Civic Intelligence

New York Foundation for Architecture Inc DBA Center for Architecture Foundation

990 • Fiscal year 2015 • EIN 22-3047700

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

536 Laguardia PlaceNew York, NY 10012

(212) 358-6131

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

36th percentile

0.05x

Higher debt load relative to revenue than 36% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Net Margin

37th percentile

-1.0%

Higher net margin than 37% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

97th percentile

$224,915

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Asset Growth

30th percentile

-3.0%

Faster asset growth than 30% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

137%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,922,288

Down $90,178 (-3.0%) from 2014

Net Assets

Down

$2,803,703

Down $137,292 (-4.7%) from 2014

Liabilities

Up

$118,585

Up $47,114 (+66%) from 2014

Revenue

Up

$2,578,416

Up $1,492,422 (+137%) from 2014

Expenses

Up

$2,604,317

Up $1,739,416 (+201%) from 2014

Net Income

Down

-$25,901

Down $246,994 (-112%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,135,209Liabilities 2010: $15,839Net Assets 2010: $2,119,3702010Assets 2011: $2,540,674Liabilities 2011: $10,177Net Assets 2011: $2,530,4972011Assets 2012: $2,755,732Liabilities 2012: $84,753Net Assets 2012: $2,670,9792012Assets 2013: $2,789,123Liabilities 2013: $1,756Net Assets 2013: $2,787,3672013Assets 2014: $3,012,466Liabilities 2014: $71,471Net Assets 2014: $2,940,9952014Assets 2015: $2,922,288Liabilities 2015: $118,585Net Assets 2015: $2,803,7032015Assets 2016: $3,321,165Liabilities 2016: $496,284Net Assets 2016: $2,824,8812016Assets 2017: $3,125,677Liabilities 2017: $410,631Net Assets 2017: $2,715,0462017Assets 2018: $2,976,533Liabilities 2018: $473,796Net Assets 2018: $2,502,7372018Assets 2019: $3,071,253Liabilities 2019: $512,667Net Assets 2019: $2,558,5862019Assets 2020: $2,944,086Liabilities 2020: $568,699Net Assets 2020: $2,375,3872020Assets 2021: $3,313,021Liabilities 2021: $791,008Net Assets 2021: $2,522,0132021Assets 2022: $2,638,021Liabilities 2022: $780,494Net Assets 2022: $1,857,5272022Assets 2023: $2,480,501Liabilities 2023: $282,351Net Assets 2023: $2,198,1502023Assets 2024: $2,283,974Liabilities 2024: $139,789Net Assets 2024: $2,144,1852024

Highlighted filing

2015

Assets$2,922,288
Liabilities$118,585
Net Assets$2,803,703

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $719,5692010Expenses 2011: $679,5442011Expenses 2012: $787,1152012Revenue 2013: $854,529Expenses 2013: $896,245Net Income 2013: -$41,7162013Revenue 2014: $1,085,994Expenses 2014: $864,901Net Income 2014: $221,0932014Revenue 2015: $2,578,416Expenses 2015: $2,604,317Net Income 2015: -$25,9012015Revenue 2016: $2,472,854Expenses 2016: $2,346,530Net Income 2016: $126,3242016Revenue 2017: $2,439,597Expenses 2017: $2,666,837Net Income 2017: -$227,2402017Revenue 2018: $2,505,486Expenses 2018: $2,507,749Net Income 2018: -$2,2632018Revenue 2019: $2,406,442Expenses 2019: $2,598,840Net Income 2019: -$192,3982019Revenue 2020: $1,661,539Expenses 2020: $2,004,501Net Income 2020: -$342,9622020Revenue 2021: $2,017,828Expenses 2021: $2,017,672Net Income 2021: $1562021Revenue 2022: $2,190,268Expenses 2022: $2,470,689Net Income 2022: -$280,4212022Revenue 2023: $2,867,015Expenses 2023: $2,563,147Net Income 2023: $303,8682023Revenue 2024: $2,316,416Expenses 2024: $2,413,066Net Income 2024: -$96,6502024

Highlighted filing

2015

Revenue$2,578,416
Expenses$2,604,317
Net Income-$25,901
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$3,409,832
Mission and Program Overview

Mission

To promote public understanding and appreciation of architecture and design through educational programs, public programs, and exhibitions.

