Overview
What is Brooklyn Free Space Inc?
Brooklyn Free Space Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 298 SIXTH AVENUE. This cooperative, nondenominational preschool caters to young children, providing them with age-appropriate experiences to foster their growth and social-emotional development. The organization's educational philosophy emphasizes learning through play, ensuring a warm, child-centered, and family-friendly environment. Additionally, Brooklyn Free Space Inc offers before-school, after-school, and summer camp programs to accommodate the needs of working parents. With a team of 29 dedicated employees, the preschool aims to create a nurturing space where children can thrive and grow.
Official website here: www.brooklynfreespace.org
What are the reviews and ratings of this charity?
73% rating from Charity Navigator, earning Brooklyn Free Space Inc a Two-Star out of Four Star rating. This score indicates some areas of strength in accountability and finance, but also highlights significant gaps in transparency and policy implementation.
The organization has a fully independent board, showcasing its commitment to governance, with 100% of board members meeting independence criteria. Additionally, it has a solid program expense ratio, indicating that a significant portion of its budget is directed toward its mission-driven activities.
However, the charity falls short in key areas of financial transparency, as it has not provided financial statements or posted its tax form on its website. Moreover, the lack of a whistleblower policy and a document retention policy raises concerns about its operational integrity. These limitations contribute to its overall lower rating, suggesting a need for improvement in transparency and policy adherence.
This AI summary has been generated from information found on Charity Navigator.
Is Brooklyn Free Space Inc legitimate?
Brooklyn Free Space Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Free Space Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $868,470
For more financial information, click here
Official website here: www.brooklynfreespace.org
What is the mission statement of Brooklyn Free Space Inc?
Brooklyn Free Space Inc, as a private cooperative preschool, aims to cater to the needs of young children by providing age-appropriate experiences. These experiences are designed to foster their growth and enhance their social and emotional development. The educational philosophy at Brooklyn Free Space emphasizes learning through play, which is considered crucial for preschool-aged children. This learning is facilitated in a warm, child-centered environment that is also family-friendly.
Official website here: www.brooklynfreespace.org
Who is the CEO of Brooklyn Free Space Inc?
Oi Ling Hu is the Board Chair of Brooklyn Free Space Inc.
Official website here: www.brooklynfreespace.org
What is the revenue of Brooklyn Free Space Inc?
Brooklyn Free Space Inc's revenue in 2022 was $1,815,998.
Official website here: www.brooklynfreespace.org
Who are the executives of Brooklyn Free Space Inc and what are their salaries?
The average compensation at Brooklyn Free Space Inc during 2022 was $29,947. There are 29 employees and 60 volunteers at Brooklyn Free Space Inc.
Here are 6 key members and their salaries:
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Official website here: www.brooklynfreespace.org
Where can I find the form 990 for Brooklyn Free Space Inc?
Brooklyn Free Space Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brooklynfreespace.org
Learn more at the official website: www.brooklynfreespace.org
Mission Statement of Brooklyn Free Space Inc
Brooklyn Free Space Inc, as a private, cooperative preschool, is dedicated to catering to the needs of young children. Recognizing the significance of learning through play, the organization provides an educational philosophy that emphasizes this approach. Brooklyn Free Space Inc creates a nurturing, child-centered, and family-friendly environment where preschoolers can thrive and develop socially and emotionally. The mission of Brooklyn Free Space Inc is to offer age-appropriate experiences that foster the growth of these young learners, thereby enhancing their overall development.
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Impact
July, 2024
Brooklyn Free Space Inc has a significant impact on the community by providing a cooperative nondenominational preschool as well as before and after-school programs, and summer camp programs. Their mission is to fulfill the needs of young children by offering age-appropriate experiences that enhance their growth and social/emotional development. They believe in learning through play and provide this educational philosophy in a warm, child-centered, and family-friendly environment. This organization plays a crucial role in supporting children's early development and creating a positive educational experience for families in Brooklyn, NY.
This information is meant to be a general summary of Brooklyn Free Space Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,016,003
- Gross Receipts: $1,815,998
Assets and Liabilities:
- Total Assets: $1,302,616
- Total Liabilities: $345,888
- Net Assets: $956,728
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES
Revenue
$975,399
PROGRAM, MATERIAL AND OTHER FEES
Revenue
$40,604
Organization Details
Founding Year
1978
Phone
(718) 965-3135Principal Officer
Oi Ling Hu
Main Address
298 SIXTH AVENUE, BROOKLYN, NY, 112155107
Website
www.brooklynfreespace.orgNTEE Category
Code: P33 - Human services
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