Civic Intelligence

Mayfair Business Improvement District Inc

EIN 81-1075227 • 501(c)3 • Philadelphia, PA

Profile

Works to foster a vibrant and inviting commercial district through cleaning and public safety activities, marketing, and capital improvements

2990 St Vincent Street 2nd FloorPhiladelphia, PA 19149

mayfairphilly.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.03x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

18th percentile

-18%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,221,407

Up $129,640 (+12%) from 2023

Liabilities

Up

$23,030

Up $9,027 (+64%) from 2023

Net Assets

Up

$1,198,377

Up $120,613 (+11%) from 2023

Revenue

Down

$572,962

Down $47,862 (-7.7%) from 2023

Expenses

Up

$452,349

Up $120,928 (+36%) from 2023

Net Income

Down

$120,613

Down $168,790 (-58%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2016: $464,826Liabilities 2016: $284,421Net Assets 2016: $180,4052016Assets 2017: $320,078Liabilities 2017: $10,150Net Assets 2017: $309,9282017Assets 2018: $373,308Liabilities 2018: $34,642Net Assets 2018: $338,6662018Assets 2019: $423,833Liabilities 2019: $203,431Net Assets 2019: $220,4022019Assets 2020: $507,950Liabilities 2020: $116,239Net Assets 2020: $391,7112020Assets 2021: $674,155Liabilities 2021: $29,204Net Assets 2021: $644,9512021Assets 2022: $802,006Liabilities 2022: $13,645Net Assets 2022: $788,3612022Assets 2023: $1,091,767Liabilities 2023: $14,003Net Assets 2023: $1,077,7642023Assets 2024: $1,221,407Liabilities 2024: $23,030Net Assets 2024: $1,198,3772024

Highlighted filing

2024

Assets$1,221,407
Liabilities$23,030
Net Assets$1,198,377

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2016: $278,646Expenses 2016: $98,241Net Income 2016: $180,4052016Revenue 2017: $275,862Expenses 2017: $146,339Net Income 2017: $129,5232017Revenue 2018: $399,545Expenses 2018: $370,807Net Income 2018: $28,7382018Revenue 2019: $450,674Expenses 2019: $568,938Net Income 2019: -$118,2642019Revenue 2020: $413,269Expenses 2020: $271,410Net Income 2020: $141,8592020Revenue 2021: $519,482Expenses 2021: $266,242Net Income 2021: $253,2402021Revenue 2022: $427,327Expenses 2022: $283,917Net Income 2022: $143,4102022Revenue 2023: $620,824Expenses 2023: $331,421Net Income 2023: $289,4032023Revenue 2024: $572,962Expenses 2024: $452,349Net Income 2024: $120,6132024

Highlighted filing

2024

Revenue$572,962
Expenses$452,349
Net Income$120,613

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 9, 2025
Return Version
2024v5.1
Gross Receipts
$572,962
Mission and Program Overview

Mission

Works to foster a vibrant and inviting commercial district through cleaning anf public safety activities, marketing, and capital improvements

Works to foster a vibrant and inviting commercial district through cleaning and public safety activities, marketing, and capital improvements

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$491,779$460,292▼ $31,487
Savings and Temporary Cash Investments$456,271$449,493▼ $6,778
Land, Buildings, and Equipment, Net$140,408$250,701▲ $110,293
Cash and Non-Interest-Bearing Accounts$0$57,612▲ $57,612
Prepaid Expenses and Deferred Charges$3,309$3,309→ $0
Total Assets$1,091,767$1,221,407▲ $129,640
Liabilities
Accounts Payable and Accrued Expenses$14,003$23,030▲ $9,027
Total Liabilities$14,003$23,030▲ $9,027
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,077,764$1,198,377▲ $120,613
Total Net Assets Fund Balance$1,077,764$1,198,377▲ $120,613
Total Liabilities and Net Assets / Fund Balance$1,091,767$1,221,407▲ $129,640

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$250,701$237,501-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donny SmithExecutive DirectorFT$87,225$3,618$90,843

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$203,610
Program Service Revenue
$359,036
Investment Income
$10,316
Other Revenue
$0
All Other Contributions
$203,610
Change in Net Assets
$120,613

