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FRIENDS OF NORTHWEST BROOKLYN INC

BROOKLYN, NY · EIN 454593271 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$3.0M
expenses
$1.5M
net assets
$3.9M
employees
0
volunteers
3
program ratio
62%
mission · from form 990

IMPROVING THE QUALITY OF PUBLIC EDUCATION AND EDUCATIONAL OPPORTUNITIES PROVIDED TO THE CHILDREN OF NEW YORK CITY BY PROVIDING FINANCIAL SUPPORT TO AID WITH THE DEVELOPMENT, FORMATION, OPERATION AND ADMINISTRATION OF CHARTER SCHOOLS IN NEW YORK CITY, INCLUDING THE DEVELOPMENT AND OPERATIONS OF THE UNITY PREPARATORY CHARTER SCHOOL OF BROOKLYN.

profile · synthesized from sources

FRIENDS OF NORTHWEST BROOKLYN INC is a New York-based nonprofit that supports the development and operation of charter schools in New York City. Its primary focus is improving public education for children by providing financial and operational assistance, particularly to the Unity Preparatory Charter School of Brooklyn. The organization functions as a grantmaking intermediary in the education sector.

named programs · 1 · from sources

What they call their work

Unity Preparatory Charter School Support
Provides financial and operational support for the development and administration of Unity Preparatory Charter School of Brooklyn, including funding for formation, staffing, and school operations
activities · 1 group

What they do

  • Private K–12 School Support 1 activity
    • Funding charter school development and operations in New York City
      Provides financial support for the development, formation, operation, and administration of charter schools in New York City, including specific funding for Unity Preparatory Charter School of Brooklyn.
financials · form 990 · fy2024
revenue
Total revenue$2.98M
Contributions & grants$168K6%
Program service revenue$236K8%
Investment income$192K6%
Other revenue$2.39M
expenses
Total expenses$1.48M
Program expenses62%
Admin / overhead38%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$28.50M
Cash$4.50M
Investments$0
Liabilities$24.57M
Net assets$3.93M
Liquid reserves36.4 mo
4 years on record · 2020–2024 · YoY revenue +85.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JOSHUA BEAUREGARD PRESIDENT 1 $221K
board members · 2
  • JAKE ELGHANAYAN — TREASURER
  • JOSIAH SLOTNICK — SECRETARY
relationships · 1

Who they work with

  • Unity Preparatory Charter School of Brooklyn Partner — Receives financial support for development and operations.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.