ARKANSAS ARCHEOLOGICAL SOCIETY

EIN: 710439179 501(c)(3)

Fayetteville, AR

Total Revenue
$55,918
Total Expenses
$53,926
Total Assets
$991,241
Net Assets
$991,241
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
AR
Principal Officer
Jannette Akridge
Phone
4795753557
Tax Period
2024-01-01 to 2024-12-31

ARKANSAS ARCHEOLOGICAL SOCIETY, founded in 1960, is a micro nonprofit that reported $56K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $54K left a modest 4% surplus.

Mission

The Arkansas Archeological Society was formed in 1960 for the purpose of uniting all persons interested in the archeology of Arkansas, for the recognition and preservation of our cultural heritage and prehistory, and for fostering and encouraging the public's interest in the preservation of the past.

Program Service Accomplishments

Program 1
Expenses: $9,598 Revenue: $5,009

Summer training program. Each summer society volunteers are taught the basics of archeological field work so they are able to assist the professional archeologists throughout the year. The training...

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Summer training program. Each summer society volunteers are taught the basics of archeological field work so they are able to assist the professional archeologists throughout the year. The training program is also a true research field study for the professionals. A different research location is every one to two years.

Program 2
Expenses: $9,022 Revenue: $1,148

Research articles publications. Newsletters and a Bulletin are published during the year. This keeps volunteers up to date on the research being done in the state and gives them an opportunity to see...

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Research articles publications. Newsletters and a Bulletin are published during the year. This keeps volunteers up to date on the research being done in the state and gives them an opportunity to see where volunteers may be needed. It also reports on the results of the volunteer efforts. The published assets also contain the information generated from grants.

Program 3
Expenses: $6,236 Revenue: $5,654

Each year the Arkansas Archeological Society holds its Annual Meeting. On Saturday, papers on current archeological topics are presented by professional and amateur archeologists from throughout...

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Each year the Arkansas Archeological Society holds its Annual Meeting. On Saturday, papers on current archeological topics are presented by professional and amateur archeologists from throughout Arkansas, in a 20-minute format, usually with slides. The annual Business Meeting is held Saturday morning. This is a chance for members to see the results of their volunteer activities. Canceled due to Covid19

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,637
Program Service Revenue $11,810
Investment Income $30,743
Other Revenue $-272
TOTAL REVENUE $55,918

Expense Breakdown

Grants Paid $12,007
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $36,863
Other Expenses $41,919
TOTAL EXPENSES $53,926

Year-over-Year Comparison

2024 2023 Change
Revenue $55,918 $59,601 -0.1%
Expenses $53,926 $58,064 -0.1%
Net Income $1,992 $1,537 +0.3%
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
11
Independent Members
11
Employees
N/A
Volunteers
550

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
11
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jannette Akridge Treasurer 10
Officer
$0 $0 $0
Glen Akridge Editor, Bulletin 10
Officer
$0 $0 $0
Jim Rees Past President 5
Officer
$0 $0 $0
Shayla Grimmett VP 5
Officer
$0 $0 $0
Gillian Bjornen VP 5
Officer
$0 $0 $0
Gary Knudsen Chair BOA 5
Officer
$0 $0 $0
Steve Jacober Record Sec. 5
Officer
$0 $0 $0
Anthony Newton VP 5
Officer
$0 $0 $0
Ruth O'Loughlin Site Steward Chair 5
Officer
$0 $0 $0
Liley Bozard VP 5
Officer
$0 $0 $0
Steve Longacre President 5
Officer
$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 $55,918 $53,926 $991,241 $1,992
2023 No data No data No data No data
2022 No data No data No data No data
2021 $33,442 $34,955 $990,084 $-1,513
2020 $65,643 $27,831 $954,722 $37,812
2019 $62,236 $62,352 $891,974 $-116
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