Civic Intelligence

Brook Avenue Housing Development Fund Corporation

990EZ • Fiscal year 2018 • EIN 41-2217113

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 09, 2019

Organization ProfileWWW.BREAKINGGROUND.COM
505 Eighth Avenue 5th FloorNew York, NY 10018

(212) 389-9300

Siviq Scores

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

Liabilities / Assets

67th percentile

0.31x

Higher debt load relative to assets than 67% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Asset Growth

11th percentile

-28%

Faster asset growth than 11% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$28,973

Down $11,125 (-28%) from 2017

Net Assets

Down

$19,887

Down $25 (-0.1%) from 2017

Liabilities

Down

$9,086

Down $11,100 (-55%) from 2017

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2017

Expenses

Up

$25

Up $25 from 2017

Net Income

Down

-$25

Down $25 from 2017

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$60K$40K$20K$0-$20KAssets 2010: $16,775Liabilities 2010: $17,049Net Assets 2010: -$2742010Assets 2011: $40,098Liabilities 2011: $19,4742011Assets 2016: $45,748Liabilities 2016: $25,836Net Assets 2016: $19,9122016Assets 2017: $40,098Liabilities 2017: $20,186Net Assets 2017: $19,9122017Assets 2018: $28,973Liabilities 2018: $9,086Net Assets 2018: $19,8872018Assets 2019: $28,973Liabilities 2019: $9,086Net Assets 2019: $19,8872019Assets 2020: $28,973Liabilities 2020: $9,086Net Assets 2020: $19,8872020Assets 2021: $28,973Liabilities 2021: $9,086Net Assets 2021: $19,8872021Assets 2022: $28,973Liabilities 2022: $9,086Net Assets 2022: $19,8872022Assets 2023: $28,973Liabilities 2023: $9,086Net Assets 2023: $19,8872023Assets 2024: $28,973Liabilities 2024: $9,136Net Assets 2024: $19,8372024

Highlighted filing

2018

Assets$28,973
Liabilities$9,086
Net Assets$19,887
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0-$10KExpenses 2010: $02010Revenue 2011: $23,398Expenses 2011: $2,500Net Income 2011: $20,8982011Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $25Net Income 2018: -$252018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $50Net Income 2024: -$502024

Highlighted filing

2018

Revenue$0
Expenses$25
Net Income-$25
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 9, 2019
Return Version
2018v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

Brook avenue housing development fund corporation's primary exempt purpose is to acquire and/or develop property for the benefit of breaking ground housing development fund and its affiliated tax-exempt organizations.

Program Services

DescriptionGrantsExpenses
The organization did not undertake any active program service activities in 2018.$0$0
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOBY SHERMANSecretary-$0--
BRENDA ROSENPresident & CEO-$0--
IAN SHRANKChairman (As Of 03/2018)-$0--
DAVID BEERVice President-$0--
BENJAMIN STACKSTreasurer-$0--
Robert SideliChairman (Thru 03/2018)-$0--
Filing and Contact Details

Filer

Filer Name
Brook Avenue Housing Development
EIN
41-2217113
In Care Of
% KEVIN MORAN
Phone
2123899300
Address
505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Kevin Moran
Title
CFO
Phone
2123899300
Signed
2019-09-09
Discuss with paid preparer
Yes

Preparer

Firm
Grant Thornton Llp
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Description:FILING FEES Amount:25”

Form 990EZ Part II Line 24

“Description:INVESTMENT IN AFFILIATE BOY Amount:23323 EOY Amount:23323”

Form 990EZ Part II Line 24

“Description:DUE FROM AFFILIATES BOY Amount:5650 EOY Amount:5650”

Form 990EZ Part II Line 26

“Description:DUE TO AFFILIATES BOY Amount:25736 EOY Amount:8986”

Raw XML Appendix174 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0KEVIN MORAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02123899300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0505 EIGHTH AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016775
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-25
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045748
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028973
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019912
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019887
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019912
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019887
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TOBY SHERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRENDA ROSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2IAN SHRANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID BEER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BENJAMIN STACKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Robert Sideli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN (As of 03/2018)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Chairman (Thru 03/2018)
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt028973
IRS990EZ/OtherAssetsTotalDetail/EOYAmt028973
IRS990EZ/OtherExpensesTotalAmt025
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BROOK AVENUE HOUSING DEVELOPMENT FUND CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND/OR DEVELOP PROPERTY FOR THE BENEFIT OF BREAKING GROUND HOUSING DEVELOPMENT FUND AND ITS AFFILIATED TAX-EXEMPT ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization did not undertake any active program service activities in 2018.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt025836
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt09086
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BREAKINGGROUND.COM
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0133846708
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BREAKING GROUND II HDFC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:FILING FEES Amount:25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:INVESTMENT IN AFFILIATE BOY Amount:23323 EOY Amount:23323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:DUE FROM AFFILIATES BOY Amount:5650 EOY Amount:5650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:DUE TO AFFILIATES BOY Amount:25736 EOY Amount:8986
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART II LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART II LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART II LINE 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN MORAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02123899300
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Brook Avenue Housing Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0BROO
ReturnHeader/Filer/EIN0412217113
ReturnHeader/Filer/InCareOfNm0% KEVIN MORAN
ReturnHeader/Filer/PhoneNum02123899300
ReturnHeader/Filer/USAddress/AddressLine1Txt0505 EIGHTH AVENUE 5TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07D14034AF515942D2ABE7F7E27EA16D2649DB046
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07D14034AF515942D2ABE7F7E27EA16D2649DB046
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId026377520192535000002
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-09-10
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.220.136.124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRANT THORNTON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0757 THIRD AVENUE 3RD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100172013
ReturnHeader/PreparerPersonGrp/PhoneNum02125990100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scott Thompsett
ReturnHeader/ReturnTs02019-09-10T09:58:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,973
Liabilities
$9,086
Net assets
$19,887
Revenue
$0
Expenses
$25
Net income
-$25
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.0$9.14$19.8$0.00$0.05$0.05
2023Detailed filing. Detailed filing data is available for this year.$29.0$9.09$19.9$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$29.0$9.09$19.9$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$29.0$9.09$19.9$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$29.0$9.09$19.9$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$29.0$9.09$19.9$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$29.0$9.09$19.9$0.00$0.03$0.03
2017Detailed filing. Detailed filing data is available for this year.$40.1$20.2$19.9$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$45.7$25.8$19.9$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$40.1$19.5$23.4$2.50$20.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$17.0$0.27$0.00