Main Street Community Improvement District
Main Street Community Improvement District shows consistent asset growth and zero officer compensation, despite a recent operating deficit.
EIN: 205565883 · Kansas City, MO · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $684K |
| Total Expenses | $999K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $500,000 |
| Net Assets | $604K |
| Transparency Score | 90/100 |
Is Main Street Community Improvement District Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Main Street Community Improvement District directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Main Street Community Improvement District
Main Street Community Improvement District (EIN: 205565883) is a nonprofit organization based in Kansas City, MO, classified under NTEE code S20. The organization reported total revenue of $684K and total assets of $604K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Street Community Improvement District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Street Community Improvement District is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $849K |
| Total Expenses | $999K |
| Surplus / Deficit | $-150,369 |
| Total Assets | $604K |
| Net Assets | $604K |
| Operating Margin | -17.7% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Main Street Community Improvement District reported a deficit of $150K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2012–2023), Main Street Community Improvement District's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | +41.0% | -23.1% |
| 2021 | +26.4% | +5.2% | +38.4% |
| 2019 | -12.2% | -14.9% | +5.7% |
| 2018 | +21.5% | +22.7% | +2.6% |
| 2017 | -0.9% | +10.8% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2007 |
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 Main Street Community Improvement District 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, Main Street Community Improvement District 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 deficit of $150K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is either volunteer or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with revenues typically ranging from $500,000 to $900,000.
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 Main Street Community Improvement District's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202304) by $150,369, indicating an operating deficit for that period.
Strengths
The following positive indicators were identified for Main Street Community Improvement District:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in leadership costs.
- Steady growth in assets from $297,716 in 201204 to $604,366 in 202304, demonstrating financial accumulation.
- Consistently low or zero liabilities in recent years, indicating a healthy balance sheet and minimal debt.
- Regular filing of IRS Form 990s, demonstrating transparency and compliance.
- Revenues generally exceeding expenses in most periods, indicating sound financial management over the long term.
Frequently Asked Questions about Main Street Community Improvement District
Is Main Street Community Improvement District a legitimate charity?
Main Street Community Improvement District (EIN: 205565883) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $684K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Main Street Community Improvement District spend its money?
Main Street Community Improvement District directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Main Street Community Improvement District tax-deductible?
Main Street Community Improvement District is registered as a tax-exempt nonprofit (EIN: 205565883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Main Street Community Improvement District CEO make?
Main Street Community Improvement District's highest-compensated officer earns $500,000 annually. The organization reported $684K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Main Street Community Improvement District's spending goes to programs?
Main Street Community Improvement District directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Main Street Community Improvement District compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Main Street Community Improvement District is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Main Street Community Improvement District located?
Main Street Community Improvement District is headquartered in Kansas City, Missouri and files with the IRS under EIN 205565883. It is classified under NTEE code S20.
How many years of IRS 990 filings does Main Street Community Improvement District have?
Main Street Community Improvement District has 10 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 $684K in total revenue.
Is Main Street Community Improvement District a good charity?
Based on the available data, Main Street Community Improvement District appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Assets have grown steadily, and liabilities are consistently low or zero, suggesting financial stability. While there was a deficit in the most recent filing (202304), the overall trend shows revenues generally exceeding expenses.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time. Assets have grown from $297,716 in 201204 to $604,366 in 202304. Revenues have also shown a general upward trend, and expenses have largely been managed within revenue limits, with the exception of the 202304 period where expenses exceeded revenue by $150,369.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a highly conservative approach to executive pay. This suggests that either the leadership is entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which is a strong positive for donor trust and resource allocation to programs.
Filing History
IRS 990 filing history for Main Street Community Improvement District showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Main Street Community Improvement District's revenue has grown by 74.6%, moving from $486K to $849K. Total assets increased by 103% over the same period, from $298K to $604K. Total functional expenses rose by 79.1%, from $558K to $999K. In its most recent filing year (2023), Main Street Community Improvement District reported a deficit of $150K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $849K | $999K | $604K | $0 | — | — |
| 2021 | $893K | $709K | $785K | $0 | — | View 990 |
| 2019 | $706K | $674K | $567K | $0 | — | View 990 |
| 2018 | $804K | $792K | $537K | $2K | — | View 990 |
| 2017 | $662K | $645K | $523K | $0 | — | View 990 |
| 2016 | $668K | $582K | $0 | $0 | — | View 990 |
| 2015 | $624K | $558K | $423K | $2K | — | View 990 |
| 2014 | $599K | $506K | $359K | $5K | — | View 990 |
| 2013 | $492K | $537K | $252K | $5K | — | View 990 |
| 2012 | $486K | $558K | $298K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $849K, expenses of $999K, and assets of $604K (revenue -5.0% year-over-year).
- 2021: Revenue of $893K, expenses of $709K, and assets of $785K (revenue +26.4% year-over-year).
- 2019: Revenue of $706K, expenses of $674K, and assets of $567K (revenue -12.2% year-over-year).
- 2018: Revenue of $804K, expenses of $792K, and assets of $537K (revenue +21.5% year-over-year).
- 2017: Revenue of $662K, expenses of $645K, and assets of $523K (revenue -0.9% year-over-year).
- 2016: Revenue of $668K, expenses of $582K, and assets of $0 (revenue +7.0% year-over-year).
- 2015: Revenue of $624K, expenses of $558K, and assets of $423K (revenue +4.2% year-over-year).
- 2014: Revenue of $599K, expenses of $506K, and assets of $359K (revenue +21.9% year-over-year).
- 2013: Revenue of $492K, expenses of $537K, and assets of $252K (revenue +1.2% year-over-year).
- 2012: Revenue of $486K, expenses of $558K, and assets of $298K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Street Community Improvement District:
Data Sources and Methodology
This transparency report for Main Street Community Improvement District 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.