Civic Intelligence

Grow Brooklyn Inc.

990 • Fiscal year 2021 • EIN 26-1410513

Oct 01, 2020 to Sep 30, 2021 • Filed on Jul 19, 2022

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

83rd percentile

0.59x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.48x

Higher debt load relative to revenue than 82% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Net Margin

54th percentile

11%

Higher net margin than 54% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

75th percentile

$124,800

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Asset Growth

90th percentile

88%

Faster asset growth than 90% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

35th percentile

0.4%

Faster revenue growth than 35% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$930,864

Up $436,748 (+88%) from 2020

Net Assets

Up

$385,864

Up $124,695 (+48%) from 2020

Liabilities

Up

$545,000

Up $312,053 (+134%) from 2020

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin54th percentile

Revenue

Up

$1,128,015

Up $4,603 (+0.4%) from 2020

Expenses

Down

$1,003,320

Down $34,219 (-3.3%) from 2020

Net Income

Up

$124,695

Up $38,822 (+45%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth90th 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

2021

Assets$930,864
Liabilities$545,000
Net Assets$385,864
Open 2021 Filing

Operations Trend

Revenue Growth35th 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

2021

Revenue$1,128,015
Expenses$1,003,320
Net Income$124,695
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jul 19, 2022
Return Version
2020v4.1
Gross Receipts
$1,128,015
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
Pledges and Grants Receivable$119,713$370,030▲ $250,317
Cash and Non-Interest-Bearing Accounts$365,009$284,890▼ $80,119
Savings and Temporary Cash Investments-$250,000-
Prepaid Expenses and Deferred Charges$4,224$24,000▲ $19,776
Land, Buildings, and Equipment, Net$3,888$1,944▼ $1,944
Intangible Assets$1,282$0▼ $1,282
Total Assets$494,116$930,864▲ $436,748
Liabilities
Other Liabilities$10,000$545,000▲ $535,000
Unsecured Notes Loans Payable$122,947--
Grants Payable$100,000--
Total Liabilities$232,947$545,000▲ $312,053
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$243,287$385,864▲ $142,577
Net Assets With Donor Restrictions$17,882--
Total Net Assets Fund Balance$261,169$385,864▲ $124,695
Total Liabilities and Net Assets / Fund Balance$494,116$930,864▲ $436,748

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,944$9,129$11,073
Land$0--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samira RajanExecutive Director (until 9/30/21)PT-$124,800$124,800
Makeela BrathwaiteExecutive Director (effective 10/1/21)PT$67,802-$67,802

Board Members and Trustees

NameTitle
Phillip ReylandChair
Nnenne OkoraforDirector
Sonya AlongeDirector
Aissatou BarryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,077,322
Program Service Revenue
$4,998
Investment Income
$195
Other Revenue
$45,500
All Other Contributions
$211,522
Change in Net Assets
$124,695

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,128,015
Total Revenue per Audited Statements
$1,128,015
Total Revenue per Form 990
$1,128,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$825,430
Other Expenses$177,890
Total Fundraising Expense$22,615
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$601,659$116,365$14,069$732,093
Payroll Taxes$59,511$10,795$1,760$72,066
Occupancy$48,107$2,684$0$50,791
All Other Expenses$28,635$1,621$0$30,256
Fees for Services Management$10,111$11,202$3,687$25,000
Pension Plan Contributions$13,979$6,951$341$21,271
Information Technology$7,528$8,338$2,744$18,610
Insurance$9,328$657$0$9,985
Fees for Services Accounting$0$8,595$0$8,595
Advertising$6,028$424$0$6,452
Depreciation Depletion$0$3,226$0$3,226
Other Expenses$1,593$0$0$1,593
Fees for Services Other$38$42$14$94
Total Functional Expenses$797,985$182,720$22,615$1,003,320

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,003,320
Total Expenses per Audited Statements$1,003,320
Total Expenses per Form 990$1,003,320
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Advance$545,000
Fiscal Sponsorship Liability$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
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
Makeela Brathwaite
Title
Executive Director
Phone
7184188232
Signed
2022-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Makeela Brathwaite
Formed
2007
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
80
Volunteers
65

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Other

“Form 990, part iii, line 4d - other program services description”

Other

“Financial capability coaching, a program that measures specific outcomes for individuals in the context of creating sustainable budgets, building credit history, and establishing saving over time.”

Other

“Home ownership counseling workshops will lead first-time homebuyers through a process of buying a home. Guest speakers come and speak about the process and allow home buyers to ask questions.”

Pt VI, Line 6

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

Pt VI, Line 7A

“Members may elect individuals to serve on the organization's board.”

Pt VI, Line 11B

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

Pt VI, Line 12C

“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.”

