National Guard Association Of Arkansas Inc is located in North Little Rock, AR. The organization was established in 1987. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, National Guard Association Of Arkansas Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Guard Association Of Arkansas Inc is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 06/2022, National Guard Association Of Arkansas Inc generated $329.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $413.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SPONSORSHIP OF A GROUP LIFE INSURANCE PROGRAM FOR MEMBERS; THERE ARE APPROXIMATELY 1300 MEMBERS. SUPPORT AR NATIONAL GUARD MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP OF THE GROUP LIFE INSURANCE PROGRAM FOR MEMBERS. THERE ARE APPROXIMATELY 1300 MEMBERS.
ATTEND CONFERENCE TO RALLY MEMBERSHIP SUPPORT AND GET LEGISLATIVE UPDATES; APPROXIMATELY 350 MEMBERS AND GUESTS ATTEND THE STATE CONFERENCE AND 40 MEMBERS AND GUESTS ATTEND THE NATIONAL CONFERENCE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Jara Executive Di | OfficerTrustee | 40 | $33,822 |
Damon Cluck Executive Di | OfficerTrustee | 2 | $21,449 |
Maj Michael C Battle-Smith Director | Trustee | 1 | $0 |
Cpt Daniel Berke Director | Trustee | 1 | $0 |
Ltc Noyal Brasfield Director | Trustee | 1 | $0 |
Col Ret Don Brooks Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,461 |
| Investment income | $180 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $329,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,271 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,399 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,283 |
| Information technology | $15,109 |
| Royalties | $0 |
| Occupancy | $4,255 |
| Travel | $45,279 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $80,049 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,414 |
| Insurance | $14,198 |
| All other expenses | $0 |
| Total functional expenses | $413,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $137,729 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,079 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,326 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,639 |
| Total assets | $242,730 |
| Accounts payable and accrued expenses | $6,879 |
| Grants payable | $0 |
| Deferred revenue | $2,406 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $37,639 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,924 |
| Net assets without donor restrictions | $195,806 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $195,806 |
Over the last fiscal year, National Guard Association Of Arkansas Inc has awarded $57,260 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATL GUARD ASSN OF AR ENDOWMENT INC PURPOSE: SCHOLARSHIP PROGRAM | $30,000 |
NATL GUARD ASSN OF AR ENDOWMENT INC PURPOSE: MEMBERSHIP AND PROFESSIONAL DEVELOPMENT | $27,260 |