Main Street Pulaski Inc

Nonprofit profile at a glance

EIN
621190393
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-EZ 2023
Location
Pulaski, TN, USA
Phone
9313633789
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$40,263
Expenses
$30,103
Assets
$40,788
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • CHANDLER WALLACE (PRESIDENT, FINANCE)
  • JESSIE PARKER (CEO)
  • KRISTIN PFIEFFER (PRESIDENT, AGRICULTURE)

Highest reported compensation

  • JESSIE PARKER (CEO): $51,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We aim to enhance and develop historic downtown pulaski, Tennessee into a premiere destination for families in our community and visitors alike, we envision a comprehensive revitalization plan that celebrates our rich southern heritage while offering exceptional dining, unique shopping experiences, and a vibrant cultural atmosphere. The organization engages in activities that are educational, charitable, cultural, and relate to the beautification and reservation of the historic districts within giles county, tn.

What it reported doing in 2025

The organization hosts the annual sundrop festival, a vibrant celebration showcasing our community's charm to both locals and visitors. From captivating music and arts to enriching historical and cultural experiences, this free festival offers something for everyone, fostering a sense of pride and belonging. The sundrop festival is a day filled with laughter, learning, and cherished memories, as we come together to celebrate the heart and soul of historic downtown pulaski.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 100
  • Accountability: 69
  • Sustainability: 52
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.5%; rating input score 49
  • Program expense ratio: 66.1%; rating input score 66
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.2%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 1.35; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -107.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 0.1% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 49.5% of revenue deployed · 66.1% of spending went to programs
  • Governance: 12 of 12 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $52K · 13 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • 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 49/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Growth: Asset growth scored 0/100.