MAIN STREET FAIRMONT INC

EIN: 550719007 501(c)(3) Community Improvement

FAIRMONT, WV

Total Revenue
$136,324
Total Expenses
$122,744
Total Assets
$544,795
Net Assets
$24,468
🔒

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
1992
Legal Domicile
WV
Principal Officer
ALEX PETRY
Phone
3043660468
Tax Period
2022-07-01 to 2023-06-30

MAIN STREET FAIRMONT INC, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $136K in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $123K left a modest 10% surplus.

Mission

ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES TO STIMULATE ECONOMIC DEVELOPMENT IN FAIRMONT, WEST VIRGINIA WITHIN THE CONTEXT OF HISTORIC PRESERVATION THROUGH ORGANIZATION (ENCOURAGING COOPERATION AND BUILDING LEADERSHIP IN THE BUSINESS COMMUNITY), DESIGN (IMPROVING THE APPEARANCE OF DOWNTOWN FAIRMONT), AND ECONOMIC VITALITY (CREATING A BALANCED BUSINESS MIX AND EXPORING NEW MARKET NICHES).

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $127,489
Program Service Revenue $0
Investment Income $0
Other Revenue $8,835
TOTAL REVENUE $136,324

Expense Breakdown

Grants Paid $26,660
Salaries & Benefits $54,769
Fundraising Expenses $0
Program Expenses $98,531
Other Expenses $41,315
TOTAL EXPENSES $122,744

Year-over-Year Comparison

2022 2021 Change
Revenue $136,324 $117,663 +0.2%
Expenses $122,744 $90,356 +0.4%
Net Income $13,580 $27,307 -0.5%
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
14
Independent Members
14
Employees
4
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
5
$1,875
Total Directors
14
$1,875
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX PETRY EXECUTIVE DI 30.00
Officer Director
$1,875 $0 $1,875
DONNA BLOOD MEMBER 1.00
Director
$0 $0 $0
LAURA CANDELL TREASURER 1.00
Officer Director
$0 $0 $0
EVAN CHAPMAN MEMBER 1.00
Director
$0 $0 $0
JAMES KANE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
BRUCE MCDANIEL MEMBER 1.00
Director
$0 $0 $0
BRAD MERRIFIELD MEMBER 1.00
Director
$0 $0 $0
JEFF MERRIFIELD MEMBER 1.00
Director
$0 $0 $0
NANCY SECURRO MEMBER 1.00
Director
$0 $0 $0
TINA SHAW MEMBER 1.00
Director
$0 $0 $0
SHARON SWEARINGEN MEMBER 1.00
Director
$0 $0 $0
KARA THOMAS SECRETARY 2.00
Officer Director
$0 $0 $0
BRETT WHITE MEMBER 1.00
Director
$0 $0 $0
AARON YANUZO PRESIDENT 4.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $136,324 $122,744 $544,795 $13,580
2022 $117,663 $90,356 $544,013 $27,307
2021 $37,590 $63,817 $530,388 $-26,227
2020 $31,513 $29,382 $570,166 $2,131
2019 $104,088 $101,384 $34,366 $2,704
Explore More Nonprofits
Top 100 Nonprofits in West Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MAIN STREET FAIRMONT INC with other nonprofits in West Virginia and across the country.