Generally positive net revenue, with expenses typically below or close to revenue.
Consistent filing history (13 filings) demonstrates transparency and compliance.
Low liabilities relative to assets, indicating good financial health.
Spending Breakdown
How Downtown Brooklyn Partnership allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Downtown Brooklyn Partnership
Is Downtown Brooklyn Partnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Brooklyn Partnership (EIN: 205323707) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Downtown Brooklyn Partnership a good charity to donate to?
Downtown Brooklyn Partnership has a Mission Score of 85/100. Revenue: $1.9M. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Downtown Brooklyn Partnership?
The Employer Identification Number (EIN) for Downtown Brooklyn Partnership is 205323707. 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 Downtown Brooklyn Partnership spend its money?
Downtown Brooklyn Partnership allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Downtown Brooklyn Partnership's tax-exempt status?
You can verify Downtown Brooklyn Partnership's tax-exempt status using EIN 205323707 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
The Downtown Brooklyn Partnership demonstrates consistent financial health with stable assets and generally positive net revenue over the past decade. While revenue has fluctuated, ranging from a high of $5,714,963 in 2019 to $2,100,694 in 2023, the organization has maintained substantial assets, peaking at $7,633,322 in 2023. The organization's spending efficiency appears reasonable, with expenses generally aligning with or slightly below revenue in most years, indicating responsible fiscal management. For instance, in 2023, expenses were $1,993,629 against $2,100,694 in revenue. A notable aspect of their transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests either a volunteer leadership structure or that compensation is reported under other categories, warranting further investigation for complete clarity. Overall, the organization appears financially stable and manages its resources effectively.