RESPONSIBLE GROWTH ARKANSAS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

TERRENCE J BOYLE

Phone

5019604908

Tax Period

2023-01-01 to 2023-12-31

RESPONSIBLE GROWTH ARKANSAS, founded in 2021, is a small nonprofit that reported $128K in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSE IS TO ADVOCATE FOR THE PASSAGE OF AN AMENDMENT TO THE ARKANSAS CONSTITUTION TO ALLOW THE REGULATED SALE OF CANNABIS TO ADULTS IN THE STATE.

Program Service Accomplishments

Program 1

Expenses: $106,743

THE PURPOSE IS TO ADVOCATE FOR THE PASSAGE OF AN AMENDMENT TO THE ARKANSAS CONSTITUTION TO ALLOW THE REGULATED SALE OF CANNABIS TO ADULTS IN THE STATE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $128,389

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $128,389

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $106,743

Other Expenses $124,873

TOTAL EXPENSES $124,873

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,389	$12,396,954	-1.0%
Expenses	$124,873	$14,100,314	-1.0%
Net Income	$3,516	$-1,703,360	-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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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

Governance

Voting Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE J BOYLE	TREASURER	1.00	Officer Director	$0	$0	$0
EDDIE ARMSTRONG	PRESIDENT	1.00	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	$128,389	$124,873	$4,049	$3,516
2022	$12,396,954	$14,100,314	$533	$-1,703,360
2021	$1,750,000	$46,107	$1,703,893	$1,703,893