Civic Intelligence

Throggs Neck District Management

EIN 84-2946779 • 501(c)3 • Bronx, NY

Profile

To service the throggs neck business improvement district in bronx borough, new york city. Services include sanitation, marketing and promotion, public safety, economic development and district administration.

3863 East Tremont AvenueBronx, NY 10465

www.throggsneckbid.com

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

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

NTEE S20 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.01x

Higher debt load relative to revenue than 72% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Source year 2025

Net Margin

58th percentile

13%

Higher net margin than 58% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Source year 2025

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S20 • <$500k nonprofits • Source year 2025

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

2.3%

Faster revenue growth than 54% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$314,946

Up $57,641 (+22%) from 2024

Liabilities

Up

$4,732

Up $1,338 (+39%) from 2024

Net Assets

Up

$310,214

Up $56,303 (+22%) from 2024

Revenue

Up

$427,052

Up $9,465 (+2.3%) from 2024

Expenses

Down

$370,749

Down $541 (-0.1%) from 2024

Net Income

Up

$56,303

Up $10,006 (+22%) from 2024

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2020: $120,574Liabilities 2020: $8,093Net Assets 2020: $112,4812020Assets 2021: $218,411Liabilities 2021: $36,682Net Assets 2021: $181,7292021Assets 2022: $194,850Liabilities 2022: $13,676Net Assets 2022: $181,1742022Assets 2023: $222,089Liabilities 2023: $14,475Net Assets 2023: $207,6142023Assets 2024: $257,305Liabilities 2024: $3,394Net Assets 2024: $253,9112024Assets 2025: $314,946Liabilities 2025: $4,732Net Assets 2025: $310,2142025

Highlighted filing

2025

Assets$314,946
Liabilities$4,732
Net Assets$310,214

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $200,125Expenses 2020: $87,644Net Income 2020: $112,4812020Revenue 2021: $338,931Expenses 2021: $269,683Net Income 2021: $69,2482021Revenue 2022: $340,038Expenses 2022: $340,593Net Income 2022: -$5552022Revenue 2023: $363,526Expenses 2023: $337,086Net Income 2023: $26,4402023Revenue 2024: $417,587Expenses 2024: $371,290Net Income 2024: $46,2972024Revenue 2025: $427,052Expenses 2025: $370,749Net Income 2025: $56,3032025

Highlighted filing

2025

Revenue$427,052
Expenses$370,749
Net Income$56,303

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$457,396
Mission and Program Overview

Mission

To service the throggs neck business improvement district in bronx borough, new york city. Services include sanitation, marketing and promotion, public safety, economic development and district administration.

To service the throggs neck business improvement district in bronx borough, new york city, new york. Services include sanitation, marketing and promotion, public safety, economic development and district administration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$220,632$265,194▲ $44,562
Pledges and Grants Receivable$12,500$21,960▲ $9,460
Cash and Non-Interest-Bearing Accounts$20,182$18,547▼ $1,635
Prepaid Expenses and Deferred Charges-$6,743-
Land, Buildings, and Equipment, Net$791$52▼ $739
Total Assets$257,305$314,946▲ $57,641
Other Assets Total$3,200$2,450▼ $750
Liabilities
Accounts Payable and Accrued Expenses$3,394$4,732▲ $1,338
Total Liabilities$3,394$4,732▲ $1,338
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$253,911$310,214▲ $56,303
Total Net Assets Fund Balance$253,911$310,214▲ $56,303
Total Liabilities and Net Assets / Fund Balance$257,305$314,946▲ $57,641

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$52$3,645$3,697
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anthony BassoChairperson
John SistoVice Chairperson
Donald EngledrumBoard Member
Dr Robyn BurchmanBoard Member
Jacqueline McquadeBoard Member
Jonathan PolancoBoard Member
Michael MusanoBoard Member
Renato ScalvoRep., Councilperson Marmor
Greer MayhewRep., Nyc Comptroller
Charmain MangrooRep., Nyc Sbs
Robert VelasquezSecretary
Bill TsibidisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$340,000
Investment Income
$62
Other Revenue
$36,990
Change in Net Assets
$56,303

Audited Revenue Reconciliation

Revenue per Audited Statements
$427,052
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$30,344
Total Revenue per Audited Statements
$457,396
Total Revenue per Form 990
$427,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$256,746
Salaries, Compensation, and Employee Benefits$114,003
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$42,350$34,650-$77,000
Other Salaries and Wages$15,400$12,600-$28,000
Occupancy$13,170$10,776-$23,946
All Other Expenses$11,149$125-$11,274
Advertising$10,453--$10,453
Payroll Taxes$4,952$4,051-$9,003
Fees for Services Accounting-$8,630-$8,630
Office Expenses-$6,471-$6,471
Other Expenses$3,423$2,800-$6,223
Insurance$3,033$2,482-$5,515
Conferences and Meetings$2,294--$2,294
Fees for Services Other-$1,604-$1,604
Depreciation Depletion-$739-$739
Total Functional Expenses$285,821$84,928$0$370,749

