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Arkansas · Nonprofit

NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC

NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC (Arkansas) receives grants from 4 organizations whose IRS filings report $380,770 to it, the largest being BOONE COUNTY ECONOMIC DEVELOPMENT CORPORATION ($197,389). 2 of them have funded it in more than one year.

Revenue FY2024
$4.5M
Funders on record
4
Grants received
$381k
Net assets
$5.4M
2/4 repeat funderspeak grant-dependency 3%
01What it does

What Northwest Arkansas Economic Development District Inc does

Mission

To afford local governments and citizens a regional forum to identify issues and opportunities and to provide leadership in planning and implementing programs to improve the quality of life in our district.

As stated on its FY2024 Form 990.

Program

  1. Nwaedd provides a variety of service offerings, with the top three being its transportation division through north arkansas transportation services (nats), its workforce division funded through the workforce innovation & opportunity act (wioa), and its community development division. Nats provides a myriad of transportation solutions to its passengers such as demand response routes, deviated fixed routes, and commuter routes. The wioa program accommodates its participants through educational & job skill training opportunities for disadvantaged youth, disadvantaged adults, and dislocated workers that positions them to advance their careers. The community development division seeks out, applies for, and administers grants on behalf of its member city & county governments.

    $4,785,577 spent$1,134,166 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $4,785,577.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($6.9M) Expenses 100 ($6.7M) Net assets 100 ($1.8M)2018 Revenue 89 ($6.1M) Expenses 92 ($6.2M) Net assets 99 ($1.7M)2019 Revenue 75 ($5.1M) Expenses 75 ($5.0M) Net assets 104 ($1.8M)2020 Revenue 79 ($5.4M) Expenses 71 ($4.7M) Net assets 140 ($2.5M)2021 Revenue 87 ($6.0M) Expenses 78 ($5.2M) Net assets 185 ($3.3M)2022 Revenue 86 ($5.9M) Expenses 75 ($5.0M) Net assets 236 ($4.2M)2023 Revenue 93 ($6.4M) Expenses 77 ($5.1M) Net assets 308 ($5.4M)2024 Revenue 66 ($4.5M) Expenses 68 ($4.6M) Net assets 305 ($5.4M)
'17'18'19'20'21'22'23'24
Revenue (66)Expenses (68)Net assets (305)

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 $5.1M to $6.2M (+23%).

$3.1M
$3.0M
$2.5M
$3.3M
$4.1M
$5.1M
$6.2M
$6.3M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 85% · 2018 83% · 2019 67% · 2020 82% · 2021 78% · 2022 78% · 2023 74% · 2024 64%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$164k
’17
−$45k
’18
$89k
’19
$650k
’20
$797k
’21
$894k
’22
$1.3M
’23
−$37k
’24
8.3
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

Joe Willis

Executive director

Board chair

Doug Sprouse

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2628282828283030
Joined·+2+3+0+3+2+14+0
No longer listed·03032120
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $14k → $215k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
2
2
2
2
2
3
3
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT 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

NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC leans on a few funders — its largest provides 52% of grant income and the top three 99%; half comes from just 1 funder.

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

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC.

52%
largest funder
99%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 55% · 2019 52% · 2020 53% · 2021 62% · 2022 63% · 2023 92% — diversifying over time.

“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

100% of NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC's grant income comes from Arkansas funders.

AR

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

’17
’18
’19
’20
’21
’22
’23
Arkansas out of state home

Funder states come from each funder’s own filing. $97k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Government funding NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.4M on record.

Federal$2.4M
grants $2.4Mcontracts $0
17
20
21
23
26
Top agencies
  • Department of Commerce$1.6M
  • Department of Justice$550k
  • Department of Agriculture$135k
  • Department of Health and Human Services$125k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT 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

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

29
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

90%

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

Screen this organization

A dated, signed PDF of the compliance screen for NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC?
NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC (Arkansas) receives grants from 4 organizations whose IRS filings report $380,770 to it, the largest being BOONE COUNTY ECONOMIC DEVELOPMENT CORPORATION ($197,389). 2 of them have funded it in more than one year.
How many funders does NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC have?
IRS filings report 4 organizations giving $380,770 in grants to NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC, 2 of which have funded it in more than one year.
Who is the largest funder of NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC?
BOONE COUNTY ECONOMIC DEVELOPMENT CORPORATION is the largest funder on record, with $197,389 in grants. The full list of funders is on this page.
How can an organization like NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT 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 Northwest Arkansas Economic Development District →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), 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