Civic Intelligence

Ark-La-Tex Ambassadors Inc

990 • Fiscal year 2019 • EIN 72-6011282

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 11, 2020

7591 Fern Ave 1201Shreveport, LA 71105

(318) 865-5555

Siviq Scores

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

Liabilities / Assets

70th percentile

0.18x

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

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.14x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Net Margin

21st percentile

-7.9%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$42,675

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Asset Growth

16th percentile

-6.5%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

-0.3%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$480,916

Down $33,354 (-6.5%) from 2018

Net Assets

Down

$396,645

Down $51,138 (-11%) from 2018

Liabilities

Up

$84,271

Up $17,784 (+27%) from 2018

Revenue

Down

$605,800

Down $1,976 (-0.3%) from 2018

Expenses

Up

$653,414

Up $21,129 (+3.3%) from 2018

Net Income

Down

-$47,614

Down $23,105 (-94%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $424,512Liabilities 2011: $1,868Net Assets 2011: $422,6442011Assets 2012: $423,677Liabilities 2012: $1,633Net Assets 2012: $422,0442012Assets 2013: $436,671Liabilities 2013: $1,828Net Assets 2013: $434,8432013Assets 2014: $513,236Liabilities 2014: $3,089Net Assets 2014: $510,1472014Assets 2015: $504,705Liabilities 2015: $830Net Assets 2015: $503,8752015Assets 2016: $528,644Liabilities 2016: $7,628Net Assets 2016: $521,0162016Assets 2017: $476,250Liabilities 2017: $3,958Net Assets 2017: $472,2922017Assets 2018: $514,270Liabilities 2018: $66,487Net Assets 2018: $447,7832018Assets 2019: $480,916Liabilities 2019: $84,271Net Assets 2019: $396,6452019Assets 2020: $658,007Liabilities 2020: $98,074Net Assets 2020: $559,9332020Assets 2021: $776,020Liabilities 2021: $101,219Net Assets 2021: $674,8012021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2019

Assets$480,916
Liabilities$84,271
Net Assets$396,645

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $462,3142011Expenses 2012: $477,9092012Expenses 2013: $520,6442013Revenue 2014: $694,091Expenses 2014: $684,894Net Income 2014: $9,1972014Revenue 2015: $642,777Expenses 2015: $650,340Net Income 2015: -$7,5632015Revenue 2016: $738,261Expenses 2016: $722,708Net Income 2016: $15,5532016Revenue 2017: $650,872Expenses 2017: $689,956Net Income 2017: -$39,0842017Revenue 2018: $607,776Expenses 2018: $632,285Net Income 2018: -$24,5092018Revenue 2019: $605,800Expenses 2019: $653,414Net Income 2019: -$47,6142019Revenue 2020: $450,128Expenses 2020: $285,841Net Income 2020: $164,2872020Revenue 2021: $373,788Expenses 2021: $256,420Net Income 2021: $117,3682021Revenue 2022: $10,275Expenses 2022: $118,673Net Income 2022: -$108,3982022

Highlighted filing

2019

Revenue$605,800
Expenses$653,414
Net Income-$47,614
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 11, 2020
Return Version
2018v3.2
Gross Receipts
$605,800
Mission and Program Overview

Mission

The ark-la-tex ambassadors, inc. Promotes the cultural activities in the shreveport-bossier city area.the holiday in dixie festival seeks to enhance the quality of life in the ark-la-tex by fostering a spirit of community involvement and pride, providing family friendly entertainment, and celebrating spring and the louisiana purchase.

Promotion of cultural activities in the shreveport-bossier city area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$447,783$396,645▼ $51,138
Savings and Temporary Cash Investments$266,501$224,500▼ $42,001
Cash and Non-Interest-Bearing Accounts$186,269$181,475▼ $4,794
Prepaid Expenses and Deferred Charges$59,000$72,748▲ $13,748
Accounts Receivable$2,500$2,193▼ $307
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$514,270$480,916▼ $33,354
Liabilities
Accounts Payable and Accrued Expenses$66,487$84,271▲ $17,784
Total Liabilities$66,487$84,271▲ $17,784
Net Assets / Fund Balance
Total Net Assets Fund Balance$447,783$396,645▼ $51,138
Total Liabilities and Net Assets / Fund Balance$514,270$480,916▼ $33,354

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$12,359$12,359
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Madge DavisExecutive DirectorFT$42,675$42,675
Morgan SimpsonSecretary-$22,500$22,500

Board Members and Trustees

NameTitle
Peggy MurphyChairman
Alvis OlsanPast Chairman
Dr Stephen WhitePast Chairman
Liz MccurdeEx-officio Member
Richard LambEx-officio Member
Carolyn MurphyMember at Large
Chris ElbersonMember at Large
Christopher CastlemanMember at Large
Dr Eric BicknellMember at Large
Gahagan PughMember at Large
Graham ThompsonMember at Large
John PickensMember at Large
Lee DavisMember at Large
Liz ComegysMember at Large
Parker MaxwellMember at Large
Paula FranklingMember at Large
Susannah PoljakMember at Large
Nick CourvilleTreasurer
Vickie MeadowsVice-chariman
Revenue and Support

Revenue Composition

Contributions and Grants
$258,080
Program Service Revenue
$338,862
Investment Income
$5,587
Other Revenue
$3,271
Change in Net Assets
$-47,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$621,904
Salaries, Compensation, and Employee Benefits$31,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$28,470-$28,470
Other Expenses$8,143--$8,143
All Other Expenses$7,372$181-$7,553
Occupancy-$5,625-$5,625
Insurance-$5,583-$5,583
Advertising$4,756--$4,756
Payroll Taxes-$2,750-$2,750
Fees for Services Accounting-$1,000-$1,000
Office Expenses-$492-$492
Other Salaries and Wages-$290-$290
Total Functional Expenses$609,023$44,391$0$653,414
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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 A, Line 6

Ark-la-tex ambassadors, inc. Has members.

