Block Institute School
Block Institute School frequently operates at a deficit, with liabilities often exceeding assets.
EIN: 112338345 · Brooklyn, NY · NTEE: B280 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $6.5M |
| Program Spending | 80% |
| Net Assets | $-1,366,038 |
| Transparency Score | 65/100 |
Is Block Institute School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Block Institute School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Block Institute School
Block Institute School (EIN: 112338345) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B280. The organization reported total revenue of $8.6M and total assets of $992K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Block Institute School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Block Institute School is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $6.5M |
| Surplus / Deficit | $-745,250 |
| Total Assets | $1.2M |
| Total Liabilities | $2.5M |
| Net Assets | $-1,366,038 |
| Operating Margin | -12.9% |
| Debt-to-Asset Ratio | 217.9% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2023, Block Institute School reported a deficit of $745K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 217.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Block Institute School's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | +10.4% | -77.7% |
| 2022 | -3.8% | -14.2% | +95.2% |
| 2021 | -11.0% | -9.8% | -0.9% |
| 2020 | -2.4% | -6.1% | +80.0% |
| 2019 | -15.9% | +5.5% | -34.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
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 Block Institute School with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Block Institute School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $745K, with expenses exceeding revenue.
- Debt-to-asset ratio: 217.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is a strong positive for transparency and resource allocation relative to the organization's size.
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 Block Institute School's IRS 990 filings:
- Frequent operational deficits (e.g., 2023, 2021, 2019, 2017, 2016, 2015, 2014)
- Liabilities often exceed assets (e.g., 2023, 2021, 2020, 2019, 2017, 2016, 2015, 2014)
- Significant volatility in asset levels over time
Strengths
The following positive indicators were identified for Block Institute School:
- 0% reported officer compensation across all filings, indicating strong transparency and dedication of resources to the mission.
- Consistent revenue generation in the multi-million dollar range over a decade.
Frequently Asked Questions about Block Institute School
Is Block Institute School a legitimate charity?
Block Institute School (EIN: 112338345) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.6M. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does Block Institute School spend its money?
Block Institute School directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Block Institute School tax-deductible?
Block Institute School is registered as a tax-exempt nonprofit (EIN: 112338345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Block Institute School's spending goes to programs?
Block Institute School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Block Institute School compare to similar nonprofits?
With a transparency score of 65/100 (Good), Block Institute School is above average for NTEE category B280 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Block Institute School located?
Block Institute School is headquartered in Brooklyn, New York and files with the IRS under EIN 112338345. It is classified under NTEE code B280.
How many years of IRS 990 filings does Block Institute School have?
Block Institute School 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 $8.6M in total revenue.
Is Block Institute School a good charity?
Block Institute School has a clear mission and reports 0% officer compensation, which are positive aspects. However, its frequent operational deficits and high liabilities relative to assets raise concerns about financial stability and long-term sustainability, which are critical for a 'good' charity.
Why does Block Institute School frequently have expenses exceeding revenue?
The filings show that in multiple periods, such as 2023 ($6.5M expenses vs. $5.7M revenue) and 2021 ($6.86M expenses vs. $6.83M revenue), expenses surpassed revenue. This consistent trend suggests potential challenges in revenue generation or cost management that warrant further investigation.
What is the trend in Block Institute School's assets and liabilities?
Assets have fluctuated significantly, from a high of $5.2M in 2022 to a current low of $991K. Liabilities have often been substantial, frequently exceeding assets, for example, $2.5M liabilities vs. $1.1M assets in 2023, indicating a potentially leveraged financial position.
Filing History
IRS 990 filing history for Block Institute School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Block Institute School's revenue has declined by 21.3%, moving from $7.3M to $5.8M. Total assets decreased by 68.1% over the same period, from $3.6M to $1.2M. Total functional expenses fell by 17.7%, from $7.9M to $6.5M. In its most recent filing year (2023), Block Institute School reported a deficit of $745K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $1.2M in assets (debt-to-asset ratio: 217.9%), resulting in net assets of $-1,366,038.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $6.5M | $1.2M | $2.5M | — | View 990 |
| 2022 | $6.6M | $5.9M | $5.2M | $5.8M | — | View 990 |
| 2021 | $6.8M | $6.9M | $2.7M | $4.0M | — | View 990 |
| 2020 | $7.7M | $7.6M | $2.7M | $3.7M | — | View 990 |
| 2019 | $7.9M | $8.1M | $1.5M | $2.6M | — | View 990 |
| 2018 | $9.4M | $7.7M | $2.3M | $3.2M | — | View 990 |
| 2017 | $6.8M | $7.2M | $2.1M | $6.5M | — | — |
| 2016 | $9.4M | $10.1M | $1.7M | $5.7M | — | View 990 |
| 2015 | $9.1M | $10.0M | $1.6M | $4.8M | — | View 990 |
| 2014 | $9.3M | $9.9M | $1.6M | $4.0M | — | View 990 |
| 2013 | $9.5M | $9.5M | $2.0M | $3.8M | — | View 990 |
| 2012 | $9.1M | $9.8M | $2.6M | $4.4M | — | View 990 |
| 2011 | $7.3M | $7.9M | $3.6M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $6.5M, and assets of $1.2M (revenue -12.4% year-over-year).
- 2022: Revenue of $6.6M, expenses of $5.9M, and assets of $5.2M (revenue -3.8% year-over-year).
- 2021: Revenue of $6.8M, expenses of $6.9M, and assets of $2.7M (revenue -11.0% year-over-year).
- 2020: Revenue of $7.7M, expenses of $7.6M, and assets of $2.7M (revenue -2.4% year-over-year).
- 2019: Revenue of $7.9M, expenses of $8.1M, and assets of $1.5M (revenue -15.9% year-over-year).
- 2018: Revenue of $9.4M, expenses of $7.7M, and assets of $2.3M (revenue +36.9% year-over-year).
- 2017: Revenue of $6.8M, expenses of $7.2M, and assets of $2.1M (revenue -27.0% year-over-year).
- 2016: Revenue of $9.4M, expenses of $10.1M, and assets of $1.7M (revenue +2.6% year-over-year).
- 2015: Revenue of $9.1M, expenses of $10.0M, and assets of $1.6M (revenue -1.9% year-over-year).
- 2014: Revenue of $9.3M, expenses of $9.9M, and assets of $1.6M (revenue -1.7% year-over-year).
- 2013: Revenue of $9.5M, expenses of $9.5M, and assets of $2.0M (revenue +4.1% year-over-year).
- 2012: Revenue of $9.1M, expenses of $9.8M, and assets of $2.6M (revenue +24.4% year-over-year).
- 2011: Revenue of $7.3M, expenses of $7.9M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Block Institute School:
Data Sources and Methodology
This transparency report for Block Institute 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.