Bay Ridge 5th Avenue District Management Association Inc

EIN: 651290073 501(c)(3) Community Improvement

Brooklyn, NY

Total Revenue
$610,748
Total Expenses
$604,533
Total Assets
$681,443
Net Assets
$341,076
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Principal Officer
Essa Masoud
Phone
7182388181
Tax Period
2024-07-01 to 2025-06-30

Bay Ridge 5th Avenue District Management Association Inc, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $611K in total revenue in fiscal year 2024.

Mission

The Bay Ridge 5th Ave Business Improvement District (BID) is a non-profit organization serving 5th avenue, between 65th and 85th streets. The BID is a partner to local property owners, merchants, residents, elected officials, and community organizations to improve neighborhood conditions, that promote economic and cultural vitality of our commercial corridor.

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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 $609,000
Program Service Revenue $0
Investment Income $7,405
Other Revenue $-5,657
TOTAL REVENUE $610,748

Expense Breakdown

Grants Paid $0
Salaries & Benefits $146,849
Fundraising Expenses $0
Program Expenses $499,873
Other Expenses $457,684
TOTAL EXPENSES $604,533

Year-over-Year Comparison

2024 2023 Change
Revenue $610,748 $625,344 0.0%
Expenses $604,533 $630,422 0.0%
Net Income $6,215 $-5,078 -2.2%
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
20
Independent Members
20
Employees
4
Volunteers
N/A

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
4
$0
Total Directors
1
$75,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Lovejoy Executive Dir. 40.00
Director
$75,000 $0 $75,000
James Clark Treasurer 0.00
Officer
$0 $0 $0
Essa Masoud President 0.00
Officer
$0 $0 $0
Basil Capetanakis Secretary 0.00
Officer
$0 $0 $0
Joseph Sollecito Vice President 0.00
Officer
$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
2025 $610,748 $604,533 $681,443 $6,215
2024 $625,344 $630,422 $382,974 $-5,078
2023 $701,371 $669,464 $370,773 $31,907
2022 $711,417 $686,129 $357,248 $25,288
2021 $646,344 $640,539 $317,819 $5,805
2020 $652,816 $631,296 $305,544 $21,520
2019 $548,531 $537,881 $298,086 $10,650
2018 $448,090 $491,202 $642,778 $-43,112
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