Is South Bronx Charter School For International Cultures And The Art Legit?
Quick charity verification for South Bronx Charter School For International Cultures And The Art (EIN: 202957113)
Verdict: South Bronx Charter School For International Cultures And The Art appears trustworthy
85/100Mission Score
$11.8MRevenue
$12.5MAssets
1Red Flags
4Strengths
Red Flags
High proportion of liabilities relative to assets, suggesting significant debt burden.
Strengths
Consistent revenue growth over the past decade, from $5.67M in 2014 to $10.31M in 2023.
Consistent operational surpluses, with revenue exceeding expenses in all reported periods (e.g., $10.31M revenue vs. $9.98M expenses in 2023).
No reported officer compensation across all 13 filings, indicating efficient use of funds for mission.
Significant asset base, reaching $29.41M in 2023, suggesting substantial investment in its educational mission.
Spending Breakdown
How South Bronx Charter School For International Cultures And The Art 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 South Bronx Charter School For International Cultures And The Art
Is South Bronx Charter School For International Cultures And The Art a legitimate charity?
Based on AI analysis of IRS 990 filings, South Bronx Charter School For International Cultures And The Art (EIN: 202957113) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is South Bronx Charter School For International Cultures And The Art a good charity to donate to?
South Bronx Charter School For International Cultures And The Art has a Mission Score of 85/100. Revenue: $11.8M. Assets: $12.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for South Bronx Charter School For International Cultures And The Art?
The Employer Identification Number (EIN) for South Bronx Charter School For International Cultures And The Art is 202957113. 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 South Bronx Charter School For International Cultures And The Art spend its money?
South Bronx Charter School For International Cultures And The Art allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify South Bronx Charter School For International Cultures And The Art's tax-exempt status?
You can verify South Bronx Charter School For International Cultures And The Art's tax-exempt status using EIN 202957113 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
South Bronx Charter School For International Cultures And The Art demonstrates consistent financial growth, with revenue increasing from $5.67 million in 2014 to $10.31 million in 2023. The organization consistently operates with a surplus, as seen in the 2023 period where revenue of $10,314,228 exceeded expenses of $9,984,211. This indicates sound financial management and the ability to cover operational costs. The significant asset base, reaching $29.4 million in 2023, suggests substantial investment in its mission, likely in facilities or educational resources, though a high proportion of these assets are offset by liabilities.
The organization's spending efficiency appears strong, particularly given the consistent surpluses. The absence of reported officer compensation across all available filings is a notable positive for transparency and resource allocation, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which warrants further investigation for full clarity. The consistent growth in revenue and assets over the past decade points to a stable and expanding operation.
While the organization's financial health appears robust with consistent revenue growth and surpluses, the high level of liabilities relative to assets, such as $20.32 million in liabilities against $29.41 million in assets in 2023, suggests significant debt or long-term obligations. This is common for organizations with substantial physical assets like schools but should be monitored. The lack of reported officer compensation is a strong indicator of efficient use of funds, but a detailed breakdown of program, administrative, and fundraising expenses from the latest filing would provide a more complete picture of spending efficiency.