Hernando Main Street-chamber of Commerce Program
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Hernando Main Street-chamber of Commerce Program is a 501(c)(6) organization based in Hernando, Mississippi, registered in 1998, with $213,391 in FY2024 revenue. CharityIndex grades it B.
421 W Commerce St, Hernando, MS, 38632 EIN 64-0901077 Since 1998
Revenue (FY2024)
$213K
▲ 12.2% vs prior year
Expenses (FY2024)
$183K
Net assets
$112K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hernando Main Street-chamber of Commerce Program— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hernando Main Street-chamber of Commerce Program: 7 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hernando Main Street-chamber of Commerce Program— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hernando Main Street-chamber of Commerce Program: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 421 W Commerce St, Hernando, MS, 38632
- City
- Hernando
- State
- Mississippi
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $137K (FY2013) to $213K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $297KNet assets $112K
Operating margin
14.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$410K
Total liabilities
$297K
Net assets
$112K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $213,391▲12.2% | $183,033▲6.4% | $112,433▲37.4% | $409,863▲24.3% | 990 |
| 2023 | $190,211▲1.9% | $172,081▼14.0% | $81,854▲28.4% | $329,683▲49.9% | 990 |
| 2022 | $186,626▲12.0% | $200,082▲32.5% | $63,725▼17.4% | $219,933▲16.6% | 990 |
| 2021 | $166,604▲35.1% | $151,018▲12.6% | $77,181▲150% | $188,645▲28.0% | 990 |
| 2020 | $123,315▼41.4% | $134,137▼34.9% | $30,871▼28.4% | $147,368▼10.4% | 990 |
| 2018 | $210,559▲21.6% | $206,095▲15.0% | $43,104▲9.4% | $164,504▼1.1% | 990 |
| 2017 | $173,159▲7.4% | $179,258▲13.7% | $39,415▼45.0% | $166,374▼20.2% | 990 |
| 2015 | $161,163▼3.6% | $157,647▲4.4% | $71,673▲5.2% | $208,418▼1.6% | 990 |
| 2014 | $167,148▲21.7% | $151,045▼2.2% | $68,157▲30.9% | $211,821▲269% | 990 |
| 2013 | $137,303 | $154,445▼4.5% | $52,054▼24.8% | $57,392▼21.1% | 990 |
| 2012 | — | $161,727▼3.9% | $69,196▼15.9% | $72,742▼18.7% | 990 |
| 2011 | — | $168,244▲8.1% | $82,246▼38.6% | $89,517▼35.6% | 990 |
| 2010 | — | $155,639 | $134,047 | $138,960 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Hernando Main Street-chamber of Commerce Program a legitimate nonprofit?
- Yes. Hernando Main Street-chamber of Commerce Program is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 64-0901077, based in Hernando, Mississippi.
- What is Hernando Main Street-chamber of Commerce Program's EIN?
- Hernando Main Street-chamber of Commerce Program's Employer Identification Number (EIN) is 64-0901077.
- How much revenue does Hernando Main Street-chamber of Commerce Program report?
- Hernando Main Street-chamber of Commerce Program reported $213,391 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hernando Main Street-chamber of Commerce Program have?
- CharityIndex grades Hernando Main Street-chamber of Commerce Program B, based on financial health (reserves and operating margin).
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Data for Hernando Main Street-chamber of Commerce Program (EIN 64-0901077) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.