Brooklyn Org
Legal name: Brooklyn Community Foundation
Nonprofit profile at a glance
- EIN
- 113422729
- IRS 990 coverage
- 2017–2023
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023
- Location
- Brooklyn, NY, USA
- Phone
- 7184807500
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $39,339,803
- Expenses
- $24,415,765
- Assets
- $141,980,553
- Liabilities
- $2,187,106
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- JOCELYNNE RAINEY (CEO & PRESIDENT)
Highest reported compensation
- JOCELYNNE RAINEY (CEO & PRESIDENT): $308,046 total reported compensation
- LIANE STEGMAIER (CHIEF OF STAFF, VP OF COMMUNICATIONS): $204,450 total reported compensation
- SABRINA HARGRAVE (PROGRAM OFFICER/DIRECTOR OF PROGRAMS): $166,065 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To spark positive change in Brooklyn by championing local philanthropy, investing in nonprofits, and empowering residents to become champions for change.
What it reported doing in 2023
Wellness and recovery fund: brooklyn org established the wellness and recovery fund from charitable assets that remained after the office of the attorney general (oag) dissolved canarsie a.w.a.r.e., inc. For its participation in a scheme that exploited some of New York's most vulnerable residents and defrauded medicaid. The $2.2 million fund supports organizations working to ensure that those who navigate the difficult road of substance abuse and addiction do so with reliable support that honors their agency and dignity. In fy24, the foundation distributed x to 10 local organizations.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing does not identify recipients for some grant dollars and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 63
- Accountability: 100
- Sustainability: 88
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.2%; rating input score 60
- Program expense ratio: 83.6%; rating input score 84
- Fundraising efficiency: $47.7 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 24.2%; rating input score 24; 9th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 37.9%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 5.82; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 20.3% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 18.4% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 60.2% of revenue deployed · 83.6% of spending went to programs
- Governance: 27 of 27 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $20.4M in reported program spending
- Leadership: top reported pay $308K · 30 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $495K reported
- Consistency: 38 of 39 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2017 to 2023
- Contacts: How to reach this organization
- Money network: 96 filed money-flow records
- Related organizations: 93 filed related-organization links
- 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 — Transparency & Controls: Grant itemization coverage scored 24/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.