WINCHESTER MAIN STREET Charity Report

Public IRS 990 nonprofit record

WINCHESTER MAIN STREET

EIN 93-3276630 · Small Business Development (S43)

What they do

In 2024, Friends of Old Town Laid A Strong Foundation for Long-term Impact and Independence. We Finalized Our 501(c)(3) Nonprofit Status, Secured A Unique Entity ID (UEI), and Completed The Transition of The Main Street Program From City Administration to An Independently Managed, Board-led Organization.We Launched A New Brand Identity and Established Volunteer-led Committees Focused On Key Areas of Our Mission. Internal Systems for Fundraising, Finance, and Communications Were Also Developed to Support Long-term Sustainability.Several Strategic Grants Were Awarded In 2024, Including The Virginia Main Street Downtown Improvement Grant (DIG), A Technical Assistance Grant for Fund Development, and The Small Area Planning (SmArP) Grant Funded By The Virginia Department of Housing and Community Development (VADHCD). These Grants Supported The Creation of The Old Town 2045 Master Plan, Strategic Planning Efforts, and Resource Development to Build Out The Organizations Capacity.By The Close

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.43%of revenue went to mission work95.9% of expenses · Program services

$104.74spent for every $100 of revenueSpending was higher than revenue this year.

$0.86in assets for every $1 spent this yearSome assets cannot be spent right away.

99.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,666 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $36,000 for BRADY CLOVEN (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$98,340

Mission workProgram services$98,766100.43% of revenue95.9% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$103,006104.74% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$98,340

Expenses$103,006

Annual shortfall $4,666 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$98,766 · 95.9% of expenses

See all reported dollar amounts

Revenue$98,340

Expenses$103,006

Assets$88,241

Income$98,340

Contributions$97,920

Mission work (program services)$98,766

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRADY CLOVENEXECUTIVE DIR. · 50 hrs/week $36,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

BRADY CLOVENEXECUTIVE DIR.

CORBIN SUTTONTREASURER

DANIEL F OBRIENVICE CHAIR

HOLLY REDDINGSECRETARY

JOEL RICHARDSONEDA LIAISON

JOSH HUFFBOARD MEMBER

KATHERINE M BUZBYCHAIR

KYLE HOPKINSBOARD MEMBER

LAURA GILLESPIEBOARD MEMBER

LAURI BRIDGEFORTHBOARD MEMBER

MARFETT ROSEBOARD MEMBER

SCOTT DAWSONBOARD MEMBER

About this charity

Recognized since: January 2024
Location: 117 Piccadilly Street 301, Winchester, VA 22601
County: Winchester (city)
In care of: Corbin Sutton
Primary officer: Corbin Sutton, Treasurer

How to reach them

Phone(765) 247-9952

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2025
Return type: 990EZ
Tax preparer: KILMER & ASSOCIATES LLC
NTEE classification: Small Business Development (S43)
IRS tax category: Small Business Development