Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Fayetteville Main Street Inc.
EIN 62-1449117 • 501(c)3 • Fayetteville, TN
Pub. 78 Eligible
Profile
To preserve and enhance historic downtown fayetteville,tn
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 25.6% of source-year revenue.
Asset Growth
52nd percentile
Faster asset growth than 52% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Down$120,488
Down $985 (-0.8%) from 2024
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$120,488
Up $793 (+0.7%) from 2024
Revenue
Down$128,567
Down $6,330 (-4.7%) from 2024
Expenses
Down$127,774
Down $774 (-0.6%) from 2024
Net Income
Down$793
Down $5,556 (-88%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $120,488
- Liabilities
- -
- Net assets
- $120,488
- Revenue
- $128,567
- Expenses
- $127,774
- Net income
- $793
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Nov 4, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $182,306
Mission and Program Overview
Mission
To preserve and enhance historic downtown fayetteville,tn
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PRESERVE AND ENHANCE HISTORIC DOWNTOWN FAYETTEVILLE,TN, PROMOTE COMMUNITY PRIDE, HERITAGE, EDUCATION AND SMALL TOWN TRADITION, AND FOCUSING ON CREATING A SUCCESSFUL BUSINESS ENVIRONMENT. | - | $28,441 |
| TO PRESERVE AND ENHANCE HISTORIC DOWNTOWN FAYETTEVILLE,TN, PROMOTE COMMUNITY PRIDE, HERITAGE, EDUCATION AND SMALL TOWN TRADITION, AND FOCUSING ON CREATING A SUCCESSFUL BUSINESS ENVIRONMENT. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| AIMEE BYRD | Executive Di | FT | $32,910 | - | $32,910 |
| HEATHER MCCORMICK | President | - | $0 | - | - |
| SUSAN BASSHAM | Vice Preside | - | $0 | - | - |
| MELVIE MYRICK | Secretary | - | $0 | - | - |
| MICHAEL BALCER | Treasurer | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Slaw Burger Fes | $37,143 | $37,143 | $30,451 | $6,692 |
| Fall/winter Eve | $13,034 | $13,034 | $8,096 | $4,938 |
| Total Events | $68,013 | $68,013 | $47,002 | $21,011 |
Filing and Contact Details
Filer
- Filer Name
- Fayetteville Main Street Inc
- EIN
- 62-1449117
- Phone
- 9315575150
- Address
- PO BOX 162, FAYETTEVILLE, TN 37334
Signing Officer
- Name
- Heather Mccormick
- Title
- President
- Phone
- 9315575150
- Signed
- 2025-11-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Putman & Hancock Cpas
- Address
- 219 COLLEGE ST E, FAYETTEVILLE, TN 37334
- Preparer
- Fayna Sargent CPA
- Phone
- 9314331040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertisement 9,995 merchant relation 3,304 youth leaders council 3,719 office expense 2,769 grant exp-professional fees 14,025 permits-event 100 internet 1,583 software subscriptions 16,727 travel 1,611 insurance 2,320 non-investment depreciation 7,393 total 63,546”
Form 990-ez, Part II, Line 24
“Assets 59,987 59,987 less accumulated depreciation 4,203 11,596 total 55,784 48,391”
Form 990-ez, Part II, Line 26
“Payroll liability 1,778 0”
Form 990-ez, Part III, Line 31
“To preserve and enhance historic downtown fayetteville,tn, promote community pride, heritage, education and small town tradition, and focusing on creating a successful business environment.”
Raw XML Appendix165 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 | MICHAEL BALCER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9315575150 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 162 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FAYETTEVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37334 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 65689 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 72097 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 103411 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 793 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4403 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 121473 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 120488 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 78895 |
| IRS990EZ/GrossReceiptsAmt | 0 | 182306 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 119695 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 120488 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 119695 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 120488 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 21697 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 37.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 32910 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HEATHER MCCORMICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SUSAN BASSHAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MELVIE MYRICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MICHAEL BALCER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | AIMEE BYRD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 55784 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 48391 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 63546 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PRESERVE AND ENHANCE HISTORIC DOWNTOWN FAYETTEVILLE,TN |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1620 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PRESERVE AND ENHANCE HISTORIC DOWNTOWN FAYETTEVILLE,TN, PROMOTE COMMUNITY PRIDE, HERITAGE, EDUCATION AND SMALL TOWN TRADITION, AND FOCUSING ON CREATING A SUCCESSFUL BUSINESS ENVIRONMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | TO PRESERVE AND ENHANCE HISTORIC DOWNTOWN FAYETTEVILLE,TN, PROMOTE COMMUNITY PRIDE, HERITAGE, EDUCATION AND SMALL TOWN TRADITION, AND FOCUSING ON CREATING A SUCCESSFUL BUSINESS ENVIRONMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 28441 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 36508 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 53739 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 25156 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1778 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 127774 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 28441 |
| IRS990EZ/TotalRevenueAmt | 0 | 128567 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | FAYETTEVILLEMAINSTREET.COM |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER INCOME 247,634 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 103411 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 107027 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 64318 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44581 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 34347 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 353684 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 78895 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 70762 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41880 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 56097 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 247634 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.58820 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.63780 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 353684 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 103411 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 107027 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 64318 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44581 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 34347 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 353684 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 601318 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 47002 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | SLAW BURGER FES |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | FALL/WINTER EVE |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 37143 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 13034 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt | 0 | 17836 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 68013 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 37143 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 13034 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt | 0 | 17836 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 68013 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 21011 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt | 0 | 8455 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 47002 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 30451 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 8096 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt | 0 | 2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISEMENT 9,995 MERCHANT RELATION 3,304 YOUTH LEADERS COUNCIL 3,719 OFFICE EXPENSE 2,769 GRANT EXP-PROFESSIONAL FEES 14,025 PERMITS-EVENT 100 INTERNET 1,583 SOFTWARE SUBSCRIPTIONS 16,727 TRAVEL 1,611 INSURANCE 2,320 NON-INVESTMENT DEPRECIATION 7,393 TOTAL 63,546 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ASSETS 59,987 59,987 LESS ACCUMULATED DEPRECIATION 4,203 11,596 TOTAL 55,784 48,391 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PAYROLL LIABILITY 1,778 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO PRESERVE AND ENHANCE HISTORIC DOWNTOWN FAYETTEVILLE,TN, PROMOTE COMMUNITY PRIDE, HERITAGE, EDUCATION AND SMALL TOWN TRADITION, AND FOCUSING ON CREATING A SUCCESSFUL BUSINESS ENVIRONMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HEATHER MCCORMICK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9315575150 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FAYETTEVILLE MAIN STREET INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FAYE |
| ReturnHeader/Filer/EIN | 0 | 621449117 |
| ReturnHeader/Filer/PhoneNum | 0 | 9315575150 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 162 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FAYETTEVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37334 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 621485237 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PUTMAN & HANCOCK CPAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 219 COLLEGE ST E |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FAYETTEVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 37334 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9314331040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FAYNA SARGENT CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-07T12:34:19-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.