Is Bric Arts Media Bklyn Inc Legit? —…

Spending Breakdown

How Bric Arts Media Bklyn Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Bric Arts Media Bklyn Inc

Is Bric Arts Media Bklyn Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Bric Arts Media Bklyn Inc (EIN: 112547268) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Bric Arts Media Bklyn Inc a good charity to donate to?

Bric Arts Media Bklyn Inc has a Mission Score of 70/100. Revenue: $13.4M. Assets: $15.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bric Arts Media Bklyn Inc?

The Employer Identification Number (EIN) for Bric Arts Media Bklyn Inc is 112547268. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Bric Arts Media Bklyn Inc spend its money?

Bric Arts Media Bklyn Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bric Arts Media Bklyn Inc's tax-exempt status?

You can verify Bric Arts Media Bklyn Inc's tax-exempt status using EIN 112547268 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Bric Arts Media Bklyn Inc demonstrates a generally stable financial history, though recent filings show a trend of expenses exceeding revenue. In the 202306 period, expenses were $18,552,993 against revenues of $14,315,967, resulting in a deficit. This follows a similar pattern in 202106. While the organization maintains substantial assets ($16,386,065 in 202306), the consistent operating deficits could be a concern if not addressed. The organization's transparency is commendable given the consistent filing of IRS Form 990s, with 13 filings available, indicating a commitment to public disclosure. However, without detailed functional expense breakdowns, a precise assessment of spending efficiency (e.g., program vs. administrative costs) is challenging.

The organization's assets have seen a notable decrease from a peak of $23,861,796 in 201406 to $16,386,065 in 202306, while liabilities have fluctuated but remained relatively low compared to assets. The absence of reported officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact the perception of transparency regarding executive pay. Overall, Bric Arts Media Bklyn Inc appears to be a well-established organization with a long history of operations, but recent financial trends warrant closer monitoring.

Is Bric Arts Media Bklyn Inc Legit?

Verdict: Bric Arts Media Bklyn Inc appears trustworthy

Red Flags

Strengths