Philanthropy & Grantmaking
(T02)
990 on File
FLATBUSH COMMUNITY FUND INC
Financial strength (30%)
72/100
Reliability (20%)
45/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$3.6M
Total Revenue
$4.0M
Total Expenses
$678K
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.3%
Fundraising Efficiency
N/A
Operating Reserve
2.02x
Liability-to-Asset
26.5%
Revenue Diversification
100.8%
Executive Compensation
$380K
Compared with Peers
FY 2023
Compared with 7,741 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M 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
|
83.3% | 91.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.8% | 8.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.0% | 1.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.0 mo | 80.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
26.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.8% | 90.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-9.3% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.0% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-13.0% | -4.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.6M | $4.0M | $678K | 83.3% | 7 |
| 2022 | $3.9M | $3.3M | $1.1M | 82.5% | 6 |
| 2021 | $4.3M | $2.5M | N/A | — | 4 |
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