Catfish Farmers of Arkansas Inc

Nonprofit profile at a glance

EIN
710640345
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Montrose, AR, USA
Phone
8708862117
Rating
55
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$22,622
Expenses
$24,608
Assets
$167,480
Liabilities
$0

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

Leadership & pay

10 people listed

Executive titles in this filing

  • BRAD GRAHAM (PRESIDENT)
  • LARRY DORMAN (EXECUTIVE DIRECTOR)
  • STEVE KUETER (VICE PRESIDENT)

People named in this filing

  • BARI CAIN (DIRECTOR)
  • BRAD GRAHAM (PRESIDENT)
  • DALTON ROBINSON (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To promote, develop, stimulate and encourage harmony, goodwill, and understanding among catfish farmers.

What it reported doing in 2024

National chuckwagon races which awareness of catfish farming is presented and also trying to attract the next generation

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 32
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.6%; rating input score 35
  • Program expense ratio: 25.8%; rating input score 26

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8.8%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 6.81; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.4% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 34.6% of revenue deployed · 25.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $6K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • High — Financial Efficiency: Program expense ratio scored 26/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.