Civic Intelligence

Grow Brooklyn Inc.

990 • Fiscal year 2016 • EIN 26-1410513

Oct 01, 2015 to Sep 30, 2016 • Filed on May 15, 2017

Organization Profilewww.growbrooklyn.org

View Organization Page

1474 Myrtle AvenueBrooklyn, NY 11237

(718) 418-8232

Siviq Scores

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

Liabilities / Assets

68th percentile

0.08x

Higher debt load relative to assets than 68% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.01x

Higher debt load relative to revenue than 55% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Net Margin

7th percentile

-53%

Higher net margin than 7% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Top Officer Pay

98th percentile

$95,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 25.0% of source-year revenue.

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Asset Growth

11th percentile

-35%

Faster asset growth than 11% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Annualized from 2013 to 2016

Revenue Growth

51st percentile

1.7%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Annualized from 2013 to 2016

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$45,741

Down $123,573 (-73%) from 2013

Net Assets

Down

$41,991

Down $127,323 (-75%) from 2013

Liabilities

Up

$3,750

Up $3,750 from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin7th percentile

Revenue

Up

$379,694

Up $18,639 (+5.2%) from 2013

Expenses

Up

$580,486

Up $226,090 (+64%) from 2013

Net Income

Down

-$200,792

Down $207,451 (-3115%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

2016

Assets$45,741
Liabilities$3,750
Net Assets$41,991
Open 2016 Filing

Operations Trend

Revenue Growth51st percentile

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

2016

Revenue$379,694
Expenses$580,486
Net Income-$200,792
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$379,694
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$232,107$41,043▼ $191,064
Accounts Receivable$15,000$0▼ $15,000
Land, Buildings, and Equipment, Net-$3,405-
Prepaid Expenses and Deferred Charges$2,447$1,293▼ $1,154
Savings and Temporary Cash Investments$729$0▼ $729
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$250,283$45,741▼ $204,542
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,500$3,750▼ $3,750
Total Liabilities$7,500$3,750▼ $3,750
Net Assets / Fund Balance
Temporarily Rstr Net Assets$169,917--
Unrestricted Net Assets$72,866$41,991▼ $30,875
Total Net Assets Fund Balance$242,783$41,991▼ $200,792
Total Liabilities and Net Assets / Fund Balance$250,283$45,741▼ $204,542

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,405$11,368$14,773
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleOtherTotal
Samira RajanPresident$95,000$95,000

Board Members and Trustees

NameTitle
Alexander B SteinChairman
Kelly RichardsonDirector
Kristen EuretigDirector
Patricia BayleyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$379,694
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$97,093
Change in Net Assets
$-200,792

Audited Revenue Reconciliation

Revenue per Audited Statements
$379,694
Revenue Not Reported on Form 990
$8,292
Total Revenue per Audited Statements
$387,986
Total Revenue per Form 990
$379,694
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$437,325
Other Expenses$143,161
Total Fundraising Expense$13,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$320,250$74,490-$394,740
Fees for Services Other$53,208$5,903$13,750$72,861
Payroll Taxes$28,834$6,764-$35,598
Occupancy$21,980--$21,980
Travel$8,907$773-$9,680
Insurance$1,112$7,556-$8,668
Other Employee Benefits$5,659$1,328-$6,987
Advertising$3,987$305-$4,292
Fees for Services Accounting-$4,100-$4,100
Depreciation Depletion-$1,582-$1,582
Other Expenses$590$600-$600
All Other Expenses-$107-$107
Total Functional Expenses$459,837$106,899$13,750$580,486

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$588,778
Expenses per Audited Statements$580,486
Total Expenses per Form 990$580,486
Expenses Not Reported on Form 990$8,292
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Members are comprised solely of the directors of brooklyn cooperative federal credit union”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A draft of form 990 is provided to all directors. Any and all questions were addressed and thereafter, the return was filed.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All key employees, directors and officers provide an update to the organization for any potential conflicts which are reviewed by and discussed with the board to determine if any actual conflicts exist.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Federal forms 990 and 1023, as well as other relevant organization information are available by request from guidestar.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Financial statements, federal forms 990 and 1023, as well as other relevant organization inforamtion are available by request from guidestar.”

