Nob Hill Mainstreet

Nonprofit profile at a glance

EIN
270918016
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024, Form 990-N 2010
Location
Albuquerque, NM, USA
Rating confidence
Limited
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$102,450
Expenses
$97,936
Assets
$22,470
Liabilities
$4,536

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Valerie Osbourn (Executive Director)
  • Chris Smith (President Board of Directors)

People named in this filing

  • Valerie Osbourn (Executive Director)
  • Chris Smith (President Board of Directors)
  • Sharmin Dharas (Secretary Board of Directors)

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 primary purpose of Nob Hill Main Street Inc. is to promote the revitalization of the Nob Hill historic neighborhoods commercial district in Albuquerque New Mexico along and adjacent to historic Route 66 through activities that focus on education historic preservation quality design and beautification of the district as well as promotion of community and civic pride.

What it reported doing in 2024

Scheduled for Phase 3 completion 7 2025. Festoon Cafe Lighting capital outlay project. Phase Two completion 2023. Note: final Phase Three expected completion 2024; From 2022: Phase One completed 2022 along Central Avenue between Girard and Carlisle. This project added much needed lighting to Central Avenue providing a welcoming atmosphere for visitors to Nob Hill. This initial phase was approximately $200,000 and involved a partnership between Nob Hill Main Street NM Main Street and the City of Albuquerque. Phase Two will be Carlisle to Monteclaire for $157,000 and installation planned for Spring Summer 2023. Phase Three final will be Spring Summer 2024....budget to be determined. All funds were handled between NM State City of Albuquerque and City approved vendor.

Operating model

Revenue model
Donor-supported. 100% 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: 37
  • Growth: 0

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: Yes; rating input score 100

Sustainability

  • Operating margin: 4.4%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 21; 21st 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 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -5.9% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -5.3% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 6 filed program accomplishments
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2013 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.