Audited Revenue Reconciliation

Revenue per Audited Statements
$572,962
Total Revenue per Audited Statements
$572,962
Total Revenue per Form 990
$572,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$355,229
Salaries, Compensation, and Employee Benefits$97,120
Total Fundraising Expense$26,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$201,085$0$0$201,085
Current Officers, Directors, Trustees, and Key Employees$43,062$21,531$21,531$86,124
Office Expenses$0$44,933$0$44,933
Depreciation Depletion$37,122$0$0$37,122
Insurance$4,917$2,458$2,458$9,833
Fees for Services Other$0$8,700$0$8,700
Payroll Taxes$3,436$1,718$1,718$6,872
Fees for Services Accounting$0$6,750$0$6,750
Information Technology$0$4,237$0$4,237
Other Employee Benefits$2,062$1,031$1,031$4,124
Advertising$2,379$0$0$2,379
Other Expenses$0$726$0$726
Conferences and Meetings$0$46$0$46
Total Functional Expenses$332,557$93,054$26,738$452,349

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$452,349
Total Expenses per Audited Statements$452,349
Total Expenses per Form 990$452,349
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mayfair Business Improvement District Inc
EIN
81-1075227
Phone
2675384668
Address
2990 ST VINCENT STREET 2ND FLOOR, PHILADELPHIA, PA 19149

Signing Officer

Name
Lisa Greco
Title
Treasurer
Phone
2675384668
Signed
2025-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Maniaci
Formed
2015
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
11
Employees
1
Volunteers
0

Preparer

Firm
Ruotolo Spewak & Co
Address
101 CHESTNUT AVE, MOUNT LAUREL, NJ 08054
Preparer
Joseph P Greenfield CPA
Phone
8562731282
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The organizations board of directors review the 990 together to verify amounts reported agree with the organizations financials for the year.

Pt VI, Line 19

The organizations governing documents are available upon request.

Pt VI, Line 8B

THERE ARE NO COMMITTEES.

Financial Statement Notes

Pt X, Line 2

The organization is exempt from federal income tax under sections 501(c)(3) and 509(a)(3) of the internal revenue code. Accordingly, no provision for income taxes is provided. The organization has reviewed tax positions taken in filings with federal and state jurisdictions and believes those positions would be sustained should the filings be examined by the relevant taxing authority. For federal income tax purposes, the returns remain open for possible examination three years after they are filed. The organizations policy is to recognize interest and penalties on unrecognized tax benefits in other expense in the statement of activities. No interest and penalties were recorded during the year ended december 31, 2024.

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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0120613
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0359036
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0456271
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0449493
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0562646
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0614687
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0426414
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0519171
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0413160
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02536078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010316
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06137
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0913
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0311
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0109
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010316
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0913
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0311
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt017786
IRS990ScheduleA/InvestmentIncomeCYPct00.00700
IRS990ScheduleA/InvestmentIncomePYPct00.00310
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99300
IRS990ScheduleA/PublicSupportPY509Pct00.99690
IRS990ScheduleA/PublicSupportTotal509Amt02536078
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0562646
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0614687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0426414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0519171
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0413160
IRS990ScheduleA/Total509Grp/TotalAmt02536078
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02553864
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/BookValueAmt0250701
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0237501
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0488202
IRS990ScheduleD/ExpensesSubtotalAmt0452349
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0572962
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTIONS 501(C)(3) AND 509(A)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED. THE ORGANIZATION HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. FOR FEDERAL INCOME TAX PURPOSES, THE RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION THREE YEARS AFTER THEY ARE FILED. THE ORGANIZATIONS POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN OTHER EXPENSE IN THE STATEMENT OF ACTIVITIES. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED DECEMBER 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0250701
IRS990ScheduleD/TotalExpensesPerForm990Amt0452349
IRS990ScheduleD/TotalRevenuePerForm990Amt0572962
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0572962
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0452349
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS BOARD OF DIRECTORS REVIEW THE 990 TOGETHER TO VERIFY AMOUNTS REPORTED AGREE WITH THE ORGANIZATIONS FINANCIALS FOR THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01091767
IRS990/TotalAssetsEOYAmt01221407
IRS990/TotalAssetsGrp/BOYAmt01091767
IRS990/TotalAssetsGrp/EOYAmt01221407
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0203610
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026738
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093054
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0332557
IRS990/TotalFunctionalExpensesGrp/TotalAmt0452349
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014003
IRS990/TotalLiabilitiesEOYAmt023030
IRS990/TotalLiabilitiesGrp/BOYAmt014003
IRS990/TotalLiabilitiesGrp/EOYAmt023030
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01077764
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01198377
IRS990/TotalOtherCompensationAmt03618
IRS990/TotalProgramServiceExpensesAmt0332557
IRS990/TotalProgramServiceRevenueAmt0359036
IRS990/TotalReportableCompFromOrgAmt087225
IRS990/TotalRevenueGrp/ExclusionAmt010316
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0359036
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0572962
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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