Nonprofit · EIN 81-0626998
UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION
Tax-exempt · FAYETTEVILLE, AR 72701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,619,964 | $3,746,812 | -$1,126,848 | $18,391,787 | $10,714,869 | $7,676,918 |
| June 30, 2024 | 990 | $2,739,399 | $3,619,982 | -$880,583 | $18,035,603 | $10,661,683 | $7,373,920 |
| June 30, 2023 | 990 | $2,295,034 | $3,201,523 | -$906,489 | $18,270,139 | $11,392,585 | $6,877,554 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,448,533
- Investment income
- $171,431
- Net gain from sales of assets
- $49,051
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $328,477
- Professional fundraising fees
- $0
- Legal fees
- $56,380
- Accounting fees
- $53,837
- Occupancy
- $2,164,139
- Depreciation
- $577,758
- Program services (functional)
- $3,324,803
- Management and general (functional)
- $422,009
Balance sheet and other
- Total assets, start of year
- $18,035,603
- Total assets, end of year
- $18,391,787
- Total liabilities, end of year
- $10,714,869
- Net assets, end of year
- $7,676,918
- Land, buildings and equipment
- $13,438,761
- Net assets without donor restrictions
- $7,676,918
- Gross receipts
- $2,619,964
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2003
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MIKE MALONE | FORMER PRESIDENT Former | 40 | $0 | $116,460 | $26,037 |
| ANN BORDELON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLETE BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIM NEEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARGARET SOVA MCCABE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARSHALL SAVIERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STAN GREEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN NORTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TERRY MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES SMITH | SECRETARY AND LEGAL COUNSE Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID SNOW | PRESIDENT Trustee or director, Officer | 40 | $0 | $278,100 | $29,190 |
| ANN BORDELON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLETE BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES SMITH | SECRETARY AND LEGAL COUNSE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KIM NEEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARGARET SOVA MCCABE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARSHALL SAVIERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE MALONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STAN GREEN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN NORTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TERRY MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID SNOW | PRESIDENT Trustee or director, Officer | 40 | $0 | $283,500 | $29,066 |
| STAN GREEN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TERRY MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANN BORDELON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARSHALL SAVIERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLETE BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MATT WALLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE MALONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN NORTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARGARET SOVA MCCABE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES SMITH | SECRETARY AND LEGAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 535 W RESEARCH CENTER BLVD, FAYETTEVILLE, AR 72701-6922
- In care of
- % JAMES W SMITH
- Principal officer (990 for 2024)
- STAN GREEN, 535 W RESEARCH CENTER BLVD 109, FAYETTEVILLE, AR 72701
- Signed the 990
- STAN GREEN, PRESIDENT
- Phone
- (479) 575-8411
- Website
- HTTPS://ARTP.UARK.EDU/
- Return prepared by
- FROST PLLC
Mission
SUPPORTING ORGANIZATION TO THE UNIVERSITY OF ARKANSAS, FAYETTEVILLE WITH THE RESPONSIBILITY TO MANAGE, ADMINISTER, AND MAINTAIN THE ARKANSAS REASEARCH TECHNOLOGY PARK (A UNIVERSITY-OWNED SCIENCE AND TECHNOLOGY DEVELOPMENT), ASSISTING ENTREPRENEURIAL, UNIVERSITY FACULTY MEMBERS AND OTHERS IN THE TRANSFER OF TECHNOLOGY OR INTELLECTUAL PROPERTY FOR USE IN SOCIETY INCLUDING NEW STARTUP COMPANIES TO IMPROVE THE ECONOMIC BASE OF THE STATE OF ARKANSAS.
Program accomplishments
- MANAGEMENT OF THE ARKANSAS RESEARCH TECHNOLOGY PARK.MANAGED APPROXIMATELY 131,277 SQUARE FEET OF SPACE LEASED TO TECHNOLOGY DEVELOPMENT START-UP COMPANIES AND OTHERS.MENTORED (IN THE GENESIS TECHNOLOGY INCUBATOR) APPROXIMATLEY 35 SMALL TECHNOLOGY COMPANIES AND OTHER TENANTS.Expenses $3,324,803 · revenue $2,448,533
- MANAGED INTELLECTUAL PROPERTY DEVELOPMENT. MARKETED INTELLECTUAL PROPERTY TO PROSPECTIVE LICENSEES AND PROTECTED INTELLECTUAL PROPERTY RIGHTS (PATENT) FOR INTELLECTUAL PROPERTIES ASSIGNED TO THE FOUNDATION BY THE UNIVERSITY OF ARKANSAS.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0626998
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $18,391,787
- Income (IRS master file)
- $2,619,964
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,619,964 | $3,746,812 | $18,391,787 | XML |
| 990 | June 2024 | $2,739,399 | $3,619,982 | $18,035,603 | XML |
| 990 | June 2023 | $2,295,034 | $3,201,523 | $18,270,139 | XML |
| 990 | June 2022 | $2,093,754 | $3,064,468 | $18,380,736 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 81-0626998).
Questions about UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION
- What is the EIN of UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION is 81-0626998.
- Is UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION 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 ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION 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 ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION 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 ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION?
- The 990 for the year ended June 30, 2025 names STAN GREEN.
- Who are the officers and directors of UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,619,964, expenses of $3,746,812 and total assets of $18,391,787 at year end.
Other nonprofits in FAYETTEVILLE
- JOHN AND ASHLEY RAUSCH FAMILY CHARI TABLE FOUNDATION EIN 39-4712694 · last filed 990-PF for 2025
- WILLARD AND PAT WALKER CHARITABLE FOUNDATION INC EIN 20-0235689 · last filed 990-PF for 2025
- CHAMPIONS FOR KIDS EIN 68-0587684 · last filed 990 for 2024
- TYSON FOUNDATION INC EIN 23-7087948 · last filed 990-PF for 2024
- EVANS FAMILY FOUNDATION EIN 20-3917822 · last filed 990-PF for 2025
- UNITED WAY OF NORTHWEST ARKANSAS INC EIN 71-0305700 · last filed 990 for 2024
- DON S & DEBRA D HARRIS FAMILY CHARITABLE TR EIN 61-6249560 · last filed 990-PF for 2025
- YATES FAMILY FOUNDATION EIN 83-1096585 · last filed 990-PF for 2025
All nonprofits in FAYETTEVILLE · Arkansas · Philanthropy, voluntarism and grantmaking foundations