Civic Intelligence

St Cloud Main Street Inc

EIN 59-3614025 • 501(c)3 • St Cloud, FL

Profile

Support and encourage the restoration of the downtown st cloud historic charactor and viability of downtown st cloud

903 Pennsylvania AveSt Cloud, FL 34769

n/A

Siviq Scores

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

Liabilities / Assets

87th percentile

0.39x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

22nd percentile

-22%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

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 2025

Asset Growth

29th percentile

-25%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

41st percentile

-11%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$180,628

Up $5,949 (+3.4%) from 2023

Liabilities

Up

$46,176

Up $2,491 (+5.7%) from 2023

Net Assets

Up

$134,452

Up $3,458 (+2.6%) from 2023

Revenue

Down

$264,189

Down $25,963 (-8.9%) from 2023

Expenses

Down

$260,731

Down $54,398 (-17%) from 2023

Net Income

Up

$3,458

Up $28,435 (+114%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $115,144Liabilities 2012: $54,134Net Assets 2012: $61,0102012Assets 2013: $108,258Liabilities 2013: $58,103Net Assets 2013: $50,1552013Assets 2014: $85,056Liabilities 2014: $53,105Net Assets 2014: $31,9512014Assets 2015: $84,556Liabilities 2015: $55,208Net Assets 2015: $29,3482015Assets 2020: $180,894Liabilities 2020: $48,970Net Assets 2020: $131,9242020Assets 2021: $195,337Liabilities 2021: $44,995Net Assets 2021: $150,3422021Assets 2022: $189,282Liabilities 2022: $33,311Net Assets 2022: $155,9712022Assets 2023: $174,679Liabilities 2023: $43,685Net Assets 2023: $130,9942023Assets 2024: $180,628Liabilities 2024: $46,176Net Assets 2024: $134,4522024

Highlighted filing

2024

Assets$180,628
Liabilities$46,176
Net Assets$134,452

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $123,080Expenses 2012: $116,137Net Income 2012: $6,9432012Revenue 2013: $155,513Expenses 2013: $164,579Net Income 2013: -$9,0662013Revenue 2014: $141,058Expenses 2014: $159,262Net Income 2014: -$18,2042014Revenue 2015: $151,999Expenses 2015: $154,929Net Income 2015: -$2,9302015Revenue 2020: $226,463Expenses 2020: $187,723Net Income 2020: $38,7402020Revenue 2021: $158,575Expenses 2021: $157,319Net Income 2021: $1,2562021Revenue 2022: $207,555Expenses 2022: $201,926Net Income 2022: $5,6292022Revenue 2023: $290,152Expenses 2023: $315,129Net Income 2023: -$24,9772023Revenue 2024: $264,189Expenses 2024: $260,731Net Income 2024: $3,4582024

Highlighted filing

2024

Revenue$264,189
Expenses$260,731
Net Income$3,458

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Sep 25, 2025
Return Version
2023v6.0
Gross Receipts
$264,189
Mission and Program Overview

Mission

Support and encourage the restoration of the downtown st. Cloud historic character and viability of downtown st. Cloud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$107,742$101,093▼ $6,649
Land, Buildings, and Equipment, Net$63,537$61,980▼ $1,557
Accounts Receivable$3,400$17,555▲ $14,155
Total Assets$174,679$180,628▲ $5,949
Liabilities
Deferred Revenue$22,950$30,050▲ $7,100
Unsecured Notes Loans Payable$17,801$12,893▼ $4,908
Accounts Payable and Accrued Expenses$2,934$3,233▲ $299
Total Liabilities$43,685$46,176▲ $2,491
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$130,994$134,452▲ $3,458
Total Net Assets Fund Balance$130,994$134,452▲ $3,458
Total Liabilities and Net Assets / Fund Balance$174,679$180,628▲ $5,949

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$28,016$45,279$73,295
Land$33,750-$33,750
Buildings-$2,250$2,250
Equipment$214$2,017$2,231
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom DorseyPresident
Kerry ScottPresident El
William R HeuserSecretary
Lori GiambroniTreasurer
Melvin LiwagVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$159,341
Program Service Revenue
$95,627
Investment Income
$2,792
Other Revenue
$6,429
Change in Net Assets
$3,458

Audited Revenue Reconciliation

Revenue per Audited Statements
$264,189
Total Revenue per Audited Statements
$264,189
Total Revenue per Form 990
$264,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,103
Salaries, Compensation, and Employee Benefits$124,628
Total Fundraising Expense$16,175
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$113,914-$113,914
Fees for Services Accounting-$15,329-$15,329
Payroll Taxes-$8,714-$8,714
All Other Expenses$1,862$2,870$2,888$7,620
Occupancy-$5,101-$5,101
Insurance-$4,746-$4,746
Office Expenses-$3,405-$3,405
Other Expenses$75,403$3,354$13,287$3,354
Other Employee Benefits-$2,000-$2,000
Information Technology-$1,862-$1,862
Depreciation Depletion-$1,557-$1,557
Interest-$665-$665
Advertising-$250-$250
Travel-$54-$54
Total Functional Expenses$77,265$167,291$16,175$260,731

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$260,731
Total Expenses per Audited Statements$260,731
Total Expenses per Form 990$260,731
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
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

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
St Cloud Main Street Inc
EIN
59-3614025
Phone
4074980008
Address
903 PENNSYLVANIA AVE, ST CLOUD, FL 34769

Signing Officer

Name
Tom Dorsey
Title
President
Phone
4074980008
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Dorsey
Formed
1999
Voting Board Members
6
Independent Board Members
6
Employees
4

Preparer

Firm
Hemphill Accounting Services Inc
Address
1138 NEW YORK AVE, SAINT CLOUD, FL 34769-3782
Preparer
James C Hemphill
Phone
4078921506
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IRS990/TotalLiabilitiesBOYAmt043685
IRS990/TotalLiabilitiesEOYAmt046176
IRS990/TotalLiabilitiesGrp/BOYAmt043685
IRS990/TotalLiabilitiesGrp/EOYAmt046176
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0130994
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0134452
IRS990/TotalProgramServiceExpensesAmt077265
IRS990/TotalProgramServiceRevenueAmt095627
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0104848
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0264189
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0174679
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0180628
IRS990/TravelGrp/ManagementAndGeneralAmt054
IRS990/TravelGrp/TotalAmt054
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt017801
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt012893
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0903 PENNSYLVANIA AVENUE
IRS990/USAddress/CityNm0SAINT CLOUD
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034769
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.STCLOUDMAINSTREET.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM DORSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04074980008
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST CLOUD MAIN STREET INC
ReturnHeader/Filer/BusinessNameControlTxt0STCL
ReturnHeader/Filer/EIN0593614025
ReturnHeader/Filer/PhoneNum04074980008
ReturnHeader/Filer/USAddress/AddressLine1Txt0903 PENNSYLVANIA AVE
ReturnHeader/Filer/USAddress/CityNm0ST CLOUD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034769
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270549345
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HEMPHILL ACCOUNTING SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01138 NEW YORK AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT CLOUD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0347693782
ReturnHeader/PreparerPersonGrp/PhoneNum04078921506
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES C HEMPHILL
ReturnHeader/ReturnTs02025-10-03T10:06:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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