East Arkansas Planning & Development District

EIN: 710401473

Jonesboro, AR

Total Revenue
$1,720,189
Total Expenses
$1,522,109
Total Assets
$4,008,880
Net Assets
$3,929,266
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
AR
Principal Officer
James Morgan
Phone
8709323957
Tax Period
2024-07-01 to 2025-06-30

East Arkansas Planning & Development District, founded in 1968, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2017. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $1.7M left a modest 8% surplus.

Mission

Economic development in twelve counties in East Arkansas

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $286,184
Program Service Revenue $1,388,266
Investment Income $45,739
Other Revenue $0
TOTAL REVENUE $1,720,189

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,023,147
Fundraising Expenses $0
Program Expenses $1,181,661
Other Expenses $498,962
TOTAL EXPENSES $1,522,109

Year-over-Year Comparison

2024 2023 Change
Revenue $1,720,189 $820,848 +1.1%
Expenses $1,522,109 $826,937 +0.8%
Net Income $198,080 $-6,089 -33.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
39
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
1
$81,510
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Morgan Executive Director 40.00
Officer
$81,510 $0 $81,510
Mike Patterson Board Member 1.00
Director
$0 $0 $0
Woody Wheeless 2nd Vice President 1.00
Director
$0 $0 $0
Marvin Day Board Member 1.00
Director
$0 $0 $0
Charles Snapp Board Member 1.00
Director
$0 $0 $0
Rusty McMillon 1st Vice President 1.00
Director
$0 $0 $0
Jennifer Hobbs President 1.00
Director
$0 $0 $0
Craig Jones Board Member 1.00
Director
$0 $0 $0
Terry Sandefer Board Member 1.00
Director
$0 $0 $0
Clark Hall Board Member 1.00
Director
$0 $0 $0
Ben Wicker Board Member 1.00
Director
$0 $0 $0
Gary Barnhill Board Member 1.00
Director
$0 $0 $0
JC Carter Board Member 1.00
Director
$0 $0 $0
Lynn Blake Board Member 1.00
Director
$0 $0 $0
Christopher Franklin Board Member 1.00
Director
$0 $0 $0
Larry Bryant Board Member 1.00
Director
$0 $0 $0
Ora Stevens Board Member 1.00
Director
$0 $0 $0
Tracy Brick Secretary 1.00
Director
$0 $0 $0
Keith Futrell Board Member 1.00
Director
$0 $0 $0
Bevin Hunter Board Member 1.00
Director
$0 $0 $0
Danny Johnson Board Member 1.00
Director
$0 $0 $0
Charles McCollum Board Member 1.00
Director
$0 $0 $0
Dianne Neill Board Member 1.00
Director
$0 $0 $0
John Nelson Board Member 1.00
Director
$0 $0 $0
Dan Shaw Treasurer 1.00
Director
$0 $0 $0
Emily Sisco Board Member 1.00
Director
$0 $0 $0
Lisa Hicks-Gilbert Board Member 1.00
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 $1,720,189 $1,522,109 $4,008,880 $198,080
2024 No data No data No data No data
2023 $1,291,564 $1,087,638 $4,013,837 $203,926
2022 $2,344,234 $1,500,986 $5,026,652 $843,248
2021 $2,192,348 $1,850,606 $4,264,270 $341,742
2020 $1,647,278 $1,742,463 $4,009,878 $-95,185
2019 $1,761,135 $1,644,225 $4,161,455 $116,910
2018 $1,831,689 $1,684,035 $4,658,953 $147,654
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