ARLINGTON TOURISM PUBLIC IMPROVEME… - Form 990 Financial Data

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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

2015

Legal Domicile

Principal Officer

STACEY SNYDER

Phone

8177047576

Tax Period

2024-10-01 to 2025-09-30

ARLINGTON TOURISM PUBLIC IMPROVEMENT DISTRICT CORPORATION, founded in 2015, is a community nonprofit in the Employment sector that reported $4.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $5.1M exceeded revenue, resulting in a 19% operating deficit.

Mission

The Arlington Tourism Public Improvement District (ATPID) is a public improvement district dedicated solely to increasing convention and group hotel bookings, room night consumption, and marketing for the City of Arlington (COA) ATPID hotels.

Program Service Accomplishments

Program 1

The ATPID is funded by a 2 percent assessment that is assessed to all taxable room night sales in Arlington hotels with a minimum of 75 rooms. ATPID funds are legally restricted to spending only on special supplemental services relating to the ATPID marketing, business recruitment, and promotional activities authorized by Chapter 372, Local Government Code for improvement and promotion of the ATPID.

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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 $0

Program Service Revenue $4,177,145

Investment Income $73,790

Other Revenue $26,400

TOTAL REVENUE $4,277,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,016

Fundraising Expenses $0

Other Expenses $5,053,781

TOTAL EXPENSES $5,095,797

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,277,335	$3,879,226	+0.1%
Expenses	$5,095,797	$3,728,632	+0.4%
Net Income	$-818,462	$150,594	-6.4%

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

N/A

Volunteers

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

$1,511,318

Total Directors

$714,535

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENT DERAAD	President & CEO	8.00	Officer Director	$0	$87,843	$480,543
CHAD ENLOE	SVP-SALES	8.00	Officer	$0	$47,321	$309,660
WILLIAM WILSON	SVP-SPORTS SALE	8.00	Officer	$0	$39,545	$269,396
JOEL MCLELLAND	SVP-FIN/ADM	16.00	Officer Director	$0	$45,704	$233,992
MARY GERMAN	COO	33.34	Officer	$0	$22,669	$217,727
JOELE HATTON	DIR OF SALES	8.00		$0	$32,987	$194,015
MICHAEL LY	VP-MKTG	8.00		$0	$23,672	$184,685
JOE BEDSOLE	DIR OF STATE ACCTS	8.00		$0	$37,270	$171,532
Stefanie METCALF	DIR OF NAT ACCTS	8.00		$0	$21,894	$156,731
Kelly Wildfong	Natl Accts Dir	8.00		$0	$15,297	$141,372
TRACY NGUYEN	Director	1.00	Director	$0	$0	$0
LOURDES YANOURI	Director	1.00	Director	$0	$0	$0
JAGS PATEL	VICE CHAIR/TREA	1.00	Officer Director	$0	$0	$0
STACEY SNYDER	Chairman	1.00	Officer Director	$0	$0	$0
ANSHUL SINGHAL	Director	1.00	Director	$0	$0	$0
BARRY WHITE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN CUMMINGS	Secretary	1.00	Officer Director	$0	$0	$0
DEANNA HENDRIX	Director	1.00	Director	$0	$0	$0
BILL MCKENZIE	Director	1.00	Director	$0	$0	$0
DUTT N PRANAV	Director	1.00	Director	$0	$0	$0
KEITH KIRK	Director	1.00	Director	$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
2025	$4,277,335	$5,095,797	$2,372,652	$-818,462
2024	$3,879,226	$3,728,632	$3,517,976	$150,594
2023	$3,319,212	$2,341,782	$3,023,182	$977,430
2022	$2,940,169	$2,584,286	$2,074,644	$355,883
2021	$2,726,696	$1,808,190	$1,737,906	$918,506
2020	$1,760,945	$1,935,429	$787,300	$-174,484
2019	$2,580,024	$2,912,871	$1,072,580	$-332,847
2018	$2,425,108	$2,853,647	$1,524,631	$-428,539

ARLINGTON TOURISM PUBLIC IMPROVEMENT DISTRICT CORPORATION