Main Street Union City Inc

EIN: 621468215 501(c)(3) Community Improvement

Union City, TN

Total Revenue
$478,645
Total Expenses
$487,426
Total Assets
$139,570
Net Assets
$139,570
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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
1991
Legal Domicile
TN
Principal Officer
Katie Graves
Phone
7318858330
Tax Period
2024-07-01 to 2025-06-30

Main Street Union City Inc, founded in 1991, is a small nonprofit in the Community Improvement sector that reported $479K in total revenue in fiscal year 2024. Revenue surged 227% from the prior year, signaling strong growth momentum.

Mission

City Relations

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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 $387,237
Program Service Revenue $29,195
Investment Income $5,617
Other Revenue $56,596
TOTAL REVENUE $478,645

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,347
Fundraising Expenses $11,410
Program Expenses $414,577
Other Expenses $437,079
TOTAL EXPENSES $487,426

Year-over-Year Comparison

2024 2023 Change
Revenue $478,645 $146,420 +2.3%
Expenses $487,426 $122,916 +3.0%
Net Income $-8,781 $23,504 -1.4%
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

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Governance

Voting Members
20
Independent Members
10
Employees
1
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
$42,769
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Luz Morales Board Member 0.00
Director
$0 $0 $0
Joe Key BOARD MEMBER 0.00
Director
$0 $0 $0
Spencer Merrill Twilla BOARD MEMBER 0.00
Director
$0 $0 $0
Jim Rippy BOARD MEMBER 0.00
Director
$0 $0 $0
Lauren Kendall BOARD MEMBER 0.00
Director
$0 $0 $0
Mary Nita Bondurant BOARD MEMBER 0.00
Director
$0 $0 $0
Jessica Harris BOARD MEMBER 0.00
Director
$0 $0 $0
Jennifer Cagle BOARD MEMBER 0.00
Director
$0 $0 $0
Rita Hussey BOARD MEMBER 0.00
Director
$0 $0 $0
Delinda Scarborough BOARD MEMBER 0.00
Director
$0 $0 $0
Konstantin Kostanyan BOARD MEMBER 0.00
Director
$0 $0 $0
Katie Graves DIRECTOR 40.00
Officer
$42,769 $0 $42,769
Cassie Hood Treasurer 0.00
Officer
$0 $0 $0
Kenderick Hardin President 0.00
Officer
$0 $0 $0
Lolly Bearden Secretary 0.00
Officer
$0 $0 $0
Rachael McKinney Past President 0.00
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 $478,645 $487,426 $139,570 $-8,781
2024 $146,420 $122,916 $241,505 $23,504
2023 $102,277 $80,741 $228,848 $21,536
2022 $128,488 $106,461 $208,925 $22,027
2021 $89,915 $90,404 $189,643 $-489
2020 $106,069 $124,063 $190,132 $-17,994
2019 $69,605 $92,213 $207,726 $-22,608
2018 $132,120 $161,171 $230,334 $-29,051
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