Brooklyn College Foundation Inc
Brooklyn College Foundation Inc. shows consistent asset growth and no reported officer compensation, with fluctuating but generally positive revenue streams.
EIN: 111904329 · Brooklyn, NY · NTEE: B820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $73.8M |
| Total Expenses | $9.0M |
| Program Spending | 80% |
| Net Assets | $120.6M |
| Transparency Score | 85/100 |
Is Brooklyn College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brooklyn College Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brooklyn College Foundation Inc
Brooklyn College Foundation Inc (EIN: 111904329) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B820. The organization reported total revenue of $73.8M and total assets of $140.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooklyn College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooklyn College Foundation Inc is a major nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.6M |
| Total Expenses | $9.0M |
| Surplus / Deficit | +$5.6M |
| Total Assets | $124.4M |
| Total Liabilities | $3.8M |
| Net Assets | $120.6M |
| Operating Margin | 38.5% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 166.3 months |
Financial Health Grade: A
In 2023, Brooklyn College Foundation Inc reported a surplus of $5.6M with revenue exceeding expenses, holds 166.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brooklyn College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.9% | +13.5% | +11.5% |
| 2022 | -18.0% | +5.5% | -11.2% |
| 2021 | +127.1% | +6.6% | +24.1% |
| 2020 | -46.5% | -2.1% | -0.3% |
| 2019 | +29.6% | -3.9% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 College Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Brooklyn College Foundation Inc 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 surplus of $5.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for donor perception and indicates a strong commitment to directing funds towards the mission.
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 College Foundation Inc's IRS 990 filings:
- Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided data
Strengths
The following positive indicators were identified for Brooklyn College Foundation Inc:
- Consistent asset growth, from $82,277,011 in 2014 to $124,411,559 in 2023.
- 0% reported officer compensation across all 13 filings, indicating efficient use of funds for leadership.
- Low liabilities relative to assets, suggesting strong financial management.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Brooklyn College Foundation Inc
Is Brooklyn College Foundation Inc a legitimate charity?
Brooklyn College Foundation Inc (EIN: 111904329) 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: $73.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Brooklyn College Foundation Inc spend its money?
Brooklyn College Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Brooklyn College Foundation Inc tax-deductible?
Brooklyn College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 111904329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brooklyn College Foundation Inc's spending goes to programs?
Brooklyn College Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brooklyn College Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Brooklyn College Foundation Inc is above average for NTEE category B820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brooklyn College Foundation Inc located?
Brooklyn College Foundation Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 111904329. It is classified under NTEE code B820.
How many years of IRS 990 filings does Brooklyn College Foundation Inc have?
Brooklyn College Foundation 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 $73.8M in total revenue.
Is Brooklyn College Foundation Inc. financially stable?
Yes, the foundation demonstrates strong financial stability with consistent asset growth from $82,277,011 in 2014 to $124,411,559 in 2023, and liabilities remaining low relative to assets.
How efficiently does the foundation use its funds?
While a detailed expense breakdown is not provided, the foundation generally spends less than its revenue, allowing for asset accumulation. The reported 0% officer compensation suggests a high degree of efficiency in leadership compensation.
What is the trend in the foundation's revenue?
Revenue has fluctuated, with peaks such as $18,769,030 in 2015 and $15,757,098 in 2021, and lows like $4,666,372 in 2014, but generally shows a healthy ability to attract funds.
Does the foundation have high administrative costs?
Without a detailed breakdown of expenses, it's difficult to definitively state. However, the 0% officer compensation suggests a lean approach to executive overhead, which is a positive indicator.
Filing History
IRS 990 filing history for Brooklyn College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brooklyn College Foundation Inc's revenue has grown by 21.2%, moving from $12.0M to $14.6M. Total assets increased by 39.5% over the same period, from $89.2M to $124.4M. Total functional expenses rose by 29.2%, from $6.9M to $9.0M. In its most recent filing year (2023), Brooklyn College Foundation Inc reported a surplus of $5.6M, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $124.4M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $120.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.6M | $9.0M | $124.4M | $3.8M | — | View 990 |
| 2022 | $12.9M | $7.9M | $111.6M | $3.6M | — | View 990 |
| 2021 | $15.8M | $7.5M | $125.7M | $3.2M | — | View 990 |
| 2020 | $6.9M | $7.0M | $101.3M | $3.5M | — | View 990 |
| 2019 | $13.0M | $7.2M | $101.6M | $2.7M | — | View 990 |
| 2018 | $10.0M | $7.5M | $95.2M | $2.8M | — | View 990 |
| 2017 | $5.3M | $7.6M | $91.1M | $2.9M | — | View 990 |
| 2016 | $12.7M | $7.6M | $86.4M | $2.9M | — | View 990 |
| 2015 | $18.8M | $10.9M | $85.3M | $2.7M | — | View 990 |
| 2014 | $4.7M | $9.4M | $82.3M | $2.5M | — | View 990 |
| 2013 | $9.0M | $15.9M | $80.1M | $1.9M | — | View 990 |
| 2012 | $10.1M | $12.4M | $87.3M | $1.7M | — | View 990 |
| 2011 | $12.0M | $6.9M | $89.2M | $726K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.6M, expenses of $9.0M, and assets of $124.4M (revenue +12.9% year-over-year).
- 2022: Revenue of $12.9M, expenses of $7.9M, and assets of $111.6M (revenue -18.0% year-over-year).
- 2021: Revenue of $15.8M, expenses of $7.5M, and assets of $125.7M (revenue +127.1% year-over-year).
- 2020: Revenue of $6.9M, expenses of $7.0M, and assets of $101.3M (revenue -46.5% year-over-year).
- 2019: Revenue of $13.0M, expenses of $7.2M, and assets of $101.6M (revenue +29.6% year-over-year).
- 2018: Revenue of $10.0M, expenses of $7.5M, and assets of $95.2M (revenue +89.3% year-over-year).
- 2017: Revenue of $5.3M, expenses of $7.6M, and assets of $91.1M (revenue -58.3% year-over-year).
- 2016: Revenue of $12.7M, expenses of $7.6M, and assets of $86.4M (revenue -32.4% year-over-year).
- 2015: Revenue of $18.8M, expenses of $10.9M, and assets of $85.3M (revenue +302.2% year-over-year).
- 2014: Revenue of $4.7M, expenses of $9.4M, and assets of $82.3M (revenue -48.3% year-over-year).
- 2013: Revenue of $9.0M, expenses of $15.9M, and assets of $80.1M (revenue -10.7% year-over-year).
- 2012: Revenue of $10.1M, expenses of $12.4M, and assets of $87.3M (revenue -16.0% year-over-year).
- 2011: Revenue of $12.0M, expenses of $6.9M, and assets of $89.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooklyn College Foundation Inc:
Data Sources and Methodology
This transparency report for Brooklyn College Foundation 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.