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.