Is Brooklyn Perinatal Network Inc Legit?

Quick charity verification for Brooklyn Perinatal Network Inc (EIN: 133428222)

Verdict: Brooklyn Perinatal Network Inc appears trustworthy

85/100Mission Score

$4.3MRevenue

$3.5MAssets

1Red Flags

4Strengths

Red Flags

Liabilities have exceeded assets in several recent periods (e.g., 202306: $2,534,744 liabilities vs. $2,449,294 assets; 202206: $2,260,060 liabilities vs. $2,023,487 assets), indicating potential reliance on short-term funding or tight cash flow management.

Strengths

Consistent revenue growth, increasing from $845,256 in 201606 to $1,971,654 in 202306, demonstrating expanding capacity and impact.
Zero reported officer compensation across all available filings, indicating a strong commitment to directing funds towards programs and operational efficiency.
Expenses closely track revenue, suggesting efficient deployment of funds for mission-related activities (e.g., 202306 revenue $1,971,654 vs. expenses $1,967,768).
Strong asset growth over time, from $490,586 in 201806 to $2,449,294 in 202306, enhancing long-term stability.

Spending Breakdown

How Brooklyn Perinatal Network Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Brooklyn Perinatal Network Inc

Is Brooklyn Perinatal Network Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Brooklyn Perinatal Network Inc (EIN: 133428222) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Brooklyn Perinatal Network Inc a good charity to donate to?

Brooklyn Perinatal Network Inc has a Mission Score of 85/100. Revenue: $4.3M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Brooklyn Perinatal Network Inc?

The Employer Identification Number (EIN) for Brooklyn Perinatal Network Inc is 133428222. 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 Brooklyn Perinatal Network Inc spend its money?

Brooklyn Perinatal Network Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Brooklyn Perinatal Network Inc's tax-exempt status?

You can verify Brooklyn Perinatal Network Inc's tax-exempt status using EIN 133428222 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

Brooklyn Perinatal Network Inc has demonstrated consistent growth in revenue and assets over the past several years, with its latest revenue reported at $4,326,761 and assets at $3,535,435. The organization's expenses have generally tracked closely with its revenue, indicating a commitment to utilizing funds for its mission. For instance, in 202306, revenue was $1,971,654 against expenses of $1,967,768, showing nearly all income was spent on operations. This trend of spending close to revenue suggests efficient deployment of resources rather than significant accumulation of unrestricted funds.

The organization's financial health appears stable, though it has historically operated with liabilities sometimes exceeding assets, as seen in 202306 ($2,534,744 liabilities vs. $2,449,294 assets) and 202206 ($2,260,060 liabilities vs. $2,023,487 assets). This indicates a reliance on current funding for operations and a need for careful cash flow management. However, the overall growth in assets from $490,586 in 201806 to $2,449,294 in 202306 suggests a strengthening financial position over time.

Transparency is a strong point, as the filings consistently report 0% officer compensation across all available periods. This indicates that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence regarding executive pay. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and public disclosure.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.