Cobble Hill Health Center Inc
Cobble Hill Health Center Inc. reports recent operational losses despite substantial assets and no disclosed officer compensation.
EIN: 112388200 · Brooklyn, NY · NTEE: E91Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $58.1M |
| Total Expenses | $62.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $58M |
| Net Assets | $53.9M |
| Transparency Score | 65/100 |
Is Cobble Hill Health Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cobble Hill Health Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cobble Hill Health Center Inc
Cobble Hill Health Center Inc (EIN: 112388200) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E91Z. The organization reported total revenue of $58.1M and total assets of $88.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cobble Hill Health Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cobble Hill Health Center Inc is a major nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58.6M |
| Total Expenses | $62.2M |
| Surplus / Deficit | $-3,561,046 |
| Total Assets | $90.0M |
| Total Liabilities | $36.1M |
| Net Assets | $53.9M |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 40.1% |
| Months of Reserves | 17.4 months |
Financial Health Grade: B
In 2023, Cobble Hill Health Center Inc reported a deficit of $3.6M with expenses exceeding revenue, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 40.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cobble Hill Health Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +11.9% | -4.6% |
| 2022 | -3.2% | +12.2% | -10.0% |
| 2021 | +1.4% | +4.6% | +5.8% |
| 2020 | -3.7% | -4.8% | +4.0% |
| 2019 | +11.3% | +1.9% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Cobble Hill Health Center Inc with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cobble Hill Health Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $3.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.1%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size ($58M+ revenue) and suggests that executive compensation may be reported under different categories or through related entities, which could impact 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 Cobble Hill Health Center Inc's IRS 990 filings:
- Consistent operational losses in recent years (e.g., $3.56M in 2023, $5.37M in 2022)
- Unusual reporting of 0% officer compensation for an organization of this size, raising transparency questions.
Strengths
The following positive indicators were identified for Cobble Hill Health Center Inc:
- Strong asset base ($89.96M in 2023) significantly exceeding liabilities ($36.10M in 2023)
- Long operational history with 13 IRS 990 filings, indicating stability and established presence.
Frequently Asked Questions about Cobble Hill Health Center Inc
Is Cobble Hill Health Center Inc a legitimate charity?
Cobble Hill Health Center Inc (EIN: 112388200) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $58.1M. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Cobble Hill Health Center Inc spend its money?
Cobble Hill Health Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cobble Hill Health Center Inc tax-deductible?
Cobble Hill Health Center Inc is registered as a tax-exempt nonprofit (EIN: 112388200). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cobble Hill Health Center Inc CEO make?
Cobble Hill Health Center Inc's highest-compensated officer earns $58M annually. The organization reported $58.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cobble Hill Health Center Inc's spending goes to programs?
Cobble Hill Health Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cobble Hill Health Center Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Cobble Hill Health Center Inc is above average for NTEE category E91Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cobble Hill Health Center Inc located?
Cobble Hill Health Center Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112388200. It is classified under NTEE code E91Z.
How many years of IRS 990 filings does Cobble Hill Health Center Inc have?
Cobble Hill Health Center 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 $58.1M in total revenue.
How is executive compensation handled if 'Officer Comp' is consistently reported as 0%?
The consistent 0% officer compensation reported on the 990s for an organization with over $58 million in revenue is atypical. It's possible that compensation for key executives is reported under other expense categories (e.g., salaries and wages for all employees), or that executives are compensated through a related organization not directly reflected in this specific 990 filing. Further investigation into the organization's full financial statements or notes to the 990 would be necessary to clarify this.
What is the cause of the recent operational losses, such as the $3.56M deficit in 2023?
The recent trend of expenses exceeding revenue, with a $3.56 million deficit in 2023 and $5.37 million in 2022, indicates that the organization is spending more than it earns. This could be due to increased operational costs, decreased funding, or strategic investments. A deeper dive into the detailed expense categories and revenue sources in the full 990 or audited financial statements would be needed to pinpoint the exact causes.
