Braverhood Ltd
- Assets
- $84.1m
- Revenue
- $123.6m
- Investments
- $5.3m
- Employees
- 3,626
- Location
- Brooklyn, NY
- Founding
- 12/2006
- Data as of
- 06/2023
- EIN
- 20-4157876
Organization Overview
Braverhood Ltd is located in Brooklyn, NY. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Braverhood Ltd employed 3,626 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Braverhood Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Braverhood Ltd generated $123.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.8% each year . All expenses for the organization totaled $93.8m during the year ending 06/2023. While expenses have increased by 28.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROGRAMS AND SUPPORT SERVICES TO OPW/DD INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES PROGRAMS AND SUPPORT SERVICES TO DEVELOPMENTALLY DISABLED INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
S Y Stern Treasurer | Officer | 0 | $0 |
Israel Benedek Executive Director | Officer | 35 | $401,001 |
David Goldstein President | Officer | 0 | $0 |
Joseph Freund Secretary | Officer | 0 | $0 |
Chaya Miriam Rennert Compliance Officer | Officer | 35 | $185,660 |
Chaim Zelcer Comptroller | Officer | 35 | $200,806 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mount Llc Contracted Staffing | 6/29/23 | $7,182,918 |
Naaleh Inc Contracted Staffing | 6/29/23 | $6,129,223 |
Mtw Services Inc Contracted Staffing | 6/29/23 | $3,675,712 |
Kochavim Inc Contracted Staffing | 6/29/23 | $1,690,674 |
Kahal Sanz Inc Contracted Staffing | 6/29/23 | $1,676,758 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,228,780 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,228,780 |
| Total Program Service Revenue | $122,103,515 |
| Investment income | $321,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $72,000 |
| Net Gain/Loss on Asset Sales | -$102,683 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,629,917 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,380,677 |
| Compensation of current officers, directors, key employees. | $990,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,714,578 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,143,543 |
| Payroll taxes | $3,902,822 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,055 |
| Fees for services: Accounting | $84,894 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,908,945 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $524,024 |
| Royalties | $0 |
| Occupancy | $641,668 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $301,206 |
| Insurance | $69,161 |
| All other expenses | $313,754 |
| Total functional expenses | $93,822,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,772,562 |
| Savings and temporary cash investments | $22,692,217 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,567,241 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,520 |
| Net Land, buildings, and equipment | $11,309,745 |
| Investments—publicly traded securities | $4,997,159 |
| Investments—other securities | $5,250,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,464,160 |
| Total assets | $84,056,604 |
| Accounts payable and accrued expenses | $5,892,534 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,608,223 |
| Total liabilities | $7,500,757 |
| Net assets without donor restrictions | $76,555,847 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $84,056,604 |