Fayetteville Main Street Tourism Association Inc
Fayetteville Main Street Tourism Association Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 10635954 · Fayetteville, GA · NTEE: S40 · Updated: 2026-03-27
Is Fayetteville Main Street Tourism Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fayetteville Main Street Tourism Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fayetteville Main Street Tourism Association Inc
Fayetteville Main Street Tourism Association Inc (EIN: 10635954) is a nonprofit organization based in Fayetteville, GA, classified under NTEE code S40. The organization reported total revenue of $1.3M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fayetteville Main Street Tourism Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fayetteville Main Street Tourism Association Inc is a mid-size nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$351K |
| Total Assets | $923K |
| Total Liabilities | $54K |
| Net Assets | $869K |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2023, Fayetteville Main Street Tourism Association Inc reported a surplus of $351K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Fayetteville Main Street Tourism Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.3% | +35.7% | +74.0% |
| 2022 | +39.1% | +80.2% | -11.2% |
| 2021 | +10.8% | +12.6% | +62.6% |
| 2020 | -16.5% | -45.7% | +71.8% |
| 2019 | +2.5% | -19.9% | -28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fayetteville Main Street Tourism Association Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fayetteville Main Street Tourism Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $351K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure or that executive compensation is covered through other means not reported as officer compensation, which is highly favorable for directing funds to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Fayetteville Main Street Tourism Association Inc:
- Consistent revenue growth, increasing from $505,577 in 201407 to $1,503,880 in 202307.
- Strong asset accumulation, growing from $238,691 in 201407 to $922,857 in 202307.
- Healthy financial position with expenses consistently lower than revenue, leading to surpluses.
- Low liability-to-asset ratio, indicating good financial management (e.g., $54,283 liabilities vs. $922,857 assets in 202307).
- No reported officer compensation across all filings, suggesting high efficiency and dedication to mission.
Frequently Asked Questions about Fayetteville Main Street Tourism Association Inc
Is Fayetteville Main Street Tourism Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fayetteville Main Street Tourism Association Inc (EIN: 10635954) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Fayetteville Main Street Tourism Association Inc spend its money?
Fayetteville Main Street Tourism Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fayetteville Main Street Tourism Association Inc tax-deductible?
Fayetteville Main Street Tourism Association Inc is registered as a tax-exempt nonprofit (EIN: 10635954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fayetteville Main Street Tourism Association Inc a good charity?
Based on the available financial data, Fayetteville Main Street Tourism Association Inc appears to be a good charity. It demonstrates consistent revenue growth, strong asset accumulation, and a healthy financial position with low liabilities. The absence of reported officer compensation is a significant positive indicator of efficiency and dedication to its mission.
How has the organization's financial health changed over the past decade?
Over the past decade, the organization's financial health has significantly improved. Revenue has more than doubled from $505,577 in 201407 to $1,503,880 in 202307, and assets have quadrupled from $238,691 to $922,857 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a strong commitment to minimizing administrative overhead related to executive salaries and maximizing funds for program activities.
Filing History
IRS 990 filing history for Fayetteville Main Street Tourism Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Fayetteville Main Street Tourism Association Inc's revenue has grown by 247.9%, moving from $432K to $1.5M. Total assets increased by 1218.4% over the same period, from $70K to $923K. Total functional expenses rose by 177.5%, from $415K to $1.2M. In its most recent filing year (2023), Fayetteville Main Street Tourism Association Inc reported a surplus of $351K, with revenue exceeding expenses. The organization holds $54K in liabilities against $923K in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $869K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $923K | $54K | — | View 990 |
| 2022 | $910K | $849K | $530K | $13K | — | — |
| 2021 | $654K | $471K | $597K | $140K | — | View 990 |
| 2020 | $590K | $419K | $367K | $93K | — | — |
| 2019 | $707K | $771K | $214K | $111K | — | View 990 |
| 2018 | $690K | $963K | $301K | $133K | — | View 990 |
| 2017 | $714K | $668K | $529K | $88K | — | View 990 |
| 2016 | $642K | $568K | $516K | $121K | — | View 990 |
| 2015 | $651K | $487K | $423K | $102K | — | View 990 |
| 2014 | $506K | $448K | $239K | $82K | — | — |
| 2013 | $468K | $407K | $144K | $59K | — | View 990 |
| 2012 | $432K | $415K | $70K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $923K (revenue +65.3% year-over-year).
- 2022: Revenue of $910K, expenses of $849K, and assets of $530K (revenue +39.1% year-over-year).
- 2021: Revenue of $654K, expenses of $471K, and assets of $597K (revenue +10.8% year-over-year).
- 2020: Revenue of $590K, expenses of $419K, and assets of $367K (revenue -16.5% year-over-year).
- 2019: Revenue of $707K, expenses of $771K, and assets of $214K (revenue +2.5% year-over-year).
- 2018: Revenue of $690K, expenses of $963K, and assets of $301K (revenue -3.4% year-over-year).
- 2017: Revenue of $714K, expenses of $668K, and assets of $529K (revenue +11.1% year-over-year).
- 2016: Revenue of $642K, expenses of $568K, and assets of $516K (revenue -1.3% year-over-year).
- 2015: Revenue of $651K, expenses of $487K, and assets of $423K (revenue +28.7% year-over-year).
- 2014: Revenue of $506K, expenses of $448K, and assets of $239K (revenue +7.9% year-over-year).
- 2013: Revenue of $468K, expenses of $407K, and assets of $144K (revenue +8.4% year-over-year).
- 2012: Revenue of $432K, expenses of $415K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fayetteville Main Street Tourism Association Inc:
Data Sources and Methodology
This transparency report for Fayetteville Main Street Tourism Association 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.