Is South Bronx Community Management Company Inc Legit?
Quick charity verification for South Bronx Community Management Company Inc (EIN: 132850133)
Verdict: South Bronx Community Management Company Inc shows mixed signals
45/100Mission Score
$3.0MRevenue
$3.8MAssets
4Red Flags
2Strengths
Red Flags
Persistent operational deficits (e.g., $1,003,613 deficit in 2023)
Liabilities significantly exceed assets ($8,578,768 liabilities vs. $3,595,853 assets in 2023)
Negative net asset balance for multiple years
Inconsistent revenue generation relative to expenses over time
Strengths
Consistent reporting of 0% officer compensation
Long operating history with 13 filings
Spending Breakdown
How South Bronx Community Management Company Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Community Management Company Inc
Is South Bronx Community Management Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Bronx Community Management Company Inc (EIN: 132850133) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is South Bronx Community Management Company Inc a good charity to donate to?
South Bronx Community Management Company Inc has a Mission Score of 45/100. Revenue: $3.0M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for South Bronx Community Management Company Inc?
The Employer Identification Number (EIN) for South Bronx Community Management Company Inc is 132850133. 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 Community Management Company Inc spend its money?
South Bronx Community Management Company Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify South Bronx Community Management Company Inc's tax-exempt status?
You can verify South Bronx Community Management Company Inc's tax-exempt status using EIN 132850133 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 Community Management Company Inc. demonstrates a consistent operational deficit, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $4,107,370 against revenues of $3,103,757, indicating a significant shortfall. This trend is visible across multiple years, suggesting a reliance on prior assets or other funding mechanisms to cover operational costs. The organization's liabilities have also shown a concerning upward trend, reaching $8,578,768 in 2023, significantly outweighing its assets of $3,595,853. This indicates a precarious financial position with a negative net asset balance.
While the filings consistently report 0% officer compensation, which could be a positive indicator of resource allocation, the overall financial health is challenged by persistent deficits and growing liabilities. The NTEE code L200 (Housing Development, Construction & Management) suggests a capital-intensive mission, which might explain the high liabilities, but the consistent operational losses are a concern for long-term sustainability. Without a detailed breakdown of expenses, it's difficult to fully assess spending efficiency, but the recurring deficits point to a need for revenue enhancement or cost control.
Transparency regarding executive compensation is high, with no reported officer compensation. However, the significant and growing liabilities relative to assets raise questions about the organization's financial management and long-term viability. Further details on the nature of these liabilities and how they are being managed would be crucial for a complete transparency assessment.