UNIVERSITY OF ARKANSAS FOUNDATION INC
Mission Statement
The mission of the University of Arkansas at Little Rock is to develop the intellect of students; to discover and disseminate knowledge; to serve and strengthen society by enhancing awareness in scientific, technical, and cultural arenas; and to promote humane sensitivities and understanding of interdependence. Within this broad mission are the responsibilities to use quality instruction to instill in students a lifelong desire to learn; to use knowledge in ways that will contribute to society; and to apply the resources and research skills of the University community to the service of the city, the state, the nation, and the world in ways that will benefit humanity.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.2% | 87.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.8% | 10.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 1.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
173.4 mo | 20.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.1% | 27.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
56.2% | 84.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
68.8% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
27.4% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.7% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $131.4M | $133.7M | $1931.7M | 93.2% | 9 |
| 2022 | $77.9M | $104.9M | $1861.1M | 89.8% | 9 |
| 2021 | $297.6M | $79.0M | N/A | — | 10 |
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