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Nonprofit · EIN 82-2524096

FRIENDS OF GEORGETOWN

Also known as GEORGETOWN MAIN STREET

Tax-exempt · WASHINGTON, DC 20007

Financials

$242K$248K2022$322K$307K2023$313K$329K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF GEORGETOWN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$312,861$329,014-$16,153$47,391$3,135$44,256
September 30, 2024990$322,036$307,107$14,929$64,496$4,087$60,409
September 30, 2023990$241,571$248,095-$6,524$51,798$6,318$45,480
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$278,814
of which government grants
$239,205
Program service revenue
$34,036
Investment income
$11
Other revenue
$0

Expenses

Grants and similar amounts paid
$45,000
Compensation of officers, directors and key employees
$81,955
Other salaries and wages
$3,409
Salaries, compensation and benefits (total)
$92,376
Professional fundraising fees
$0
Accounting fees
$7,193
Occupancy
$8,092
Travel
$1,930
Program services (functional)
$289,439
Management and general (functional)
$36,656
Fundraising (functional)
$2,919

Balance sheet and other

Total assets, start of year
$64,496
Total assets, end of year
$47,391
Total liabilities, end of year
$3,135
Net assets, end of year
$44,256
Land, buildings and equipment
$19,803
Net assets without donor restrictions
$44,256
Gross receipts
$312,861
Employees
1
Volunteers
100
Year formed
2017
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RACHEL SHANKEXECUTIVE DIRECTOR
Officer
40$77,361$2,321
IESHA HOLYCHAIR
Trustee or director, Officer
2$0$0
VICKI JOHNSONVICE CHAIR
Trustee or director, Officer
2$0$0
JUAN DROMGOOLEVICE CHAIR (UNTIL 4/2025)
Trustee or director, Officer
2$0$0
RIAN HOLTTREASURER
Trustee or director, Officer
2$0$0
MARY BETH HASTYSECRETARY
Trustee or director, Officer
2$0$0
COLLEEN GIROUARDBOARD MEMBER
Trustee or director
2$0$0
ALEX WALKERBOARD MEMBER
Trustee or director
2$0$0
ELLEN WAUGHBOARD MEMBER
Trustee or director
2$0$0
ANN GOLDSTEINBOARD MEMBER
Trustee or director
2$0$0
ALLISON COOKEBOARD MEMBER
Trustee or director
2$0$0
DUK-KI YUBOARD MEMBER
Trustee or director
2$0$0
CHARISSA BENJAMINBOARD MEMBER
Trustee or director
2$0$0
GEOFFREY DAWSONBOARD MEMBER
Trustee or director
2$0$0
TREVOR WADDELLBOARD MEMBER
Trustee or director
2$0$0
2 more people on this return
NameTitleHours / weekCompensation
MELANIE HAYESBOARD MEMBER (AS OF 4/2025)
Trustee or director
2$0
GWENDOLYN COLEMANBOARD MEMBER (AS OF 4/2025)
Trustee or director
2$0
990 for the year ended September 30, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
RACHEL SHANKEXECUTIVE DIRECTOR
Officer
40$75,500$2,287
IESHA HOLYCHAIR
Trustee or director, Officer
2$0$0
JUAN DROMGOOLEVICE CHAIR
Trustee or director, Officer
2$0$0
TREVOR WADDELLTREASURER
Trustee or director, Officer
2$0$0
MARY BETH HASTYSECRETARY
Trustee or director, Officer
2$0$0
DUK-KI YUBOARD MEMBER
Trustee or director
1$0$0
VICKI JOHNSONBOARD MEMBER
Trustee or director
1$0$0
COLLEEN GIROUARDBOARD MEMBER
Trustee or director
1$0$0
ALEX WALKERBOARD MEMBER
Trustee or director
1$0$0
ELLEN WAUGHBOARD MEMBER
Trustee or director
1$0$0
ANN GOLDSTEINBOARD MEMBER
Trustee or director
1$0$0
GEOFFREY DAWSONBOARD MEMBER
Trustee or director
1$0$0
ALLISON COOKEBOARD MEMBER
Trustee or director
1$0$0
RIAN HOLTBOARD MEMBER
Trustee or director
0.5$0$0
CHARISSA BENJAMINBOARD MEMBER
Trustee or director
0.5$0$0
990 for the year ended September 30, 2023: 14 people
NameTitleHours / weekCompensation
RACHEL SHANKEXECUTIVE DIRECTOR
Officer
40$66,000
MELANIE HAYESCHAIR
Trustee or director, Officer
5$0
IESHA HOLYVICE CHAIR
Trustee or director, Officer
5$0
TREVOR WADDELLTREASURER
Trustee or director, Officer
5$0
JUAN DROMGOOLESECRETARY
Trustee or director, Officer
5$0
DUK-KI YUBOARD MEMBER
Trustee or director
2$0
VICKI JOHNSONBOARD MEMBER
Trustee or director
2$0
COLLEEN GIROUARDBOARD MEMBER
Trustee or director
2$0
ALEX WALKERBOARD MEMBER
Trustee or director
2$0
ELLEN WAUGHBOARD MEMBER
Trustee or director
2$0
ANN GOLDSTEINBOARD MEMBER
Trustee or director
2$0
GEOFFREY DAWSONBOARD MEMBER
Trustee or director
2$0
MARY BETH HASTYBOARD MEMBER
Trustee or director
2$0
ALLISON COOKEBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1055 THOMAS JEFFERSON ST NW STE 304, WASHINGTON, DC 20007-5259
In care of
% RACHEL SHANK
Principal officer (990 for 2024)
RACHEL SHANK, 1000 POTOMAC STREET NW 122, WASHINGTON, DC 20007
Signed the 990
RACHEL SHANK, EXECUTIVE DIRECTOR
Phone
(202) 656-4427
Return prepared by
CLIFTONLARSONALLEN

