BROOKLYN INDEPENDENT (EIN 834138693) - 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

2019

Legal Domicile

Principal Officer

KELSEY JONES

Phone

6197339727

Tax Period

2024-07-01 to 2025-06-30

BROOKLYN INDEPENDENT, founded in 2019, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $3.4M left a modest 15% surplus.

Mission

BROOKLYN INDEPENDENT IS A 6TH-8TH PRIVATE MIDDLE SCHOOL WITH A FIERCE BELIEF IN DIVERSITY AND INCLUSION. WE SPECIALIZE IN MIDDLE SCHOOL LEARNING BY BALANCING HIGH RIGOR AND HIGH EXPERIENTIAL LEARNING. OUR SLIDING-SCALE TUITION MODEL ENSURES THAT ALL FAMILIES HAVE ACCESS TO AND CAN AFFORD AN EXCELLENT EDUCATION. WE BELIEVE DIVERSITY MAKES US BETTER, SMARTER, AND STRONGER.

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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 $1,662,841

Program Service Revenue $2,164,035

Investment Income $0

Other Revenue $144,791

TOTAL REVENUE $3,971,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,043,997

Fundraising Expenses $193,863

Program Expenses $2,565,604

Other Expenses $1,340,624

TOTAL EXPENSES $3,384,621

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,971,667	$2,742,543	+0.4%
Expenses	$3,384,621	$2,796,170	+0.2%
Net Income	$587,046	$-53,627	-11.9%

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

$332,261

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEVON ROUSH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LIFAN SHEN	TREASURER	1.00	Officer Director	$0	$0	$0
TANYA FRIEDMAN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
NICHOLAS MERCHANT-BLEIBERG	TRUSTEE	1.00	Director	$0	$0	$0
NIKKI CALLISTE	TRUSTEE	1.00	Director	$0	$0	$0
ROODIA JOSEPH	TRUSTEE	1.00	Director	$0	$0	$0
CHLOE TAYLOR	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL HAN	TRUSTEE	1.00	Director	$0	$0	$0
SAMRA HAIDER	TRUSTEE (TERM ENDED)	1.00	Director	$0	$0	$0
YASMINE ANTHONY	TRUSTEE	1.00	Director	$0	$0	$0
HANNAH PETERS-SIEGFRIED	TRUSTEE (BEGAN 6/13/25)	1.00	Director	$0	$0	$0
TERRI DAVIS-MERCHANT	TRUSTEE (BEGAN 6/13/25)	1.00	Director	$0	$0	$0
ANDREA CABLAYAN	TRUSTEE (BEGAN 6/13/25)	1.00	Director	$0	$0	$0
PEACHY MYERS	TRUSTEE (BEGAN 6/13/25)	1.00	Director	$0	$0	$0
KELSEY JONES	CO-FOUNDER & CO-HEAD OF SC	1.00	Officer	$155,206	$4,656	$159,862
GABRIELA TEJEDOR	CO-FOUNDER & CO-HEAD OF SC	1.00	Officer	$140,209	$32,190	$172,399
MEGHANN FALLON	PRINCIPAL	1.00	Highest	$139,328	$14,239	$153,567
KEVIN GRIJALVA	TEACHER	1.00	Highest	$109,435	$25,234	$134,669
JOEL TRACY	TEACHER	1.00	Highest	$112,850	$0	$112,850

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	$3,971,667	$3,384,621	$4,657,250	$587,046
2024	No data	No data	No data	No data
2023	$2,138,816	$2,431,252	$1,355,268	$-292,436
2022	$1,733,430	$1,856,246	$748,950	$-122,816
2021	$849,140	$1,004,188	$530,593	$-155,048
2020	$688,062	$640,943	$408,246	$47,119

BROOKLYN INDEPENDENT