Arkansas Economic Developers And Chamber Executives
Arkansas Economic Developers And Chamber Executives shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 203420562 · Little Rock, AR · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $232K |
| Program Spending | 80% |
| Net Assets | $427K |
| Transparency Score | 85/100 |
Is Arkansas Economic Developers And Chamber Executives Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arkansas Economic Developers And Chamber Executives directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arkansas Economic Developers And Chamber Executives
Arkansas Economic Developers And Chamber Executives (EIN: 203420562) is a nonprofit organization based in Little Rock, AR, classified under NTEE code S41. The organization reported total revenue of $264K and total assets of $526K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arkansas Economic Developers And Chamber Executives's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arkansas Economic Developers And Chamber Executives is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $232K |
| Surplus / Deficit | +$27K |
| Total Assets | $432K |
| Total Liabilities | $5K |
| Net Assets | $427K |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 22.4 months |
Financial Health Grade: A
In 2023, Arkansas Economic Developers And Chamber Executives reported a surplus of $27K with revenue exceeding expenses, holds 22.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Arkansas Economic Developers And Chamber Executives's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.1% | -12.6% | +6.6% |
| 2022 | +14.3% | +42.3% | +2.6% |
| 2021 | +73.0% | +21.5% | +21.6% |
| 2020 | -33.4% | -0.6% | -4.9% |
| 2019 | +7.8% | -1.9% | +27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arkansas Economic Developers And Chamber Executives with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Arkansas Economic Developers And Chamber Executives allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization of its size and revenue, and suggests a strong commitment to directing funds towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Arkansas Economic Developers And Chamber Executives's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency analysis.
- Consistent 0% officer compensation is unusual for an organization of this size and could warrant further inquiry into how leadership is supported.
Strengths
The following positive indicators were identified for Arkansas Economic Developers And Chamber Executives:
- Strong and consistent revenue growth, from $83,160 in 2014 to $258,602 in 2023.
- Significant asset accumulation, growing from $20,971 in 2014 to $432,313 in 2023.
- Consistent reporting of 0% officer compensation, indicating a high potential for funds to be directed towards mission.
- Low liabilities, demonstrating good financial health and minimal debt burden.
- Consistent operating surpluses in most years, contributing to financial stability.
Frequently Asked Questions about Arkansas Economic Developers And Chamber Executives
Is Arkansas Economic Developers And Chamber Executives a legitimate charity?
Based on AI analysis of IRS 990 filings, Arkansas Economic Developers And Chamber Executives (EIN: 203420562) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Arkansas Economic Developers And Chamber Executives spend its money?
Arkansas Economic Developers And Chamber Executives directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arkansas Economic Developers And Chamber Executives tax-deductible?
Arkansas Economic Developers And Chamber Executives is registered as a tax-exempt nonprofit (EIN: 203420562). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Arkansas Economic Developers And Chamber Executives's spending goes to programs?
Arkansas Economic Developers And Chamber Executives directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Arkansas Economic Developers And Chamber Executives compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Arkansas Economic Developers And Chamber Executives is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Arkansas Economic Developers And Chamber Executives located?
Arkansas Economic Developers And Chamber Executives is headquartered in Little Rock, Arkansas and files with the IRS under EIN 203420562. It is classified under NTEE code S41.
How many years of IRS 990 filings does Arkansas Economic Developers And Chamber Executives have?
Arkansas Economic Developers And Chamber Executives has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $264K in total revenue.
How does AEDCE manage to operate without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the organization's leadership is entirely volunteer, or that compensation is categorized differently (e.g., as contractor fees) and not reported under officer compensation.
What are the primary program activities funded by AEDCE?
Based on the NTEE code S41 (Economic Development), AEDCE likely focuses on activities promoting economic growth and development within Arkansas, potentially including training, networking, and advocacy for economic developers and chamber executives.
Is AEDCE financially stable?
Yes, AEDCE appears financially stable. It has consistently grown its assets from $20,971 in 2014 to $432,313 in 2023, and generally operates with a surplus, as seen in 2023 with revenue of $258,602 exceeding expenses of $231,840. Liabilities are also consistently low.
Filing History
IRS 990 filing history for Arkansas Economic Developers And Chamber Executives showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arkansas Economic Developers And Chamber Executives's revenue has grown by 99.1%, moving from $130K to $259K. Total assets increased by 2465% over the same period, from $17K to $432K. Total functional expenses rose by 96.6%, from $118K to $232K. In its most recent filing year (2023), Arkansas Economic Developers And Chamber Executives reported a surplus of $27K, with revenue exceeding expenses. The organization holds $5K in liabilities against $432K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $427K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259K | $232K | $432K | $5K | — | — |
| 2022 | $294K | $265K | $406K | $5K | — | View 990 |
| 2021 | $257K | $186K | $395K | $24K | — | View 990 |
| 2020 | $149K | $153K | $325K | $25K | — | View 990 |
| 2019 | $224K | $154K | $342K | $37K | — | View 990 |
| 2018 | $207K | $157K | $268K | $33K | — | View 990 |
| 2017 | $217K | $163K | $201K | $16K | — | View 990 |
| 2016 | $195K | $168K | $149K | $0 | — | View 990 |
| 2015 | $107K | $176K | $114K | $22K | — | View 990 |
| 2014 | $83K | $96K | $21K | $0 | — | View 990 |
| 2013 | $100K | $74K | $34K | $0 | — | View 990 |
| 2012 | $130K | $126K | $8K | $0 | — | View 990 |
| 2011 | $130K | $118K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259K, expenses of $232K, and assets of $432K (revenue -12.1% year-over-year).
- 2022: Revenue of $294K, expenses of $265K, and assets of $406K (revenue +14.3% year-over-year).
- 2021: Revenue of $257K, expenses of $186K, and assets of $395K (revenue +73.0% year-over-year).
- 2020: Revenue of $149K, expenses of $153K, and assets of $325K (revenue -33.4% year-over-year).
- 2019: Revenue of $224K, expenses of $154K, and assets of $342K (revenue +7.8% year-over-year).
- 2018: Revenue of $207K, expenses of $157K, and assets of $268K (revenue -4.5% year-over-year).
- 2017: Revenue of $217K, expenses of $163K, and assets of $201K (revenue +11.6% year-over-year).
- 2016: Revenue of $195K, expenses of $168K, and assets of $149K (revenue +81.4% year-over-year).
- 2015: Revenue of $107K, expenses of $176K, and assets of $114K (revenue +28.9% year-over-year).
- 2014: Revenue of $83K, expenses of $96K, and assets of $21K (revenue -16.7% year-over-year).
- 2013: Revenue of $100K, expenses of $74K, and assets of $34K (revenue -23.0% year-over-year).
- 2012: Revenue of $130K, expenses of $126K, and assets of $8K (revenue -0.1% year-over-year).
- 2011: Revenue of $130K, expenses of $118K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arkansas Economic Developers And Chamber Executives:
Data Sources and Methodology
This transparency report for Arkansas Economic Developers And Chamber Executives is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.