212 Ltd EIN 42-1611040

212 Ltd

EIN  42-1611040 Business league / trade association New York, NY
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until 212 Ltd claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Connects New York's advertising community through interactive events, networking, and learning.
Leadership
Montanus Edward · Treasurer
Money in and out
$620K revenue, $465K expenses
Bottom line
+25% operating surplus

Connects New York's advertising community through interactive events, networking, and learning. For fiscal year 2024 it reported $620K in revenue, $465K in expenses, and $230K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$620K
Pt VIII · Ln 12
Total expenses
$465K
Pt IX · Ln 25
Net assets
$230K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $155K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.29
Operating surplus
+25%
revenue over expenses▲ +869% vs prior filing year
Earned revenue
96%
of revenue from program services & dues▼ -3% vs prior filing year
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$620K
FY2024▲ +63%
Expenses
$465K
FY2024▲ +26%
Total assets
$230K
FY2024▲ +208%
Total liabilities
$0
FY2024
Total revenue
$620K
Pt VIII · Ln 12
Total expenses
$465K
Pt IX · Ln 25
Net assets
$230K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$155K
Total assetsPt X · Ln 16$230K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $328K of program spending, described in the organization's own filed words · FY2024.
01

2024 10th Annual Winter Gala - The 212NYC Annual Gala is the most distinguished digital media event of the year honoring members of the advertising community. On this special night, we celebrate the incredible contribution of change makers who have been instrumental in pushing our industry forward.

$123Kprogram expense
02

In connection with the exempt purpose of the Organization, various networking and educational forums and events are produced throughout the year. There is no admission cost for these events and accordingly, Organization Members are allowed to attend free of charge.

$112Kprogram expense
03

2024 3nd Annual Inter-Agency Dodgeball Tournament - Brings together the competitive spirit and camaraderie of agencies from around New York City. With heart-pounding matches, accompanied by refreshing beverages and mouthwatering food, this event was a resounding success and was attended by approximately 240 participants representing…

$93Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C212 Ltd
EINHdr · item D42-1611040
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.212nyc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFOct 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See 212 Ltd executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$594K · 96%
Contributions & grants$26K · 4%
Program service revenue96%$594K
Contributions & grants4%$26K
Total revenueLn 12$620K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.29
Program services71%$331K
Management & general29%$133K
Total functional expensesLn 25$465K

Balance Sheet

Part X · end of year
CashLn 1$230K
Total assetsLn 16$230K
Total liabilitiesLn 26$0
Total net assetsLn 32$230K
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $230K · Operating expenses/yr $465K
5.9 months
Where the money goes
Program services
Program services $331K · Total expenses $465K
71%
Management & General
Management & general $133K · Total expenses $465K
29%
Fundraising
Fundraising $0 · Total expenses $465K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $11K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $26K · Total revenue $620K
4%
Government reliance
Government grants — · Total revenue $620K
Earned-income share
Program service revenue $594K · Total revenue $620K
96%
Investment reliance
Investment income $0 · Total revenue $620K
0%
Program self-sufficiency
Program service revenue $594K · Total expenses $465K
128%
Growth & trend
Revenue growth (YoY)
This year $620K · Prior year $379K
+63%
Revenue CAGR
FY2019 $235K · FY2024 $620K
+21%
Net-asset trend (YoY)
End of year $230K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $620K · Expenses $465K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $230K
Net-asset ratio
Net assets $230K · Total assets $230K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $230K
0%
People & payroll
Highest Reported Total Compensation
Individual Montanus Edward · Reported title Treasurer · Highest reported compensation $0 · Total expenses $465K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $465K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 29%
Fundraising cost ratio 0%
Revenue growth 63%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$620K revenue · viewing · ⤓ 990 PDF
FY2023$379K revenue · ⤓ 990 PDF
FY2022$283K revenue · ⤓ 990 PDF
FY2021$34K revenue · ⤓ 990 PDF
FY2020$29K revenue · ⤓ 990 PDF
FY2019$235K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.