Fayette Main Street INC

Tax-deductible

Fayette, MO501(c)(3)Community DevelopmentEIN 04-3663360Revenue $112K in FY2024

On file with the IRSfayettemainstreet.orgPo Box 66, 65248-0066 · Fayette, MOTax-exempt since Feb 2001Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Fayette Main Street, INC. Is a not-for-profit, 501(c)(3) organization with the Main purpose of developing and implementing a comprehensive historic preservation-based, economic development strategy for revitalizing downtown Fayette using the Main Street four-point approach as formulated by the national trust of historic preservation.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $47K a year · 104% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 22.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $688
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$112K
-1% vs prior year
Spent
$107K
To programs
100%
Net assets
$236K
By yearFY2020–FY2024
Revenue
$112K
FY2024▼ -1%
Tap a bar for its year
Revenue by fiscal year
FY2020−$119K
FY2021$38K
FY2022$82K
FY2023$114K
FY2024$112K
Expenses
$107K
FY2024▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$61K
FY2021$58K
FY2022$118K
FY2023$120K
FY2024$107K
Net assets
$236K
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$293K
FY2021$273K
FY2022$237K
FY2023$231K
FY2024$236K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $107K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vitality Tea
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Cana Conrow’s $30K as Executive Di is at the 15th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Fayette Main Street INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Revitalizes downtown historic areas through preservation and economic development strategies.

Questions for Fayette Main Street INC

Tap to ask. Fayette Main Street INC sees how many people are interested.

Your first name shows with your question. Fayette Main Street INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $107K · in their own filed words · FY2024
01

The fayette main street, inc mission is to strategically revitalize and preserve the historic fayette downtown community, creating a thriving and sustainable downtown through the efforts and vision of the four point approach, aligning with economic vitality, design, promotion and organization efforts.

$107Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$688

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$112K
Ln 12
Gifts and grantsLn 1h$90K
Fees for servicesLn 2g$17K
Investment incomeLn 3$6K
Money outPt IX
$107K
Ln 25
Programscol B$107K
Owns and owesPt X
$236K
net assets · Ln 32
Cash and savingsLn 1–2$195K
Total assetsLn 16$237K
LiabilitiesLn 26$1K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$90K
Government grantsLn 1e$73K
Fees for servicesLn 2g$17K
Investment incomeLn 3$6K
Total revenueLn 12$112K
Assets in detailPt X, end of year
CashLn 1$60K
SavingsLn 2$135K
Cash and savings togetherLn 1–2$195K
Land, buildings, equipmentLn 10c$42K
Other assetsLn 15$225
Total assetsLn 16$237K
LiabilitiesLn 26$1K
Net assetsLn 32$236K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$188K$195K
Land, buildings, equipmentLn 10c$44K$42K
Total assetsLn 16$232K$237K
LiabilitiesLn 26$1K$1K
Net assetsLn 32$231K$236K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$28K$28K
Payroll taxesLn 10$3K$3K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$10K$10K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$46K$46K
Information technologyLn 14$2K$2K
OccupancyLn 16$5K$5K
TravelLn 17$873$873
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$107K$107K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $112K$107K$6K$236K 990 PDF
FY2023 $114K$120K−$7K$231K 990 PDF
FY2022 $82K$118K−$35K$237K 990 PDF
FY2021 $38K$58K−$20K$273K 990 PDF
FY2020 −$119K$61K−$180K$293K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $112,285 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $97,935$89,679
I-9 Program service revenuePrior year $10,590$17,069
I-10 Investment incomePrior year $5,026$5,537
I-11 Other revenue$0
I-12 Total revenuePrior year $113,551$112,285
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $36,629$30,328
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $83,637$76,180
I-18 Total expensesPrior year $120,266$106,508
I-19 Revenue less expensesPrior year −$6,715$5,777
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $112,285 across 6 lines filed
VIII-1e Government grants$73,308
VIII-1f All other contributions, gifts and grants$16,371
VIII-1h Total contributions, gifts and grants$89,679
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,069$17,069
VIII-3 Investment incomeExcluded from tax $5,537$5,537
VIII-12 Total revenueRelated to mission $17,069 · Excluded from tax $5,537$112,285
Part IX · Statement of functional expenses $106,508 across 12 lines filed
IX-7 Other salaries and wagesPrograms $27,814$27,814
IX-10 Payroll taxesPrograms $2,514$2,514
IX-11c Accounting feesPrograms $5,016$5,016
IX-11g Other fees for servicesPrograms $9,559$9,559
IX-12 Advertising and promotionPrograms $1,836$1,836
IX-13 Office expensesPrograms $45,910$45,910
IX-14 Information technologyPrograms $1,810$1,810
IX-16 OccupancyPrograms $4,910$4,910
IX-17 TravelPrograms $873$873
IX-22 Depreciation, depletion and amortizationPrograms $1,830$1,830
IX-23 InsurancePrograms $2,166$2,166
IX-24 Other expenses (24a–d)Programs $2,270$2,270
IX-25 Total functional expensesPrograms $106,508 · Management $0 · Fundraising $0$106,508
Part X · Balance sheet $237,407 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $5,762$60,259
X-2 Savings and temporary cash investmentsStart of year $181,913$134,844
X-10c Land, buildings and equipment, netStart of year $43,909$42,079
X-15 Other assetsStart of year $225$225
X-16 Total assetsStart of year $231,809$237,407
X-25 Other liabilitiesStart of year $1,224$1,045
X-26 Total liabilitiesStart of year $1,224$1,045
X-27 Net assets without donor restrictionsStart of year $230,585$236,362
X-32 Total net assets or fund balancesStart of year $230,585$236,362
X-33 Total liabilities and net assetsStart of year $231,809$237,407
Part XI · Reconciliation of net assets $236,362 net assets at year end
XI-1 Total revenue$112,285
XI-2 Total expenses$106,508
XI-3 Revenue less expenses$5,777
XI-4 Net assets at start of year$230,585
XI-10 Net assets at end of year$236,362

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.