Recreation & Sports
(N32I)
IRS Verified
DX Registered
990 on File
PROSPECT PARK ALLIANCE INC
CharityAI™ Score
Not yet evaluated
Mission Statement
Prospect Park Alliance is the non-profit organization that sustains “Brooklyn’s Backyard,” working in partnership with the City of New York. The Alliance was founded in 1987 to help restore the park after a long period of deterioration and decline. Today, the Alliance provides critical staff and resources that keep the park green and vibrant for the diverse communities that call Brooklyn home.
Financial Overview — FY 2023
$14.1M
Total Revenue
$14.7M
Total Expenses
$38.1M
Net Assets
195
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.0%
Fundraising Efficiency
1899.8%
Operating Reserve
31.04x
Liability-to-Asset
7.0%
Revenue Diversification
53.1%
Executive Compensation
$733K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $14.1M | $14.7M | $38.1M | 77.0% | 195 |
| 2022 | $20.9M | $11.7M | $37.3M | 75.0% | 195 |
| 2021 | $14.6M | $9.7M | N/A | — | 202 |
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