Main Street Mile Inc
Main Street Mile Inc. reports zero revenue and assets, signaling potential operational dormancy after years of expenses exceeding minimal income.
EIN: 113735163 · Boise, ID · NTEE: G30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $20K |
| Program Spending | 80% |
| Net Assets | $22K |
| Transparency Score | 30/100 |
Is Main Street Mile Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Main Street Mile Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Main Street Mile Inc
Main Street Mile Inc (EIN: 113735163) is a nonprofit organization based in Boise, ID, classified under NTEE code G30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Street Mile Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Street Mile Inc is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -54.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $40 |
| Total Expenses | $20K |
| Surplus / Deficit | $-19,960 |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | -49900.0% |
| Months of Reserves | 13.3 months |
Financial Health Grade: B
In 2020, Main Street Mile Inc reported a deficit of $20K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Main Street Mile Inc's revenue has declined at a compound annual growth rate (CAGR) of -54.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -33.3% | — | -47.4% |
| 2019 | -23.1% | -100.0% | +0.1% |
| 2018 | -7.1% | — | -28.1% |
| 2017 | -96.5% | -100.0% | +0.1% |
| 2016 | +2613.6% | -13.8% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Mile Inc with a Mission Score of 30 out of 100 (Poor). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Main Street Mile Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is a positive for resource allocation.
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 Mile Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential operational cessation.
- Consistent history of expenses significantly exceeding reported revenue, raising questions about financial sustainability.
- Significant decline in assets from $104,543 in 2011 to $0 currently, suggesting a depletion of reserves.
Strengths
The following positive indicators were identified for Main Street Mile Inc:
- Consistent reporting of 0% officer compensation, indicating no executive pay burden.
- History of IRS 990 filings demonstrates a commitment to transparency, even with minimal activity.
Frequently Asked Questions about Main Street Mile Inc
Is Main Street Mile Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Main Street Mile Inc (EIN: 113735163) significant concerns. Mission Score: 30/100. 3 red flags identified, 2 strengths noted.
How does Main Street Mile Inc spend its money?
Main Street Mile Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Main Street Mile Inc tax-deductible?
Main Street Mile Inc is registered as a tax-exempt nonprofit (EIN: 113735163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Main Street Mile Inc's spending goes to programs?
Main Street Mile Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Main Street Mile Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Main Street Mile Inc is below average for NTEE category G30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Main Street Mile Inc located?
Main Street Mile Inc is headquartered in Boise, Idaho and files with the IRS under EIN 113735163. It is classified under NTEE code G30.
How many years of IRS 990 filings does Main Street Mile Inc have?
Main Street Mile Inc 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.
Is Main Street Mile Inc. still actively operating given its latest $0 revenue and $0 assets?
The latest filing showing $0 revenue and $0 assets strongly suggests that Main Street Mile Inc. may no longer be actively operating or has significantly scaled down its activities to a point of dormancy. Further investigation into their current status would be necessary.
How did Main Street Mile Inc. fund its expenses when revenue was significantly lower, such as $40 revenue against $20,000 expenses in 2020?
The organization likely covered these deficits by drawing down its accumulated assets from previous years. For instance, assets decreased from $42,043 in 2019 to $22,098 in 2020, which would have helped cover the $19,960 deficit ($20,000 expenses - $40 revenue).
What were the primary categories of expenses for Main Street Mile Inc.?
Without a detailed breakdown of expenses from the IRS 990 filings, it is impossible to determine the primary categories of spending (e.g., program services, management and general, fundraising). The provided data only shows total expenses.
Filing History
IRS 990 filing history for Main Street Mile Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Main Street Mile Inc's revenue has declined by 99.9%, moving from $47K to $40. Total assets decreased by 78.9% over the same period, from $105K to $22K. Total functional expenses fell by 56.2%, from $46K to $20K. In its most recent filing year (2020), Main Street Mile Inc reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $40 | $20K | $22K | $0 | — | — |
| 2019 | $60 | $0 | $42K | $0 | — | View 990 |
| 2018 | $78 | $17K | $42K | $0 | — | View 990 |
| 2017 | $84 | $0 | $58K | $0 | — | View 990 |
| 2016 | $2K | $2K | $58K | $0 | — | View 990 |
| 2015 | $88 | $3K | $60K | $0 | — | View 990 |
| 2014 | $75 | $2K | $63K | $0 | — | View 990 |
| 2013 | $14K | $41K | $64K | $0 | — | View 990 |
| 2012 | $30K | $45K | $90K | $0 | — | View 990 |
| 2011 | $47K | $46K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $40, expenses of $20K, and assets of $22K (revenue -33.3% year-over-year).
- 2019: Revenue of $60, expenses of $0, and assets of $42K (revenue -23.1% year-over-year).
- 2018: Revenue of $78, expenses of $17K, and assets of $42K (revenue -7.1% year-over-year).
- 2017: Revenue of $84, expenses of $0, and assets of $58K (revenue -96.5% year-over-year).
- 2016: Revenue of $2K, expenses of $2K, and assets of $58K (revenue +2613.6% year-over-year).
- 2015: Revenue of $88, expenses of $3K, and assets of $60K (revenue +17.3% year-over-year).
- 2014: Revenue of $75, expenses of $2K, and assets of $63K (revenue -99.5% year-over-year).
- 2013: Revenue of $14K, expenses of $41K, and assets of $64K (revenue -52.3% year-over-year).
- 2012: Revenue of $30K, expenses of $45K, and assets of $90K (revenue -35.4% year-over-year).
- 2011: Revenue of $47K, expenses of $46K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Street Mile Inc:
Data Sources and Methodology
This transparency report for Main Street Mile 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.