Arkansas Society Of Public Accountants
EIN: 237152722 · Searcy, AR
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $97K |
| Net Assets | $156K |
Is Arkansas Society Of Public Accountants Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arkansas Society Of Public Accountants
Arkansas Society Of Public Accountants (EIN: 237152722) is a nonprofit organization based in Searcy, AR. The organization reported total revenue of $81K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arkansas Society Of Public Accountants's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arkansas Society Of Public Accountants is a micro nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $97K |
| Surplus / Deficit | $-15,851 |
| Total Assets | $164K |
| Total Liabilities | $7K |
| Net Assets | $156K |
| Operating Margin | -19.5% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 20.3 months |
Financial Health Grade: B
In 2023, Arkansas Society Of Public Accountants reported a deficit of $16K with expenses exceeding revenue, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Arkansas Society Of Public Accountants's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +14.0% | -15.9% |
| 2022 | -15.8% | +10.3% | -2.9% |
| 2021 | -43.3% | -43.0% | +6.1% |
| 2020 | +1.7% | -2.0% | +6.5% |
| 2019 | -5.7% | -11.3% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arkansas Society Of Public Accountants has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arkansas Society Of Public Accountants with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Arkansas Society Of Public Accountants
Is Arkansas Society Of Public Accountants a legitimate charity?
Arkansas Society Of Public Accountants (EIN: 237152722) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $81K. No red flags identified. Financial health grade: B.
How does Arkansas Society Of Public Accountants spend its money?
Arkansas Society Of Public Accountants reported $81K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Arkansas Society Of Public Accountants tax-deductible?
Arkansas Society Of Public Accountants is registered as a tax-exempt nonprofit (EIN: 237152722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arkansas Society Of Public Accountants located?
Arkansas Society Of Public Accountants is headquartered in Searcy, Arkansas and files with the IRS under EIN 237152722.
How many years of IRS 990 filings does Arkansas Society Of Public Accountants have?
Arkansas Society Of Public Accountants 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 $81K in total revenue.
Filing History
IRS 990 filing history for Arkansas Society Of Public Accountants showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arkansas Society Of Public Accountants's revenue has declined by 55.2%, moving from $181K to $81K. Total assets decreased by 21.3% over the same period, from $208K to $164K. Total functional expenses fell by 40.3%, from $162K to $97K. In its most recent filing year (2023), Arkansas Society Of Public Accountants reported a deficit of $16K, with expenses exceeding revenue. The organization holds $7K in liabilities against $164K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $97K | $164K | $7K | — | View 990 |
| 2022 | $73K | $85K | $195K | $22K | — | — |
| 2021 | $87K | $77K | $200K | $16K | — | — |
| 2020 | $153K | $135K | $189K | $14K | — | — |
| 2019 | $151K | $138K | $177K | $21K | — | View 990 |
| 2018 | $160K | $156K | $162K | $18K | — | View 990 |
| 2017 | $157K | $174K | $161K | $21K | — | View 990 |
| 2016 | $149K | $154K | $182K | $25K | — | View 990 |
| 2015 | $203K | $208K | $184K | $21K | — | View 990 |
| 2014 | $177K | $175K | $193K | $25K | — | View 990 |
| 2013 | $174K | $160K | $182K | $16K | — | View 990 |
| 2012 | $148K | $152K | $176K | $24K | — | View 990 |
| 2011 | $181K | $162K | $208K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $97K, and assets of $164K (revenue +10.9% year-over-year).
- 2022: Revenue of $73K, expenses of $85K, and assets of $195K (revenue -15.8% year-over-year).
- 2021: Revenue of $87K, expenses of $77K, and assets of $200K (revenue -43.3% year-over-year).
- 2020: Revenue of $153K, expenses of $135K, and assets of $189K (revenue +1.7% year-over-year).
- 2019: Revenue of $151K, expenses of $138K, and assets of $177K (revenue -5.7% year-over-year).
- 2018: Revenue of $160K, expenses of $156K, and assets of $162K (revenue +1.8% year-over-year).
- 2017: Revenue of $157K, expenses of $174K, and assets of $161K (revenue +5.5% year-over-year).
- 2016: Revenue of $149K, expenses of $154K, and assets of $182K (revenue -26.8% year-over-year).
- 2015: Revenue of $203K, expenses of $208K, and assets of $184K (revenue +14.9% year-over-year).
- 2014: Revenue of $177K, expenses of $175K, and assets of $193K (revenue +1.3% year-over-year).
- 2013: Revenue of $174K, expenses of $160K, and assets of $182K (revenue +17.5% year-over-year).
- 2012: Revenue of $148K, expenses of $152K, and assets of $176K (revenue -18.1% year-over-year).
- 2011: Revenue of $181K, expenses of $162K, and assets of $208K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arkansas Society Of Public Accountants:
Data Sources and Methodology
This transparency report for Arkansas Society Of Public Accountants 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.