MAIN STREET MONROE INC (EIN 452302582) - 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

2011

Legal Domicile

Principal Officer

STEVE MOON

Phone

6083284023

Tax Period

2024-01-01 to 2024-12-31

MAIN STREET MONROE INC, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $515K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $172K, a strong 33% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR ALL MONROE RESIDENTS BY ENSURING ECONOMIC STABILITY, MAINTAINING HISTORIC INTEGRITY, AND MAINTAINING DOWNTOWN AS THE FOCAL POINT OF 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 (2024)

Revenue Breakdown

Contributions & Grants $398,604

Program Service Revenue $111,703

Investment Income $0

Other Revenue $4,994

TOTAL REVENUE $515,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,416

Fundraising Expenses $32,000

Program Expenses $311,532

Other Expenses $222,116

TOTAL EXPENSES $343,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$515,301	$270,737	+0.9%
Expenses	$343,532	$267,829	+0.3%
Net Income	$171,769	$2,908	+58.1%

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

N/A

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
STEVE MOON	PRESIDENT	N/A	Officer	$0	$0	$0
AARON HOLVERSON	VICE - PRESI	N/A	Director	$0	$0	$0
TOM MILLER	CITY COUNCIL	N/A	Director	$0	$0	$0
MICKEY BEAM	SECRETARY	N/A	Director	$0	$0	$0
KYLE KEEHN	AT LARGE DIR	N/A	Director	$0	$0	$0
JANE PARADOWSKI	AT LARGE DIR	N/A	Director	$0	$0	$0
SHARON RIESE	AT LARGE DIR	N/A	Director	$0	$0	$0
STACEY STEINMANN	AT LARGE DIR	N/A	Director	$0	$0	$0
AMY TIMMERMAN	AT LARGE DIR	N/A	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	$515,301	$343,532	$232,483	$171,769
2023	$270,737	$267,829	$58,646	$2,908
2022	$239,356	$256,724	$55,738	$-17,368
2021	$228,955	$205,654	$73,106	$23,301
2020	$207,493	$191,617	$51,304	$15,876
2018	$188,103	$241,422	$14,956	$-53,319

MAIN STREET MONROE INC