Five Myles Inc

EIN: 134078810 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$113,371
Total Expenses
$167,346
Total Assets
$50,329
Net Assets
$47,903
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
Hanne Tierney
Tax Period
2023-07-01 to 2024-06-30

Five Myles Inc, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $113K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $167K exceeded revenue, resulting in a 48% operating deficit.

Mission

Promote interest in innovative artwork.

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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 (2023)

Revenue Breakdown

Contributions & Grants $107,371
Program Service Revenue $6,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $113,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $102,502
Fundraising Expenses $0
Program Expenses $155,017
Other Expenses $64,844
TOTAL EXPENSES $167,346

Year-over-Year Comparison

2023 2022 Change
Revenue $113,371 $168,838 -0.3%
Expenses $167,346 $187,037 -0.1%
Net Income $-53,975 $-18,199 +2.0%
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

Financial Distress Indicator

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
7
Independent Members
7
Employees
2
Volunteers
7

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
1
$50,000
Total Directors
7
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hanne Tierney Founder 36.00
Officer Director
$50,000 $0 $50,000
Nicholas Constantakis Treasurer 5.00
Director
$0 $0 $0
Carl E Hazlewood Board member 2.00
Director
$0 $0 $0
Allyson Spellacy Board member 2.00
Director
$0 $0 $0
Kim Whitener President 2.00
Director
$0 $0 $0
Manuel Fernandez-Casteleiro Vice President 2.00
Director
$0 $0 $0
Felipe Gamba Secretary 2.00
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
2024 $113,371 $167,346 $50,329 $-53,975
2023 $168,838 $187,037 $103,514 $-18,199
2022 $201,689 $214,095 $128,740 $-12,406
2021 $216,581 $158,392 $151,525 $58,189
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