Ashland Place Houses Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 2018, with $0 in FY2024 revenue. CharityIndex grades it C, and it directs about 100% of spending to programs.
Revenue (FY2024)
$0
Health median: $840K
Expenses (FY2024)
$12K
Net assets
-$18.3M
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Ashland Place Houses Inc: 100% to programs earns a C+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ashland Place Houses Inc: 0 mo reserves earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ashland Place Houses Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ashland Place Houses Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Support the brooklyn hospital center thru ownership of buildings & land that provide clinical & admin office space supporting hospital services & housing for trainees & staff.
Revenue declined from $1 (FY2017) to $0 (FY2024) across 8 reported years.
Financial snapshot
Total assets
$255K
Total liabilities
$18.6M
Net assets
-$18.3M
Salaries & benefits
$0
0% of expenses
Board members
4
2 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $0 | $11,746 | -$18,336,427▼0.1% | $254,958▼4.4% | 990 |
| 2023 | $0 | $11,746 | -$18,324,681▼0.1% | $266,704▼4.2% | 990 |
| 2022 | $0▼100% | $11,746▲3.5% | -$18,312,935▼0.1% | $278,450▼4.0% | 990 |
| 2021 | $1 | $11,353▲9.4% | -$18,301,189▼0.1% | $290,196▲5.4% | 990 |
| 2020 | $1▼100.0% | $10,374▼97.8% | -$18,289,837▲4.2% | $275,231▼3.6% | 990 |
| 2019 | $84,221,059▲8422105800% | $464,835▲34.8% | -$19,091,289▼2.5% | $285,606▼93.7% | 990 |
| 2018 | $1 | $344,931▲0.8% | -$18,626,455 | $4,521,205▲6.6% | 990 |
| 2017 | $1 | $342,060 | -$18,621,524 | $4,240,695 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anne Elizabeth Fontaine | Director | 1 | — |
| Carlos P Naudon | Director | 1 | — |
| Gary G Terrinoni | President & Board Chair | 1 | — |
| John Walsh | Vp, Cfo | 0 | — |
| Sharon L Wickes | Treasurer & Director | 1 | — |
Explore more
Data for Ashland Place Houses Inc (EIN 11-2390927) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.