Arkansas Alumni Association Inc

Nonprofit profile at a glance

EIN
710329821
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Fayetteville, AR, USA
Phone
4795755168
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alumni Associations

Official website

Reported finances

Revenue
$3,345,220
Expenses
$2,382,867
Assets
$22,133,156
Liabilities
$1,507,663

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • BRANDY COX (EXECUTIVE DIRECTOR)
  • REGINA D HOPPER (PRESIDENT)
  • FAHEEM KHAN (PRESIDENT ELECT)

Highest reported compensation

  • BRANDY COX (EXECUTIVE DIRECTOR): $260,264 total reported compensation
  • HAL PRESCOTT (FORMER DIRECTOR OF FINANCE): $148,725 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Arkansas alumni association connects and serves the university of Arkansas family.

What it reported doing in 2024

Membership, marketing and communications - while this program is separated on our functional expenses, they work hand in hand to support our membership. We provide a quarterly magazine to all of our members, a perks program, t-shirts and other items, as well regular electronic communications so that our members can stay connected to the aaa and the university. We have both annual and life membership levels. There are discount levels for recent graduates and those who have graduated 40 years prior. We also have student members. As of 6/30/2025, we had 1,408 annual members, 8,859 life members and 27 student members.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 40% for direct work, and 60% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 71
  • Accountability: 86
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.3%; rating input score 71
  • Program expense ratio: 88.7%; rating input score 89
  • Fundraising efficiency: $194.9 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 28.8%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 9.29; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -4.7% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 8% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 71.3% of revenue deployed · 88.7% of spending went to programs
  • Governance: 29 of 29 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $260K · 31 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.