Filing and Contact Details

Filer

Filer Name
Grow Brooklyn Inc
EIN
26-1410513
Phone
7184188232
Address
1474 Myrtle Avenue, Brooklyn, NY 11237

Signing Officer

Name
Samira Rajan
Title
Executive Director
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
33
Volunteers
85

Preparer

Firm
Wei Wei & Co Llp
Address
13310 39TH AVE, FLUSHING, NY 11354-4400
Preparer
Steve Wei CPA
Phone
7184456308
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

“A new program was added to improve our service portfolio to the community we serve. We also enhanced our counseling programs to better help our customers.”

Form 990, Part III, Line 4D: Other Program Services Description

“Other program services 4: home ownership counseling workshops will lead first-time homebuyers though a process of buying a home. Guest speakers come and speak about the process and allow home buyers to ask questions.”

Raw XML AppendixShowing 400 of 449 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03750
IRS990/AccountsReceivableGrp/BOYAmt015000
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0GROW 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.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0305
IRS990/AdvertisingGrp/ProgramServicesAmt03987
IRS990/AdvertisingGrp/TotalAmt04292
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt097093
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0107
IRS990/AllOtherExpensesGrp/TotalAmt0107
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Samira Rajan
IRS990/BooksInCareOfDetail/PhoneNum07184188232
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01474 Myrtle Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011237
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0232107
IRS990/CashNonInterestBearingGrp/EOYAmt041043
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0379694
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0143161
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-200792
IRS990/CYSalariesCompEmpBnftPaidAmt0437325
IRS990/CYTotalExpensesAmt0580486
IRS990/CYTotalFundraisingExpenseAmt013750
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0379694
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01582
IRS990/DepreciationDepletionGrp/TotalAmt01582
IRS990/Desc0GROW BROOKLYN IS A HUD APPROVED HOUSING COUNSELING AGENCY. IT OFFERS FREE FORECLOSURE PREVENTION COUNSELING IN ONE OF NEW YORK CITY'S HARDEST HIT NEIGHBORHOODS, 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.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt033
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0233788
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04100
IRS990/FeesForServicesAccountingGrp/TotalAmt04100
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt013750
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05903
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt053208
IRS990/FeesForServicesOtherGrp/TotalAmt072861
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0ALEXANDER B STEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1KELLY RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICIA BAYLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3KRISTEN EURETIG
IRS990/Form990PartVIISectionAGrp/PersonNm4SAMIRA RAJAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt495000
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0282601
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0379694
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt07556
IRS990/InsuranceGrp/ProgramServicesAmt01112
IRS990/InsuranceGrp/TotalAmt08668
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011368
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03405
IRS990/LandBldgEquipCostOrOtherBssAmt014773
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GROW 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0242783
IRS990/NetAssetsOrFundBalancesEOYAmt041991
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt021980
IRS990/OccupancyGrp/TotalAmt021980
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01328
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05659
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06987
IRS990/OtherExpensesGrp/Desc0OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01743
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2330
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3600
IRS990/OtherExpensesGrp/ProgramServicesAmt07744
IRS990/OtherExpensesGrp/ProgramServicesAmt17566
IRS990/OtherExpensesGrp/ProgramServicesAmt2590
IRS990/OtherExpensesGrp/TotalAmt09487
IRS990/OtherExpensesGrp/TotalAmt18884
IRS990/OtherExpensesGrp/TotalAmt2920
IRS990/OtherExpensesGrp/TotalAmt3600
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074490
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0320250
IRS990/OtherSalariesAndWagesGrp/TotalAmt0394740
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06764
IRS990/PayrollTaxesGrp/ProgramServicesAmt028834
IRS990/PayrollTaxesGrp/TotalAmt035598
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02447
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01293
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0GROW BROOKLYN PARTNERS WITH THE IRS ANNUALLY IN AN EFFORT TO BRING QUALITY, FREE TAX PREPARATION SERVICES TO LOW-INCOME INDIVIDUALS. GROW BRROKLYN HAS DONE THIS ANNUALLY FOR THE LAST 12 YEARS AND IS ONE OF THE IRS' TOP 50 VITA (VOLUNTEER INCOME TAX ASSISTANCE) PROVIDERS IN THE COUNTRY. IT IS THE LARGEST NON-COMMERCIAL TAX PREPARER IN BROOKLYN, ANNUALLY PREPARING OVER 3,000 TAX RETURNS, ABOUT ONE-THIRD OF WHICH CLAIM THE EARNED INCOME CREDIT (EIC).
