Civic Intelligence

Lorain Revitalization Association

990EZ • Fiscal year 2020 • EIN 85-0793147

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

Organization ProfileMAINSTREETLORAINOHIO.ORG
301 Broadway AveLorain, OH 44052

(440) 865-2421

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

90th percentile

54%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

$22,209

No earlier filing loaded for comparison.

Net Assets

$22,209

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin90th percentile

Revenue

$40,897

No earlier filing loaded for comparison.

Expenses

$18,688

No earlier filing loaded for comparison.

Net Income

$22,209

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2020: $22,209Liabilities 2020: $0Net Assets 2020: $22,2092020Assets 2021: $50,355Liabilities 2021: $3,745Net Assets 2021: $46,6102021Assets 2022: $108,537Liabilities 2022: $10,041Net Assets 2022: $98,4962022Assets 2023: $114,037Liabilities 2023: $5,677Net Assets 2023: $108,3602023Assets 2024: $144,853Liabilities 2024: $3,687Net Assets 2024: $141,1662024

Highlighted filing

2020

Assets$22,209
Liabilities$0
Net Assets$22,209
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0Revenue 2020: $40,897Expenses 2020: $18,688Net Income 2020: $22,2092020Revenue 2021: $88,513Expenses 2021: $64,112Net Income 2021: $24,4012021Revenue 2022: $149,952Expenses 2022: $98,066Net Income 2022: $51,8862022Revenue 2023: $113,157Expenses 2023: $103,293Net Income 2023: $9,8642023Revenue 2024: $167,396Expenses 2024: $134,590Net Income 2024: $32,8062024

Highlighted filing

2020

Revenue$40,897
Expenses$18,688
Net Income$22,209
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$45,800
Mission and Program Overview

Mission

To promote collaboration and celebration as a means of making downtown lorain vibrant and accessible to residents and visitors of all ages

Program Services

DescriptionGrantsExpenses
TO PROMOTE COLLABORATION AND CELEBRATION AS A MEANS OF MAKING DOWNTOWN LORAIN VIBRANT AND ACCESSIBLE TO RESIDENTS AND VISITORS OF ALL AGES$5,153-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KURT HERNONPresidentPT$0--
CHRISTOPHER COCCOVice President-$0--
PAT MORRISSONSecretary-$0--
JIMMY PENTILLATreasurer-$0--
JOEL ARREDONDOMember-$0--
ALEX BARTONMember-$0--
JENNIFER BLACKMember-$0--
TOM BROWNMember-$0--
JOYCE FERLIC-ARREDONDOMember-$0--
DINA FERRERMember-$0--
BEN NORTONMember-$0--
BARB PISCOPOMember-$0--
AARON SIMMONSMember-$0--
Filing and Contact Details

Filer

Filer Name
Lorain Revitalization Association
EIN
85-0793147
Phone
4408652421
Address
301 BROADWAY AVE, LORAIN, OH 44052

Signing Officer

Name
Kurt Hernon
Title
President
Signed
2021-11-04
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $112”

Other Expenses.1009

“Depreciation $540”

Other Expenses.2

“BOOKKEEPING $840”

Other Expenses.3

“ORGANIZATIONAL DUES $275”

Other Expenses.4

“ORGANIZATIONAL FEES $275”

Other Expenses.5

“Beautifiation project $250”

Other Expenses.6

“PROMOTIONAL ITEMS $175”

Other Assets.1

“DEPOSITS - Beginning $0 DEPOSITS - Ending $300”

Raw XML Appendix176 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/PersonNm0MAX SCHAEFER
IRS990EZ/BooksInCareOfDetail/PhoneNum04408652421
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 BROADWAY AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LORAIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044052
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021909
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt035920
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt022209
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022209
IRS990EZ/FundraisingGrossIncomeAmt09880
IRS990EZ/GrossReceiptsAmt045800
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022209
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022209
IRS990EZ/OccupancyRentUtltsAndMaintAmt03600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt111.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt121.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KURT HERNON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTOPHER COCCO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAT MORRISSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIMMY PENTILLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOEL ARREDONDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ALEX BARTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JENNIFER BLACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TOM BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOYCE FERLIC-ARREDONDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9DINA FERRER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10BEN NORTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11BARB PISCOPO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12AARON SIMMONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0300
IRS990EZ/OtherExpensesTotalAmt02467
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE COLLABORATION AND CELEBRATION AS A MEANS OF MAKING DOWNTOWN LORAIN VIBRANT AND ACCESSIBLE TO RESIDENTS AND VISITORS OF ALL AGES
IRS990EZ/PrintingPublicationsPostageAmt02121
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE COLLABORATION AND CELEBRATION AS A MEANS OF MAKING DOWNTOWN LORAIN VIBRANT AND ACCESSIBLE TO RESIDENTS AND VISITORS OF ALL AGES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05153
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt04903
IRS990EZ/SpecialEventsNetIncomeLossAmt04977
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt018688
IRS990EZ/TotalProgramServiceExpensesAmt05153
IRS990EZ/TotalRevenueAmt040897
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0MAINSTREETLORAINOHIO.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035920
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt035920
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09880
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09880
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt035920
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035920
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt035920
IRS990ScheduleA/TotalSupportAmt045800
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $112
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $540
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOKKEEPING $840
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATIONAL DUES $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATIONAL FEES $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BEAUTIFIATION PROJECT $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROMOTIONAL ITEMS $175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DEPOSITS - Beginning $0 DEPOSITS - Ending $300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KURT HERNON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LORAIN REVITALIZATION ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA MAIN STREET LORAIN
ReturnHeader/Filer/BusinessNameControlTxt0LORA
ReturnHeader/Filer/EIN0850793147
ReturnHeader/Filer/PhoneNum04408652421
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 BROADWAY AVE
ReturnHeader/Filer/USAddress/CityNm0LORAIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044052
ReturnHeader/ReturnTs02021-11-04T06:08:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KURT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HERNON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,209
Liabilities
$0
Net assets
$22,209
Revenue
$40,897
Expenses
$18,688
Net income
$22,209
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.45$0.04$1.41$1.67$1.35$0.33
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.06$1.08$1.13$1.03$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.10$0.98$1.50$0.98$0.52
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.04$0.47$0.89$0.64$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.41$0.19$0.22