Tenleytown Main Street
- Assets
- $112.6k
- Revenue
- $498.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 06/2016
- Data as of
- 09/2023
- EIN
- 47-4536641
Organization Overview
Tenleytown Main Street is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Tenleytown Main Street employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tenleytown Main Street is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Tenleytown Main Street generated $498.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $536.8k during the year ending 09/2023. While expenses have increased by 14.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO REVITALIZE THE TENLEYTOWN BUSINESS CORRIDOR BY LEVERAGING ITS HISTORY TO SUPPORT EXISTING BUSINESSES, ATTRACT NEW BUSINESSES, CREATE A STRONGER RETAIL PRESENCE AND MAKE TENLEYTOWN A MORE DESIRABLE PLACE TO LIVE, WORK AND PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO REVITALIZE THE TENLEYTOWN BUSINESS CORRIDOR BY LEVERAGING ITS HISTORY TO SUPPORT EXISTING BUSINESSES, ATTRACT NEW BUSINESSES, CREATE A STONGER RETAIL PRESENCE AND MAKE TENLEYTOWN A MORE DESIRABLE PLACE TO LIVE, WORK AND PLAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Duffy Board Member | Trustee | 0.46 | $0 |
Carolyn Long Board Member | Trustee | 1.38 | $0 |
Myrna Sislen Board Member | Trustee | 0.46 | $0 |
Nabeeha Kazi Hutchins Board Member | Trustee | 0.46 | $0 |
Maria Berry Executive Director | Trustee | 50 | $52,842 |
Rina Kunk Board Member | Trustee | 0.69 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $417,591 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $453,278 |
| Total Program Service Revenue | $44,796 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $498,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,573 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $154,875 |
| Compensation of current officers, directors, key employees. | $10,382 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $266,737 |
| Advertising and promotion | $0 |
| Office expenses | $38,965 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,630 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,145 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,336 |
| Insurance | $0 |
| All other expenses | $9,584 |
| Total functional expenses | $536,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,891 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $39,201 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,333 |
| Net Land, buildings, and equipment | $16,843 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,284 |
| Other assets | $0 |
| Total assets | $112,552 |
| Accounts payable and accrued expenses | $57,147 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,704 |
| Total liabilities | $69,851 |
| Net assets without donor restrictions | $42,701 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $112,552 |
Grants Awarded
Over the last fiscal year, Tenleytown Main Street has awarded $15,075 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SPRING GARDEN PURPOSE: Small Business grant | $5,000 |
PETE'S NEW HAVEN STYLE A PIZZA PURPOSE: TMS 2021 Small Business Grant. | $5,000 |
CONEFETTI LLC PURPOSE: Small Business grant and Winterfest window contest | $5,075 |