Abingdon Main Street Inc
Nonprofit profile at a glance
- EIN
- 260873176
- IRS 990-EZ coverage
- 2012–2019
- Forms available
- Form 990-EZ 2019
- Location
- Abingdon, VA, USA
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $43,147
- Expenses
- $56,603
- Assets
- $19,141
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- HANNAH INGRAM (DIRECTOR)
- NICOLE CHILDRESS (TREASURER)
- ALLISON LINDER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See part iii statement
What it reported doing in 2019
Promote a physically and econimically strong downtown core businesses, housing and retail through economic structuring, beautification efforts and revitalization activities
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 25
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -31.2%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -38.3% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 44th percentile among comparable filings
- Asset growth: 0.1% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2012 to 2019
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.