F Y Eye Inc
- Assets
- $2.4m
- Revenue
- $513.6k
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 08/2006
- Data as of
- 06/2022
- EIN
- 04-3815653
Organization Overview
F Y Eye Inc is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, F Y Eye Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F Y Eye Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, F Y Eye Inc generated $513.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $446.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR ORGANIZATIONS MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
F.Y. EYE IS A NONPROFIT MEDIA AGENCY THAT WORKS WITH OTHER NONPROFITS AND GOVERNMENT ORGANIZATIONS TO BUILD PUBLIC AWARENESS ABOUT A VARIETY OF IMPORTANT SOCIAL, CIVIC, EDUCATIONAL AND HEALTH- BASED ISSUES IN ORDER TO GET TRUSTED AND RELIABLE INFORMATION TO MARGINALIZED AND VULNERABLE POPULATIONS. F.Y. EYE ACHIEVES THIS MISSION THROUGH A VARIETY OF LOW-COST AND FREE MEDIA SERVICES, THE CORNERSTONE OF WHICH IS THEIR PSA NETWORK, PUBLIC SERVICE ANNOUNCEMENTS, A FREE DIGITAL OUT OF HOME ADVERTISING NETWORK LOCATED IN NONPROFIT SPACES ACROSS NYC AND THE COUNTRY. F.Y. EYE PROVIDES NONPROFITS WITH A VARIETY OF LOW-COST CREATIVE SERVICES INCLUDING OUTREACH CAMPAIGNS, DIGITAL MEDIA STRATEGIES, MEDIA BUYING AND DONATED MEDIA PLACEMENTS. F.Y. EYES INNOVATIVE MODEL ALSO INCLUDES ITS IMPACT ARTIST NETWORK, A COMMUNITY OF SOCIALLY ENGAGED PHOTOGRAPHERS, ILLUSTRATORS, PAINTERS, SCULPTORS AND MORE WHO PARTNER WITH US TO CREATE THE MOST POWERFUL AND SUCCESSFUL AMPLIFICATION POSSIBLE FOR ITS CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Toledano Executive Director | Officer | 40 | $94,868 |
Mark Cohen Secretary | OfficerTrustee | 3 | $0 |
Lorin Silverman President | OfficerTrustee | 4 | $0 |
Grace Chung Director | Trustee | 1 | $0 |
Eva Kantrowitz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,433 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,433 |
| Total Program Service Revenue | $415,028 |
| Investment income | $33,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38,222 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $513,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,712 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,895 |
| Compensation of current officers, directors, key employees. | $15,589 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,604 |
| Pension plan accruals and contributions | $3,888 |
| Other employee benefits | $33,202 |
| Payroll taxes | $25,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,736 |
| Fees for services: Other | $2,482 |
| Advertising and promotion | $2,726 |
| Office expenses | $0 |
| Information technology | $15,439 |
| Royalties | $0 |
| Occupancy | $15,266 |
| Travel | $1,202 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,733 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,399 |
| Insurance | $3,420 |
| All other expenses | $0 |
| Total functional expenses | $446,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $345,580 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,563 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,059,639 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,448,782 |
| Accounts payable and accrued expenses | $141,221 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,330,209 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,471,430 |
| Net assets without donor restrictions | $977,352 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,448,782 |
Grants Awarded
Over the last fiscal year, F Y Eye Inc has awarded $12,712 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: PSA Host | $7,109 |
New York, NY PURPOSE: PSA Host | $5,603 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that F Y Eye Inc has recieved totaling $950,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $400,000 |
Fjc New York, NY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $200,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $200,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: ENDOWMENT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bread & Roses Community Fund Philadelphia, PA | $8,957,531 | $3,374,785 |
Imamia Medics International Inc Princeton, NJ | $2,935,135 | $3,395,301 |
Center For Discovery Magnet Services Corporation Harris, NY | $189,155 | $1,104,606 |
Confluence Philanthropy Inc New York, NY | $2,455,655 | $2,622,242 |
Edward And Mary Lord Foundation North Franklin, CT | $19,072,145 | $1,295,529 |
Fk Charitable Foundation Highland Mills, NY | $389,031 | $0 |
Jewish Community Properties Inc Cherry Hill, NJ | $10,959,629 | $182,673 |
Ugc Foundation Inc New Rochelle, NY | $4,768,783 | $576,034 |
M66 Foundation Inc New York, NY | $2,428,424 | $272,743 |
F Y Eye Inc New York, NY | $2,448,782 | $513,615 |
Soldier On Development & Management Company Inc Pittsfield, MA | $435,591 | $411,238 |
Backpacks For Life Inc Jersey City, NJ | $420,764 | $332,260 |