Civic Intelligence

Fordham Road District Management Association Inc.

990 • Fiscal year 2020 • EIN 26-0117797

Jul 01, 2019 to Jun 30, 2020 • Filed on May 09, 2021

2488 Grand Concourse Ste 415-416Bronx, NY 10458

(718) 562-2104

Siviq Scores

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

Liabilities / Assets

65th percentile

0.33x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

30th percentile

0.08x

Higher debt load relative to revenue than 30% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

67th percentile

$153,571

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Asset Growth

93rd percentile

99%

Faster asset growth than 93% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$281,206

Up $140,073 (+99%) from 2019

Net Assets

Up

$187,384

Up $187,418 (+551229%) from 2019

Liabilities

Down

$93,822

Down $47,345 (-34%) from 2019

Revenue

Up

$1,204,909

Up $128,920 (+12%) from 2019

Expenses

Up

$1,017,491

Up $26,793 (+2.7%) from 2019

Net Income

Up

$187,418

Up $102,127 (+120%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $42,024Liabilities 2011: $57,050Net Assets 2011: -$15,0262011Assets 2012: $114,819Liabilities 2012: $52,541Net Assets 2012: $62,2782012Assets 2014: $237,236Liabilities 2014: $57,552Net Assets 2014: $179,6842014Assets 2016: $203,622Liabilities 2016: $85,277Net Assets 2016: $118,3452016Assets 2017: $98,177Liabilities 2017: $121,152Net Assets 2017: -$22,9752017Assets 2018: $136,880Liabilities 2018: $222,205Net Assets 2018: -$85,3252018Assets 2019: $141,133Liabilities 2019: $141,167Net Assets 2019: -$342019Assets 2020: $281,206Liabilities 2020: $93,822Net Assets 2020: $187,3842020Assets 2021: $349,651Liabilities 2021: $74,172Net Assets 2021: $275,4792021Assets 2022: $406,001Liabilities 2022: $76,095Net Assets 2022: $329,9062022Assets 2024: $592,837Liabilities 2024: $152,467Net Assets 2024: $440,3702024

Highlighted filing

2020

Assets$281,206
Liabilities$93,822
Net Assets$187,384

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $601,3802011Expenses 2012: $654,2292012Revenue 2014: $805,079Expenses 2014: $723,491Net Income 2014: $81,5882014Revenue 2016: $820,759Expenses 2016: $857,435Net Income 2016: -$36,6762016Revenue 2017: $767,698Expenses 2017: $909,018Net Income 2017: -$141,3202017Revenue 2018: $899,878Expenses 2018: $962,228Net Income 2018: -$62,3502018Revenue 2019: $1,075,989Expenses 2019: $990,698Net Income 2019: $85,2912019Revenue 2020: $1,204,909Expenses 2020: $1,017,491Net Income 2020: $187,4182020Revenue 2021: $1,089,345Expenses 2021: $1,001,250Net Income 2021: $88,0952021Revenue 2022: $1,131,947Expenses 2022: $1,077,520Net Income 2022: $54,4272022Revenue 2024: $1,221,250Expenses 2024: $1,170,581Net Income 2024: $50,6692024

Highlighted filing

2020

Revenue$1,204,909
Expenses$1,017,491
Net Income$187,418
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 9, 2021
Return Version
2019v5.2
Gross Receipts
$1,204,909
Mission and Program Overview

Mission

The organization provides supplemental sanitation, public safety, streetscape improvement, visitor information and commercial support services to property owners, businesses and residents of an area established as a business improvement district.

To promote the vitality and economic growth of the business improvement district located in nyc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$86,968$116,163▲ $29,195
Pledges and Grants Receivable$28,607$106,001▲ $77,394
Cash and Non-Interest-Bearing Accounts$14,982$46,898▲ $31,916
Accounts Receivable-$7,027-
Prepaid Expenses and Deferred Charges$685$558▼ $127
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$141,133$281,206▲ $140,073
Other Assets Total$9,891$4,559▼ $5,332
Liabilities
Accounts Payable and Accrued Expenses$98,982$87,787▼ $11,195
Unsecured Notes Loans Payable$42,185$6,035▼ $36,150
Total Liabilities$141,167$93,822▼ $47,345
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-34$187,384▲ $187,418
Total Net Assets Fund Balance$-34$187,384▲ $187,418
Total Liabilities and Net Assets / Fund Balance$141,133$281,206▲ $140,073

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$3,597$3,597
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wilma AlonsoExecutive DirectorFT$119,405$34,166$153,571
Daniel BernsteinDeputy DirectorFT$107,225$32,591$139,816

