Kingsbridge Heights Community Center Inc
Kingsbridge Heights Community Center Inc consistently operates near break-even with no reported officer compensation.
EIN: 132813809 · Bronx, NY · NTEE: P280 · Updated: 2026-03-28
Is Kingsbridge Heights Community Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kingsbridge Heights Community Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kingsbridge Heights Community Center Inc
Kingsbridge Heights Community Center Inc (EIN: 132813809) is a nonprofit organization based in Bronx, NY, classified under NTEE code P280. The organization reported total revenue of $15.2M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingsbridge Heights Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingsbridge Heights Community Center Inc is a large nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.8M |
| Total Expenses | $14.6M |
| Surplus / Deficit | +$154K |
| Total Assets | $3.4M |
| Total Liabilities | $2.2M |
| Net Assets | $1.2M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 64.7% |
| Months of Reserves | 2.8 months |
Financial Health Grade: B
In 2023, Kingsbridge Heights Community Center Inc reported a surplus of $154K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 64.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kingsbridge Heights Community Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.3% | +21.3% | -2.7% |
| 2022 | +7.4% | +12.4% | +31.9% |
| 2021 | +12.5% | +6.8% | -6.6% |
| 2020 | -0.2% | +4.5% | +36.5% |
| 2019 | +8.0% | +0.1% | +23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Kingsbridge Heights Community Center 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kingsbridge Heights Community Center Inc 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 $154K, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $10 million. This suggests either a volunteer leadership structure or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 Kingsbridge Heights Community Center Inc's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which may obscure actual executive remuneration if reported elsewhere.
- Relatively low asset reserves compared to annual operating budget, potentially limiting resilience to financial shocks.
Strengths
The following positive indicators were identified for Kingsbridge Heights Community Center Inc:
- Consistent revenue growth over the past several years, from $7,988,427 in 201706 to $14,777,592 in 202306.
- High percentage of expenses directly applied to programs, indicating efficient use of funds for its mission.
- Strong operational efficiency, consistently spending nearly all revenue on expenses.
- Positive net assets growth over recent periods, from $1,684,031 in 201806 to $3,406,197 in 202306.
Frequently Asked Questions about Kingsbridge Heights Community Center Inc
Is Kingsbridge Heights Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingsbridge Heights Community Center Inc (EIN: 132813809) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Kingsbridge Heights Community Center Inc spend its money?
Kingsbridge Heights Community Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kingsbridge Heights Community Center Inc tax-deductible?
Kingsbridge Heights Community Center Inc is registered as a tax-exempt nonprofit (EIN: 132813809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kingsbridge Heights Community Center Inc manage to operate with 0% reported officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings for an organization with over $10 million in annual revenue is highly unusual. It suggests either a volunteer-led executive team or that executive compensation is categorized differently within the financial statements, which would require a deeper dive into the detailed IRS Form 990 to understand fully.
What is the organization's strategy for building reserves, given its near break-even operations?
The organization consistently operates with expenses very close to revenue, for example, in 202306, expenses were $14,623,348 against revenues of $14,777,592. This indicates a focus on immediate program delivery rather than significant reserve accumulation. While assets have grown from $1,684,031 in 201806 to $3,406,197 in 202306, they remain modest relative to annual expenses, suggesting a lean operational model.
Is the organization's financial health sustainable with such tight operating margins?
While the organization has shown consistent revenue growth and manages to cover its expenses, the tight operating margins (e.g., $154,244 surplus in 202306) mean there is little buffer for unexpected financial challenges or significant investment in future growth without external funding. Its sustainability relies heavily on consistent revenue streams.
Filing History
IRS 990 filing history for Kingsbridge Heights Community Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kingsbridge Heights Community Center Inc's revenue has grown by 101.6%, moving from $7.3M to $14.8M. Total assets increased by 37.9% over the same period, from $2.5M to $3.4M. Total functional expenses rose by 99.9%, from $7.3M to $14.6M. In its most recent filing year (2023), Kingsbridge Heights Community Center Inc reported a surplus of $154K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $3.4M in assets (debt-to-asset ratio: 64.7%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.8M | $14.6M | $3.4M | $2.2M | — | View 990 |
| 2022 | $12.3M | $12.1M | $3.5M | $2.3M | — | View 990 |
| 2021 | $11.4M | $10.7M | $2.7M | $1.6M | — | View 990 |
| 2020 | $10.2M | $10.0M | $2.8M | $2.5M | — | View 990 |
| 2019 | $10.2M | $9.6M | $2.1M | $1.9M | — | View 990 |
| 2018 | $9.4M | $9.6M | $1.7M | $2.9M | — | View 990 |
| 2017 | $8.0M | $9.0M | $1.8M | $4.3M | — | View 990 |
| 2016 | $9.4M | $10.0M | $1.9M | $1.9M | — | View 990 |
| 2015 | $9.5M | $9.6M | $2.2M | $1.5M | — | View 990 |
| 2014 | $8.8M | $9.0M | $4.1M | $1.5M | — | View 990 |
| 2013 | $9.2M | $7.5M | $4.2M | $1.3M | — | View 990 |
| 2012 | $6.6M | $6.7M | $2.1M | $1.7M | — | View 990 |
| 2011 | $7.3M | $7.3M | $2.5M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.8M, expenses of $14.6M, and assets of $3.4M (revenue +20.3% year-over-year).
- 2022: Revenue of $12.3M, expenses of $12.1M, and assets of $3.5M (revenue +7.4% year-over-year).
- 2021: Revenue of $11.4M, expenses of $10.7M, and assets of $2.7M (revenue +12.5% year-over-year).
- 2020: Revenue of $10.2M, expenses of $10.0M, and assets of $2.8M (revenue -0.2% year-over-year).
- 2019: Revenue of $10.2M, expenses of $9.6M, and assets of $2.1M (revenue +8.0% year-over-year).
- 2018: Revenue of $9.4M, expenses of $9.6M, and assets of $1.7M (revenue +18.1% year-over-year).
- 2017: Revenue of $8.0M, expenses of $9.0M, and assets of $1.8M (revenue -15.1% year-over-year).
- 2016: Revenue of $9.4M, expenses of $10.0M, and assets of $1.9M (revenue -1.0% year-over-year).
- 2015: Revenue of $9.5M, expenses of $9.6M, and assets of $2.2M (revenue +7.9% year-over-year).
- 2014: Revenue of $8.8M, expenses of $9.0M, and assets of $4.1M (revenue -4.8% year-over-year).
- 2013: Revenue of $9.2M, expenses of $7.5M, and assets of $4.2M (revenue +39.5% year-over-year).
- 2012: Revenue of $6.6M, expenses of $6.7M, and assets of $2.1M (revenue -9.6% year-over-year).
- 2011: Revenue of $7.3M, expenses of $7.3M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingsbridge Heights Community Center Inc:
Data Sources and Methodology
This transparency report for Kingsbridge Heights Community Center 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.