Brooklyn Poets Inc (EIN 455515074) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

Renee Kay

Phone

7183741953

Tax Period

2024-01-01 to 2024-12-31

Brooklyn Poets Inc, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $468K in total revenue in fiscal year 2024. Expenses of $520K exceeded revenue, resulting in a 11% operating deficit.

Mission

Celebrate & Cultivate Brooklyn Poetry

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $126,547

Program Service Revenue $297,116

Investment Income $0

Other Revenue $44,774

TOTAL REVENUE $468,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $217,684

Fundraising Expenses $0

Program Expenses $419,175

Other Expenses $302,087

TOTAL EXPENSES $519,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$468,437	$446,278	+0.0%
Expenses	$519,771	$485,326	+0.1%
Net Income	$-51,334	$-39,048	+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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$62,590

Total Directors

$2,251

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jason Koo	Treasurer	36.00	Officer	$62,590	$0	$62,590
Miller Oberman	Board Member	2.00	Director	$1,480	$0	$1,480
Eugenia Leigh	Board Member	2.00	Director	$771	$0	$771
Modesto Jimenez	Board Member	2.00	Director	$0	$0	$0
David Grunner	Board Member	2.00	Director	$0	$0	$0
Emily Blair	Secretary	7.00	Officer	$0	$0	$0
Jessica Greenbaum	President	2.00	Officer	$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
2024	$468,437	$519,771	$650,269	$-51,334
2023	$446,278	$485,326	$821,930	$-39,048
2022	$518,967	$469,498	$188,976	$49,469
2021	$311,827	$237,309	No data	$74,518
2021	No data	$132,581	No data	No data
2021	$315,421	$219,013	$187,945	$96,408
2021	$315,421	$219,013	$187,945	$96,408

Brooklyn Poets Inc