MAINSTREET LAS VEGAS INC (EIN 203922979) - 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

2005

Legal Domicile

Principal Officer

Tim Shields

Phone

5053015767

Tax Period

2024-01-01 to 2024-12-31

MAINSTREET LAS VEGAS INC, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $86K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $132K exceeded revenue, resulting in a 54% operating deficit.

Mission

To unify the historic commercial community corridor and engender pride in the community while promoting economic development

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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 (2024)

Revenue Breakdown

Contributions & Grants $56,101

Program Service Revenue $29,490

Investment Income $0

Other Revenue $0

TOTAL REVENUE $85,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,253

Fundraising Expenses $0

Program Expenses $68,934

Other Expenses $84,711

TOTAL EXPENSES $131,964

Year-over-Year Comparison

	2024	2023	Change
Revenue	$85,591	$77,917	+0.1%
Expenses	$131,964	$97,467	+0.4%
Net Income	$-46,373	$-19,550	+1.4%

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

N/A

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

$18,750

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John M Peranteau	Executive Director	40	Highest	$25,000	$0	$25,000
Makahla A Harapat	Executive Director	40	Key Emp	$18,750	$0	$18,750
Tasha Martinez	President	4	Officer Director	$0	$0	$0
Reina Fernandez	Vice President	4	Officer Director	$0	$0	$0
Tina Clayton	Secretary	2	Officer Director	$0	$0	$0
Tim Shields	Treasurer	1	Officer Director	$0	$0	$0
Andrea Love	Director	1	Director	$0	$0	$0
William Lopez	Director	1	Director	$0	$0	$0
Roxanne Gonzales	Director	1	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	$85,591	$131,964	$22,312	$-46,373
2023	$77,917	$97,467	$65,122	$-19,550
2022	$237,169	$165,623	$83,983	$71,546
2021	$89,618	$84,700	$12,183	$4,918

MAINSTREET LAS VEGAS INC