Form 990, Part VI, Section A, Line 7A

The members of the ark-la-tex ambassadors, inc. Elect the governing body.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is provided to executive director and treasurer for review prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ark-la-tex Ambassadors Inc
EIN
72-6011282
Phone
3188655555
Address
7591 FERN AVE 1201, SHREVEPORT, LA 71105

Signing Officer

Name
Spencer Lamb
Title
Treasurer
Phone
3188655555
Signed
2020-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Spencer Lamb
Formed
1949
Legal Domicile
La
Voting Board Members
20
Independent Board Members
19
Employees
3
Volunteers
120

Preparer

Firm
Heard Mcelroy & Vestal LLC
Address
333 TEXAS STREET SUITE 1525, SHREVEPORT, LA 71101
Preparer
Roy E Prestwood
Phone
3184291525
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IRS990/LandBldgEquipCostOrOtherBssAmt012359
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0258080
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ARK-LA-TEX AMBASSADORS, INC. PROMOTES THE CULTURAL ACTIVITIES IN THE SHREVEPORT-BOSSIER CITY AREA.THE HOLIDAY IN DIXIE FESTIVAL SEEKS TO ENHANCE THE QUALITY OF LIFE IN THE ARK-LA-TEX BY FOSTERING A SPIRIT OF COMMUNITY INVOLVEMENT AND PRIDE, PROVIDING FAMILY FRIENDLY ENTERTAINMENT, AND CELEBRATING SPRING AND THE LOUISIANA PURCHASE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0447783
IRS990/NetAssetsOrFundBalancesEOYAmt0396645
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/ManagementAndGeneralAmt05625
IRS990/OccupancyGrp/TotalAmt05625
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0492
IRS990/OfficeExpensesGrp/TotalAmt0492
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0COTILLION CLUB
IRS990/OtherExpensesGrp/Desc1ROYAL ORDER
IRS990/OtherExpensesGrp/Desc2PLANTATION BALL
IRS990/OtherExpensesGrp/Desc3MEMBER PARTIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0440929
IRS990/OtherExpensesGrp/ProgramServicesAmt188729
IRS990/OtherExpensesGrp/ProgramServicesAmt259094
IRS990/OtherExpensesGrp/ProgramServicesAmt38143
IRS990/OtherExpensesGrp/TotalAmt0440929
IRS990/OtherExpensesGrp/TotalAmt188729
IRS990/OtherExpensesGrp/TotalAmt259094
IRS990/OtherExpensesGrp/TotalAmt38143
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03271
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03271
IRS990/OtherRevenueTotalAmt03271
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0290
IRS990/OtherSalariesAndWagesGrp/TotalAmt0290
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02750
IRS990/PayrollTaxesGrp/TotalAmt02750
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt059000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt072748
IRS990/PrincipalOfficerNm0SPENCER LAMB
IRS990/PriorPeriodAdjustmentsAmt0-3524
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0COTILLION
IRS990/ProgramServiceRevenueGrp/Desc1PLANTATION BALL
IRS990/ProgramServiceRevenueGrp/Desc2AMBASSADOR INCOME
IRS990/ProgramServiceRevenueGrp/Desc3CARNIVAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0284925
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt141798
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35523
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0284925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt141798
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35523
IRS990/ProgSrvcAccomActy2Grp/Desc0PLANTATION EXPENSES FOR THE ANNUAL HOLIDAY IN DIXIE BALL AND ASSOCIATED ACTIVITIES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt059094
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt041798
IRS990/ProgSrvcAccomActy3Grp/Desc0ROYAL ORDER EXPENSES FOR THE ANNUAL HOLIDAY IN DIXIE BALL AND ASSOCIATED ACTIVITIES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt088729
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt020271
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt015410
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0293528
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02341
IRS990/PYOtherExpensesAmt0575449
IRS990/PYOtherRevenueAmt0803
IRS990/PYProgramServiceRevenueAmt0311104
IRS990/PYRevenuesLessExpensesAmt0-24509
IRS990/PYSalariesCompEmpBnftPaidAmt056836
IRS990/PYTotalExpensesAmt0632285
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0607776
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-47614
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0284925
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0447783
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0396645
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0266501
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0224500
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012359
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012359
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARK-LA-TEX AMBASSADORS, INC. HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ARK-LA-TEX AMBASSADORS, INC. ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED TO EXECUTIVE DIRECTOR AND TREASURER FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARK-LA-TEX AMBASSADORS BBQ COOK-OFF INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0475367888
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0220 CARROL STREET STE C-2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SHREVEPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd071105
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.10$1.19$1.08
2021Summary only. Only limited summary data is available for this year.$7.76$1.01$6.75$3.74$2.56$1.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.58$0.98$5.60$4.50$2.86$1.64
2019Detailed filing. Detailed filing data is available for this year.$4.81$0.84$3.97$6.06$6.53$0.48
2018Summary only. Only limited summary data is available for this year.$5.14$0.66$4.48$6.08$6.32$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$0.04$4.72$6.51$6.90$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$0.08$5.21$7.38$7.23$0.16
2015Detailed filing. Detailed filing data is available for this year.$5.05$0.01$5.04$6.43$6.50$0.08
2014Summary only. Only limited summary data is available for this year.$5.13$0.03$5.10$6.94$6.85$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$0.02$4.35$5.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.02$4.22$4.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$0.02$4.23$4.62
Peer Organizations

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