Is the organization's asset base sufficient to cover its liabilities and sustain operations?
With assets of $89.96 million and liabilities of $36.10 million in 2023, the organization has a strong asset-to-liability ratio, indicating a solid balance sheet. While recent operational losses are a concern, the substantial asset base provides a buffer and suggests the organization has the financial capacity to cover its obligations and potentially absorb short-term deficits, provided the trend of losses does not continue indefinitely.
Filing History
IRS 990 filing history for Cobble Hill Health Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cobble Hill Health Center Inc's revenue has grown by 11.7%, moving from $52.5M to $58.6M. Total assets decreased by 17.3% over the same period, from $108.8M to $90.0M. Total functional expenses rose by 36.4%, from $45.6M to $62.2M. In its most recent filing year (2023), Cobble Hill Health Center Inc reported a deficit of $3.6M, with expenses exceeding revenue. The organization holds $36.1M in liabilities against $90.0M in assets (debt-to-asset ratio: 40.1%), resulting in net assets of $53.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58.6M | $62.2M | $90.0M | $36.1M | — | — |
| 2022 | $50.2M | $55.6M | $94.3M | $39.9M | — | View 990 |
| 2021 | $51.9M | $49.6M | $104.9M | $44.9M | — | View 990 |
| 2020 | $51.1M | $47.4M | $99.1M | $47.3M | — | View 990 |
| 2019 | $53.1M | $49.8M | $95.3M | $48.2M | — | View 990 |
| 2018 | $47.7M | $48.9M | $89.5M | $47.6M | — | View 990 |
| 2017 | $46.6M | $49.6M | $90.7M | $47.3M | — | View 990 |
| 2016 | $47.8M | $48.2M | $92.4M | $48.4M | — | View 990 |
| 2015 | $53.0M | $47.8M | $95.3M | $52.7M | — | View 990 |
| 2014 | $48.8M | $48.4M | $99.4M | $60.2M | — | View 990 |
| 2013 | $51.3M | $51.9M | $105.0M | $58.3M | — | View 990 |
| 2012 | $54.4M | $52.7M | $105.9M | $65.3M | — | View 990 |
| 2011 | $52.5M | $45.6M | $108.8M | $69.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $58.6M, expenses of $62.2M, and assets of $90.0M (revenue +16.7% year-over-year).
- 2022: Revenue of $50.2M, expenses of $55.6M, and assets of $94.3M (revenue -3.2% year-over-year).
- 2021: Revenue of $51.9M, expenses of $49.6M, and assets of $104.9M (revenue +1.4% year-over-year).
- 2020: Revenue of $51.1M, expenses of $47.4M, and assets of $99.1M (revenue -3.7% year-over-year).
- 2019: Revenue of $53.1M, expenses of $49.8M, and assets of $95.3M (revenue +11.3% year-over-year).
- 2018: Revenue of $47.7M, expenses of $48.9M, and assets of $89.5M (revenue +2.4% year-over-year).
- 2017: Revenue of $46.6M, expenses of $49.6M, and assets of $90.7M (revenue -2.5% year-over-year).
- 2016: Revenue of $47.8M, expenses of $48.2M, and assets of $92.4M (revenue -9.9% year-over-year).
- 2015: Revenue of $53.0M, expenses of $47.8M, and assets of $95.3M (revenue +8.8% year-over-year).
- 2014: Revenue of $48.8M, expenses of $48.4M, and assets of $99.4M (revenue -4.9% year-over-year).
- 2013: Revenue of $51.3M, expenses of $51.9M, and assets of $105.0M (revenue -5.7% year-over-year).
- 2012: Revenue of $54.4M, expenses of $52.7M, and assets of $105.9M (revenue +3.7% year-over-year).
- 2011: Revenue of $52.5M, expenses of $45.6M, and assets of $108.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cobble Hill Health Center Inc:
Data Sources and Methodology
This transparency report for Cobble Hill Health Center 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.