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0187060
IRS990/ProgSrvcAccomActy3Grp/Desc0HOME OWNERSHIP COUNSELING WORKSHOPS WILL LEAD FIRST-TIME HOMEBUYERS THOUGH A PROCESS OF BUYING A HOME. GUEST SPEAKERS COME AND SPEAK ABOUT THE PROCESS AND ALLOW HOME BUYERS TO ASK QUESTIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt022796
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0469707
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt051484
IRS990/PYRevenuesLessExpensesAmt0160936
IRS990/PYSalariesCompEmpBnftPaidAmt0257288
IRS990/PYTotalExpensesAmt0308772
IRS990/PYTotalRevenueAmt0469708
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-200792
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0729
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0469707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0259702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0358384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0262499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0337499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01687791
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01687791
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0469707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0259702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0358384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0262499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0337499
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01687791
IRS990ScheduleA/TotalSupportAmt01687793
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt08292
IRS990ScheduleD/DonatedServicesUseFcltsAmt08292
IRS990ScheduleD/EquipmentGrp/BookValueAmt03405
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011368
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014773
IRS990ScheduleD/ExpensesNotReportedAmt08292
IRS990ScheduleD/ExpensesSubtotalAmt0580486
IRS990ScheduleD/RevenueNotReportedAmt08292
IRS990ScheduleD/RevenueSubtotalAmt0379694
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03405
IRS990ScheduleD/TotalExpensesPerForm990Amt0580486
IRS990ScheduleD/TotalRevenuePerForm990Amt0379694
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0387986
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0588778
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A NEW PROGRAM WAS ADDED TO IMPROVE OUR SERVICE PORTFOLIO TO THE COMMUNITY WE SERVE. WE ALSO ENHANCED OUR COUNSELING PROGRAMS TO BETTER HELP OUR CUSTOMERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER PROGRAM SERVICES 4: HOME OWNERSHIP COUNSELING WORKSHOPS WILL LEAD FIRST-TIME HOMEBUYERS THOUGH A PROCESS OF BUYING A HOME. GUEST SPEAKERS COME AND SPEAK ABOUT THE PROCESS AND ALLOW HOME BUYERS TO ASK QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE COMPRISED SOLELY OF THE DIRECTORS OF BROOKLYN COOPERATIVE FEDERAL CREDIT UNION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT OF FORM 990 IS PROVIDED TO ALL DIRECTORS. ANY AND ALL QUESTIONS WERE ADDRESSED AND THEREAFTER, THE RETURN WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL KEY EMPLOYEES, DIRECTORS AND OFFICERS PROVIDE AN UPDATE TO THE ORGANIZATION FOR ANY POTENTIAL CONFLICTS WHICH ARE REVIEWED BY AND DISCUSSED WITH THE BOARD TO DETERMINE IF ANY ACTUAL CONFLICTS EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FEDERAL FORMS 990 AND 1023, AS WELL AS OTHER RELEVANT ORGANIZATION INFORMATION ARE AVAILABLE BY REQUEST FROM GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS, FEDERAL FORMS 990 AND 1023, AS WELL AS OTHER RELEVANT ORGANIZATION INFORAMTION ARE AVAILABLE BY REQUEST FROM GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2: New Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROOKLYN COOPERATIVE CREDIT UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113570814
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CREDIT UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01474 MYRTLE AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011237
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0169917
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0250283
IRS990/TotalAssetsEOYAmt045741
IRS990/TotalAssetsGrp/BOYAmt0250283
IRS990/TotalAssetsGrp/EOYAmt045741
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0379694
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013750
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0459837
IRS990/TotalFunctionalExpensesGrp/TotalAmt0580486
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07500
IRS990/TotalLiabilitiesEOYAmt03750
IRS990/TotalLiabilitiesGrp/BOYAmt07500
IRS990/TotalLiabilitiesGrp/EOYAmt03750

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,741
Liabilities
$3,750
Net assets
$41,991
Revenue
$379,694
Expenses
$580,486
Net income
-$200,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$1.17$0.74$1.50$1.46$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$1.46$0.76$1.52$1.33$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.39$0.53$1.32$1.18$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.55$0.39$1.13$1.00$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.23$0.26$1.12$1.04$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.87$0.85$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.72$0.70$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.04$0.38$0.58$0.20
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$0.36$0.35$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.03$0.16$0.23