Bronzeville Academy Charter Sc
Bronzeville Academy Charter Sc shows consistent revenue growth and no reported executive compensation.
EIN: 202173013 · Chicago, IL · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $6.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $785K |
| Transparency Score | 92/100 |
Is Bronzeville Academy Charter Sc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bronzeville Academy Charter Sc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bronzeville Academy Charter Sc
Bronzeville Academy Charter Sc (EIN: 202173013) is a nonprofit organization based in Chicago, IL, classified under NTEE code B29. The organization reported total revenue of $7.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bronzeville Academy Charter Sc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bronzeville Academy Charter Sc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$258K |
| Total Assets | $1.2M |
| Total Liabilities | $420K |
| Net Assets | $785K |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 34.9% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, Bronzeville Academy Charter Sc reported a surplus of $258K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 34.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Bronzeville Academy Charter Sc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +5.1% | +31.3% |
| 2022 | -2.6% | +15.1% | -23.7% |
| 2021 | +41.3% | +31.0% | +114.0% |
| 2020 | +34.4% | +12.1% | -53.7% |
| 2019 | +20.4% | +25.2% | -29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Bronzeville Academy Charter Sc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Bronzeville Academy Charter Sc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $258K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with over $7 million in annual revenue.
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 Bronzeville Academy Charter Sc's IRS 990 filings:
- Periods of deficit spending (e.g., 202206 with expenses exceeding revenue by $258,100)
- Unusually consistent 0% officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Bronzeville Academy Charter Sc:
- Consistent revenue growth, from $2.85M in 201706 to $7.2M in 202306.
- Strong financial health with positive net assets ($1,205,125 assets vs. $420,221 liabilities in 202306).
- Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Overall positive financial trend with recent surpluses (e.g., $257,672 surplus in 202306).
Frequently Asked Questions about Bronzeville Academy Charter Sc
Is Bronzeville Academy Charter Sc a legitimate charity?
Bronzeville Academy Charter Sc (EIN: 202173013) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $7.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Bronzeville Academy Charter Sc spend its money?
Bronzeville Academy Charter Sc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Bronzeville Academy Charter Sc tax-deductible?
Bronzeville Academy Charter Sc is registered as a tax-exempt nonprofit (EIN: 202173013). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bronzeville Academy Charter Sc CEO make?
Bronzeville Academy Charter Sc's highest-compensated officer earns $7 annually. The organization reported $7.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bronzeville Academy Charter Sc's spending goes to programs?
Bronzeville Academy Charter Sc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bronzeville Academy Charter Sc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Bronzeville Academy Charter Sc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bronzeville Academy Charter Sc located?
Bronzeville Academy Charter Sc is headquartered in Chicago, Illinois and files with the IRS under EIN 202173013. It is classified under NTEE code B29.
How many years of IRS 990 filings does Bronzeville Academy Charter Sc have?
Bronzeville Academy Charter Sc has 12 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 $7.2M in total revenue.
Is Bronzeville Academy Charter Sc a good charity?
Based on the available financial data, Bronzeville Academy Charter Sc appears to be a well-managed organization with strong financial health, consistent revenue growth, and a notable commitment to directing funds towards its mission by reporting 0% executive compensation. This suggests a high degree of efficiency and program focus.
How has Bronzeville Academy Charter Sc's revenue trended over time?
Bronzeville Academy Charter Sc has shown significant revenue growth, increasing from $2,851,200 in 201706 to $7,201,876 in 202306, indicating a strong and expanding financial base.
What is the organization's asset-to-liability ratio?
In 202306, Bronzeville Academy Charter Sc had assets of $1,205,125 and liabilities of $420,221, resulting in an asset-to-liability ratio of approximately 2.87:1, which indicates a healthy financial position.
Filing History
IRS 990 filing history for Bronzeville Academy Charter Sc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Bronzeville Academy Charter Sc's revenue has grown by 103.4%, moving from $3.5M to $7.2M. Total assets increased by 10.7% over the same period, from $1.1M to $1.2M. Total functional expenses rose by 96.9%, from $3.5M to $6.9M. In its most recent filing year (2023), Bronzeville Academy Charter Sc reported a surplus of $258K, with revenue exceeding expenses. The organization holds $420K in liabilities against $1.2M in assets (debt-to-asset ratio: 34.9%), resulting in net assets of $785K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $6.9M | $1.2M | $420K | — | View 990 |
| 2022 | $6.4M | $6.6M | $918K | $373K | — | View 990 |
| 2021 | $6.5M | $5.7M | $1.2M | $381K | — | View 990 |
| 2020 | $4.6M | $4.4M | $562K | $541K | — | View 990 |
| 2019 | $3.4M | $3.9M | $1.2M | $438K | — | View 990 |
| 2017 | $2.9M | $3.1M | $1.7M | $622K | — | — |
| 2016 | $4.6M | $4.5M | $1.7M | $292K | — | View 990 |
| 2015 | $4.3M | $4.2M | $1.4M | $197K | — | View 990 |
| 2014 | $4.2M | $4.1M | $1.3M | $190K | — | View 990 |
| 2013 | $4.0M | $3.9M | $1.2M | $216K | — | View 990 |
| 2012 | $3.5M | $3.4M | $1.1M | $145K | — | View 990 |
| 2011 | $3.5M | $3.5M | $1.1M | $259K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $6.9M, and assets of $1.2M (revenue +13.4% year-over-year).
- 2022: Revenue of $6.4M, expenses of $6.6M, and assets of $918K (revenue -2.6% year-over-year).
- 2021: Revenue of $6.5M, expenses of $5.7M, and assets of $1.2M (revenue +41.3% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.4M, and assets of $562K (revenue +34.4% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.9M, and assets of $1.2M (revenue +20.4% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.1M, and assets of $1.7M (revenue -38.5% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.5M, and assets of $1.7M (revenue +7.1% year-over-year).
- 2015: Revenue of $4.3M, expenses of $4.2M, and assets of $1.4M (revenue +3.5% year-over-year).
- 2014: Revenue of $4.2M, expenses of $4.1M, and assets of $1.3M (revenue +5.3% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.9M, and assets of $1.2M (revenue +13.3% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $1.1M (revenue -0.9% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.5M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bronzeville Academy Charter Sc:
Data Sources and Methodology
This transparency report for Bronzeville Academy Charter Sc 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.