ALBERTA MAIN STREET

EIN: 273399695 501(c)(3)

Portland, OR

Total Revenue
$189,520
Total Expenses
$235,917
Total Assets
$190,975
Net Assets
$184,928
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OR
Tax Period
2018-07-01 to 2019-06-30

ALBERTA MAIN STREET, founded in 2010, is a small nonprofit that reported $190K in total revenue in fiscal year 2018. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $236K exceeded revenue, resulting in a 24% operating deficit.

Mission

To develop Alberta Street as a vibrant, creative, equitable, and sustainable commercial district serving residents, businesses and visitors. AMS follows the Main Street 4 point approach to neighborhood revitalization: Business Development, Promotions, Design & Organization.

Program Service Accomplishments

Program 1
Expenses: $106,692 Revenue: $111,889

Civic Engagement Activities and Events. Alberta Main Street creates community-building opportunities for local residents.?These activities are managed by our Promotions Team. AMS hosted six community...

Read more

Civic Engagement Activities and Events. Alberta Main Street creates community-building opportunities for local residents.?These activities are managed by our Promotions Team. AMS hosted six community building events in 2018-19, including the Alberta Street Fair (8/11/18), Trick or Treat Alberta Street (10/31/18), the Alberta Street Holiday Tree Lighting (12/1/18), the Gnome for the Holidays scavenger contest (12/1- 12/21/18), and the Earth Day Clean-Up (4/20/19). In addition, Alberta Main Street posts news and updates about businesses throughout the district on social media (Facebook and Instagram).Approximately 57 people volunteered for Street Fair, and 94 people participated in Earth Day activities?Delivered 6,000 Alberta Street Guides to partners serving the tourist industry, including locations at the Portland International Airport and the Downtown Visitors CenterHosted six community wide events bringing some 27,000 people to Alberta Street

Program 2
Expenses: $65,985 Revenue: $37,500

Creating a Sense of Place. The AMS Design Team manages the Alberta Main Street Mini-Matching grant program, which offers matching grants to local business owners to improve their storefronts. In...

Read more

Creating a Sense of Place. The AMS Design Team manages the Alberta Main Street Mini-Matching grant program, which offers matching grants to local business owners to improve their storefronts. In 2018-19, AMS awarded three storefront improvement grants, investing $2900. We also made significant progress to make the Alberta Main Street Black Heritage markers a reality. More specifically, we worked with the City of Portland Bureau of Transportation and the artist team to confirm that the design met structural and safety requirements. Promoted the Matching Mini-Grant storefront improvement programAwarded three Matching Mini-Grants to Antler Gallery, the Alberta Street Petite Hotel and Kargi GogoFour active team volunteers met regularly on the 4th Wednesday of each month

Program 3
Expenses: $25,476

Supporting Small Businesses. The Alberta Main Street (AMS) Business Development Team is responsible for our small business development activities. In the year 2018-2019, we hosted two small business...

Read more

Supporting Small Businesses. The Alberta Main Street (AMS) Business Development Team is responsible for our small business development activities. In the year 2018-2019, we hosted two small business seminars and provided one-on-one support to individual businesses throughout the district and local home-based businesses. We work with partner organizations such as the Workforce Development Center at Portland Community College and the SBAs Small Business Development Center to connect local entrepreneurs with financial and technical resources.-Delivered Alberta Street Welcome Packages to each new business when they opened on Alberta-Promoted technical assistance resources provided by the Small Business Administration and Prosper Portland-Three active team volunteers met regularly on the 3rd Wednesday of each month

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $110,132
Program Service Revenue $73,909
Investment Income $21
Other Revenue $5,458
TOTAL REVENUE $189,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,331
Fundraising Expenses $12,697
Program Expenses $198,153
Other Expenses $170,586
TOTAL EXPENSES $235,917

Year-over-Year Comparison

2018 2017 Change
Revenue $189,520 $250,870 -0.2%
Expenses $235,917 $195,067 +0.2%
Net Income $-46,397 $55,803 -1.8%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
7

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
3
$50,408
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Armstrong Treasurer and President 4.00
Officer Director
$0 $0 $0
Megan Bean Secretary 1.50
Officer Director
$0 $0 $0
Elise Scolnick Vice President 3.00
Director
$0 $0 $0
Ira Pasternack Board Member 2.00
Director
$0 $0 $0
Leigh Perretta Board Member 1.50
Director
$0 $0 $0
Sarah Kassel Board Member 4.00
Director
$0 $0 $0
Chelsea McDaniel Board Member 2.00
Director
$0 $0 $0
Audrey Allen Board Member 1.50
Director
$0 $0 $0
Ann Griffin Executive Director 40.00
Officer
$50,408 $0 $50,408
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
2019 $189,520 $235,917 $190,975 $-46,397
2018 $250,870 $195,067 $258,717 $55,803
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALBERTA MAIN STREET with other nonprofits in Oregon and across the country.