Civic Intelligence

Mainstream Development Corporation

EIN 58-2052926 • 501(c)3 • Muscle Shoals, AL

Profile

To provide small business technical assistance, marketing/advertising assistance and capital formation referral services to small minority business in service area.

PO Box 2058Muscle Shoals, AL 35662

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

13.70x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

2.58x

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

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

Net Margin

7th percentile

-182%

Higher net margin than 7% 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

12th percentile

-91%

Faster asset growth than 12% of similar nonprofits.

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

Revenue Growth

15th percentile

-59%

Faster revenue growth than 15% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$752

Down $7,285 (-91%) from 2023

Liabilities

Flat

$10,302

Flat from 2023

Net Assets

Down

-$9,550

Down $7,285 (-322%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin7th percentile

Revenue

Down

$4,000

Down $5,715 (-59%) from 2023

Expenses

Up

$11,285

Up $559 (+5.2%) from 2023

Net Income

Down

-$7,285

Down $6,274 (-621%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$30K$20K$10K$0-$10K-$20KAssets 2010: $14,985Net Assets 2010: $14,9852010Assets 2011: $9,387Net Assets 2011: $9,3872011Assets 2012: $16,845Net Assets 2012: $16,8452012Assets 2013: $27,959Net Assets 2013: $27,9592013Assets 2014: $22,378Net Assets 2014: $22,3782014Assets 2015: $7,320Net Assets 2015: $7,3202015Assets 2016: $9,522Net Assets 2016: $9,5222016Assets 2017: $10,650Liabilities 2017: $02017Assets 2018: $20,793Net Assets 2018: $20,7932018Assets 2019: $4,365Net Assets 2019: $4,3652019Assets 2020: $1,098Liabilities 2020: $11,800Net Assets 2020: -$10,7022020Assets 2021: $11,663Liabilities 2021: $11,800Net Assets 2021: -$1372021Assets 2022: $9,421Liabilities 2022: $10,675Net Assets 2022: -$1,2542022Assets 2023: $8,037Liabilities 2023: $10,302Net Assets 2023: -$2,2652023Assets 2024: $752Liabilities 2024: $10,302Net Assets 2024: -$9,5502024

Highlighted filing

2024

Assets$752
Liabilities$10,302
Net Assets-$9,550
Open 2024 Filing

Operations Trend

Revenue Growth15th percentile

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

$100K$50K$0-$50KRevenue 2010: $72,632Expenses 2010: $83,282Net Income 2010: -$10,6502010Revenue 2011: $38,907Expenses 2011: $44,505Net Income 2011: -$5,5982011Revenue 2012: $62,626Expenses 2012: $55,168Net Income 2012: $7,4582012Revenue 2013: $72,451Expenses 2013: $61,337Net Income 2013: $11,1142013Revenue 2014: $61,878Expenses 2014: $67,460Net Income 2014: -$5,5822014Revenue 2015: $46,700Expenses 2015: $61,758Net Income 2015: -$15,0582015Revenue 2016: $53,600Expenses 2016: $51,398Net Income 2016: $2,2022016Revenue 2017: $44,250Expenses 2017: $43,122Net Income 2017: $1,1282017Revenue 2018: $72,650Expenses 2018: $62,507Net Income 2018: $10,1432018Revenue 2019: $23,600Expenses 2019: $40,028Net Income 2019: -$16,4282019Revenue 2020: $15,005Expenses 2020: $30,072Net Income 2020: -$15,0672020Revenue 2021: $19,100Expenses 2021: $8,535Net Income 2021: $10,5652021Revenue 2022: $14,500Expenses 2022: $15,617Net Income 2022: -$1,1172022Revenue 2023: $9,715Expenses 2023: $10,726Net Income 2023: -$1,0112023Revenue 2024: $4,000Expenses 2024: $11,285Net Income 2024: -$7,2852024

Highlighted filing

2024

Revenue$4,000
Expenses$11,285
Net Income-$7,285
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$752
Liabilities
$10,302
Net assets
-$9,550
Revenue
$4,000
Expenses
$11,285
Net income
-$7,285
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.75$10.3$9.55$4.00$11.3$7.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.04$10.3$2.27$9.72$10.7$1.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.42$10.7$1.25$14.5$15.6$1.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$11.8$0.14$19.1$8.54$10.6
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$11.8$10.7$15.0$30.1$15.1
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$4.37$23.6$40.0$16.4
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$20.8$72.7$62.5$10.1
2017Summary only. Only limited summary data is available for this year.$10.7$0.00$44.3$43.1$1.13
2016Detailed filing. Detailed filing data is available for this year.$9.52$9.52$53.6$51.4$2.20
2015Detailed filing. Detailed filing data is available for this year.$7.32$7.32$46.7$61.8$15.1
2014Detailed filing. Detailed filing data is available for this year.$22.4$22.4$61.9$67.5$5.58
2013Detailed filing. Detailed filing data is available for this year.$28.0$28.0$72.5$61.3$11.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$16.8$62.6$55.2$7.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.39$9.39$38.9$44.5$5.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$15.0$72.6$83.3$10.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.0
Gross Receipts
$4,000
Mission and Program Overview

Mission

To provide small business technical assistance, marketing/advertising assistance and capital formation referral services to small minority business in service area.

