Economics Arkansas Foundation EIN 81-2176432

Economics Arkansas Foundation

EIN  81-2176432 Public charity (501(c)(3)) Little Rock, AR
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes economic and financial education for students, supporting its expansion.
Leadership
Kathleen Lawson · Executive Director · $10K
Money in and out
$202K revenue, $29K expenses
Bottom line
0% program efficiency

Promotes economic and financial education for students, supporting its expansion. For fiscal year 2025 it reported $202K in revenue, $29K in expenses, and $4.3M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$29K
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $173K
Where spending went · Part IX cols B–D
Fundraising $1.00
Program efficiency
0%
of spending reaches programs▼ -100% vs prior filing year
Surplus margin
+85%
revenue over expenses, this year▲ +622% vs prior filing year
Revenue trend
+3%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$202K
FY2025▼ -8%
Expenses
$29K
FY2025▼ -85%
Total assets
$4.3M
FY2025▲ +12%
Total liabilities
$29K
FY2025▲ +67%
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$29K
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$173K
Total assetsPt X · Ln 16$4.3M
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Provide support to the program and operating services of arkansas council on economic education (dba economics arkansas).

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEconomics Arkansas Foundation
EINHdr · item D81-2176432
Principal addressHdr · item CLittle Rock, AR
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMay 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$10,396Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kathleen Lawson’s $10K as Executive Director is at the 9th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2021
Kathleen Lawson$10,396$9,373$8,996$10,670

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$105K · 52%
Investment income$98K · 48%
Contributions & grants52%$105K
Investment income48%$98K
Total revenueLn 12$202K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Fundraising $1.00
Fundraising100%$29K
Total functional expensesLn 25$29K

Balance Sheet

Part X · end of year
CashLn 1$120K
Total assetsLn 16$4.3M
Total liabilitiesLn 26$29K
Total net assetsLn 32$4.3M
Months of cash on handcomputed49.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.3M · Operating expenses (Pt IX) $29K · Less non-cash grants $53K · Cash operating expenses/yr $-24K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $29K
0%
Management & General
Management & general $0 · Total expenses $29K
0%
Fundraising
Fundraising $29K · Total expenses $29K
100%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $126K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $105K · Total revenue $202K
52%
Government reliance
Government grants — · Total revenue $202K
Earned-income share
Program service revenue $0 · Total revenue $202K
0%
Investment reliance
Investment income $98K · Total revenue $202K
+48%
Program self-sufficiency
Program service revenue $0 · Total expenses $29K
0%
Growth & trend
Revenue growth (YoY)
This year $202K · Prior year $221K
-8%
Revenue CAGR
FY2020 $179K · FY2024 $202K
+3%
Net-asset trend (YoY)
End of year $4.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $202K · Expenses $29K
+85%
Liabilities-to-Assets
Total liabilities — · Total assets $4.3M
Net-asset ratio
Net assets $4.3M · Total assets $4.3M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.3M
97%
People & payroll
Highest Reported Total Compensation
Individual Kathleen Lawson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $10K · Total expenses $29K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18K · Total expenses $29K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 0%
Fundraising cost ratio 28%
Revenue growth -8%
Accounting fee ratio 23%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$1K
Grants paid · 3 grants · $388K · 2020–2023

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$202K revenue · viewing · ⤓ 990 PDF
FY2024$221K revenue · ⤓ 990 PDF
FY2023$228K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$179K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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