The NYFFA promotes public understanding & appreciation of architecture to provide mbrs of the general pub. & the design community a wide exposure & open comm. related to the concepts of architecture, design & urban development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,371,102$1,358,309▼ $12,793
Land, Buildings, and Equipment, Net$1,030,383$1,068,907▲ $38,524
Cash and Non-Interest-Bearing Accounts$416,548$187,595▼ $228,953
Accounts Receivable$42,200$162,433▲ $120,233
Savings and Temporary Cash Investments$86,408$106,068▲ $19,660
Prepaid Expenses and Deferred Charges$58,925$38,976▼ $19,949
Pledges and Grants Receivable$6,900$0▼ $6,900
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,012,466$2,922,288▼ $90,178
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$21,381$78,241▲ $56,860
Deferred Revenue$1,090$25,525▲ $24,435
Other Liabilities$49,000$14,819▼ $34,181
Total Liabilities$71,471$118,585▲ $47,114
Net Assets / Fund Balance
Unrestricted Net Assets$1,908,274$1,770,982▼ $137,292
Temporarily Rstr Net Assets$832,721$832,721→ $0
Permanently Rstr Net Assets$200,000$200,000→ $0
Total Net Assets Fund Balance$2,940,995$2,803,703▼ $137,292
Total Liabilities and Net Assets / Fund Balance$3,012,466$2,922,288▼ $90,178

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$536,828$198,139-
Equipment$98,858$66,052-
Leasehold Improvements$433,221$51,580-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CYNTHIA kRACAUERManaging DirectorFT$195,004$29,911$224,915
Rick BellEd DirectorPT$60,719$73,893$134,612
Revenue and Support

Revenue Composition

Contributions and Grants
$1,520,779
Program Service Revenue
$946,800
Investment Income
$103,687
Other Revenue
$7,150
All Other Contributions
$60,875
Change in Net Assets
$-25,901

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,578,416
Revenue Not Reported on Form 990
$-111,690
Total Revenue per Audited Statements
$2,466,726
Total Revenue per Form 990
$2,578,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,320,630
Salaries, Compensation, and Employee Benefits$1,234,687
Total Fundraising Expense$374,124
Grants and Similar Amounts Paid$49,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$475,792$93,836$91,193$660,821
Current Officers, Directors, Trustees, and Key Employees$214,272$42,259$41,069$297,600
Other Employee Benefits$101,571$20,032$19,468$141,071
Office Expenses$70,697$13,943$13,550$98,190
Payroll Taxes$56,056$11,056$10,744$77,856
Depreciation Depletion$51,074$10,073$9,789$70,936
Other Expenses$41,723$8,229$7,997$57,949
Pension Plan Contributions$41,068$8,100$8,171$57,339
Grants to Domestic Individuals$49,000--$49,000
Travel$17,379$3,427$3,331$24,137
All Other Expenses-$276$16,830$17,106
Insurance$1,438$284$276$1,998
Total Functional Expenses$1,862,576$367,617$374,124$2,604,317

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,604,317
Total Expenses per Audited Statements$2,604,317
Total Expenses per Form 990$2,604,317
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$511,819
Fundraising Gross Income$338,525
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Heritage Ball$1,511,898$213,400$63,939$149,461
Golf Outing$232,871$125,125$4,714$120,411
Total Events$1,744,769$338,525$511,819$-173,294
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$14,819
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is sent for review and comment to all members of both the Board and the Finance Committee.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The NYFFA 990 IS AVAILABLE ON THEIR WEBSITE, WHICH IS WWWW.CFAFOUNDATION.ORG.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
New York Foundation for Architecture Inc
EIN
22-3047700
Phone
2123586131
Address
536 LAGUARDIA PLACE, NEW YORK, NY 10012

Signing Officer

Name
Henry Zachary
Title
finance director
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Tortorella
Formed
1966
Legal Domicile
Ny
Voting Board Members
25
Independent Board Members
24
Employees
5
Volunteers
15

Preparer

Firm
Lederer Levine & Associates LLC
Address
1099 Wall St West Suite 280, Lyndhurst, NJ 07071
Preparer
Kenneth J Lederer
Phone
2019333780
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

THE FOUNDATION's ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt23Trustee
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.14$2.14$2.32$2.41$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.28$2.20$2.87$2.56$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.78$1.86$2.19$2.47$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.79$2.52$2.02$2.02$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.57$2.38$1.66$2.00$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$0.51$2.56$2.41$2.60$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.47$2.50$2.51$2.51$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$0.41$2.72$2.44$2.67$0.23
2016Summary only. Only limited summary data is available for this year.$3.32$0.50$2.82$2.47$2.35$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.92$0.12$2.80$2.58$2.60$0.03
2014Summary only. Only limited summary data is available for this year.$3.01$0.07$2.94$1.09$0.86$0.22
2013Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.85$0.90$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.08$2.67$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.01$2.53$0.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.02$2.12$0.72