ARKANSAS TOURISM & HOSPITALITY EDUCATION FOUNDATION

EIN: 710827157 501(c)(3) Education

LITTLE ROCK, AR

Total Revenue
$32,001
Total Expenses
$16,000
Total Assets
$148,403
Net Assets
$144,385
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
AR
Principal Officer
KATIE BECK
Phone
5013762323
Tax Period
2023-01-01 to 2023-12-31

ARKANSAS TOURISM & HOSPITALITY EDUCATION FOUNDATION, founded in 1999, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $16K, a strong 50% operating margin.

Mission

TO ENCOURAGE PERSONS TO EMBARK ON OR CONTINUE IN A CAREER IN THE FOOD SERVICE, TOURISM, OR HOSPITALITY INDUSTRIES IN ARKANSAS THROUGH (A) AWARDING SCHOLARSHIPS, GRANTS AND ENDOWMENTS FOR STUDENTS ENROLLED IN A COURSE OR CURRICULUM INVOLVING FOOD SERVICE, TOURISM OR HOSPITALITY MANAGEMENT AND (B) PROMOTING AND PROVIDING FOR THE EDUCATION AND UNDERSTANDING OF THE GENERAL PUBLIC, INCLUDING PERSONS INVOLVED IN THE FOOD SERIVCE, TOURISM AND HOSPITALITY INDUSTRIES, ABOUT CAREER OPPORTUNITIES AVAILABLE IN ARKANSAS.

Program Service Accomplishments

Program 1
Expenses: $16,000

PROVIDE ACADEMIC SCHOLARSHIPS TO STUDENTS IN FIELDS OF STUDY WITHIN THE TOURISM AND HOSPITALITY INDUSTRIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $31,311
Program Service Revenue $0
Investment Income $690
Other Revenue $0
TOTAL REVENUE $32,001

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,000
Other Expenses $16,000
TOTAL EXPENSES $16,000

Year-over-Year Comparison

2023 2022 Change
Revenue $32,001 $27,881 +0.1%
Expenses $16,000 $24,000 -0.3%
Net Income $16,001 $3,881 +3.1%
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
3
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM SHAMBURGER JR President 0.00
Officer Director
$0 $0 $0
SHELBY WOODS Vice President 0.00
Officer Director
$0 $0 $0
KATIE BECK SECRETARY/TREAS 0.00
Officer 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 No data No data No data No data
2023 $32,001 $16,000 $148,403 $16,001
2022 $27,881 $24,000 $132,402 $3,881
2021 $66,266 $31,062 $128,521 $35,204
2020 $35,054 $21,241 $91,036 $13,813
2019 $43,080 $67,229 $77,173 $-24,149
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