Bronx Independent Living Services Inc
Bronx Independent Living Services consistently grows revenue and operates efficiently with no reported officer compensation.
EIN: 133238733 · Bronx, NY · NTEE: P8XZ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $457K |
| Transparency Score | 92/100 |
Is Bronx Independent Living Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bronx Independent Living Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bronx Independent Living Services Inc
Bronx Independent Living Services Inc (EIN: 133238733) is a nonprofit organization based in Bronx, NY, classified under NTEE code P8XZ. The organization reported total revenue of $1.7M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bronx Independent Living Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bronx Independent Living Services Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$83K |
| Total Assets | $738K |
| Total Liabilities | $281K |
| Net Assets | $457K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 38.1% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, Bronx Independent Living Services Inc reported a surplus of $83K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 38.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bronx Independent Living Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | -0.5% | +22.5% |
| 2022 | +4.0% | +5.6% | +4.4% |
| 2021 | +16.3% | +11.0% | -8.4% |
| 2020 | +13.2% | +10.8% | +49.3% |
| 2019 | +16.1% | +11.9% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bronx Independent Living Services Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bronx Independent Living Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.1%.
Executive Compensation Analysis
Bronx Independent Living Services Inc. reports 0% officer compensation across all available filings, indicating that no portion of its budget is allocated to executive salaries. This is highly unusual and suggests either a volunteer-led executive team or that executive compensation is categorized differently within other expense lines, though the consistent 0% reporting points to the former or a strong commitment to minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bronx Independent Living Services Inc's IRS 990 filings:
- No reported officer compensation, which, while positive for efficiency, can sometimes indicate a lack of transparency if compensation is simply reclassified.
Strengths
The following positive indicators were identified for Bronx Independent Living Services Inc:
- Consistent revenue growth over a decade, demonstrating strong financial health and increasing capacity.
- Highly efficient operations with expenses closely matching revenue, indicating effective resource utilization.
- Zero reported officer compensation, suggesting a strong commitment to directing funds towards programmatic activities.
- Positive asset growth, building a stronger financial foundation over time.
Frequently Asked Questions about Bronx Independent Living Services Inc
Is Bronx Independent Living Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bronx Independent Living Services Inc (EIN: 133238733) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Bronx Independent Living Services Inc spend its money?
Bronx Independent Living Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bronx Independent Living Services Inc tax-deductible?
Bronx Independent Living Services Inc is registered as a tax-exempt nonprofit (EIN: 133238733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bronx Independent Living Services Inc's spending goes to programs?
Bronx Independent Living Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bronx Independent Living Services Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Bronx Independent Living Services Inc is above average for NTEE category P8XZ nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bronx Independent Living Services Inc located?
Bronx Independent Living Services Inc is headquartered in Bronx, New York and files with the IRS under EIN 133238733. It is classified under NTEE code P8XZ.
How many years of IRS 990 filings does Bronx Independent Living Services Inc have?
Bronx Independent Living Services Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
How does Bronx Independent Living Services Inc. manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990 form. This practice significantly reduces administrative overhead.
What is the organization's primary source of revenue given its consistent growth?
While the specific sources are not detailed in the provided data, the consistent revenue growth from $677,787 in 2014 to $1,860,678 in 2023 indicates successful fundraising, grant acquisition, or service delivery expansion.
Is the organization's asset growth sufficient for long-term stability?
The organization's assets have grown from $307,102 in 2014 to $738,337 in 2023. While this growth is positive, the asset base relative to annual expenses (e.g., $738,337 assets vs. $1,777,180 expenses in 2023) suggests a lean operational reserve, which is common for service-oriented nonprofits.
Filing History
IRS 990 filing history for Bronx Independent Living Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bronx Independent Living Services Inc's revenue has grown by 185.2%, moving from $652K to $1.9M. Total assets increased by 67.8% over the same period, from $440K to $738K. Total functional expenses rose by 169.2%, from $660K to $1.8M. In its most recent filing year (2023), Bronx Independent Living Services Inc reported a surplus of $83K, with revenue exceeding expenses. The organization holds $281K in liabilities against $738K in assets (debt-to-asset ratio: 38.1%), resulting in net assets of $457K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $738K | $281K | — | — |
| 2022 | $1.8M | $1.8M | $603K | $229K | — | — |
| 2021 | $1.8M | $1.7M | $577K | $247K | — | View 990 |
| 2020 | $1.5M | $1.5M | $630K | $367K | — | — |
| 2019 | $1.3M | $1.4M | $422K | $147K | — | View 990 |
| 2018 | $1.2M | $1.2M | $351K | $37K | — | View 990 |
| 2017 | $1.1M | $1.1M | $546K | $153K | — | View 990 |
| 2016 | $982K | $957K | $554K | $173K | — | View 990 |
| 2015 | $789K | $722K | $393K | $36K | — | View 990 |
| 2014 | $678K | $698K | $307K | $18K | — | View 990 |
| 2013 | $721K | $701K | $457K | $148K | — | View 990 |
| 2012 | $722K | $711K | $338K | $48K | — | View 990 |
| 2011 | $652K | $660K | $440K | $162K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $738K (revenue +1.7% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $603K (revenue +4.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.7M, and assets of $577K (revenue +16.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $630K (revenue +13.2% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $422K (revenue +16.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $351K (revenue +4.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $546K (revenue +12.0% year-over-year).
- 2016: Revenue of $982K, expenses of $957K, and assets of $554K (revenue +24.4% year-over-year).
- 2015: Revenue of $789K, expenses of $722K, and assets of $393K (revenue +16.4% year-over-year).
- 2014: Revenue of $678K, expenses of $698K, and assets of $307K (revenue -6.0% year-over-year).
- 2013: Revenue of $721K, expenses of $701K, and assets of $457K (revenue -0.2% year-over-year).
- 2012: Revenue of $722K, expenses of $711K, and assets of $338K (revenue +10.7% year-over-year).
- 2011: Revenue of $652K, expenses of $660K, and assets of $440K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bronx Independent Living Services Inc:
Data Sources and Methodology
This transparency report for Bronx Independent Living Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.