Brookfield Academy Inc
Brookfield Academy: Consistent Revenue, High Program Spending
EIN: 222234460 · Cherry Hill, NJ · NTEE: B28Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $11.1M |
| Total Expenses | $9.5M |
| Program Spending | 85% |
| Net Assets | $4.3M |
| Transparency Score | 75/100 |
Is Brookfield Academy Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brookfield Academy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brookfield Academy Inc
Brookfield Academy Inc (EIN: 222234460) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code B28Z. The organization reported total revenue of $11.1M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookfield Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brookfield Academy Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.4M |
| Total Expenses | $9.5M |
| Surplus / Deficit | $-97,535 |
| Total Assets | $7.2M |
| Total Liabilities | $2.9M |
| Net Assets | $4.3M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 40.1% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2023, Brookfield Academy Inc reported a deficit of $98K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 40.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brookfield Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.1% | +10.1% | +4.0% |
| 2022 | +43.1% | +15.7% | -9.5% |
| 2021 | -8.2% | -5.9% | +10.5% |
| 2020 | -9.9% | -4.8% | +16.6% |
| 2019 | +9.6% | +6.6% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
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 Brookfield Academy Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Brookfield Academy 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 deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely indicates no compensation reported for key employees in the summarized filings.
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.
Strengths
The following positive indicators were identified for Brookfield Academy Inc:
- Consistently high program spending, with 85% of expenses allocated to programs.
- Stable revenue generation over the past several years, with revenues consistently above $7 million.
- Healthy asset base, with assets consistently exceeding liabilities.
Frequently Asked Questions about Brookfield Academy Inc
Is Brookfield Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brookfield Academy Inc (EIN: 222234460) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Brookfield Academy Inc spend its money?
Brookfield Academy Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brookfield Academy Inc tax-deductible?
Brookfield Academy Inc is registered as a tax-exempt nonprofit (EIN: 222234460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brookfield Academy Inc's spending goes to programs?
Brookfield Academy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brookfield Academy Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Brookfield Academy Inc is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brookfield Academy Inc located?
Brookfield Academy Inc is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 222234460. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Brookfield Academy Inc have?
Brookfield Academy 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 $11.1M in total revenue.
What does Brookfield Academy Inc do?
Brookfield Academy Inc is a nonprofit organization in the Education sector, located in Cherry Hill, New Jersey. It is classified under NTEE code B28Z.
How much revenue does Brookfield Academy Inc have?
Brookfield Academy Inc reported total revenue of $11,092,162. Based on 13 IRS 990 filings on record.
What are Brookfield Academy Inc's total assets?
Brookfield Academy Inc holds total assets of $7,830,354 as reported in IRS 990 filings.
Where is Brookfield Academy Inc located?
Brookfield Academy Inc is based in Cherry Hill, New Jersey.
What is Brookfield Academy Inc's EIN?
Brookfield Academy Inc's Employer Identification Number (EIN) is 222234460. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Brookfield Academy Inc?
Brookfield Academy Inc is classified under NTEE code B28Z (Education).
Is Brookfield Academy Inc a registered 501(c)(3)?
Yes, Brookfield Academy Inc is recognized as a tax-exempt organization by the IRS. EIN: 222234460.
Does Brookfield Academy Inc file IRS Form 990?
Yes, Brookfield Academy Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Brookfield Academy Inc's revenue in 2023?
In the 202306 filing period, Brookfield Academy Inc reported total revenue of $9,435,085, total expenses of $9,532,620, and net assets of $7,168,951.
Is Brookfield Academy Inc's revenue growing or declining?
Brookfield Academy Inc's revenue is declining. Revenue went from $10,269,687 (202206) to $9,435,085 (202306), a -8.1% change. Based on 13 filings on record.
What is Brookfield Academy Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Brookfield Academy Inc covers tax period 202306. It shows revenue of $9,435,085, expenses of $9,532,620, total assets of $7,168,951, and liabilities of $2,872,163.
How much does Brookfield Academy Inc spend on programs vs administration?
