Northwest Arkansas Council
Nonprofit profile at a glance
- EIN
- 710693739
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Springdale, AR, USA
- Phone
- 4795822100
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,304,530
- Expenses
- $1,434,582
- Assets
- $890,526
- Liabilities
- $525,386
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- NELSON E PEACOCK (EXECUTIVE DIRECTOR)
Highest reported compensation
- NELSON E PEACOCK (EXECUTIVE DIRECTOR): $482,016 total reported compensation
- MIKE HARVEY (CHIEF OPERATING OFFICER): $277,935 total reported compensation
- ROBERT SMITH (POLICY DIRECTOR): $179,438 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promotion of the growth, vitality, and development of northwest Arkansas and its people, concentrating on workforce development, regional stewardship, infrastructure, and economic development.
What it reported doing in 2024
Established by sam walton, don tyson, j.b. Hunt and other business leaders, we are a private, nonprofit organization working to advance job opportunities, talent recruitment, physical infrastructure, health care and quality of life. Most of the council's more than 100 members are companies, including walmart, tyson foods, j.b. Hunt transport services, inc., simmons foods and george's, inc.over the years, we supported the development of new roads and thriving downtown squares and helped shape cultural destinations like crystal bridges museum of american art, walmart amp, arvest ballpark, scott family amazeum, the momentary, walton arts center, theatresquared, university of Arkansas and the razorback regional greenway. There's more on the horizon, from the lake frances water park near siloam springs to the ramble in downtown fayetteville.the council is currently focusing it's efforts in the following area: arts & culture, belonging & bridging, economic development, entrepreneurship, health care,, housing, infrastructure, onward ozarks, recycling, regional growth, talent attraction and workforce development
Operating model
- Revenue model
- Membership-supported. 63% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 74
- Accountability: 91
- Sustainability: 25
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -10%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.2% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 0.3% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 14 of 14 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $482K · 17 people listed · 2 of 6 pay-setting controls reported
- Consistency: 12 of 12 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 12 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 — Sustainability: Operating margin scored 17/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.