FIFTH AVENUE CORPORATION (EIN 330236377) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

FRAN KILBURG

Phone

6192352315

Tax Period

2019-01-01 to 2019-12-31

FIFTH AVENUE CORPORATION, founded in 1987, is a small nonprofit that reported $133K in total revenue in fiscal year 2019. Revenue surged 146% from the prior year, signaling strong growth momentum. Expenses of $127K left a modest 5% surplus.

Mission

THE CORPORATION'S PURPOSE IS TO PROVIDE NEEDY ELDERLY WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON A NONPROFIT BASIS.

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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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $109,040

Program Service Revenue $24,180

Investment Income $1

Other Revenue $0

TOTAL REVENUE $133,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,000

Fundraising Expenses $0

Program Expenses $119,662

Other Expenses $54,751

TOTAL EXPENSES $126,751

Year-over-Year Comparison

	2019	2018	Change
Revenue	$133,221	$54,205	+1.5%
Expenses	$126,751	$119,873	+0.1%
Net Income	$6,470	$-65,668	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$212,790

Total Directors

$212,790

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL CHELMINIAK	PRESIDENT	10.00	Officer Director	$36,000	$0	$36,000
MANNY LOPEZ	VICE PRESIDENT	10.00	Officer Director	$36,000	$0	$36,000
CHRISTOPHER MORRIS	SECRETARY	1.00	Officer Director	$0	$0	$0
FRANCES KILBURG	VICE PRESIDENT/ CFO	5.00	Officer Director	$0	$0	$140,790

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
2019	$133,221	$126,751	No data	$6,470
2018	$54,205	$119,873	$3,620	$-65,668

FIFTH AVENUE CORPORATION