NWA Industries for Education

EIN: 710804058 501(c)(3) Education

Springdale, AR

Total Revenue
$453,082
Total Expenses
$441,072
Total Assets
$828,250
Net Assets
$803,308
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
AR
Tax Period
2023-01-01 to 2023-12-31

NWA INDUSTRIES FOR EDUCATION, founded in 2001, is a small nonprofit in the Education sector that reported $279K in total revenue in fiscal year 2018. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $251K left a modest 10% surplus.

Mission

NWA Industries for Education assists in providing and improving training opportunities for existing employees and employers in the areas of industry-specific employment skills and advanced technologies.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $40,507
Program Service Revenue $410,009
Investment Income $2,566
Other Revenue $0
TOTAL REVENUE $453,082

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,451
Fundraising Expenses $0
Program Expenses $396,117
Other Expenses $214,621
TOTAL EXPENSES $441,072

Year-over-Year Comparison

2023 2022 Change
Revenue $453,082 $610,083 -0.3%
Expenses $441,072 $353,178 +0.2%
Net Income $12,010 $256,905 -1.0%
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
12
Independent Members
12
Employees
11
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
4
$57,664
Total Directors
10
$57,664
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie McAllaster Executive Director 40.00
Officer Director
$57,664 $0 $57,664
William Hada Board Member 0.50
Director
$0 $0 $0
Frank Blowers Board Member 0.50
Director
$0 $0 $0
Randall Harriman Board Member 0.50
Director
$0 $0 $0
Ginger Lamar Board Member 0.50
Director
$0 $0 $0
Elmer Rodriquez Board Member 0.50
Director
$0 $0 $0
Synthia Ford Board Member 0.50
Director
$0 $0 $0
Dewey Folck Board Member 0.50
Director
$0 $0 $0
Rodney Ellis Board Member 0.50
Director
$0 $0 $0
Robin Barker Board Member 0.50
Director
$0 $0 $0
Jonathan King President 1.00
Officer
$0 $0 $0
Scott Loughry Vice President 1.00
Officer
$0 $0 $0
Jennifer Hodge Treasurer 1.00
Officer
$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 No data No data No data No data
2023 $453,082 $441,072 $828,250 $12,010
2022 $610,083 $353,178 $820,665 $256,905
2021 $438,239 $304,874 $563,388 $133,365
2020 $245,119 $254,508 $467,537 $-9,389
2019 $347,737 $384,447 $418,214 $-36,710
2018 $279,018 $251,144 $452,063 $27,874
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