THE ECONOMIC DEV ALLIANCE OF JEFFERSON CO AR

EIN: 710765850

PINE BLUFF, AR

Total Revenue
$1,236,966
Total Expenses
$1,224,615
Total Assets
$8,378,877
Net Assets
$8,168,915
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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
1995
Legal Domicile
AR
Principal Officer
ALLISON JH THOMPSON
Phone
8705350110
Tax Period
2024-01-01 to 2024-12-31

THE ECONOMIC DEV ALLIANCE OF JEFFERSON CO AR, founded in 1995, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $8.2M represent 79 months of operating reserves.

Mission

COMMUNITY DEVELOPMENT/GROWTH

Program Service Accomplishments

Program 1
Expenses: $553,575 Revenue: $1,017,453

TO ENHANCE THE QUALITY OF LIFE, IMPROVE COMMUNITY DEVELOPMENT, SUPPORT ECONOMIC GROWTH, RETAIN, EXPAND, ATTRACT OR CREATE WEALTH, JOBS AND INCREASED ECONOMIC ACTIVITY WITHIN THE COUNTY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $159,800
Program Service Revenue $1,017,453
Investment Income $59,713
Other Revenue $0
TOTAL REVENUE $1,236,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $658,516
Fundraising Expenses $0
Program Expenses $553,575
Other Expenses $566,099
TOTAL EXPENSES $1,224,615

Year-over-Year Comparison

2024 2023 Change
Revenue $1,236,966 $1,354,431 -0.1%
Expenses $1,224,615 $1,166,038 +0.1%
Net Income $12,351 $188,393 -0.9%
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

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Governance

Voting Members
11
Independent Members
11
Employees
7
Volunteers
11

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
5
$272,829
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC OUDIN JR DIRECTOR 0.00
Officer Director
$0 $0 $0
TIM DEJARNETTE CHAIRMAN 0.00
Officer Director
$0 $0 $0
LAURENCE B ALEXANDER DIRECTOR 0.00
Director
$0 $0 $0
DUKE FAKOURI DIRECTOR 0.00
Director
$0 $0 $0
STEVEN BROWN SECRETARY/TREASURER 0.00
Officer Director
$0 $0 $0
FORD TROTTER DIRECTOR 0.00
Director
$0 $0 $0
BRYAN ROBINSON DIRECTOR 0.00
Director
$0 $0 $0
CHAD PITTILLO VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
JOHN LAWSON DIRECTOR 0.00
Director
$0 $0 $0
JEFF VANDERPOOL EX-OFFICIO DIRECTOR 0.00
Director
$0 $0 $0
JAMIE MCCOMBS EX-OFFICIO DIRECTOR 0.00
Director
$0 $0 $0
ALLISON JH THOMPSON PRESIDENT/CEO 40.00
Officer
$248,064 $24,765 $272,829
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 No data No data No data No data
2024 $1,236,966 $1,224,615 $8,378,877 $12,351
2023 $1,354,431 $1,166,038 $8,406,929 $188,393
2022 $1,234,298 $1,105,733 $8,168,235 $128,565
2021 $1,031,661 $1,053,958 $8,053,043 $-22,297
2020 $822,561 $988,884 $8,026,433 $-166,323
2019 $1,712,330 $1,090,571 $8,217,530 $621,759
2018 $1,392,526 $1,094,215 $7,593,372 $298,311
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