MAIN STREET HOMER

EIN: 465171565 501(c)(3) Community Improvement

Homer, LA

Total Revenue
$392,689
Total Expenses
$125,026
Total Assets
$583,254
Net Assets
$523,548
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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
2014
Legal Domicile
LA
Principal Officer
Jimmy Hand
Phone
3185485621
Tax Period
2024-07-01 to 2025-06-30

MAIN STREET HOMER, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $393K in total revenue in fiscal year 2024. The organization ran a surplus of $268K, a strong 68% operating margin.

Mission

Revitalize downtown Homer through economic development, historic and cultural preservation, and advancement of the arts.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $389,298
Program Service Revenue $3,391
Investment Income $0
Other Revenue $0
TOTAL REVENUE $392,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,665
Fundraising Expenses $2,762
Program Expenses $88,641
Other Expenses $112,361
TOTAL EXPENSES $125,026

Year-over-Year Comparison

2024 2023 Change
Revenue $392,689 N/A N/A
Expenses $125,026 N/A N/A
Net Income $267,663 $0 N/A
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
14

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
$0
Total Directors
4
$12,665
Key Employees
2
$12,665
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amri Warren Executive Director and Board Member 5
Director Key Emp
$7,500 $0 $7,500
Christy Gladney Executive Director and Board Member 20
Director Key Emp
$5,165 $0 $5,165
Mary Hamil Board Member 5
Director
$0 $0 $0
Shermona Bates-Mack Board Member 0.5
Director
$0 $0 $0
Jimmy Hand President 20
Officer
$0 $0 $0
Rhonda Baker Secretary 5
Officer
$0 $0 $0
April Hand Vice President and Treasurer 15
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
2025 $392,689 $125,026 $583,254 $267,663
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