Civic Intelligence

Southern Boulevard District Management Association Inc.

990 • Fiscal year 2023 • EIN 26-3497932

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 05, 2024

1236 Virginia Avenue 3DBronx, NY 10472

(929) 493-9919

Siviq Scores

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

Liabilities / Assets

76th percentile

0.04x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • NTEE S20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • NTEE S20 • <$500k nonprofits • Source year 2023

Net Margin

61st percentile

21%

Higher net margin than 61% of similar nonprofits.

2023 filings • NTEE S20 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$37,500

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2023 filings • NTEE S20 • <$500k nonprofits • Source year 2023

Asset Growth

91st percentile

143%

Faster asset growth than 91% of similar nonprofits.

2023 filings • NTEE S20 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

25%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • NTEE S20 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$59,763

Up $35,165 (+143%) from 2022

Net Assets

Up

$57,451

Up $60,890 (+1771%) from 2022

Liabilities

Down

$2,312

Down $25,725 (-92%) from 2022

Revenue

Up

$284,813

Up $56,972 (+25%) from 2022

Expenses

Up

$223,923

Up $6,201 (+2.8%) from 2022

Net Income

Up

$60,890

Up $50,771 (+502%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2011: $116,780Liabilities 2011: $4,981Net Assets 2011: $111,7992011Assets 2012: $95,964Liabilities 2012: $3,605Net Assets 2012: $92,3592012Assets 2014: $76,602Liabilities 2014: $10,033Net Assets 2014: $66,5692014Assets 2015: $83,285Liabilities 2015: $10,033Net Assets 2015: $73,2522015Assets 2018: $84,907Liabilities 2018: $11,170Net Assets 2018: $73,7372018Assets 2020: $28,816Liabilities 2020: $46,444Net Assets 2020: -$17,6282020Assets 2021: $10,163Liabilities 2021: $23,722Net Assets 2021: -$13,5592021Assets 2022: $24,598Liabilities 2022: $28,037Net Assets 2022: -$3,4392022Assets 2023: $59,763Liabilities 2023: $2,312Net Assets 2023: $57,4512023Assets 2024: $124,904Liabilities 2024: $5,126Net Assets 2024: $119,7782024Assets 2025: $110,973Liabilities 2025: $7,465Net Assets 2025: $103,5082025

Highlighted filing

2023

Assets$59,763
Liabilities$2,312
Net Assets$57,451

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $198,4952011Revenue 2012: $180,592Expenses 2012: $200,032Net Income 2012: -$19,4402012Revenue 2014: $191,158Expenses 2014: $181,246Net Income 2014: $9,9122014Revenue 2015: $191,557Expenses 2015: $184,874Net Income 2015: $6,6832015Revenue 2018: $192,090Expenses 2018: $195,533Net Income 2018: -$3,4432018Revenue 2020: $218,502Expenses 2020: $282,694Net Income 2020: -$64,1922020Revenue 2021: $200,001Expenses 2021: $195,932Net Income 2021: $4,0692021Revenue 2022: $227,841Expenses 2022: $217,722Net Income 2022: $10,1192022Revenue 2023: $284,813Expenses 2023: $223,923Net Income 2023: $60,8902023Revenue 2024: $376,809Expenses 2024: $314,481Net Income 2024: $62,3282024Revenue 2025: $358,177Expenses 2025: $374,447Net Income 2025: -$16,2702025

Highlighted filing

2023

Revenue$284,813
Expenses$223,923
Net Income$60,890
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 5, 2024
Return Version
2022v5.0
Gross Receipts
$284,813
Mission and Program Overview

Mission

Southern Boulevard District Management Association promotes the growth, vitality, and visibility of the commercial corridor in the Hunts Point and Longwood community in the Bronx, New York.

