Cypress Hills Fulton District Management Association Inc
Nonprofit profile at a glance
- EIN
- 331897078
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Brooklyn, NY, USA
- Phone
- 3479213733
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Neighborhood, Block Associations
Reported finances
- Revenue
- $141,496
- Expenses
- $79,483
- Assets
- $66,844
- Liabilities
- $4,831
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Katty Garces (Executive Dir.)
- Chief Samsair (Chairman)
- Juan Diaz (Vice Chair)
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
To promote the economic growth and well being of the people and businesses in the Cypress Hills Fulton Street area along with people visiting the neighborhood by providing supplemental services to the community. These services include sanitation, holiday lights/decorations, graffiti removal, beautification projects, and other services and activities which foster safety, crime reduction, improved traffic flow and cleanliness to create a welcoming environment for residents, businesses, shoppers and visitors. Additionally, they also makes post-Covid efforts to retain, develop and cultivate local businesses in the BID.The Cypress Hills Fulton District Management Association Inc. is a non-profit organization establised to improve neighborhood conditions, that promote economic and cultural vitality in its commercial corridor.
What it reported doing in 2024
To promote the economic growth and well being of the people and businesses in the Cypress Hills Fulton Street area along with people visiting the neighborhood by providing supplemental services to the community. These services include sanitation, holiday lights/decorations, graffiti removal, beautification projects, and other services and activities which foster safety, crime reduction, improved traffic flow and cleanliness to create a welcoming environment for residents, businesses, shoppers and visitors. Additionally, they also makes post-Covid efforts to retain, develop and cultivate local businesses in the BID.
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
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 32
- Transparency & Controls: 100
- Sustainability: 69
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25%; rating input score 25
- Program expense ratio: 44.5%; rating input score 45
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 43.8%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 25% of revenue deployed · 44.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $35K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 25/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.