Mission

GEORGETOWN MAIN STREET'S MISSION IS TO STRENGTHEN THE VITALITY OF GEORGETOWN'S SMALL BUSINESSES BY REPRESENTING, PROMOTING, AND SUPPORTING THE WISCONSIN AVENUE COMMERCIAL CORRIDOR AND ENGAGING RESIDENTS, BUSINESSES, COMMUNITY ORGANIZATIONS, AND VISITORS TO BUILD A VIBRANT GEORGETOWN.

990 for the year ended September 30, 2025

Program accomplishments

  • IN FURTHERANCE OF ITS GOALS TO STRENGTHEN THE VITALITY OF GEORGETOWN'S SMALL BUSINESSES BY REPRESENTING, PROMOTING, AND SUPPORTING THE WISCONSIN AVENUE COMMERCIAL CORRIDOR, THE ORGANIZATION AWARDED DIRECT GRANTS AND SUPPORT TO SMALL BUSINESS IN ADDITION TO PROVIDING TIMELY AND RELEVANT INFORMATION TO HELP SMALL BUSINESSES. THE ORGANIZATION HOSTED EVENTS TO ENCOURAGE VISITORS TO ENJOY GEORGETOWN.
    Expenses $289,439 · grants $45,000 · revenue $34,036

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
82-2524096
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$47,391
Income (IRS master file)
$312,861

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$312,861$329,014$47,391XML
990September 2024$322,036$307,107$64,496XML
990September 2023$241,571$248,095$51,798XML
990September 2022$227,374$207,878$52,028IRS
990-EZSeptember 2021–––IRS
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2524096).

Questions about FRIENDS OF GEORGETOWN

What is the EIN of FRIENDS OF GEORGETOWN?
The employer identification number (EIN) of FRIENDS OF GEORGETOWN is 82-2524096.
Is FRIENDS OF GEORGETOWN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to FRIENDS OF GEORGETOWN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF GEORGETOWN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF GEORGETOWN due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF GEORGETOWN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of FRIENDS OF GEORGETOWN?
The 990 for the year ended September 30, 2025 names RACHEL SHANK.
Who are the officers and directors of FRIENDS OF GEORGETOWN?
The 990 for the year ended September 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $77,361 (RACHEL SHANK, EXECUTIVE DIRECTOR).
How much revenue does FRIENDS OF GEORGETOWN have?
On its 990 for the year ended September 30, 2025 it reported revenue of $312,861, expenses of $329,014 and total assets of $47,391 at year end.

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