ARKANSAS FOODBANK

EIN: 710596734 501(c)(3) Food, Agriculture & Nutrition

LITTLE ROCK, AR

Total Revenue
$85,175,406
Total Expenses
$84,386,553
Total Assets
$43,179,805
Net Assets
$42,203,292
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
AR
Principal Officer
ALETHEA MAYS
Phone
5015658121
Tax Period
2024-07-01 to 2025-06-30

ARKANSAS FOODBANK, founded in 1984, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $45.2M in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE ARKANSAS FOODBANK ACQUIRES, THROUGH LOCAL AND NATIONAL PARTNERSHIPS, LARGE QUANTITIES OF FOOD AND OTHER RESOURCES TO DISTRIBUTE TO HUNGRY PEOPLE IN THE STATE OF ARKANSAS. THE ARKANSAS FOODBANK SUPPORTS PROGRAMS FOR CHILDREN AS WELL AS LOCAL FOOD DISTRIBUTION AGENCIES.

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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 $10,544,156
Program Service Revenue $71,429,326
Investment Income $3,140,718
Other Revenue $61,206
TOTAL REVENUE $85,175,406

Expense Breakdown

Grants Paid $512,594
Salaries & Benefits $5,961,882
Fundraising Expenses $2,162,309
Program Expenses $79,722,625
Other Expenses $77,082,368
TOTAL EXPENSES $84,386,553

Year-over-Year Comparison

2024 2023 Change
Revenue $85,175,406 $74,819,785 +0.1%
Expenses $84,386,553 $74,738,234 +0.1%
Net Income $788,853 $81,551 +8.7%
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
112
Volunteers
11213

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
6
$895,449
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARHONDA LOVE PRESIDENT 1.00
Director
$0 $0 $0
CLIFF MCKINNEY VICE PRESIDENT 1.00
Director
$0 $0 $0
TRENT ROBERTS TREASURER 1.00
Director
$0 $0 $0
ASHLEY WIMBERLEY SECRETARY 1.00
Director
$0 $0 $0
ASHTEN ADAMSON MEMBER 1.00
Director
$0 $0 $0
SHARMANE ANDREWS MEMBER 1.00
Director
$0 $0 $0
JOE COPELAND MEMBER 1.00
Director
$0 $0 $0
DARON FREDERICK MEMBER 1.00
Director
$0 $0 $0
CHARLES GLASIER MEMBER 1.00
Director
$0 $0 $0
ANTON JANIK MEMBER 1.00
Director
$0 $0 $0
GERRY JONES MEMBER 1.00
Director
$0 $0 $0
MATT MCDANIEL MEMBER 1.00
Director
$0 $0 $0
LARRY MILLER MEMBER 1.00
Director
$0 $0 $0
WILL MONTGOMERY MEMBER 1.00
Director
$0 $0 $0
AARON MURPHY MEMBER 1.00
Director
$0 $0 $0
KATHRYN ROBERTS MEMBER 1.00
Director
$0 $0 $0
HALLIE SHOFFNER MEMBER 1.00
Director
$0 $0 $0
NEIL SLOAN MEMBER 1.00
Director
$0 $0 $0
MARIA SMEDLEY MEMBER 1.00
Director
$0 $0 $0
LAUREN WALDRIP MEMBER 1.00
Director
$0 $0 $0
MAGGIE YOUNG MEMBER 1.00
Director
$0 $0 $0
BRIAN BURTON CEO 40.00
Officer
$227,912 $17,568 $245,480
ERIC SHELBY COO 40.00
Officer
$141,563 $12,933 $154,496
CRENISHA FRANCE CIO 40.00
Officer
$124,470 $12,190 $136,660
GREG FURR INTERIM CFO 40.00
Officer
$107,951 $5,438 $113,389
EMILY PIECHOCKI CDO 40.00
Officer
$108,579 $4,661 $113,240
SHERRI JONES CPO 40.00
Officer
$117,961 $14,223 $132,184
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 $85,175,406 $84,386,553 $43,179,805 $788,853
2024 $74,819,785 $74,738,234 $42,867,609 $81,551
2023 $33,987,370 $39,082,355 $42,233,430 $-5,094,985
2022 $74,162,159 $76,467,606 $42,871,092 $-2,305,447
2021 $77,056,915 $71,315,745 $47,278,438 $5,741,170
2020 $80,337,318 $62,764,401 $43,559,820 $17,572,917
2019 $48,757,738 $46,686,334 $26,528,971 $2,071,404
2018 $45,246,687 $44,567,069 $23,045,552 $679,618
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