Canton Main St Program Inc
EIN: 300606189 · Canton, GA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $145K |
| Total Expenses | $166K |
| Net Assets | $53K |
Is Canton Main St Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Canton Main St Program Inc
Canton Main St Program Inc (EIN: 300606189) is a nonprofit organization based in Canton, GA, classified under NTEE code S41. The organization reported total revenue of $145K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canton Main St Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Canton Main St Program Inc is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $166K |
| Surplus / Deficit | $-21,135 |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | -14.6% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Canton Main St Program Inc reported a deficit of $21K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2017–2023), Canton Main St Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | +13.9% | -28.5% |
| 2022 | +26.4% | +65.2% | -18.2% |
| 2021 | -21.5% | -31.5% | +14.9% |
| 2020 | +48.8% | +59.4% | -2.5% |
| 2019 | +17.8% | +20.2% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Canton Main St Program Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Canton Main St Program Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
Frequently Asked Questions about Canton Main St Program Inc
Is Canton Main St Program Inc a legitimate charity?
Canton Main St Program Inc (EIN: 300606189) is a registered tax-exempt nonprofit based in Georgia. It has 7 years of IRS 990 filings on record. Total revenue: $145K. No red flags identified. Financial health grade: B.
How does Canton Main St Program Inc spend its money?
Canton Main St Program Inc reported $145K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Canton Main St Program Inc tax-deductible?
Canton Main St Program Inc is registered as a tax-exempt nonprofit (EIN: 300606189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Canton Main St Program Inc located?
Canton Main St Program Inc is headquartered in Canton, Georgia and files with the IRS under EIN 300606189. It is classified under NTEE code S41.
How many years of IRS 990 filings does Canton Main St Program Inc have?
Canton Main St Program Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $145K in total revenue.
Filing History
IRS 990 filing history for Canton Main St Program Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Canton Main St Program Inc's revenue has grown by 67.6%, moving from $86K to $145K. Total assets decreased by 24.9% over the same period, from $71K to $53K. Total functional expenses rose by 209%, from $54K to $166K. In its most recent filing year (2023), Canton Main St Program Inc reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $166K | $53K | $0 | — | View 990 |
| 2022 | $126K | $146K | $75K | $0 | — | View 990 |
| 2021 | $100K | $88K | $91K | $0 | — | View 990 |
| 2020 | $127K | $129K | $80K | $0 | — | View 990 |
| 2019 | $85K | $81K | $82K | $0 | — | View 990 |
| 2018 | $73K | $67K | $77K | $0 | — | View 990 |
| 2017 | $86K | $54K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $166K, and assets of $53K (revenue +14.4% year-over-year).
- 2022: Revenue of $126K, expenses of $146K, and assets of $75K (revenue +26.4% year-over-year).
- 2021: Revenue of $100K, expenses of $88K, and assets of $91K (revenue -21.5% year-over-year).
- 2020: Revenue of $127K, expenses of $129K, and assets of $80K (revenue +48.8% year-over-year).
- 2019: Revenue of $85K, expenses of $81K, and assets of $82K (revenue +17.8% year-over-year).
- 2018: Revenue of $73K, expenses of $67K, and assets of $77K (revenue -15.8% year-over-year).
- 2017: Revenue of $86K, expenses of $54K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Canton Main St Program Inc:
Data Sources and Methodology
This transparency report for Canton Main St Program Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.