MAIN STREET CONNECT INC

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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

2017

Legal Domicile

Principal Officer

JILLIAN COPELAND

Phone

3014610024

Tax Period

2024-01-01 to 2024-12-31

MAIN STREET CONNECT INC, founded in 2017, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $435K, a strong 28% operating margin.

Mission

MAIN STREET'S MISSION IS TO MEET THE URGENT NEED FOR DISABILITY HOUSING AND PROGRAMMING WITH AFFORDABLE, COMMUNITY-CENTERED SPACES AND OPPORTUNITIES THAT PROMOTE INCLUSION, INDEPENDENCE AND QUALITY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $654,194 Revenue: $334,906

HELD SEVERAL COMMUNITY ENGAGEMENT EVENTS SPREADING THE WORD ABOUT MAIN STREET CONNECT'S MISSION AND GOAL OF CREATING AN INCLUSIVE, COMMUNITY-CENTERED RESIDENTIAL DEVELOPMENT FOR ADULTS WITH...

HELD SEVERAL COMMUNITY ENGAGEMENT EVENTS SPREADING THE WORD ABOUT MAIN STREET CONNECT'S MISSION AND GOAL OF CREATING AN INCLUSIVE, COMMUNITY-CENTERED RESIDENTIAL DEVELOPMENT FOR ADULTS WITH DISABILITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,199,856

Program Service Revenue $0

Investment Income $433,841

Other Revenue $-69,156

TOTAL REVENUE $1,564,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $757,441

Fundraising Expenses $116,234

Program Expenses $654,194

Other Expenses $372,218

TOTAL EXPENSES $1,129,659

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,564,541	$1,407,251	+0.1%
Expenses	$1,129,659	$903,563	+0.3%
Net Income	$434,882	$503,688	-0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
JILLIAN COPELAND	BOARD CHAIR	15.00	Officer Director	$0	$0	$0
ROBERT GRANADER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID ASTROVE	DIRECTOR	1.00	Director	$0	$0	$0
LISA FRIEDLANDER	DIRECTOR	1.00	Officer Director	$0	$0	$0
KAREN BROWN BEVERIDGE	DIRECTOR	1.00	Officer Director	$0	$0	$0
ANDY FRIEDLANDER	DIRECTOR	1.00	Director	$0	$0	$0
DONTE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JENI STEPANEK	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT COPELAND	TREASURER	15.00	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	$1,564,541	$1,129,659	$10,334,278	$434,882
2023	$1,407,251	$903,563	$9,944,977	$503,688
2022	$1,289,513	$737,078	$9,371,691	$552,435
2021	$2,266,244	$671,634	$8,826,786	$1,594,610
2020	$2,152,038	$566,212	$7,289,775	$1,585,826
2019	$1,577,097	$165,848	$5,636,826	$1,411,249
2018	$1,690,759	$84,228	$4,220,371	$1,606,531