Bronx Rhio Inc
Bronx Rhio Inc. consistently maintains financial stability with growing assets and no reported officer compensation.
EIN: 205721976 · Bronx, NY · NTEE: W050 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $8.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8.3M |
| Net Assets | $12.5M |
| Transparency Score | 85/100 |
Is Bronx Rhio Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bronx Rhio Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bronx Rhio Inc
Bronx Rhio Inc (EIN: 205721976) is a nonprofit organization based in Bronx, NY, classified under NTEE code W050. The organization reported total revenue of $8.7M and total assets of $14.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bronx Rhio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bronx Rhio Inc is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.3M |
| Total Expenses | $8.1M |
| Surplus / Deficit | +$228K |
| Total Assets | $14.0M |
| Total Liabilities | $1.5M |
| Net Assets | $12.5M |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 20.7 months |
Financial Health Grade: A
In 2023, Bronx Rhio Inc reported a surplus of $228K with revenue exceeding expenses, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bronx Rhio Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +15.5% | +6.8% |
| 2022 | -9.1% | -6.9% | -2.2% |
| 2021 | -7.0% | +2.3% | +4.0% |
| 2020 | +4.4% | +1.7% | +5.0% |
| 2019 | -31.8% | -4.4% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Rhio Inc with a Mission Score of 85 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 Rhio 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 $228K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
Executive compensation is not reported as 'Officer Comp' in any of the available filings, indicating either unpaid leadership or compensation structured in a way not captured under this specific 990 line item, which is unusual for an organization of this size ($8.3M revenue, $14M assets).
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 Rhio Inc's IRS 990 filings:
- Lack of detailed executive compensation reporting on 990s (0% officer comp for an organization of this size)
Strengths
The following positive indicators were identified for Bronx Rhio Inc:
- 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
Frequently Asked Questions about Bronx Rhio Inc
Is Bronx Rhio Inc a legitimate charity?
Bronx Rhio Inc (EIN: 205721976) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Bronx Rhio Inc spend its money?
Bronx Rhio Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bronx Rhio Inc tax-deductible?
Bronx Rhio Inc is registered as a tax-exempt nonprofit (EIN: 205721976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bronx Rhio Inc CEO make?
Bronx Rhio Inc's highest-compensated officer earns $8.3M annually. The organization reported $8.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bronx Rhio Inc's spending goes to programs?
Bronx Rhio Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bronx Rhio Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bronx Rhio Inc is above average for NTEE category W050 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bronx Rhio Inc located?
Bronx Rhio Inc is headquartered in Bronx, New York and files with the IRS under EIN 205721976. It is classified under NTEE code W050.
How many years of IRS 990 filings does Bronx Rhio Inc have?
Bronx Rhio 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 $8.7M in total revenue.
Is Bronx Rhio Inc. a good charity?
Based on the available financial data, Bronx Rhio Inc. demonstrates strong financial health, consistent revenue, growing assets, and efficient expense management. The absence of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, though it warrants further investigation into how leadership is compensated or structured.
How does Bronx Rhio Inc. manage its executive compensation?
The IRS 990 filings consistently report 0% for 'Officer Comp' across all available periods. This suggests that executive leadership may be unpaid, compensated through a related entity, or that their compensation is categorized differently within the expense structure, which is not explicitly detailed in the provided summary data.
What is the trend in Bronx Rhio Inc.'s financial stability?
Bronx Rhio Inc. shows a strong trend of financial stability. Revenues have consistently been in the $6M-$12M range, and assets have steadily grown from $5.7M in 2014 to $14M in 2023, while liabilities have remained at manageable levels relative to assets.
Filing History
IRS 990 filing history for Bronx Rhio Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bronx Rhio Inc's revenue has grown by 465.2%, moving from $1.5M to $8.3M. Total assets increased by 181.3% over the same period, from $5.0M to $14.0M. Total functional expenses rose by 516.4%, from $1.3M to $8.1M. In its most recent filing year (2023), Bronx Rhio Inc reported a surplus of $228K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $14.0M in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $8.1M | $14.0M | $1.5M | — | — |
| 2022 | $7.3M | $7.0M | $13.1M | $787K | — | View 990 |
| 2021 | $8.0M | $7.5M | $13.4M | $1.4M | — | View 990 |
| 2020 | $8.6M | $7.4M | $12.9M | $1.4M | — | View 990 |
| 2019 | $8.3M | $7.2M | $12.3M | $2.1M | — | View 990 |
| 2018 | $12.1M | $7.6M | $11.0M | $1.9M | — | View 990 |
| 2017 | $10.3M | $8.8M | $9.0M | $4.4M | — | View 990 |
| 2016 | $6.7M | $6.0M | $7.9M | $4.7M | — | View 990 |
| 2015 | $8.5M | $8.3M | $7.5M | $5.0M | — | View 990 |
| 2014 | $6.7M | $6.0M | $5.7M | $3.4M | — | View 990 |
| 2013 | $4.8M | $4.6M | $5.1M | $3.4M | — | View 990 |
| 2012 | $1.5M | $1.2M | $4.6M | $3.2M | — | View 990 |
| 2011 | $1.5M | $1.3M | $5.0M | $3.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $8.1M, and assets of $14.0M (revenue +13.9% year-over-year).
- 2022: Revenue of $7.3M, expenses of $7.0M, and assets of $13.1M (revenue -9.1% year-over-year).
- 2021: Revenue of $8.0M, expenses of $7.5M, and assets of $13.4M (revenue -7.0% year-over-year).
- 2020: Revenue of $8.6M, expenses of $7.4M, and assets of $12.9M (revenue +4.4% year-over-year).
- 2019: Revenue of $8.3M, expenses of $7.2M, and assets of $12.3M (revenue -31.8% year-over-year).
- 2018: Revenue of $12.1M, expenses of $7.6M, and assets of $11.0M (revenue +18.1% year-over-year).
- 2017: Revenue of $10.3M, expenses of $8.8M, and assets of $9.0M (revenue +54.2% year-over-year).
- 2016: Revenue of $6.7M, expenses of $6.0M, and assets of $7.9M (revenue -21.3% year-over-year).
- 2015: Revenue of $8.5M, expenses of $8.3M, and assets of $7.5M (revenue +27.1% year-over-year).
- 2014: Revenue of $6.7M, expenses of $6.0M, and assets of $5.7M (revenue +39.8% year-over-year).
- 2013: Revenue of $4.8M, expenses of $4.6M, and assets of $5.1M (revenue +226.5% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.2M, and assets of $4.6M (revenue -0.9% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.3M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bronx Rhio Inc:
Data Sources and Methodology
This transparency report for Bronx Rhio 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.