Civic Intelligence

Main Street Ravenna

EIN 81-3770138 • 501(c)3 • Ravenna, OH

Profile

The mission of main street ravenna is to celebrate and utilize downtown ravenna to establish a place where businesses thrive and people create moments together.

PO Box 444Ravenna, OH 44266

n/A

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

32nd percentile

-8.6%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

95th percentile

$34,055

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 41.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-29%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

57th percentile

4.1%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$42,499

Down $7,535 (-15%) from 2023

Liabilities

Flat

$2,550

Flat from 2023

Net Assets

Down

$39,949

Down $7,535 (-16%) from 2023

Revenue

Up

$88,105

Up $31,994 (+57%) from 2023

Expenses

Up

$95,640

Up $6,155 (+6.9%) from 2023

Net Income

Up

-$7,535

Up $25,839 (+77%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $2,781Liabilities 2016: $500Net Assets 2016: $2,2812016Assets 2017: $72,745Liabilities 2017: $5,2612017Assets 2018: $122,732Liabilities 2018: $1,1262018Assets 2019: $103,270Liabilities 2019: $2,4652019Assets 2020: $78,776Liabilities 2020: $2,5502020Assets 2021: $79,978Liabilities 2021: $2,550Net Assets 2021: $77,4282021Assets 2022: $83,408Liabilities 2022: $2,550Net Assets 2022: $80,8582022Assets 2023: $50,034Liabilities 2023: $2,550Net Assets 2023: $47,4842023Assets 2024: $42,499Liabilities 2024: $2,550Net Assets 2024: $39,9492024

Highlighted filing

2024

Assets$42,499
Liabilities$2,550
Net Assets$39,949

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $2,300Expenses 2016: $19Net Income 2016: $2,2812016Revenue 2017: $76,196Expenses 2017: $10,993Net Income 2017: $65,2032017Revenue 2018: $73,151Expenses 2018: $24,290Net Income 2018: $48,8612018Revenue 2019: $59,569Expenses 2019: $80,370Net Income 2019: -$20,8012019Revenue 2020: $101,786Expenses 2020: $53,300Net Income 2020: $48,4862020Revenue 2021: $62,801Expenses 2021: $61,599Net Income 2021: $1,2022021Revenue 2022: $81,261Expenses 2022: $77,831Net Income 2022: $3,4302022Revenue 2023: $56,111Expenses 2023: $89,485Net Income 2023: -$33,3742023Revenue 2024: $88,105Expenses 2024: $95,640Net Income 2024: -$7,5352024

Highlighted filing

2024

Revenue$88,105
Expenses$95,640
Net Income-$7,535

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 18, 2025
Return Version
2024v5.0
Gross Receipts
$90,355
Mission and Program Overview

Mission

Celebrate and utilize downtown

The mission of Main Street Ravenna is to celebrate and utilize downtown Ravenna to establish a place where businesses thrive and people create moments together.

Program Services

DescriptionGrantsExpenses
Promotion. and preservation of Ravenna's historic downtown district, main street corridor, and other historic areas$0$65,416
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arasin HughesExecutive DirectorFT$48,825-$48,825
Chelsea GregorPresident-$0--
Jesse McClainVice President-$0--
Brooke BolevichSecretary-$0--
William BarberDirectorPT$0--
Matt LillickTreasurer-$0--
Amy YoungDirector & VPPT$0--
Rich SchlueDirector-$0--
Crystal HarperDirector (Until June 2024)-$0--
Filing and Contact Details

Filer

Filer Name
Main Street Ravenna Inc
EIN
81-3770138
Phone
3302359509
Address
PO Box 444, Ravenna, OH 44266

Signing Officer

Name
Matthew Lillick
Title
Treasurer
Phone
3302359509
Signed
2025-11-18
Supplemental Narrative

Additional Explanations

Part I, Line 15,

Other Expenses: Advertising & Promotion $1,799; Employer payroll taxes $3,865; Dues & Registration fees $5,355; Supplies & other operating expenses $8,781; Misc Expenses. $16,127

Part II, Line 24

Other Assets: Inventory $9,000; Accounts Receivable $5,533

Part II, Line 26

Total liabilities $2,550

Part III

Statement of program service accomplishments, primary exempt purpose (mission): The mission of Main Street Ravenna is to celebrate and utilize downtown Ravenna to establish a place where businesses thrive and people create moments together.

Part V

Other information, Line 34: In 2024 the board voted to amend the Organization's Bylaws to extend board term limits when certain conditions are met in order to prevent vacancies in key positions

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Expenses: Advertising & Promotion $1,799; Employer payroll taxes $3,865; Dues & Registration fees $5,355; Supplies & other operating expenses $8,781; Misc Expenses. $16,127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other Assets: Inventory $9,000; Accounts Receivable $5,533
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Statement of program service accomplishments, primary exempt purpose (mission): The mission of Main Street Ravenna is to celebrate and utilize downtown Ravenna to establish a place where businesses thrive and people create moments together.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other information, Line 34: In 2024 the board voted to amend the Organization's Bylaws to extend board term limits when certain conditions are met in order to prevent vacancies in key positions
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 15,
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part V
ReasonableCauseExplanation/ExplanationTxt0Form 8868 and an explanation for the late filing were sent to the IRS in September of 2025.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Matthew Lillick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03302359509
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAIN STREET RAVENNA INC
ReturnHeader/Filer/BusinessNameControlTxt0MAIN
ReturnHeader/Filer/EIN0813770138
ReturnHeader/Filer/PhoneNum03302359509
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 444
ReturnHeader/Filer/USAddress/CityNm0Ravenna
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044266
ReturnHeader/ReturnTs02025-11-18T00:26:48Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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