ARKANSAS COUNCIL ON ECONOMIC EDUCATION

EIN: 716058254 501(c)(3) Youth Development

LITTLE ROCK, AR

Total Revenue
$865,362
Total Expenses
$1,186,386
Total Assets
$463,791
Net Assets
$289,337
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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
AR
Principal Officer
RANDI CHAMBERS
Phone
5016824230
Tax Period
2024-06-01 to 2025-05-31

Arkansas Council on Economic Education, founded in 1962, is a small nonprofit in the Youth Development sector that reported $882K in total revenue in fiscal year 2017. Expenses of $785K left a modest 11% surplus.

Mission

TO INCREASE THE ECONOMIC LITERACY OF PREK-12TH GRADE STUDENTS IN ARKANSAS.

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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 $877,577
Program Service Revenue $26,730
Investment Income $6,549
Other Revenue $-45,494
TOTAL REVENUE $865,362

Expense Breakdown

Grants Paid $70,490
Salaries & Benefits $617,922
Fundraising Expenses $57,208
Program Expenses $863,495
Other Expenses $497,974
TOTAL EXPENSES $1,186,386

Year-over-Year Comparison

2024 2023 Change
Revenue $865,362 $1,156,046 -0.3%
Expenses $1,186,386 $1,133,314 +0.0%
Net Income $-321,024 $22,732 -15.1%
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
46
Independent Members
46
Employees
7
Volunteers
129

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
9
$156,207
Total Directors
57
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN LAWSON EXECUTIVE DIRECTOR 50.00
Officer
$138,752 $7,059 $156,207
HEATHER JONES CHAIRMAN 0.80
Officer Director
$0 $0 $0
LORRIE TROGDEN VICE CHAIRMAN 0.10
Officer Director
$0 $0 $0
DR KAREN WALTERS PRESIDENT 0.50
Officer Director
$0 $0 $0
PHILLIP CARLOCK VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MEREDITH MOLL SECRETARY 0.20
Officer Director
$0 $0 $0
RANDI CHAMBERS TREASURER 0.80
Officer Director
$0 $0 $0
MATT WAHL VICE TREASURER 0.10
Officer Director
$0 $0 $0
ROBYN BRESHEARS IMMEDIATE PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
POLLY M JACKSON HONORARY DIRECTOR 0.00
Director
$0 $0 $0
BOB WATSON LIFETIME BOARD MEMBER 0.00
Director
$0 $0 $0
JIM WALTON LIFETIME BOARD MEMBER 0.00
Director
$0 $0 $0
DAVID WALT LIFETIME BOARD MEMBER 0.00
Director
$0 $0 $0
DR JIM ROLLINS LIFETIME BOARD MEMBER 0.00
Director
$0 $0 $0
HOLLY LENDERMAN DIRECTOR 0.10
Director
$0 $0 $0
DR DAVID RANKIN HONORARY DIRECTOR 0.00
Director
$0 $0 $0
DR TIFFANY BONE DIRECTOR 0.10
Director
$0 $0 $0
DR CELYA TAYLOR DIRECTOR 0.10
Director
$0 $0 $0
SUSANNAH MARSHALL DIRECTOR 0.10
Director
$0 $0 $0
WILLIAM B FISHER LIFETIME BOARD MEMBER 0.00
Director
$0 $0 $0
ERIC MUNSON DIRECTOR 0.10
Director
$0 $0 $0
DR BENNY GOODEN LIFETIME BOARD MEMBER 0.05
Director
$0 $0 $0
ALLISON RICHARDSON DIRECTOR 0.10
Director
$0 $0 $0
LEANN HELMS DIRECTOR 0.10
Director
$0 $0 $0
DR LEE SMITH DIRECTOR 0.10
Director
$0 $0 $0
NAKESHA CUNNINGHAM DIRECTOR 0.10
Director
$0 $0 $0
JOHN WOOTEN DIRECTOR 0.10
Director
$0 $0 $0
PATRICK WILSON DIRECTOR 0.10
Director
$0 $0 $0
JAY MEADOR DIRECTOR 0.10
Director
$0 $0 $0
ANDREA LEWIS DIRECTOR 0.10
Director
$0 $0 $0
DEVIN BATES DIRECTOR 0.10
Director
$0 $0 $0
LINDSAY CARTER DIRECTOR 0.10
Director
$0 $0 $0
JACOB OLIVA DIRECTOR 0.10
Director
$0 $0 $0
JIM WOOTEN DIRECTOR 0.10
Director
$0 $0 $0
ROGERS FORD LIFETIME BOARD MEMBER 0.00
Director
$0 $0 $0
JIM ANDREWS DIRECTOR 0.10
Director
$0 $0 $0
JANE ENGLISH DIRECTOR 0.10
Director
$0 $0 $0
DAVID HUMPHREY DIRECTOR 0.10
Director
$0 $0 $0
JOHN SKIPPER WARD DIRECTOR 0.10
Director
$0 $0 $0
DR DONALD R BOBBITT DIRECTOR 0.10
Director
$0 $0 $0
MATUSCHKA LINDO BRIGGS DIRECTOR 0.10
Director
$0 $0 $0
PERRY WILSON DIRECTOR 0.25
Director
$0 $0 $0
CE NED HENDRIX III DIRECTOR 0.10
Director
$0 $0 $0
DR BRENT D WILLIAMS DIRECTOR 0.10
Director
$0 $0 $0
JOHNNY KEY DIRECTOR 0.10
Director
$0 $0 $0
MICHAEL POORE DIRECTOR 0.20
Director
$0 $0 $0
BOB HAMILTON DIRECTOR 0.10
Director
$0 $0 $0
JERROD WILLIAMS DIRECTOR 0.10
Director
$0 $0 $0
RANDY ZOOK DIRECTOR 0.10
Director
$0 $0 $0
RANDY LAWSON DIRECTOR 0.10
Director
$0 $0 $0
ROB BELL DIRECTOR 0.10
Director
$0 $0 $0
DR CHRIS NAIL DIRECTOR 0.50
Director
$0 $0 $0
MILES GOGGANS DIRECTOR 0.10
Director
$0 $0 $0
DR JARED CLEVELAND DIRECTOR 0.10
Director
$0 $0 $0
JASON CHACKO DIRECTOR 0.10
Director
$0 $0 $0
PATRICK MCALPINE DIRECTOR 0.10
Director
$0 $0 $0
JEREMIAH WOOD DIRECTOR 0.10
Director
$0 $0 $0
LOU GRAHAM DIRECTOR 0.10
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
2025 $865,362 $1,186,386 $463,791 $-321,024
2024 $1,156,046 $1,133,314 $745,392 $22,732
2023 $834,013 $1,024,995 $678,557 $-190,982
2022 $993,502 $1,255,002 $851,253 $-261,500
2021 $923,839 $739,863 $1,165,639 $183,976
2020 $730,255 $825,426 $1,004,384 $-95,171
2019 $947,398 $859,935 $996,614 $87,463
2018 $882,161 $785,405 $880,052 $96,756
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