Brooklyn Plaza Medical Center
Nonprofit profile at a glance
- EIN
- 112467268
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 7185969800
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $12,186,526
- Expenses
- $13,000,328
- Assets
- $34,765,071
- Liabilities
- $34,296,674
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- PHILIP ONORATO (EXECUTIVE DIRECTOR)
Highest reported compensation
- PHILIP ONORATO (EXECUTIVE DIRECTOR): $281,363 total reported compensation
- PASCALE KERSAINT (CHIEF MEDICAL OFFICER): $272,582 total reported compensation
- SIDDHARTH PANDYA (PHYSICAN): $235,711 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Brooklyn plaza medical center, inc. Is dedicated to improving the physical, spiritual, psycho-social and psychological well being of residents of north central brooklyn by providing the highest quality preventive comprehensive family health services with particular concern for lower socio-economic groups.
What it reported doing in 2024
Health services provides comprehensive medical and dental servies to a largely medically underserved population and generated 20,458 visits.op early intervention service for HIV disease.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 96% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 84
- Accountability: 95
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.6%; rating input score 88
- Program expense ratio: 72%; rating input score 72
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6.7%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 2.67; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.99; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 12.9%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 25.5% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 87.6% of revenue deployed · 72% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.4M in reported program spending
- Leadership: top reported pay $281K · 17 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $493K reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 2 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 14/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.