Recreation Rooms And Settlement

Recreation Rooms And Settlement consistently operates with no reported officer compensation and tight financial margins.

EIN: 111820725 · Brooklyn, NY · Updated: 2026-03-28

$3.5MRevenue
$385KAssets
92/100Mission Score (Excellent)
Recreation Rooms And Settlement Financial Summary
MetricValue
Total Revenue$3.5M
Total Expenses$3.6M
Program Spending90%
CEO/Top Officer Pay$3
Net Assets$4K
Transparency Score92/100

Is Recreation Rooms And Settlement Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Recreation Rooms And Settlement directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Recreation Rooms And Settlement

Recreation Rooms And Settlement (EIN: 111820725) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $3.5M and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Recreation Rooms And Settlement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

46Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Recreation Rooms And Settlement is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.6M
Total Expenses$3.6M
Surplus / Deficit$-86,216
Total Assets$434K
Total Liabilities$430K
Net Assets$4K
Operating Margin-2.4%
Debt-to-Asset Ratio99.0%
Months of Reserves1.4 months

Financial Health Grade: D

In 2023, Recreation Rooms And Settlement reported a deficit of $86K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 99.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Recreation Rooms And Settlement's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+0.2%+4.4%-16.8%
2022-1.0%-2.0%+72.8%
2021+0.7%-0.1%+15.8%
2020+1.8%+2.2%-30.8%
2019+3.0%+2.8%+13.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1980

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Recreation Rooms And Settlement demonstrates consistent financial activity, with revenues and expenses hovering around the $3.5 million mark in recent years. The organization appears to operate on a relatively tight margin, with expenses often closely matching or slightly exceeding revenues, as seen in 2023 where expenses were $3,645,353 against revenues of $3,559,137. This indicates a focus on deploying funds directly into operations rather than accumulating large reserves. The organization's assets are modest relative to its annual revenue, suggesting a lean operational model. A notable aspect of their financial structure is the consistent reporting of 0% officer compensation across all available filings, which speaks to a high degree of financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice significantly enhances their perceived spending efficiency and ethical standing.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Recreation Rooms And Settlement with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Recreation Rooms And Settlement allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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:

$3.6MTotal Revenue
$3.6MTotal Expenses
$434KTotal Assets
$430KTotal Liabilities
$4KNet Assets
  • The organization reported a deficit of $86K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 99.0%.

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 suggests either a volunteer leadership model or compensation being covered by an external entity, which enhances the organization's financial efficiency.

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 Recreation Rooms And Settlement's IRS 990 filings:

  • Expenses sometimes slightly exceed revenue, indicating tight operating margins and potential reliance on prior year surpluses or short-term funding.

Strengths

The following positive indicators were identified for Recreation Rooms And Settlement:

  • Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
  • Stable revenue base over several years, demonstrating consistent funding and operational capacity.
  • Modest asset base relative to revenue, suggesting funds are actively deployed rather than held in reserve.

Frequently Asked Questions about Recreation Rooms And Settlement

Is Recreation Rooms And Settlement a legitimate charity?

Recreation Rooms And Settlement (EIN: 111820725) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.5M. 1 red flag identified. 3 strengths noted. Financial health grade: D.

How does Recreation Rooms And Settlement spend its money?

Recreation Rooms And Settlement directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Recreation Rooms And Settlement tax-deductible?

Recreation Rooms And Settlement is registered as a tax-exempt nonprofit (EIN: 111820725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Recreation Rooms And Settlement CEO make?

Recreation Rooms And Settlement's highest-compensated officer earns $3 annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Recreation Rooms And Settlement's spending goes to programs?

Recreation Rooms And Settlement directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Recreation Rooms And Settlement located?

Recreation Rooms And Settlement is headquartered in Brooklyn, New York and files with the IRS under EIN 111820725.

How many years of IRS 990 filings does Recreation Rooms And Settlement have?

Recreation Rooms And Settlement 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 $3.5M in total revenue.

Is Recreation Rooms And Settlement a good charity?

Based on the available IRS 990 data, Recreation Rooms And Settlement appears to be a highly efficient and transparent charity. The consistent 0% officer compensation is a strong indicator of funds being directed towards its mission, and its spending patterns show a focus on program delivery.

How does Recreation Rooms And Settlement manage to have 0% officer compensation?

The IRS 990 filings consistently report 0% officer compensation. This could mean that the organization's leadership is entirely volunteer-based, or that compensation for officers is covered by a related entity or through other means not reported as direct compensation on the 990, which is a significant positive for resource allocation.

What is the trend in Recreation Rooms And Settlement's financial health?

Recreation Rooms And Settlement has maintained stable revenue and expense levels around $3.5 million in recent years. While expenses sometimes slightly exceed revenue, the overall trend shows consistent operational capacity and a commitment to its mission without significant accumulation of unrestricted assets.

Filing History

IRS 990 filing history for Recreation Rooms And Settlement showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Recreation Rooms And Settlement's revenue has grown by 61.1%, moving from $2.2M to $3.6M. Total assets decreased by 3.9% over the same period, from $452K to $434K. Total functional expenses rose by 65.3%, from $2.2M to $3.6M. In its most recent filing year (2023), Recreation Rooms And Settlement reported a deficit of $86K, with expenses exceeding revenue. The organization holds $430K in liabilities against $434K in assets (debt-to-asset ratio: 99.0%), resulting in net assets of $4K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.6M $3.6M $434K $430K View 990
2022 $3.6M $3.5M $521K $431K View 990
2021 $3.6M $3.6M $302K $269K View 990
2020 $3.6M $3.6M $260K $252K View 990
2019 $3.5M $3.5M $376K $361K View 990
2018 $3.4M $3.4M $330K $320K View 990
2017 $3.4M $3.4M $175K $163K View 990
2016 $3.0M $3.0M $143K $122K View 990
2015 $2.8M $2.8M $230K $200K View 990
2014 $2.7M $2.7M $205K $179K View 990
2013 $2.4M $2.4M $373K $358K View 990
2012 $2.1M $2.1M $321K $305K View 990
2011 $2.2M $2.2M $452K $436K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.6M, expenses of $3.6M, and assets of $434K (revenue +0.2% year-over-year).
  • 2022: Revenue of $3.6M, expenses of $3.5M, and assets of $521K (revenue -1.0% year-over-year).
  • 2021: Revenue of $3.6M, expenses of $3.6M, and assets of $302K (revenue +0.7% year-over-year).
  • 2020: Revenue of $3.6M, expenses of $3.6M, and assets of $260K (revenue +1.8% year-over-year).
  • 2019: Revenue of $3.5M, expenses of $3.5M, and assets of $376K (revenue +3.0% year-over-year).
  • 2018: Revenue of $3.4M, expenses of $3.4M, and assets of $330K (revenue +1.3% year-over-year).
  • 2017: Revenue of $3.4M, expenses of $3.4M, and assets of $175K (revenue +10.6% year-over-year).
  • 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $143K (revenue +8.2% year-over-year).
  • 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $230K (revenue +3.6% year-over-year).
  • 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $205K (revenue +12.3% year-over-year).
  • 2013: Revenue of $2.4M, expenses of $2.4M, and assets of $373K (revenue +16.4% year-over-year).
  • 2012: Revenue of $2.1M, expenses of $2.1M, and assets of $321K (revenue -6.5% year-over-year).
  • 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $452K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Recreation Rooms And Settlement:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Recreation Rooms And Settlement 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.

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