Main Street Ministries Inc (EIN 200837927) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Terry Wright

Phone

4097692418

Tax Period

2023-09-01 to 2024-08-31

Main Street Ministries Inc, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $295K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $332K exceeded revenue, resulting in a 12% operating deficit.

Mission

To assist the poor, distressed and underprivileged in our community

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $71,879

Program Service Revenue $223,411

Investment Income $0

Other Revenue $0

TOTAL REVENUE $295,290

Expense Breakdown

Grants Paid $29,221

Salaries & Benefits $153,984

Fundraising Expenses $0

Program Expenses $292,138

Other Expenses $148,522

TOTAL EXPENSES $331,727

Year-over-Year Comparison

	2023	2022	Change
Revenue	$295,290	$251,094	+0.2%
Expenses	$331,727	$182,213	+0.8%
Net Income	$-36,437	$68,881	-1.5%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terry Wright	President	5.00	Officer Director	$0	$0	$0
Peggy McNeely	Treasurer	3.00	Officer Director	$0	$0	$0
Becky Ardis	Secretary	3.00	Officer Director	$0	$0	$0
Diane Anderson	Director	0.00	Director	$0	$0	$0
Riley Biffle	Director	0.00	Director	$0	$0	$0
Holly Carey	Director	0.00	Director	$0	$0	$0
Cara Freeman	Director	0.00	Director	$0	$0	$0
Kera Gibson	Director	0.00	Director	$0	$0	$0
Brannen Hammonds	Director	0.00	Director	$0	$0	$0
Dynell Madden	Director	0.00	Director	$0	$0	$0
Stephen Miller	Director	0.00	Director	$0	$0	$0
Danny Peno	Director	0.00	Director	$0	$0	$0
Angela Robinson	Director	0.00	Director	$0	$0	$0
Carole Rowe	Director	0.00	Director	$0	$0	$0
Joe Woods	Director	0.00	Director	$0	$0	$0
Montey Young	Director	0.00	Director	$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	$295,290	$331,727	$539,306	$-36,437
2023	$251,094	$182,213	$576,527	$68,881
2022	$209,372	$158,196	$507,588	$51,176
2021	$200,362	$149,428	$454,157	$50,934
2019	$229,156	$183,348	$455,370	$45,808
2018	$200,835	$191,816	$410,359	$9,019

Main Street Ministries Inc