BROOKLYN EMERGING LEADERS ACADEMY

EIN: 813554882 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$5,017,108
Total Expenses
$5,314,745
Total Assets
$2,271,362
Net Assets
$1,903,867
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NY
Principal Officer
NICIA FULLWOOD
Phone
3474738831
Tax Period
2024-07-01 to 2025-06-30

BROOKLYN EMERGING LEADERS ACADEMY, founded in 2016, is a community nonprofit in the Education sector that reported $5.0M in total revenue in fiscal year 2024.

Mission

BELA'S MISSION IS TO EMPOWER EACH YOUNG WOMAN TO BE THE BEST VERSION OF HERSELF THROUGH A RIGOROUS COLLEGE PREPARATORY CURRICULUM, SERVICE LEARNING INITIATIVES, AND A COMMITMENT TO CULTIVATING A SPIRIT OF RESILIENCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,011,509
Program Service Revenue $0
Investment Income $4,390
Other Revenue $1,209
TOTAL REVENUE $5,017,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,125,458
Fundraising Expenses $27,872
Program Expenses $4,481,552
Other Expenses $1,189,287
TOTAL EXPENSES $5,314,745

Year-over-Year Comparison

2024 2023 Change
Revenue $5,017,108 $4,957,076 +0.0%
Expenses $5,314,745 $5,523,307 0.0%
Net Income $-297,637 $-566,231 -0.5%
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
10
Independent Members
10
Employees
44
Volunteers
10

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
$228,969
Total Directors
10
$0
Key Employees
1
$172,617
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE NATHANIAL BOARD CHAIR 1.00
Officer Director
$0 $0 $0
BRENDA CANTY VICE CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL LACKWOOD TREASURER 1.00
Officer Director
$0 $0 $0
IYMAANI AYTES BOARD TRUSTEE 1.00
Director
$0 $0 $0
MELLANIE GARNER BOARD TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH HALL BOARD TRUSTEE 1.00
Director
$0 $0 $0
JONATHAN DILL BOARD TRUSTEE 1.00
Director
$0 $0 $0
DR ANDRE MCKENZIE BOARD TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINA SOCIAS BOARD TRUSTEE 1.00
Director
$0 $0 $0
ALMA MENDS BOARD TRUSTEE 1.00
Director
$0 $0 $0
NICIA FULLWOOD HEAD OF SCHOOL 40.00
Officer
$211,224 $17,745 $228,969
SHANNON RILEY CHIEF OF STAFF 40.00
Key Emp
$155,040 $17,577 $172,617
NICOLE L DAVIS DEAN OF OPERATIONS 40.00
Highest
$115,388 $13,964 $129,352
NATALIE A FROMAN ETHICS STUDIES TEACHER 40.00
Highest
$106,270 $14,304 $120,574
MEREDITH LOOP ETHNIC STUDIES TEACHER 40.00
Highest
$127,192 $16,382 $143,574
CATHERINE T MAGESIS DIR. OF COLLEGE SUCCESS 40.00
Highest
$105,092 $14,354 $119,446
THERESA A RAU MATH TEACHER 40.00
Highest
$104,829 $13,125 $117,954
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 $5,017,108 $5,314,745 $2,271,362 $-297,637
2024 $4,957,076 $5,523,307 $2,604,322 $-566,231
2023 $5,505,573 $5,448,600 $3,056,040 $56,973
2022 $5,830,499 $4,823,146 $2,971,549 $1,007,353
2021 $5,031,772 $4,225,233 $1,874,026 $806,539
2020 $3,723,822 $3,171,043 $1,401,635 $552,779
2019 $2,761,290 $2,745,849 $539,032 $15,441
2018 $2,090,300 $2,090,815 $372,231 $-515
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