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Nonprofit · EIN 71-0550590

UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC

Tax-exempt · CONWAY, AR 72035

Financials

$21.6M$9.3M2022$15M$10.4M2023$11.3M$9.8M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$11,295,436$9,756,208$1,539,228$108,630,897$14,783,605$93,847,292
June 30, 2024990$14,961,219$10,389,273$4,571,946$103,153,466$13,723,629$89,429,837
June 30, 2023990$21,563,728$9,280,371$12,283,357$90,785,071$11,805,784$78,979,287
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,949,807
Membership dues
$64,804
Program service revenue
$0
Investment income
$4,313,486
Royalties
$9,937
Net rental income
$142,889
Net gain from sales of assets
$1,335,832
Net income from fundraising events
-$120,683
Other revenue
$32,143

Expenses

Grants and similar amounts paid
$2,842,853
Other salaries and wages
$2,547,236
Salaries, compensation and benefits (total)
$3,514,199
Professional fundraising fees
$27,575
Accounting fees
$125,962
Travel
$497,574
Program services (functional)
$8,457,266
Management and general (functional)
$1,039,827
Fundraising (functional)
$259,115

Balance sheet and other

Total assets, start of year
$103,153,466
Total assets, end of year
$108,630,897
Total liabilities, end of year
$14,783,605
Net assets, end of year
$93,847,292
Land, buildings and equipment
$4,902,090
Publicly traded securities
$90,745,635
Net assets without donor restrictions
$18,680,160
Net assets with donor restrictions
$75,167,132
Gross receipts
$15,687,902
Employees
0
Volunteers
100
Year formed
1981
State of legal domicile
AR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRET CARROLLCHAIR
Trustee or director, Officer
10$0
LINDSAY HENDERSONVICE CHAIR
Trustee or director, Officer
10$0
DREW MAYSECRETARY
Trustee or director, Officer
10$0
SUSAN RICHARDSTREASURER
Trustee or director, Officer
10$0
BRAD HEGEMANPAST CHAIR
Trustee or director
10$0
TIFFANY CHILDERSDIRECTOR
Trustee or director
10$0
DR RENEE CRATERDIRECTOR
Trustee or director
10$0
CHRIS HERVEYDIRECTOR
Trustee or director
10$0
DREW GAINORDIRECTOR
Trustee or director
10$0
ANN KINDERDIRECTOR
Trustee or director
10$0
MELISSA METHENYDIRECTOR
Trustee or director
10$0
DR TONY MANNINGDIRECTOR
Trustee or director
10$0
ELIZABETH BLANKENSHIPDIRECTOR
Trustee or director
10$0
KENNY KINLEYDIRECTOR
Trustee or director
10$0
DEXTER PEARSONDIRECTOR
Trustee or director
10$0
6 more people on this return
NameTitleHours / weekCompensation
LORI ROSSDIRECTOR
Trustee or director
10$0
MICHAEL MURRYDIRECTOR
Trustee or director
10$0
LORI MELTONDIRECTOR
Trustee or director
10$0
BRADLEY MULLINSDIRECTOR
Trustee or director
10$0
SHANNON HENDRIXDIRECTOR
Trustee or director
10$0
DAPHNE MCBETHDIRECTOR
Trustee or director
10$0
990 for the year ended June 30, 2024: 22 people
NameTitleHours / weekCompensation
BRAD HEGEMANCHAIR
Trustee or director, Officer
10$0
BRET CARROLLVICE CHAIR
Trustee or director, Officer
10$0
LINDSAY HENDERSONSECRETARY
Trustee or director, Officer
10$0
GARLAND DUNNTREASURER
Trustee or director, Officer
10$0
TIFFANY CHILDERSDIRECTOR
Trustee or director
10$0
RENEE CRATERDIRECTOR
Trustee or director
10$0
CHRIS HERVEYDIRECTOR
Trustee or director
10$0
DREW GAINORDIRECTOR
Trustee or director
10$0
ANN KINDERDIRECTOR
Trustee or director
10$0
KAY HINKLEDIRECTOR/UCA BOARD
Trustee or director
10$0
TONY MANNINGDIRECTOR
Trustee or director
10$0
ELIZABETH BLANKENSHIPDIRECTOR
Trustee or director
10$0
KENNY KINLEYDIRECTOR
Trustee or director
10$0
DREW MAYDIRECTOR
Trustee or director
10$0
DEXTER PEARSONDIRECTOR
Trustee or director
10$0
LORI ROSSDIRECTOR
Trustee or director
10$0
MICHAEL MURRYDIRECTOR
Trustee or director
10$0
LORI MELTONDIRECTOR
Trustee or director
10$0
BRADLEY MULLINSDIRECTOR
Trustee or director
10$0
SUSAN RICHARDSDIRECTOR
Trustee or director
10$0
SHANNON HENDRIXDIRECTOR
Trustee or director
10$0
DAPHNE MCBETHDIRECTOR
Trustee or director
10$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensation
BRAD HEGEMANCHAIR
Trustee or director, Officer
10$0
BRET CARROLLVICE CHAIR
Trustee or director, Officer
10$0
LUKE PRUETTSECRETARY
Trustee or director, Officer
10$0
GARLAND DUNNTREASURER
Trustee or director, Officer
10$0
JEFF STANDRIDGEPAST CHAIR
Trustee or director
10$0
RENEE CRATERDIRECTOR
Trustee or director
10$0
SARA HENDRICKS BATCHELLERDIRECTOR
Trustee or director
10$0
DREW GAINORDIRECTOR
Trustee or director
10$0
ANN KINDERDIRECTOR
Trustee or director
10$0
KAY HINKLEDIRECTOR/UCA BOARD
Trustee or director
10$0
LINDSAY HENDERSONDIRECTOR
Trustee or director
10$0
ELIZABETH BLANKENSHIPDIRECTOR
Trustee or director
10$0
KENNY KINLEYDIRECTOR
Trustee or director
10$0
DREW MAYDIRECTOR
Trustee or director
10$0
DEXTER PEARSONDIRECTOR
Trustee or director
10$0
LORI ROSSDIRECTOR
Trustee or director
10$0
MICHAEL MURRYDIRECTOR
Trustee or director
10$0
LORI MELTONDIRECTOR
Trustee or director
10$0
BRADLEY MULLINSDIRECTOR
Trustee or director
10$0
SUSAN RICHARDSDIRECTOR
Trustee or director
10$0
SHANNON HENDRIXDIRECTOR
Trustee or director
10$0

