THROGGS NECK DISTRICT MANAGEMENT ASSOCIATION INC (EIN 842946779) - 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

2019

Legal Domicile

Principal Officer

ANTHONY BASSO

Phone

7185413286

Tax Period

2023-07-01 to 2024-06-30

THROGGS NECK DISTRICT MANAGEMENT ASSOCIATION INC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $418K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $371K left a modest 11% surplus.

Mission

TO SERVICE THE THROGGS NECK BUSINESS IMPROVEMENT DISTRICT IN BRONX BOROUGH, NEW YORK CITY, NEW YORK. SERVICES INCLUDE SANITATION, MARKETING AND PROMOTION, PUBLIC SAFETY, ECONOMIC DEVELOPMENT AND DISTRICT ADMINISTRATION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $340,000

Investment Income $51

Other Revenue $27,536

TOTAL REVENUE $417,587

Expense Breakdown

Grants Paid $16,350

Salaries & Benefits $113,369

Fundraising Expenses $0

Program Expenses $290,472

Other Expenses $241,571

TOTAL EXPENSES $371,290

Year-over-Year Comparison

	2023	2022	Change
Revenue	$417,587	$363,526	+0.1%
Expenses	$371,290	$337,086	+0.1%
Net Income	$46,297	$26,440	+0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY BASSO	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
JOHN SISTO	VICE CHAIRPERSON	5.00	Officer Director	$0	$0	$0
BILL TSIBIDIS	TREASURER	5.00	Officer Director	$0	$0	$0
ROBERT VELASQUEZ	BOARD MEMBER	5.00	Director	$0	$0	$0
DR ROBYN BURCHMAN	BOARD MEMBER	5.00	Director	$0	$0	$0
JACQUELINE MCQUADE	BOARD MEMBER	5.00	Director	$0	$0	$0
DONALD ENGLEDRUM	BOARD MEMBER	5.00	Director	$0	$0	$0
MICHAEL MUSANO	BOARD MEMBER	5.00	Director	$0	$0	$0
JONATHAN POLANCO	BOARD MEMBER	5.00	Director	$0	$0	$0
CHARMAIN MANGROO	REP., NYC SBS	5.00	Director	$0	$0	$0
GREER MAYHEW	REP., NYC COMPTROLLER	5.00	Director	$0	$0	$0
RENATO SCALVO	REP., COUNCILPERSON MARMORATO	5.00	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
2025	No data	No data	No data	No data
2024	$417,587	$371,290	$257,305	$46,297
2023	$363,526	$337,086	$222,089	$26,440
2022	$340,038	$340,593	$194,850	$-555
2021	$338,931	$269,683	$218,411	$69,248
2020	$200,125	$87,644	$120,574	$112,481

THROGGS NECK DISTRICT MANAGEMENT ASSOCIATION INC