Main Street Aurora Inc
EIN: 352077984 · Aurora, IN · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $129K |
| Net Assets | $251K |
Is Main Street Aurora Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Main Street Aurora Inc
Main Street Aurora Inc (EIN: 352077984) is a nonprofit organization based in Aurora, IN, classified under NTEE code S30. The organization reported total revenue of $138K and total assets of $263K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Street Aurora Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Street Aurora Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $129K |
| Surplus / Deficit | +$10K |
| Total Assets | $257K |
| Total Liabilities | $6K |
| Net Assets | $251K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 24.0 months |
Financial Health Grade: A
In 2023, Main Street Aurora Inc reported a surplus of $10K with revenue exceeding expenses, holds 24.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Main Street Aurora Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | -16.2% | +7.3% |
| 2022 | -8.8% | +20.3% | -9.2% |
| 2021 | +23.0% | +6.7% | +8.6% |
| 2020 | -36.3% | -33.0% | -0.1% |
| 2019 | +12.5% | +15.7% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Main Street Aurora 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 Main Street Aurora 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 surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Main Street Aurora Inc
Is Main Street Aurora Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Main Street Aurora Inc (EIN: 352077984) insufficient data. 0 red flags identified, 0 strengths noted.
How does Main Street Aurora Inc spend its money?
Detailed spending breakdown data is not yet available for Main Street Aurora Inc. Check back for updated IRS 990 analysis.
Are donations to Main Street Aurora Inc tax-deductible?
Main Street Aurora Inc is registered as a tax-exempt nonprofit (EIN: 352077984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Main Street Aurora Inc located?
Main Street Aurora Inc is headquartered in Aurora, Indiana and files with the IRS under EIN 352077984. It is classified under NTEE code S30.
How many years of IRS 990 filings does Main Street Aurora Inc have?
Main Street Aurora Inc has 13 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 $138K in total revenue.
Filing History
IRS 990 filing history for Main Street Aurora Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Main Street Aurora Inc's revenue has declined by 2.7%, moving from $143K to $139K. Total assets increased by 229.3% over the same period, from $78K to $257K. Total functional expenses rose by 16.6%, from $110K to $129K. In its most recent filing year (2023), Main Street Aurora Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $6K in liabilities against $257K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $251K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $129K | $257K | $6K | — | — |
| 2022 | $134K | $153K | $240K | $650 | — | View 990 |
| 2021 | $147K | $128K | $264K | $5K | — | View 990 |
| 2020 | $119K | $119K | $243K | $1K | — | — |
| 2019 | $187K | $178K | $243K | $1K | — | View 990 |
| 2018 | $166K | $154K | $234K | $998 | — | View 990 |
| 2017 | $142K | $108K | $221K | $1K | — | View 990 |
| 2016 | $150K | $128K | $187K | $999 | — | View 990 |
| 2015 | $129K | $97K | $164K | $953 | — | View 990 |
| 2014 | $131K | $112K | $131K | $5K | — | View 990 |
| 2013 | $148K | $130K | $112K | $5K | — | View 990 |
| 2012 | $146K | $131K | $93K | $4K | — | View 990 |
| 2011 | $143K | $110K | $78K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $129K, and assets of $257K (revenue +3.7% year-over-year).
- 2022: Revenue of $134K, expenses of $153K, and assets of $240K (revenue -8.8% year-over-year).
- 2021: Revenue of $147K, expenses of $128K, and assets of $264K (revenue +23.0% year-over-year).
- 2020: Revenue of $119K, expenses of $119K, and assets of $243K (revenue -36.3% year-over-year).
- 2019: Revenue of $187K, expenses of $178K, and assets of $243K (revenue +12.5% year-over-year).
- 2018: Revenue of $166K, expenses of $154K, and assets of $234K (revenue +16.9% year-over-year).
- 2017: Revenue of $142K, expenses of $108K, and assets of $221K (revenue -5.1% year-over-year).
- 2016: Revenue of $150K, expenses of $128K, and assets of $187K (revenue +16.6% year-over-year).
- 2015: Revenue of $129K, expenses of $97K, and assets of $164K (revenue -2.1% year-over-year).
- 2014: Revenue of $131K, expenses of $112K, and assets of $131K (revenue -11.0% year-over-year).
- 2013: Revenue of $148K, expenses of $130K, and assets of $112K (revenue +1.2% year-over-year).
- 2012: Revenue of $146K, expenses of $131K, and assets of $93K (revenue +2.3% year-over-year).
- 2011: Revenue of $143K, expenses of $110K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Street Aurora Inc:
Data Sources and Methodology
This transparency report for Main Street Aurora 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.