EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC (EIN 710655498) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

CHRIS BARBER

Phone

8709352871

Tax Period

2024-01-01 to 2024-12-31

EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC, founded in 1987, is a small nonprofit that reported $176K in total revenue in fiscal year 2018. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $623K exceeded revenue, resulting in a 255% operating deficit.

Mission

TO ASSIST IN THE DEVELOPMENT OF BUSINESS IN THE EASTERN ARKANSAS AREA

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $117,846

Program Service Revenue $2,000

Investment Income $65,465

Other Revenue $0

TOTAL REVENUE $185,311

Expense Breakdown

Grants Paid $51,800

Salaries & Benefits $402,361

Fundraising Expenses $0

Program Expenses $752,277

Other Expenses $374,302

TOTAL EXPENSES $828,463

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,311	$152,043	+0.2%
Expenses	$828,463	$650,042	+0.3%
Net Income	$-643,152	$-497,999	+0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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	Role	Reportable Comp	Other Comp	Total
CHRIS BARBER	CHAIRMAN	Director	$0	$0	$0
RODGER HURT	VICE CHAIRMAN	Director	$0	$0	$0
BRAD EDWARDS	TREASURER	Director	$0	$0	$0
MURRAY BENTON	BOARD	Director	$0	$0	$0
ALAN MORSE	BOARD	Director	$0	$0	$0
MARK YOUNG	BOARD	Officer Director	$0	$0	$0
JAMES BEST	BOARD	Director	$0	$0	$0
TONY SUPINE	BOARD	Director	$0	$0	$0
DAVID PEACOCK	SECRETARY	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
2024	$185,311	$828,463	$3,650,958	$-643,152
2023	$152,043	$650,042	$4,262,449	$-497,999
2022	$2,491,023	$894,773	$4,552,650	$1,596,250
2021	$681,989	$643,402	$3,087,173	$38,587
2020	$76,789	$643,854	$2,998,930	$-567,065
2019	$109,055	$611,165	$3,507,640	$-502,110
2018	$175,530	$623,425	$3,966,044	$-447,895

EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC