Foley Main Street Inc
Nonprofit profile at a glance
- EIN
- 833080612
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025
- Location
- Foley, AL, USA
- Phone
- 2512700089
- Rating confidence
- Limited
- Sector
- Economic Development
Reported finances
- Revenue
- $122,456
- Expenses
- $121,186
- Assets
- $59,900
- Liabilities
- $21,256
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- WES ABRAMS (PRESIDENT)
People named in this filing
- WES ABRAMS (PRESIDENT)
- CHAD WATKINS (VICE PRESIDE)
- MARTI K WEBSTER (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of foley main street is to stimulate the economic development of existing and future businesses in the downtown foley district through organization promotion and design.
What it reported doing in 2025
Outreach and promotion of downtown foley. Four extended social media campaigns in conjunction with four events: lucky to love foley; christmas is scary; downtown foley virtual turkey hunt; and the downtown foley christmas open house. Foley main street also gave out two twenty-foot strands of christmas lights to all downtown foley businesses to light up the downtown. Grew facebook followers from 6,500 to 8,500, and lnstagram followers from 1,600 to 1,935. Website views grew from 47,487 to 83,631. Created a foley main street television commercial. Chosen to be a part of main street Alabama's 10-year feasibility study, presented about our alley activation project at main street Alabama annual conference. Speaker at the south baldwin chamber of commerce leadership luncheon. Participated in multiple tv, radio & podcast interviews. Foley main street has leveraged media partnerships, securing access to channel 5 tv commercials and radio campaigns on whep to effectively reach a wide audience promoting downtown foley's offerings. Foley main street organized and maintains a self-guided historic tour of eleven downtown foley buildings, ensuring that the rich history and heritage of our community is accessible to all, year-round. Targeted promotion of downtown foley: foley main street actively promotes shopping and dining experiences in downtown foley throughout the year, fostering a thriving local economy and supporting the sustainability of our businesses. Foley main street organizes and encourages residents and visitors to shop local and support downtown businesses, resulting in increased sales and community engagement, including the lucky to love foley cash register ringing event and the fall turkey hunt. Foley main street developed a user-friendly downtown foley app, providing easy access to information about local businesses, events, promotions, and attractions, further promoting downtown foley and enhancing visitor experiences.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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: 29
- 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: 1%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 67.6%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.3% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 11.5% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2025
- 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.
- Moderate — Sustainability: Operating margin scored 34/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.