Main Street School Inc is located in Tazewell, VA. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street School 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 06/2024, Main Street School Inc generated $186.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $231.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MAIN STREET SCHOOL PROVIDES AN EXCELLENT EDUCATION THAT TEACHES STUDENTS HOW TO THINK, LEARN, AND LIVE CONSISTENTLY WITH BIBLICAL PRINCIPLES, ACKNOWLEDGING GOD AS THE FOUNDATION OF ALL KNOWLEDGE AND TRUTH. AN EDUCATIONAL ORGANIZATION THAT CURRENTLY OFFERS ENROLLMENT TO STUDENTS IN K4 THROUGH THE 8TH GRADE. MAIN STREET SCHOOL IS WORKING TOWARDS BEING ABLE TO OFFER ENROLLMENT TO STUDENTS FROM K4 ALL THE WAY THROUGH THE 12TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIN STREET SCHOOL FURTHERS ITS EXEMPT PURPOSE BY PROVIDING EDUCATIONAL SERVICES TO THE CHILDREN OF TAZEWELL COUNTY, VIRGINIA AND SURROUNDING AREAS.
MAIN STREET SCHOOL FURTHERS ITS EXEMPT PURPOSE BY PROVIDING EDUCATIONAL SERVICES TO THE CHILDREN OF TAZEWELL COUNTY, VIRGINIA AND SURROUNDING AREAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony Grills Vice Chairman | Trustee | 0 | $0 |
Samuel H Johnson CPA Chairman | OfficerTrustee | 0 | $0 |
Kathy Matney Director | OfficerTrustee | 0 | $0 |
Joleen Smith Director | OfficerTrustee | 0 | $0 |
Henry E Johnson Director | OfficerTrustee | 0 | $0 |
Jeffrey R Wilson Director | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,593 |
Total Program Service Revenue | $124,246 |
Membership dues | $0 |
Investment income | $12 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $11,126 |
Other Revenue | $0 |
Total Revenue | $185,977 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $762 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $192,316 |
Professional fees and other payments to independent contractors | $4,800 |
Occupancy, rent, utilities, and maintenance | $3,735 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,216 |
Total expenses | $231,067 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,761 |
Other assets | $0 |
Total assets | $71,887 |
Total liabilities | $30,050 |
Net assets or fund balances | $41,837 |