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Arkansas · Nonprofit

CONWAY FOUNDATION INC

CONWAY FOUNDATION INC (Arkansas) receives grants from 4 organizations whose IRS filings report $192,500 to it, the largest being ADCOCK FAMILY FOUNDATION ($100,000). 1 of them have funded it in more than one year.

Revenue FY2025
$55k
Funders on record
4
Grants received
$193k
Net assets
$226k
1/4 repeat funderspeak grant-dependency 40%
01What it does

What Conway Foundation Inc does

Mission

To empower current and aspiring entrepreneurs, innovators, and small buisness leaders

As stated on its FY2025 Form 990.

Program

  1. The conductor's mission is to empower current and aspiring entrepreneurs, innovators, and small business leaders. Conductor provides no-cost one-on-one consulting, technical assistance, subject matter expertise, and workshops for small business owners to lower barriers to starting and growing businesses. Conductor operates the arnold innovation center which is an 11,000 sq ft coworking and meeting space for small business owners and entrepreneurs to start, collaborate, and grow. Kauffman foundation was a funding partner for this mission in helping create lower barriers to starting and growing businesses.

    $89,192 spent$31,822 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $89,192.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($284k) Expenses 100 ($135k) Net assets 100 ($130k)2023 Revenue 95 ($269k) Expenses 69 ($93k) Net assets 236 ($306k)2024 Revenue 14 ($40k) Expenses 62 ($84k) Net assets 202 ($262k)2025 Revenue 19 ($55k) Expenses 68 ($91k) Net assets 174 ($226k)
2022202320242025
Revenue (19)Expenses (68)Net assets (174)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $683k to $863k (+26%).

$683k
$863k
$847k
$823k
2022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

42% of CONWAY FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (95% for the typical peer).

This organization
Typical peer · 8,549 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$149k
’22
$176k
’23
−$44k
’24
−$36k
’25
21
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Brad Lacy

Exec director

As listed on its FY2025 Form 990.

2022202320242025
Listed98911
Joined·+0+1+6
No longer listed·104
03Who funds it

Who funds it, year by year

2021 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $78k → $3k.

From the IRS filings of CONWAY FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CONWAY FOUNDATION INC leans on a few funders — its largest provides 52% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

52%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2021 97% · 2022 89% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

61% of CONWAY FOUNDATION INC's grant income comes from Arkansas funders.

MO
AR

In-state vs out-of-state, by year

’21
’22
’23
Arkansas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CONWAY FOUNDATION INC is better cushioned than half of the 4,748 philanthropy nonprofits its size.

Operating margin−65% · bottom quartile
Months of reserve20.7mo · above the median
Revenue growth (annualized)−42% · bottom quartile

this organization peer median middle 50% of peers· 4,748 philanthropy nonprofits under $100k, FY2025

Organizations like CONWAY FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arkansas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

11
board members
91%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

AR

Part of a family of 1 related entity

  • Conway Area Chamber of Commerce · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CONWAY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CONWAY FOUNDATION INC?
CONWAY FOUNDATION INC (Arkansas) receives grants from 4 organizations whose IRS filings report $192,500 to it, the largest being ADCOCK FAMILY FOUNDATION ($100,000). 1 of them have funded it in more than one year.
How many funders does CONWAY FOUNDATION INC have?
IRS filings report 4 organizations giving $192,500 in grants to CONWAY FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of CONWAY FOUNDATION INC?
ADCOCK FAMILY FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like CONWAY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arkansas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Conway →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing