Historic Willamette a Main Street Community
Nonprofit profile at a glance
- EIN
- 272702137
- IRS 990-EZ coverage
- 2013–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2019
- Location
- West Linn, OR, USA
- Phone
- 5036078033
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $89,959
- Expenses
- $113,426
- Assets
- $16,136
- Liabilities
- $20,368
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- BRAD HULQUIST (PRESIDENT)
- REBECCA HOLLENBECK (EXECUTIVE DIRECTOR)
People named in this filing
- BRAD HULQUIST (PRESIDENT)
- RUTH OFFER (TREASURER)
- REBECCA HOLLENBECK (EXECUTIVE 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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Historic willamette main street's mission is to celebrate and preserve the rich history and natural beauty of the area, invest in the heart of our downtown by promoting our local businesses. Our purpose is to foster an inclusive, diverse community where local residents and visitors feel welcome to dine, shop, and connect and socialize with others.
What it reported doing in 2022
Applied for and received grants from local and county jurisdictions to work with these areas to develop awareness and coordinate various projects to further grow this historic district.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 14
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.1%; rating input score 99
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: -26.1%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 1.26; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 37.2%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 18.4% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 11.4% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $112K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2013 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 — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 5/100.