PITKIN AVENUE DISTRICT MANAGEMENT ASSOCIATION INC

EIN: 112709046 501(c)(3) Community Improvement

BROOKLYN, NY

Total Revenue
$454,801
Total Expenses
$540,612
Total Assets
$81,935
Net Assets
$56,436
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
Francilia Wilkins Rahim
Phone
7189226600
Tax Period
2024-07-01 to 2025-06-30

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.

Mission

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.

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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 $229,801
Program Service Revenue $225,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $454,801

Expense Breakdown

Grants Paid $0
Salaries & Benefits $178,650
Fundraising Expenses $0
Program Expenses $519,620
Other Expenses $361,962
TOTAL EXPENSES $540,612

Year-over-Year Comparison

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%
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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Governance

Voting Members
16
Independent Members
16
Employees
3
Volunteers
16

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
2
$0
Total Directors
15
$0
Key Employees
1
$58,371
Highest Compensated
0
reported
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
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 $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
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