Quick charity verification for Bronx Rhio Inc (EIN: 205721976)
Verdict: Bronx Rhio Inc appears trustworthy
85/100Mission Score
$8.7MRevenue
$14.2MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed executive compensation reporting on 990s (0% officer comp for an organization of this size)
Strengths
Consistent financial stability and positive net income (e.g., 202312: $8,333,060 revenue vs. $8,104,667 expenses)
Steady growth in assets over the past decade (from $5.7M in 2014 to $14M in 2023)
Manageable liabilities relative to assets (e.g., 202312: $1,453,192 liabilities vs. $14,002,005 assets)
Efficient expense management, with expenses consistently below revenue
Spending Breakdown
How Bronx Rhio Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bronx Rhio Inc
Is Bronx Rhio Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bronx Rhio Inc (EIN: 205721976) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Bronx Rhio Inc a good charity to donate to?
Bronx Rhio Inc has a Mission Score of 85/100. Revenue: $8.7M. Assets: $14.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bronx Rhio Inc?
The Employer Identification Number (EIN) for Bronx Rhio Inc is 205721976. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bronx Rhio Inc spend its money?
Bronx Rhio Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bronx Rhio Inc's tax-exempt status?
You can verify Bronx Rhio Inc's tax-exempt status using EIN 205721976 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bronx Rhio Inc. demonstrates consistent financial health with stable revenue streams and growing assets over the past decade. In the latest filing (202312), the organization reported revenues of $8,333,060 against expenses of $8,104,667, indicating a slight surplus. The organization's assets have steadily increased, reaching $14,002,005 in 2023, while liabilities remain manageable at $1,453,192, suggesting a strong financial position. The absence of reported officer compensation across all available filings is a notable aspect of its transparency and operational structure, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which warrants further inquiry for a complete picture of executive remuneration.
Spending efficiency appears robust, with expenses consistently below revenue, allowing for asset growth. The organization's NTEE code W050 (Health Information Exchanges) suggests a focus on infrastructure and data management within the healthcare sector, which typically involves significant operational costs rather than direct program delivery in the traditional sense. The consistent financial performance and asset accumulation indicate effective management of its resources to support its mission. The lack of reported officer compensation is a significant factor in assessing its spending efficiency and transparency, as it suggests a lean administrative structure or alternative compensation models.
Overall, Bronx Rhio Inc. appears to be a financially stable and efficiently managed organization. Its consistent growth in assets and prudent management of expenses, coupled with the absence of reported officer compensation, points towards a strong commitment to its operational goals. Further detail on the allocation of expenses between program, administrative, and fundraising categories would provide a more granular understanding of its spending efficiency, but the available data suggests a well-managed entity.