Ormond Main Street Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 30% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO SUPPORT HISTORIC PRESERVATION AND RESTORATION AND TO SUPPORT CONSISTENT DOWNTWON DESIGN AND DEVELOPMENT. TO PROMOT COMMUNITY THROUGH EVENTS, ADVERTISING, COLLATERAL MATERIALS AND SOCIAL MEDIA.
- Income
- $493,251
- Spending
- $445,212
- Spent on programs
- 30%
- Reserves
- 6.2 months of spending
- Largest source of income
- fees for its services, 57%
- Employees
- 2
- Volunteers
- 250
- Highest pay
- $70,276, executive director
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 53% of charities in its peer group (community improvement, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 6.2 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 45% on the year before.
Spending floor
0 of 1530% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 76 out of 100. Higher than 51% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 2517 of 18 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $83,134 spent. ORMOND BEACH CELTIC FESTIVAL: OUR AWARD-WINNING 2-DAY ANNUAL FESTIVAL FEATURING FIVE STAGES OF LIVE MUSIC, TRADITIONAL CELTIC FOOD & VENDORS, CELTIC CLANS, HGHLAND GAMES, AND PLENTY OF ACTIVITIES FOR THE WEE ONES. THE EVENT ALSO HAS SHEEP HERDING, IRISH DANCING, RUGBY DEMONSTRATIONS, AXE THROWING AND DOG PARADE. PET FRIENDLY 7 FAMILY FRIENDLY. APPROXIMATE ATTENDANCE: 7000
- $38,477 spent. ORMOND BEACH RIVERFEST: OUR MOST COMMUNITY-ORIENTED EVENT, THE ANNUAL ORMOND BEACH RIVERFEST SEAFOOD FESTIVAL IS A FREE TWO-DAY COMMUNITY CELEBRATION OF SEAFOOD, ACTIVITIES, LIVE MUSIC AND MORE. WHETHER YOU PREFER SHOPPING, WATCHING THE BIG GAME WITH A COLD BEVERAGE, LETTING THE KIDS PLAY, OR JUST SITTING BACK, LISTENING TO SOME GREAT BANDS AND ENJOYING THE VIEW WITH A PLATE OF FRESH SEAFOOD, REVERFEST HAS SOMETHING FOR EVERYONE TO LOVE. LIVE PERFORMANCES ALL DAY LONG ON THE MAIN STAGEPLENTY OF SEAFOOD TO EAT (AND NONSEAFOOD OPTIONS, TOO) EVENT ACTIVITIES INCLUDE: PUB AREAS STREAMING LIVE FOOTBALL, LOTS OF ARTISTS, CRAFTERS & LOCAL BUSINESSES. PADDLE PUB OR PADDLE BOARD, FREE KIDS ZONE WITH EXOTIC ANIMALS, BOUNCY HOUSES, GAMES, FOAM PARTY AND RIVERFEST FREE KIDS FISHING LCINIC & POL GIVEAWAY! PET FRIENDLY
- $12,573 spent. FARMER MARKET: THE ORGANIZATION PROVIDES A WEEKLY FARMERS MARKET ON CITY HALL PLAZA EVERY THURSDAY MORNING FROM 8 AM - 1 PM. THE MARKET IS DESIGNED TO FOSTER SUPPORT FOR OUR LOCAL GROWERS AND ARTISANS; HELP DEVELOP ENTREPRENEURS AND SMALL BUSINESS OWNERS; BRING PEOPLE INTO THE DOWNTOWN DISTRICT
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.