FLATIRON23RD STREET PARTNERSHIP DISTRICT MANAGEMENT ASSOCIATION INC (EIN 204850064) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

JAMES METTHAM

Phone

2127412323

Tax Period

2024-07-01 to 2025-06-30

FLATIRON23RD STREET PARTNERSHIP DISTRICT MANAGEMENT ASSOCIATION INC, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $7.9M in total revenue in fiscal year 2024.

Mission

PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $417,444

Program Service Revenue $7,312,348

Investment Income $186,832

Other Revenue $0

TOTAL REVENUE $7,916,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,815,138

Fundraising Expenses $31,587

Program Expenses $7,457,684

Other Expenses $6,327,730

TOTAL EXPENSES $8,142,868

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,916,624	$7,332,346	+0.1%
Expenses	$8,142,868	$7,378,360	+0.1%
Net Income	$-226,244	$-46,014	+3.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$323,713

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL COHEN	CHAIR	0.50	Officer Director	$0	$0	$0
JANE GURAL-SENDERS	VICE CHAIR	0.50	Officer Director	$0	$0	$0
JASON VACKER	TREASURER	0.50	Officer Director	$0	$0	$0
NICHOLAS ATHANAIL	SECRETARY	0.50	Officer Director	$0	$0	$0
ADAM JUKOBOWSKI	DIRECTOR	0.50	Director	$0	$0	$0
ADIL MISTRY	DIRECTOR	0.50	Director	$0	$0	$0
BARRY SCHOCHET	DIRECTOR	0.50	Director	$0	$0	$0
BEN WALLER	DIRECTOR	0.50	Director	$0	$0	$0
BILL FEEKS	DIRECTOR	0.50	Director	$0	$0	$0
BRAD LANDER	DIRECTOR	0.50	Director	$0	$0	$0
CARLINA RIVERA	DIRECTOR	0.50	Director	$0	$0	$0
C-J FORD	DIRECTOR	0.50	Director	$0	$0	$0
DAG FOLGER	DIRECTOR	0.50	Director	$0	$0	$0
DEBORAH KOENIGSBERGER	DIRECTOR	0.50	Director	$0	$0	$0
EDWARD V PICCINICH	DIRECTOR	0.50	Director	$0	$0	$0
ELLIOT INGERMAN	DIRECTOR	0.50	Director	$0	$0	$0
ERIC ADAMS	DIRECTOR	0.50	Director	$0	$0	$0
ERIK BOTTCHER	DIRECTOR	0.50	Director	$0	$0	$0
GRANT GREENSPAN	DIRECTOR	0.50	Director	$0	$0	$0
JEFF BUSLIK	DIRECTOR	0.50	Director	$0	$0	$0
JIM DILL	DIRECTOR	0.50	Director	$0	$0	$0
JOHN PAVONE	DIRECTOR	0.50	Director	$0	$0	$0
JOSEPH B ROSE	DIRECTOR	0.50	Director	$0	$0	$0
KAREN HEIDELBERGER	DIRECTOR	0.50	Director	$0	$0	$0
KATHY CHAN	DIRECTOR	0.50	Director	$0	$0	$0
KEITH POWERS	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN SCHWARTZ	DIRECTOR	0.50	Director	$0	$0	$0
LESLIE SPIRA LOPEZ	DIRECTOR	0.50	Director	$0	$0	$0
MARISA SEIFAN	DIRECTOR	0.50	Director	$0	$0	$0
MARK LEVINE	DIRECTOR	0.50	Director	$0	$0	$0
MAX KOEPPEL	DIRECTOR	0.50	Director	$0	$0	$0
MELVIN NORRIS	DIRECTOR	0.50	Director	$0	$0	$0
MEREDITH DOLL	DIRECTOR	0.50	Director	$0	$0	$0
PETER WEISS	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT MCCLARY	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT STEINMAN	DIRECTOR	0.50	Director	$0	$0	$0
ROGER LARSON	DIRECTOR	0.50	Director	$0	$0	$0
SCOTT KOSTER	DIRECTOR	0.50	Director	$0	$0	$0
SHARON HART-FANELLI	DIRECTOR	0.50	Director	$0	$0	$0
TOM BLACKIE	DIRECTOR	0.50	Director	$0	$0	$0
JAMES METTHAM	PRESIDENT	40.00	Officer	$311,814	$11,899	$323,713
ANGELOS KONTOS	SENIOR DIR. OF ADMINISTRAT	40.00	Highest	$126,390	$13,920	$140,310
KURT T CAVANAUGH	VP OF PLANNING & STREETSCA	40.00	Highest	$167,660	$14,623	$182,283
GREG GODFREY	VP OF MARKETING & OUTREACH	40.00	Highest	$170,606	$10,348	$180,954

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	$7,916,624	$8,142,868	$6,055,438	$-226,244
2024	No data	No data	No data	No data
2023	$7,394,782	$6,140,139	$6,231,827	$1,254,643
2022	$6,245,179	$5,117,780	$4,091,918	$1,127,399
2021	$3,845,666	$3,471,667	$2,904,088	$373,999
2020	$3,682,017	$3,468,238	$2,442,830	$213,779
2019	$3,460,895	$3,329,490	$2,172,006	$131,405

FLATIRON23RD STREET PARTNERSHIP DISTRICT MANAGEMENT ASSOCIATION INC