Bushwick Stuyvesant Heights Home Attendent Program Inc
Bushwick Stuyvesant Heights Home Attendant Program Inc. maintains stable finances with tight operating margins and no reported officer compensation.
EIN: 112588802 · Brooklyn, NY · NTEE: P440 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $12.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $4.6M |
| Transparency Score | 75/100 |
Is Bushwick Stuyvesant Heights Home Attendent Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bushwick Stuyvesant Heights Home Attendent Program Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bushwick Stuyvesant Heights Home Attendent Program Inc
Bushwick Stuyvesant Heights Home Attendent Program Inc (EIN: 112588802) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P440. The organization reported total revenue of $10.6M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bushwick Stuyvesant Heights Home Attendent Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bushwick Stuyvesant Heights Home Attendent Program Inc is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.4M |
| Total Expenses | $12.2M |
| Surplus / Deficit | +$178K |
| Total Assets | $7.7M |
| Total Liabilities | $3.1M |
| Net Assets | $4.6M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Bushwick Stuyvesant Heights Home Attendent Program Inc reported a surplus of $178K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bushwick Stuyvesant Heights Home Attendent Program Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | +0.4% | +21.8% |
| 2022 | -3.6% | -1.4% | -12.3% |
| 2021 | -13.7% | -15.7% | +19.9% |
| 2020 | -7.4% | -6.9% | -5.4% |
| 2019 | +7.2% | +7.1% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Bushwick Stuyvesant Heights Home Attendent Program 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Bushwick Stuyvesant Heights Home Attendent Program Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $178K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.2%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $10 million. This lack of reported compensation could indicate that executives are compensated through other means not captured in this specific section, or that the organization relies heavily on volunteer leadership, which would be exceptional for its scale.
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 Bushwick Stuyvesant Heights Home Attendent Program Inc's IRS 990 filings:
- Consistent 0% reported for officer compensation, which is unusual for an organization of this size and revenue.
- Lack of detailed breakdown for administrative and fundraising expenses in publicly available data, making it harder to verify efficiency ratios.
Strengths
The following positive indicators were identified for Bushwick Stuyvesant Heights Home Attendent Program Inc:
- Consistent revenue generation, averaging over $12 million annually in recent years.
- Healthy and growing asset base, reaching $7,665,140 in 2023, indicating financial stability.
- Tight operating margins, with expenses closely matching revenues, suggesting efficient use of funds towards its mission.
- Long and consistent history of IRS 990 filings (13 filings), demonstrating transparency in reporting.
Frequently Asked Questions about Bushwick Stuyvesant Heights Home Attendent Program Inc
Is Bushwick Stuyvesant Heights Home Attendent Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bushwick Stuyvesant Heights Home Attendent Program Inc (EIN: 112588802) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Bushwick Stuyvesant Heights Home Attendent Program Inc spend its money?
Bushwick Stuyvesant Heights Home Attendent Program Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bushwick Stuyvesant Heights Home Attendent Program Inc tax-deductible?
Bushwick Stuyvesant Heights Home Attendent Program Inc is registered as a tax-exempt nonprofit (EIN: 112588802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bushwick Stuyvesant Heights Home Attendent Program Inc CEO make?
Bushwick Stuyvesant Heights Home Attendent Program Inc's highest-compensated officer earns $10 annually. The organization reported $10.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bushwick Stuyvesant Heights Home Attendent Program Inc's spending goes to programs?
Bushwick Stuyvesant Heights Home Attendent Program Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bushwick Stuyvesant Heights Home Attendent Program Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Bushwick Stuyvesant Heights Home Attendent Program Inc is above average for NTEE category P440 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bushwick Stuyvesant Heights Home Attendent Program Inc located?
Bushwick Stuyvesant Heights Home Attendent Program Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112588802. It is classified under NTEE code P440.
How many years of IRS 990 filings does Bushwick Stuyvesant Heights Home Attendent Program Inc have?
Bushwick Stuyvesant Heights Home Attendent Program 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 $10.6M in total revenue.
How are executive leaders compensated if 'Officer Comp' is consistently reported as 0%?
