Fifth Avenue Association Business Improvement District Inc
Fifth Avenue Association BID shows strong revenue growth and zero officer compensation.
EIN: 133709348 · New York, NY · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.8M |
| Total Expenses | $6.9M |
| Program Spending | 80% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Is Fifth Avenue Association Business Improvement District Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fifth Avenue Association Business Improvement District Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fifth Avenue Association Business Improvement District Inc
Fifth Avenue Association Business Improvement District Inc (EIN: 133709348) is a nonprofit organization based in New York, NY, classified under NTEE code S20. The organization reported total revenue of $8.8M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fifth Avenue Association Business Improvement District Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fifth Avenue Association Business Improvement District Inc is a mid-size nonprofit that has been operating for 4 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $4.8M |
| Total Liabilities | $2.0M |
| Net Assets | $2.8M |
| Operating Margin | 20.6% |
| Debt-to-Asset Ratio | 42.2% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Fifth Avenue Association Business Improvement District Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 42.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fifth Avenue Association Business Improvement District Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.1% | -16.7% | +250.1% |
| 2022 | +3.3% | +25.8% | -51.9% |
| 2021 | +1.3% | +32.4% | +5.7% |
| 2020 | +99.8% | +47.4% | +147.0% |
| 2019 | +0.7% | +5.5% | -8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Fifth Avenue Association Business Improvement District Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Fifth Avenue Association Business Improvement District Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated through the organization, which is highly favorable for resource allocation and transparency.
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.
Red Flags
The following concerns were identified during AI analysis of Fifth Avenue Association Business Improvement District Inc's IRS 990 filings:
- Expenses exceeded revenue in 202206 by over $1.4 million, indicating a temporary operational deficit.
Strengths
The following positive indicators were identified for Fifth Avenue Association Business Improvement District Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and transparency.
- Significant revenue growth from $2.9M in 201406 to $8.6M in 202306.
- Strong asset growth, reaching $4.8M in 202306.
- Positive net income in the latest filing (202306), with revenue exceeding expenses by over $1.7 million.
Frequently Asked Questions about Fifth Avenue Association Business Improvement District Inc
Is Fifth Avenue Association Business Improvement District Inc a legitimate charity?
Fifth Avenue Association Business Improvement District Inc (EIN: 133709348) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Fifth Avenue Association Business Improvement District Inc spend its money?
Fifth Avenue Association Business Improvement District Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Fifth Avenue Association Business Improvement District Inc tax-deductible?
Fifth Avenue Association Business Improvement District Inc is registered as a tax-exempt nonprofit (EIN: 133709348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fifth Avenue Association Business Improvement District Inc's spending goes to programs?
Fifth Avenue Association Business Improvement District Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fifth Avenue Association Business Improvement District Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fifth Avenue Association Business Improvement District 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 Fifth Avenue Association Business Improvement District Inc located?
Fifth Avenue Association Business Improvement District Inc is headquartered in New York, New York and files with the IRS under EIN 133709348. It is classified under NTEE code S20.
How many years of IRS 990 filings does Fifth Avenue Association Business Improvement District Inc have?
Fifth Avenue Association Business Improvement District 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 $8.8M in total revenue.
Is Fifth Avenue Association Business Improvement District Inc a good charity?
Based on the provided financial data, the organization appears to be a well-managed entity with strong financial health, particularly in its most recent filing period (202306) where revenue significantly exceeded expenses. The consistent reporting of 0% officer compensation is a strong positive indicator of efficient resource allocation and transparency.
How has the organization's revenue trended over time?
The organization has shown significant revenue growth, particularly in recent years. Revenue increased from approximately $2.9 million in 201406 to $8.6 million in 202306, with a notable jump from $3.2 million in 201906 to over $6.4 million in 202006, and further to $8.6 million in 202306.
What is the organization's asset growth like?
Assets have shown substantial growth, increasing from around $1 million in 201406 to $4.8 million in 202306. This indicates a healthy accumulation of resources and financial stability, despite a dip in 202206.
Filing History
IRS 990 filing history for Fifth Avenue Association Business Improvement District Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fifth Avenue Association Business Improvement District Inc's revenue has grown by 217.6%, moving from $2.7M to $8.6M. Total assets increased by 478.5% over the same period, from $830K to $4.8M. Total functional expenses rose by 161.7%, from $2.6M to $6.9M. In its most recent filing year (2023), Fifth Avenue Association Business Improvement District Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $4.8M in assets (debt-to-asset ratio: 42.2%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.6M | $6.9M | $4.8M | $2.0M | — | View 990 |
| 2022 | $6.7M | $8.2M | $1.4M | $379K | — | View 990 |
| 2021 | $6.5M | $6.5M | $2.9M | $372K | — | View 990 |
| 2020 | $6.5M | $4.9M | $2.7M | $207K | — | — |
| 2019 | $3.2M | $3.4M | $1.1M | $109K | — | View 990 |
| 2018 | $3.2M | $3.2M | $1.2M | $88K | — | View 990 |
| 2017 | $3.2M | $3.0M | $1.2M | $85K | — | View 990 |
| 2016 | $2.9M | $3.0M | $987K | $105K | — | View 990 |
| 2015 | $2.9M | $2.9M | $1.0M | $118K | — | View 990 |
| 2014 | $2.9M | $2.8M | $1.0M | $87K | — | View 990 |
| 2013 | $2.9M | $2.8M | $902K | $114K | — | View 990 |
| 2012 | $2.7M | $2.8M | $810K | $114K | — | View 990 |
| 2011 | $2.7M | $2.6M | $830K | $99K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.6M, expenses of $6.9M, and assets of $4.8M (revenue +28.1% year-over-year).
- 2022: Revenue of $6.7M, expenses of $8.2M, and assets of $1.4M (revenue +3.3% year-over-year).
- 2021: Revenue of $6.5M, expenses of $6.5M, and assets of $2.9M (revenue +1.3% year-over-year).
- 2020: Revenue of $6.5M, expenses of $4.9M, and assets of $2.7M (revenue +99.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.4M, and assets of $1.1M (revenue +0.7% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.2M, and assets of $1.2M (revenue +0.0% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.0M, and assets of $1.2M (revenue +10.4% year-over-year).
- 2016: Revenue of $2.9M, expenses of $3.0M, and assets of $987K (revenue +-0.0% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $1.0M (revenue +-0.0% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.8M, and assets of $1.0M (revenue +-0.0% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $902K (revenue +6.9% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.8M, and assets of $810K (revenue +-0.0% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $830K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fifth Avenue Association Business Improvement District Inc:
Data Sources and Methodology
This transparency report for Fifth Avenue Association Business Improvement District 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.