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Ohio · Nonprofit

TROY MAIN STREET

TROY MAIN STREET (Ohio) receives grants from 4 organizations whose IRS filings report $318,174 to it, the largest being THE TROY FOUNDATION ($279,919). 2 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$214k
Funders on record
4
Grants received
$318k
Net assets
$311k
2/4 repeat funderspeak grant-dependency 29%
01What it does

What Troy Main Street does

Mission

To provide for the continued economic and architectural soundness of the downtown area of the city of troy, ohio,with a comprehensive revitalization strategy to stimulate economic development and to act as liaison between the downton businesses and local government. The mission of Troy Main Street is to coordinate the efforts of all those dedicated to making downtown troy a better place to live, work, shop, celebrate, and invest.

As stated on its FY2024 Form 990.

Program

  1. Troy Main Street continued its work to strengthen and enhance the economic vitality and visual appeal of downtown troy. The organization coordinated beautification projects including seasonal flowerpots, public art installations, and maintenance of placemaking features that improve the experience for residents and visitors. Staff worked closely with downtown businesses, property owners, and the city of troy to support storefront improvements, encourage investment, and address district needs. These efforts contributed to increased foot traffic, a more welcoming environment, and ongoing private-sector engagement in the downtown core. In 2024, Troy Main Street produced a full calendar of community events designed to draw visitors, support local businesses, and strengthen civic pride. Major events included the grand illumination, taste of troy, hometown halloween, fridays on prouty concert series, donut jam, and numerous holiday activities. These events collectively attracted thousands of attendees and provided significant economic benefit to downtown merchants. The organization also executed marketing campaigns, business spotlights, and downtown promotional materials that encouraged…

    $195,576 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $195,576.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($294k) Expenses 100 ($433k) Net assets 100 ($139k)2018 Revenue 81 ($237k) Expenses 46 ($199k) Net assets 127 ($177k)2019 Revenue 57 ($166k) Expenses 36 ($157k) Net assets 134 ($186k)2020 Revenue 62 ($183k) Expenses 36 ($156k) Net assets 154 ($213k)2021 Revenue 60 ($177k) Expenses 39 ($169k) Net assets 160 ($222k)2022 Revenue 66 ($195k) Expenses 28 ($123k) Net assets 212 ($293k)2023 Revenue 63 ($185k) Expenses 43 ($186k) Net assets 211 ($292k)2024 Revenue 73 ($214k) Expenses 45 ($196k) Net assets 224 ($311k)
'17'18'19'20'21'22'23'24
Revenue (73)Expenses (45)Net assets (224)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $222k to $293k (+32%).

$139k
$177k
$186k
$213k
$222k
$293k
$292k
$311k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 24% · 2018 23% · 2019 33% · 2023 32%. Grants only. Government contracts and fees sit inside program revenue.

83% of TROY MAIN STREET’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$138k
’17
$38k
’18
$10k
’19
$27k
’20
$9k
’21
$72k
’22
−$682
’23
$18k
’24
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed1112121616161613
Joined·+3+3+7+5+1+3+6
No longer listed·2335139
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $70k → $26k.

Funder
'17
'18
'19
'20
'22
'23
'24*
total
funders
2
2
1
2
2
1
1

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 88% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TROY MAIN STREET’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TROY MAIN STREET leans on a few funders — its largest provides 88% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TROY MAIN STREET.

88%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 83% · 2018 84% · 2019 100% · 2020 100% · 2022 71% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

88% of TROY MAIN STREET's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $38k that is directly attributable, 100% of it comes from Ohio funders.

OH

In-state vs out-of-state, by year

’17
’18
’22
Ohio out of state home

Funder states come from each funder’s own filing. $280k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TROY MAIN STREET holds deeper cash reserves than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin9% · above the median
Months of reserve19.1mo · top quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like TROY MAIN STREET

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for TROY MAIN STREET: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TROY MAIN STREET?
TROY MAIN STREET (Ohio) receives grants from 4 organizations whose IRS filings report $318,174 to it, the largest being THE TROY FOUNDATION ($279,919). 2 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TROY MAIN STREET have?
IRS filings report 4 organizations giving $318,174 in grants to TROY MAIN STREET, 2 of which have funded it in more than one year.
Who is the largest funder of TROY MAIN STREET?
THE TROY FOUNDATION is the largest funder on record, with $279,919 in grants. The full list of funders is on this page.
How can an organization like TROY MAIN STREET find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Troy Main Street →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing