Alberta Main Street

Nonprofit profile at a glance

EIN
273399695
IRS 990-EZ coverage
2012–2022
Forms available
Form 990 2018, Form 990-EZ 2022
Location
Portland, OR, USA
Phone
5036833252
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$60,492
Expenses
$48,039
Assets
$6,633
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DEVON HORACE (PRESIDENT)

People named in this filing

  • DEBORAH ROCHFORD (BOARD MEMBER)
  • ELISE SCOLNICK (INTERIM BOARD MEMBER)
  • ANN GRIFFIN (INTERIM BOARD MEMBER)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Develop alberta street as a vibrant, creative equitable and sustanable commercial district serving residents businesses and visitors .

What it reported doing in 2022

2022 summer of alberta (virtual last thursdays)- multi-month activation with 80+ street vendors- programming at 6 businesses- engagement of 10+ local artists, artisans & production companiesblack santa visit- free culturally-specific photo opportunity to celebrate the holidays- toys and books given out to children (200+)- increased traffic on the street- holiday scavenger hunt bringing foot traffic to the district2022 last thursday activations- artists and vendors (100+)- music, activations & kid-friendly eventsthe people's poet- culturally -specific poetry event

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - 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: 8
  • Transparency & Controls: 100
  • Sustainability: 53
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.5%; rating input score 8
  • Program expense ratio: 9.5%; rating input score 9

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 20.6%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -14.2% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -7.5% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 7.5% of revenue deployed · 9.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $5K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2012 to 2022
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.