Ar-Tx Redi

Organization Overview

Ar-Tx Redi is located in Texarkana, TX. The organization was established in 2018. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Ar-Tx Redi employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ar-Tx Redi is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Ar-Tx Redi generated $640.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $659.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO BRING NEW BUSINESS AND INDUSTRY TO THE TEXARKANA AREA METROPOLITAN STATISTICAL AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO BRING NEW BUSINESS AND INDUSTRY TO THE TEXARKANA AREA METROPOLITAN STATISTICAL AREA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$799,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$799,500
Total Program Service Revenue$0
Investment income $4,386
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $32,000
Net Gain/Loss on Asset Sales -$200,059
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $640,827

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