Southern boulevard district management association promotes the growth, vitality and visability of the commerical corridor in the hunts point and longwood community in the bronx, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,402$36,075▲ $15,673
Pledges and Grants Receivable-$18,750-
Prepaid Expenses and Deferred Charges$2,414$3,079▲ $665
Land, Buildings, and Equipment, Net$1,782$1,859▲ $77
Total Assets$24,598$59,763▲ $35,165
Liabilities
Accounts Payable and Accrued Expenses$28,037$2,312▼ $25,725
Total Liabilities$28,037$2,312▼ $25,725
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,439$57,451▲ $60,890
Total Net Assets Fund Balance$-3,439$57,451▲ $60,890
Total Liabilities and Net Assets / Fund Balance$24,598$59,763▲ $35,165

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,859$3,791$5,650
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Miles BurnettExecutive DiFT$37,500$37,500
Javier MedinaExecutive DiFT$10,000$10,000
Revenue and Support

Revenue Composition

Contributions and Grants
$284,660
Program Service Revenue
$0
Investment Income
$153
Other Revenue
$0
All Other Contributions
$9,660
Change in Net Assets
$60,890

Audited Revenue Reconciliation

Revenue per Audited Statements
$284,813
Total Revenue per Audited Statements
$284,813
Total Revenue per Form 990
$284,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,766
Salaries, Compensation, and Employee Benefits$98,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$27,308$20,192-$47,500
Other Salaries and Wages$24,640$18,220-$42,860
Fees for Services Other$19,252$17,253-$36,505
Fees for Services Accounting-$16,842-$16,842
Advertising$10,731--$10,731
Office Expenses$1,941$8,553-$10,494
Payroll Taxes$4,444$3,353-$7,797
Insurance$3,881$789-$4,670
Other Expenses$3,685--$3,685
Information Technology-$912-$912
Depreciation Depletion$873--$873
Travel$54$54-$108
Total Functional Expenses$137,755$86,168$0$223,923

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$223,923
Total Expenses per Audited Statements$223,923
Total Expenses per Form 990$223,923
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
No
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

Copies of governing documents, conflict of interest policies and financial statements are available upon request.

Form 990, Page 6, Part VI, Line 11B

Management reviews the form 990 for correctness and completeness. The form 990 is made available to the board members before filing.

Form 990, Page 6, Part VI, Line 12C

Form 990, part vi, line 12 c - enforcement of conflicts policy. Any potential conflict of interest must be disclosed and the governing board shall review and decide if a conflict exists.

Form 990, Page 6, Part VI, Line 15A

Governing board approves executive director compensations.

Form 990, Page 6, Part VI, Line 15B

Governing board approves key officers compensations.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Southern Boulevard District
EIN
26-3497932
Phone
9294939919
Address
1236 VIRGINIA AVENUE 3D, BRONX, NY 10472

Signing Officer

Name
Javier Medina
Title
Executive Director
Phone
9294939919
Signed
2024-01-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Javier Medina
Formed
2008
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
4

Preparer

Firm
Gma & Associates LLC
Address
60 OLD NEW MILFORD ROAD UNIT 1F, BROOKFIELD, CT 06804
Preparer
Gamal Abdulrahman
Phone
2032403890
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Southern boulevard district managment association has signed a contract with new york city department of small business services to promote the growth, vitality, and visibility of the commerical corridor in the hunts point and longwood community, located in the bronx, new york.

