Villa Rica Main Street Inc

Nonprofit profile at a glance

EIN
810925842
IRS 990-EZ coverage
2020–2023
Forms available
Form 990-EZ 2023
Location
Villa Rica, GA, USA
Phone
6788401440
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development

Reported finances

Revenue
$72,735
Expenses
$88,930
Assets
$14,735
Liabilities
$2,573

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JOEL CRAWFORD (PRESIDENT)

People named in this filing

  • JOEL CRAWFORD (PRESIDENT)
  • SUSAN CRANE (VICE PRESIDE)
  • PATRONYA BROGDON (TREASURER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Villa rica mainstreet, inc. Is a city sponsored preservation-based downtown development program. Main street combines the four point approach of the national main street center to build a sustainable and complete downtown revitalization effort fostered by the support of the community and volunteers. Villa rica mainstreet's mission is to provide a premier destination where individuals, families, and businesses can thrive by preserving historic charm, encouraging local spending, and creating a sense of community.

What it reported doing in 2023

Christmas on main st, thrill at the mill, goldrush festival, and other downtown events brought thousands of visitors to downtown with a 5k and 1 mile fun run, parades, booths for local vendors to sell and display items, local entertainment, and other items that highlighted the downtown villa rica area.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.5%; rating input score 95
  • Program expense ratio: 78.1%; rating input score 78

Transparency & Controls

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

Sustainability

  • Operating margin: -22.3%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 14.2% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: -8.1% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 95.5% of revenue deployed · 78.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $69K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2023
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.