Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Frankfort Avenue Business Corporation
EIN 61-1247540 • 501(c)6 • Louisville, KY
Revoked990-N Coverage
Profile
To form a mutual association of businesses and a business league for the purpose of educatingits members on supporting business in the association area and their related activities.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
51st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Balance Sheet
Assets
Down$763
Down $10,451 (-93%) from 2018
Liabilities
Flat$0
Flat from 2018
Net Assets
-
No earlier filing loaded for comparison.
Revenue
Down$5,011
Down $57,553 (-92%) from 2018
Expenses
Down$9,540
Down $53,969 (-85%) from 2018
Net Income
Down-$4,529
Down $3,584 (-379%) from 2018
Trend Graphs
Filings
Most recent year
2021 • Form 990EZSummary only. Only limited summary data is available for this year.
- Assets
- $763
- Liabilities
- $0
- Net assets
- -
- Revenue
- $5,011
- Expenses
- $9,540
- Net income
- -$4,529
Latest Detailed Filing
The latest 2021 filing currently has summary financial data only. Showing the latest detailed filing from 2016 below.
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- May 10, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $82,844
Mission and Program Overview
Mission
To form a mutual association of businesses and a business league for the purpose of educatingits members on supporting business in the association area and their related activities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FRANKFORT AVENUE TROLLEY FRIDAY NIGHTS ARE HELD ONCE PER MONTH WHERE FREE ENTERTAINMENT AND TROLLEY RIDES ARE PROVIDED IN ORDER TO BRING PEOPLE TO FRANKFORT AVENUE TO SHOP. | - | - |
| FABA PROVIDES A BOOKLET TITLED "GUIDE TO FRANKFORT AVENUE" THAT INCLUDES INFORMATION ABOUT THE AREA AS WELL AS ADVERTISING FOR AREA BUSINESSES. | - | - |
| FABA HOLDS AN EASTER PARADE DOWN FRANKFORT AVENUE TO FOSTER COMMUNITY SPIRIT AND BRING PEOPLE TO SUPPORT THE MERCHANTS. CANDY IS DISTRIBUTED TO THE PUBLIC AT NO CHARGE AND AWARDS ARE GIVEN TO COMMUNITY LEADERS. | - | - |
| FABA MEMBERS VOLUNTEER TO SELL BEER AND T-SHIRTS AT THE OLD FASHIONED 4TH OF JULY PICNIC ORGANIZED BY THE CRESCENT HILL COMMUNITY COUNCIL (CHCC) AND OPEN TO THE PUBLIC. ALL PROFITS ARE DONATED TO CHCC, A 501(C)(3) ORGANIZATION. FABA HOLDS AN OLD TYME CHRISTMAS EVENT WHICH IS OPEN TO THE PUBLIC AND HELD TO FOSTER COMMUNITY AND PROMOTE THE MEMBER BUSINESSES. IT INCLUDES A RUNNING RACE AND FREE HORSE TRAM RIDES. PROFITS ARE DONATED TO THE UNITED CRESCENT HILL MINISTRIES, A 501(C)(3) ORGANIZATION. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KATHY SCHMITT | VP - Admini | - | $0 | - | - |
| ANDREI MOLDOVEANU | President | - | $0 | - | - |
| TYLER OCHS | Treasurer | - | $0 | - | - |
| ROBERTA WILLIAMS | Secretary | - | $0 | - | - |
| JUSTIN O'DELL | VP - Members | - | $0 | - | - |
| MEGAN IMEL | VP - Trolley | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Frankfort Avenue Business
- EIN
- 61-1247540
- Phone
- 5022927772
- Address
- 2117 PAYNE ST, LOUISVILLE, KY 40206
Signing Officer
- Name
- Tyler Ochs
- Title
- Treasurer
- Phone
- 5022927772
- Signed
- 2017-05-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Henson & Associates CPA Pllc
- Address
- 2455 CRITTENDEN DR, LOUISVILLE, KY 40217
- Preparer
- Arthur J Henson
- Phone
- 5026348351
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Santa sprint 1,895 total 1,895”
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 150 insurance 1,807 trolley expenses 3,744 events 2,790 web design & hosting 1,042 miscellaneous 124 business expenses 28,268 business registration 592 contract services 5,140 map delivery fee 1,700 marketing 13,700 facilities & equipment 3,408 permits 874 supplies 246 software 212 dues 150 awards 42 total 63,989”
Form 990-ez, Part I, Line 20
“Prior period adjustment 0”
Form 990-ez, Part III
“To form a mutual association of businesses and a business league for the purpose of educatingits members on supporting business in the association area and their related activities.”
Form 990-ez, Part III, Line 31
“Faba members volunteer to sell beer and t-shirts at the old fashioned 4th of july picnic organized by the crescent hill community council (chcc) and open to the public. All profits are donated to chcc, a 501(c)(3) organization. Faba holds an old tyme christmas event which is open to the public and held to foster community and promote the member businesses. It includes a running race and free horse tram rides. Profits are donated to the united crescent hill ministries, a 501(c)(3) organization.”
