Historic Downtown Powell Inc

Nonprofit profile at a glance

EIN
208676268
IRS 990-EZ coverage
2012–2014
Forms available
Form 990-EZ 2014
Location
Powell, OH, USA
Phone
6143963336
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Economic Development

Official website

Reported finances

Revenue
$176,097
Expenses
$211,519
Assets
$44,132

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JUAN MIKE HADRA (PRESIDENT)

People named in this filing

  • JUAN MIKE HADRA (PRESIDENT)
  • PATTI BROWN-WRIGHT (VICE PRESIDE)
  • CINDY CAPIZZI (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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Revitalizing and promoting downtown powell, Ohio

What it reported doing in 2014

Street market is held on three sundays annually to bring dealers and vendors who sell antiques, collectibles, arts and crafts to the downtown powell business district. This attracts over 11,000 people.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 82
  • Sustainability: 11
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68%; rating input score 68
  • Program expense ratio: 56.6%; rating input score 57

Transparency & Controls

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

Sustainability

  • Operating margin: -20.1%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 22.4%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 56.6% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 20.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: -25.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 68% of revenue deployed · 56.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $120K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2012 to 2014
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.