Nonprofit · EIN 35-1646809
FRANKFORT MAIN STREET INC
Tax-exempt · FRANKFORT, IN 46041
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $51,721 | $63,379 | -$11,658 | $7,955 | $2,025 | $5,930 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $35,636
- Investment income
- $2
- Net income from fundraising events
- $16,083
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $39,731
- Professional fees and payments to contractors
- $2,540
- Other expenses
- $21,108
- Program services (functional)
- $49,025
Balance sheet and other
- Total assets, start of year
- $19,616
- Total assets, end of year
- $7,955
- Total liabilities, end of year
- $2,025
- Net assets, end of year
- $5,930
- Cash, savings and investments
- $4,949
- Gross receipts
- $112,952
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE PALMER | PRESIDENT | 2 | $0 |
| CINDY CHAMBERS | VICE PRESIDE | 2 | $0 |
| TOM CRAWFORD | SECRETARY/TR | 2 | $0 |
| ALICIA ALBERTSON | DIRECTOR | 1 | $0 |
| CINDY BEEBE | DIRECTOR | 1 | $0 |
| KIMBERLY BLACK | DIRECTOR | 1 | $0 |
| AMBER COONROD | DIRECTOR | 1 | $0 |
| DANIEL DAVIS | DIRECTOR | 1 | $0 |
| FRANK HARNESS | DIRECTOR | 1 | $0 |
| CRYSTAL REICHERT | DIRECTOR | 1 | $0 |
| ALLYSON SCHUTTE | DIRECTOR | 1 | $0 |
| MICHAEL STONE | DIRECTOR | 1 | $0 |
| DAN FREY | DIRECTOR | 1 | $0 |
| JEFF WELLMAN | DIRECTOR | 1 | $0 |
| SANDRA BRANT | DIRECTOR | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE STEVENS | DIRECTOR | 1 | $0 |
| KIM STEVENS | EXECUTIVE DI | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 62 N MAIN ST, FRANKFORT, IN 46041-2794
- Signed the 990-EZ
- JOE PALMER, PRESIDENT
- Phone
- (765) 654-4081
- Return prepared by
- GIRARDOT STRAUCH & CO PC
Mission
TO AID IN THE ECONOMIC DEVELOPMENT OF THE DOWNTOWN AREA OF FRANKFORT, INDIANA
Program accomplishments
- AID IN THE ECONOMIC DEVELOPMENT OF DOWNTOWN FRANKFORTExpenses $49,025
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 35-1646809
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $7,955
- Income (IRS master file)
- $112,952
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $51,721 | $63,379 | $7,955 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1646809).
Questions about FRANKFORT MAIN STREET INC
- What is the EIN of FRANKFORT MAIN STREET INC?
- The employer identification number (EIN) of FRANKFORT MAIN STREET INC is 35-1646809.
- Is FRANKFORT MAIN STREET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to FRANKFORT MAIN STREET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANKFORT MAIN STREET INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRANKFORT MAIN STREET INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKFORT MAIN STREET INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of FRANKFORT MAIN STREET INC?
- The 990-EZ for the year ended December 31, 2023 lists 17 people; 0 received compensation from the organization.
- How much revenue does FRANKFORT MAIN STREET INC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $51,721, expenses of $63,379 and total assets of $7,955 at year end.
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All nonprofits in FRANKFORT · Indiana · Community improvement and capacity building