Civic Intelligence

Holly Springs Main Street Association Incorporated

EIN 26-4197113 • 501(c)3 • Holly Springs, MS

RevokedPub. 78 Eligible

Profile

The Holly Springs Main Street Chamber is a non-profit, volunteer-driven organization working to enhance the quality of life in Holly Springs and to make it a better place to live, work and do business.

Revocation date: May 15, 2012

148 East CollegeHolly Springs, MS 38635

hollyspringsms.org/CHAMBER

Siviq Scores

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

Liabilities / Assets

89th percentile

0.58x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

2.79x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

10th percentile

-86%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

35th percentile

-15%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-84%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$101,777

Down $18,215 (-15%) from 2023

Liabilities

Flat

$59,027

Flat from 2023

Net Assets

Down

$42,750

Down $18,225 (-30%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin10th percentile

Revenue

Down

$21,193

Down $113,780 (-84%) from 2023

Expenses

Down

$39,408

Down $2,765 (-6.6%) from 2023

Net Income

Down

-$18,215

Down $111,015 (-120%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

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

$150K$100K$50K$0-$50KAssets 2016: $42,327Liabilities 2016: $43,936Net Assets 2016: -$1,6092016Assets 2017: $35,598Liabilities 2017: $42,163Net Assets 2017: -$6,5652017Assets 2018: $34,148Liabilities 2018: $40,379Net Assets 2018: -$6,2312018Assets 2019: $31,064Liabilities 2019: $38,512Net Assets 2019: -$7,4482019Assets 2020: $33,336Liabilities 2020: $44,042Net Assets 2020: -$10,7062020Assets 2021: $35,736Liabilities 2021: $60,922Net Assets 2021: -$25,1862021Assets 2022: $27,202Liabilities 2022: $59,027Net Assets 2022: -$31,8262022Assets 2023: $119,992Liabilities 2023: $59,027Net Assets 2023: $60,9752023Assets 2024: $101,777Liabilities 2024: $59,027Net Assets 2024: $42,7502024

Highlighted filing

2024

Assets$101,777
Liabilities$59,027
Net Assets$42,750
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $51,785Expenses 2016: $54,761Net Income 2016: -$2,9762016Revenue 2017: $45,680Expenses 2017: $50,636Net Income 2017: -$4,9562017Revenue 2018: $48,707Expenses 2018: $48,373Net Income 2018: $3342018Revenue 2019: $60,342Expenses 2019: $61,559Net Income 2019: -$1,2172019Revenue 2020: $42,824Expenses 2020: $46,082Net Income 2020: -$3,2582020Revenue 2021: $30,452Expenses 2021: $44,932Net Income 2021: -$14,4802021Revenue 2022: $42,620Expenses 2022: $49,260Net Income 2022: -$6,6402022Revenue 2023: $134,973Expenses 2023: $42,173Net Income 2023: $92,8002023Revenue 2024: $21,193Expenses 2024: $39,408Net Income 2024: -$18,2152024

Highlighted filing

2024

Revenue$21,193
Expenses$39,408
Net Income-$18,215
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,777
Liabilities
$59,027
Net assets
$42,750
Revenue
$21,193
Expenses
$39,408
Net income
-$18,215
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.59$0.43$0.21$0.39$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.59$0.61$1.35$0.42$0.93
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.59$0.32$0.43$0.49$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.61$0.25$0.30$0.45$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.44$0.11$0.43$0.46$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.31$0.39$0.07$0.60$0.62$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.40$0.06$0.49$0.48$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.42$0.07$0.46$0.51$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.44$0.02$0.52$0.55$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 22, 2025
Return Version
2024v5.0
Gross Receipts
$21,880
Mission and Program Overview

Mission

The Holly Springs Main Street Chamber is a non-profit, volunteer-driven organization working to enhance the quality of life in Holly Springs and to make it a better place to live, work and do business.

Enhance the quality in holly sp

Program Services

DescriptionGrantsExpenses
RIBBON CUTTINGS TRUNK OR TREAT AND CHRISTMAS PARADE$0$687
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JERRY FITCH JRBoard President-$0--
BUDDY FARRISSecretary-$0--
MARTHA THOMASTreasurer-$0--
ANITA GRESHAMMember-$0--
DR DAVID L BECKLYMember-$0--
ALICE RAYMember-$0--
RICK HICKMANMember-$0--
JIM MOOREMember-$0--
HENRY HOODMember-$0--
DR WILLIAM SCOTTMember-$0--
SARAH LIDDYMember-$0--
CHARLES TERRYMember-$0--
Filing and Contact Details

Filer

Filer Name
Holly Springs Main Street Association Incorporated
EIN
26-4197113
In Care Of
% Martha C Thomas
Address
148 East College, Holly Springs, MS 38635

Signing Officer

Name
Martha Thomas
Title
Executive Director
Signed
2025-01-22
Supplemental Narrative

Additional Explanations

Doing Business As Names

“Holly springs main street chamber”

Part I, line 16

“| Other Expenses:, Amount:| Advertising $364; ARPA projects $5300; Depreciation $1540; Insurance $992; Interest on building loan $2173; general office expenses $6024, $16393|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Accounts Receivable, $0, $7125|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $59027, $59027|”

Raw XML Appendix214 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOLLY SPRINGS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JERRY FITCH JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BUDDY FARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARTHA THOMAS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DR DAVID L BECKLY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JIM MOORE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10SARAH LIDDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11CHARLES TERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07125
IRS990EZ/OtherExpensesTotalAmt016393
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ENHANCE THE QUALITY IN HOLLY SP
IRS990EZ/PrintingPublicationsPostageAmt068
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RIBBON CUTTINGS TRUNK OR TREAT AND CHRISTMAS PARADE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0687
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018364
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0687
IRS990EZ/SpecialEventsNetIncomeLossAmt0293
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt059027
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt039408
IRS990EZ/TotalProgramServiceExpensesAmt0687
IRS990EZ/TotalRevenueAmt021193
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0hollyspringsms.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020900
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOLLY SPRINGS MAIN STREET CHAMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Advertising $364; ARPA projects $5300; Depreciation $1540; Insurance $992; Interest on building loan $2173; general office expenses $6024, $16393|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Accounts Receivable, $0, $7125|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Other assets, $59027, $59027|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Doing Business As Names
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARTHA THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Holly Springs Main Street Association Incorporated
ReturnHeader/Filer/BusinessNameControlTxt0HOLL
ReturnHeader/Filer/EIN0264197113
ReturnHeader/Filer/ForeignPhoneNum06622522943
ReturnHeader/Filer/InCareOfNm0% Martha C Thomas
ReturnHeader/Filer/USAddress/AddressLine1Txt0148 East College
ReturnHeader/Filer/USAddress/CityNm0Holly Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038635
ReturnHeader/ReturnTs02025-01-22T08:30:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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