Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Naifa-Arkansas
EIN 71-6052266 • 501(c)6 • Cedar Falls, IA
Profile
Advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.30x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
43rd percentile
Higher net margin than 43% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Balance Sheet
Assets
Down$208,876
Down $5,052 (-2.4%) from 2023
Liabilities
Down$62,887
Down $3,161 (-4.8%) from 2023
Net Assets
Down$145,989
Down $1,891 (-1.3%) from 2023
Revenue
Up$79,768
Up $6,227 (+8.5%) from 2023
Expenses
Up$81,659
Up $17,358 (+27%) from 2023
Net Income
Down-$1,891
Down $11,131 (-120%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $208,876
- Liabilities
- $62,887
- Net assets
- $145,989
- Revenue
- $79,768
- Expenses
- $81,659
- Net income
- -$1,891
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 3, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $79,768
Mission and Program Overview
Mission
Advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members.
Empower financial professionals and consumers through world-class advocacy and education.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ANNUAL EDUCATIONAL PROGRAMS INCLUDING AN ANNUAL STATE CONVENTION. | $0 | $0 |
| NETWORKING AND SUPPORT ACTIVITIES FOR THE MEMBERSHIP. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SCOTT DORMINY | President | - | $0 | - | - |
| DA HUDSON | Treasurer | - | $0 | - | - |
| HOWARD WOODALL | President Elect | - | $0 | - | - |
| BOBBY BOWEN | Director | - | $0 | - | - |
| ROBERT WADDELL | Director | - | $0 | - | - |
| BRENDA DOTY | Director | - | $0 | - | - |
Political and Lobbying Activity
- In-house lobbying only
- No
Reported Spending and Taxes
| Line Item | Amount |
|---|---|
| Total Nondeductible Lobbying and Political Cost | $7,684 |
| Current Year Nondeductible Lobbying and Political Cost | $7,500 |
Filing and Contact Details
Filer
- Filer Name
- Naifa-arkansas
- EIN
- 71-6052266
- Phone
- 5012630553
- Address
- 600 STATE STREET STE A, CEDAR FALLS, IA 50613
Signing Officer
- Name
- Lisa Loden
- Title
- Executive Director
- Phone
- 5012630553
- Signed
- 2025-06-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Welgaard Cpas & Advisors
- Address
- 10550 NEW YORK AVE SUITE 100, URBANDALE, IA 50322
- Preparer
- Darlene M Danielson
- Phone
- 5152530099
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest on investments. Amount: 5,140.”
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: royalties. Amount: 185.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: meetings expense. Amount: 10,763. Description: advertising & promotion. Amount: 3,192. Description: travel. Amount: 15,023. Description: dues & subscriptions. Amount: 523. Description: contribution expense. Amount: 7,383. Description: tech maintenance. Amount: 5. Description: credit card fees. Amount: 29. Description: insurance & taxes. Amount: 1,597. Description: supplies, printing & postage. Amount: 517. Description: office expense. Amount: 316. Total to form 990-ez, line 16: 39,348.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts recievable. Beg. Of year amount: 7,405. End of year amount: 6,010. Description: prepaid expenses. Beg. Of year amount: 4,908. End of year amount: 2,727.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 4,259. End of year amount: 2,692. Description: deferred revenue. Beg. Of year amount: 20,833. End of year amount: 19,239. Description: due to affiliates. Beg. Of year amount: 40,956. End of year amount: 40,956.”
Form 990-ez, Part V, Line 34
“Re-worded the mission statement and revised the definition of a member.”
Raw XML Appendix147 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NAIFA MIDWEST OFFICE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5012630553 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 600 STATE STSTE A |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CEDAR FALLS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 50613 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 201615 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 200139 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 1 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1891 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 42311 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 213928 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 208876 |
| IRS990EZ/GrossReceiptsAmt | 0 | 79768 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 5140 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 72474 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 147880 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 145989 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 147880 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 145989 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SCOTT DORMINY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DA HUDSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | HOWARD WOODALL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BOBBY BOWEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ROBERT WADDELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRENDA DOTY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT ELECT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 12313 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8737 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39348 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 185 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EMPOWER FINANCIAL PROFESSIONALS AND CONSUMERS THROUGH WORLD-CLASS ADVOCACY AND EDUCATION. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1969 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ANNUAL EDUCATIONAL PROGRAMS INCLUDING AN ANNUAL STATE CONVENTION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | NETWORKING AND SUPPORT ACTIVITIES FOR THE MEMBERSHIP. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 1 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 66048 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 62887 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 81659 |
| IRS990EZ/TotalRevenueAmt | 0 | 79768 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | AR.NAIFA.ORG |
| IRS990ScheduleC/AggregateReportedDuesNtcAmt | 0 | 7712 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 72474 |
| IRS990ScheduleC/NonDedLbbyngPltclCyovAmt | 0 | 184 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 7500 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 7684 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleC/TaxableAmt | 0 | -28 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST ON INVESTMENTS. AMOUNT: 5,140. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ROYALTIES. AMOUNT: 185. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: MEETINGS EXPENSE. AMOUNT: 10,763. DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 3,192. DESCRIPTION: TRAVEL. AMOUNT: 15,023. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 523. DESCRIPTION: CONTRIBUTION EXPENSE. AMOUNT: 7,383. DESCRIPTION: TECH MAINTENANCE. AMOUNT: 5. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 29. DESCRIPTION: INSURANCE & TAXES. AMOUNT: 1,597. DESCRIPTION: SUPPLIES, PRINTING & POSTAGE. AMOUNT: 517. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 316. TOTAL TO FORM 990-EZ, LINE 16: 39,348. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS RECIEVABLE. BEG. OF YEAR AMOUNT: 7,405. END OF YEAR AMOUNT: 6,010. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 4,908. END OF YEAR AMOUNT: 2,727. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 4,259. END OF YEAR AMOUNT: 2,692. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 20,833. END OF YEAR AMOUNT: 19,239. DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 40,956. END OF YEAR AMOUNT: 40,956. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | RE-WORDED THE MISSION STATEMENT AND REVISED THE DEFINITION OF A MEMBER. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART V, LINE 34 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LISA LODEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5012630553 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NAIFA-ARKANSAS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NAIF |
| ReturnHeader/Filer/EIN | 0 | 716052266 |
| ReturnHeader/Filer/PhoneNum | 0 | 5012630553 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 600 STATE STREET STE A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CEDAR FALLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 50613 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 421130301 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WELGAARD CPAS & ADVISORS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10550 NEW YORK AVE SUITE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | URBANDALE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 50322 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5152530099 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DARLENE M DANIELSON |
| ReturnHeader/ReturnTs | 0 | 2025-06-03T14:31:07-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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