ARKANSAS ARCHEOLOGICAL SOCIETY (EIN 710439179) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

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 $62K in total revenue in fiscal year 2019. Revenue fell 77% from the prior year — a significant decline worth monitoring. Net assets of $892K represent 172 months of operating reserves.

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.

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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%)

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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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

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

Total Directors

Key Employees

Highest Compensated

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

ARKANSAS ARCHEOLOGICAL SOCIETY