Periods of strong financial surplus (e.g., 2021: $106,017 revenue vs. $51,736 expenses).
Spending Breakdown
How Main Street Live Ltd allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Main Street Live Ltd
Is Main Street Live Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Main Street Live Ltd (EIN: 202501698) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Main Street Live Ltd a good charity to donate to?
Main Street Live Ltd has a Mission Score of 65/100. Revenue: $138K. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Main Street Live Ltd?
The Employer Identification Number (EIN) for Main Street Live Ltd is 202501698. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Main Street Live Ltd spend its money?
Main Street Live Ltd allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Main Street Live Ltd's tax-exempt status?
You can verify Main Street Live Ltd's tax-exempt status using EIN 202501698 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Main Street Live Ltd has demonstrated inconsistent financial health over the past several years. In 2023, the organization reported expenses of $151,851 against revenues of $115,395, indicating a deficit. This trend of expenses exceeding revenue is also visible in 2022 ($93,780 expenses vs. $74,488 revenue) and 2019 ($221,103 expenses vs. $203,127 revenue). While there were periods of surplus, such as in 2021 where revenue ($106,017) significantly outpaced expenses ($51,736), the overall pattern suggests a need for more stable financial management. The organization's assets have fluctuated, reaching a high of $152,888 in 2021 but decreasing to $97,140 by 2023, while liabilities have remained substantial, at $115,578 in 2023, exceeding current assets. This indicates potential liquidity challenges.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in that specific area. The organization's transparency is generally good, with 13 filings available, indicating regular reporting to the IRS. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how efficiently funds are being allocated to its mission.
Overall, Main Street Live Ltd appears to be a small organization with fluctuating financial performance. While it maintains transparency through regular filings and shows no officer compensation, its recurring deficits and high liabilities relative to assets in recent years warrant closer scrutiny. A more detailed breakdown of expenses would be crucial for a comprehensive assessment of its spending efficiency and program impact.