Poteau Main Street Matters Inc
Poteau Main Street Matters Inc. operates on tight margins with declining assets and frequent expense overruns.
EIN: 20732814 · Poteau, OK · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $29K |
| Program Spending | 75% |
| Net Assets | $3K |
| Transparency Score | 65/100 |
Is Poteau Main Street Matters Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Poteau Main Street Matters Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Poteau Main Street Matters Inc
Poteau Main Street Matters Inc (EIN: 20732814) is a nonprofit organization based in Poteau, OK, classified under NTEE code S20. The organization reported total revenue of $38K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Poteau Main Street Matters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Poteau Main Street Matters Inc is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $29K |
| Surplus / Deficit | +$2K |
| Total Assets | $8K |
| Total Liabilities | $5K |
| Net Assets | $3K |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 65.4% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2021, Poteau Main Street Matters Inc reported a surplus of $2K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 65.4% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Poteau Main Street Matters Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -16.4% | -31.6% | +18.8% |
| 2020 | +12.0% | +8.6% | +0.9% |
| 2019 | +85.5% | +76.0% | -47.9% |
| 2018 | -49.3% | -44.3% | -25.4% |
| 2018 | -3.6% | -50.9% | -24.2% |
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 Poteau Main Street Matters Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Poteau Main Street Matters Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for an organization of this size.
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 Poteau Main Street Matters Inc's IRS 990 filings:
- Consistent trend of expenses exceeding revenue in multiple years (e.g., 2020, 2019, 2018, 2017, 2016).
- Significant decline in total assets from $67,654 in 2016 to $8,188 in 2021, indicating diminishing financial reserves.
Strengths
The following positive indicators were identified for Poteau Main Street Matters Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
- Relatively low liabilities, suggesting manageable debt.
Frequently Asked Questions about Poteau Main Street Matters Inc
Is Poteau Main Street Matters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Poteau Main Street Matters Inc (EIN: 20732814) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Poteau Main Street Matters Inc spend its money?
Poteau Main Street Matters Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Poteau Main Street Matters Inc tax-deductible?
Poteau Main Street Matters Inc is registered as a tax-exempt nonprofit (EIN: 20732814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Poteau Main Street Matters Inc's spending goes to programs?
Poteau Main Street Matters Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Poteau Main Street Matters Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Poteau Main Street Matters Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Poteau Main Street Matters Inc located?
Poteau Main Street Matters Inc is headquartered in Poteau, Oklahoma and files with the IRS under EIN 20732814. It is classified under NTEE code S20.
How many years of IRS 990 filings does Poteau Main Street Matters Inc have?
Poteau Main Street Matters 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 $38K in total revenue.
Is Poteau Main Street Matters Inc. financially sustainable?
The organization has frequently reported expenses exceeding revenue, such as in 2020 ($43,111 expenses vs. $37,573 revenue) and 2019 ($39,712 expenses vs. $33,537 revenue). This, coupled with a significant decline in assets from $67,654 in 2016 to $8,188 in 2021, raises concerns about long-term financial sustainability without increased revenue or reduced spending.
What caused the significant decline in assets?
The provided data shows a consistent trend of assets decreasing from $67,654 in 2016 to $8,188 in 2021. This decline is likely due to the organization's expenses frequently exceeding its revenues over several years, forcing it to draw down its reserves to cover operational costs.
How efficient is the organization's program spending?
Without detailed breakdowns of program, administrative, and fundraising expenses from the IRS 990 filings, it is difficult to precisely assess spending efficiency. However, the general financial trend suggests that overall operational costs are often close to or exceed revenue.
Filing History
IRS 990 filing history for Poteau Main Street Matters Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Poteau Main Street Matters Inc's revenue has declined by 28.4%, moving from $44K to $31K. Total assets decreased by 82.7% over the same period, from $47K to $8K. Total functional expenses fell by 28.5%, from $41K to $29K. In its most recent filing year (2021), Poteau Main Street Matters Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $5K in liabilities against $8K in assets (debt-to-asset ratio: 65.4%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $31K | $29K | $8K | $5K | — | — |
| 2020 | $38K | $43K | $7K | $6K | — | — |
| 2019 | $34K | $40K | $7K | $382 | — | View 990 |
| 2018 | $18K | $23K | $13K | $484 | — | View 990 |
| 2018 | $36K | $41K | $18K | $447 | — | — |
| 2017 | $37K | $83K | $23K | $1K | — | View 990 |
| 2016 | $38K | $46K | $68K | $159 | — | View 990 |
| 2014 | $44K | $27K | $58K | $132 | — | View 990 |
| 2013 | $30K | $33K | $41K | $1K | — | View 990 |
| 2012 | $36K | $40K | $43K | $679 | — | View 990 |
| 2011 | $44K | $41K | $47K | $679 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $31K, expenses of $29K, and assets of $8K (revenue -16.4% year-over-year).
- 2020: Revenue of $38K, expenses of $43K, and assets of $7K (revenue +12.0% year-over-year).
- 2019: Revenue of $34K, expenses of $40K, and assets of $7K (revenue +85.5% year-over-year).
- 2018: Revenue of $18K, expenses of $23K, and assets of $13K (revenue -49.3% year-over-year).
- 2018: Revenue of $36K, expenses of $41K, and assets of $18K (revenue -3.6% year-over-year).
- 2017: Revenue of $37K, expenses of $83K, and assets of $23K (revenue -2.9% year-over-year).
- 2016: Revenue of $38K, expenses of $46K, and assets of $68K (revenue -14.1% year-over-year).
- 2014: Revenue of $44K, expenses of $27K, and assets of $58K (revenue +46.9% year-over-year).
- 2013: Revenue of $30K, expenses of $33K, and assets of $41K (revenue -15.9% year-over-year).
- 2012: Revenue of $36K, expenses of $40K, and assets of $43K (revenue -18.2% year-over-year).
- 2011: Revenue of $44K, expenses of $41K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Poteau Main Street Matters Inc:
Data Sources and Methodology
This transparency report for Poteau Main Street Matters 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.