Civic Intelligence

Main Street Pascagoula

EIN 46-5008021 • 501(c)3 • Pascagoula, MS

Profile

Main street pascagoula is an economic development tool that enhances the tax base of a community, fosters entrepreneurship, builds community capacity, and creates partnerships among key groups in a community.

PO Box 1203Pascagoula, MS 39568

www.mainstreetpascagoula.com

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

226%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

88th percentile

68%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$514,625

Up $87,695 (+21%) from 2024

Liabilities

Down

$1,838

Down $2,730 (-60%) from 2024

Net Assets

Up

$512,787

Up $90,425 (+21%) from 2024

Revenue

Down

$305,406

Down $121,521 (-28%) from 2024

Expenses

Down

$214,981

Down $2,983 (-1.4%) from 2024

Net Income

Down

$90,425

Down $118,538 (-57%) from 2024

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $2,938Liabilities 2014: $02014Assets 2016: $48,401Liabilities 2016: $956Net Assets 2016: $47,4452016Assets 2017: $54,791Liabilities 2017: $1,455Net Assets 2017: $53,3362017Assets 2018: $77,474Liabilities 2018: $1,513Net Assets 2018: $75,9612018Assets 2019: $65,239Liabilities 2019: $1,512Net Assets 2019: $63,7272019Assets 2020: $87,977Liabilities 2020: $11,262Net Assets 2020: $76,7152020Assets 2021: $98,785Liabilities 2021: $1,513Net Assets 2021: $97,2722021Assets 2022: $66,803Liabilities 2022: $1,791Net Assets 2022: $65,0122022Assets 2023: $218,093Liabilities 2023: $4,694Net Assets 2023: $213,3992023Assets 2024: $426,930Liabilities 2024: $4,568Net Assets 2024: $422,3622024Assets 2025: $514,625Liabilities 2025: $1,838Net Assets 2025: $512,7872025

Highlighted filing

2025

Assets$514,625
Liabilities$1,838
Net Assets$512,787

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $3,141Expenses 2014: $203Net Income 2014: $2,9382014Revenue 2016: $94,760Expenses 2016: $68,805Net Income 2016: $25,9552016Revenue 2017: $84,546Expenses 2017: $78,655Net Income 2017: $5,8912017Revenue 2018: $168,671Expenses 2018: $146,047Net Income 2018: $22,6242018Revenue 2019: $179,402Expenses 2019: $191,636Net Income 2019: -$12,2342019Revenue 2020: $206,849Expenses 2020: $193,861Net Income 2020: $12,9882020Revenue 2021: $256,902Expenses 2021: $236,345Net Income 2021: $20,5572021Revenue 2022: $216,162Expenses 2022: $248,422Net Income 2022: -$32,2602022Revenue 2023: $362,585Expenses 2023: $214,198Net Income 2023: $148,3872023Revenue 2024: $426,927Expenses 2024: $217,964Net Income 2024: $208,9632024Revenue 2025: $305,406Expenses 2025: $214,981Net Income 2025: $90,4252025

Highlighted filing

2025

Revenue$305,406
Expenses$214,981
Net Income$90,425

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Mar 16, 2026
Return Version
2024v5.0
Gross Receipts
$305,406
Mission and Program Overview

Mission

Main street pascagoula is an economic development tool that enhances the tax base of a community, fosters entrepreneurship, builds community capacity, and creates partnerships among key groups in a community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$418,424$506,338▲ $87,914
Land, Buildings, and Equipment, Net$8,206$7,987▼ $219
Total Assets$426,930$514,625▲ $87,695
Other Assets Total$300$300→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,568$1,838▼ $2,730
Total Liabilities$4,568$1,838▼ $2,730
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$260,962$281,387▲ $20,425
Net Assets With Donor Restrictions$161,400$231,400▲ $70,000
Total Net Assets Fund Balance$422,362$512,787▲ $90,425
Total Liabilities and Net Assets / Fund Balance$426,930$514,625▲ $87,695