The IRS 990 filings consistently show 0% for officer compensation, which is atypical for an organization of this size. This could mean compensation is reported in other expense categories, or the organization operates with unpaid leadership, which would require further clarification.
What is the specific breakdown of program service expenses?
While the organization shows tight operating margins, suggesting high program spending, the 990 filings do not provide a detailed breakdown of specific program service expenses, making it difficult to assess the exact allocation within its mission.
What is the organization's strategy for managing liabilities, which have fluctuated significantly?
Liabilities have varied, from a low of $1,497,997 in 2014 to a high of $3,149,166 in 2021. Understanding the nature of these liabilities and the strategy for their management would provide insight into financial risk.
Filing History
IRS 990 filing history for Bushwick Stuyvesant Heights Home Attendent Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bushwick Stuyvesant Heights Home Attendent Program Inc's revenue has declined by 20.6%, moving from $15.6M to $12.4M. Total assets increased by 130.8% over the same period, from $3.3M to $7.7M. Total functional expenses fell by 20.7%, from $15.4M to $12.2M. In its most recent filing year (2023), Bushwick Stuyvesant Heights Home Attendent Program Inc reported a surplus of $178K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $7.7M in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.4M | $12.2M | $7.7M | $3.1M | — | View 990 |
| 2022 | $12.2M | $12.2M | $6.3M | $2.2M | — | View 990 |
| 2021 | $12.7M | $12.3M | $7.2M | $3.1M | — | View 990 |
| 2020 | $14.7M | $14.6M | $6.0M | $1.6M | — | View 990 |
| 2019 | $15.8M | $15.7M | $6.3M | $1.7M | — | View 990 |
| 2018 | $14.8M | $14.7M | $6.1M | $1.6M | — | View 990 |
| 2017 | $15.0M | $14.2M | $6.1M | $2.6M | — | View 990 |
| 2016 | $14.0M | $13.1M | $7.0M | $3.0M | — | View 990 |
| 2015 | $14.5M | $13.5M | $6.6M | $2.7M | — | View 990 |
| 2014 | $15.3M | $14.3M | $5.4M | $1.5M | — | View 990 |
| 2013 | $13.8M | $13.4M | $4.0M | $2.4M | — | View 990 |
| 2012 | $15.3M | $14.8M | $3.2M | $1.9M | — | View 990 |
| 2011 | $15.6M | $15.4M | $3.3M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.4M, expenses of $12.2M, and assets of $7.7M (revenue +1.6% year-over-year).
- 2022: Revenue of $12.2M, expenses of $12.2M, and assets of $6.3M (revenue -3.6% year-over-year).
- 2021: Revenue of $12.7M, expenses of $12.3M, and assets of $7.2M (revenue -13.7% year-over-year).
- 2020: Revenue of $14.7M, expenses of $14.6M, and assets of $6.0M (revenue -7.4% year-over-year).
- 2019: Revenue of $15.8M, expenses of $15.7M, and assets of $6.3M (revenue +7.2% year-over-year).
- 2018: Revenue of $14.8M, expenses of $14.7M, and assets of $6.1M (revenue -1.3% year-over-year).
- 2017: Revenue of $15.0M, expenses of $14.2M, and assets of $6.1M (revenue +6.9% year-over-year).
- 2016: Revenue of $14.0M, expenses of $13.1M, and assets of $7.0M (revenue -3.2% year-over-year).
- 2015: Revenue of $14.5M, expenses of $13.5M, and assets of $6.6M (revenue -5.7% year-over-year).
- 2014: Revenue of $15.3M, expenses of $14.3M, and assets of $5.4M (revenue +11.0% year-over-year).
- 2013: Revenue of $13.8M, expenses of $13.4M, and assets of $4.0M (revenue -9.9% year-over-year).
- 2012: Revenue of $15.3M, expenses of $14.8M, and assets of $3.2M (revenue -1.7% year-over-year).
- 2011: Revenue of $15.6M, expenses of $15.4M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bushwick Stuyvesant Heights Home Attendent Program Inc:
Data Sources and Methodology
This transparency report for Bushwick Stuyvesant Heights Home Attendent Program 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.