ECONOMICS ARKANSAS FOUNDATION

EIN: 812176432 501(c)(3) Education

LITTLE ROCK, AR

Total Revenue
$202,289
Total Expenses
$29,428
Total Assets
$4,327,169
Net Assets
$4,297,741
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
AR
Principal Officer
PERRY WILSON
Phone
5016824230
Tax Period
2024-06-01 to 2025-05-31

Economics Arkansas Foundation, founded in 2016, is a micro nonprofit in the Education sector that reported $57K in total revenue in fiscal year 2017. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $131K exceeded revenue, resulting in a 130% operating deficit.

Mission

TO ASSIST, PROMOTE AND FACILITATE, DIRECTLY AND INDIRECTLY, THE ARKANSAS COUNCIL ON ECONOMIC EDUCATION (DBA ECONOMICS ARKANSAS) IN THE ATTAINMENT OF ITS GOALS AND OBJECTIVES IN FACILITATING EXPOSURE TO ECONOMIC AND FINANCIAL EDUCATION FOR PRIMARY AND SECONDARY LEVEL STUDENTS AND TO SUPPORT AND EXPAND ITS OPERATION.

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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 $104,680
Program Service Revenue $0
Investment Income $97,609
Other Revenue $0
TOTAL REVENUE $202,289

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,317
Fundraising Expenses $29,428
Other Expenses $11,111
TOTAL EXPENSES $29,428

Year-over-Year Comparison

2024 2023 Change
Revenue $202,289 $220,831 -0.1%
Expenses $29,428 $194,687 -0.8%
Net Income $172,861 $26,144 +5.6%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
$156,207
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PERRY WILSON PRESIDENT 1.00
Officer Director
$0 $0 $0
REP JIM WOOTEN VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
ALLISON RICHARDSON SECRETARY/TREASURER 0.25
Officer Director
$0 $0 $0
WILLIAM ROCKEFELLER MEMBER 0.10
Director
$0 $0 $0
DR KAREN WALTERS MEMBER 0.10
Director
$0 $0 $0
HEATHER JONES MEMBER 0.10
Director
$0 $0 $0
CLAY YOUNG IV MEMBER 0.10
Director
$0 $0 $0
KATHLEEN LAWSON EXECUTIVE DIRECTOR 5.00
Officer
$10,396 $7,059 $156,207
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 $202,289 $29,428 $4,327,169 $172,861
2024 $220,831 $194,687 $3,856,916 $26,144
2023 $228,320 $149,645 $3,374,516 $78,675
2022 $590,051 $163,683 $3,314,159 $426,368
2021 $179,017 $157,766 $3,066,553 $21,251
2020 $100,708 $122,022 $2,469,894 $-21,314
2019 $77,378 $137,982 $2,344,089 $-60,604
2018 $57,000 $131,211 $2,357,329 $-74,211
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