Howell Main Street Inc
Nonprofit profile at a glance
- EIN
- 812891619
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016
- Location
- Howell, MI, USA
- Phone
- 5175454240
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $122,508
- Expenses
- $95,796
- Assets
- $329,883
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- CLARK GILL (DIRECTOR)
- MARC HARLOW (DIRECTOR)
- SHANNON HARVEY (DIRECTOR/VIC)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Howell main street inc. Is a volunteer-led organization focused on creating a vibrant, strong, and economically viable downtown.
What it reported doing in 2024
Placemaking, community spaces and promotions: promoting downtown howell as the heart and hub of the community to residents and visitors through providing quality marketing, retail, image building, and other special events. Cultivating a sense of place, ensuring our community is an attractive place to live, work, and visit. Primary responsibilities include historic preservation, outdoor art, community space improvements, events and activities, and overall beautification of the downtown. Howell main street provides facade and sign grants to small businesses in downtown howell. One grant of 25,000 was funded during the fiscal year, and another facade grant of 15,000 that was committed in a prior fiscal year remains outstanding at the end of this fiscal year and is reported as a liability on the 6/30/2024 balance sheet. Howell main street provides several community events in downtown howell, including rock the block music festivals, food truck rallies, art in the garden, rocktoberfest food and musis festival, small business saturday participation, and various holiday events. Estimated 350,000 persons benefited from these activities.
Operating model
- Revenue model
- Earned-program. 95% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 83
- Accountability: 70
- Sustainability: 74
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.6%; rating input score 69
- Program expense ratio: 92.7%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 21.8%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 3.44; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -5.1% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -2.5% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 68.6% of revenue deployed · 92.7% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.