New Albany Main Street Association Inc (EIN 640884475) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Billye Jean Stroud

Phone

6625343438

Tax Period

2024-01-01 to 2024-12-31

New Albany Main Street Association Inc, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2024. The organization ran a surplus of $79K, a strong 30% operating margin.

Mission

To promote the economic welfare of New Albany, MS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,584

Program Service Revenue $0

Investment Income $14,304

Other Revenue $93,416

TOTAL REVENUE $258,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,959

Fundraising Expenses $0

Program Expenses $149,232

Other Expenses $166,656

TOTAL EXPENSES $179,615

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,304	$242,979	+0.1%
Expenses	$179,615	$140,338	+0.3%
Net Income	$78,689	$102,641	-0.2%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bob Spencer	President	0.00	Officer Director	$0	$0	$0
Chris Pugh	Board Member	0.00	Director	$0	$0	$0
Rachel Ray	Board member	0.00	Director	$0	$0	$0
Nancy Kidd	Secretary	0.00	Officer Director	$0	$0	$0
C J Bright	Board Member	0.00	Director	$0	$0	$0
Billy Wiseman	Director	0.00	Director	$0	$0	$0
Keith Conlee	Board Member	0.00	Director	$0	$0	$0
Colt Doom	Vice President	0.00	Officer Director	$0	$0	$0
Michael Brown	Board Member	0.00	Director	$0	$0	$0
Billye Jean Stroud	Manager	40.00	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	$258,304	$179,615	$488,179	$78,689
2023	$242,979	$140,338	$411,372	$102,641

New Albany Main Street Association Inc