Russell Main Street Inc
EIN: 481103827 · Russell, KS
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $57K |
| Net Assets | $167K |
Is Russell 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 Russell Main Street Inc
Russell Main Street Inc (EIN: 481103827) is a nonprofit organization based in Russell, KS. The organization reported total revenue of $68K and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Russell Main Street Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Russell Main Street Inc is a micro nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $57K |
| Surplus / Deficit | $-12,835 |
| Total Assets | $169K |
| Total Liabilities | $1K |
| Net Assets | $167K |
| Operating Margin | -29.3% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 35.7 months |
Financial Health Grade: B
In 2024, Russell Main Street Inc reported a deficit of $13K with expenses exceeding revenue, holds 35.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Russell Main Street Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.5% | +11.9% | -7.3% |
| 2023 | +0.4% | -14.7% | -4.1% |
| 2022 | -35.9% | -10.5% | -8.6% |
| 2021 | -12.0% | +65.3% | -0.3% |
| 2020 | +89.7% | -10.5% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Russell 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 Russell 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Russell Main Street Inc
Is Russell Main Street Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Russell Main Street Inc (EIN: 481103827) insufficient data. 0 red flags identified, 0 strengths noted.
How does Russell Main Street Inc spend its money?
Detailed spending breakdown data is not yet available for Russell Main Street Inc. Check back for updated IRS 990 analysis.
Are donations to Russell Main Street Inc tax-deductible?
Russell Main Street Inc is registered as a tax-exempt nonprofit (EIN: 481103827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Russell Main Street Inc located?
Russell Main Street Inc is headquartered in Russell, Kansas and files with the IRS under EIN 481103827.
How many years of IRS 990 filings does Russell Main Street Inc have?
Russell Main Street Inc has 14 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 $68K in total revenue.
Filing History
IRS 990 filing history for Russell Main Street Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Russell Main Street Inc's revenue has declined by 19.2%, moving from $54K to $44K. Total assets increased by 15.3% over the same period, from $146K to $169K. Total functional expenses rose by 68.6%, from $34K to $57K. In its most recent filing year (2024), Russell Main Street Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1K in liabilities against $169K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $167K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $44K | $57K | $169K | $1K | — | — |
| 2023 | $42K | $51K | $182K | $2K | — | — |
| 2022 | $42K | $59K | $190K | $1K | — | — |
| 2021 | $66K | $66K | $208K | $2K | — | — |
| 2020 | $75K | $40K | $208K | $2K | — | View 990 |
| 2019 | $39K | $45K | $174K | $2K | — | View 990 |
| 2018 | $42K | $45K | $180K | $2K | — | — |
| 2017 | $49K | $47K | $182K | $2K | — | View 990 |
| 2016 | $51K | $53K | $179K | $2K | — | View 990 |
| 2015 | $59K | $46K | $180K | $1K | — | View 990 |
| 2014 | $55K | $42K | $167K | $2K | — | View 990 |
| 2013 | $18K | $23K | $154K | $2K | — | View 990 |
| 2012 | $51K | $38K | $159K | $1K | — | View 990 |
| 2011 | $54K | $34K | $146K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $44K, expenses of $57K, and assets of $169K (revenue +3.5% year-over-year).
- 2023: Revenue of $42K, expenses of $51K, and assets of $182K (revenue +0.4% year-over-year).
- 2022: Revenue of $42K, expenses of $59K, and assets of $190K (revenue -35.9% year-over-year).
- 2021: Revenue of $66K, expenses of $66K, and assets of $208K (revenue -12.0% year-over-year).
- 2020: Revenue of $75K, expenses of $40K, and assets of $208K (revenue +89.7% year-over-year).
- 2019: Revenue of $39K, expenses of $45K, and assets of $174K (revenue -7.2% year-over-year).
- 2018: Revenue of $42K, expenses of $45K, and assets of $180K (revenue -14.1% year-over-year).
- 2017: Revenue of $49K, expenses of $47K, and assets of $182K (revenue -3.1% year-over-year).
- 2016: Revenue of $51K, expenses of $53K, and assets of $179K (revenue -13.6% year-over-year).
- 2015: Revenue of $59K, expenses of $46K, and assets of $180K (revenue +6.4% year-over-year).
- 2014: Revenue of $55K, expenses of $42K, and assets of $167K (revenue +210.6% year-over-year).
- 2013: Revenue of $18K, expenses of $23K, and assets of $154K (revenue -65.1% year-over-year).
- 2012: Revenue of $51K, expenses of $38K, and assets of $159K (revenue -5.4% year-over-year).
- 2011: Revenue of $54K, expenses of $34K, and assets of $146K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Russell Main Street Inc:
Data Sources and Methodology
This transparency report for Russell 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.