Bay Ridge Center Inc

Nonprofit profile at a glance

EIN
800559714
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-N 2012
Location
Brooklyn, NY, USA
Phone
7187480650
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$6,736,776
Expenses
$7,080,155
Assets
$15,334,439
Liabilities
$10,178,305

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

Leadership & pay

7 people listed

Executive titles in this filing

  • PATRICIA MARCHETTI (PRESIDENT)
  • TODD W FLIEDNER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TODD W FLIEDNER (EXECUTIVE DIRECTOR): $144,049 total reported compensation

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

Overview

Mission

Since 1976 bay ridge center (brc) has provided services and programs for older adults that promote their well-being, support their independence and encourage their involvement in the bay ridge community in brooklyn, New York. Brc's staff is aided by enthusiastic volunteers and works in cooperation with other community organizations, local businesses, schools and social service organizations to fulfill its mission.

What it reported doing in 2024

Bay ridge center (brc) program services - brc is open free of charge to adults 60 years of age and older, monday through friday from 8:30 am to 4:30 pm, 250 days a year. Brc serves about 20,000 hot congregate meals annually. Brc also offers 17 ongoing services and programs including transportation and shopping assistance; friendly visiting; wellness activities/fitness classes including yoga, aerobics, stretch and tone, strength and flexibility, standing balance and sitting balance; counseling/case assistance; classes & discussion groups including brain games; book club and mad tea parties; savvy seniors cyber classes; health screenings & flu shots; arts and cultural activities including line dancing, ballroom dancing, quilting, knitting and crocheting, jewelry making and art classes; trips to cultural and sporting events, museums, theatre & concerts and board game days. As of june 30, 2025, brc's active membership count was 1,528.brc's home delivered meals services provides about 600 hot meals per day to homebound bay ridge residents. Bay ridge center's client base for hdm continues to grow as the senior population increases in our neighborhood.brc's neighborhood norc program offers educational and recreational programs some evenings in collaboration with like-minded community based agencies.

Operating model

Revenue model
Grant-funded. 91% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.2%; rating input score 87
  • Program expense ratio: 82.9%; rating input score 83
  • Fundraising efficiency: $102.27 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.1%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 2.17; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.66; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 15.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 30.5% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 87.2% of revenue deployed · 82.9% of spending went to programs
  • Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $5.9M in reported program spending
  • Leadership: top reported pay $144K · 7 people listed
  • Highest-paid contractors: 2 contractors listed · $809K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2014 to 2024
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.