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$7,987$547$8,534
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susannah NorthropExecutive DiFT$65,625$65,625

Board Members and Trustees

NameTitle
Katrina ScottPresident /
Amy BrandensteinDirector
Ashley KnechtDirector
Justin LarsenDirector
Katie HinkleDirector
Laurie-ellen SmithDirector
Lynne TurnerDirector
Ramsay TaylorDirector
Shannon StrunkDirector
Steven BradyDirector
Adam AskewVP/treas/Director
Katie HinkelSecretary /
Revenue and Support

Revenue Composition

Contributions and Grants
$294,229
Program Service Revenue
$11,177
Investment Income
$0
Other Revenue
$0
All Other Contributions
$152,588
Change in Net Assets
$90,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,936
Salaries, Compensation, and Employee Benefits$70,645
Grants and Similar Amounts Paid$400
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$65,625--$65,625
Fees for Services Other$41,934--$41,934
Office Expenses$10,930--$10,930
Advertising$10,802--$10,802
Payroll Taxes$5,020--$5,020
Fees for Services Accounting$4,064--$4,064
Insurance$3,151--$3,151
Payments to Affiliates$3,050--$3,050
All Other Expenses$1,822--$1,822
Other Expenses$1,432--$1,432
Conferences and Meetings$1,046--$1,046
Travel$710--$710
Grants to Domestic Orgs$400--$400
Depreciation Depletion$219--$219
Total Functional Expenses$214,981$0$0$214,981
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Main Street Pascagoula
EIN
46-5008021
Phone
2282191114
Address
PO BOX 1203, PASCAGOULA, MS 39568

Signing Officer

Name
Adam Askew
Title
VP/treas/director
Phone
2282191114
Signed
2026-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Askew
Formed
2014
Voting Board Members
13
Independent Board Members
13
Employees
1

Preparer

Firm
Rankin & Associates Pllc
Address
3103 PASCAGOULA ST, PASCAGOULA, MS 39567-4214
Preparer
C Scott Rankin CPA
Phone
2287626343
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

A. Promotions: pmsa shall promote and sponsor discussion groups and shall educate and inform citizens and members on topics of common interest and concern to the district. Pmsa shall maintain information regarding revitalization in the district. Pmsa will sponsor cultural, employment and commercial revitalization of the district. Pmsa will provide a forum for members to share knowledge, common experiences and problems. Pmsa shall publish community information regarding its activities and other data relevant to the revitalization of the district. Such publications may include the following: 1) planning studies, such as the resource team report 2) an organization brochure 3) tourist and visitor information brochures, maps, and guides 4) special event flyers, pamphlets, posters, or brochures 5) the pmsa quarterly newsletter b. Organization: pmsa will organize and promote constructive relationships between local government bodies and private business and citizens. Pmsa will coordinate as appropriate with the city of pascagoula zoning and other regulatory activity affecting the district. Pmsa will support other charitable and educational organizations whose primary interest is to preserve and develop the beauty and economic stability of pascagoula, especially within the district. Pmsa will promote the concerns of the district at the city, county and special district level. C. Economic restructuring: pmsa will help to diversify the community by recruiting new stores to balance the retail mix; aiding potential business owners in finding retail space, and by aiding in the acquiring of adequate financing. D. Design: pmsa will assist in planning and coordinating the design of improvements in or adjacent to the district. Pmsa will aid in providing design services for buildings and signage. Pmsa will provide information on painting, construction, historic renovation, and preservation. Pmsa will promote and assist in city beautification projects. Pmsa will participate in the planning and development of public interest projects in the district and areas adjacent to the district. Pmsa will promote effective redevelopment efforts and assist in planning for the revitalization of the district. Pmsa shall, whenever possible, recommend appropriate uses and design standards for district development.

