60 86 Madison Avenue District Management Association Inc
Madison Avenue District Management Association maintains stable finances with growing assets and no reported officer compensation.
EIN: 133884086 · New York, NY · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| Net Assets | $544K |
| Transparency Score | 88/100 |
Is 60 86 Madison Avenue District Management Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
60 86 Madison Avenue District Management Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 60 86 Madison Avenue District Management Association Inc
60 86 Madison Avenue District Management Association Inc (EIN: 133884086) is a nonprofit organization based in New York, NY, classified under NTEE code S20. The organization reported total revenue of $2.2M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 60 86 Madison Avenue District Management Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
60 86 Madison Avenue District Management Association Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-69,461 |
| Total Assets | $2.1M |
| Total Liabilities | $1.5M |
| Net Assets | $544K |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 73.5% |
| Months of Reserves | 11.5 months |
Financial Health Grade: C
In 2023, 60 86 Madison Avenue District Management Association Inc reported a deficit of $69K with expenses exceeding revenue, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 73.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), 60 86 Madison Avenue District Management Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | +3.9% | +98.7% |
| 2022 | -1.9% | +0.2% | +6.9% |
| 2021 | -8.6% | -6.4% | +6.8% |
| 2020 | +14.5% | +2.0% | +23.3% |
| 2019 | +6.1% | +10.6% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 60 86 Madison Avenue District Management Association Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, 60 86 Madison Avenue District Management Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $69K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a volunteer executive team or compensation levels below IRS reporting thresholds, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for 60 86 Madison Avenue District Management Association Inc:
- Consistent financial stability with revenues and expenses around $2 million.
- Significant growth in assets, increasing from $734,272 in 2019 to $2,054,038 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency and resource allocation to programs.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
- Liabilities are well-managed relative to asset growth.
Frequently Asked Questions about 60 86 Madison Avenue District Management Association Inc
Is 60 86 Madison Avenue District Management Association Inc a legitimate charity?
60 86 Madison Avenue District Management Association Inc (EIN: 133884086) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. 5 strengths noted. Financial health grade: C.
How does 60 86 Madison Avenue District Management Association Inc spend its money?
60 86 Madison Avenue District Management Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to 60 86 Madison Avenue District Management Association Inc tax-deductible?
60 86 Madison Avenue District Management Association Inc is registered as a tax-exempt nonprofit (EIN: 133884086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 60 86 Madison Avenue District Management Association Inc's spending goes to programs?
60 86 Madison Avenue District Management Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 60 86 Madison Avenue District Management Association Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), 60 86 Madison Avenue District Management Association Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 60 86 Madison Avenue District Management Association Inc located?
60 86 Madison Avenue District Management Association Inc is headquartered in New York, New York and files with the IRS under EIN 133884086. It is classified under NTEE code S20.
How many years of IRS 990 filings does 60 86 Madison Avenue District Management Association Inc have?
60 86 Madison Avenue District Management Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Is 60 86 Madison Avenue District Management Association Inc a good charity?
Based on the provided data, the organization appears to be financially stable with growing assets and a strong indicator of efficiency due to 0% reported officer compensation. This suggests a high proportion of funds are likely directed towards its mission.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, increasing from $734,272 in 2019 to $2,054,038 in 2023, more than doubling in four years.
What is the trend in revenue and expenses?
Revenue and expenses have remained relatively stable, consistently around $2 million annually, with minor fluctuations. For example, in 2023, revenue was $2,073,119 and expenses were $2,142,580.
Filing History
IRS 990 filing history for 60 86 Madison Avenue District Management Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 60 86 Madison Avenue District Management Association Inc's revenue has grown by 13.6%, moving from $1.8M to $2.1M. Total assets increased by 201.7% over the same period, from $681K to $2.1M. Total functional expenses rose by 17.6%, from $1.8M to $2.1M. In its most recent filing year (2023), 60 86 Madison Avenue District Management Association Inc reported a deficit of $69K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $2.1M in assets (debt-to-asset ratio: 73.5%), resulting in net assets of $544K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $2.1M | $1.5M | — | View 990 |
| 2022 | $2.1M | $2.1M | $1.0M | $420K | — | View 990 |
| 2021 | $2.1M | $2.1M | $967K | $374K | — | View 990 |
| 2020 | $2.3M | $2.2M | $905K | $377K | — | View 990 |
| 2019 | $2.0M | $2.2M | $734K | $328K | — | View 990 |
| 2018 | $1.9M | $1.9M | $765K | $231K | — | View 990 |
| 2017 | $1.9M | $1.9M | $799K | $227K | — | View 990 |
| 2016 | $1.9M | $1.9M | $859K | $257K | — | View 990 |
| 2015 | $1.9M | $1.8M | $851K | $238K | — | View 990 |
| 2014 | $1.8M | $1.8M | $812K | $227K | — | View 990 |
| 2013 | $1.8M | $1.8M | $797K | $220K | — | View 990 |
| 2012 | $1.8M | $1.8M | $739K | $197K | — | View 990 |
| 2011 | $1.8M | $1.8M | $681K | $150K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $2.1M (revenue -0.4% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $1.0M (revenue -1.9% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $967K (revenue -8.6% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.2M, and assets of $905K (revenue +14.5% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.2M, and assets of $734K (revenue +6.1% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $765K (revenue +0.9% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $799K (revenue -0.2% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $859K (revenue +2.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $851K (revenue +0.3% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.8M, and assets of $812K (revenue +0.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $797K (revenue -0.2% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $739K (revenue +0.7% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $681K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 60 86 Madison Avenue District Management Association Inc:
Data Sources and Methodology
This transparency report for 60 86 Madison Avenue District Management Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.