UNIVERSITY OF CENTRAL AR FOUNDATION INC

EIN: 710550590 501(c)(3) Education

CONWAY, AR

Total Revenue
$11,295,436
Total Expenses
$9,756,208
Total Assets
$108,630,897
Net Assets
$93,847,292
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
AR
Principal Officer
CHAD HEARNE
Phone
5014505288
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY OF CENTRAL AR FOUNDATIONINC, founded in 1981, is a mid-sized nonprofit in the Education sector that reported $12.1M in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.8M, a strong 31% operating margin.

Mission

THE FOUNDATION SOLICITS AND MANAGES ENDOWMENT FUNDS FOR SCHOLARSHIPS, UNIVERSITY PROGRAMS, AND OTHER UNIVERSITY NEEDS. IT ALSO SOLICITS AND DISTRIBUTES RESTRICTED FUNDS FOR UNIVERSITY PROGRAMS, BUILDINGS, AND FUNDS FOR CURRENT OPERATING NEEDS OF THE FOUNDATION AND THE UNIVERSITY.

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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 $6,949,807
Program Service Revenue $0
Investment Income $4,313,486
Other Revenue $32,143
TOTAL REVENUE $11,295,436

Expense Breakdown

Grants Paid $2,842,853
Salaries & Benefits $3,514,199
Fundraising Expenses $259,115
Program Expenses $8,457,266
Other Expenses $3,371,581
TOTAL EXPENSES $9,756,208

Year-over-Year Comparison

2024 2023 Change
Revenue $11,295,436 $14,961,219 -0.2%
Expenses $9,756,208 $10,389,273 -0.1%
Net Income $1,539,228 $4,571,946 -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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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
100

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
4
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRET CARROLL CHAIR 10.00
Officer Director
$0 $0 $0
LINDSAY HENDERSON VICE CHAIR 10.00
Officer Director
$0 $0 $0
DREW MAY SECRETARY 10.00
Officer Director
$0 $0 $0
SUSAN RICHARDS TREASURER 10.00
Officer Director
$0 $0 $0
BRAD HEGEMAN PAST CHAIR 10.00
Director
$0 $0 $0
TIFFANY CHILDERS DIRECTOR 10.00
Director
$0 $0 $0
DR RENEE CRATER DIRECTOR 10.00
Director
$0 $0 $0
CHRIS HERVEY DIRECTOR 10.00
Director
$0 $0 $0
DREW GAINOR DIRECTOR 10.00
Director
$0 $0 $0
ANN KINDER DIRECTOR 10.00
Director
$0 $0 $0
MELISSA METHENY DIRECTOR 10.00
Director
$0 $0 $0
DR TONY MANNING DIRECTOR 10.00
Director
$0 $0 $0
ELIZABETH BLANKENSHIP DIRECTOR 10.00
Director
$0 $0 $0
KENNY KINLEY DIRECTOR 10.00
Director
$0 $0 $0
DEXTER PEARSON DIRECTOR 10.00
Director
$0 $0 $0
LORI ROSS DIRECTOR 10.00
Director
$0 $0 $0
MICHAEL MURRY DIRECTOR 10.00
Director
$0 $0 $0
LORI MELTON DIRECTOR 10.00
Director
$0 $0 $0
BRADLEY MULLINS DIRECTOR 10.00
Director
$0 $0 $0
SHANNON HENDRIX DIRECTOR 10.00
Director
$0 $0 $0
DAPHNE MCBETH DIRECTOR 10.00
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 $11,295,436 $9,756,208 $108,630,897 $1,539,228
2024 $14,961,219 $10,389,273 $103,153,466 $4,571,946
2023 $21,563,728 $9,280,371 $90,785,071 $12,283,357
2022 $12,983,167 $8,291,403 $76,302,395 $4,691,764
2021 $15,877,456 $6,744,598 $99,602,345 $9,132,858
2020 $30,564,552 $27,439,356 $82,881,608 $3,125,196
2019 $12,053,990 $8,282,810 $63,097,275 $3,771,180
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