Fordham Bedford Community Services Inc
Fordham Bedford Community Services Inc shows consistent revenue growth and zero reported officer compensation over a decade.
EIN: 133805049 · Bronx, NY · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $6.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $2.6M |
| Transparency Score | 95/100 |
Is Fordham Bedford Community Services Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fordham Bedford Community Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fordham Bedford Community Services Inc
Fordham Bedford Community Services Inc (EIN: 133805049) is a nonprofit organization based in Bronx, NY, classified under NTEE code P30. The organization reported total revenue of $7.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fordham Bedford Community Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fordham Bedford Community Services Inc is a mid-size nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$872K |
| Total Assets | $4.9M |
| Total Liabilities | $2.3M |
| Net Assets | $2.6M |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 47.0% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Fordham Bedford Community Services Inc reported a surplus of $872K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 47.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Fordham Bedford Community Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.2% | +13.2% | +42.8% |
| 2022 | +30.7% | +38.8% | +26.8% |
| 2021 | +34.9% | +24.8% | +10.4% |
| 2020 | +4.1% | +6.0% | +102.4% |
| 2019 | +4.5% | +0.1% | -17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Fordham Bedford Community Services Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Fordham Bedford Community Services Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $872K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with annual revenues approaching $8 million and suggests either a fully volunteer leadership or compensation is covered by another entity, which enhances the perception of funds being directed to mission.
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.
Strengths
The following positive indicators were identified for Fordham Bedford Community Services Inc:
- Consistent revenue growth, from $2.9M in 2014 to $7.7M in 2023.
- Zero reported officer compensation across all 14 filings, indicating high program focus.
- Consistent operating surpluses, demonstrating sound financial management (e.g., $871,611 surplus in 2023).
- Significant asset growth, from $1.3M in 2014 to $4.9M in 2023, enhancing long-term stability.
- Regular and transparent IRS 990 filing history over a decade.
Frequently Asked Questions about Fordham Bedford Community Services Inc
Is Fordham Bedford Community Services Inc a legitimate charity?
Fordham Bedford Community Services Inc (EIN: 133805049) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $7.8M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Fordham Bedford Community Services Inc spend its money?
Fordham Bedford Community Services Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Fordham Bedford Community Services Inc tax-deductible?
Fordham Bedford Community Services Inc is registered as a tax-exempt nonprofit (EIN: 133805049). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fordham Bedford Community Services Inc CEO make?
Fordham Bedford Community Services Inc's highest-compensated officer earns $8 annually. The organization reported $7.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Fordham Bedford Community Services Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Fordham Bedford Community Services Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fordham Bedford Community Services Inc located?
Fordham Bedford Community Services Inc is headquartered in Bronx, New York and files with the IRS under EIN 133805049. It is classified under NTEE code P30.
How many years of IRS 990 filings does Fordham Bedford Community Services Inc have?
Fordham Bedford Community Services Inc has 14 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 $7.8M in total revenue.
Is Fordham Bedford Community Services Inc a good charity?
Based on the provided IRS 990 data, Fordham Bedford Community Services Inc appears to be a very good charity. It demonstrates strong financial growth, consistent surpluses, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation for over a decade.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with revenue growing from $2,949,701 in 2014 to $7,756,617 in 2023, and assets increasing from $1,383,807 to $4,919,068 over the same period. This indicates robust growth and increasing financial stability.
What is the organization's spending efficiency?
Fordham Bedford Community Services Inc exhibits high spending efficiency. In 2023, expenses were $6,885,006 against revenues of $7,756,617, resulting in a healthy surplus. The reported 0% officer compensation further suggests that a very high proportion of funds are allocated to programmatic activities.
Are there any concerns regarding executive compensation?
No, there are no concerns regarding executive compensation. The organization consistently reports 0% officer compensation, which is an exceptional level of financial prudence and transparency for a nonprofit of its size.
Filing History
IRS 990 filing history for Fordham Bedford Community Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Fordham Bedford Community Services Inc's revenue has grown by 672.5%, moving from $1.0M to $7.8M. Total assets increased by 1217.7% over the same period, from $373K to $4.9M. Total functional expenses rose by 591.8%, from $995K to $6.9M. In its most recent filing year (2023), Fordham Bedford Community Services Inc reported a surplus of $872K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $4.9M in assets (debt-to-asset ratio: 47.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $6.9M | $4.9M | $2.3M | — | — |
| 2022 | $6.3M | $6.1M | $3.4M | $1.7M | — | — |
| 2021 | $4.8M | $4.4M | $2.7M | $1.2M | — | View 990 |
| 2020 | $3.6M | $3.5M | $2.5M | $1.4M | — | — |
| 2019 | $3.4M | $3.3M | $1.2M | $189K | — | View 990 |
| 2018 | $3.3M | $3.3M | $1.5M | $558K | — | View 990 |
| 2017 | $2.9M | $3.2M | $1.2M | $257K | — | View 990 |
| 2016 | $3.3M | $3.3M | $1.5M | $350K | — | View 990 |
| 2015 | $3.2M | $3.1M | $1.4M | $231K | — | View 990 |
| 2014 | $2.9M | $2.9M | $1.4M | $236K | — | View 990 |
| 2013 | $2.5M | $2.4M | $1.4M | $246K | — | View 990 |
| 2012 | $1.8M | $1.2M | $1.3M | $320K | — | View 990 |
| 2011 | $988K | $942K | $401K | $30K | — | View 990 |
| 2010 | $1.0M | $995K | $373K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $6.9M, and assets of $4.9M (revenue +23.2% year-over-year).
- 2022: Revenue of $6.3M, expenses of $6.1M, and assets of $3.4M (revenue +30.7% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.4M, and assets of $2.7M (revenue +34.9% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.5M, and assets of $2.5M (revenue +4.1% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.3M, and assets of $1.2M (revenue +4.5% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.3M, and assets of $1.5M (revenue +11.7% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.2M, and assets of $1.2M (revenue -9.9% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.3M, and assets of $1.5M (revenue +3.1% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.1M, and assets of $1.4M (revenue +7.3% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.9M, and assets of $1.4M (revenue +20.2% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.4M, and assets of $1.4M (revenue +35.5% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.2M, and assets of $1.3M (revenue +83.3% year-over-year).
- 2011: Revenue of $988K, expenses of $942K, and assets of $401K (revenue -1.6% year-over-year).
- 2010: Revenue of $1.0M, expenses of $995K, and assets of $373K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fordham Bedford Community Services Inc:
Data Sources and Methodology
This transparency report for Fordham Bedford Community 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.