Main Street Chanute Inc

Nonprofit profile at a glance

EIN
481154460
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Chanute, KS, USA
Phone
6204310056
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$82,282
Expenses
$43,276
Assets
$265,526
Liabilities
$385

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • CHERRYL OLSON (Vice President)
  • GARRETT SHARP (President)

People named in this filing

  • RUTHANN BOATWRIGHT (Executive Direc)
  • DENISE HASTINGS (Director)
  • TAYLOR UHRMACHER (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote chanute's historic preservation and economic development

What it reported doing in 2024

To promote education and training of retail merchant's on such topics as building preservation, customer service and window displays, by means of seminars and meetings.

Operating model

Revenue model
Donor-supported. 81% 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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 100
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.4%; rating input score 42
  • Program expense ratio: 80%; rating input score 80

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: 47.4%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 6.14; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 60.2%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 42.4% of revenue deployed · 80% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $35K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.