Board Members and Trustees

NameTitle
David RoseChairperson
Jason MizrahiVice Chair
Alan JemalBoard-member
Bill De BlasioBoard-member
Frank De LeonardisBoard-member
Melissa DavisBoard-member
Michael HirschhornBoard-member
Ritchie TorresBoard-member
Ruben Diaz JrBoard-member
Samuel JemalBoard-member
Scott M StringerBoard-member
Story HessBoard-member
William ColonaBoard-member
Donald SimonVice Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Streetplus Company LLCMaintenance154 CONOVER STREET, Brooklyn, NY 11231$339,218
Revenue and Support

Revenue Composition

Contributions and Grants
$193,441
Program Service Revenue
$1,010,000
Investment Income
$1,468
Other Revenue
$0
All Other Contributions
$38,856
Change in Net Assets
$187,418

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,204,909
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,204,909
Total Revenue per Form 990
$1,204,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$675,347
Salaries, Compensation, and Employee Benefits$342,144
Total Fundraising Expense$79,278
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$426,268$5,939-$432,207
Other Salaries and Wages$54,105$49,050$30,058$133,213
Current Officers, Directors, Trustees, and Key Employees$50,233$45,540$27,907$123,680
Other Employee Benefits$29,944$19,962$16,636$66,542
Occupancy-$36,762-$36,762
Other Expenses$26,976$4,016-$30,992
Office Expenses$12,312$11,170-$23,482
Payroll Taxes$8,419$5,613$4,677$18,709
Insurance-$10,985-$10,985
Fees for Services Accounting-$10,000-$10,000
Fees for Services Lobbying-$1,081-$1,081
Interest-$762-$762
Total Functional Expenses$737,333$200,880$79,278$1,017,491

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,017,491
Total Expenses per Audited Statements$1,017,491
Total Expenses per Form 990$1,017,491
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 6

Property owners, commercial tenants, and residents are eligible for free membership by filling out a registration card or form.

Form 990, Part VI, Section A, Line 7A

Registered members elect the board of directors at the organization's annual meeting.

Form 990, Part VI, Section B, Line 11B

The 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final 990 (filed with the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended 990 will be filed.

Form 990, Part VI, Section B, Line 12C

The organization enforces the conflict of interest policy by monitoring known relationships, questionnaires, and noting any changes in disclosed information. Any conflict is reviewed by the board before a decision is made as to whether to approve the transaction.

Form 990, Part VI, Section B, Line 15

This review includes researching guidestar, 990s, ny non-profit network annual salary survey, phone calls to other organizations to collect data.

Form 990, Part VI, Section C, Line 19

Financial statements are available on the organization's website, other documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Fordham Road District Management
EIN
26-0117797
Phone
7185622104
Address
2488 GRAND CONCOURSE STE 415-416, BRONX, NY 10458

Signing Officer

Name
Wilma Alonso
Title
Executive Director
Phone
7185622104
Signed
2021-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wilma Alonso
Formed
2005
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
14

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside contractors - sanitation: program service expenses 408,921. Management and general expenses 0. Fundraising expenses 0. Total expenses 408,921. Outside contractors - marketing & promotion: program service expenses 17,347. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,347. Other professional fees: program service expenses 0. Management and general expenses 5,939. Fundraising expenses 0. Total expenses 5,939.

Raw XML AppendixShowing 400 of 532 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
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IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-34
IRS990/NetAssetsOrFundBalancesEOYAmt0187384
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-34
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0187384
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt036762
IRS990/OccupancyGrp/TotalAmt036762
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011170
IRS990/OfficeExpensesGrp/ProgramServicesAmt012312
IRS990/OfficeExpensesGrp/TotalAmt023482
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09891
IRS990/OtherAssetsTotalGrp/EOYAmt04559
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt016636
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019962
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029944
IRS990/OtherEmployeeBenefitsGrp/TotalAmt066542
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES & EXP.
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IRS990/OtherExpensesGrp/ProgramServicesAmt126976
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IRS990/OtherExpensesGrp/TotalAmt130992
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt054105
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133213
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04677
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05613
IRS990/PayrollTaxesGrp/ProgramServicesAmt08419
IRS990/PayrollTaxesGrp/TotalAmt018709
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028607
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0106001
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0685
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0558
IRS990/PrincipalOfficerNm0WILMA ALONSO
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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ASSESSMENT REVENUE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01010000
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0222157
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0125
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0187418
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt086968
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0116163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0193441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0161614
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0104827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt097521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0135486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0692889
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01468
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0195
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02016
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt04767217
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt01010000
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0685078
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt04074328
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01075864
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0767521
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0820564
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04767217
IRS990ScheduleA/TotalSupportAmt04769233
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearAmt00
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus1Amt00
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus2Amt00
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus3Amt00
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt044187
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt042835
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt041719
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt042811
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0171552
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0176749
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0171338
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt0166874
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt0171245
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0686206
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt01081
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt0771
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IRS990ScheduleC/GrassrootsCeilingAmt0257328
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IRS990ScheduleC/LobbyingCeilingAmt01029309
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IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt01016410
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IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt01081
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
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IRS990ScheduleD/ExpensesSubtotalAmt01017491
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00

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