BUILDING 77 QALICB INC C/O BROOKLYN NAVY YARD DEVELOPMENT CORP

EIN: 472526419 501(c)(3) Community Improvement

BROOKLYN, NY

Total Revenue
$16,638,081
Total Expenses
$28,856,150
Total Assets
$171,333,649
Net Assets
$143,715,463
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
PAUL KELLY
Phone
7189075900
Tax Period
2025-01-01 to 2025-12-31

BUILDING 77 QALICB INC C/O BROOKLYN NAVY YARD DEVELOPMENT CORP, founded in 2014, is a mid-sized nonprofit in the Community Improvement sector that reported $16.6M in total revenue in fiscal year 2025. Expenses of $28.9M exceeded revenue, resulting in a 73% operating deficit.

Mission

TO SUPPORT THE CHARITABLE ACTIVITIES OF BROOKLYN NAVY YARD DEVELOPMENT CORPORATION WHOSE MISSION IS TO PROMOTE LOCAL ECONOMIC DEVELOPMENT & JOB CREATION IN BROOKLYN BOROUGH OF NYC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,626,074
Investment Income $3,124
Other Revenue $8,883
TOTAL REVENUE $16,638,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,500,723
Fundraising Expenses $0
Program Expenses $28,775,998
Other Expenses $27,355,427
TOTAL EXPENSES $28,856,150

Year-over-Year Comparison

2025 2024 Change
Revenue $16,638,081 $15,765,938 +0.1%
Expenses $28,856,150 $29,832,736 0.0%
Net Income $-12,218,069 $-14,066,798 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
1
Employees
N/A
Volunteers
1

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
4
$1,366,455
Total Directors
5
$1,366,455
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNY SPRAUS-REINHARDT PRESIDENT, DIRECTOR 1.00
Officer Director
$0 $87,675 $361,832
SUSIE KIM VP, DIRECTOR 1.00
Officer Director
$0 $87,211 $295,342
WIMAL ARIYAWANSA TREASURER, DIRECTOR 1.00
Officer Director
$0 $100,977 $378,496
PAUL KELLY SECRETARY, DIRECTOR 1.00
Officer Director
$0 $44,620 $330,785
WENDY ROWDEN DIRECTOR 1.00
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
2025 $16,638,081 $28,856,150 $171,333,649 $-12,218,069
2024 $15,765,938 $29,832,736 $177,919,009 $-14,066,798
2023 $15,225,749 $23,828,970 $182,736,898 $-8,603,221
2022 $38,268,962 $18,696,138 $191,889,432 $19,572,824
2021 $15,386,005 $22,801,730 $189,975,269 $-7,415,725
2020 $16,788,036 $24,026,066 $194,597,427 $-7,238,030
2019 $35,214,376 $15,237,370 $200,881,114 $19,977,006
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BUILDING 77 QALICB INC C/O BROOKLYN NAVY YARD DEVELOPMENT CORP with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.