Charity Search / PROSPECT HEIGHTS NEIGHBORHOOD DEVELOPMENT COUNCIL
Community Improvement (S30) 990 on File

PROSPECT HEIGHTS NEIGHBORHOOD DEVELOPMENT COUNCIL

EIN: 41-2138050 · BROOKLYN, NY 11238-3906 · United States · FY 2023 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$188K
Total Revenue
$222K
Total Expenses
$90K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.1%
Fundraising Efficiency N/A
Operating Reserve 4.88x
Liability-to-Asset 24.7%
Revenue Diversification 87.2%
Compared with Peers
FY 2023
Compared with 5,777 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
92.1% 84.1%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
4.9 mo 11.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
24.7% 3.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
87.2% 93.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
4.2% 7.5%
P10P90
Expense growth
Year over year expense growth
119.4% 13.2%
P10P90
Surplus margin
Surplus as a share of revenue
-18.3% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $188K $222K $90K 92.1%
2022 $180K $101K $125K 98.8%
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Organization Details
EIN
41-2138050
State
NY
City
BROOKLYN
ZIP
11238-3906
Classification
S30
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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