Ark La Tex Investment & Development Corporation
501(c)(6)
Only null% goes to programs Strong reserves Declining revenue
Ark La Tex Investment & Development Corporation is a 501(c)(6) organization based in Bossier City, Louisiana, registered in 1984, with $1,571 in FY2022 revenue. CharityIndex grades it F.
4000 Viking Dr Ste A-1, Bossier City, LA, 71111 EIN 72-0977439 Since 1984
Revenue (FY2022)
$1,571
▼ 95.9% vs prior year
Expenses (FY2022)
$35K
Net assets
$2.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ark La Tex Investment & Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating988 mo reserves · -2128% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ark La Tex Investment & Development Corporation: 988 mo reserves · -2128% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ark La Tex Investment & Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ark La Tex Investment & Development Corporation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4000 Viking Dr Ste A-1, Bossier City, LA, 71111
- City
- Bossier City
- State
- Louisiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $180K (FY2014) to $1,571 (FY2022) across 8 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $1.3MNet assets $2.9M
Operating margin
-2127.9%
Spent more than it raised in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$1.3M
Net assets
$2.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $1,571▼95.9% | $35,000▼67.3% | $2,881,690▼1.1% | $4,146,562▼1.1% | 990 |
| 2021 | $38,731▼85.2% | $107,130▼27.1% | $2,915,119▼2.3% | $4,194,236▼2.7% | 990 |
| 2020 | $261,988▲1.7% | $147,022▲31.1% | $2,983,458▲4.0% | $4,312,567▲1.9% | 990 |
| 2019 | $257,526▼73.0% | $112,167▼73.5% | $2,868,492▲5.3% | $4,233,698▲7.6% | 990 |
| 2018 | $953,144▲709% | $422,549▲4289% | $2,723,133▲11.9% | $3,934,966▲13.1% | 990 |
| 2016 | -$156,577▼208% | $9,628▲65.3% | $2,433,102▼6.4% | $3,480,079▲3.1% | 990 |
| 2015 | -$50,826▼128% | $5,826▼96.0% | $2,599,307▼2.1% | $3,374,925▼4.2% | 990 |
| 2014 | $180,232 | $146,600▼41.2% | $2,655,959▼8.6% | $3,521,862▼15.3% | 990 |
| 2012 | — | $249,153 | $2,904,640 | $4,157,438 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Ark La Tex Investment & Development Corporation a legitimate nonprofit?
- Yes. Ark La Tex Investment & Development Corporation is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 72-0977439, based in Bossier City, Louisiana.
- What is Ark La Tex Investment & Development Corporation's EIN?
- Ark La Tex Investment & Development Corporation's Employer Identification Number (EIN) is 72-0977439.
- How much revenue does Ark La Tex Investment & Development Corporation report?
- Ark La Tex Investment & Development Corporation reported $1,571 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Ark La Tex Investment & Development Corporation have?
- CharityIndex grades Ark La Tex Investment & Development Corporation F, based on financial health (reserves and operating margin).
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Data for Ark La Tex Investment & Development Corporation (EIN 72-0977439) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.