Sandusky Main Street Association

Nonprofit profile at a glance

EIN
341963150
IRS 990-EZ coverage
2010–2019
Forms available
Form 990-EZ 2019
Location
Sandusky, OH, USA
Phone
4192770815
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$5,750
Expenses
$48,994
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ALAN GRIFFITHS (PRESIDENT/SE)

People named in this filing

  • ALAN GRIFFITHS (PRESIDENT/SE)
  • DAN MONCHER (TRUSTEE)
  • JOHN FELTER (TRUSTEE)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the historic preservation, protection, and use of the city of sandusky, Ohio's traditional downtown area. In addition, its focus is on the elimination of physical and economic deterioration of the downtown area and the promotion of the historical and cultural significance of downtown sandusky. The association seeks to improve and restore the vitality of downtown sandusky by undertaking activities designed to preserve its traditional downtown area as a healthy, economically vital center of commerce and social activity. It also promotes preservation, rehabiliation, and reuse the commercial, civic, and residential buildings on the business district.

What it reported doing in 2019

Sandusky pride 2018 was the first pride event held in sandusky. The event was attended by over 5,000 people and attracted a wide range of corporate and individual donors. Pride's mission was to promote and celebrate lgbtq culture and awareness and celebrate sandusky's long history as a diverse community.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.5%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -752.1%; rating input score 2; 2nd 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: -11.9% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -21.7% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -16.6% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $48K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2010 to 2019
  • 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 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • 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.