Age Friendly Central Brooklyn Inc

Nonprofit profile at a glance

EIN
853870243
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Brooklyn, NY, USA
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$122,075
Expenses
$65,018
Assets
$149,456
Liabilities
$83,653

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Selma Jackson (Board President)
  • Monique Brizz Walker (Board Vice President)

People named in this filing

  • Selma Jackson (Board President)
  • Monique Brizz Walker (Board Vice President)
  • Shirley Stevens (Board Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mission Statement: To empower adults aged 62 and older to live an active rich and fulfilling life by engaging in activities that meet their social economic cultural and civic interests in Central Brooklyn.

What it reported doing in 2024

Active Aging Week we offer 7 straight days of programming: resource fair on services for older adults a day focused on the environment and spending time outdoors or in a garden music appreciation day health information including a breast cancer walk fashion show information on economic opportunities and a day recharging and connecting to our spirituality. Daily attendance is 50+. This is also our membership drive and we have increased our membership by 50 in 2023 and 2024

Operating model

Revenue model
Other-operating. 86% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 100
  • Sustainability: 76
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.9%; rating input score 33
  • Program expense ratio: 61.8%; rating input score 62

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 46.7%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 2.3; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 32.9% of revenue deployed · 61.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $40K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.