Pigtown Main Street Inc
EIN: 263465036 · Baltimore, MD · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $950K |
| Net Assets | $357K |
Is Pigtown Main Street Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pigtown Main Street Inc
Pigtown Main Street Inc (EIN: 263465036) is a nonprofit organization based in Baltimore, MD, classified under NTEE code S20. The organization reported total revenue of $240K and total assets of $244K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pigtown Main Street Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pigtown Main Street Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 28.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $909K |
| Total Expenses | $950K |
| Surplus / Deficit | $-41,690 |
| Total Assets | $382K |
| Total Liabilities | $25K |
| Net Assets | $357K |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Pigtown Main Street Inc reported a deficit of $42K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Pigtown Main Street Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +156.2% | +176.2% | -10.3% |
| 2022 | -8.9% | -32.0% | +37.3% |
| 2021 | +68.8% | +146.0% | -20.0% |
| 2020 | +12.3% | -16.4% | +131.0% |
| 2019 | -43.7% | +6.5% | -19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pigtown Main Street 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 Pigtown Main Street 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Pigtown Main Street Inc
Is Pigtown Main Street Inc a legitimate charity?
Pigtown Main Street Inc (EIN: 263465036) is a registered tax-exempt nonprofit based in Maryland. It has 11 years of IRS 990 filings on record. Total revenue: $240K. No red flags identified. Financial health grade: B.
How does Pigtown Main Street Inc spend its money?
Pigtown Main Street Inc reported $240K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pigtown Main Street Inc tax-deductible?
Pigtown Main Street Inc is registered as a tax-exempt nonprofit (EIN: 263465036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pigtown Main Street Inc located?
Pigtown Main Street Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 263465036. It is classified under NTEE code S20.
How many years of IRS 990 filings does Pigtown Main Street Inc have?
Pigtown Main Street Inc has 11 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 $240K in total revenue.
Filing History
IRS 990 filing history for Pigtown Main Street Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Pigtown Main Street Inc's revenue has grown by 1114.5%, moving from $75K to $909K. Total assets increased by 1296.7% over the same period, from $27K to $382K. Total functional expenses rose by 1395.4%, from $64K to $950K. In its most recent filing year (2023), Pigtown Main Street Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $25K in liabilities against $382K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $357K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $909K | $950K | $382K | $25K | — | — |
| 2022 | $355K | $344K | $426K | $27K | — | — |
| 2021 | $389K | $506K | $310K | $1K | — | View 990 |
| 2020 | $231K | $206K | $387K | $5K | — | — |
| 2019 | $205K | $246K | $168K | $0 | — | View 990 |
| 2018 | $365K | $231K | $208K | $0 | — | View 990 |
| 2017 | $240K | $278K | $74K | $0 | — | View 990 |
| 2016 | $248K | $180K | $112K | $0 | — | View 990 |
| 2015 | $138K | $139K | $44K | $0 | — | View 990 |
| 2014 | $140K | $123K | $44K | $0 | — | View 990 |
| 2013 | $75K | $64K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $909K, expenses of $950K, and assets of $382K (revenue +156.2% year-over-year).
- 2022: Revenue of $355K, expenses of $344K, and assets of $426K (revenue -8.9% year-over-year).
- 2021: Revenue of $389K, expenses of $506K, and assets of $310K (revenue +68.8% year-over-year).
- 2020: Revenue of $231K, expenses of $206K, and assets of $387K (revenue +12.3% year-over-year).
- 2019: Revenue of $205K, expenses of $246K, and assets of $168K (revenue -43.7% year-over-year).
- 2018: Revenue of $365K, expenses of $231K, and assets of $208K (revenue +52.3% year-over-year).
- 2017: Revenue of $240K, expenses of $278K, and assets of $74K (revenue -3.5% year-over-year).
- 2016: Revenue of $248K, expenses of $180K, and assets of $112K (revenue +79.6% year-over-year).
- 2015: Revenue of $138K, expenses of $139K, and assets of $44K (revenue -1.0% year-over-year).
- 2014: Revenue of $140K, expenses of $123K, and assets of $44K (revenue +86.7% year-over-year).
- 2013: Revenue of $75K, expenses of $64K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pigtown Main Street Inc:
Data Sources and Methodology
This transparency report for Pigtown Main Street 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.