Main Street Port Clinton Inc

Nonprofit profile at a glance

EIN
201442306
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Port Clinton, OH, USA
Phone
4197345503
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$52,482
Expenses
$67,181
Assets
$38,663
Liabilities
$83,048

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MIKE ZIPFEL (President)
  • AMBER GARDNER (Vice President)
  • RICK RUDOLPH (Vice President)

People named in this filing

  • JAN GLUTH (Secretary)
  • MIKE ZIPFEL (President)
  • AMBER GARDNER (Vice President)

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

The organization's exempt purpose is to preserve and revitalize historical downtown port clinton.

What it reported doing in 2024

The organization developed a historic port clinton main street program that works to build community support and interest in preservation of the downtown district by emphasizing promotion, organization of people and resources, and economic restructuring that will complement and preserve the prevailing architectural style and character of the area. This program benefits port clinton and surrounding area residents and businesses by preserving the historical value of port clinton which is important in promoting tourism.

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
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 19
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.7%; rating input score 21
  • Program expense ratio: 16.2%; rating input score 16

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: -28%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 2.15; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -10.9% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: -8.9% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 20.7% of revenue deployed · 16.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2018 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: Mission deployment rate scored 21/100.
  • High — Financial Efficiency: Program expense ratio scored 16/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.