Civic Intelligence

Main Street Texarkana

990 • Fiscal year 2023 • EIN 71-0683066

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 21, 2024

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

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

41st percentile

-0.3%

Higher net margin than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$58,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 23.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.2%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

16%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$331,249

Up $607 (+0.2%) from 2022

Net Assets

Down

$328,713

Down $643 (-0.2%) from 2022

Liabilities

Up

$2,536

Up $1,250 (+97%) from 2022

Revenue

Up

$250,201

Up $35,327 (+16%) from 2022

Expenses

Up

$250,844

Up $63,309 (+34%) from 2022

Net Income

Down

-$643

Down $27,982 (-102%) from 2022

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

2023

Assets$331,249
Liabilities$2,536
Net Assets$328,713

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

2023

Revenue$250,201
Expenses$250,844
Net Income-$643
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 21, 2024
Return Version
2023v4.0
Gross Receipts
$292,421
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$218,820$185,677▼ $33,143
Other Notes and Loans Receivable, Net$52,197$47,174▼ $5,023
Accounts Receivable$7,095$46,090▲ $38,995
Land, Buildings, and Equipment, Net$929$553▼ $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$330,642$331,249▲ $607
Other Assets Total$51,601$51,755▲ $154
Liabilities
Other Liabilities$1,286$1,286→ $0
Accounts Payable and Accrued Expenses-$1,250-
Total Liabilities$1,286$2,536▲ $1,250
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$329,356$328,713▼ $643
Total Net Assets Fund Balance$329,356$328,713▼ $643
Total Liabilities and Net Assets / Fund Balance$330,642$331,249▲ $607

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$553$1,328$1,881
Other Assets Org$51,755--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ina M McdowellExecutive DirectorFT$58,000$58,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$246,616
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,585
All Other Contributions
$161,970
Change in Net Assets
$-643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,803
Salaries, Compensation, and Employee Benefits$74,596
Grants and Similar Amounts Paid$27,445
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$51,971$17,324-$69,295
Grants to Domestic Individuals$27,445--$27,445
All Other Expenses$127$11,354-$11,481
Advertising$6,222--$6,222
Fees for Services Accounting-$6,050-$6,050
Occupancy-$5,900-$5,900
Payroll Taxes$3,976$1,325-$5,301
Conferences and Meetings-$4,902-$4,902
Other Expenses$4,400--$4,400
Office Expenses-$2,542-$2,542
Travel-$2,315-$2,315
Insurance-$2,145-$2,145
Depreciation Depletion-$376-$376
Fees for Services Other-$188-$188
Total Functional Expenses$196,423$54,421$0$250,844
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,733
Fundraising Direct Expenses$39,145
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dine on the Line$41,733$41,733$17,181$24,552
Total Events$41,733$41,733$39,145$2,588
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$890
Fit Withholding$396
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, Section B, Line 11B

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

Form 990, Part VI, Section C, Line 19

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
2024-02-21
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
Raw XML AppendixShowing 400 of 495 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.

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IRS990/NetAssetsOrFundBalancesEOYAmt0328713
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt02588
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt02588
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt0997
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0997
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0329356
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0328713
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05900
IRS990/OccupancyGrp/TotalAmt05900
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02542
IRS990/OfficeExpensesGrp/TotalAmt02542
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt051601
IRS990/OtherAssetsTotalGrp/EOYAmt051755
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DOWNTOWN PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1CITY GUIDE
IRS990/OtherExpensesGrp/Desc2CHRISTMAS PARADE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt061002
IRS990/OtherExpensesGrp/ProgramServicesAmt129860
IRS990/OtherExpensesGrp/ProgramServicesAmt211420
IRS990/OtherExpensesGrp/ProgramServicesAmt34400
IRS990/OtherExpensesGrp/TotalAmt061002
IRS990/OtherExpensesGrp/TotalAmt129860
IRS990/OtherExpensesGrp/TotalAmt211420
IRS990/OtherExpensesGrp/TotalAmt34400
IRS990/OtherLiabilitiesGrp/BOYAmt01286
IRS990/OtherLiabilitiesGrp/EOYAmt01286
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt052197
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt047174
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01325
IRS990/PayrollTaxesGrp/ProgramServicesAmt03976
IRS990/PayrollTaxesGrp/TotalAmt05301
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/ExpenseAmt055968
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt044085
IRS990/ProgSrvcAccomActy3Grp/Desc0DOWNTOWN HOLIDAY & FESTIVAL PROMOTIONS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt026339
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt014385
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0197525
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt023250
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt097620
IRS990/PYOtherRevenueAmt017349
IRS990/PYRevenuesLessExpensesAmt027339
IRS990/PYSalariesCompEmpBnftPaidAmt066665
IRS990/PYTotalExpensesAmt0187535
IRS990/PYTotalRevenueAmt0214874
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-643
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt060280
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0288349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0234738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0189551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0164836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0147218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01024692
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01024692
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0288349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0234738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0189551
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0164836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0147218
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01024692
IRS990ScheduleA/TotalSupportAmt01024692
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051755
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CNB CERTIFICATE OF DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0553
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01328
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FICA WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FIT WITHHOLDING
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0553
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051755
IRS990ScheduleD/TotalLiabilityAmt01286
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039145
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt015418
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt015418
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINE ON THE LINE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02514
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt041733
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt041733
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt041733
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt041733
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt02588
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017181
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017181
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04032
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04032
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt027445
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TX COVID RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt121-DTR-32
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt222-DTR-32
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt323-DTR-32

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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