One Brooklyn Fund Inc
- Assets
- $96.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 08/2014
- Data as of
- 06/2022
- EIN
- 46-5189061
Organization Overview
One Brooklyn Fund Inc is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Brooklyn Fund Inc 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 06/2022, One Brooklyn Fund Inc generated $98.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $103.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMMUNITY OUTREACH & OTHER EVENTS: SPONSORING VARIOUS EVENTS FOR THE ENJOYMENT, HEALTH, WELFARE, AND WELL-BEING OF THE RESIDENTS OF BROOKLYN, PROMOTING THE BOROUGH AS A TOURIST DESTINATION TO VISITORS AS WELL AS RESIDENTS, PROMOTING ARTS & CULTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Aschkenasy Chair | 5 | $0 | |
Lisa White Treasurer | 5 | $0 | |
Lori Luis Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,149 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,149 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $360 |
| Other expenses | $20,418 |
| Total expenses | $103,654 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,073 |
| Other assets | $0 |
| Total assets | $96,073 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,073 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that One Brooklyn Fund Inc has recieved totaling $77,890.
| Awarding Organization | Amount |
|---|---|
Nyc & Company Foundation Inc New York, NY PURPOSE: 2019 ARTS AND CULTURE PROJECT | $55,000 |
Aarp Washington, DC PURPOSE: Sponsorship of various events | $6,000 |
Aarp Washington, DC PURPOSE: Sponsorship of various events | $6,000 |
Delivering Good Inc New York, NY PURPOSE: POVERTY ASSISTANCE | $5,890 |
The Brooklyn Nets & New York Liberty Foundation Brooklyn, NY PURPOSE: DONATION FOR GALA | $2,500 |
The Brooklyn Nets & New York Liberty Foundation Brooklyn, NY PURPOSE: DONATION FOR GALA | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York State Public High School Athletic Association Inc Farmingville, NY | $1,517,240 | $5,856,622 |
Bike New York Inc New York, NY | $4,166,926 | $2,379,962 |
Project Adventure Inc Beverly, MA | $1,895,624 | $4,703,745 |
Innercity Weightlifting Inc Boston, MA | $3,964,091 | $4,030,474 |
Laurel Highlands Ligonier, PA | $9,995,015 | $2,370,476 |
Doc Wayne Youth Services Inc Boston, MA | $1,355,215 | $2,243,484 |
Park Housing Development Fund Company Inc Flushing, NY | $4,600,496 | $988,773 |
Underground Bowling Association Inc Freeport, NY | $128,797 | $1,189,863 |
Larchmont Manor Park Society Larchmont, NY | $1,812,856 | $1,373,581 |
Atlantic Hockey Association Inc Winthrop, MA | $457,452 | $1,032,133 |
Vermont Atv Sportsmans Association Inc Barre, VT | $867,519 | $1,211,642 |
Niagara Frontier Junior Hockey Club Inc Grand Island, NY | $406,318 | $910,051 |