Philmont Beautification Inc

Nonprofit profile at a glance

EIN
205877789
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2011
Location
Philmont, NY, USA
Phone
5186970038
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development

Official website

Reported finances

Revenue
$94,603
Expenses
$126,747
Assets
$494,399
Liabilities
$224,159

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JOHN GOURLAY (President)

People named in this filing

  • JOHN GOURLAY (President)
  • CAROLYN STERN Co-founder (Secretary)
  • KATE MARTINO Co-founder (Treasurer)

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

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

Overview

Mission

Pbi develops and implements projects with four core programs that integrate housing, local food, small business economic development, and special projects that combat community deterioration by improving the general quality of life in the village of philmont and surrounding area. Emphasis is placed on community participation in the spirit of a traditional barn raising.

What it reported doing in 2024

Special projects: 2024 projects included the continuation of a project alliance agreement with the village of philmont for the project management of a nys dos boa program award to the village consisting of pre-development activities for seven selected primary sites identified in the summit lake and its watercourse designated brownfield opportunity area plan (boa) outlined as philmont rising goals for the regenerative redevelopment and resue of post-industrial mills, buildings and infill lots as catalysts for village revitalization. 2024 results included 2 sites designed by rice+lipka architects design team receiving 2 archictectrual awards of design excellance -sarany and aia hudson valley. Continuation of project management of an intermunicipal lwrp agawamuck creek watershed management plan with participating towns of philmont, claverack, ghent, hillsdale and australitz involving an area of 22.9 square miles of watershed lands and watercourses that feed into summit lake in philmont on the way to the hudson river estrury as the final destination.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.9%; rating input score 89
  • Fundraising efficiency: $16.68 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -34%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 3.9; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 6.9% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 0.2% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88.9% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $113K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 34/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.