Fifth Avenue Committee Incorporated
Fifth Avenue Committee Incorporated shows consistent revenue and asset growth with no reported officer compensation.
EIN: 112475743 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.7M |
| Total Expenses | $9.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $6.2M |
| Transparency Score | 85/100 |
Is Fifth Avenue Committee Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fifth Avenue Committee Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fifth Avenue Committee Incorporated
Fifth Avenue Committee Incorporated (EIN: 112475743) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $11.7M and total assets of $14.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fifth Avenue Committee Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fifth Avenue Committee Incorporated is a large nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $9.0M |
| Surplus / Deficit | +$690K |
| Total Assets | $9.6M |
| Total Liabilities | $3.4M |
| Net Assets | $6.2M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 35.2% |
| Months of Reserves | 12.7 months |
Financial Health Grade: A
In 2023, Fifth Avenue Committee Incorporated reported a surplus of $690K with revenue exceeding expenses, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 35.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fifth Avenue Committee Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +17.1% | +12.6% |
| 2022 | +11.2% | +8.4% | +20.9% |
| 2021 | +7.8% | +0.7% | -1.6% |
| 2020 | +11.7% | +17.0% | +20.3% |
| 2019 | -4.5% | -4.0% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Committee Incorporated 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: 85%
- fundraising: 5%
According to IRS 990 filings, Fifth Avenue Committee Incorporated 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 $690K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.2%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with revenues exceeding $9 million. This could indicate that executive compensation is categorized differently or that the organization relies on volunteer leadership, which would be a significant positive 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.
Red Flags
The following concerns were identified during AI analysis of Fifth Avenue Committee Incorporated's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive remuneration reporting.
Strengths
The following positive indicators were identified for Fifth Avenue Committee Incorporated:
- Consistent revenue growth over the past decade, from $5.4M in 2014 to $9.7M in 2023.
- Steady increase in assets, demonstrating financial stability and capacity building, from $4.2M in 2014 to $9.5M in 2023.
- Consistently positive net income, indicating effective management of expenses relative to revenue.
- Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., 2023 assets $9.5M vs. liabilities $3.3M).
Frequently Asked Questions about Fifth Avenue Committee Incorporated
Is Fifth Avenue Committee Incorporated a legitimate charity?
Fifth Avenue Committee Incorporated (EIN: 112475743) 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: $11.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Fifth Avenue Committee Incorporated spend its money?
Fifth Avenue Committee Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fifth Avenue Committee Incorporated tax-deductible?
Fifth Avenue Committee Incorporated is registered as a tax-exempt nonprofit (EIN: 112475743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fifth Avenue Committee Incorporated CEO make?
Fifth Avenue Committee Incorporated's highest-compensated officer earns $9 annually. The organization reported $11.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fifth Avenue Committee Incorporated's spending goes to programs?
Fifth Avenue Committee Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Fifth Avenue Committee Incorporated located?
Fifth Avenue Committee Incorporated is headquartered in Brooklyn, New York and files with the IRS under EIN 112475743.
How many years of IRS 990 filings does Fifth Avenue Committee Incorporated have?
Fifth Avenue Committee Incorporated 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 $11.7M in total revenue.
Is Fifth Avenue Committee Incorporated a good charity?
Based on its consistent financial growth, positive net income, and strong asset accumulation, Fifth Avenue Committee Incorporated appears to be a financially healthy and well-managed organization. The lack of reported officer compensation is a unique factor that could be interpreted positively for resource allocation, but also warrants further inquiry for full transparency.
How does Fifth Avenue Committee Incorporated manage its executive compensation?
All available IRS 990 filings for Fifth Avenue Committee Incorporated report 0% officer compensation. This is an unusual finding for an organization of its size and revenue, suggesting that executive compensation may be reported under other expense categories or that the organization operates with a volunteer executive leadership.
Has Fifth Avenue Committee Incorporated's financial health improved over time?
Yes, the organization has shown consistent financial improvement. Revenue has grown from $5,413,376 in 2014 to $9,729,131 in 2023, and assets have increased from $4,279,065 to $9,551,993 over the same period, indicating strong growth and stability.
Filing History
IRS 990 filing history for Fifth Avenue Committee Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fifth Avenue Committee Incorporated's revenue has grown by 137.2%, moving from $4.1M to $9.7M. Total assets increased by 235.3% over the same period, from $2.8M to $9.6M. Total functional expenses rose by 98.7%, from $4.5M to $9.0M. In its most recent filing year (2023), Fifth Avenue Committee Incorporated reported a surplus of $690K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $9.6M in assets (debt-to-asset ratio: 35.2%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $9.0M | $9.6M | $3.4M | — | — |
| 2022 | $8.8M | $7.7M | $8.5M | $3.0M | — | View 990 |
| 2021 | $7.9M | $7.1M | $7.0M | $2.6M | — | View 990 |
| 2020 | $7.4M | $7.1M | $7.1M | $3.6M | — | View 990 |
| 2019 | $6.6M | $6.0M | $5.9M | $2.6M | — | View 990 |
| 2018 | $6.9M | $6.3M | $5.2M | $2.4M | — | View 990 |
| 2017 | $6.1M | $6.0M | $4.8M | $2.6M | — | View 990 |
| 2016 | $5.3M | $5.0M | $4.3M | $2.2M | — | View 990 |
| 2015 | $5.5M | $5.4M | $4.3M | $2.3M | — | View 990 |
| 2014 | $5.4M | $5.2M | $4.3M | $2.4M | — | View 990 |
| 2013 | $5.2M | $4.5M | $4.0M | $2.3M | — | View 990 |
| 2012 | $4.7M | $4.3M | $3.1M | $2.1M | — | View 990 |
| 2011 | $4.1M | $4.5M | $2.8M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $9.0M, and assets of $9.6M (revenue +10.3% year-over-year).
- 2022: Revenue of $8.8M, expenses of $7.7M, and assets of $8.5M (revenue +11.2% year-over-year).
- 2021: Revenue of $7.9M, expenses of $7.1M, and assets of $7.0M (revenue +7.8% year-over-year).
- 2020: Revenue of $7.4M, expenses of $7.1M, and assets of $7.1M (revenue +11.7% year-over-year).
- 2019: Revenue of $6.6M, expenses of $6.0M, and assets of $5.9M (revenue -4.5% year-over-year).
- 2018: Revenue of $6.9M, expenses of $6.3M, and assets of $5.2M (revenue +13.3% year-over-year).
- 2017: Revenue of $6.1M, expenses of $6.0M, and assets of $4.8M (revenue +16.1% year-over-year).
- 2016: Revenue of $5.3M, expenses of $5.0M, and assets of $4.3M (revenue -5.1% year-over-year).
- 2015: Revenue of $5.5M, expenses of $5.4M, and assets of $4.3M (revenue +2.2% year-over-year).
- 2014: Revenue of $5.4M, expenses of $5.2M, and assets of $4.3M (revenue +3.2% year-over-year).
- 2013: Revenue of $5.2M, expenses of $4.5M, and assets of $4.0M (revenue +11.7% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.3M, and assets of $3.1M (revenue +14.5% year-over-year).
- 2011: Revenue of $4.1M, expenses of $4.5M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fifth Avenue Committee Incorporated:
Data Sources and Methodology
This transparency report for Fifth Avenue Committee Incorporated 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.