Brooklyn Alliance Inc
Brooklyn Alliance Inc shows consistent revenue growth and zero reported officer compensation across filings, with liabilities closely tracking assets.
EIN: 112145956 · Brooklyn, NY · NTEE: S20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $6.2M |
| Program Spending | 90% |
| Net Assets | $459K |
| Transparency Score | 85/100 |
Is Brooklyn Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brooklyn Alliance Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brooklyn Alliance Inc
Brooklyn Alliance Inc (EIN: 112145956) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code S20Z. The organization reported total revenue of $6.9M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooklyn Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooklyn Alliance Inc is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$13K |
| Total Assets | $4.9M |
| Total Liabilities | $4.4M |
| Net Assets | $459K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 90.6% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Brooklyn Alliance Inc reported a surplus of $13K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 90.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brooklyn Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | -0.8% | -9.4% |
| 2022 | +69.4% | +91.7% | +257.9% |
| 2021 | +23.8% | +23.5% | -60.8% |
| 2020 | -6.7% | -19.5% | +18.8% |
| 2019 | -22.8% | -19.7% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Brooklyn Alliance Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Brooklyn Alliance Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, which would require further scrutiny 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 Brooklyn Alliance Inc's IRS 990 filings:
- High liability-to-asset ratio in recent years (e.g., 90.6% in 2023)
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult
- Unclear how executive leadership is compensated if not through reported officer compensation, potentially impacting transparency
Strengths
The following positive indicators were identified for Brooklyn Alliance Inc:
- Consistent revenue growth, particularly in recent years (e.g., $3.4M in 2021 to $6.2M in 2023)
- Zero reported officer compensation across all filings, suggesting strong program focus or volunteer leadership
- Growing asset base, indicating increased capacity and resources (e.g., $884K in 2016 to $4.9M in 2023)
- Expenses closely track revenues, suggesting efficient utilization of incoming funds
Frequently Asked Questions about Brooklyn Alliance Inc
Is Brooklyn Alliance Inc a legitimate charity?
Brooklyn Alliance Inc (EIN: 112145956) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.9M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Brooklyn Alliance Inc spend its money?
Brooklyn Alliance Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Brooklyn Alliance Inc tax-deductible?
Brooklyn Alliance Inc is registered as a tax-exempt nonprofit (EIN: 112145956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brooklyn Alliance Inc's spending goes to programs?
Brooklyn Alliance Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brooklyn Alliance Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Brooklyn Alliance Inc is above average for NTEE category S20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brooklyn Alliance Inc located?
Brooklyn Alliance Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112145956. It is classified under NTEE code S20Z.
How many years of IRS 990 filings does Brooklyn Alliance Inc have?
Brooklyn Alliance 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 $6.9M in total revenue.
Is Brooklyn Alliance Inc a good charity?
Based on the available data, Brooklyn Alliance Inc appears to be a financially growing organization with increasing assets and revenues. The consistent reporting of zero officer compensation is a strong positive indicator for program focus, assuming other operational costs are managed efficiently. However, a high liability-to-asset ratio in recent years (e.g., $4,446,566 liabilities vs. $4,905,278 assets in 2023) warrants closer examination.
How does Brooklyn Alliance Inc manage its liabilities?
Brooklyn Alliance Inc's liabilities have grown significantly alongside its assets, with liabilities often representing a large portion of total assets (e.g., 90.6% in 2023). This high leverage ratio suggests that a substantial portion of its assets may be financed through debt or other obligations, which could impact financial flexibility.
What is the trend in Brooklyn Alliance Inc's financial health?
The organization has shown a positive trend in revenue and asset growth, particularly from 2021 to 2023, with revenue increasing from $3,485,659 to $6,200,487 and assets from $1,511,796 to $4,905,278. Expenses generally track revenues, indicating active operations. However, the increasing liabilities also need to be considered in the overall financial health assessment.
Filing History
IRS 990 filing history for Brooklyn Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brooklyn Alliance Inc's revenue has grown by 257.1%, moving from $1.7M to $6.2M. Total assets increased by 586.4% over the same period, from $715K to $4.9M. Total functional expenses rose by 262.8%, from $1.7M to $6.2M. In its most recent filing year (2023), Brooklyn Alliance Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $4.9M in assets (debt-to-asset ratio: 90.6%), resulting in net assets of $459K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $6.2M | $4.9M | $4.4M | — | — |
| 2022 | $5.9M | $6.2M | $5.4M | $5.0M | — | — |
| 2021 | $3.5M | $3.3M | $1.5M | $737K | — | View 990 |
| 2020 | $2.8M | $2.6M | $3.9M | $3.3M | — | View 990 |
| 2019 | $3.0M | $3.3M | $3.2M | $2.9M | — | View 990 |
| 2018 | $3.9M | $4.1M | $2.9M | $2.3M | — | View 990 |
| 2017 | $4.7M | $3.9M | $2.3M | $1.5M | — | View 990 |
| 2016 | $4.0M | $4.0M | $884K | $811K | — | View 990 |
| 2015 | $4.0M | $4.0M | $1.6M | $1.5M | — | View 990 |
| 2014 | $3.8M | $3.7M | $1.1M | $1.1M | — | View 990 |
| 2013 | $3.0M | $3.0M | $936K | $982K | — | View 990 |
| 2012 | $2.1M | $1.9M | $1.0M | $1.1M | — | View 990 |
| 2011 | $1.7M | $1.7M | $715K | $912K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $6.2M, and assets of $4.9M (revenue +5.0% year-over-year).
- 2022: Revenue of $5.9M, expenses of $6.2M, and assets of $5.4M (revenue +69.4% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.3M, and assets of $1.5M (revenue +23.8% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.6M, and assets of $3.9M (revenue -6.7% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.3M, and assets of $3.2M (revenue -22.8% year-over-year).
- 2018: Revenue of $3.9M, expenses of $4.1M, and assets of $2.9M (revenue -16.1% year-over-year).
- 2017: Revenue of $4.7M, expenses of $3.9M, and assets of $2.3M (revenue +17.4% year-over-year).
- 2016: Revenue of $4.0M, expenses of $4.0M, and assets of $884K (revenue -1.9% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.0M, and assets of $1.6M (revenue +6.9% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.7M, and assets of $1.1M (revenue +24.8% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.0M, and assets of $936K (revenue +47.6% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.9M, and assets of $1.0M (revenue +18.3% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $715K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooklyn Alliance Inc:
Data Sources and Methodology
This transparency report for Brooklyn Alliance 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.