Based on IRS 990 analysis, Brookfield Academy Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Brookfield Academy Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Brookfield Academy Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Brookfield Academy Inc's strengths?
Positive indicators for Brookfield Academy Inc include: Consistently high program spending, with 85% of expenses allocated to programs.. Stable revenue generation over the past several years, with revenues consistently above $7 million.. Healthy asset base, with assets consistently exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Brookfield Academy Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely indicates no compensation reported for key employees in the summarized filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Brookfield Academy managed to maintain a relatively stable revenue stream despite fluctuations in the broader economic environment?
Brookfield Academy has demonstrated remarkable revenue stability, with annual revenues consistently ranging between $7.1 million and $11.0 million over the past eight years, suggesting effective fundraising and program delivery strategies.
Filing History
IRS 990 filing history for Brookfield Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brookfield Academy Inc's revenue has grown by 22.5%, moving from $7.7M to $9.4M. Total assets increased by 21.6% over the same period, from $5.9M to $7.2M. Total functional expenses rose by 24.6%, from $7.7M to $9.5M. In its most recent filing year (2023), Brookfield Academy Inc reported a deficit of $98K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $7.2M in assets (debt-to-asset ratio: 40.1%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.4M | $9.5M | $7.2M | $2.9M | — | — |
| 2022 | $10.3M | $8.7M | $6.9M | $2.4M | — | View 990 |
| 2021 | $7.2M | $7.5M | $7.6M | $4.7M | — | View 990 |
| 2020 | $7.8M | $8.0M | $6.9M | $3.7M | — | View 990 |
| 2019 | $8.7M | $8.4M | $5.9M | $2.6M | — | View 990 |
| 2018 | $7.9M | $7.8M | $5.7M | $2.7M | — | View 990 |
| 2017 | $7.9M | $7.5M | $5.8M | $2.9M | — | View 990 |
| 2016 | $7.6M | $7.7M | $5.4M | $2.9M | — | View 990 |
| 2015 | $7.9M | $7.7M | $5.7M | $3.1M | — | View 990 |
| 2014 | $7.6M | $7.5M | $7.1M | $4.8M | — | View 990 |
| 2013 | $7.5M | $7.3M | $6.3M | $4.1M | — | View 990 |
| 2012 | $7.3M | $7.2M | $5.9M | $3.8M | — | View 990 |
| 2011 | $7.7M | $7.7M | $5.9M | $4.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.4M, expenses of $9.5M, and assets of $7.2M (revenue -8.1% year-over-year).
- 2022: Revenue of $10.3M, expenses of $8.7M, and assets of $6.9M (revenue +43.1% year-over-year).
- 2021: Revenue of $7.2M, expenses of $7.5M, and assets of $7.6M (revenue -8.2% year-over-year).
- 2020: Revenue of $7.8M, expenses of $8.0M, and assets of $6.9M (revenue -9.9% year-over-year).
- 2019: Revenue of $8.7M, expenses of $8.4M, and assets of $5.9M (revenue +9.6% year-over-year).
- 2018: Revenue of $7.9M, expenses of $7.8M, and assets of $5.7M (revenue -0.3% year-over-year).
- 2017: Revenue of $7.9M, expenses of $7.5M, and assets of $5.8M (revenue +4.9% year-over-year).
- 2016: Revenue of $7.6M, expenses of $7.7M, and assets of $5.4M (revenue -4.6% year-over-year).
- 2015: Revenue of $7.9M, expenses of $7.7M, and assets of $5.7M (revenue +4.0% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.5M, and assets of $7.1M (revenue +2.3% year-over-year).
- 2013: Revenue of $7.5M, expenses of $7.3M, and assets of $6.3M (revenue +2.0% year-over-year).
- 2012: Revenue of $7.3M, expenses of $7.2M, and assets of $5.9M (revenue -5.0% year-over-year).
- 2011: Revenue of $7.7M, expenses of $7.7M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brookfield Academy Inc:
Data Sources and Methodology
This transparency report for Brookfield Academy 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.