OCALA MAIN STREET INC (EIN 475200397) - 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

2015

Legal Domicile

Principal Officer

JOHN GIBBONEY

Phone

3528124097

Tax Period

2023-01-01 to 2023-12-31

OCALA MAIN STREET INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $126K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $193K exceeded revenue, resulting in a 54% operating deficit.

Mission

TO CREATE A THRIVING, UNIQUE, AND LIVABLE DOWNTOWN 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 $63,362

Program Service Revenue $61,218

Investment Income $247

Other Revenue $819

TOTAL REVENUE $125,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,761

Fundraising Expenses $0

Program Expenses $166,210

Other Expenses $121,271

TOTAL EXPENSES $193,032

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,646	$104,105	+0.2%
Expenses	$193,032	$153,173	+0.3%
Net Income	$-67,386	$-49,068	+0.4%

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

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

$66,662

Total Directors

$66,662

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW HINKLE	PRESIDENT	2.00	Officer Director	$66,662	$0	$66,662
JESSICA FIELDHOUSE	EXECUTIVE DI	40.00	Director	$0	$0	$0
JOHN GIBBONEY	TREASURER	2.00	Director	$0	$0	$0
TIMOTHY ROGERS	TREASURER	2.00	Officer Director	$0	$0	$0
KAITLYN WILSON-BUTLER	SECRETARY	2.00	Officer Director	$0	$0	$0
KYLE YANCEY	VICE PRESIDE	2.00	Officer 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	No data	No data	No data	No data
2023	$125,646	$193,032	$95,492	$-67,386
2021	$30,419	$103,763	$188,401	$-73,344
2020	$79,263	$80,344	$5,163	$-1,081
2019	$123,837	$135,622	$3,412	$-11,785

OCALA MAIN STREET INC