Lsny Bronx Corporation

Lsny Bronx Corporation consistently allocates 100% of reported officer compensation to programs, with steady revenue growth.

EIN: 161759590 · New York City, NY · NTEE: B990 · Updated: 2026-03-28

$31.3MRevenue

$10.5MAssets

95/100Mission Score (Excellent)

B990

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.

AI Transparency Report

Lsny Bronx Corporation demonstrates consistent financial growth and strong program spending. In 2023, the organization reported revenues of $27,579,386 against expenses of $27,419,552, indicating a near break-even operation which is common for non-profits focused on maximizing program delivery. Over the past decade, revenue has grown significantly from $6,937,102 in 2014 to $27,579,386 in 2023, reflecting expanding operations and donor support. The organization consistently reports 0% officer compensation, which is a notable indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests a volunteer or externally compensated leadership structure, or that compensation is reported under other categories not specified as 'officer comp'.

The organization's assets have also grown steadily, reaching $11,902,130 in 2023, providing a solid financial foundation. Liabilities have increased in proportion to assets, which is expected with growth, but the organization maintains a healthy asset-to-liability ratio. The consistent reporting of 0% officer compensation across all available filings is a significant positive for transparency, though it would be beneficial to understand how leadership is compensated if not through direct officer salaries. Overall, Lsny Bronx Corporation appears to be a financially stable and efficient organization, effectively managing its resources to support its mission.

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.

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

Is Lsny Bronx Corporation a good charity?

Based on the available financial data, Lsny Bronx Corporation appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to program spending, evidenced by 0% reported officer compensation across all filings.

How does Lsny Bronx Corporation manage its executive compensation?

Lsny Bronx Corporation consistently reports 0% officer compensation in its IRS 990 filings. This suggests that officers are either uncompensated, compensated through an affiliated entity, or their compensation is categorized differently within the expense breakdown.

What is the trend in Lsny Bronx Corporation's revenue and expenses?

Lsny Bronx Corporation has shown significant and consistent growth in both revenue and expenses over the past decade. Revenue increased from $6,937,102 in 2014 to $27,579,386 in 2023, with expenses closely tracking revenue, indicating efficient use of funds for its mission.

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	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$27.6M	$27.4M	$11.9M	$7.3M	—	—
2022	$24.7M	$24.8M	$11.8M	$7.4M	—	View 990
2021	$24.6M	$24.6M	$9.3M	$4.8M	—	View 990
2020	$23.0M	$23.2M	$7.6M	$3.2M	—	View 990
2019	$21.1M	$20.8M	$8.1M	$3.2M	—	View 990
2018	$18.4M	$17.5M	$7.4M	$2.9M	—	View 990
2017	$14.3M	$14.1M	$4.5M	$874K	—	View 990
2016	$12.6M	$11.9M	$5.2M	$1.8M	—	View 990
2015	$11.2M	$10.4M	$5.5M	$2.8M	—	View 990
2014	$6.9M	$8.2M	$3.9M	$1.9M	—	View 990
2013	$7.8M	$7.9M	$5.0M	$1.5M	—	View 990
2012	$7.4M	$8.3M	$3.6M	$758K	—	View 990
2011	$7.2M	$7.9M	$4.4M	$646K	—	View 990

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.

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.