Main Street Middletown Md Inc
EIN: 264781800 · Middletown, MD · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $430K |
| Total Expenses | $253K |
| Net Assets | $623K |
Is Main Street Middletown Md 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 Middletown Md Inc
Main Street Middletown Md Inc (EIN: 264781800) is a nonprofit organization based in Middletown, MD, classified under NTEE code S30. The organization reported total revenue of $430K and total assets of $671K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Street Middletown Md Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Street Middletown Md Inc is a small nonprofit that has been operating for 14 years, with 7 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 18.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $342K |
| Total Expenses | $253K |
| Surplus / Deficit | +$89K |
| Total Assets | $680K |
| Total Liabilities | $57K |
| Net Assets | $623K |
| Operating Margin | 25.9% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 32.2 months |
Financial Health Grade: A
In 2024, Main Street Middletown Md Inc reported a surplus of $89K with revenue exceeding expenses, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 7 years of filings (2018–2024), Main Street Middletown Md Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.5% | +15.5% | +23.1% |
| 2023 | +95.0% | +216.5% | +17.5% |
| 2022 | -66.1% | -76.0% | +23.9% |
| 2021 | +418.1% | +138.0% | +64.6% |
| 2020 | -54.7% | +97.6% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Main Street Middletown Md 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 Middletown Md 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.4%.
Frequently Asked Questions about Main Street Middletown Md Inc
Is Main Street Middletown Md Inc a legitimate charity?
Main Street Middletown Md Inc (EIN: 264781800) is a registered tax-exempt nonprofit based in Maryland. It has 7 years of IRS 990 filings on record. Total revenue: $430K. No red flags identified. Financial health grade: A.
How does Main Street Middletown Md Inc spend its money?
Main Street Middletown Md Inc reported $430K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Main Street Middletown Md Inc tax-deductible?
Main Street Middletown Md Inc is registered as a tax-exempt nonprofit (EIN: 264781800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Main Street Middletown Md Inc located?
Main Street Middletown Md Inc is headquartered in Middletown, Maryland and files with the IRS under EIN 264781800. It is classified under NTEE code S30.
How many years of IRS 990 filings does Main Street Middletown Md Inc have?
Main Street Middletown Md 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 $430K in total revenue.
Filing History
IRS 990 filing history for Main Street Middletown Md Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2018–2024), Main Street Middletown Md Inc's revenue has grown by 178.3%, moving from $123K to $342K. Total assets increased by 453.2% over the same period, from $123K to $680K. Total functional expenses rose by 291.5%, from $65K to $253K. In its most recent filing year (2024), Main Street Middletown Md Inc reported a surplus of $89K, with revenue exceeding expenses. The organization holds $57K in liabilities against $680K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $623K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $342K | $253K | $680K | $57K | — | — |
| 2023 | $301K | $219K | $552K | $10K | — | — |
| 2022 | $155K | $69K | $470K | $14K | — | View 990 |
| 2021 | $456K | $289K | $379K | $8K | — | View 990 |
| 2020 | $88K | $121K | $230K | $27K | — | — |
| 2019 | $194K | $61K | $233K | $-4,508 | — | View 990 |
| 2018 | $123K | $65K | $123K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $342K, expenses of $253K, and assets of $680K (revenue +13.5% year-over-year).
- 2023: Revenue of $301K, expenses of $219K, and assets of $552K (revenue +95.0% year-over-year).
- 2022: Revenue of $155K, expenses of $69K, and assets of $470K (revenue -66.1% year-over-year).
- 2021: Revenue of $456K, expenses of $289K, and assets of $379K (revenue +418.1% year-over-year).
- 2020: Revenue of $88K, expenses of $121K, and assets of $230K (revenue -54.7% year-over-year).
- 2019: Revenue of $194K, expenses of $61K, and assets of $233K (revenue +58.3% year-over-year).
- 2018: Revenue of $123K, expenses of $65K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Street Middletown Md Inc:
Data Sources and Methodology
This transparency report for Main Street Middletown Md 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.