Civic Intelligence

Farmingdale Business Improvement

EIN 87-2538794 • 501(c)3 • Farmingdale, NY

Profile

Enhance the experience of visitors to the Farmingdale Downtown area while promoting commerce for the local businesses. Work with the community organizations to host special events. Work with government agencies to maintain a safe, clean and walkable district.

361 Main StreetFarmingdale, NY 11735-3752

farmingdalebid.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

23rd percentile

-7.4%

Higher net margin than 23% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

33rd percentile

-13%

Faster asset growth than 33% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

33%

Faster revenue growth than 73% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$23,972

Down $3,553 (-13%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$23,972

Down $3,553 (-13%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin23rd percentile

Revenue

Up

$47,737

Up $11,794 (+33%) from 2023

Expenses

Up

$51,290

Up $9,852 (+24%) from 2023

Net Income

Up

-$3,553

Up $1,942 (+35%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

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

$40K$30K$20K$10K$0Assets 2022: $33,020Liabilities 2022: $0Net Assets 2022: $33,0202022Assets 2023: $27,525Liabilities 2023: $0Net Assets 2023: $27,5252023Assets 2024: $23,972Net Assets 2024: $23,9722024

Highlighted filing

2024

Assets$23,972
Liabilities-
Net Assets$23,972
Open 2024 Filing

Operations Trend

Revenue Growth73rd percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2022: $68,964Expenses 2022: $35,944Net Income 2022: $33,0202022Revenue 2023: $35,943Expenses 2023: $41,438Net Income 2023: -$5,4952023Revenue 2024: $47,737Expenses 2024: $51,290Net Income 2024: -$3,5532024

Highlighted filing

2024

Revenue$47,737
Expenses$51,290
Net Income-$3,553
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,972
Liabilities
-
Net assets
$23,972
Revenue
$47,737
Expenses
$51,290
Net income
-$3,553
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.0$24.0$47.7$51.3$3.55
2023Detailed filing. Detailed filing data is available for this year.$27.5$0.00$27.5$35.9$41.4$5.50
2022Detailed filing. Detailed filing data is available for this year.$33.0$0.00$33.0$69.0$35.9$33.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Oct 15, 2024
Return Version
2023v6.0
Gross Receipts
$47,737
Mission and Program Overview

Mission

Contribute to special community events as described in our mission statement, such as, halloween parade, st. Patricks day parade, music on main and snow removal for local businesses.

Program Services

DescriptionGrantsExpenses
CONTRIBUTE TO SPECIAL COMMUTNITY EVENS AS DESCRIBED IN OUR MISSION STATEMENT, SUCH AS, HALLOWEEN PARADE, ST. PATRICKS DAY PARADE, MUSIC ON MAIN,CHRISTMAS LIGHTS, AND SNOW REMOVAL FOR LOCAL BUSINESSES.-$25,955
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WALTER PRIESTLEYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Farmingdale Business Improvement
EIN
87-2538794
Address
361 MAIN STREET, FARMINGDALE, NY 11735-3752

Signing Officer

Name
Walter Priestley
Title
Treasurer
Signed
2024-10-15

Preparer

Firm
BRINDISI & CECCHI CPA'S PC
Address
399 CONKLIN ST STE 307, FARMINGDALE, NY 11735
Preparer
Louise Brindisi
Phone
5162495849
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising & promotion 23,458 liability insurance 814 halloween parade 2,784 music on main 120 security-music on main 7,356 snow removal 1,915 st. Patricks day parade 1,860 christmas 10,000 security 1,920 total 50,227”

Form 990-ez, Part III

“Contribute to special community events as described in our mission statement, such as, halloween parade, st. Patricks day parade, music on main and snow removal for local businesses.”

Raw XML Appendix103 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0WALTER F PRIESTLEY II
IRS990EZ/BooksInCareOfDetail/PhoneNum05163439470
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt081 CONKLIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FARMINGDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011735
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027525
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023972
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt047737
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3553
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0850
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027525
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023972
IRS990EZ/GrossReceiptsAmt047737
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027525
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023972
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027525
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023972
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WALTER PRIESTLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt050227
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONTRIBUTE TO SPECIAL COMMUNITY EVENTS AS DESCRIBED IN OUR MISSION STATEMENT, SUCH AS, HALLOWEEN PARADE, ST. PATRICKS DAY PARADE, MUSIC ON MAIN AND SNOW REMOVAL FOR LOCAL BUSINESSES.
IRS990EZ/PrintingPublicationsPostageAmt0213
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONTRIBUTE TO SPECIAL COMMUTNITY EVENS AS DESCRIBED IN OUR MISSION STATEMENT, SUCH AS, HALLOWEEN PARADE, ST. PATRICKS DAY PARADE, MUSIC ON MAIN,CHRISTMAS LIGHTS, AND SNOW REMOVAL FOR LOCAL BUSINESSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025955
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051290
IRS990EZ/TotalProgramServiceExpensesAmt025955
IRS990EZ/TotalRevenueAmt047737
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FARMINGDALEBID.COM
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt047737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt035943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt068964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0152644
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0152644
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt035943
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt068964
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0152644
IRS990ScheduleA/TotalSupportAmt0152644
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMOTION 23,458 LIABILITY INSURANCE 814 HALLOWEEN PARADE 2,784 MUSIC ON MAIN 120 SECURITY-MUSIC ON MAIN 7,356 SNOW REMOVAL 1,915 ST. PATRICKS DAY PARADE 1,860 CHRISTMAS 10,000 SECURITY 1,920 TOTAL 50,227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONTRIBUTE TO SPECIAL COMMUNITY EVENTS AS DESCRIBED IN OUR MISSION STATEMENT, SUCH AS, HALLOWEEN PARADE, ST. PATRICKS DAY PARADE, MUSIC ON MAIN AND SNOW REMOVAL FOR LOCAL BUSINESSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WALTER PRIESTLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARMINGDALE BUSINESS IMPROVEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MANAGEMENT ASSOCIATION INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0FARM
ReturnHeader/Filer/EIN0872538794
ReturnHeader/Filer/USAddress/AddressLine1Txt0361 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0FARMINGDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0117353752
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823053533
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRINDISI & CECCHI CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0399 CONKLIN ST STE 307
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARMINGDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011735
ReturnHeader/PreparerPersonGrp/PhoneNum05162495849
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LOUISE BRINDISI
ReturnHeader/ReturnTs02025-04-25T16:27:04-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-06-01
ReturnHeader/TaxPeriodEndDt02024-05-31
ReturnHeader/TaxYr02023

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