Friends of Historic Downtown Louisville Inc
Nonprofit profile at a glance
- EIN
- 202118195
- IRS 990-EZ coverage
- 2011–2014
- Forms available
- Form 990-EZ 2014
- Location
- Louisville, GA, USA
- Phone
- 4786250387
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $12,082
- Expenses
- $15,931
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- HELEN AIKMAN (President & CEO)
People named in this filing
- LIL EASTERLIN (Chairman)
- HELEN AIKMAN (President & CEO)
- LINDA MERRITT (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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promoting appreciation, preservation and cultural revitilization of the historic downtown area of louisville, Georgia
What it reported doing in 2014
Friends of historic downtown louisville, inc.is a community based nonprofit organization dedicated to promoting appreciation, preservation, and cultural revitilization of the historic downtown area of louisville, Georgia. Programs and services to the community include operation of the firehouse gallery, which provides a venue where local and regional artists may exhibit their works. Monthly exhibitions provide local and area residents the opportunity to observe the work of artists that would not be available in the area otherwise. The gallery provides outreach to the youth of the area, as well as senior citizens and minorities in the form of educational programs at various outlets in the area. The organization partners with colleges and universities in the area to provide an outlet where students may display their works. The organization assists in the planning and development of seasonal activities for the downtown louisville area, and has also developed a program that recognizes the many historic buildings located in the downtown area.
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 14
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.6%; rating input score 97
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: -31.9%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -102.5% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -41.8% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -45.9% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2011 to 2014
- 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.
- High — Sustainability: Operating margin scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.