The Fund for BRIC Community Media Inc

EIN: 271120036 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$508,739
Total Expenses
$25,995
Total Assets
$23,270,832
Net Assets
$23,243,257
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
WES JACKSON
Phone
7186835600
Tax Period
2022-07-01 to 2023-06-30

The Fund for BRIC Community Media Inc, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $509K in total revenue in fiscal year 2022. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $483K, a strong 95% operating margin.

Mission

TO SUPPORT AND BENEFIT THE PUBLIC ACCESS COMMUNITY MEDIA ACTIVITIES AND PROJECTS OF BRIC ARTS MEDIA BKLYN, INC.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

TO HOLD AND INVEST FUNDS TO BE USED FOR THE BENEFIT OF THE PUBLIC ACCESS COMMUNITY MEDIA ACTIVITIES AND PROJECTS OF BRIC ARTS MEDIA BKLYN, INC.

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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 $0
Program Service Revenue $0
Investment Income $508,739
Other Revenue $0
TOTAL REVENUE $508,739

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $25,995
TOTAL EXPENSES $25,995

Year-over-Year Comparison

2022 2021 Change
Revenue $508,739 $729,672 -0.3%
Expenses $25,995 $26,004 0.0%
Net Income $482,744 $703,668 -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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

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
$143,841
Total Directors
4
$143,841
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WESLEY JACKSON PRESIDENT 0.5
Officer Director
$0 $0 $143,841
MICHAEL LIBURD CHAIR 0.5
Officer Director
$0 $0 $0
PETER DARROW SECRETARY/TREASURER 0.5
Officer Director
$0 $0 $0
ZACHARY BLOCK BOARD MEMEBR 0.5
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
2025 No data No data No data No data
2025 No data No data No data No data
2024 No data No data No data No data
2023 $508,739 $25,995 $23,270,832 $482,744
2022 $729,672 $26,004 $21,417,445 $703,668
2021 $2,033,306 $26,719 $24,441,377 $2,006,587
2020 $1,272,248 $22,339 $19,009,901 $1,249,909
2019 $496,625 $17,985 $17,494,241 $478,640
2018 $462,629 $78,090 $16,331,167 $384,539
2018 $1,962,629 $78,090 $16,331,167 $1,884,539
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