Black Rock Forest Consortium Inc
Black Rock Forest Consortium Inc maintains strong asset growth and low executive compensation amidst fluctuating revenues.
EIN: 133536463 · Cornwall, NY · NTEE: C360 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $19.0M |
| Transparency Score | 90/100 |
Is Black Rock Forest Consortium Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Black Rock Forest Consortium Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Black Rock Forest Consortium Inc
Black Rock Forest Consortium Inc (EIN: 133536463) is a nonprofit organization based in Cornwall, NY, classified under NTEE code C360. The organization reported total revenue of $4.1M and total assets of $22.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Rock Forest Consortium Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Rock Forest Consortium Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$3.6M |
| Total Assets | $19.2M |
| Total Liabilities | $268K |
| Net Assets | $19.0M |
| Operating Margin | 62.8% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 107.2 months |
Financial Health Grade: A
In 2023, Black Rock Forest Consortium Inc reported a surplus of $3.6M with revenue exceeding expenses, holds 107.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Black Rock Forest Consortium Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +257.6% | +4.2% | +30.4% |
| 2022 | +16.6% | +21.8% | -19.8% |
| 2021 | -76.8% | +3.5% | +9.5% |
| 2020 | +345.0% | +10.3% | +40.8% |
| 2019 | -79.9% | +16.2% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Black Rock Forest Consortium Inc with a Mission Score of 90 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, Black Rock Forest Consortium Inc 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 $3.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid or compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit of its size with assets exceeding $19 million.
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 Black Rock Forest Consortium Inc's IRS 990 filings:
- Highly fluctuating revenue streams, potentially indicating reliance on a few large, inconsistent donors or grants.
Strengths
The following positive indicators were identified for Black Rock Forest Consortium Inc:
- Strong and consistent asset growth, from $1,012,866 in 201409 to $19,237,795 in 202309.
- Consistently low expenses relative to revenue in most periods, demonstrating efficient financial management.
- Reported 0% officer compensation across all filings, indicating excellent executive-level spending efficiency.
- Positive net income in most years, contributing to robust financial health.
- Low liabilities relative to assets, with liabilities of $267,731 against assets of $19,237,795 in 202309.
Frequently Asked Questions about Black Rock Forest Consortium Inc
Is Black Rock Forest Consortium Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Black Rock Forest Consortium Inc (EIN: 133536463) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Black Rock Forest Consortium Inc spend its money?
Black Rock Forest Consortium Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Black Rock Forest Consortium Inc tax-deductible?
Black Rock Forest Consortium Inc is registered as a tax-exempt nonprofit (EIN: 133536463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Black Rock Forest Consortium Inc CEO make?
Black Rock Forest Consortium Inc's highest-compensated officer earns $19 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Black Rock Forest Consortium Inc's spending goes to programs?
Black Rock Forest Consortium Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Black Rock Forest Consortium Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Black Rock Forest Consortium Inc is above average for NTEE category C360 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Black Rock Forest Consortium Inc located?
Black Rock Forest Consortium Inc is headquartered in Cornwall, New York and files with the IRS under EIN 133536463. It is classified under NTEE code C360.
How many years of IRS 990 filings does Black Rock Forest Consortium Inc have?
Black Rock Forest Consortium Inc has 13 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 $4.1M in total revenue.
Is Black Rock Forest Consortium Inc financially stable?
Yes, the organization appears financially stable, evidenced by its consistent asset growth from $1,012,866 in 201409 to $19,237,795 in 202309, and generally positive net income in most years.
How does Black Rock Forest Consortium Inc manage its expenses?
Expenses have been well-managed, remaining relatively stable and significantly lower than revenue in most periods, such as in 202309 where expenses were $2,154,219 against revenues of $5,786,855, allowing for substantial reinvestment and asset growth.
What is the trend in the organization's revenue?
Revenue has been highly variable, ranging from $1,235,463 to $6,678,731 over the past decade, suggesting a reliance on large, potentially irregular funding sources rather than consistent, smaller contributions.
Does the organization have high administrative costs?
Based on the 0% officer compensation reported, the organization appears to have very low executive administrative costs, which is a positive indicator for overall spending efficiency.
What is the organization's asset growth rate?
The organization has experienced significant asset growth, increasing from $1,012,866 in 201409 to $19,237,795 in 202309, indicating strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Black Rock Forest Consortium Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Black Rock Forest Consortium Inc's revenue has grown by 570.8%, moving from $863K to $5.8M. Total assets increased by 1679.9% over the same period, from $1.1M to $19.2M. Total functional expenses rose by 98.1%, from $1.1M to $2.2M. In its most recent filing year (2023), Black Rock Forest Consortium Inc reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $268K in liabilities against $19.2M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $19.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $2.2M | $19.2M | $268K | — | View 990 |
| 2022 | $1.6M | $2.1M | $14.8M | $316K | — | — |
| 2021 | $1.4M | $1.7M | $18.4M | $240K | — | View 990 |
| 2020 | $6.0M | $1.6M | $16.8M | $229K | — | — |
| 2019 | $1.3M | $1.5M | $11.9M | $202K | — | View 990 |
| 2018 | $6.7M | $1.3M | $12.1M | $439K | — | View 990 |
| 2017 | $1.6M | $1.2M | $7.1M | $1.0M | — | View 990 |
| 2016 | $5.4M | $1.2M | $6.6M | $1.4M | — | View 990 |
| 2015 | $1.2M | $1.2M | $1.1M | $288K | — | View 990 |
| 2014 | $1.3M | $1.3M | $1.0M | $201K | — | View 990 |
| 2013 | $1.1M | $1.3M | $1.0M | $229K | — | View 990 |
| 2012 | $1.3M | $1.2M | $1.1M | $217K | — | View 990 |
| 2011 | $863K | $1.1M | $1.1M | $220K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $2.2M, and assets of $19.2M (revenue +257.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.1M, and assets of $14.8M (revenue +16.6% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.7M, and assets of $18.4M (revenue -76.8% year-over-year).
- 2020: Revenue of $6.0M, expenses of $1.6M, and assets of $16.8M (revenue +345.0% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.5M, and assets of $11.9M (revenue -79.9% year-over-year).
- 2018: Revenue of $6.7M, expenses of $1.3M, and assets of $12.1M (revenue +314.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.2M, and assets of $7.1M (revenue -69.9% year-over-year).
- 2016: Revenue of $5.4M, expenses of $1.2M, and assets of $6.6M (revenue +334.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue -6.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $1.0M (revenue +14.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.3M, and assets of $1.0M (revenue -11.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue +49.9% year-over-year).
- 2011: Revenue of $863K, expenses of $1.1M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Rock Forest Consortium Inc:
Data Sources and Methodology
This transparency report for Black Rock Forest Consortium Inc 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.