Woodward Main Street Program Inc

Nonprofit profile at a glance

EIN
731362574
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Woodward, OK, USA
Phone
5802548521
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Economic Development

Reported finances

Revenue
$105,654
Expenses
$103,392
Assets
$29,659

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

Leadership & pay

10 people listed

Executive titles in this filing

  • KATRINA MCDOWELL (President)
  • LINDA FREEMAN (Vice President)

People named in this filing

  • KATRINA MCDOWELL (President)
  • ELIZABETH TERRY (Executive Dir.)
  • VONDA SMITH (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Continued economic restructuring of main street business community thru process, design & business marketing strategies, plan & facilitate restoration

What it reported doing in 2024

To revitalize the local business community through design, economic restructuring, promotion and organization

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
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

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.6%; rating input score 51
  • Program expense ratio: 51.7%; rating input score 52

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: 2.1%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15.3%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: -4.1% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -2.7% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -0.8% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 50.6% of revenue deployed · 51.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • Review — Financial Efficiency: Program expense ratio scored 52/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.