Recreation & Sports (N32I) IRS Verified DX Registered 990 on File

PROSPECT PARK ALLIANCE INC

EIN: 11-2843763 · BROOKLYN, NY 11215-3709 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 71/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Prospect Park Alliance is the non-profit organization that sustains “Brooklyn’s Backyard,” working in partnership with the City of New York. The Alliance was founded in 1987 to help restore the park after a long period of deterioration and decline. Today, the Alliance provides critical staff and resources that keep the park green and vibrant for the diverse communities that call Brooklyn home.

Financial Overview — FY 2023

$14.1M

Total Revenue

$14.7M

Total Expenses

$38.1M

Net Assets

195

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 77.0%

Fundraising Efficiency 1899.8%

Operating Reserve 31.04x

Liability-to-Asset 7.0%

Revenue Diversification 53.1%

Executive Compensation $733K

Compared with Peers

FY 2023

Compared with 163 similar organizations (United States, Recreation & Sports, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	77.0%	85.8%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	11.8%	10.7%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	11.2%	0.9%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	1899.8%	456.5%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	31.0 mo	11.5 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	7.0%	23.7%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	53.1%	85.6%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-32.8%	6.1%	P10P90
Expense growth Year over year expense growth	26.3%	12.1%	P10P90
Surplus margin Surplus as a share of revenue	-4.7%	2.8%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$14.1M	$14.7M	$38.1M	77.0%	195
2022	$20.9M	$11.7M	$37.3M	75.0%	195
2021	$14.6M	$9.7M	N/A	—	202

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Organization Details

EIN: 11-2843763
State: NY
City: BROOKLYN
ZIP: 11215-3709
Classification: N32I
Category: Recreation & Sports
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1987
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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