Form 990, Part IX, Line 11G

Contract services 41,934 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A. PROMOTIONS: PMSA SHALL PROMOTE AND SPONSOR DISCUSSION GROUPS AND SHALL EDUCATE AND INFORM CITIZENS AND MEMBERS ON TOPICS OF COMMON INTEREST AND CONCERN TO THE DISTRICT. PMSA SHALL MAINTAIN INFORMATION REGARDING REVITALIZATION IN THE DISTRICT. PMSA WILL SPONSOR CULTURAL, EMPLOYMENT AND COMMERCIAL REVITALIZATION OF THE DISTRICT. PMSA WILL PROVIDE A FORUM FOR MEMBERS TO SHARE KNOWLEDGE, COMMON EXPERIENCES AND PROBLEMS. PMSA SHALL PUBLISH COMMUNITY INFORMATION REGARDING ITS ACTIVITIES AND OTHER DATA RELEVANT TO THE REVITALIZATION OF THE DISTRICT. SUCH PUBLICATIONS MAY INCLUDE THE FOLLOWING: 1) PLANNING STUDIES, SUCH AS THE RESOURCE TEAM REPORT 2) AN ORGANIZATION BROCHURE 3) TOURIST AND VISITOR INFORMATION BROCHURES, MAPS, AND GUIDES 4) SPECIAL EVENT FLYERS, PAMPHLETS, POSTERS, OR BROCHURES 5) THE PMSA QUARTERLY NEWSLETTER B. ORGANIZATION: PMSA WILL ORGANIZE AND PROMOTE CONSTRUCTIVE RELATIONSHIPS BETWEEN LOCAL GOVERNMENT BODIES AND PRIVATE BUSINESS AND CITIZENS. PMSA WILL COORDINATE AS APPROPRIATE WITH THE CITY OF PASCAGOULA ZONING AND OTHER REGULATORY ACTIVITY AFFECTING THE DISTRICT. PMSA WILL SUPPORT OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS WHOSE PRIMARY INTEREST IS TO PRESERVE AND DEVELOP THE BEAUTY AND ECONOMIC STABILITY OF PASCAGOULA, ESPECIALLY WITHIN THE DISTRICT. PMSA WILL PROMOTE THE CONCERNS OF THE DISTRICT AT THE CITY, COUNTY AND SPECIAL DISTRICT LEVEL. C. ECONOMIC RESTRUCTURING: PMSA WILL HELP TO DIVERSIFY THE COMMUNITY BY RECRUITING NEW STORES TO BALANCE THE RETAIL MIX; AIDING POTENTIAL BUSINESS OWNERS IN FINDING RETAIL SPACE, AND BY AIDING IN THE ACQUIRING OF ADEQUATE FINANCING. D. DESIGN: PMSA WILL ASSIST IN PLANNING AND COORDINATING THE DESIGN OF IMPROVEMENTS IN OR ADJACENT TO THE DISTRICT. PMSA WILL AID IN PROVIDING DESIGN SERVICES FOR BUILDINGS AND SIGNAGE. PMSA WILL PROVIDE INFORMATION ON PAINTING, CONSTRUCTION, HISTORIC RENOVATION, AND PRESERVATION. PMSA WILL PROMOTE AND ASSIST IN CITY BEAUTIFICATION PROJECTS. PMSA WILL PARTICIPATE IN THE PLANNING AND DEVELOPMENT OF PUBLIC INTEREST PROJECTS IN THE DISTRICT AND AREAS ADJACENT TO THE DISTRICT. PMSA WILL PROMOTE EFFECTIVE REDEVELOPMENT EFFORTS AND ASSIST IN PLANNING FOR THE REVITALIZATION OF THE DISTRICT. PMSA SHALL, WHENEVER POSSIBLE, RECOMMEND APPROPRIATE USES AND DESIGN STANDARDS FOR DISTRICT DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT SERVICES 41,934 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM ASKEW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP/TREAS/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02282191114
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAIN STREET PASCAGOULA
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RANKIN & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03103 PASCAGOULA ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PASCAGOULA
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ReturnHeader/PreparerPersonGrp/PhoneNum02287626343
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C SCOTT RANKIN CPA
ReturnHeader/ReturnTs02026-03-18T17:03:34-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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