Lsny Bronx Corporation

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Lsny Bronx Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Lsny Bronx Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Lsny Bronx Corporation in one place.

Is Lsny Bronx Corporation Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Lsny Bronx Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Lsny Bronx Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lsny Bronx Corporation

Lsny Bronx Corporation (EIN: 161759590) is a nonprofit organization based in New York City, NY, classified under NTEE code B990. The organization reported total revenue of $31.3M and total assets of $10.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lsny Bronx Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Lsny Bronx Corporation is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Lsny Bronx Corporation reported a surplus of $160K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 61.6% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Lsny Bronx Corporation's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.

IRS Tax-Exempt Classification

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 Lsny Bronx Corporation 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, Lsny Bronx Corporation 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 $160K, with revenue exceeding expenses.
• Debt-to-asset ratio: 61.6%.

Executive Compensation Analysis

Lsny Bronx Corporation consistently reports 0% officer compensation across all available filings, indicating that no direct compensation is paid to officers or that it is reported under other expense categories. This practice, if it means officers are uncompensated, is highly unusual for an organization with annual expenses exceeding $27 million, and suggests a strong commitment to directing funds to programs.

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 Lsny Bronx Corporation's IRS 990 filings:

• Lack of clarity on how executive leadership is compensated, given 0% reported officer compensation for an organization of this size.

Strengths

The following positive indicators were identified for Lsny Bronx Corporation:

• Consistent revenue growth, from $6.9M in 2014 to $27.5M in 2023.
• Remarkable 0% reported officer compensation across all filings, indicating high dedication to mission.
• Healthy asset growth, reaching $11.9M in 2023, providing financial stability.
• Expenses closely track revenue, suggesting efficient use of funds for program delivery.

Frequently Asked Questions about Lsny Bronx Corporation

Filing History

IRS 990 filing history for Lsny Bronx Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Lsny Bronx Corporation's revenue has grown by 282.2%, moving from $7.2M to $27.6M. Total assets increased by 171.1% over the same period, from $4.4M to $11.9M. Total functional expenses rose by 249%, from $7.9M to $27.4M. In its most recent filing year (2023), Lsny Bronx Corporation reported a surplus of $160K, with revenue exceeding expenses. The organization holds $7.3M in liabilities against $11.9M in assets (debt-to-asset ratio: 61.6%), resulting in net assets of $4.6M.

Year-by-Year Financial Summary

• 2023: Revenue of $27.6M, expenses of $27.4M, and assets of $11.9M (revenue +11.7% year-over-year).
• 2022: Revenue of $24.7M, expenses of $24.8M, and assets of $11.8M (revenue +0.5% year-over-year).
• 2021: Revenue of $24.6M, expenses of $24.6M, and assets of $9.3M (revenue +7.0% year-over-year).
• 2020: Revenue of $23.0M, expenses of $23.2M, and assets of $7.6M (revenue +8.9% year-over-year).
• 2019: Revenue of $21.1M, expenses of $20.8M, and assets of $8.1M (revenue +14.7% year-over-year).
• 2018: Revenue of $18.4M, expenses of $17.5M, and assets of $7.4M (revenue +28.3% year-over-year).
• 2017: Revenue of $14.3M, expenses of $14.1M, and assets of $4.5M (revenue +13.5% year-over-year).
• 2016: Revenue of $12.6M, expenses of $11.9M, and assets of $5.2M (revenue +13.0% year-over-year).
• 2015: Revenue of $11.2M, expenses of $10.4M, and assets of $5.5M (revenue +61.3% year-over-year).
• 2014: Revenue of $6.9M, expenses of $8.2M, and assets of $3.9M (revenue -10.9% year-over-year).
• 2013: Revenue of $7.8M, expenses of $7.9M, and assets of $5.0M (revenue +5.2% year-over-year).
• 2012: Revenue of $7.4M, expenses of $8.3M, and assets of $3.6M (revenue +2.5% year-over-year).
• 2011: Revenue of $7.2M, expenses of $7.9M, and assets of $4.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Lsny Bronx Corporation:

Data Sources and Methodology

This transparency report for Lsny Bronx Corporation 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.