Brooklyn Amity School

EIN: 113511046 501(c)(3) Education

Brooklyn, NY

Total Revenue
$3,269,610
Total Expenses
$3,885,354
Total Assets
$19,142,618
Net Assets
$3,027,127
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Phone
7188916100
Tax Period
2022-07-01 to 2023-06-30

Brooklyn Amity School, founded in 1999, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.9M exceeded revenue, resulting in a 19% operating deficit.

Mission

The Schools mission is to offer a safe, secure, structured and stimulating college-career preparatory educational environment. Brooklyn Amity School will provide challenges and opportunities for students to instill the necessary skills and knowledge needed for the rest of their lives. The Brooklyn Amity School aims to create a partnership among the triad of student-teacher-parent that will provide our youth with the support necessary to reach their highest potential - intellectually, socially, emotionally and physically. Brooklyn Amity School will provide a rigorous and relevant, standards-based curriculum in a dynamic, specialized learning community for students who seek a comprehensive, challenging curriculum with emphasis on science, world languages, and technology.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,176,929
Program Service Revenue $1,084,211
Investment Income $0
Other Revenue $8,470
TOTAL REVENUE $3,269,610

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,639,352
Fundraising Expenses $0
Program Expenses $3,691,087
Other Expenses $1,246,002
TOTAL EXPENSES $3,885,354

Year-over-Year Comparison

2022 2021 Change
Revenue $3,269,610 $2,948,473 +0.1%
Expenses $3,885,354 $3,845,224 +0.0%
Net Income $-615,744 $-896,751 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
70
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sadi Yildirir President 0.00
Officer Director
$0 $0 $0
Sadri Altinok Secretary 0.00
Officer Director
$0 $0 $0
Hakan Tale Treasurer 0.00
Officer Director
$0 $0 $0
Cagri Seymen Trustee 0.00
Director
$0 $0 $0
Suleyman Aydogan Trustee 0.00
Director
$0 $0 $0
Goksel Guven Trustee 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,269,610 $3,885,354 $19,142,618 $-615,744
2022 $2,948,473 $3,845,224 $19,779,921 $-896,751
2021 $2,115,551 $2,767,327 $20,116,774 $-651,776
2020 $2,668,945 $2,589,870 $20,728,550 $79,075
2019 $1,421,102 $2,416,216 $21,049,450 $-995,114
2018 $1,799,378 $2,418,648 $21,615,064 $-619,270
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