Berkeley Carroll Street School
Berkeley Carroll Street School shows consistent revenue growth and healthy asset accumulation over the past decade.
EIN: 112611384 · Brooklyn, NY · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $63.9M |
| Total Expenses | $57.7M |
| Program Spending | 85% |
| Net Assets | $53.7M |
| Transparency Score | 85/100 |
Is Berkeley Carroll Street School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Berkeley Carroll Street School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Berkeley Carroll Street School
Berkeley Carroll Street School (EIN: 112611384) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B200. The organization reported total revenue of $63.9M and total assets of $108.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Berkeley Carroll Street School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Berkeley Carroll Street School is a major nonprofit that has been operating for 43 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61.4M |
| Total Expenses | $57.7M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $96.6M |
| Total Liabilities | $42.9M |
| Net Assets | $53.7M |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 44.4% |
| Months of Reserves | 20.1 months |
Financial Health Grade: A
In 2023, Berkeley Carroll Street School reported a surplus of $3.7M with revenue exceeding expenses, holds 20.1 months of operating reserves (strong position), has a debt-to-asset ratio of 44.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Berkeley Carroll Street School's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +10.3% | +6.0% |
| 2022 | +17.6% | +6.8% | -0.4% |
| 2021 | +1.5% | +5.2% | +6.9% |
| 2020 | +1.1% | +1.5% | +8.5% |
| 2019 | +4.3% | +4.4% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Berkeley Carroll Street School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Berkeley Carroll Street School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.4%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filing periods, which is unusual for an organization of this size and revenue. This suggests that executive compensation may be reported under different categories or that the top officers are not compensated, which warrants further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Berkeley Carroll Street School's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in compensation reporting.
Strengths
The following positive indicators were identified for Berkeley Carroll Street School:
- Consistent revenue growth, increasing from $34.6 million in 2014 to $61.4 million in 2023.
- Healthy operational surpluses, with revenue consistently exceeding expenses (e.g., $3.7 million surplus in 2023).
- Strong asset growth, nearly doubling from $55.3 million in 2014 to $96.5 million in 2023.
- Stable liability management, with liabilities growing at a slower rate than assets, indicating good financial control.
Frequently Asked Questions about Berkeley Carroll Street School
Is Berkeley Carroll Street School a legitimate charity?
Berkeley Carroll Street School (EIN: 112611384) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $63.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Berkeley Carroll Street School spend its money?
Berkeley Carroll Street School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Berkeley Carroll Street School tax-deductible?
Berkeley Carroll Street School is registered as a tax-exempt nonprofit (EIN: 112611384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Berkeley Carroll Street School's spending goes to programs?
Berkeley Carroll Street School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Berkeley Carroll Street School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Berkeley Carroll Street School is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Berkeley Carroll Street School located?
Berkeley Carroll Street School is headquartered in Brooklyn, New York and files with the IRS under EIN 112611384. It is classified under NTEE code B200.
How many years of IRS 990 filings does Berkeley Carroll Street School have?
Berkeley Carroll Street School has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $63.9M in total revenue.
How is executive compensation handled if 'Officer Comp' is consistently 0%?
The consistent reporting of 0% for 'Officer Comp' across all filings for an organization with over $60 million in revenue suggests that executive compensation might be categorized differently (e.g., as salaries for key employees rather than officers) or that the top leadership is uncompensated. This requires reviewing the full 990 forms for detailed compensation schedules.
What is the primary source of the organization's significant revenue growth?
The provided data indicates a substantial increase in revenue from $34.6 million in 2014 to $61.4 million in 2023. Given its NTEE code (B200 - Elementary & Secondary Education), this growth is likely driven by increased tuition fees, enrollment, and/or successful fundraising campaigns, which would be detailed in the full 990 filings.
What is the organization's long-term strategy for managing its growing assets and liabilities?
The organization has consistently grown its assets, nearly doubling them from $55.3 million in 2014 to $96.5 million in 2023, while also managing liabilities. A detailed strategy for asset utilization (e.g., endowment growth, facility improvements) and liability management would be crucial for understanding its long-term financial planning, which is not discernible from the summary data.
Filing History
IRS 990 filing history for Berkeley Carroll Street School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Berkeley Carroll Street School's revenue has grown by 107.6%, moving from $29.6M to $61.4M. Total assets increased by 87.7% over the same period, from $51.5M to $96.6M. Total functional expenses rose by 104%, from $28.3M to $57.7M. In its most recent filing year (2023), Berkeley Carroll Street School reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $42.9M in liabilities against $96.6M in assets (debt-to-asset ratio: 44.4%), resulting in net assets of $53.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61.4M | $57.7M | $96.6M | $42.9M | — | View 990 |
| 2022 | $60.3M | $52.3M | $91.1M | $40.4M | — | View 990 |
| 2021 | $51.3M | $49.0M | $91.5M | $45.1M | — | View 990 |
| 2020 | $50.5M | $46.6M | $85.6M | $45.2M | — | View 990 |
| 2019 | $50.0M | $45.9M | $78.9M | $41.8M | — | View 990 |
| 2018 | $47.9M | $43.9M | $76.0M | $42.5M | — | View 990 |
| 2017 | $44.4M | $41.1M | $72.4M | $44.5M | — | View 990 |
| 2016 | $45.5M | $39.6M | $75.3M | $51.7M | — | View 990 |
| 2015 | $37.2M | $36.3M | $60.9M | $41.5M | — | View 990 |
| 2014 | $34.7M | $33.9M | $55.3M | $36.2M | — | View 990 |
| 2013 | $31.1M | $30.7M | $53.4M | $35.7M | — | View 990 |
| 2012 | $29.6M | $28.3M | $51.5M | $35.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61.4M, expenses of $57.7M, and assets of $96.6M (revenue +1.9% year-over-year).
- 2022: Revenue of $60.3M, expenses of $52.3M, and assets of $91.1M (revenue +17.6% year-over-year).
- 2021: Revenue of $51.3M, expenses of $49.0M, and assets of $91.5M (revenue +1.5% year-over-year).
- 2020: Revenue of $50.5M, expenses of $46.6M, and assets of $85.6M (revenue +1.1% year-over-year).
- 2019: Revenue of $50.0M, expenses of $45.9M, and assets of $78.9M (revenue +4.3% year-over-year).
- 2018: Revenue of $47.9M, expenses of $43.9M, and assets of $76.0M (revenue +8.0% year-over-year).
- 2017: Revenue of $44.4M, expenses of $41.1M, and assets of $72.4M (revenue -2.4% year-over-year).
- 2016: Revenue of $45.5M, expenses of $39.6M, and assets of $75.3M (revenue +22.3% year-over-year).
- 2015: Revenue of $37.2M, expenses of $36.3M, and assets of $60.9M (revenue +7.2% year-over-year).
- 2014: Revenue of $34.7M, expenses of $33.9M, and assets of $55.3M (revenue +11.6% year-over-year).
- 2013: Revenue of $31.1M, expenses of $30.7M, and assets of $53.4M (revenue +5.0% year-over-year).
- 2012: Revenue of $29.6M, expenses of $28.3M, and assets of $51.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Berkeley Carroll Street School:
Data Sources and Methodology
This transparency report for Berkeley Carroll Street School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.