Canton Main Street Program Inc
Nonprofit profile at a glance
- EIN
- 300606189
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Canton, GA, USA
- Phone
- 7707041548
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $197,137
- Expenses
- $181,603
- Assets
- $183,278
- Liabilities
- $83,593
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- DANA COX MALLETT (CHAIR)
- ERICK GARRISON (VICE CHAIR)
- DAVID HATABIAN (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the organization is to implement downtown revitalization under the main street four-point approach-organization, promotion design, and economic re-structuring, all within the context of historic preservation.
What it reported doing in 2024
Held regularly scheduled networking meetings hosted by downtown business owners at various locations to encourage better communication concerning current and upcoming activities and the sharing of information and valuable feedback. Continued to transform the historic downtown district through special events and promotions of our local merchants, including the canton farmers market, first friday concerts, art and wine walk, chili cook-off, beer & wine walk, christmas in canton, canton chocolate walk, main movie series and other events created to increase downtown awareness.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 52
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 7.9%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 16.7% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 19.9% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.