Civic Intelligence

Main Street Texarkana

990 • Fiscal year 2020 • EIN 71-0683066

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

PO Box 631Texarkana, TX 75504

(903) 792-7191

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.09x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

71st percentile

21%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$51,639

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

66th percentile

19%

Faster asset growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

-11%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$299,014

Up $48,293 (+19%) from 2019

Net Assets

Up

$283,712

Up $35,231 (+14%) from 2019

Liabilities

Up

$15,302

Up $13,062 (+583%) from 2019

Revenue

Down

$164,801

Down $20,525 (-11%) from 2019

Expenses

Down

$129,570

Down $41,994 (-24%) from 2019

Net Income

Up

$35,231

Up $21,469 (+156%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $135,513Liabilities 2010: $32,401Net Assets 2010: $103,1122010Assets 2011: $149,645Liabilities 2011: $4,748Net Assets 2011: $144,8972011Assets 2012: $156,851Liabilities 2012: $1,912Net Assets 2012: $154,9392012Assets 2013: $197,114Liabilities 2013: $5,538Net Assets 2013: $191,5762013Assets 2014: $217,650Liabilities 2014: $1,022Net Assets 2014: $216,6282014Assets 2015: $249,689Liabilities 2015: $783Net Assets 2015: $248,9062015Assets 2016: $241,557Liabilities 2016: $875Net Assets 2016: $240,6822016Assets 2017: $259,779Liabilities 2017: $1,511Net Assets 2017: $258,2682017Assets 2018: $235,784Liabilities 2018: $1,065Net Assets 2018: $234,7192018Assets 2019: $250,721Liabilities 2019: $2,240Net Assets 2019: $248,4812019Assets 2020: $299,014Liabilities 2020: $15,302Net Assets 2020: $283,7122020Assets 2021: $309,941Liabilities 2021: $7,924Net Assets 2021: $302,0172021Assets 2022: $330,642Liabilities 2022: $1,286Net Assets 2022: $329,3562022Assets 2023: $331,249Liabilities 2023: $2,536Net Assets 2023: $328,7132023Assets 2024: $350,081Liabilities 2024: $1,604Net Assets 2024: $348,4772024

Highlighted filing

2020

Assets$299,014
Liabilities$15,302
Net Assets$283,712

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $98,1142010Revenue 2011: $131,830Expenses 2011: $91,363Net Income 2011: $40,4672011Expenses 2012: $129,0182012Revenue 2013: $168,189Expenses 2013: $128,177Net Income 2013: $40,0122013Revenue 2014: $154,634Expenses 2014: $129,075Net Income 2014: $25,5592014Revenue 2015: $162,912Expenses 2015: $130,636Net Income 2015: $32,2762015Revenue 2016: $119,701Expenses 2016: $127,930Net Income 2016: -$8,2292016Revenue 2017: $164,313Expenses 2017: $146,728Net Income 2017: $17,5852017Revenue 2018: $118,905Expenses 2018: $142,454Net Income 2018: -$23,5492018Revenue 2019: $185,326Expenses 2019: $171,564Net Income 2019: $13,7622019Revenue 2020: $164,801Expenses 2020: $129,570Net Income 2020: $35,2312020Revenue 2021: $190,331Expenses 2021: $172,026Net Income 2021: $18,3052021Revenue 2022: $214,874Expenses 2022: $187,535Net Income 2022: $27,3392022Revenue 2023: $250,201Expenses 2023: $250,844Net Income 2023: -$6432023Revenue 2024: $229,139Expenses 2024: $209,375Net Income 2024: $19,7642024

Highlighted filing

2020

Revenue$164,801
Expenses$129,570
Net Income$35,231
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$167,391
Mission and Program Overview

Mission

Preserve downtown area as an economical and commercial center by bringing culture and business enterprises to the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$137,371$214,661▲ $77,290
Other Notes and Loans Receivable, Net$43,059$27,234▼ $15,825
Accounts Receivable$18,781$4,490▼ $14,291
Land, Buildings, and Equipment, Net$733$1,682▲ $949
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$250,721$299,014▲ $48,293
Other Assets Total$50,777$50,947▲ $170
Liabilities
Accounts Payable and Accrued Expenses$642$13,443▲ $12,801
Other Liabilities$1,598$1,859▲ $261
Total Liabilities$2,240$15,302▲ $13,062
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$248,481$283,712▲ $35,231
Total Net Assets Fund Balance$248,481$283,712▲ $35,231
Total Liabilities and Net Assets / Fund Balance$250,721$299,014▲ $48,293

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,682$199$1,881
Other Assets Org$50,947--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ina M McdowellExecutive DirectorFT$51,639$51,639

