Lawrenceburg Main Street Inc
Lawrenceburg Main Street Inc maintains stable finances with no reported executive compensation.
EIN: 200456048 · Lawrenceburg, IN · NTEE: S32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $401K |
| Transparency Score | 90/100 |
Is Lawrenceburg Main Street Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lawrenceburg Main Street Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lawrenceburg Main Street Inc
Lawrenceburg Main Street Inc (EIN: 200456048) is a nonprofit organization based in Lawrenceburg, IN, classified under NTEE code S32. The organization reported total revenue of $1.3M and total assets of $456K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawrenceburg Main Street Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lawrenceburg Main Street Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $969K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-131,893 |
| Total Assets | $401K |
| Total Liabilities | $200 |
| Net Assets | $401K |
| Operating Margin | -13.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Lawrenceburg Main Street Inc reported a deficit of $132K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Lawrenceburg Main Street Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | +18.3% | -23.9% |
| 2022 | +2.4% | -5.4% | +14.6% |
| 2021 | +7.3% | +35.7% | -2.4% |
| 2020 | +6.3% | -13.1% | +63.2% |
| 2019 | +27.0% | +22.3% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Lawrenceburg Main Street 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: 90%
- fundraising: 0%
According to IRS 990 filings, Lawrenceburg Main Street Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $132K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization with over $1 million in annual revenue.
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.
Red Flags
The following concerns were identified during AI analysis of Lawrenceburg Main Street Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unusually low liabilities (often $200) for an organization with over $1M in revenue, which could indicate incomplete reporting or a highly unique financial structure.
Strengths
The following positive indicators were identified for Lawrenceburg Main Street Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission-focused spending.
- Very low liabilities across all reported periods, demonstrating strong financial management and minimal debt.
- Stable revenue and asset base over multiple years, suggesting financial resilience.
- Positive net assets, indicating financial health and sustainability.
Frequently Asked Questions about Lawrenceburg Main Street Inc
Is Lawrenceburg Main Street Inc a legitimate charity?
Lawrenceburg Main Street Inc (EIN: 200456048) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Lawrenceburg Main Street Inc spend its money?
Lawrenceburg Main Street Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lawrenceburg Main Street Inc tax-deductible?
Lawrenceburg Main Street Inc is registered as a tax-exempt nonprofit (EIN: 200456048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lawrenceburg Main Street Inc CEO make?
Lawrenceburg Main Street Inc's highest-compensated officer earns $1 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Lawrenceburg Main Street Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lawrenceburg Main Street Inc is above average for NTEE category S32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lawrenceburg Main Street Inc located?
Lawrenceburg Main Street Inc is headquartered in Lawrenceburg, Indiana and files with the IRS under EIN 200456048. It is classified under NTEE code S32.
How many years of IRS 990 filings does Lawrenceburg Main Street Inc have?
Lawrenceburg Main Street Inc has 14 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 $1.3M in total revenue.
How does Lawrenceburg Main Street Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive functions may be performed by volunteers, or compensated through other means not reported on the 990, or that the organization has a unique operational model where leadership roles are not salaried positions.
What are the specific program activities funded by Lawrenceburg Main Street Inc?
The provided data does not detail specific program activities, but as a 'Main Street' organization (NTEE Code S32), its mission likely involves downtown revitalization, economic development, and community engagement in Lawrenceburg, IN.
Is the organization's asset base sufficient for its operations?
With assets of $400,865 in 2023 and annual expenses around $1.1 million, the organization holds approximately 4-5 months of operating reserves, which is a reasonable level for a nonprofit of this size.
Filing History
IRS 990 filing history for Lawrenceburg Main Street Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Lawrenceburg Main Street Inc's revenue has grown by 188.1%, moving from $336K to $969K. Total assets decreased by 50.1% over the same period, from $803K to $401K. Total functional expenses rose by 155.4%, from $431K to $1.1M. In its most recent filing year (2023), Lawrenceburg Main Street Inc reported a deficit of $132K, with expenses exceeding revenue. The organization holds $200 in liabilities against $401K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $969K | $1.1M | $401K | $200 | — | — |
| 2022 | $1.0M | $931K | $527K | $200 | — | — |
| 2021 | $978K | $983K | $460K | $200 | — | View 990 |
| 2020 | $911K | $725K | $471K | $3K | — | — |
| 2019 | $857K | $834K | $289K | $10K | — | View 990 |
| 2018 | $675K | $682K | $263K | $20K | — | View 990 |
| 2017 | $448K | $544K | $285K | $41K | — | View 990 |
| 2016 | $487K | $375K | $393K | $52K | — | View 990 |
| 2015 | $464K | $471K | $281K | $53K | — | View 990 |
| 2014 | $439K | $490K | $288K | $54K | — | View 990 |
| 2013 | $462K | $535K | $348K | $63K | — | View 990 |
| 2012 | $438K | $551K | $385K | $2K | — | View 990 |
| 2011 | $462K | $757K | $498K | $3K | — | View 990 |
| 2010 | $336K | $431K | $803K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $969K, expenses of $1.1M, and assets of $401K (revenue -3.2% year-over-year).
- 2022: Revenue of $1.0M, expenses of $931K, and assets of $527K (revenue +2.4% year-over-year).
- 2021: Revenue of $978K, expenses of $983K, and assets of $460K (revenue +7.3% year-over-year).
- 2020: Revenue of $911K, expenses of $725K, and assets of $471K (revenue +6.3% year-over-year).
- 2019: Revenue of $857K, expenses of $834K, and assets of $289K (revenue +27.0% year-over-year).
- 2018: Revenue of $675K, expenses of $682K, and assets of $263K (revenue +50.8% year-over-year).
- 2017: Revenue of $448K, expenses of $544K, and assets of $285K (revenue -8.2% year-over-year).
- 2016: Revenue of $487K, expenses of $375K, and assets of $393K (revenue +5.0% year-over-year).
- 2015: Revenue of $464K, expenses of $471K, and assets of $281K (revenue +5.6% year-over-year).
- 2014: Revenue of $439K, expenses of $490K, and assets of $288K (revenue -4.9% year-over-year).
- 2013: Revenue of $462K, expenses of $535K, and assets of $348K (revenue +5.6% year-over-year).
- 2012: Revenue of $438K, expenses of $551K, and assets of $385K (revenue -5.2% year-over-year).
- 2011: Revenue of $462K, expenses of $757K, and assets of $498K (revenue +37.3% year-over-year).
- 2010: Revenue of $336K, expenses of $431K, and assets of $803K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lawrenceburg Main Street Inc:
Data Sources and Methodology
This transparency report for Lawrenceburg Main Street 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.