Address and contacts

Address (IRS master file)
201 DONAGHEY AVE, CONWAY, AR 72035-5001
Principal officer (990 for 2024)
CHAD HEARNE, 201 DONAGHEY AVENUE, CONWAY, AR 72035
Signed the 990
CHAD HEARNE, EXECUTIVE DIRECTOR
Phone
(501) 450-5288
Return prepared by
LANDMARK PLC CPAS

Mission

THE PURPOSE OF THE UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION, INC. IS TO FURTHER THE GOALS OF THE UNIVERSITY OF CENTRAL ARKANSAS BY SECURING AND CAREFULLY MANAGING PRIVATE FUNDS FOR THE SUPPORT OF THE UNIVERSITY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION PROVIDED SCHOLARSHIPS TO 978 UNIVERSITY OF CENTRAL ARKANSAS STUDENTS.
    Expenses $2,389,048 · grants $2,389,048
  • FUNDING FOR THE PURCHASE OF EDUCATIONAL EQUIPMENT AND MISCELLANEOUS PROGRAMS USED TO ENHANCE EDUCATION AT THE UNIVERSITY OF CENTRAL ARKANSAS.
    Expenses $6,068,218 · grants $453,805 · revenue $4,323,423

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
71-0550590
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43I)
Assets (IRS master file)
$108,630,897
Income (IRS master file)
$15,687,902

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$11,295,436$9,756,208$108,630,897XML
990June 2024$14,961,219$10,389,273$103,153,466XML
990June 2023$21,563,728$9,280,371$90,785,071XML
990June 2022$12,983,167$8,291,403$76,302,395IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-0550590).

Questions about UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC

What is the EIN of UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC is 71-0550590.
Is UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC?
The 990 for the year ended June 30, 2025 names CHAD HEARNE.
Who are the officers and directors of UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
How much revenue does UNIVERSITY OF CENTRAL ARKANSAS FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $11,295,436, expenses of $9,756,208 and total assets of $108,630,897 at year end.

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