Project Main Street Inc

Nonprofit profile at a glance

EIN
465326572
IRS 990-EZ coverage
2014–2017
Forms available
Form 990-EZ 2017
Location
Hebron, OH, USA
Phone
7405070789
Rating confidence
Limited
Sector
Urban, Community Economic Development

Reported finances

Revenue
$1,329
Expenses
$3,218
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Allen Schwartz (President)

People named in this filing

  • Valerie Mockus (Treasurer)
  • Charles Peterson (Secretary)
  • Allen Schwartz (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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As a non-profit organization, Project Main Street, Inc. (PMSt) champions human needs through radically inclusive partnerships, community hubs, and social enterprises.Job Opportunities: To create and provide job opportunities for citizens reentering the community from incarceration and/or substance abuse treatment.Job Training: To provide employment/soft skills training for citizens reentering the community from incarceration and/or substance abuse treatment.

What it reported doing in 2017

Project Main Street, Inc. created job opportunities and job training by using the Sparta Restaurant as a job creation and job training proving ground that built capacity and encouraged new social entrepreneurs. Beginning in July 2015 Project Main Street transitioned from a support role at the Sparta Restaurant to an ownership role. Project Main Street owned and operated the coffeeshop/restaurant through September 2016 when it was deterimined not financially sustainable. The Sparta Restaurant offered employment to individuals returning to public life after incarceration. It also offered a venue for meetings and suppport groups assisting with transition and other local outreach. The 2017 activity was related to wrapping up activities.

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
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: 82
  • Sustainability: 10
  • Growth: 40

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: Limited

Sustainability

  • Operating margin: -142.1%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 37.4% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -30.8% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -14.9% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2014 to 2017
  • 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 — Sustainability: Operating margin scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.