Main Street Hazel Park

Nonprofit profile at a glance

EIN
851077998
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Hazel Park, MI, USA
Phone
2485464072
Rating confidence
Limited
Sector
Economic Development

Official website

Reported finances

Revenue
$0
Expenses
$1,486
Assets
$10,511
Liabilities
$0

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

Leadership & pay

8 people listed

People named in this filing

  • Adam O'Connor (Chairperson)
  • Sharon Abramsky (Vice Chairperson)
  • Curt Goure (Board Member)

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

This corporation is organized exclusively for charitable, scientific, and educational purposes. Specifically, without limitation, the purpose of the Corporation is to promote economic development, neighborhood stabilization and to create opportunities to develop a vibrant community through the City of Hazel Park's Main Street Program.

What it reported doing in 2024

Main Street Hazel Park designed pole banners, applied for a countywide beautification award, adopted a new logo, purchased business cards, nametags, and a plush mascot, adopted a procurement policy, applied for a technical assistance grant, and drafted a resolution of support for a grant project.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

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: 0
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 7.07; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -100% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -98.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -6.4% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 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 — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.