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$164,836
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-35
All Other Contributions
$103,389
Change in Net Assets
$35,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,124
Salaries, Compensation, and Employee Benefits$55,848
Grants and Similar Amounts Paid$8,598
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$38,909$12,970-$51,879
Grants to Domestic Individuals$8,598--$8,598
Occupancy-$5,130-$5,130
Fees for Services Accounting-$4,440-$4,440
Payroll Taxes$2,977$992-$3,969
All Other Expenses$995$2,498-$3,493
Advertising$175$2,610-$2,785
Insurance-$1,993-$1,993
Travel-$1,482-$1,482
Other Expenses$1,373$2,032-$1,373
Conferences and Meetings-$885-$885
Office Expenses-$538-$538
Depreciation Depletion-$186-$186
Fees for Services Other-$138-$138
Total Functional Expenses$93,676$35,894$0$129,570
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fica Withholding$1,169
Fit Withholding$689
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Presented by treasurer and reviewed by board and officers at board meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents will be made available upon request.

Filing and Contact Details

Filer

Filer Name
Main Street Texarkana
EIN
71-0683066
Phone
9037927191
Address
PO BOX 631, TEXARKANA, TX 75504

Signing Officer

Name
Ina M Mcdowell
Title
Executive Director
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ina M Mcdowell
Formed
2005
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
2

Preparer

Firm
Dowd & Company Pllc Cpas
Address
2710 ARKANSAS BLVD, TEXARKANA, AR 71854
Preparer
Chad E Dowd CPA
Phone
8707742505
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt050777
IRS990/OtherAssetsTotalGrp/EOYAmt050947
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CITY GUIDE
IRS990/OtherExpensesGrp/Desc1CHRISTMAS PARADE
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3DOWNTOWN PROJECT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02032
IRS990/OtherExpensesGrp/ProgramServicesAmt026357
IRS990/OtherExpensesGrp/ProgramServicesAmt114292
IRS990/OtherExpensesGrp/ProgramServicesAmt21373
IRS990/OtherExpensesGrp/TotalAmt026357
IRS990/OtherExpensesGrp/TotalAmt114292
IRS990/OtherExpensesGrp/TotalAmt22032
IRS990/OtherExpensesGrp/TotalAmt31373
IRS990/OtherLiabilitiesGrp/BOYAmt01598
IRS990/OtherLiabilitiesGrp/EOYAmt01859
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt043059
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt027234
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0992
IRS990/PayrollTaxesGrp/ProgramServicesAmt02977
IRS990/PayrollTaxesGrp/TotalAmt03969
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0INA M MCDOWELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0DOWNTOWN HOLIDAY & FESTIVAL PROMOTIONS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt025962
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015019
IRS990/ProgSrvcAccomActy3Grp/Desc0PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt021315
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt019500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0147218
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt015947
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt092613
IRS990/PYOtherRevenueAmt038108
IRS990/PYRevenuesLessExpensesAmt013762
IRS990/PYSalariesCompEmpBnftPaidAmt063004
IRS990/PYTotalExpensesAmt0171564
IRS990/PYTotalRevenueAmt0185326
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt035231
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt038400
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0164836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0147218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0107874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0149676
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0118063
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0687667
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0687667
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0164836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0147218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0107874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0149676
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0118063
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0687667
IRS990ScheduleA/TotalSupportAmt0687667
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt050947
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CNB CERTIFICATE OF DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PAYPAL RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01682
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0199
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1689
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FICA WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FIT WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ROUNDING
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01682
IRS990ScheduleD/TotalBookValueOtherAssetsAmt050947
IRS990ScheduleD/TotalLiabilityAmt01859
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt03533
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt24565
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TX COVID RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt120-DTR-32
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt221-DTR-32
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt26
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESENTED BY TREASURER AND REVIEWED BY BOARD AND OFFICERS AT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0250721
IRS990/TotalAssetsEOYAmt0299014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.02$3.48$2.29$2.09$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.31$0.03$3.29$2.50$2.51$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.31$0.01$3.29$2.15$1.88$0.27
2021Detailed filing. Detailed filing data is available for this year.$3.10$0.08$3.02$1.90$1.72$0.18
2020Detailed filing. Detailed filing data is available for this year.$2.99$0.15$2.84$1.65$1.30$0.35
2019Detailed filing. Detailed filing data is available for this year.$2.51$0.02$2.48$1.85$1.72$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.36$0.01$2.35$1.19$1.42$0.24
2017Detailed filing. Detailed filing data is available for this year.$2.60$0.02$2.58$1.64$1.47$0.18
2016Detailed filing. Detailed filing data is available for this year.$2.42$0.01$2.41$1.20$1.28$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.50$0.01$2.49$1.63$1.31$0.32
2014Detailed filing. Detailed filing data is available for this year.$2.18$0.01$2.17$1.55$1.29$0.26
2013Detailed filing. Detailed filing data is available for this year.$1.97$0.06$1.92$1.68$1.28$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.02$1.55$1.29
2011Summary only. Only limited summary data is available for this year.$1.50$0.05$1.45$1.32$0.91$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.32$1.03$0.98