Lack of clarity on how executive leadership is compensated, given 0% reported officer compensation for an organization of this size.
Strengths
Consistent revenue growth, from $6.9M in 2014 to $27.5M in 2023.
Remarkable 0% reported officer compensation across all filings, indicating high dedication to mission.
Healthy asset growth, reaching $11.9M in 2023, providing financial stability.
Expenses closely track revenue, suggesting efficient use of funds for program delivery.
Spending Breakdown
How Lsny Bronx Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Lsny Bronx Corporation
Is Lsny Bronx Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lsny Bronx Corporation (EIN: 161759590) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
Is Lsny Bronx Corporation a good charity to donate to?
Lsny Bronx Corporation has a Mission Score of 95/100. Revenue: $31.3M. Assets: $10.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lsny Bronx Corporation?
The Employer Identification Number (EIN) for Lsny Bronx Corporation is 161759590. 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 Lsny Bronx Corporation spend its money?
Lsny Bronx Corporation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lsny Bronx Corporation's tax-exempt status?
You can verify Lsny Bronx Corporation's tax-exempt status using EIN 161759590 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
Lsny Bronx Corporation demonstrates consistent financial growth and strong program spending. In 2023, the organization reported revenues of $27,579,386 against expenses of $27,419,552, indicating a near break-even operation which is common for non-profits focused on maximizing program delivery. Over the past decade, revenue has grown significantly from $6,937,102 in 2014 to $27,579,386 in 2023, reflecting expanding operations and donor support. The organization consistently reports 0% officer compensation, which is a notable indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests a volunteer or externally compensated leadership structure, or that compensation is reported under other categories not specified as 'officer comp'.
The organization's assets have also grown steadily, reaching $11,902,130 in 2023, providing a solid financial foundation. Liabilities have increased in proportion to assets, which is expected with growth, but the organization maintains a healthy asset-to-liability ratio. The consistent reporting of 0% officer compensation across all available filings is a significant positive for transparency, though it would be beneficial to understand how leadership is compensated if not through direct officer salaries. Overall, Lsny Bronx Corporation appears to be a financially stable and efficient organization, effectively managing its resources to support its mission.