Arkansas Values INC EIN 83-2632298 Form 990 (PDF) Claim this org

Arkansas Values INC FY2020 filing

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Advocates for accountable government, better schools, healthcare, infrastructure, environment, and an equitable economy. For fiscal year 2020 it reported $531K in revenue, $506K in expenses, and $146K in net assets.Pt I

Founded
2018
Type
Membership association · Human Services
Location
Little Rock, AR
Filings
6 on file (2020–2020)
Revenue
$531KFY2020
Expenses
$506K
Net assets
$146K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-2632298 Membership association Little Rock, AR Founded 2018
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Advocates for accountable government, better schools, healthcare, infrastructure, environment, and an equitable economy.
Leadership
Thad Bishop · President
Money in and out
$531K revenue, $506K expenses
Bottom line
+5% operating surplus
Membership & operating revenue · FY2020
Total revenue
$531K
Pt VIII · Ln 12
Total expenses
$506K
Pt IX · Ln 25
Net assets
$146K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.16 Fundraising $0.02
Operating surplus
+5%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Program spending
81%
of expenses reach member services

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$531K
FY2020
Expenses
$506K
FY2020
Total assets
$146K
FY2020
Total liabilities
$0
FY2020
Total revenue
$531K
Pt VIII · Ln 12
Total expenses
$506K
Pt IX · Ln 25
Net assets
$146K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$146K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArkansas Values INC
EINHdr · item D83-2632298
Principal addressHdr · item CLittle Rock, AR
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2018
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Arkansas Values INC executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $412K of program spending, described in the organization's own filed words · FY2020.
01

We initiated programs and provided grants to nonprofit organizations to fill gaps in civic infrastructure and to advance sensible, forward-thinking values and advocate for legislation, regulations, government programs, and civic initiatives to achieve more accountable, transparent, and effective government.

$339Kprogram expense
02

We also initiated programs and provided grants to nonprofit organizations to educate citizens on how to vote.

$55Kprogram expense
03

We conducted research and convened events, briefings, individual and small group meetings, and interviews with philanthropists, nonprofit organizations, and civic leaders to educate and inform these stakeholders on the challenges and opportunities for impacting social change and public policy in arkansas; and to get input from these…

$19Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$531K
Total revenueLn 12$531K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.16 Fundraising $0.02
Program services81%$412K
Management & general16%$82K
Fundraising2%$11K
Total functional expensesLn 25$506K

Balance Sheet

Part X · end of year
CashLn 1$146K
Total assetsLn 16$146K
Total liabilitiesLn 26$0
Total net assetsLn 32$146K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $146K · Operating expenses/yr $506K
3.5 months
Where the money goes
Program services
Program services $412K · Total expenses $506K
81%
Management & General
Management & general $82K · Total expenses $506K
16%
Fundraising
Fundraising $11K · Total expenses $506K
2%
Cost to raise $1
Fundraising expense $11K · Solicited contributions $531K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $531K · Total revenue $531K
100%
Government reliance
Government grants — · Total revenue $531K
Earned-income share
Program service revenue $0 · Total revenue $531K
0%
Investment reliance
Investment income $0 · Total revenue $531K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $506K
0%
Growth & trend
Revenue growth (YoY)
This year $531K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $146K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $531K · Expenses $506K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $146K
Net-asset ratio
Net assets $146K · Total assets $146K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $146K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Thad Bishop · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $506K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $506K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 16%
Fundraising cost ratio 2%
Accounting fee ratio 0.5%

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 · FY2024
Onward TogetherFY2024$30K
Total grants receivedfrom 2 funders$60K
Grants paid · 12 grants · $979K · 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)$409K revenue · ⤓ 990 PDF
FY2024$1.3M revenue · ⤓ 990 PDF
FY2023$215K revenue · ⤓ 990 PDF
FY2022$447K revenue · ⤓ 990 PDF
FY2021$576K revenue · ⤓ 990 PDF
FY2020$531K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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