MAIN STREET COLUMBIA INC

EIN: 640823507

COLUMBIA, MS

Total Revenue
$134,226
Total Expenses
$34,241
Total Assets
$116,855
Net Assets
$116,855
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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
1993
Legal Domicile
MS
Principal Officer
PATRICIA NORRIS
Phone
6017366385
Tax Period
2023-01-01 to 2023-12-31

MAIN STREET COLUMBIA INC, founded in 1993, is a small nonprofit that reported $134K in total revenue in fiscal year 2023. Revenue surged 471% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 74% operating margin.

Mission

MAIN STREET COLUMBIA, INC. IS DEDICATED TO THE CONTINUING TRADITIONS OF AN ACTIVE, PROSPEROUS DOWNTOWN BY ENCOURAGING DEVELOPMENT AND REVITILIZATION OF DOWNTOWN COLUMBIA, MS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $115,583
Program Service Revenue $18,614
Investment Income $29
Other Revenue $0
TOTAL REVENUE $134,226

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $34,241
TOTAL EXPENSES $34,241

Year-over-Year Comparison

2023 2022 Change
Revenue $134,226 $23,487 +4.7%
Expenses $34,241 $22,175 +0.5%
Net Income $99,985 $1,312 +75.2%
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
8
Independent Members
8
Employees
N/A
Volunteers
50

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA NORRIS PRESIDENT N/A
Officer
$0 $0 $0
MEGAN SAULS SECRETARY N/A
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
2024 No data No data No data No data
2023 $134,226 $34,241 $116,855 $99,985
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