East Arkansas Business Development
TO ASSIST IN THE DEVELOPMENT OF BUSINESS IN THE EASTERN ARKANSAS AREA
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
-14.3% YoY
Annual Giving
$50K
+233.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$50K
+233.3% YoY
About East Arkansas Business Development
Based on IRS filings
East Arkansas Business Development is a nonprofit organization, based in JONESBORO, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $65K.
Ready to take the next step with East Arkansas Business Development?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,650,958 | $4,262,449 | $4,552,650 |
| Revenue | $185,311 | $152,043 | $2,491,023 |
| Expenses | $828,463 | $650,042 | $894,773 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $65,465 | $25,649 | $9,137 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asu System Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASU SYSTEM FOUNDATION STATE UNIVERSITY, AR | TO BENEFIT THE ARKANSAS UNIVERSITY COLLEGE OF ENGINEERING | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRIS BARBER | CHAIRMAN | — | — |
| RODGER HURT | VICE CHAIRMAN | — | — |
| BRAD EDWARDS | TREASURER | — | — |
| MURRAY BENTON | BOARD | — | — |
| ALAN MORSE | BOARD | — | — |
| MARK YOUNG | BOARD | — | — |
| JAMES BEST | BOARD | — | — |
| TONY SUPINE | BOARD | — | — |
| DAVID PEACOCK | SECRETARY | — | — |
Frequently Asked Questions
How large is East Arkansas Business Development?
As of 2024, East Arkansas Business Development holds $3.7M in total assets with $185K in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does East Arkansas Business Development operate?
East Arkansas Business Development has awarded grants in Arkansas.
What size grants does East Arkansas Business Development award?
In 2024, East Arkansas Business Development awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
What is East Arkansas Business Development's EIN?
East Arkansas Business Development's EIN (Employer Identification Number) is 71-0655498. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in East Arkansas Business Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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