Marshalltown Central Business
Nonprofit profile at a glance
- EIN
- 420925825
- IRS 990-EZ coverage
- 2010–2020
- Forms available
- Form 990 2018, Form 990-EZ 2020
- Location
- Marshalltown, IA, USA
- Phone
- 6418442001
- Rating confidence
- Limited
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $61,883
- Expenses
- $68,305
- Assets
- $53,658
- Liabilities
- $10,472
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- NATE MCCORMICK (PRESIDENT)
People named in this filing
- CINDY PARKS (VICE PRESIDE)
- ANDRINA HELGERSON (SECRETARY TR)
- DEB MILIZER (EXECUTIVE DI)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To organize and coordinate various events that promote and benefit the downtown busines district for the city of marshalltown.
What it reported doing in 2020
Promotes and coordinates special events held during the year for downtown marshalltown and surrounding area. Some of the events include the holiday stroll, thanks with franks, charity events, garden extravaganza and easter egg hunt.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- 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: 100
- Sustainability: 34
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -10.4%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.79; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -0.6% per year; rating input score 0; 64th percentile among comparable filings
- Asset growth: -12.9% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2010 to 2020
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.