Brooklyn Tech Alumni Foundation Inc
Brooklyn Tech Alumni Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 112739496 · Brooklyn, NY · NTEE: B25Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $15.8M |
| Transparency Score | 90/100 |
Is Brooklyn Tech Alumni 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 Tech Alumni Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brooklyn Tech Alumni Foundation Inc
Brooklyn Tech Alumni Foundation Inc (EIN: 112739496) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B25Z. The organization reported total revenue of $3.0M and total assets of $17.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooklyn Tech Alumni Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooklyn Tech Alumni Foundation Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-154,967 |
| Total Assets | $16.0M |
| Total Liabilities | $186K |
| Net Assets | $15.8M |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 88.9 months |
Financial Health Grade: B
In 2023, Brooklyn Tech Alumni Foundation Inc reported a deficit of $155K with expenses exceeding revenue, holds 88.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brooklyn Tech Alumni Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.7% | +26.4% | +6.6% |
| 2022 | +109.3% | +33.9% | -9.7% |
| 2021 | -14.7% | -11.8% | +16.8% |
| 2020 | -43.4% | -27.1% | -1.1% |
| 2019 | +23.9% | +8.8% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Tech Alumni Foundation Inc with a Mission Score of 90 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Brooklyn Tech Alumni Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $155K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with over $3 million in annual revenue and $17 million in assets, suggesting a volunteer-led executive team or compensation is covered by an affiliated entity.
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 Tech Alumni Foundation Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency analysis challenging without full 990 access.
Strengths
The following positive indicators were identified for Brooklyn Tech Alumni Foundation Inc:
- Consistent asset growth, reaching $17,247,320 in the latest period.
- 0% officer compensation reported across all filings, indicating highly efficient use of funds for mission.
- Strong history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Relatively low liabilities compared to assets, indicating strong financial stability.
- Significant revenue generation capacity, with latest revenue at $3,042,904.
Frequently Asked Questions about Brooklyn Tech Alumni Foundation Inc
Is Brooklyn Tech Alumni Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brooklyn Tech Alumni Foundation Inc (EIN: 112739496) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Brooklyn Tech Alumni Foundation Inc spend its money?
Brooklyn Tech Alumni Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brooklyn Tech Alumni Foundation Inc tax-deductible?
Brooklyn Tech Alumni Foundation Inc is registered as a tax-exempt nonprofit (EIN: 112739496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Brooklyn Tech Alumni Foundation Inc CEO make?
Brooklyn Tech Alumni Foundation Inc's highest-compensated officer earns $3 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Brooklyn Tech Alumni Foundation Inc's spending goes to programs?
Brooklyn Tech Alumni Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brooklyn Tech Alumni Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Brooklyn Tech Alumni Foundation Inc is above average for NTEE category B25Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brooklyn Tech Alumni Foundation Inc located?
Brooklyn Tech Alumni Foundation Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112739496. It is classified under NTEE code B25Z.
How many years of IRS 990 filings does Brooklyn Tech Alumni Foundation Inc have?
Brooklyn Tech Alumni 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 $3.0M in total revenue.
Is Brooklyn Tech Alumni Foundation Inc. a good charity?
Based on the available data, the Brooklyn Tech Alumni Foundation Inc. appears to be a very good charity. It demonstrates strong financial health with growing assets, consistent IRS 990 filings, and notably, 0% officer compensation, suggesting a high dedication of funds to its mission.
How does the organization manage its executive compensation?
The organization reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This indicates a highly volunteer-driven leadership or that executive services are provided pro bono or through an affiliated entity.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, growing from $14,022,012 in 2014 to $17,247,320 in the latest period, indicating strong financial growth and stability.
Does the organization spend more than it earns?
While the organization generally spends less than its revenue, contributing to asset growth, there have been periods where expenses exceeded revenue, such as in 2023 ($2,162,067 expenses vs. $2,007,100 revenue) and 2021 ($1,277,752 expenses vs. $1,164,272 revenue). However, these instances are not consistent and overall assets continue to grow.
Filing History
IRS 990 filing history for Brooklyn Tech Alumni Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brooklyn Tech Alumni Foundation Inc's revenue has grown by 81.6%, moving from $1.1M to $2.0M. Total assets increased by 62.5% over the same period, from $9.9M to $16.0M. Total functional expenses rose by 108.5%, from $1.0M to $2.2M. In its most recent filing year (2023), Brooklyn Tech Alumni Foundation Inc reported a deficit of $155K, with expenses exceeding revenue. The organization holds $186K in liabilities against $16.0M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $15.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.2M | $16.0M | $186K | — | View 990 |
| 2022 | $2.4M | $1.7M | $15.0M | $280K | — | View 990 |
| 2021 | $1.2M | $1.3M | $16.6M | $149K | — | — |
| 2020 | $1.4M | $1.4M | $14.3M | $174K | — | View 990 |
| 2019 | $2.4M | $2.0M | $14.4M | $167K | — | View 990 |
| 2018 | $1.9M | $1.8M | $14.2M | $198K | — | View 990 |
| 2017 | $3.3M | $1.7M | $13.9M | $159K | — | View 990 |
| 2016 | $1.3M | $1.7M | $13.3M | $133K | — | View 990 |
| 2015 | $1.4M | $2.0M | $13.3M | $107K | — | View 990 |
| 2014 | $1.5M | $1.6M | $14.0M | $83K | — | View 990 |
| 2013 | $2.0M | $1.5M | $13.4M | $60K | — | View 990 |
| 2012 | $4.2M | $1.1M | $12.8M | $92K | — | View 990 |
| 2011 | $1.1M | $1.0M | $9.9M | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.2M, and assets of $16.0M (revenue -17.7% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.7M, and assets of $15.0M (revenue +109.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.3M, and assets of $16.6M (revenue -14.7% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $14.3M (revenue -43.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.0M, and assets of $14.4M (revenue +23.9% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $14.2M (revenue -40.6% year-over-year).
- 2017: Revenue of $3.3M, expenses of $1.7M, and assets of $13.9M (revenue +143.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.7M, and assets of $13.3M (revenue -6.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $2.0M, and assets of $13.3M (revenue -6.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $14.0M (revenue -23.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.5M, and assets of $13.4M (revenue -52.1% year-over-year).
- 2012: Revenue of $4.2M, expenses of $1.1M, and assets of $12.8M (revenue +284.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $9.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooklyn Tech Alumni Foundation Inc:
Data Sources and Methodology
This transparency report for Brooklyn Tech Alumni 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.