Pt VI, Line 18

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

Pt VI, Line 19

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

Form 990, Part III, Line 4D

“SEE SCHEDULE O 0. 0. 0.”

Financial Statement Notes

Pt X, Line 2

“The organization has evaluated its current tax positions and has concluded that as of september 30, 2021, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.”

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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013979
IRS990/PensionPlanContributionsGrp/TotalAmt021271
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0119713
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0370030
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04224
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024000
IRS990/PrincipalOfficerNm0MAKEELA BRATHWAITE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04998
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0THROUGH A PROGRAM CALLED PROTECT YOUR TREASURE, GROW BROOKLYN HAS BEGUN TO OFFER ESTATE PLANNING AND ESTATE ADMINISTRATION ADVICE, AND LIMITED LEGAL SERVICES, IN CONNECTION WITH ITS FORECLOSURE PREVENTION SERVICES. GROW BROOKLYN FOUND THAT 10-15% OF CLIENTS FACING FORECLOSURE HAD OVERLAPPING ESTATE ISSUES WHICH OFTEN PREVENTED A SUCCESSFUL RESOLUTION OF THE FORECLOSURE. THROUGH PROTECT YOUR TREASURE, GROW BROOKLYN HELPS INDIVIDUALS AND FAMILIES IN LOW INCOME COMMUNITIES TO MAINTAIN THEIR FINANCIAL ASSETS INCLUDING THEIR HOMES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0263625
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04648
IRS990/ProgSrvcAccomActy3Grp/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/ProgSrvcAccomActy3Grp/ExpenseAmt049353
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0350
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SEE SCHEDULE O
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt00
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01117331
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt033
IRS990/PYOtherExpensesAmt0199482
IRS990/PYOtherRevenueAmt0891
IRS990/PYProgramServiceRevenueAmt05157
IRS990/PYRevenuesLessExpensesAmt085873
IRS990/PYSalariesCompEmpBnftPaidAmt0838057
IRS990/PYTotalExpensesAmt01037539
IRS990/PYTotalRevenueAmt01123412
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0124695
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt010440
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0250000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01077332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01117331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0859360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0792633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0723387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04570043
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0228
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt077664
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99730
IRS990ScheduleA/PublicSupportTotal170Amt04570043
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01077332
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01117331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0859360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0792633
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0723387
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04570043
IRS990ScheduleA/TotalSupportAmt04570271
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/EquipmentGrp/BookValueAmt01944
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09129
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011073
IRS990ScheduleD/ExpensesSubtotalAmt01003320
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1545000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Fiscal Sponsorship Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Grant Advance
IRS990ScheduleD/RevenueSubtotalAmt01128015
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2021, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01944
IRS990ScheduleD/TotalExpensesPerForm990Amt01003320
IRS990ScheduleD/TotalLiabilityAmt0545000
IRS990ScheduleD/TotalRevenuePerForm990Amt01128015
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01128015
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01003320
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART III, LINE 4D - OTHER PROGRAM SERVICES DESCRIPTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCIAL CAPABILITY COACHING, A PROGRAM THAT MEASURES SPECIFIC OUTCOMES FOR INDIVIDUALS IN THE CONTEXT OF CREATING SUSTAINABLE BUDGETS, BUILDING CREDIT HISTORY, AND ESTABLISHING SAVING OVER TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOME OWNERSHIP COUNSELING WORKSHOPS WILL LEAD FIRST-TIME HOMEBUYERS THROUGH A PROCESS OF BUYING A HOME. GUEST SPEAKERS COME AND SPEAK ABOUT THE PROCESS AND ALLOW HOME BUYERS TO ASK QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS ARE COMPRISED SOLELY OF THE DIRECTORS OF BROOKLYN COOPERATIVE FEDERAL CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS MAY ELECT INDIVIDUALS TO SERVE ON THE ORGANIZATION'S BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A DRAFT OF FORM 990 IS PROVIDED TO ALL DIRECTORS. ANY AND ALL QUESTIONS WERE ADDRESSED AND THEREAFTER, THE RETURN WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL 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/ExplanationTxt7FEDERAL FORMS 990 AND 1023, AS WELL AS OTHER RELEVANT ORGANIZATION INFORMATION ARE AVAILABLE BY REQUEST FROM GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL STATEMENTS, FEDERAL FORMS 990 AND 1023, AS WELL AS OTHER RELEVANT ORGANIZATION INFORMATION ARE AVAILABLE BY REQUEST FROM GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SEE SCHEDULE O 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part III, Line 4d
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROOKLYN COOPERATIVE FEDERAL 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

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$930,864
Liabilities
$545,000
Net assets
$385,864
Revenue
$1,128,015
Expenses
$1,003,320
Net income
$124,695
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
2021Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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