4Th Street Business Improvement Association

Nonprofit profile at a glance

EIN
261381872
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Long Beach, CA, USA
Phone
5622228895
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$183,211
Expenses
$189,769
Assets
$50,805

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • LUIS NAVARRO (Vice President)
  • BRENDA RIVERA (President)
  • TY WARD (Vice President)

People named in this filing

  • KATHLEEN SCHAAF (Treasurer)
  • LUIS NAVARRO (Vice President)
  • KERSTIN KANSTEINER (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the district is to promote and market the Fourth Street shopping district as a destination through events, clean-ups and advertising. The Fourth Street Improvement Association (the b

What it reported doing in 2024

2024 Accomplishments ReviewWebsiteSet up the website to be ADA compliant and added a Resources section.EventsMaintained our Fourth Friday events & hosted another successful Holiday MarketHosted the LB Walking Club on 7/24/24 ringing hundreds of people to our districtHeld a successful return of Pour on 4th event in October 2024Helped to host a Record Fair on 8/17Participated in neighborhood clean upsHelped to sponsor the No Parking on the Dance Floor eventAdded a monthly Cars & Coffee eventHosting our first Farmers Market today! Secured Grants & FundingInvested in our own lighting and a generator for our eventsWorked with the City to get funding for extra security to patrol our street over the holidays; this helped to deter theft and broken windowsCommissioned Dave Van Patten to paint a custom cutout to be used for some of our eventsBranding & MarketingCreated welcome/outreach folders which received great receptionDesigned new/updated map of the BIDHad custom branded Marigold seeds madeAdded the 4th Street logo to the marquee above LaBomba and added neon as part of restoring itPartnershipsEstablished a partnership with another local non profit Care Closet; theyre doing a fabulous job cleaning up our street.Formed strong relationships w/ the Economic Development Team in LB (THE people BID leaders want to know!) Rose Park relationship re-establishedWorked with Diamond to remove pay station and update signage with QR codes, which has increased our parking lot revenueHosted a successful COBA tour; supported businesses on our street in the process; donated excess bread to firehouse on 4thHelped with fire relief efforts MiscNumerous Board & Budget Meetings, Fall & Spring MixersPurchased & installed two new trash cans for 4thRevised our By-LawsWorked with LB Public Works to get broken meters repaired and parking space numbers repainted on the curbsHosted a safety meeting w/ the Commander at Alder; passed out No Trespassing signsHelped with education efforts related to parking. Had reminder window clings made with QR codes to prevent people from getting tickets

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.6%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 18.5% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 16.8% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.