Civic Intelligence

Meridian Main Street Inc

EIN 26-1706462 • 501(c)6 • Meridian, MS

Profile

To improve core of meridian as a place to live and work.

P O Box 545Meridian, MS 39302
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

20th percentile

-24%

Higher net margin than 20% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-56%

Faster revenue growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $65,201 (-100%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Down

$0

Down $65,201 (-100%) from 2015

Revenue

Down

$96,110

Down $121,133 (-56%) from 2015

Expenses

Down

$118,765

Down $92,227 (-44%) from 2015

Net Income

Down

-$22,655

Down $28,906 (-462%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2012: $60,745Net Assets 2012: $60,7452012Assets 2013: $28,950Net Assets 2013: $28,9502013Assets 2015: $65,201Liabilities 2015: $0Net Assets 2015: $65,2012015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $147,471Expenses 2012: $175,548Net Income 2012: -$28,0772012Revenue 2013: $152,484Expenses 2013: $184,279Net Income 2013: -$31,7952013Revenue 2015: $217,243Expenses 2015: $210,992Net Income 2015: $6,2512015Revenue 2016: $96,110Expenses 2016: $118,765Net Income 2016: -$22,6552016

Highlighted filing

2016

Revenue$96,110
Expenses$118,765
Net Income-$22,655

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Nov 18, 2016
Return Version
2015v2.1
Gross Receipts
$96,110
Mission and Program Overview

Mission

To improve core of meridian as a place to live and work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,201--
Total Assets$65,201$0▼ $65,201
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$65,201--
Total Net Assets Fund Balance$65,201$0▼ $65,201
Total Liabilities and Net Assets / Fund Balance$65,201$0▼ $65,201
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron HarperPresident
Bubba HannahDirector
Buster ThomasDirector
Dustin HillDirector
Robb HudsonDirector
Virginia JohnsonDirector
Reggie MnzavaSecretary
Von BurtVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$49,300
Program Service Revenue
$46,810
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-22,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$75,318
Other Expenses$43,447
Total Fundraising Expense$3,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$59,077$4,792$3,430$67,299
Advertising$31,297--$31,297
Payroll Taxes$7,197$479$343$8,019
Occupancy$4,198$467-$4,665
Fees for Services Accounting-$2,800-$2,800
Office Expenses$1,142$127-$1,269
Insurance-$740-$740
Conferences and Meetings-$273-$273
Travel$210--$210
Other Expenses$2,000$37-$37
Total Functional Expenses$105,121$9,871$3,773$118,765
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

990 approved by board prior to filing

Form 990, Page 6, Part VI, Line 15A

Board sets salary for all employees

Form 990, Page 6, Part VI, Line 19

Governing documents available to public upon request.

Filing and Contact Details

Filer

Filer Name
Meridian Main Street Inc
EIN
26-1706462
Phone
6016937480
Address
P O BOX 545, MERIDIAN, MS 39302

Signing Officer

Name
Ron Harper
Title
President
Phone
6015274101
Signed
2016-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Harper
Formed
2007
Legal Domicile
Ms
Voting Board Members
11
Independent Board Members
11
Employees
5

Preparer

Firm
Dianne Singley CPA Pa
Address
1702 24TH AVE, MERIDIAN, MS 39301-3113
Preparer
Dianne Singley
Phone
6016939966
Supplemental Narrative

Additional Explanations

Form 990, Part XI

Meridian main street, inc. Was closed at year end. It's program services will be assumed by the east mississippi business development corporation in meridian. The assets of the non-profit were only the bank account with a balance of 42,546.73. This was transferred to the embdc which is a 501 (c)6 organization.

Form 990, Part XI, Line 9

Assets donated to embdc -42,546 total -42,546

Raw XML Appendix305 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/BooksInCareOfDetail/PhoneNum06016939966
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IRS990/Form990PartVIISectionAGrp/PersonNm7REGGIE MNZAVA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt049300
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt096110
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0740
IRS990/InsuranceGrp/TotalAmt0740
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt065201
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0467
IRS990/OccupancyGrp/ProgramServicesAmt04198
IRS990/OccupancyGrp/TotalAmt04665
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0127
IRS990/OfficeExpensesGrp/ProgramServicesAmt01142
IRS990/OfficeExpensesGrp/TotalAmt01269
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-42546
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0156
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt137
IRS990/OtherExpensesGrp/ProgramServicesAmt02000
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt059077
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IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0343
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0479
IRS990/PayrollTaxesGrp/ProgramServicesAmt07197
IRS990/PayrollTaxesGrp/TotalAmt08019
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RON HARPER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTIONAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt046810
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0138920
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02016-08-23
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0640811158
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0RON HARPER, PRESIDENT OF MERIDIAN MAIN STREET IS ON BOARD OF EAST MS BUSINESS DEVELOPMENT CORP.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 APPROVED BY BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD SETS SALARY FOR ALL EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MERIDIAN MAIN STREET, INC. WAS CLOSED AT YEAR END. IT'S PROGRAM SERVICES WILL BE ASSUMED BY THE EAST MISSISSIPPI BUSINESS DEVELOPMENT CORPORATION IN MERIDIAN. THE ASSETS OF THE NON-PROFIT WERE ONLY THE BANK ACCOUNT WITH A BALANCE OF 42,546.73. THIS WAS TRANSFERRED TO THE EMBDC WHICH IS A 501 (C)6 ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ASSETS DONATED TO EMBDC -42,546 TOTAL -42,546
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06015274101
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERIDIAN MAIN STREET INC
ReturnHeader/Filer/BusinessNameControlTxt0MERI
ReturnHeader/Filer/EIN0261706462
ReturnHeader/Filer/PhoneNum06016937480
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ReturnHeader/Filer/USAddress/CityNm0MERIDIAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640901302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIANNE SINGLEY CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01702 24TH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MERIDIAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0393013113
ReturnHeader/PreparerPersonGrp/PhoneNum06016939966
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANNE SINGLEY
ReturnHeader/ReturnTs02016-12-19T11:01:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

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