 $18,287,798 $513,936
2022 $2,058,784 $1,927,730 $16,868,621 $131,054
2021 $2,229,520 $1,671,110 $18,244,463 $558,410
2020 $2,077,157 $1,908,952 $14,561,052 $168,205
2019 $2,299,922 $2,084,278 $14,243,547 $215,644
2018 $5,741,397 $4,109,104 $13,408,896 $1,632,293
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