ARKANSAS STATE EMPLOYEES ASSOCIATI… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

JOHN BRIDGES

Phone

5013780187

Tax Period

2024-07-01 to 2025-06-30

ARKANSAS STATE EMPLOYEES ASSOCIATION INC, founded in 1968, is a small nonprofit that reported $909K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $238K, a strong 26% operating margin.

Mission

THE ARKANSAS STATE EMPLOYEES ASSOCIATION IS AN INDEPENDENT ORGANIZATION WORKING TOWARD THE BETTERMENT OF STATE GOVERNMENT AND STATE EMPLOYEES.

Program Service Accomplishments

Program 1

THE ARKANSAS STATE EMPLOYEES ASSOCIATION (ASEA'S) FISCAL YEAR END 06/30/2025 HIGHLIGHTS INCLUDED: ASEA HAD SEVERAL LEGISLATIVE ACCOMPLISHMENTS IN 2025 LED BY THE PASSAGE OF A 134 MILLION PAY PLAN AND THE ADDITION OF BEREAVEMENT LEAVE TO THE STATE EMPLOYEE BENEFIT PACKAGE. ASEA AWARDED A RECORD 60,000 IN SCHOLARSHIPS IN 2025 BRINGING THE FIVE-YEAR TOTAL TO 176,000. 18,250 WAS AWARDED TO OUR MEMBERS FAMILIES IN THE FORM OF FUNERAL ASSISTANCE PAYMENTS, 12,600 WAS AWARDED IN FURLOUGH ASSISTANCE PAYMENTS TO OUR MEMBERS THAT LOST INCOME DUE TO THE FEDERAL GOVERNMENT SHUTDOWN, AND LASTLY WE SPENT 9,350 SPONSORING STATE EMPLOYEE EDUCATIONAL CONFERENCES AND EMPLOYEE RECOGNITION AWARDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $437,912

Program Service Revenue $456,306

Investment Income $15,165

Other Revenue $0

TOTAL REVENUE $909,383

Expense Breakdown

Grants Paid $44,750

Salaries & Benefits $514,040

Fundraising Expenses $0

Other Expenses $112,520

TOTAL EXPENSES $671,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$909,383	$795,321	+0.1%
Expenses	$671,310	$652,825	+0.0%
Net Income	$238,073	$142,496	+0.7%

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

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

$114,385

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BRIDGES	EXECUTIVE DI	40.00	Officer	$114,385	$0	$114,385
JEFF JACKSON	IMMED PAST P	0.70	Officer Director	$0	$0	$0
DONA BOWRY	PRESIDENT	0.70	Officer Director	$0	$0	$0
HOLLI PATRICK	VICE PRESIDE	0.70	Officer Director	$0	$0	$0
CHASITY LUCAS	SECRETARY	0.70	Officer Director	$0	$0	$0
JIM ABSON	BOARD MEMBER	0.70	Director	$0	$0	$0
LOY BAILEY	BOARD MEMBER	0.70	Director	$0	$0	$0
JUDY BEATTY	BOARD MEMBER	0.70	Director	$0	$0	$0
HEINZ BRAUN	BOARD MEMBER	0.70	Director	$0	$0	$0
JACQUELINE CARADINE	BOARD MEMBER	0.70	Director	$0	$0	$0
CURT CARSON	BOARD MEMBER	0.70	Director	$0	$0	$0
ALYSSA DUGGAN	BOARD MEMBER	0.70	Director	$0	$0	$0
CHARLES ELLIOTT	BOARD MEMBER	0.70	Director	$0	$0	$0
JANICE GRIFFIN	BOARD MEMBER	0.70	Director	$0	$0	$0
DOROTHY HENDERSON	BOARD MEMBER	0.70	Director	$0	$0	$0
JERRY JONES	BOARD MEMBER	0.70	Director	$0	$0	$0
MARY MCGEHEE	BOARD MEMBER	0.70	Director	$0	$0	$0
BOB MCQUADE	BOARD MEMBER	0.70	Director	$0	$0	$0
GREG MURRAY	BOARD MEMBER	0.70	Director	$0	$0	$0
LISA RHODES	BOARD MEMBER	0.70	Director	$0	$0	$0
CLAYTON ROGERS	BOARD MEMBER	0.70	Director	$0	$0	$0
TONIESHA SARGENT	BOARD MEMBER	0.70	Director	$0	$0	$0
JAMES SCOTT	BOARD MEMBER	0.70	Director	$0	$0	$0
LAURA SHERWOOD	BOARD MEMBER	0.70	Director	$0	$0	$0
JENNIFER SICCARDI	BOARD MEMBER	0.70	Director	$0	$0	$0
CELESTE SORRELLS	BOARD MEMBER	0.70	Director	$0	$0	$0
MATTHEW THOMAS	BOARD MEMBER	0.70	Director	$0	$0	$0
GARY WALLACE	BOARD MEMBER	0.70	Director	$0	$0	$0
BRANDY WATKINS	BOARD MEMBER	0.70	Director	$0	$0	$0
JESSICA ZIMMERMAN	BOARD MEMBER	0.70	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	$909,383	$671,310	$2,528,051	$238,073
2024	$795,321	$652,825	$2,288,701	$142,496
2023	$917,527	$588,995	$2,145,454	$328,532
2022	$894,914	$686,672	$1,816,921	$208,242
2021	$803,667	$685,348	$1,608,681	$118,319
2020	$825,059	$693,233	$1,490,360	$131,826
2019	$822,164	$781,697	$1,358,537	$40,467
2018	$847,626	$816,994	$1,319,972	$30,632

ARKANSAS STATE EMPLOYEES ASSOCIATION INC