Fac Center Local Development

Community development organization based in Brooklyn, NY.0 Exempt under §501(c)(3).

MissionTHE MISSION OF THE ORGANIZATION IS TO REDUCE UNEMPLOYMENT AND EXPAND JOB OPPORTUNITIES IN THE SOUTH BROOKLYN AREA.

Financial snapshot · TY 2023

$751K
Total revenue
$549K
Total expenses
$6.8M
Net assets

Financial health · TY 2023

82
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
84 months of expenses
Program efficiency
100
98.5% spent on programs
Revenue diversity
9
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Fac Center Local Development Executive Compensation | 990 Data | DoubleNine