Form 990, Part IX, Line 11G

Consultants 19,252 14,938 0 payroll service fees 0 2,315 0 total 19,252 17,253 0

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IRS990/OtherExpensesGrp/Desc2COMMUNITY EVENTS
IRS990/OtherExpensesGrp/Desc3LANDSCAPING PROGRAM
IRS990/OtherExpensesGrp/ProgramServicesAmt019500
IRS990/OtherExpensesGrp/ProgramServicesAmt114212
IRS990/OtherExpensesGrp/ProgramServicesAmt27234
IRS990/OtherExpensesGrp/ProgramServicesAmt33685
IRS990/OtherExpensesGrp/TotalAmt019500
IRS990/OtherExpensesGrp/TotalAmt114212
IRS990/OtherExpensesGrp/TotalAmt27234
IRS990/OtherExpensesGrp/TotalAmt33685
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018220
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024640
IRS990/OtherSalariesAndWagesGrp/TotalAmt042860
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03353
IRS990/PayrollTaxesGrp/ProgramServicesAmt04444
IRS990/PayrollTaxesGrp/TotalAmt07797
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt018750
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02414
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03079
IRS990/PrincipalOfficerNm0JAVIER MEDINA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SOUTHERN BOULEVARD DISTRICT MANAGMENT ASSOCIATION HAS SIGNED A CONTRACT WITH NEW YORK CITY DEPARTMENT OF SMALL BUSINESS SERVICES TO PROMOTE THE GROWTH, VITALITY, AND VISIBILITY OF THE COMMERICAL CORRIDOR IN THE HUNTS POINT AND LONGWOOD COMMUNITY, LOCATED IN THE BRONX, NEW YORK.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0137755
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0227840
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt080531
IRS990/PYRevenuesLessExpensesAmt010119
IRS990/PYSalariesCompEmpBnftPaidAmt0137191
IRS990/PYTotalExpensesAmt0217722
IRS990/PYTotalRevenueAmt0227841
IRS990/ReconcilationRevenueExpnssAmt060890
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0284660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0227842
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0200001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0218174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01123177
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0153
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01123177
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0284660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0227842
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0200001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0218174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01123177
IRS990ScheduleA/TotalSupportAmt01123177
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01859
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03791
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05650
IRS990ScheduleD/ExpensesSubtotalAmt0223923
IRS990ScheduleD/RevenueSubtotalAmt0284813
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01859
IRS990ScheduleD/TotalExpensesPerForm990Amt0223923
IRS990ScheduleD/TotalRevenuePerForm990Amt0284813
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0284813
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0223923
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOUTHERN BOULEVARD DISTRICT MANAGMENT ASSOCIATION HAS SIGNED A CONTRACT WITH NEW YORK CITY DEPARTMENT OF SMALL BUSINESS SERVICES TO PROMOTE THE GROWTH, VITALITY, AND VISIBILITY OF THE COMMERICAL CORRIDOR IN THE HUNTS POINT AND LONGWOOD COMMUNITY, LOCATED IN THE BRONX, NEW YORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT REVIEWS THE FORM 990 FOR CORRECTNESS AND COMPLETENESS. THE FORM 990 IS MADE AVAILABLE TO THE BOARD MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, LINE 12 C - ENFORCEMENT OF CONFLICTS POLICY. ANY POTENTIAL CONFLICT OF INTEREST MUST BE DISCLOSED AND THE GOVERNING BOARD SHALL REVIEW AND DECIDE IF A CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING BOARD APPROVES EXECUTIVE DIRECTOR COMPENSATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING BOARD APPROVES KEY OFFICERS COMPENSATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONSULTANTS 19,252 14,938 0 PAYROLL SERVICE FEES 0 2,315 0 TOTAL 19,252 17,253 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt024598
IRS990/TotalAssetsEOYAmt059763
IRS990/TotalAssetsGrp/BOYAmt024598
IRS990/TotalAssetsGrp/EOYAmt059763
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0284660
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt086168
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0137755
IRS990/TotalFunctionalExpensesGrp/TotalAmt0223923
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028037
IRS990/TotalLiabilitiesEOYAmt02312
IRS990/TotalLiabilitiesGrp/BOYAmt028037
IRS990/TotalLiabilitiesGrp/EOYAmt02312
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3439
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt057451
IRS990/TotalOtherProgSrvcExpenseAmt0137755
IRS990/TotalProgramServiceExpensesAmt0137755
IRS990/TotalReportableCompFromOrgAmt047500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0153
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0284813
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt024598
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt059763
IRS990/TravelGrp/ManagementAndGeneralAmt054
IRS990/TravelGrp/ProgramServicesAmt054
IRS990/TravelGrp/TotalAmt0108
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01236 VIRGINIA AVENUE
IRS990/USAddress/AddressLine2Txt0UNIT 3D
IRS990/USAddress/CityNm0BRONX
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010472
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.SOUTHERNBLVDBID.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z

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