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Community Improvement (S20) 990 on File

MAIN STREET HOMER

EIN: 46-5171565 · HOMER, LA 71040-3940 · United States · FY 2024 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 50/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$68K
Total Revenue
$59K
Total Expenses
$256K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.9%
Fundraising Efficiency 30.0%
Operating Reserve 52.17x
Liability-to-Asset 30.5%
Revenue Diversification 87.7%
Compared with Peers
FY 2024
Compared with 4,006 similar organizations (United States, Community Improvement, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
80.9% 81.7%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
30.0% 40.5%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
52.2 mo 23.9 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
30.5% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
87.7% 98.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
-44.8% -1.9%
P10P90
Expense growth
Year over year expense growth
-25.3% -1.6%
P10P90
Surplus margin
Surplus as a share of revenue
14.0% 11.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $68K $59K $256K 80.9%
2023 $124K $79K $246K 72.0%
2022 $254K $66K N/A 1
2021 $65K $56K N/A 1
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Organization Details
EIN
46-5171565
State
LA
City
HOMER
ZIP
71040-3940
Classification
S20
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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