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$401,093
Expenses per Audited Statements$370,749
Total Expenses per Form 990$370,749
Expenses Not Reported on Form 990$30,344
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,334
Fundraising Direct Expenses$30,344
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Dinner/dance$67,334$67,334$9,242$58,092
Total Events$67,334$67,334$30,344$36,990
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
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
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 B, Line 11B

Management reviews the 990 to obtain an understanding of the reporting requirements and to ensure the 990 is accurate and complete. Subsequently, a copy of the draft 990 is provided to the board of directors for their review. The board will meet with management to discuss the 990 and resolve any questions that may arise. Upon approval from the board of directors, the 990 is then filed.

Form 990, Part VI, Section B, Line 15B

The board of directors reviews and approves the salaries of all employees, including the executive director, on an annual basis.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Throggs Neck District Management
EIN
84-2946779
Phone
7185413286
Address
3863 EAST TREMONT AVENUE, BRONX, NY 10465

Signing Officer

Name
Anthony Basso
Title
President
Phone
7185413286
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Basso
Formed
2019
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
0

Preparer

Firm
Dimaggio & Roccamo Cpas Llp
Address
1188 WILLIS AVE STE 218, ALBERTSON, NY 11507
Preparer
Anthony Roccamo CPA
Phone
5166200838
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses reported against special event gross receipts 30,344.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses reported against special event gross receipts 30,344.

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IRS990/ProgSrvcAccomActy2Grp/Desc0ASSIST IN THE UPKEEP AND CLEANLINESS (SANITATION) OF THE BUSINESS IMPROVEMENT DISTRICT.
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLIC SAFETY PROGRAM EXPENSES FOR THE BUSINESS DISTRICT
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt016350
IRS990/PYInvestmentIncomeAmt051
IRS990/PYOtherExpensesAmt0241571
IRS990/PYOtherRevenueAmt027536
IRS990/PYProgramServiceRevenueAmt0340000
IRS990/PYRevenuesLessExpensesAmt046297
IRS990/PYSalariesCompEmpBnftPaidAmt0113369
IRS990/PYTotalExpensesAmt0371290
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0417587
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt056303
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0340062
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0220632
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0265194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0157
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01798817
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0340000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0340000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0340000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0340000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0338817
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01698817
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0390000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0390000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0340000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0340000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0338817
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01798817
IRS990ScheduleA/TotalSupportAmt01798974
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
IRS990ScheduleD/ExpensesNotReportedAmt030344
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0370749
IRS990ScheduleD/OtherExpensesIncludedAmt030344
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt052
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03645
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03697
IRS990ScheduleD/OtherRevenueAmt030344
IRS990ScheduleD/RevenueNotReportedAmt030344
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0427052
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES REPORTED AGAINST SPECIAL EVENT GROSS RECEIPTS 30,344.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES REPORTED AGAINST SPECIAL EVENT GROSS RECEIPTS 30,344.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052
IRS990ScheduleD/TotalExpensesPerForm990Amt0370749
IRS990ScheduleD/TotalRevenuePerForm990Amt0427052
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0457396
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0401093
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt030344
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA DINNER/DANCE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt067334
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt067334
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt067334
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt067334
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt036990
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09242
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09242
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt021102
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt021102
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT REVIEWS THE 990 TO OBTAIN AN UNDERSTANDING OF THE REPORTING REQUIREMENTS AND TO ENSURE THE 990 IS ACCURATE AND COMPLETE. SUBSEQUENTLY, A COPY OF THE DRAFT 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE BOARD WILL MEET WITH MANAGEMENT TO DISCUSS THE 990 AND RESOLVE ANY QUESTIONS THAT MAY ARISE. UPON APPROVAL FROM THE BOARD OF DIRECTORS, THE 990 IS THEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE SALARIES OF ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR, ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0257305
IRS990/TotalAssetsEOYAmt0314946
IRS990/TotalAssetsGrp/BOYAmt0257305
IRS990/TotalAssetsGrp/EOYAmt0314946
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt050000
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084928
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0285821
IRS990/TotalFunctionalExpensesGrp/TotalAmt0370749
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03394
IRS990/TotalLiabilitiesEOYAmt04732
IRS990/TotalLiabilitiesGrp/BOYAmt03394
IRS990/TotalLiabilitiesGrp/EOYAmt04732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0253911
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0310214
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0285821
IRS990/TotalProgramServiceRevenueAmt0340000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt036990
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0340062

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