Marien Heim Of Sunset Park
Marien Heim Of Sunset Park consistently operates with expenses exceeding revenue and has a negative net asset position.
EIN: 112526067 · Brooklyn, NY · NTEE: L210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| Net Assets | $-199,545 |
| Transparency Score | 65/100 |
Is Marien Heim Of Sunset Park Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marien Heim Of Sunset Park directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marien Heim Of Sunset Park
Marien Heim Of Sunset Park (EIN: 112526067) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code L210. The organization reported total revenue of $3.4M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marien Heim Of Sunset Park's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marien Heim Of Sunset Park is a mid-size nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-49,719 |
| Total Assets | $6.6M |
| Total Liabilities | $6.8M |
| Net Assets | $-199,545 |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 103.0% |
| Months of Reserves | 22.9 months |
Financial Health Grade: C
In 2024, Marien Heim Of Sunset Park reported a deficit of $50K with expenses exceeding revenue, holds 22.9 months of operating reserves (strong position), has a debt-to-asset ratio of 103.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Marien Heim Of Sunset Park's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.3% | +1.4% | -4.3% |
| 2023 | +4.1% | +2.1% | -4.6% |
| 2022 | +2.5% | +6.8% | -4.6% |
| 2021 | +2.1% | +4.7% | -3.5% |
| 2020 | +2.0% | +3.6% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Marien Heim Of Sunset Park 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, Marien Heim Of Sunset Park 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 103.0%.
Executive Compensation Analysis
Officer compensation has been reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for minimizing administrative costs.
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 Marien Heim Of Sunset Park's IRS 990 filings:
- Consistent operating deficits (e.g., $3,478,021 expenses vs. $3,428,302 revenue in 2024).
- Negative net asset position (liabilities $6,832,262 exceeding assets $6,632,717 in 2024).
- Declining asset base over the past decade (from $8,101,921 in 2015 to $6,632,717 in 2024).
Strengths
The following positive indicators were identified for Marien Heim Of Sunset Park:
- Consistent revenue generation over the past decade, showing stable operations.
- 0% reported officer compensation across all filings, indicating efficient management of executive pay.
- Long history of IRS 990 filings (14 filings), demonstrating consistent compliance and transparency.
Frequently Asked Questions about Marien Heim Of Sunset Park
Is Marien Heim Of Sunset Park a legitimate charity?
Marien Heim Of Sunset Park (EIN: 112526067) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.4M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Marien Heim Of Sunset Park spend its money?
Marien Heim Of Sunset Park directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Marien Heim Of Sunset Park tax-deductible?
Marien Heim Of Sunset Park is registered as a tax-exempt nonprofit (EIN: 112526067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marien Heim Of Sunset Park's spending goes to programs?
Marien Heim Of Sunset Park directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marien Heim Of Sunset Park compare to similar nonprofits?
With a transparency score of 65/100 (Good), Marien Heim Of Sunset Park is above average for NTEE category L210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marien Heim Of Sunset Park located?
Marien Heim Of Sunset Park is headquartered in Brooklyn, New York and files with the IRS under EIN 112526067. It is classified under NTEE code L210.
How many years of IRS 990 filings does Marien Heim Of Sunset Park have?
Marien Heim Of Sunset Park has 14 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 $3.4M in total revenue.
How does Marien Heim Of Sunset Park plan to address its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $3,478,021 expenses vs. $3,428,302 revenue in 2024), leading to operating deficits. A clear strategy for balancing the budget is crucial.
What is the plan to improve the organization's net asset position?
With liabilities ($6,832,262 in 2024) exceeding assets ($6,632,717 in 2024), the organization has a negative net asset position. Understanding the strategy to rebuild its financial reserves and reduce liabilities is important for long-term stability.
What are the specific components of the organization's expenses, particularly program vs. administrative costs?
While officer compensation is 0%, a detailed breakdown of other administrative and program expenses would provide better insight into spending efficiency beyond just officer salaries.
Filing History
IRS 990 filing history for Marien Heim Of Sunset Park showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Marien Heim Of Sunset Park's revenue has grown by 39.1%, moving from $2.5M to $3.4M. Total assets increased by 36.8% over the same period, from $4.8M to $6.6M. Total functional expenses rose by 57.3%, from $2.2M to $3.5M. In its most recent filing year (2024), Marien Heim Of Sunset Park reported a deficit of $50K, with expenses exceeding revenue. The organization holds $6.8M in liabilities against $6.6M in assets (debt-to-asset ratio: 103.0%), resulting in net assets of $-199,545.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.4M | $3.5M | $6.6M | $6.8M | — | View 990 |
| 2023 | $3.3M | $3.4M | $6.9M | $7.1M | — | View 990 |
| 2022 | $3.1M | $3.4M | $7.3M | $7.2M | — | View 990 |
| 2021 | $3.1M | $3.1M | $7.6M | $7.4M | — | View 990 |
| 2020 | $3.0M | $3.0M | $7.9M | $7.5M | — | View 990 |
| 2019 | $2.9M | $2.9M | $8.0M | $7.6M | — | View 990 |
| 2018 | $2.9M | $2.7M | $8.0M | $7.7M | — | View 990 |
| 2017 | $2.9M | $2.8M | $8.1M | $7.9M | — | View 990 |
| 2016 | $2.6M | $2.6M | $8.0M | $8.0M | — | View 990 |
| 2015 | $2.6M | $2.7M | $8.1M | $8.1M | — | View 990 |
| 2014 | $2.5M | $2.8M | $8.3M | $8.2M | — | View 990 |
| 2013 | $2.4M | $2.7M | $9.2M | $8.8M | — | View 990 |
| 2012 | $2.5M | $2.3M | $9.4M | $8.7M | — | View 990 |
| 2011 | $2.5M | $2.2M | $4.8M | $4.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.4M, expenses of $3.5M, and assets of $6.6M (revenue +5.3% year-over-year).
- 2023: Revenue of $3.3M, expenses of $3.4M, and assets of $6.9M (revenue +4.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.4M, and assets of $7.3M (revenue +2.5% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.1M, and assets of $7.6M (revenue +2.1% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.0M, and assets of $7.9M (revenue +2.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.9M, and assets of $8.0M (revenue +2.7% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.7M, and assets of $8.0M (revenue -3.1% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.8M, and assets of $8.1M (revenue +12.3% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.6M, and assets of $8.0M (revenue +1.0% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.7M, and assets of $8.1M (revenue +3.0% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.8M, and assets of $8.3M (revenue +5.4% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.7M, and assets of $9.2M (revenue -2.7% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.3M, and assets of $9.4M (revenue -0.4% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.2M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marien Heim Of Sunset Park:
Data Sources and Methodology
This transparency report for Marien Heim Of Sunset Park 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.