Form 990 for tax year 2024
Filed by EAGLE MARKET STREETS DEVELOPMENT.
Totals
- Total revenue
- $2,631,210
- Total expenses
- $2,598,277
- Contributions and grants received
- $2,459,117
- Grants paid
- $559,774
- Program service revenue
- $135,823
- Investment income
- $14,660
- Other revenue
- $21,610
- Total assets, end of year
- $4,507,257
- Total liabilities, end of year
- $2,312,077
- Net assets or fund balances, end of year
- $2,195,180
- Program services expenses (Part IX)
- $2,288,470
- Management and general expenses
- $309,807
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,288,470
Program services were 88.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$35,514
-
1e · Government grants (contributions)
$393,475
-
1f · All other contributions, gifts and grants
$2,030,128
-
2a · Program service revenue: FISCAL SPONSORSHIP
total $129,747 · related or exempt $129,747
-
2b · Program service revenue: CVC CAFE
total $6,076 · related or exempt $6,076
-
3 · Investment income
total $14,660 · related or exempt $14,660
-
6a · Gross rents
real property $22,945
-
6c · Rental income or loss
real property $22,945
-
6d · Net rental income or loss
total $22,945 · excluded $22,945
-
10a · Gross sales of inventory
$138
-
10b · Cost of goods sold
$1,473
-
10c · Net income from sales of inventory
total -$1,335 · excluded -$1,335
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $559,774 · program services $559,774
-
5 · Compensation of officers, directors and key employees
total $40,608 · program services $30,456 · management and general $10,152
-
7 · Other salaries and wages
total $231,872 · program services $173,904 · management and general $57,968
-
9 · Other employee benefits
total $3,344 · program services $2,508 · management and general $836
-
10 · Payroll taxes
total $15,372 · program services $11,529 · management and general $3,843
-
11b · Fees: legal
total $3,435 · management and general $3,435
-
11c · Fees: accounting
total $4,478 · management and general $4,478
-
11g · Fees: other
total $1,234,227 · program services $1,051,334 · management and general $182,893
-
12 · Advertising and promotion
total $13,049 · program services $13,049
-
13 · Office expenses
total $249,828 · program services $212,354 · management and general $37,474
-
16 · Occupancy
total $29,700 · program services $22,275 · management and general $7,425
-
17 · Travel
total $10,362 · program services $10,362
-
20 · Interest
total $133,377 · program services $133,377
-
21 · Payments to affiliates
total $13,031 · program services $11,728 · management and general $1,303
-
22 · Depreciation, depletion and amortization
total $55,820 · program services $55,820
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $914,710 · end of year $1,084,297
-
4 · Accounts receivable
beginning of year $683,753 · end of year $469,153
-
8 · Inventories for sale or use
beginning of year $10,000 · end of year $7,469
-
10a · Land, buildings and equipment: cost or other basis
$2,314,927
-
10b · Land, buildings and equipment: accumulated depreciation
$263,377
-
10c · Land, buildings and equipment, net
beginning of year $2,107,371 · end of year $2,051,550
-
11 · Investments: publicly traded securities
beginning of year $512,629 · end of year $745,054
-
12 · Investments: other securities
beginning of year $131,234 · end of year $131,234
-
15 · Other assets
beginning of year $12,385 · end of year $18,500
-
17 · Accounts payable and accrued expenses
beginning of year $32,953 · end of year $51,989
-
19 · Deferred revenue
end of year $98,790
-
23 · Secured mortgages and notes payable
beginning of year $2,086,856 · end of year $2,081,935
-
24 · Unsecured notes and loans payable
beginning of year $10,186 · end of year $9,000
-
25 · Other liabilities
beginning of year $79,840 · end of year $70,363
-
27 · Net assets without donor restrictions
beginning of year $2,162,247 · end of year $1,327,515
-
28 · Net assets with donor restrictions
end of year $867,665
Mission and programs · 2024
Mission
TO DEVELOP PEOPLE, PROPERTY, AND BUSINESSES, AND ENVISION EQUITABLE, SOCIO-ECONOMIC JUSTICE FOR ALL.
-
ALL PROGRAMS RELATE TO COMMUNITY AND PROPERTY DEVELOPMENT,ECONOMIC BUSINESS, AND WORKFORCE DEVELOPMENT, WHERE COMMUNITIES OF COLOR AND UNDERSERVED POPULATIONS ARE ELEVATED FROM POVERTY BY MEANS OF EDUCATION AND SOCIAL ENTREPRENEURSHIP.
Expenses $2,288,470 · Grants $559,774
As filed on the 2024 return.
Listed in Part VII
-
Stephanie S TwittySTEPHANIE S TWITTY
PRESIDENT CE
- Total calculated
- $40,608
- From this org
- $40,608
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Matthew BacoateMATTHEW BACOATE
BOARD ADVISO
- Total calculated
- $0
- Hours/week
- 0
-
Marvin ChambersMARVIN CHAMBERS
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Rosie HarrellROSIE HARRELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Quentin MillerQUENTIN MILLER
ADVISORY MEM
- Total calculated
- $0
- Hours/week
- 0
-
Carolina Siliceo PerezCAROLINA SILICEO PEREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Elizabeth RussellELIZABETH RUSSELL
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Lajune WaterfordLAJUNE WATERFORD
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
RACIAL JUSTICE COALITION OF AVL
$108,801
ROBERT JOHNSON GRANT
-
SPILLWAY
$75,000
OPERATIONS SUPPORT
-
YVETTE SMITH JIVES FOR HERS LLC
$71,950
DWHT GRANT
-
$66,000
COTHINKK AWARD
-
KAIROS WEST COMMUNITY CENTER
$60,000
OPERATIONS SUPPORT
-
THE GRIND
$60,000
OPERATIONS SUPPORT
-
MS LEAN
$52,000
OPERATIONS SUPPORT
-
WEST MARION COMMUNITY FORUM INC
$49,493
KATE REYNOLDS GRANT
-
MILL CREEK PROPERTIES
$16,530
PARKLET LEASE SUPPOR
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543219349328039
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.