Arkansas Gift Foundation
Arkansas Gift Foundation shows highly volatile finances with declining assets and inconsistent revenue.
EIN: 200575859 · Little Rock, AR · NTEE: T113 · Updated: 2026-03-28
Is Arkansas Gift Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arkansas Gift Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arkansas Gift Foundation
Arkansas Gift Foundation (EIN: 200575859) is a nonprofit organization based in Little Rock, AR, classified under NTEE code T113. The organization reported total revenue of $0 and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arkansas Gift Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arkansas Gift Foundation is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -100.0% | -99.6% | +2.5% |
| 2022 | -100.0% | -99.6% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Gift Foundation with a Mission Score of 45 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Arkansas Gift Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a positive for minimizing overhead.
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 Gift Foundation's IRS 990 filings:
- Highly volatile and inconsistent revenue, including negative figures in multiple years (e.g., -$524,969 in 2020).
- Significant and continuous decline in assets from $7.29 million in 2016 to $168,700 in 2024.
- Periods of $0 revenue (e.g., 2024, 2022) alongside substantial expenses in other years, indicating erratic operational activity.
Strengths
The following positive indicators were identified for Arkansas Gift Foundation:
- Consistent filing of IRS 990 forms over 13 periods, demonstrating compliance.
- 0% officer compensation reported across all available filings, indicating no executive pay.
- Low liabilities in recent years (e.g., $4,765 in 2024, $0 in 2023 and 2022).
Frequently Asked Questions about Arkansas Gift Foundation
Is Arkansas Gift Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Arkansas Gift Foundation (EIN: 200575859) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Arkansas Gift Foundation spend its money?
Arkansas Gift Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arkansas Gift Foundation tax-deductible?
Arkansas Gift Foundation is registered as a tax-exempt nonprofit (EIN: 200575859). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why has the organization experienced such extreme fluctuations in revenue, including negative amounts?
The IRS 990 data shows revenue ranging from -$524,969 (2020) to $5,274,536 (2015), which is highly unusual and requires further investigation into the nature of these transactions, such as asset sales or significant investment losses, to understand the financial strategy.
What caused the significant decline in assets from $7.29 million in 2016 to $168,700 in 2024?
The organization's assets have plummeted from a peak of $7,290,819 in 2016 to $168,700 in 2024, suggesting a major divestment, significant losses, or a substantial change in operational scope over this period.
What are the specific programs or activities that the Arkansas Gift Foundation supports?
The provided financial data does not detail the specific programs or activities. Given the NTEE code T113 (Voluntarism Promotion & Information), the organization likely focuses on promoting volunteerism, but specific program spending is not itemized.
Filing History
IRS 990 filing history for Arkansas Gift Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Arkansas Gift Foundation's revenue has declined by 100%, moving from $860 to $0. Total assets decreased by 80.1% over the same period, from $850K to $169K. Total functional expenses fell by 95.4%, from $15K to $687. The organization holds $5K in liabilities against $169K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $0 | $687 | $169K | $5K | — | — |
| 2023 | $141K | $175K | $165K | $0 | — | View 990 |
| 2022 | $0 | $765 | $199K | $0 | — | View 990 |
| 2021 | $13K | $207K | $199K | $0 | — | — |
| 2020 | $-524,969 | $1.1M | $480K | $0 | — | View 990 |
| 2019 | $-927 | $258K | $4.1M | $1.5M | — | View 990 |
| 2018 | $285K | $262K | $4.2M | $1.5M | — | View 990 |
| 2017 | $-58,367 | $181K | $7.0M | $1.5M | — | View 990 |
| 2016 | $371K | $569 | $7.3M | $1.5M | — | View 990 |
| 2015 | $5.3M | $13K | $7.0M | $1.5M | — | View 990 |
| 2014 | $-367,008 | $19K | $439K | $166K | — | View 990 |
| 2013 | $177K | $15K | $1.0M | $159K | — | View 990 |
| 2012 | $860 | $15K | $850K | $153K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $0, expenses of $687, and assets of $169K (revenue -100.0% year-over-year).
- 2023: Revenue of $141K, expenses of $175K, and assets of $165K.
- 2022: Revenue of $0, expenses of $765, and assets of $199K (revenue -100.0% year-over-year).
- 2021: Revenue of $13K, expenses of $207K, and assets of $199K.
- 2020: Revenue of $-524,969, expenses of $1.1M, and assets of $480K.
- 2019: Revenue of $-927, expenses of $258K, and assets of $4.1M (revenue -100.3% year-over-year).
- 2018: Revenue of $285K, expenses of $262K, and assets of $4.2M.
- 2017: Revenue of $-58,367, expenses of $181K, and assets of $7.0M (revenue -115.7% year-over-year).
- 2016: Revenue of $371K, expenses of $569, and assets of $7.3M (revenue -93.0% year-over-year).
- 2015: Revenue of $5.3M, expenses of $13K, and assets of $7.0M.
- 2014: Revenue of $-367,008, expenses of $19K, and assets of $439K (revenue -307.3% year-over-year).
- 2013: Revenue of $177K, expenses of $15K, and assets of $1.0M (revenue +20488.4% year-over-year).
- 2012: Revenue of $860, expenses of $15K, and assets of $850K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arkansas Gift Foundation:
Data Sources and Methodology
This transparency report for Arkansas Gift Foundation 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.