Brookdale Family Care Centers Inc
Brookdale Family Care Centers Inc. consistently operates at a multi-million dollar deficit with rapidly increasing liabilities.
EIN: 113237483 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $7.7M |
| Net Assets | $-44,742,026 |
| Transparency Score | 20/100 |
Is Brookdale Family Care Centers Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brookdale Family Care Centers Inc
Brookdale Family Care Centers Inc (EIN: 113237483) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $4.0M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookdale Family Care Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brookdale Family Care Centers Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $7.7M |
| Surplus / Deficit | $-4,161,751 |
| Total Assets | $3.6M |
| Total Liabilities | $48.3M |
| Net Assets | $-44,742,026 |
| Operating Margin | -116.0% |
| Debt-to-Asset Ratio | 1341.0% |
| Months of Reserves | 5.6 months |
Financial Health Grade: C
In 2023, Brookdale Family Care Centers Inc reported a deficit of $4.2M with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 1341.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brookdale Family Care Centers Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.7% | +6.3% | +14.6% |
| 2022 | -25.2% | -5.0% | -8.4% |
| 2021 | +7.2% | -1.3% | +2.9% |
| 2020 | -20.3% | -8.5% | -8.2% |
| 2019 | +10.1% | -2.3% | -27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Brookdale Family Care Centers Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Brookdale Family Care Centers Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1341.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, which is unusual for an organization with millions in revenue and expenses, and makes it impossible to analyze executive compensation relative to organizational 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 Brookdale Family Care Centers Inc's IRS 990 filings:
- Consistent multi-million dollar operational deficits (e.g., $4.16 million deficit in 2023).
- Rapidly increasing liabilities (from $24.9M in 2014 to $48.3M in 2023).
- Declining assets over the past decade (from $7.4M in 2014 to $3.6M in 2023).
- Liabilities significantly exceed assets, indicating potential insolvency.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Brookdale Family Care Centers Inc:
- No officer compensation reported across all filings, potentially indicating volunteer leadership or compensation through other means.
Frequently Asked Questions about Brookdale Family Care Centers Inc
Is Brookdale Family Care Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brookdale Family Care Centers Inc (EIN: 113237483) significant concerns. Mission Score: 20/100. 5 red flags identified, 1 strength noted.
How does Brookdale Family Care Centers Inc spend its money?
Detailed spending breakdown data is not yet available for Brookdale Family Care Centers Inc. Check back for updated IRS 990 analysis.
Are donations to Brookdale Family Care Centers Inc tax-deductible?
Brookdale Family Care Centers Inc is registered as a tax-exempt nonprofit (EIN: 113237483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brookdale Family Care Centers Inc located?
Brookdale Family Care Centers Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 113237483.
How many years of IRS 990 filings does Brookdale Family Care Centers Inc have?
Brookdale Family Care Centers 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 $4.0M in total revenue.
Is Brookdale Family Care Centers Inc. financially sustainable?
Based on the consistent multi-million dollar deficits (e.g., $3,587,092 revenue vs. $7,748,843 expenses in 2023) and rapidly increasing liabilities, the organization's financial sustainability is highly questionable.
Why are liabilities increasing so dramatically?
Liabilities have nearly doubled from $24,897,154 in 2014 to $48,347,476 in 2023, while assets have declined. This significant increase in liabilities, coupled with operational deficits, suggests the organization may be accumulating debt to cover operational shortfalls or has other significant financial obligations.
What is the organization's plan to address its persistent deficits?
The filings consistently show expenses far exceeding revenue (e.g., $7,748,843 expenses vs. $3,587,092 revenue in 2023). Without further information, it is unclear how the organization plans to close this substantial financial gap and achieve financial stability.
How does the organization fund its operations given the large deficits?
With expenses consistently exceeding revenue by millions, the organization must be relying on accumulated reserves (which appear to be declining as assets decrease), new debt, or other undisclosed funding sources to cover its operational costs.
Filing History
IRS 990 filing history for Brookdale Family Care Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brookdale Family Care Centers Inc's revenue has declined by 66%, moving from $10.5M to $3.6M. Total assets decreased by 55.7% over the same period, from $8.1M to $3.6M. Total functional expenses fell by 26.6%, from $10.6M to $7.7M. In its most recent filing year (2023), Brookdale Family Care Centers Inc reported a deficit of $4.2M, with expenses exceeding revenue. The organization holds $48.3M in liabilities against $3.6M in assets (debt-to-asset ratio: 1341.0%), resulting in net assets of $-44,742,026.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $7.7M | $3.6M | $48.3M | — | — |
| 2022 | $3.9M | $7.3M | $3.1M | $43.7M | — | View 990 |
| 2021 | $5.2M | $7.7M | $3.4M | $40.6M | — | View 990 |
| 2020 | $4.8M | $7.8M | $3.3M | $38.0M | — | View 990 |
| 2019 | $6.1M | $8.5M | $3.6M | $35.4M | — | View 990 |
| 2018 | $5.5M | $8.7M | $5.0M | $34.4M | — | View 990 |
| 2017 | $5.3M | $8.4M | $5.3M | $31.4M | — | View 990 |
| 2016 | $5.5M | $8.4M | $5.6M | $28.7M | — | View 990 |
| 2015 | $5.5M | $8.3M | $5.9M | $26.2M | — | View 990 |
| 2014 | $5.6M | $8.5M | $7.4M | $24.9M | — | View 990 |
| 2013 | $8.3M | $8.9M | $6.9M | $21.4M | — | View 990 |
| 2012 | $10.8M | $9.1M | $7.4M | $21.3M | — | View 990 |
| 2011 | $10.5M | $10.6M | $8.1M | $23.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $7.7M, and assets of $3.6M (revenue -7.7% year-over-year).
- 2022: Revenue of $3.9M, expenses of $7.3M, and assets of $3.1M (revenue -25.2% year-over-year).
- 2021: Revenue of $5.2M, expenses of $7.7M, and assets of $3.4M (revenue +7.2% year-over-year).
- 2020: Revenue of $4.8M, expenses of $7.8M, and assets of $3.3M (revenue -20.3% year-over-year).
- 2019: Revenue of $6.1M, expenses of $8.5M, and assets of $3.6M (revenue +10.1% year-over-year).
- 2018: Revenue of $5.5M, expenses of $8.7M, and assets of $5.0M (revenue +3.2% year-over-year).
- 2017: Revenue of $5.3M, expenses of $8.4M, and assets of $5.3M (revenue -3.5% year-over-year).
- 2016: Revenue of $5.5M, expenses of $8.4M, and assets of $5.6M (revenue +1.5% year-over-year).
- 2015: Revenue of $5.5M, expenses of $8.3M, and assets of $5.9M (revenue -2.6% year-over-year).
- 2014: Revenue of $5.6M, expenses of $8.5M, and assets of $7.4M (revenue -32.7% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.9M, and assets of $6.9M (revenue -22.9% year-over-year).
- 2012: Revenue of $10.8M, expenses of $9.1M, and assets of $7.4M (revenue +2.5% year-over-year).
- 2011: Revenue of $10.5M, expenses of $10.6M, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brookdale Family Care Centers Inc:
Data Sources and Methodology
This transparency report for Brookdale Family Care Centers 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.