Program Services

DescriptionGrantsExpenses
PROJECTS WILL PROVIDE BUSINESS TECHNICAL ASSISTANCE DESIGNED TO GROW AND RETAIN SMALL AND MINORITY BUSINESSES IN THE NORTHWEST ALABAMA REGION. HELD QUARTERLY BUSINESS DEVELOPMENT WORKSHOPS FOR SMALL BUSINESS OWNERS TO HELP THEM COMPLETE SUCCESSION PLANS AND ASSIST WITH GENERATIONAL TRANSFER OF THEIR BUSINESSES IN ORDER TO RETAIN EXISTING JOBS.-$11,285
ADECA GRANT TO FUND SOLICIATION PROGRAM FOR NORTHWEST ALABAMA BUSINESS DIVERSITY DEVELOPMENT & SUSTAINABILITY PROJECTS.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FREDDIE HOGANPresident An-$0--
Filing and Contact Details

Filer

Filer Name
Mainstream Development Corporation
EIN
58-2052926
Phone
2563813826
Address
PO BOX 2058, MUSCLE SHOALS, AL 35662

Signing Officer

Name
Freddie Hogan
Title
President and Direct
Phone
2563832900
Signed
2025-05-01

Preparer

Firm
Patterson Prince and Associates Pc
Address
475 S SEMINARY STREET, FLORENCE, AL 35630
Preparer
Joshua H Russell CPA
Phone
2567668915
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 4,565 office supplies 311 interest expense 561 850 btap fees 1,572 program implementation 390 consultant 1,659 miscellaneous 130 total 10,038”

Form 990-ez, Part II, Line 24

“Computer &furnishings 10,352 10,351 less accumulated depreciation 10,352 10,351 total 0 0”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 10,302 10,302”

Form 990-ez, Part III

“To provide small business technical assistance, marketing/advertising assistance and capital formation referral services to small minority business in service area.”

Form 990-ez, Part III, Line 28

“Projects will provide business technical assistance designed to grow and retain small and minority businesses in the northwest alabama region. Held quarterly business development workshops for small business owners to help them complete succession plans and assist with generational transfer of their businesses in order to retain existing jobs.”

Form 990-ez, Part III, Line 31

“Adeca grant to fund soliciation program for northwest alabama business diversity development & sustainability projects.”

Raw XML Appendix123 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FREDDIE HOGAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02563984826
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2058
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MUSCLE SHOALS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035662
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08037
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0752
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7285
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0575
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08037
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0752
IRS990EZ/GrossReceiptsAmt04000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-2265
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-9550
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-2265
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-9550
IRS990EZ/OccupancyRentUtltsAndMaintAmt0490
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FREDDIE HOGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT AN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt010038
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SMALL BUSINESS TECHNICAL ASSISTANCE, MARKETING/ADVERTISING ASSISTANCE AND CAPITAL FORMATION REFERRAL SERVICES TO SMALL MINORITY BUSINESS IN SERVICE AREA.
IRS990EZ/PrintingPublicationsPostageAmt0182
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROJECTS WILL PROVIDE BUSINESS TECHNICAL ASSISTANCE DESIGNED TO GROW AND RETAIN SMALL AND MINORITY BUSINESSES IN THE NORTHWEST ALABAMA REGION. HELD QUARTERLY BUSINESS DEVELOPMENT WORKSHOPS FOR SMALL BUSINESS OWNERS TO HELP THEM COMPLETE SUCCESSION PLANS AND ASSIST WITH GENERATIONAL TRANSFER OF THEIR BUSINESSES IN ORDER TO RETAIN EXISTING JOBS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ADECA GRANT TO FUND SOLICIATION PROGRAM FOR NORTHWEST ALABAMA BUSINESS DIVERSITY DEVELOPMENT & SUSTAINABILITY PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011285
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010302
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010302
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011285
IRS990EZ/TotalProgramServiceExpensesAmt011285
IRS990EZ/TotalRevenueAmt04000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt014500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt019100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt062320
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt062320
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt014500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt019100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015005
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt062320
IRS990ScheduleA/TotalSupportAmt062320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 4,565 OFFICE SUPPLIES 311 INTEREST EXPENSE 561 850 BTAP FEES 1,572 PROGRAM IMPLEMENTATION 390 CONSULTANT 1,659 MISCELLANEOUS 130 TOTAL 10,038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPUTER &FURNISHINGS 10,352 10,351 LESS ACCUMULATED DEPRECIATION 10,352 10,351 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 10,302 10,302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE SMALL BUSINESS TECHNICAL ASSISTANCE, MARKETING/ADVERTISING ASSISTANCE AND CAPITAL FORMATION REFERRAL SERVICES TO SMALL MINORITY BUSINESS IN SERVICE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROJECTS WILL PROVIDE BUSINESS TECHNICAL ASSISTANCE DESIGNED TO GROW AND RETAIN SMALL AND MINORITY BUSINESSES IN THE NORTHWEST ALABAMA REGION. HELD QUARTERLY BUSINESS DEVELOPMENT WORKSHOPS FOR SMALL BUSINESS OWNERS TO HELP THEM COMPLETE SUCCESSION PLANS AND ASSIST WITH GENERATIONAL TRANSFER OF THEIR BUSINESSES IN ORDER TO RETAIN EXISTING JOBS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADECA GRANT TO FUND SOLICIATION PROGRAM FOR NORTHWEST ALABAMA BUSINESS DIVERSITY DEVELOPMENT & SUSTAINABILITY PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0FREDDIE HOGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND DIRECT
ReturnHeader/BusinessOfficerGrp/PhoneNum02563832900
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAINSTREAM DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MAIN
ReturnHeader/Filer/EIN0582052926
ReturnHeader/Filer/PhoneNum02563813826
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2058
ReturnHeader/Filer/USAddress/CityNm0MUSCLE SHOALS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035662
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631134175
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTERSON PRINCE AND ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 S SEMINARY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLORENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035630
ReturnHeader/PreparerPersonGrp/PhoneNum02567668915
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSHUA H RUSSELL CPA
ReturnHeader/ReturnTs02025-05-08T15:36:39-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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