MAINSTREET LAURENS USA INC

EIN: 571055101 501(c)(3) Community Improvement

LAURENS, SC

Total Revenue
$137,388
Total Expenses
$140,574
Total Assets
$274,113
Net Assets
$272,644
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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
1999
Legal Domicile
SC
Principal Officer
BRAD ABERCROMBIE
Phone
8649842119
Tax Period
2025-01-01 to 2025-12-31

MAINSTREET LAURENS USA INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $137K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year.

Mission

TO PROMOTE, IMPROVE, AND PRESERVE THE UNIQUE CHARACTER AND ECONOMIC VITALITY OF DOWNTOWN LAURENS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $127,184
Program Service Revenue $0
Investment Income $51
Other Revenue $10,153
TOTAL REVENUE $137,388

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,319
Fundraising Expenses $1,767
Program Expenses $116,989
Other Expenses $105,255
TOTAL EXPENSES $140,574

Year-over-Year Comparison

2025 2024 Change
Revenue $137,388 $159,807 -0.1%
Expenses $140,574 $214,831 -0.3%
Net Income $-3,186 $-55,024 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
3
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
0
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY ABERCROMBIE DIRECTOR N/A
Director
$0 $0 $0
APRYL BAILEY TREASURER N/A
Director
$0 $0 $0
TAYLOR BARRETT MAYOR OF LAU N/A
Director
$0 $0 $0
LISA CANADA CITY OF LAUR N/A
Director
$0 $0 $0
SHIRLEY CLARKE LAURENS COUN N/A
Director
$0 $0 $0
JAKE COOPER DIRECTOR N/A
Director
$0 $0 $0
RYLAND CULBERTSON DIRECTOR N/A
Director
$0 $0 $0
DABS DAVIS DIRECTOR N/A
Director
$0 $0 $0
LYNDA HOFFACKER DIRECTOR N/A
Director
$0 $0 $0
BARTON HOLMES DIRECTOR N/A
Director
$0 $0 $0
KALEEFA NEELY DIRECTOR N/A
Director
$0 $0 $0
CONNIE POST DIRECTOR N/A
Director
$0 $0 $0
DIANE SMITH DIRECTOR N/A
Director
$0 $0 $0
SCOTT TODD SECRETARY N/A
Director
$0 $0 $0
JOHN YOUNG PRESIDENT N/A
Director
$0 $0 $0
JENNIFER YOUSEFF DIRECTOR 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
2025 $137,388 $140,574 $274,113 $-3,186
2024 $159,807 $214,831 $277,444 $-55,024
2023 $169,513 $466,761 $332,258 $-297,248
2022 $526,912 $196,597 $532,505 $330,315
2021 $235,833 $201,792 $214,924 $34,041
2020 $165,348 $134,539 $180,883 $30,809
2019 $201,326 $188,676 $150,074 $12,650
2018 $285,660 $207,955 $137,424 $77,705
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