Civic Intelligence

Main Street Gray Inc

EIN 33-1056792 • 501(c)3 • Gray, GA

Profile

Our mission is a commitment to the revitalization of downtown gray by promoting out buiness, enticing visitors, and encouraging locals to shop, visit, and socialize, while maintaining our "small hometown" atmosphere.

PO Box 443Gray, GA 31032-0626

www.gsbht.com

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

38th percentile

-3.9%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

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 2021

Asset Growth

24th percentile

-37%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

298%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$6,781

Down $3,970 (-37%) from 2020

Liabilities

Down

$890

Down $1 (-0.1%) from 2020

Net Assets

Down

$5,891

Down $3,969 (-40%) from 2020

Revenue

Up

$101,373

Up $75,912 (+298%) from 2020

Expenses

Up

$105,343

Up $78,434 (+291%) from 2020

Net Income

Down

-$3,970

Down $2,522 (-174%) from 2020

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2015: $23,441Net Assets 2015: $23,4412015Assets 2017: $23,700Liabilities 2017: $872Net Assets 2017: $22,8282017Assets 2018: $20,911Liabilities 2018: $891Net Assets 2018: $20,0202018Assets 2019: $12,198Liabilities 2019: $890Net Assets 2019: $11,3082019Assets 2020: $10,751Liabilities 2020: $891Net Assets 2020: $9,8602020Assets 2021: $6,781Liabilities 2021: $890Net Assets 2021: $5,8912021

Highlighted filing

2021

Assets$6,781
Liabilities$890
Net Assets$5,891

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $46,505Expenses 2015: $44,336Net Income 2015: $2,1692015Revenue 2017: $61,834Expenses 2017: $63,080Net Income 2017: -$1,2462017Revenue 2018: $34,010Expenses 2018: $30,944Net Income 2018: $3,0662018Revenue 2019: $22,185Expenses 2019: $30,898Net Income 2019: -$8,7132019Revenue 2020: $25,461Expenses 2020: $26,909Net Income 2020: -$1,4482020Revenue 2021: $101,373Expenses 2021: $105,343Net Income 2021: -$3,9702021

Highlighted filing

2021

Revenue$101,373
Expenses$105,343
Net Income-$3,970

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 15, 2023
Return Version
2021v4.0
Gross Receipts
$109,634
Mission and Program Overview

Mission

Our mission is a commitment to the revitalization of downtown gray by promoting our business, enticing visitors, and encouraging locals to shop, visit and socialize, while maintaining our "small hometown" atmosphere.

Our mission is a commitment to the revitalization of downtown gray by promoting out buiness, enticing visitors, and encouraging locals to shop, visit, and socialize, while maintaining our "small hometown" atmosphere.

Program Services

DescriptionGrantsExpenses
THE ANNUAL DAY LILLY FESTIVAL, MONTHLY DOWNTOWN ENTERTAINMENT EVENTS AND OTHER MINOR EVENTS HELD IN GRAY, GA ARE OUR SOURCES OF FUNDRAISING.-$82,057
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HALEY WATSONDirector-$0--
CASEY GALLAGHERChair-$0--
BARBARA TIBBETSTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Main Street Gray Inc
EIN
33-1056792
Phone
4789865199
Address
PO BOX 443, GRAY, GA 31032-0626

Signing Officer

Name
Haley Watson
Title
Director
Phone
4789865199
Signed
2023-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Hopkins & Associates LLC
Address
PO BOX 885, FORSYTH, GA 31029-0885
Preparer
Ellen F Wood CPA
Phone
4789949434
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 3,783 travel 867 meetings & conferences 1,784 insurance 865 merchant fees 483 dues & subscriptions 470 facade grant expense 57,500 quickbooks payments fees 89 downtown revitilization 17,000 total 82,841

Form 990-ez, Part I, Line 20

PRIOR PERIOD ADJ 0

Form 990-ez, Part II, Line 24

Accounts receivable 7,395 1,245 213 213 less accumulated depreciation 213 213 total 7,395 1,245

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 890 890

Form 990-ez, Part III

Our mission is a commitment to the revitalization of downtown gray by promoting out buiness, enticing visitors, and encouraging locals to shop, visit, and socialize, while maintaining our "small hometown" atmosphere.

Raw XML Appendix138 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 3,783 TRAVEL 867 MEETINGS & CONFERENCES 1,784 INSURANCE 865 MERCHANT FEES 483 DUES & SUBSCRIPTIONS 470 FACADE GRANT EXPENSE 57,500 QUICKBOOKS PAYMENTS FEES 89 DOWNTOWN REVITILIZATION 17,000 TOTAL 82,841
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 890 890
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR MISSION IS A COMMITMENT TO THE REVITALIZATION OF DOWNTOWN GRAY BY PROMOTING OUT BUINESS, ENTICING VISITORS, AND ENCOURAGING LOCALS TO SHOP, VISIT, AND SOCIALIZE, WHILE MAINTAINING OUR "SMALL HOMETOWN" ATMOSPHERE.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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