Broadway Mall Association Inc
Broadway Mall Association Inc. shows strong financial growth and zero officer compensation.
EIN: 133419786 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $718K |
| Program Spending | 85% |
| Net Assets | $874K |
| Transparency Score | 90/100 |
Is Broadway Mall Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Broadway Mall Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Broadway Mall Association Inc
Broadway Mall Association Inc (EIN: 133419786) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.0M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Broadway Mall Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Broadway Mall Association Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $718K |
| Surplus / Deficit | +$304K |
| Total Assets | $1.0M |
| Total Liabilities | $129K |
| Net Assets | $874K |
| Operating Margin | 29.7% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, Broadway Mall Association Inc reported a surplus of $304K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Broadway Mall Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.4% | +2.0% | +49.0% |
| 2022 | -28.9% | +12.3% | -14.2% |
| 2021 | +33.7% | +5.7% | +190.1% |
| 2020 | -8.1% | -9.0% | +59.9% |
| 2019 | +11.8% | -1.5% | +59.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1987 |
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 Broadway Mall Association Inc with a Mission Score of 90 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, Broadway Mall 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 surplus of $304K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size and suggests a volunteer leadership model or that compensation is reported under other categories, though the former is more likely given the consistent reporting.
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 Broadway Mall Association Inc:
- Strong asset growth, reaching over $1 million in 2023 from $36,980 in 2014.
- Consistent reporting of 0% officer compensation, indicating high transparency and efficient use of funds.
- Significant revenue surplus in 2023 ($303,766), demonstrating strong financial management.
- Positive financial trajectory with increasing revenue and assets in recent years.
Frequently Asked Questions about Broadway Mall Association Inc
Is Broadway Mall Association Inc a legitimate charity?
Broadway Mall Association Inc (EIN: 133419786) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Broadway Mall Association Inc spend its money?
Broadway Mall Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Broadway Mall Association Inc tax-deductible?
Broadway Mall Association Inc is registered as a tax-exempt nonprofit (EIN: 133419786). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Broadway Mall Association Inc's spending goes to programs?
Broadway Mall Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Broadway Mall Association Inc located?
Broadway Mall Association Inc is headquartered in New York, New York and files with the IRS under EIN 133419786.
How many years of IRS 990 filings does Broadway Mall Association Inc have?
Broadway Mall 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 $2.0M in total revenue.
Is Broadway Mall Association Inc. a good charity?
Based on its financial health, consistent surpluses in recent years (e.g., $303,766 in 2023), and zero reported officer compensation, the Broadway Mall Association Inc. appears to be a well-managed and efficient charity.
How has the organization's financial health changed over time?
The organization has shown significant financial improvement, particularly from 2020 onwards. Assets have grown from $270,483 in 2020 to over $1 million in 2023, and revenue has generally increased, with a notable surplus in 2023.
What is the organization's approach to executive compensation?
The Broadway Mall Association Inc. consistently reports 0% officer compensation, indicating that its leadership either volunteers their time or is compensated through other means not categorized as officer compensation, which is a strong positive for transparency and resource allocation.
Filing History
IRS 990 filing history for Broadway Mall Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Broadway Mall Association Inc's revenue has grown by 107.9%, moving from $491K to $1.0M. Total assets increased by 781.8% over the same period, from $114K to $1.0M. Total functional expenses rose by 40.2%, from $512K to $718K. In its most recent filing year (2023), Broadway Mall Association Inc reported a surplus of $304K, with revenue exceeding expenses. The organization holds $129K in liabilities against $1.0M in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $874K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $718K | $1.0M | $129K | — | — |
| 2022 | $625K | $704K | $673K | $102K | — | View 990 |
| 2021 | $879K | $627K | $785K | $136K | — | View 990 |
| 2020 | $657K | $593K | $270K | $0 | — | — |
| 2019 | $715K | $652K | $169K | $0 | — | View 990 |
| 2018 | $640K | $662K | $106K | $0 | — | View 990 |
| 2017 | $623K | $607K | $128K | $0 | — | View 990 |
| 2016 | $652K | $638K | $112K | $0 | — | View 990 |
| 2015 | $670K | $608K | $99K | $0 | — | View 990 |
| 2014 | $552K | $565K | $37K | $0 | — | View 990 |
| 2013 | $529K | $574K | $51K | $544 | — | View 990 |
| 2012 | $520K | $538K | $95K | $113 | — | View 990 |
| 2011 | $491K | $512K | $114K | $112 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $718K, and assets of $1.0M (revenue +63.4% year-over-year).
- 2022: Revenue of $625K, expenses of $704K, and assets of $673K (revenue -28.9% year-over-year).
- 2021: Revenue of $879K, expenses of $627K, and assets of $785K (revenue +33.7% year-over-year).
- 2020: Revenue of $657K, expenses of $593K, and assets of $270K (revenue -8.1% year-over-year).
- 2019: Revenue of $715K, expenses of $652K, and assets of $169K (revenue +11.8% year-over-year).
- 2018: Revenue of $640K, expenses of $662K, and assets of $106K (revenue +2.7% year-over-year).
- 2017: Revenue of $623K, expenses of $607K, and assets of $128K (revenue -4.4% year-over-year).
- 2016: Revenue of $652K, expenses of $638K, and assets of $112K (revenue -2.8% year-over-year).
- 2015: Revenue of $670K, expenses of $608K, and assets of $99K (revenue +21.5% year-over-year).
- 2014: Revenue of $552K, expenses of $565K, and assets of $37K (revenue +4.3% year-over-year).
- 2013: Revenue of $529K, expenses of $574K, and assets of $51K (revenue +1.8% year-over-year).
- 2012: Revenue of $520K, expenses of $538K, and assets of $95K (revenue +5.7% year-over-year).
- 2011: Revenue of $491K, expenses of $512K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Broadway Mall Association Inc:
Data Sources and Methodology
This transparency report for Broadway Mall 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.