Open Space Alliance For North Brooklyn Inc
Open Space Alliance For North Brooklyn Inc consistently operated at a deficit in recent years, with fluctuating assets and liabilities.
EIN: 10849087 · Brooklyn, NY · NTEE: C50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1,934,909. |
| Net Assets | $-93,972 |
| Transparency Score | 70/100 |
Search Intent Cockpit
Open Space Alliance For North Brooklyn Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Open Space Alliance For North Brooklyn Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Open Space Alliance For North Brooklyn Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $1.0M and expenses of $1.1M.
Revenue and Expenses
Open Space Alliance For North Brooklyn Inc reported $1.0M in revenue and $1.1M in expenses, a deficit of $90K.
Executive Compensation
Top officer compensation appears as $1,934,909. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Open Space Alliance For North Brooklyn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $894K (80%) |
Across stored filings, Open Space Alliance For North Brooklyn Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade D | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Environment context |
Trust Check
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Keep the Investigation Moving
Open Space Alliance For North Brooklyn Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Open Space Alliance For North Brooklyn Inc
Open Space Alliance For North Brooklyn Inc (EIN: 10849087) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code C50. The organization reported total revenue of $1.9M and total assets of $362K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Space Alliance For North Brooklyn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open Space Alliance For North Brooklyn Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-89,873 |
| Total Assets | $110K |
| Total Liabilities | $204K |
| Net Assets | $-93,972 |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 185.2% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2023, Open Space Alliance For North Brooklyn Inc reported a deficit of $90K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 185.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Open Space Alliance For North Brooklyn Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.0% | +42.5% | +26.1% |
| 2022 | +75.3% | +42.9% | -6.0% |
| 2021 | -50.7% | -27.8% | -56.3% |
| 2020 | +76.3% | +42.7% | +7.1% |
| 2019 | +11.0% | +11.0% | -24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Open Space Alliance For North Brooklyn Inc with a Mission Score of 70 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: 80%
- fundraising: 10%
According to IRS 990 filings, Open Space Alliance For North Brooklyn Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 185.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for a nonprofit of its size with latest revenue of $1,934,909.
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 Open Space Alliance For North Brooklyn Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023, 2022, 2021)
- Significant and fluctuating liabilities in multiple periods (e.g., $523,099 in 2018, $204,218 in 2023)
- Declining assets in some periods (e.g., from $213,218 in 2020 to $87,457 in 2022)
Strengths
The following positive indicators were identified for Open Space Alliance For North Brooklyn Inc:
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Clear program focus indicated by NTEE code C50 (Parks and Playgrounds).
- Long filing history (13 filings) suggests consistent reporting and transparency.
Frequently Asked Questions about Open Space Alliance For North Brooklyn Inc
Is Open Space Alliance For North Brooklyn Inc a legitimate charity?
Open Space Alliance For North Brooklyn Inc (EIN: 10849087) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Open Space Alliance For North Brooklyn Inc spend its money?
Open Space Alliance For North Brooklyn Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Open Space Alliance For North Brooklyn Inc tax-deductible?
Open Space Alliance For North Brooklyn Inc is registered as a tax-exempt nonprofit (EIN: 10849087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Open Space Alliance For North Brooklyn Inc CEO make?
Open Space Alliance For North Brooklyn Inc's highest-compensated officer earns $1,934,909. annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Open Space Alliance For North Brooklyn Inc's spending goes to programs?
Open Space Alliance For North Brooklyn Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Open Space Alliance For North Brooklyn Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Open Space Alliance For North Brooklyn Inc is above average for NTEE category C50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Open Space Alliance For North Brooklyn Inc located?
Open Space Alliance For North Brooklyn Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 10849087. It is classified under NTEE code C50.
How many years of IRS 990 filings does Open Space Alliance For North Brooklyn Inc have?
Open Space Alliance For North Brooklyn 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 $1.9M in total revenue.
Is Open Space Alliance For North Brooklyn Inc financially stable?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., 2023, 2022, 2021), indicating potential financial instability or reliance on reserves. Liabilities have also been significant in past periods.
How does the organization manage its liabilities?
Liabilities have fluctuated significantly, reaching over $500,000 in 2018 and 2019, and $204,218 in 2023, which suggests a need for careful management to avoid financial strain.
What is the trend in the organization's assets?
Assets have varied, from a high of $263,018 in 2018 to a low of $87,457 in 2022, before increasing to $110,246 in 2023. This fluctuation suggests an inconsistent financial position.
Does the organization pay its executives?
No, the organization consistently reports 0% officer compensation across all available filings, indicating that executives do not receive salaries from the organization.
Filing History
IRS 990 filing history for Open Space Alliance For North Brooklyn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Open Space Alliance For North Brooklyn Inc's revenue has grown by 335.1%, moving from $236K to $1.0M. Total assets decreased by 39.3% over the same period, from $182K to $110K. Total functional expenses rose by 232.7%, from $336K to $1.1M. In its most recent filing year (2023), Open Space Alliance For North Brooklyn Inc reported a deficit of $90K, with expenses exceeding revenue. The organization holds $204K in liabilities against $110K in assets (debt-to-asset ratio: 185.2%), resulting in net assets of $-93,972.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $110K | $204K | — | — |
| 2022 | $719K | $785K | $87K | $92K | — | View 990 |
| 2021 | $410K | $549K | $93K | $30K | — | View 990 |
| 2020 | $831K | $761K | $213K | $11K | — | View 990 |
| 2019 | $472K | $533K | $199K | $521K | — | View 990 |
| 2018 | $425K | $480K | $263K | $523K | — | View 990 |
| 2017 | $272K | $311K | $126K | $473K | — | View 990 |
| 2016 | $407K | $349K | $205K | $459K | — | View 990 |
| 2015 | $610K | $526K | $164K | $476K | — | View 990 |
| 2014 | $276K | $563K | $122K | $518K | — | View 990 |
| 2013 | $357K | $474K | $202K | $311K | — | View 990 |
| 2012 | $323K | $363K | $274K | $265K | — | View 990 |
| 2011 | $236K | $336K | $182K | $133K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $110K (revenue +43.0% year-over-year).
- 2022: Revenue of $719K, expenses of $785K, and assets of $87K (revenue +75.3% year-over-year).
- 2021: Revenue of $410K, expenses of $549K, and assets of $93K (revenue -50.7% year-over-year).
- 2020: Revenue of $831K, expenses of $761K, and assets of $213K (revenue +76.3% year-over-year).
- 2019: Revenue of $472K, expenses of $533K, and assets of $199K (revenue +11.0% year-over-year).
- 2018: Revenue of $425K, expenses of $480K, and assets of $263K (revenue +56.3% year-over-year).
- 2017: Revenue of $272K, expenses of $311K, and assets of $126K (revenue -33.3% year-over-year).
- 2016: Revenue of $407K, expenses of $349K, and assets of $205K (revenue -33.2% year-over-year).
- 2015: Revenue of $610K, expenses of $526K, and assets of $164K (revenue +120.8% year-over-year).
- 2014: Revenue of $276K, expenses of $563K, and assets of $122K (revenue -22.7% year-over-year).
- 2013: Revenue of $357K, expenses of $474K, and assets of $202K (revenue +10.5% year-over-year).
- 2012: Revenue of $323K, expenses of $363K, and assets of $274K (revenue +36.7% year-over-year).
- 2011: Revenue of $236K, expenses of $336K, and assets of $182K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open Space Alliance For North Brooklyn Inc:
Data Sources and Methodology
This transparency report for Open Space Alliance For North Brooklyn 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.