UNIVERSITY OF ARKANSAS TECHNOLOGY … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

2003

Legal Domicile

Principal Officer

STAN GREEN

Phone

4795758411

Tax Period

2024-07-01 to 2025-06-30

UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION, founded in 2003, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.6M in total revenue in fiscal year 2024. Expenses of $3.7M exceeded revenue, resulting in a 43% operating deficit.

Mission

SUPPORTING ORGANIZATION TO THE UNIVERSITY OF ARKANSAS, FAYETTEVILLE WITH THE RESPONSIBILITY TO MANAGE, ADMINISTER, AND MAINTAIN THE ARKANSAS REASEARCH TECHNOLOGY PARK (A UNIVERSITY-OWNED SCIENCE AND TECHNOLOGY DEVELOPMENT), ASSISTING ENTREPRENEURIAL, UNIVERSITY FACULTY MEMBERS AND OTHERS IN THE TRANSFER OF TECHNOLOGY OR INTELLECTUAL PROPERTY FOR USE IN SOCIETY INCLUDING NEW STARTUP COMPANIES TO IMPROVE THE ECONOMIC BASE OF THE STATE OF ARKANSAS.

Program Service Accomplishments

Program 1

Expenses: $3,324,803 Revenue: $2,448,533

MANAGEMENT OF THE ARKANSAS RESEARCH TECHNOLOGY PARK.MANAGED APPROXIMATELY 131,277 SQUARE FEET OF SPACE LEASED TO TECHNOLOGY DEVELOPMENT START-UP COMPANIES AND OTHERS.MENTORED (IN THE GENESIS...

MANAGEMENT OF THE ARKANSAS RESEARCH TECHNOLOGY PARK.MANAGED APPROXIMATELY 131,277 SQUARE FEET OF SPACE LEASED TO TECHNOLOGY DEVELOPMENT START-UP COMPANIES AND OTHERS.MENTORED (IN THE GENESIS TECHNOLOGY INCUBATOR) APPROXIMATLEY 35 SMALL TECHNOLOGY COMPANIES AND OTHER TENANTS.

Program 2

MANAGED INTELLECTUAL PROPERTY DEVELOPMENT. MARKETED INTELLECTUAL PROPERTY TO PROSPECTIVE LICENSEES AND PROTECTED INTELLECTUAL PROPERTY RIGHTS (PATENT) FOR INTELLECTUAL PROPERTIES ASSIGNED TO THE...

MANAGED INTELLECTUAL PROPERTY DEVELOPMENT. MARKETED INTELLECTUAL PROPERTY TO PROSPECTIVE LICENSEES AND PROTECTED INTELLECTUAL PROPERTY RIGHTS (PATENT) FOR INTELLECTUAL PROPERTIES ASSIGNED TO THE FOUNDATION BY THE UNIVERSITY OF ARKANSAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,448,533

Investment Income $171,431

Other Revenue $0

TOTAL REVENUE $2,619,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,477

Fundraising Expenses $0

Program Expenses $3,324,803

Other Expenses $3,418,335

TOTAL EXPENSES $3,746,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,619,964	$2,739,399	0.0%
Expenses	$3,746,812	$3,619,982	+0.0%
Net Income	$-1,126,848	$-880,583	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN BORDELON	DIRECTOR	1.00	Director	$0	$0	$0
CLETE BREWER	DIRECTOR	1.00	Director	$0	$0	$0
KIM NEEDY	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET SOVA MCCABE	DIRECTOR	1.00	Director	$0	$0	$0
MARSHALL SAVIERS	DIRECTOR	1.00	Director	$0	$0	$0
STAN GREEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN NORTON	DIRECTOR	1.00	Director	$0	$0	$0
TERRY MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SMITH	SECRETARY AND LEGAL COUNSE	1.00	Officer	$0	$0	$0
MIKE MALONE	FORMER PRESIDENT	40.00		$0	$26,037	$142,497

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	$2,619,964	$3,746,812	$18,391,787	$-1,126,848
2024	$2,739,399	$3,619,982	$18,035,603	$-880,583
2023	$2,295,034	$3,201,523	$18,270,139	$-906,489
2022	$2,093,754	$3,064,468	$18,380,736	$-970,714
2021	$5,155,181	$1,913,112	$18,573,246	$3,242,069
2020	$837,878	$1,663,151	$2,156,207	$-825,273

UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION