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Brownsville Think Tank Matters

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472440990 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brownsville Think Tank Matters?

Brownsville Think Tank Matters is a nonprofit organization situated in Brooklyn, New York, specifically at 48 New Lots Avenue, 11212. Their mission is to empower individuals from diverse backgrounds by providing them with essential resources and opportunities, enabling communities to realize their objectives and actualize their aspirations. With a dedicated team of 27 employees, they strive to facilitate life-transforming experiences, fostering a sense of unity and purpose within the communities they serve.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

Brownsville Think Tank Matters has achieved a solid Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and financial management. The organization scored 75% overall, which is derived entirely from its accountability and finance metrics. This rating indicates that the nonprofit operates with a commendable level of transparency and responsible financial practices.

The organization demonstrates notable strengths in governance, with 100% of its board members being independent and compliant with conflict of interest policies. Furthermore, the nonprofit maintains a healthy financial structure, showcasing a low liabilities to assets ratio of 7.99% and a high program expense ratio of 73.72%. This suggests that a significant portion of its resources is directed towards its mission-driven programs, effectively serving the community.

However, while the nonprofit excels in accountability, the rating is solely based on financial and governance metrics, which may not provide a complete picture of its overall impact or effectiveness in achieving its mission. Potential donors and stakeholders may want to consider additional qualitative factors when evaluating the nonprofit's work in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Brownsville Think Tank Matters legitimate?

Brownsville Think Tank Matters is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brownsville Think Tank Matters 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: $227,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $442,109

For more financial information, click here

What is the mission statement of Brownsville Think Tank Matters?

Brownsville Think Tank Matters aims to empower individuals from diverse backgrounds by providing them with essential resources and opportunities. Their mission is to facilitate life-transforming experiences that enable communities to achieve their purposes. They strive to make dreams a reality by supporting residents and fostering an environment that encourages community growth and fulfillment.

Who is the CEO of Brownsville Think Tank Matters?

Albert Mathieu is the Chief Executive Officer of Brownsville Think Tank Matters. The CEO's salary of Brownsville Think Tank Matters is $115,142 and their total compensation is $115,142.

What is the revenue of Brownsville Think Tank Matters?

Brownsville Think Tank Matters's revenue in 2021 was $1,551,095.

Who are the executives of Brownsville Think Tank Matters and what are their salaries?

The average compensation at Brownsville Think Tank Matters during 2021 was $24,811. There are 27 employees at Brownsville Think Tank Matters.


Here are 2 key members and their salaries (Brownsville Think Tank Matters's CEO's salary is $115,142 and their total compensation is $115,142):


Albert Mathieu (Chief Executive Officer)
  • Compensation: $115,142
  • Related: $0
  • Other: $0
Cyrus Smith (Chief Operating Officer)
  • Compensation: $82,333
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brownsville Think Tank Matters?

Brownsville Think Tank Matters's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Brownsville Think Tank Matters

Brownsville Think Tank Matters, a community-focused organization, is dedicated to serving individuals from various backgrounds and aiding them in realizing their aspirations. This is accomplished through facilitating life-transforming experiences and identifying resources and opportunities that enable communities to fulfill their purpose. By supporting residents collectively, Brownsville Think Tank Matters aims to make dreams attainable and contribute to the betterment of society.

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Impact




July, 2024

Brownsville Think Tank Matters has made a significant impact in Brooklyn, NY by serving people from all walks of life and supporting residents. Through their work, they have helped make dreams possible through life-changing experiences and have found resources and opportunities for communities to fulfill their purpose. Their commitment to community improvement is evident in the positive changes they have brought about in the lives of those they serve.




This information is meant to be a general summary of Brownsville Think Tank Matters. 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.

Revenue
$1,551,095 (2021)
Expenses
$1,129,706 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $4,200
  • Gross Receipts: $1,551,095

Assets and Liabilities:

  • Total Assets: $778,151
  • Total Liabilities: $62,207
  • Net Assets: $715,944

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Organization Details

Founding Year

2017

Principal Officer

Albert Mathieu

Main Address

48 New Lots Avenue, Brooklyn, NY, 11212

NTEE Category

Code: S99 - Community improvement

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