White Plains Road District Management Association Inc

Nonprofit profile at a glance

EIN
133776486
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Bronx, NY, USA
Phone
9174406076
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Coalitions

Official website

Reported finances

Revenue
$110,010
Expenses
$114,986
Assets
$57,223
Liabilities
$14,798

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

Leadership & pay

13 people listed

Executive titles in this filing

  • Filippo Tortora (President)
  • Justin Lerner until September 2024 (Executive Director)

People named in this filing

  • Filippo Tortora (President)
  • Douglas Berger (Treasurer)
  • Gilbert Vega (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable

What it reported doing in 2024

The organization administers the White Plains Road Business Improvement District.The BID provides sanitation, local business promotion and holiday lighting to the Pelham Parkway shopping area in the Bronx.

Operating model

Revenue model
Donor-supported. 100% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77%; rating input score 77
  • Program expense ratio: 73.6%; rating input score 74

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: -4.5%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 31.3%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -0.8% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -0.7% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 77% of revenue deployed · 73.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $85K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.