Brooklyn Law School
- Assets
- $328.0m
- Revenue
- $65.2m
- Investments
- $56.4m
- Employees
- 848
- Location
- Brooklyn, NY
- Founding
- 01/1973
- Data as of
- 06/2020
- EIN
- 23-7227990
Brooklyn Law School Overview
Brooklyn Law School is located in Brooklyn, NY. The organization was established in 1973. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2020, Brooklyn Law School employed 848 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Brooklyn Law School generated $65.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $82.4m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR COMPLETE NARRATIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION OF STUDENTS IN PREPARATION FOR THE LEGAL PROFESSION. IN THE FALL OF ACADEMIC YEAR 2019/2020, ENROLLMENT WAS APPROXIMATELY 1,096.
THE EDUCATION OF STUDENTS IN PREPARATION FOR THE LEGAL PROFESSION. IN THE FALL OF ACADEMIC YEAR 2019/2020, ENROLLMENT WAS APPROXIMATELY 1,096.
Do You Work With Nonprofits?Intellispect helps service providers identify nonprofit prospects and make contact with decision makers.
Brooklyn Law School Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie H Newitz Chief Financial Officer (retired) | Officer | 40 | $523,911 |
Nicholas W Allard Professor Of Law | 40 | $502,667 | |
Aaron Twerski Professor Of Law | 40 | $353,237 | |
Maryellen Fullerton Professor Of Law | 40 | $330,274 | |
Andrew S Gold Professor Of Law | 40 | $293,778 | |
Anita Bernstein Professor Of Law | 40 | $284,909 |
Brooklyn Law School Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dnp Builders Llc Contractor - Building | 6/29/20 | $1,092,713 |
Triangle Services Cleaning Services | 6/29/20 | $786,960 |
Sterling Affair Food/catering | 6/29/20 | $506,943 |
New York Insulation Contractor - Asbestos Removal | 6/29/20 | $260,800 |
Administrative Resource Options Mailroom & Copy Room Services | 6/29/20 | $231,307 |
Dnp Builders Llc Contractor - Building | 6/29/20 | $1,092,713 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,125 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,060,488 |
| Noncash contributions included in lines 1a–1f | $131,823 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,066,613 |
| Total Program Service Revenue | $57,653,246 |
| Investment income | $4,039,360 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,922,093 |
| Net Gain/Loss on Asset Sales | -$3,654,399 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,236,818 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $29,449,148 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,463,629 |
| Compensation of current officers, directors, key employees. | $1,361,471 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,084,778 |
| Pension plan accruals and contributions | $1,857,871 |
| Other employee benefits | $4,834,898 |
| Payroll taxes | $2,025,951 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $209,644 |
| Fees for services: Accounting | $155,901 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $243,925 |
| Fees for services: Other | $451,138 |
| Advertising and promotion | $171,419 |
| Office expenses | $802,900 |
| Information technology | $834,378 |
| Royalties | $0 |
| Occupancy | $4,550,722 |
| Travel | $279,846 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $700,984 |
| Interest | $1,733,780 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,240,963 |
| Insurance | $367,627 |
| All other expenses | $604,580 |
| Total functional expenses | $82,401,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,600 |
| Savings and temporary cash investments | $10,961,913 |
| Pledges and grants receivable | $1,796,121 |
| Accounts receivable, net | $839,521 |
| 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 | $503,644 |
| Net Land, buildings, and equipment | $93,990,872 |
| Investments—publicly traded securities | $158,595,688 |
| Investments—other securities | $56,429,855 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,854,016 |
| Total assets | $327,973,230 |
| Accounts payable and accrued expenses | $8,639,084 |
| Grants payable | $0 |
| Deferred revenue | $871,906 |
| Tax-exempt bond liabilities | $37,565,418 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $24,500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,385,471 |
| Total liabilities | $79,961,879 |
| Net assets without donor restrictions | $203,343,095 |
| Net assets with donor restrictions | $44,668,256 |
| 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 | $327,973,230 |
Brooklyn Law School Grants Recieved
Over the last fiscal year, we have identified 7 grants that Brooklyn Law School has recieved totaling $39,995.
| Awarding Organization | Amount |
|---|---|
Newell Devalpine Foundation Pittsburgh, PA PURPOSE: ENDOWMENT SUPPORT FOR | $25,000 |
Herman & Margaret Gottfried Crut Success 901-012145205275 Orlando, FL PURPOSE: GENERAL OPERATING | $5,345 |
Richard & Cheryl Metrick Charitable Tr North Hills, NY PURPOSE: GENERAL PURPOSE | $5,000 |
Rosenberg Family Charitable Foundation Newton, MA PURPOSE: OPERATING SUPPORT | $2,500 |
Morris Kirschner Perepetual Charitable Tr New York, NY PURPOSE: GENERAL PURPOSE GRANT | $1,000 |
The Irving And Marjorie Cowan Family Foundation Inc Hollywood, FL PURPOSE: EDUCATIONAL | $1,000 |
Endowment Analysis
| Beg. Balance | $226,569,503 |
| Earnings | $5,574,491 |
| Net Contributions | $2,478,759 |
| Other Expense | $10,489,974 |
| Ending Balance | $224,132,779 |
Brooklyn Law School Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Albert Einstein College Of Medicine Bronx, NY | $1,063,447,825 | $364,446,517 |
Bentley University Waltham, MA | $681,081,992 | $316,624,866 |
Teachers College Columbia University New York, NY | $595,935,497 | $299,754,373 |
Mcphs University Boston, MA | $1,486,480,487 | $345,361,919 |
Feinberg Graduate School Of The Weizmann Institute Of Science New York, NY | $5,527,904 | $152,113,198 |
Philadelphia College Of Osteopathic Medicine Philadelphia, PA | $178,440,650 | $158,892,412 |
New York Medical College Valhalla, NY | $318,677,910 | $119,697,970 |
Lake Erie College Of Osteopathic Medicine Inc Erie, PA | $601,786,639 | $162,737,666 |
New York Law School New York, NY | $325,648,327 | $75,645,849 |
Brooklyn Law School Brooklyn, NY | $327,973,230 | $65,236,818 |
Touro University New York, NY | $80,973,441 | $91,677,502 |
Bank Street College Of Education New York, NY | $91,645,236 | $64,451,080 |
Create a Free Account