MAIN STREET TEXARKANA BUSINESS ORGANIZATION FOR A NEW DOWNTOWN (EIN 710683066) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

INA M MCDOWELL

Phone

9037927191

Tax Period

2024-01-01 to 2024-12-31

MAIN STREET TEXARKANA BUSINESS ORGANIZATION FOR A NEW DOWNTOWN, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $229K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $209K left a modest 9% surplus.

Mission

PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $222,337

Program Service Revenue $0

Investment Income $0

Other Revenue $6,802

TOTAL REVENUE $229,139

Expense Breakdown

Grants Paid $22,107

Salaries & Benefits $80,997

Fundraising Expenses $0

Program Expenses $153,029

Other Expenses $106,271

TOTAL EXPENSES $209,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$229,139	$250,201	-0.1%
Expenses	$209,375	$250,844	-0.2%
Net Income	$19,764	$-643	-31.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$60,320

Total Directors

$60,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
INA M MCDOWELL	Executive Dir.	40.00	Officer Director	$60,320	$0	$60,320
PHILIP MOBLEY	OFFICER	2.00	Officer	$0	$0	$0
STEVE THOMPSON	Treasurer	2.00	Officer	$0	$0	$0
DR BRIAN MATTHEWS	President	2.00	Officer	$0	$0	$0
VIRGINIA TRAMMELL	OFFICER	2.00	Officer	$0	$0	$0
KATHY BOYLES	OFFICER	2.00	Officer	$0	$0	$0
JASON WILLIAMS	Vice President	2.00	Officer	$0	$0	$0
APRIL JONES	OFFICER	2.00	Officer	$0	$0	$0
RASHINDA HAMPTON	OFFICER	2.00	Officer	$0	$0	$0
LEANDREA LARRY	OFFICER	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$229,139	$209,375	$350,081	$19,764
2023	$250,201	$250,844	$331,249	$-643
2022	$214,874	$187,535	$330,642	$27,339
2021	$190,331	$172,026	$309,941	$18,305
2020	$164,801	$129,570	$299,014	$35,231
2019	$185,326	$171,564	$250,721	$13,762

MAIN STREET TEXARKANA BUSINESS ORGANIZATION FOR A NEW DOWNTOWN