Main Street Park Alliance
EIN: 874649088 · Chelsea, MI · NTEE: N32
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $65K |
| Net Assets | $2.1M |
Is Main Street Park Alliance 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 Park Alliance
Main Street Park Alliance (EIN: 874649088) is a nonprofit organization based in Chelsea, MI, classified under NTEE code N32. The organization reported total revenue of $2.6M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Street Park Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Street Park Alliance is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -24.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $942K |
| Total Expenses | $65K |
| Surplus / Deficit | +$877K |
| Total Assets | $2.2M |
| Total Liabilities | $74K |
| Net Assets | $2.1M |
| Operating Margin | 93.1% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 398.0 months |
Financial Health Grade: A
In 2023, Main Street Park Alliance reported a surplus of $877K with revenue exceeding expenses, holds 398.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Main Street Park Alliance's revenue has declined at a compound annual growth rate (CAGR) of -24.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.2% | -17.2% | +85.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Main Street Park Alliance 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 Park Alliance 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 $877K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Main Street Park Alliance
Is Main Street Park Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Main Street Park Alliance (EIN: 874649088) insufficient data. 0 red flags identified, 0 strengths noted.
How does Main Street Park Alliance spend its money?
Detailed spending breakdown data is not yet available for Main Street Park Alliance. Check back for updated IRS 990 analysis.
Are donations to Main Street Park Alliance tax-deductible?
Main Street Park Alliance is registered as a tax-exempt nonprofit (EIN: 874649088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Main Street Park Alliance located?
Main Street Park Alliance is headquartered in Chelsea, Michigan and files with the IRS under EIN 874649088. It is classified under NTEE code N32.
How many years of IRS 990 filings does Main Street Park Alliance have?
Main Street Park Alliance has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.6M in total revenue.
Filing History
IRS 990 filing history for Main Street Park Alliance showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Main Street Park Alliance's revenue has declined by 24.2%, moving from $1.2M to $942K. Total assets increased by 85.9% over the same period, from $1.2M to $2.2M. Total functional expenses fell by 17.2%, from $79K to $65K. In its most recent filing year (2023), Main Street Park Alliance reported a surplus of $877K, with revenue exceeding expenses. The organization holds $74K in liabilities against $2.2M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $942K | $65K | $2.2M | $74K | — | — |
| 2022 | $1.2M | $79K | $1.2M | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Street Park Alliance:
Data Sources and Methodology
This transparency report for Main Street Park Alliance 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.