Is New York Community Hospital Of Brooklyn Inc Legit?
Quick charity verification for New York Community Hospital Of Brooklyn Inc (EIN: 111986351)
Verdict: New York Community Hospital Of Brooklyn Inc shows mixed signals
55/100Mission Score
$148.2MRevenue
$90.0MAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $149,384,269 expenses vs. $124,428,282 revenue in 2023).
Unusually low or unreported executive compensation (0% officer compensation across all filings) for an organization of this scale, which may indicate a lack of transparency or alternative reporting methods.
Significant liabilities relative to assets, such as $42,874,741 in liabilities against $87,759,449 in assets in 2023, indicating a potentially leveraged financial position.
Strengths
Substantial revenue generation, consistently exceeding $100 million annually in recent years, demonstrating significant operational scale.
Maintains significant asset base, with assets generally above $80 million, providing some financial stability despite operational deficits.
Clear mission as a community hospital (NTEE E220) serving a vital public need in Brooklyn, NY.
Spending Breakdown
How New York Community Hospital Of Brooklyn 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
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 New York Community Hospital Of Brooklyn Inc
Is New York Community Hospital Of Brooklyn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Community Hospital Of Brooklyn Inc (EIN: 111986351) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is New York Community Hospital Of Brooklyn Inc a good charity to donate to?
New York Community Hospital Of Brooklyn Inc has a Mission Score of 55/100. Revenue: $148.2M. Assets: $90.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Community Hospital Of Brooklyn Inc?
The Employer Identification Number (EIN) for New York Community Hospital Of Brooklyn Inc is 111986351. 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 New York Community Hospital Of Brooklyn Inc spend its money?
New York Community Hospital Of Brooklyn Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Community Hospital Of Brooklyn Inc's tax-exempt status?
You can verify New York Community Hospital Of Brooklyn Inc's tax-exempt status using EIN 111986351 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
New York Community Hospital Of Brooklyn Inc has demonstrated consistent operational deficits in recent years, with expenses exceeding revenue in most of its recent filings. For instance, in 2023, expenses were $149,384,269 against revenues of $124,428,282, indicating a significant operating loss. This trend suggests potential financial strain, as the organization is spending more than it earns. While the organization's assets have generally remained substantial, fluctuating between approximately $82 million and $116 million in recent years, the consistent deficits could erode its financial reserves over time if not addressed.
The organization's transparency regarding executive compensation is notable, with 0% reported for officer compensation across all available filings. This indicates either that officers are not compensated or that their compensation is not reported in this specific section of the 990, which warrants further investigation for a complete picture of financial transparency. The NTEE code E220 indicates a focus on general hospitals, aligning with its mission as a community hospital. However, the sustained operational losses raise questions about its long-term financial sustainability and efficiency in managing its substantial expenses relative to its revenue generation.
Given the consistent operational deficits, the organization's financial health appears challenged. While the absence of reported officer compensation could be seen as a positive for transparency, the overall financial picture suggests a need for improved revenue generation or expense management to achieve financial stability. The significant liabilities, such as $42,874,741 in 2023, also contribute to a less robust financial position, indicating a reliance on debt or other obligations.