Main Street DeFuniak Springs Inc

Nonprofit profile at a glance

EIN
822009629
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
DeFuniak Springs, FL, USA
Phone
8502969051
Rating confidence
Limited
Sector
Community Improvement, Capacity Building N.E.C.

Reported finances

Revenue
$86,938
Expenses
$84,768
Assets
$93,888

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Rebekah Walden (President)

People named in this filing

  • Rebekah Walden (President)
  • Candace Johnson (Treasurer)
  • Jaden C Broadway (Executive Dir.)

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 preserve, protect, maintain, and improve the historic downtown district of DeFuniak Springs FL, and to increase community events and economic vitality of the downtown business district

What it reported doing in 2024

To preserve, protect, maintain, and improve the historic downtown district of DeFuniak Springs FL, and to increase community events and economic vitality of the downtown business district.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 2.5%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 1.11; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.9%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 30.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2016 to 2024
  • 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 — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.