Civic Intelligence

Main Street Texarkana

990 • Fiscal year 2021 • EIN 71-0683066

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

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

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

51st percentile

9.6%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$51,997

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 27.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

47th percentile

3.7%

Faster asset growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

15%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$309,941

Up $10,927 (+3.7%) from 2020

Net Assets

Up

$302,017

Up $18,305 (+6.5%) from 2020

Liabilities

Down

$7,924

Down $7,378 (-48%) from 2020

Revenue

Up

$190,331

Up $25,530 (+15%) from 2020

Expenses

Up

$172,026

Up $42,456 (+33%) from 2020

Net Income

Down

$18,305

Down $16,926 (-48%) from 2020

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

2021

Assets$309,941
Liabilities$7,924
Net Assets$302,017

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

2021

Revenue$190,331
Expenses$172,026
Net Income$18,305
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$191,901
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$214,661$185,054▼ $29,607
Other Notes and Loans Receivable, Net$27,234$68,747▲ $41,513
Accounts Receivable$4,490$3,600▼ $890
Land, Buildings, and Equipment, Net$1,682$1,306▼ $376
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$299,014$309,941▲ $10,927
Other Assets Total$50,947$51,234▲ $287
Liabilities
Accounts Payable and Accrued Expenses$13,443$5,576▼ $7,867
Other Liabilities$1,859$2,348▲ $489
Total Liabilities$15,302$7,924▼ $7,378
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$283,712$302,017▲ $18,305
Total Net Assets Fund Balance$283,712$302,017▲ $18,305
Total Liabilities and Net Assets / Fund Balance$299,014$309,941▲ $10,927

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,306$576$1,882
Other Assets Org$1--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ina M McdowellExecutive DirectorFT$51,997$51,997

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$189,551
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$780
All Other Contributions
$131,375
Change in Net Assets
$18,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$95,152
Salaries, Compensation, and Employee Benefits$57,867
Grants and Similar Amounts Paid$19,007
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$40,316$13,439-$53,755
Grants to Domestic Individuals$19,007--$19,007
All Other Expenses-$7,023-$7,023
Advertising$6,821--$6,821
Fees for Services Accounting-$5,025-$5,025
Occupancy-$4,710-$4,710
Payroll Taxes$3,084$1,028-$4,112
Other Expenses$4,093--$4,093
Insurance-$2,091-$2,091
Conferences and Meetings-$1,433-$1,433
Office Expenses-$523-$523
Depreciation Depletion-$376-$376
Fees for Services Other-$199-$199
Travel-$84-$84
Total Functional Expenses$136,095$35,931$0$172,026
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$1,333
Fit Withholding$1,015
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
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ina M Mcdowell
Formed
2005
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
3

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/LandBldgEquipCostOrOtherBssAmt01882
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt011410
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0283712
IRS990/NetAssetsOrFundBalancesEOYAmt0302017
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt0780
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0780
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0283712
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0302017
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt04710
IRS990/OccupancyGrp/TotalAmt04710
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0523
IRS990/OfficeExpensesGrp/TotalAmt0523
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt050947
IRS990/OtherAssetsTotalGrp/EOYAmt051234
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CITY GUIDE
IRS990/OtherExpensesGrp/Desc1DOWNTOWN PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc2CHRISTMAS PARADE
IRS990/OtherExpensesGrp/Desc3BEAUTIFICATION
IRS990/OtherExpensesGrp/ProgramServicesAmt029366
IRS990/OtherExpensesGrp/ProgramServicesAmt125095
IRS990/OtherExpensesGrp/ProgramServicesAmt28313
IRS990/OtherExpensesGrp/ProgramServicesAmt34093
IRS990/OtherExpensesGrp/TotalAmt029366
IRS990/OtherExpensesGrp/TotalAmt125095
IRS990/OtherExpensesGrp/TotalAmt28313
IRS990/OtherExpensesGrp/TotalAmt34093
IRS990/OtherLiabilitiesGrp/BOYAmt01859
IRS990/OtherLiabilitiesGrp/EOYAmt02348
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt027234
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt068747
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01028
IRS990/PayrollTaxesGrp/ProgramServicesAmt03084
IRS990/PayrollTaxesGrp/TotalAmt04112
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0INA M MCDOWELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0CITY GUIDE PUBLICATION TO PROMOTE TOURISM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049620
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt041845
IRS990/ProgSrvcAccomActy3Grp/Desc0DOWNTOWN HOLIDAY & FESTIVAL PROMOTIONS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt019886
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt026076
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0164836
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt08598
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt065124
IRS990/PYOtherRevenueAmt0-35
IRS990/PYRevenuesLessExpensesAmt035231
IRS990/PYSalariesCompEmpBnftPaidAmt055848
IRS990/PYTotalExpensesAmt0129570
IRS990/PYTotalRevenueAmt0164801
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt018305
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt022595
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0189551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0164836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0107874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0149676
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0759155
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0759155
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0189551
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0164836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0107874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0149676
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0759155
IRS990ScheduleA/TotalSupportAmt0759155
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051233
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CNB CERTIFICATE OF DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01306
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0576
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11015
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FICA WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FIT WITHHOLDING
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01306
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051234
IRS990ScheduleD/TotalLiabilityAmt02348
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt117750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2157
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TX COVID RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt121-DTR-32
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt222-DTR-32
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01

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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