BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PITKIN AVENUE DISTRICT MANAGEMENT ASSOCIATION INC, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $455K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $541K exceeded revenue, resulting in a 19% operating deficit.
To promote vitality and economic growth within the Pitkin Avenue District by providing supplemental services to property owners, businesses, and residents of the area established as a Business Improvement District.
Bid Assessment - Supplemental Services (Sanitation) - maintaining clean curbs, street cleaning, graffiti removal the Pitkin Avenue Business District.
Commercial Revitalization - marketing, promotion of local businesses and events for encouraging local residents to shop within the Pitkin Avenue Business District.
Neighborhood Development, Cleanup, and Improvement - assist local property owners and business owners in the enhancement of storefronts, facades, and signage for streetscape improvements and cleanup...
Neighborhood Development, Cleanup, and Improvement - assist local property owners and business owners in the enhancement of storefronts, facades, and signage for streetscape improvements and cleanup efforts to help attract commercial activity within the Pitkin Avenue Business District.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $454,801 | $484,644 | -0.1% |
| Expenses | $540,612 | $546,004 | 0.0% |
| Net Income | $-85,811 | $-61,360 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mark Tanis | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Francillia Wilkins Rahim | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jack Dushey | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Elroy Phillips | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Edward Rubinov | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Genese Morgan | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Julian Pierre | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa Campbell | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Hirschhorn | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Yousef Kabreti | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Ayanna Williams | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Marlene Mealy | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Edward Cen | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Leslie Velazquez | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tamesha Thompson | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tiera Mack | Executive Director | 40.00 |
Key Emp
|
$50,621 | $0 | $58,371 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $454,801 | $540,612 | $81,935 | $-85,811 |
| 2024 | $484,644 | $546,004 | $148,642 | $-61,360 |
| 2023 | $822,828 | $821,502 | $372,220 | $1,326 |
| 2022 | $569,010 | $539,199 | $262,881 | $29,811 |
| 2021 | $510,691 | $442,686 | $180,770 | $68,005 |
| 2020 | $540,461 | $524,066 | $161,840 | $16,395 |
| 2019 | $593,716 | $604,216 | $204,096 | $-10,500 |
| 2018 | $472,078 | $463,872 | $106,145 | $8,206 |
Compare PITKIN AVENUE DISTRICT MANAGEMENT ASSOCIATION INC with other nonprofits in New York and across the country.