Main Street Ministry Association

Main Street Ministry Association operates with no executive compensation, managing fluctuating revenues and expenses.

EIN: 10905971 · Anthony, KS · NTEE: P20 · Updated: 2026-03-27

$128KRevenue

$67KAssets

85/100Mission Score (Excellent)

P20

About Main Street Ministry Association

Main Street Ministry Association (EIN: 10905971) is a nonprofit organization based in Anthony, KS, classified under NTEE code P20. The organization reported total revenue of $128K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Street Ministry Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Main Street Ministry Association demonstrates consistent financial activity, with revenues fluctuating but generally staying within the $60,000 to $170,000 range over the past decade. The organization has shown a pattern of operating with relatively tight margins, with expenses often closely tracking or occasionally exceeding revenue, as seen in 2022 where expenses of $99,979 surpassed revenue of $64,747, and in 2017 where expenses of $101,612 exceeded revenue of $70,408. This indicates a need for careful financial management to maintain solvency. The organization's assets have seen a decline from a high of $135,037 in 2016 to $71,901 in 2023, suggesting a reduction in reserves or investment in programs. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust.

While the provided data doesn't detail specific program, administrative, or fundraising expenses, the overall financial picture suggests an organization operating with limited resources. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to regulatory compliance and transparency. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the observation of no executive compensation. The organization's ability to manage liabilities, which have generally remained low, is a positive indicator of financial prudence.

Overall, Main Street Ministry Association appears to be a lean operation, focused on its mission without incurring executive compensation costs. Its financial health is stable but not robust, with a need to ensure revenues consistently cover expenses to prevent further asset depletion. The transparency in filing and zero officer compensation are strong points, but more detailed expense breakdowns would further clarify its spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Main Street Ministry Association with a Mission Score of 85 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 Ministry Association 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues ranging from $64,747 to $172,516.

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 Ministry Association's IRS 990 filings:

Inconsistent revenue generation leading to occasional deficit spending (e.g., 2022 expenses $99,979 vs. revenue $64,747)
Declining asset base over the past several years (from $135,037 in 2016 to $71,901 in 2023)

Strengths

The following positive indicators were identified for Main Street Ministry Association:

Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
Consistent filing of IRS 990 forms over 14 periods, demonstrating strong transparency and compliance.
Relatively low liabilities, suggesting prudent financial management of debt.

Frequently Asked Questions about Main Street Ministry Association

Is Main Street Ministry Association a good charity?

Based on the available data, Main Street Ministry Association appears to be a good charity, primarily due to its consistent reporting of 0% officer compensation, indicating that all funds are directed towards its mission rather than executive salaries. Its consistent filing of IRS 990s also demonstrates transparency.

How has Main Street Ministry Association's financial health changed over time?

The organization's financial health has seen fluctuations. While revenues have varied, assets have generally declined from a high of $135,037 in 2016 to $71,901 in 2023, suggesting a reduction in reserves. Expenses have sometimes exceeded revenue, as in 2022 and 2017, indicating periods of deficit spending.

What are the key financial challenges for Main Street Ministry Association?

A key financial challenge is maintaining consistent revenue streams to cover expenses, as seen in years where expenses exceeded revenue (e.g., 2022, 2017). The decline in assets also suggests a need to rebuild reserves and ensure long-term financial stability.

Filing History

IRS 990 filing history for Main Street Ministry Association showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Main Street Ministry Association's revenue has grown by 83.6%, moving from $53K to $98K. Total assets increased by 61.6% over the same period, from $44K to $72K. Total functional expenses rose by 62%, from $59K to $95K. In its most recent filing year (2023), Main Street Ministry Association reported a surplus of $3K, with revenue exceeding expenses. The organization holds $3K in liabilities against $72K in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $69K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$98K	$95K	$72K	$3K	—	View 990
2022	$65K	$100K	$62K	$4K	—	View 990
2021	$82K	$67K	$94K	$4K	—	View 990
2020	$91K	$81K	$122K	$93	—	—
2019	$92K	$86K	$109K	$584	—	View 990
2018	$87K	$90K	$95K	$684	—	View 990
2017	$70K	$102K	$102K	$4K	—	View 990
2016	$136K	$115K	$135K	$8K	—	View 990
2015	$173K	$143K	$125K	$15K	—	View 990
2014	$133K	$105K	$99K	$19K	—	View 990
2013	$74K	$65K	$75K	$22K	—	View 990
2012	$101K	$88K	$52K	$9K	—	View 990
2011	$85K	$82K	$57K	$27K	—	View 990
2010	$53K	$59K	$44K	$18K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $98K, expenses of $95K, and assets of $72K (revenue +51.3% year-over-year).
2022: Revenue of $65K, expenses of $100K, and assets of $62K (revenue -21.1% year-over-year).
2021: Revenue of $82K, expenses of $67K, and assets of $94K (revenue -9.3% year-over-year).
2020: Revenue of $91K, expenses of $81K, and assets of $122K (revenue -2.0% year-over-year).
2019: Revenue of $92K, expenses of $86K, and assets of $109K (revenue +5.7% year-over-year).
2018: Revenue of $87K, expenses of $90K, and assets of $95K (revenue +24.2% year-over-year).
2017: Revenue of $70K, expenses of $102K, and assets of $102K (revenue -48.2% year-over-year).
2016: Revenue of $136K, expenses of $115K, and assets of $135K (revenue -21.2% year-over-year).
2015: Revenue of $173K, expenses of $143K, and assets of $125K (revenue +29.4% year-over-year).
2014: Revenue of $133K, expenses of $105K, and assets of $99K (revenue +79.1% year-over-year).
2013: Revenue of $74K, expenses of $65K, and assets of $75K (revenue -26.4% year-over-year).
2012: Revenue of $101K, expenses of $88K, and assets of $52K (revenue +19.6% year-over-year).
2011: Revenue of $85K, expenses of $82K, and assets of $57K (revenue +58.4% year-over-year).
2010: Revenue of $53K, expenses of $59K, and assets of $44K.

Data Sources and Methodology

This transparency report for Main Street Ministry Association 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.