Mission
SUPPLEMENT APPROPRIATIONS BY THE STATE LEGISLATURE FOR DEVELOPMENT OF THE STATE'S RESOURCES AND ATTRACTING NEW BUSINESSES TO THE STATE OF ARKANSAS.
Public Charity
ARKANSAS ECONOMIC DEVELOPMENT FOUNDATION
ARKANSAS ECONOMIC DEVELOPMENT FOUNDATION, of LITTLE ROCK, AR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $153K in revenue, $353K in expenses, $750K in total assets. 1 publicly reported grants to this organization, totaling roughly $6K, appear in IRS filings.
EIN: 742390527
LITTLE ROCK, AR
Latest filing: 2024
Total Revenue$153K
Total Expenses$353K
Total Assets$750K
Grant Records1
Funding Total$6K
Filing Years2019–2024
Where $100 goes at Arkansas Economic Development Foundation
How Arkansas Economic Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$91
Programs
the work itself
$8
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $91 for programs
$46
Organized several events to attract prospective businesses, and promote economic development in arkansas
$45
Made contributions to organization that work to attract prospective businesses, and promote economic development in arkansas
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SPONSORSHIP
$6,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Alec Farmer
BOARD MEMBER
Annemarie Dillard Jazic
BOARD MEMBER
Archie Schaffer Iii
PRESIDENT
Gus Vratsinas
TREASURER
Lang Zimmerman
SECRETARY
Mark Young
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $153K | $353K | $750K |
| 2023 | $401K | $258K | $961K |
| 2022 | $403K | $319K | $827K |
| 2020 | $369K | $162K | $973K |
| 2019 | $474K | $317K | $731K |
Between 2019 and 2024, reported annual revenue declined from $474K to $153K (-68%), with total assets most recently reported at $750K.
Interactive year-over-year charts and full filing details available with membership.