Charity Search / FARMINGDALE BUSINESS IMPROVEMENT MANAGEMENT ASSOCIATION INC
Community Improvement (S20) 990 on File

FARMINGDALE BUSINESS IMPROVEMENT MANAGEMENT ASSOCIATION INC

EIN: 87-2538794 · FARMINGDALE, NY 11735-3572 · United States · FY 2023 Data
2 out of 5 27 / 100 Based on 2+ years of filings
Financial strength (30%) 36/100
Reliability (20%) 40/100
Effectiveness (25%) 31/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$36K
Total Revenue
$41K
Total Expenses
$28K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 43.3%
Fundraising Efficiency N/A
Operating Reserve 7.97x
Liability-to-Asset N/A
Revenue Diversification 100.0%
Compared with Peers
FY 2023
Compared with 5,508 similar organizations (United States, Community Improvement, under $100K in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
43.3% 83.6%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
8.0 mo 24.8 mo
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 99.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-47.9% -0.8%
P10P90
Expense growth
Year over year expense growth
15.3% 0.0%
P10P90
Surplus margin
Surplus as a share of revenue
-15.3% 11.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $36K $41K $28K 43.3%
2022 $69K $36K $33K 38.8%
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Organization Details
EIN
87-2538794
State
NY
City
FARMINGDALE
ZIP
11735-3572
Classification
S20
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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