Waverly Main Street Inc
- Assets
- $272.4k
- Revenue
- $361.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Baltimore, MD
- Founding
- 04/2011
- Data as of
- 06/2021
- EIN
- 80-0562379
Organization Overview
Waverly Main Street Inc is located in Baltimore, MD. The organization was established in 2011. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waverly Main Street Inc 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 06/2021, Waverly Main Street Inc generated $361.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $322.4k during the year ending 06/2021. While expenses have increased by 0.0% per year over the past 4 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.
Since 2021, Waverly Main Street Inc has awarded 16 individual grants totaling $139,297. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN THE ECONOMIC REVITALIZATION OF THE HISTORIC GREENMOUNT AVENUE COMMERCIAL DISTRICT IN BALTIMORE CITY THROUGH BUSINESS DEVELOPMENT, EVENTS AND PROMOTIONS AND BEAUTIFICATION EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACADE AND OTHER STREETSCAPE IMPROVEMENTS ON THE HISTORIC GREENMOUNT AVENUE COMMERCIAL CORRIDOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Smith Executive Dir. | Officer | 40 | $58,000 |
Leigh Kramer President | OfficerTrustee | 2 | $0 |
Eric Lee Vice President | OfficerTrustee | 3 | $0 |
Diana Emerson Secretary | OfficerTrustee | 4 | $0 |
Odette Ramos Treasurer | OfficerTrustee | 4 | $0 |
Jacob Wittenberg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $361,645 |
| Investment income | $0 |
| 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 | $361,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $25,462 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,308 |
| Payroll taxes | $3,995 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $23,000 |
| Office expenses | $2,729 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,444 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,409 |
| All other expenses | $0 |
| Total functional expenses | $322,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,784 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $7,637 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $272,421 |
| Accounts payable and accrued expenses | $3,887 |
| 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 | $0 |
| Total liabilities | $3,887 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $268,534 |
Grants Awarded
Over the last fiscal year, Waverly Main Street Inc has awarded $139,297 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
#1 WEAVE EXPRESS PURPOSE: Strong Economic Recovery Initiative | $6,500 |
2 URBAN SISTERS PURPOSE: Strong Economic Recovery Initiative | $5,500 |
BLACKSTONE MENSWEAR PURPOSE: Strong Economic Recovery Initiative | $7,000 |
CHINA EXPRESS PURPOSE: Strong Economic Recovery Initiative | $5,500 |
EVERYTHING GLAM PURPOSE: Strong Economic Recovery Initiative | $5,500 |
KHEPERAS KITCHEN PURPOSE: Strong Economic Recovery Initiative | $13,000 |