Raw XML Appendix115 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TYLER OCHS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5027278057 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2117 PAYNE ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LOUISVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40206 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 7495 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 18588 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 60288 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 11093 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 7495 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 18588 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82844 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 17 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 20644 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 7495 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 18588 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 7495 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 18588 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KATHY SCHMITT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANDREI MOLDOVEANU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TYLER OCHS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROBERTA WILLIAMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JUSTIN O'DELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MEGAN IMEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | VP - ADMINI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VP - MEMBERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | VP - TROLLEY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 63989 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1895 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO FORM A MUTUAL ASSOCIATION OF BUSINESSES AND A BUSINESS LEAGUE FOR THE PURPOSE OF EDUCATINGITS MEMBERS ON SUPPORTING BUSINESS IN THE ASSOCIATION AREA AND THEIR RELATED ACTIVITIES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 7762 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FRANKFORT AVENUE TROLLEY FRIDAY NIGHTS ARE HELD ONCE PER MONTH WHERE FREE ENTERTAINMENT AND TROLLEY RIDES ARE PROVIDED IN ORDER TO BRING PEOPLE TO FRANKFORT AVENUE TO SHOP. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | FABA PROVIDES A BOOKLET TITLED "GUIDE TO FRANKFORT AVENUE" THAT INCLUDES INFORMATION ABOUT THE AREA AS WELL AS ADVERTISING FOR AREA BUSINESSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | FABA HOLDS AN EASTER PARADE DOWN FRANKFORT AVENUE TO FOSTER COMMUNITY SPIRIT AND BRING PEOPLE TO SUPPORT THE MERCHANTS. CANDY IS DISTRIBUTED TO THE PUBLIC AT NO CHARGE AND AWARDS ARE GIVEN TO COMMUNITY LEADERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | FABA MEMBERS VOLUNTEER TO SELL BEER AND T-SHIRTS AT THE OLD FASHIONED 4TH OF JULY PICNIC ORGANIZED BY THE CRESCENT HILL COMMUNITY COUNCIL (CHCC) AND OPEN TO THE PUBLIC. ALL PROFITS ARE DONATED TO CHCC, A 501(C)(3) ORGANIZATION. FABA HOLDS AN OLD TYME CHRISTMAS EVENT WHICH IS OPEN TO THE PUBLIC AND HELD TO FOSTER COMMUNITY AND PROMOTE THE MEMBER BUSINESSES. IT INCLUDES A RUNNING RACE AND FREE HORSE TRAM RIDES. PROFITS ARE DONATED TO THE UNITED CRESCENT HILL MINISTRIES, A 501(C)(3) ORGANIZATION. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 71751 |
| IRS990EZ/TotalRevenueAmt | 0 | 82844 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FRANKFORTAVE.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SANTA SPRINT 1,895 TOTAL 1,895 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING AND PROMOTION 150 INSURANCE 1,807 TROLLEY EXPENSES 3,744 EVENTS 2,790 WEB DESIGN & HOSTING 1,042 MISCELLANEOUS 124 BUSINESS EXPENSES 28,268 BUSINESS REGISTRATION 592 CONTRACT SERVICES 5,140 MAP DELIVERY FEE 1,700 MARKETING 13,700 FACILITIES & EQUIPMENT 3,408 PERMITS 874 SUPPLIES 246 SOFTWARE 212 DUES 150 AWARDS 42 TOTAL 63,989 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIOR PERIOD ADJUSTMENT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO FORM A MUTUAL ASSOCIATION OF BUSINESSES AND A BUSINESS LEAGUE FOR THE PURPOSE OF EDUCATINGITS MEMBERS ON SUPPORTING BUSINESS IN THE ASSOCIATION AREA AND THEIR RELATED ACTIVITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FABA MEMBERS VOLUNTEER TO SELL BEER AND T-SHIRTS AT THE OLD FASHIONED 4TH OF JULY PICNIC ORGANIZED BY THE CRESCENT HILL COMMUNITY COUNCIL (CHCC) AND OPEN TO THE PUBLIC. ALL PROFITS ARE DONATED TO CHCC, A 501(C)(3) ORGANIZATION. FABA HOLDS AN OLD TYME CHRISTMAS EVENT WHICH IS OPEN TO THE PUBLIC AND HELD TO FOSTER COMMUNITY AND PROMOTE THE MEMBER BUSINESSES. IT INCLUDES A RUNNING RACE AND FREE HORSE TRAM RIDES. PROFITS ARE DONATED TO THE UNITED CRESCENT HILL MINISTRIES, A 501(C)(3) ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TYLER OCHS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5022927772 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-05-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FRANKFORT AVENUE BUSINESS |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FRAN |
| ReturnHeader/Filer/EIN | 0 | 611247540 |
| ReturnHeader/Filer/PhoneNum | 0 | 5022927772 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2117 PAYNE ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOUISVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40206 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 320149885 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HENSON & ASSOCIATES CPA PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2455 CRITTENDEN DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LOUISVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 40217 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5026348351 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-05-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ARTHUR J HENSON |
| ReturnHeader/ReturnTs | 0 | 2017-05-15T07:57:12-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
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