Civic Intelligence

Grow Brooklyn Inc.

990 • Fiscal year 2012 • EIN 26-1410513

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 07, 2013

1474 Myrtle Avenue11237
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.14x

Higher debt load relative to assets than 70% of similar nonprofits.

2012 filings • NTEE P • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$188,630

No earlier filing loaded for comparison.

Net Assets

$162,655

No earlier filing loaded for comparison.

Liabilities

$25,975

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$227,173

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2012: $188,630Liabilities 2012: $25,975Net Assets 2012: $162,6552012Assets 2013: $169,314Liabilities 2013: $0Net Assets 2013: $169,3142013Assets 2016: $45,741Liabilities 2016: $3,750Net Assets 2016: $41,9912016Assets 2017: $61,838Liabilities 2017: $0Net Assets 2017: $61,8382017Assets 2019: $175,296Liabilities 2019: $0Net Assets 2019: $175,2962019Assets 2020: $494,116Liabilities 2020: $232,947Net Assets 2020: $261,1692020Assets 2021: $930,864Liabilities 2021: $545,000Net Assets 2021: $385,8642021Assets 2022: $920,156Liabilities 2022: $389,091Net Assets 2022: $531,0652022Assets 2023: $2,219,797Liabilities 2023: $1,457,351Net Assets 2023: $762,4462023Assets 2024: $1,915,145Liabilities 2024: $1,173,480Net Assets 2024: $741,6652024

Highlighted filing

2012

Assets$188,630
Liabilities$25,975
Net Assets$162,655

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $227,1732012Revenue 2013: $361,055Expenses 2013: $354,396Net Income 2013: $6,6592013Revenue 2016: $379,694Expenses 2016: $580,486Net Income 2016: -$200,7922016Revenue 2017: $723,387Expenses 2017: $703,540Net Income 2017: $19,8472017Revenue 2019: $867,741Expenses 2019: $847,856Net Income 2019: $19,8852019Revenue 2020: $1,123,412Expenses 2020: $1,037,539Net Income 2020: $85,8732020Revenue 2021: $1,128,015Expenses 2021: $1,003,320Net Income 2021: $124,6952021Revenue 2022: $1,322,701Expenses 2022: $1,177,500Net Income 2022: $145,2012022Revenue 2023: $1,516,327Expenses 2023: $1,334,704Net Income 2023: $181,6232023Revenue 2024: $1,500,978Expenses 2024: $1,464,570Net Income 2024: $36,4082024

Highlighted filing

2012

Revenue-
Expenses$227,173
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 7, 2013
Return Version
2012v2.0
Gross Receipts
$265,140
Mission and Program Overview

Mission

Grow brooklyn is a brooklyn based non-profit organization whose mission is to enable members of its community to preserve and grow their assets, thereby securing their economic future.

Major Activities

Activity 2
Grow Brooklyn is a HUD-approved housing counseling agency. It offers free foreclosure prevention counseling in one of New York City's hardest hit areas in terms of foreclosures. About 300 homeowners are seen annually by the counseling staff, many of whom are able to successfully modify the terms of their mortgage in a way that enables them to remain in their home.
Activity 3
NY State Office of the Attorney General
Filing and Contact Details

Filer

EIN
26-1410513
Raw XML AppendixShowing 400 of 475 raw XML fields

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IRS990ScheduleA/GeneralExplanation0VITA (Volunteer Income Tax Assistance): 89,900 NY YNC: 8,000 NFCDCU-HUD:21,523 Total Foundation & Trust Grants: 119,423
IRS990ScheduleA/GeneralExplanation1NYS Homes & Comm Renewal: 34,466 NYS Office of Attorney General: 104,560 Total Government Agency Grants: 143,026
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IRS990ScheduleO/GeneralExplanation/Explanation0Members are comprised solely of the directors of the Brooklyn Cooperative Federal Credit Union
IRS990ScheduleO/GeneralExplanation/Explanation1Grow Brooklyn members may elect members to serve on the organization's board
IRS990ScheduleO/GeneralExplanation/Explanation2A draft of the Federal form 990 was submitted to the Directors prior to filing the return. All comments and questions were adequately addressed and subsequently the return was filed
IRS990ScheduleO/GeneralExplanation/Explanation3Federal form 990s are available upon request from Guidestar. The form 1023 and audited financial statements are also available upon request
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IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section C, Line 19
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