Gloversville District Management Association Inc
Nonprofit profile at a glance
- EIN
- 100002222
- IRS 990-EZ coverage
- 2015–2018
- Forms available
- Form 990-EZ 2018
- Location
- Gloversville, NY, USA
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $39,828
- Expenses
- $40,327
- Assets
- $29,355
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- JIM SCHLEISER (PRESIDENT)
People named in this filing
- JIM SCHLEISER (PRESIDENT)
- WILLIAM ROWBACK (VICE-PRESIDE)
- DONNA KENNEY (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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Serve as the primary organization by which members will strengthen & revitalize downtown gloversville.
What it reported doing in 2018
Improved business community creating jobs and greater use by the public of the downtown area.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.6%; rating input score 69
- Program expense ratio: 67.7%; rating input score 68
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.3%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 14.4% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 68.6% of revenue deployed · 67.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 19 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2015 to 2018
- 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.
- Moderate — Sustainability: Operating margin scored 42/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.