Brooklyn Hospital Radiology P C
Brooklyn Hospital Radiology P C consistently operates at a significant deficit, with liabilities growing to over $74 million in 2023.
EIN: 112833588 · Brooklyn, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $7.8M |
| Program Spending | 80% |
| Net Assets | $-73,654,810 |
| Transparency Score | 40/100 |
Is Brooklyn Hospital Radiology P C Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brooklyn Hospital Radiology P C directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brooklyn Hospital Radiology P C
Brooklyn Hospital Radiology P C (EIN: 112833588) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E220. The organization reported total revenue of $3.0M and total assets of $307K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooklyn Hospital Radiology P C's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooklyn Hospital Radiology P C is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $7.8M |
| Surplus / Deficit | $-4,472,748 |
| Total Assets | $494K |
| Total Liabilities | $74.1M |
| Net Assets | $-73,654,810 |
| Operating Margin | -136.1% |
| Debt-to-Asset Ratio | 15020.8% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, Brooklyn Hospital Radiology P C reported a deficit of $4.5M with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 15020.8% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Brooklyn Hospital Radiology P C's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +6.3% | -1.2% |
| 2022 | -5.1% | +9.8% | -36.3% |
| 2021 | +19.2% | -2.7% | +4.1% |
| 2020 | -25.3% | +1.6% | +84.3% |
| 2019 | +13.3% | -8.3% | +63.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Hospital Radiology P C with a Mission Score of 40 out of 100 (Fair). 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 Hospital Radiology P C 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 $4.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 15020.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive compensation is either not paid directly by this entity or is not reported in the standard officer compensation section of the 990. This is unusual for an organization with multi-million dollar revenues and expenses, and warrants further inquiry to understand how leadership is compensated.
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 Hospital Radiology P C's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $4,472,748 in 2023).
- Rapidly increasing liabilities, reaching $74,148,447 in 2023, significantly outweighing assets.
- Low asset base relative to liabilities, indicating high leverage.
- Lack of reported officer compensation, which is unusual for an organization of this size and operational scope.
Strengths
The following positive indicators were identified for Brooklyn Hospital Radiology P C:
- Consistent filing of IRS Form 990s over an extended period (11 filings), indicating compliance with reporting requirements.
Frequently Asked Questions about Brooklyn Hospital Radiology P C
Is Brooklyn Hospital Radiology P C a legitimate charity?
Based on AI analysis of IRS 990 filings, Brooklyn Hospital Radiology P C (EIN: 112833588) significant concerns. Mission Score: 40/100. 4 red flags identified, 1 strength noted.
How does Brooklyn Hospital Radiology P C spend its money?
Brooklyn Hospital Radiology P C directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brooklyn Hospital Radiology P C tax-deductible?
Brooklyn Hospital Radiology P C is registered as a tax-exempt nonprofit (EIN: 112833588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brooklyn Hospital Radiology P C's spending goes to programs?
Brooklyn Hospital Radiology P C directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brooklyn Hospital Radiology P C compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Brooklyn Hospital Radiology P C is near average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brooklyn Hospital Radiology P C located?
Brooklyn Hospital Radiology P C is headquartered in Brooklyn, New York and files with the IRS under EIN 112833588. It is classified under NTEE code E220.
How many years of IRS 990 filings does Brooklyn Hospital Radiology P C have?
Brooklyn Hospital Radiology P C has 11 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 $3.0M in total revenue.
How does Brooklyn Hospital Radiology P C cover its substantial annual operating deficits, such as the $4,472,748 deficit in 2023?
The consistent and large deficits suggest that the organization relies heavily on external funding sources not classified as direct revenue on the 990, or that it is part of a larger financial system where these deficits are absorbed or managed by an affiliated entity. Without more detailed financial statements, the exact mechanism is unclear.
What is the nature of the rapidly increasing liabilities, which grew from $38.2 million in 2014 to $74.1 million in 2023?
The significant increase in liabilities over the decade is a major concern. This could represent long-term debt, bonds, or other financial obligations. Understanding the composition and terms of these liabilities is crucial for assessing the organization's financial risk.
Why is officer compensation consistently reported as 0% across all filings, despite the organization's scale?
This could indicate that officers are compensated by an affiliated entity, are volunteers, or that compensation is structured in a way that it doesn't appear in the 'officer compensation' line item. Further investigation into related party transactions or compensation policies would be necessary.
What is the specific breakdown of program service expenses, given the large overall expenses?
Without a detailed Schedule O or other financial statements, it's impossible to determine the specific allocation of the multi-million dollar expenses towards direct program services versus administrative or other costs. This lack of detail hinders a full assessment of spending efficiency.
Filing History
IRS 990 filing history for Brooklyn Hospital Radiology P C showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Brooklyn Hospital Radiology P C's revenue has grown by 2.3%, moving from $3.2M to $3.3M. Total assets decreased by 20.8% over the same period, from $623K to $494K. Total functional expenses rose by 2%, from $7.6M to $7.8M. In its most recent filing year (2023), Brooklyn Hospital Radiology P C reported a deficit of $4.5M, with expenses exceeding revenue. The organization holds $74.1M in liabilities against $494K in assets (debt-to-asset ratio: 15020.8%), resulting in net assets of $-73,654,810.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $7.8M | $494K | $74.1M | — | — |
| 2022 | $3.1M | $7.3M | $500K | $69.7M | — | View 990 |
| 2021 | $3.3M | $6.6M | $784K | $65.8M | — | View 990 |
| 2020 | $2.8M | $6.8M | $753K | $62.4M | — | View 990 |
| 2019 | $3.7M | $6.7M | $409K | $58.0M | — | View 990 |
| 2018 | $3.3M | $7.3M | $250K | $54.8M | — | View 990 |
| 2017 | $3.5M | $8.1M | $293K | $51.6M | — | View 990 |
| 2016 | $3.4M | $8.1M | $449K | $47.1M | — | View 990 |
| 2015 | $3.6M | $8.1M | $600K | $42.6M | — | View 990 |
| 2014 | $3.7M | $7.9M | $679K | $38.2M | — | View 990 |
| 2013 | $3.2M | $7.6M | $623K | $34.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $7.8M, and assets of $494K (revenue +4.9% year-over-year).
- 2022: Revenue of $3.1M, expenses of $7.3M, and assets of $500K (revenue -5.1% year-over-year).
- 2021: Revenue of $3.3M, expenses of $6.6M, and assets of $784K (revenue +19.2% year-over-year).
- 2020: Revenue of $2.8M, expenses of $6.8M, and assets of $753K (revenue -25.3% year-over-year).
- 2019: Revenue of $3.7M, expenses of $6.7M, and assets of $409K (revenue +13.3% year-over-year).
- 2018: Revenue of $3.3M, expenses of $7.3M, and assets of $250K (revenue -5.9% year-over-year).
- 2017: Revenue of $3.5M, expenses of $8.1M, and assets of $293K (revenue +1.8% year-over-year).
- 2016: Revenue of $3.4M, expenses of $8.1M, and assets of $449K (revenue -5.6% year-over-year).
- 2015: Revenue of $3.6M, expenses of $8.1M, and assets of $600K (revenue -1.8% year-over-year).
- 2014: Revenue of $3.7M, expenses of $7.9M, and assets of $679K (revenue +14.6% year-over-year).
- 2013: Revenue of $3.2M, expenses of $7.6M, and assets of $623K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooklyn Hospital Radiology P C:
Data Sources and Methodology
This transparency report for Brooklyn Hospital Radiology P C 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.