EAST BROOKLYN DISTRICT MANAGEMENT ASSOCIATION INC

EIN: 112680890 501(c)(3) Community Improvement

BROOKLYN, NY

Total Revenue
$275,000
Total Expenses
$275,970
Total Assets
$151,559
Net Assets
$9,770
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
WILLIAM S WILKINS
Phone
7183856700
Tax Period
2024-07-01 to 2025-06-30

EAST BROOKLYN DISTRICT MANAGEMENT ASSOCIATION INC, founded in 1983, is a small nonprofit in the Community Improvement sector that reported $275K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

The EBDMA was organized to create a Business Improvement District, (BID) within a forty-block area in East Brooklyn Park area to enhance the business environment, bolster economic activity, and supplement municipal services. The Associations activities and services include maintenance, and supportive services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,000
Program Service Revenue $200,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $275,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,056
Fundraising Expenses $0
Program Expenses $209,359
Other Expenses $169,914
TOTAL EXPENSES $275,970

Year-over-Year Comparison

2024 2023 Change
Revenue $275,000 $232,497 +0.2%
Expenses $275,970 $245,223 +0.1%
Net Income $-970 $-12,726 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
12
Employees
N/A
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Doreen Costanzo President 0.58
Director
$0 $0 $0
Simon Busano Vice President 0.58
Director
$0 $0 $0
John Curcio Secretary/Treasurer 0.46
Director
$0 $0 $0
Richard Henning Board Member 0.23
Director
$0 $0 $0
Michael Bellovin Board Member 0.23
Director
$0 $0 $0
Stephen Genovese Board Member 0.23
Director
$0 $0 $0
Rene Boyd Board Member 0.23
Director
$0 $0 $0
Christopher Banks Non-Voting Board Member 0.23
Director
$0 $0 $0
Edward Cen Non-Voting Board Member 0.23
Director
$0 $0 $0
Edward Cen Non-Voting Board Member 0.23
Director
$0 $0 $0
Antonio Reynoso Non-Voting Board Member 0.23
Director
$0 $0 $0
Sandy Nurse Non-Voting Board Member 0.23
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $275,000 $275,970 $151,559 $-970
2024 $232,497 $245,223 $36,405 $-12,726
2023 $217,500 $226,862 $112,059 $-9,362
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