LAWRENCEBURG MAIN STREET INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

REBECCA LOVERN

Phone

8125374507

Tax Period

2024-01-01 to 2024-12-31

LAWRENCEBURG MAIN STREET INC, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 4% surplus.

Mission

TO CREATE A POSITIVE ATMOSPHERE FOR DOWNTOWN LAWRENCEBURG: RECRUIT NEW BUSINESS, PROMOTE COMMUNITY PRIDE, DEVELOP ECONOMIC TOOLS TO HELP MAKE LAWRENCEBURG A BETTER PLACE THROUGH OUR PUBLIC/PRIVATE PARTNERSHIP

Program Service Accomplishments

Program 1

Expenses: $829,575

LAWRENCEBURG MAIN STREET, INC OFFERS VARIOUS BUSINESS AND CITY PROMOTIONAL PROGRAMS AND EVENTS TO ATTRACT EMPLOYERS AND CONSUMERS TO THE DOWNTOWN LAWRENCEBURG AREA. PARTY IN THE PARK AND WINTER...

LAWRENCEBURG MAIN STREET, INC OFFERS VARIOUS BUSINESS AND CITY PROMOTIONAL PROGRAMS AND EVENTS TO ATTRACT EMPLOYERS AND CONSUMERS TO THE DOWNTOWN LAWRENCEBURG AREA. PARTY IN THE PARK AND WINTER WONDERLAND HAVE BEEN SUCCESSFUL PROGRAMS THAT ATTRACTED CONSUMERS FROM ALL OVER THE TRI-STATE AREA TO SHOP AT LOCAL VENDORS.

Program 2

Expenses: $218,716

LAWRENCEBURG MAIN STREET, INC HAS AN ACTIVE IMPROVEMENT AND BEAUTIFICATION PROGRAM THAT INCLUDES GRANT PROGRAMS FOR COMMERCIAL AND RESIDENTIAL FACADE PAINT AND IMPROVEMENT, AS WELL AS SIGNS AND...

LAWRENCEBURG MAIN STREET, INC HAS AN ACTIVE IMPROVEMENT AND BEAUTIFICATION PROGRAM THAT INCLUDES GRANT PROGRAMS FOR COMMERCIAL AND RESIDENTIAL FACADE PAINT AND IMPROVEMENT, AS WELL AS SIGNS AND AWNINGS. BUSINESSES ARE GIVEN 50% OF THE COST FOR PAINT/FACADE IMPROVEMENTS UP TO $1,000. SIMILARLY, A BUSINESS MAY RECEIVE 50% UP TO $1,000 FOR SIGNS AND AWNINGS. RESIDENTS MAY RECEIVE UP TO $500 FOR EXTERIOR PAINT AND IMPROVEMENTS TO THEIR HOMES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,121,047

Program Service Revenue $139,282

Investment Income $14,902

Other Revenue $0

TOTAL REVENUE $1,275,231

Expense Breakdown

Grants Paid $218,716

Salaries & Benefits $200,446

Fundraising Expenses $0

Program Expenses $1,048,291

Other Expenses $804,215

TOTAL EXPENSES $1,223,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,275,231	$968,895	+0.3%
Expenses	$1,223,377	$1,100,788	+0.1%
Net Income	$51,854	$-131,893	-1.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$46,338

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michelle Cone	Former Director	40.00	Officer	$46,338	$0	$46,338
Patrice Ligon	Board Member	1.00	Director	$0	$0	$0
Kim Sporleder	Board Member	1.00	Director	$0	$0	$0
Kim Tremain	Treasurer	1.00	Director	$0	$0	$0
Linda Goepper	Board Member	1.00	Director	$0	$0	$0
Mary Helen Crook	Board Member	1.00	Director	$0	$0	$0
Mike Rauen Jr	Board Member	1.00	Director	$0	$0	$0
Kelly Mollaun	ExOfficio Board	0.00	Director	$0	$0	$0
Dylan Liddle	ExOfficio Board	0.00	Director	$0	$0	$0
Mike Detmer	Board Member	0.00	Director	$0	$0	$0
Sharon McAndrews	President	1.50	Officer	$0	$0	$0
Rebecca Lovern	Director	40.00	Officer	$0	$0	$0
Meghan Shafer	Secretary	1.50	Officer	$0	$0	$0
Liz Sedler	Vice President	1.50	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,275,231	$1,223,377	$456,488	$51,854
2023	$968,895	$1,100,788	$400,865	$-131,893
2022	$1,000,588	$930,747	$526,996	$69,841
2021	$977,543	$983,488	$459,945	$-5,945
2020	$910,996	$724,585	$471,200	$186,411
2019	$857,008	$833,822	$288,777	$23,186
2018	$674,867	$681,850	$262,722	$-6,983