South Bronx Charter School For International Cultures And The Art
South Bronx Charter School consistently grows revenue and assets with no reported officer compensation.
EIN: 202957113 · Bronx, NY · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.8M |
| Total Expenses | $10.0M |
| Program Spending | 85% |
| Net Assets | $9.1M |
| Transparency Score | 85/100 |
Is South Bronx Charter School For International Cultures And The Art Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Bronx Charter School For International Cultures And The Art directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Bronx Charter School For International Cultures And The Art
South Bronx Charter School For International Cultures And The Art (EIN: 202957113) is a nonprofit organization based in Bronx, NY, classified under NTEE code B29. The organization reported total revenue of $11.8M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Bronx Charter School For International Cultures And The Art's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Bronx Charter School For International Cultures And The Art 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 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $10.0M |
| Surplus / Deficit | +$330K |
| Total Assets | $29.4M |
| Total Liabilities | $20.3M |
| Net Assets | $9.1M |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 69.1% |
| Months of Reserves | 35.3 months |
Financial Health Grade: A
In 2023, South Bronx Charter School For International Cultures And The Art reported a surplus of $330K with revenue exceeding expenses, holds 35.3 months of operating reserves (strong position), has a debt-to-asset ratio of 69.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), South Bronx Charter School For International Cultures And The Art's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +19.4% | +1.9% |
| 2022 | -6.3% | +13.9% | -1.6% |
| 2021 | +8.5% | +4.3% | +1.8% |
| 2020 | +5.2% | -3.9% | +5.5% |
| 2019 | +11.4% | +10.8% | +0.6% |
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 South Bronx Charter School For International Cultures And The Art 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, South Bronx Charter School For International Cultures And The Art allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $330K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through non-officer roles, or that the organization prioritizes direct program spending over high executive salaries, which is a positive sign for resource allocation.
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 South Bronx Charter School For International Cultures And The Art's IRS 990 filings:
- High proportion of liabilities relative to assets, suggesting significant debt burden.
Strengths
The following positive indicators were identified for South Bronx Charter School For International Cultures And The Art:
- Consistent revenue growth over the past decade, from $5.67M in 2014 to $10.31M in 2023.
- Consistent operational surpluses, with revenue exceeding expenses in all reported periods (e.g., $10.31M revenue vs. $9.98M expenses in 2023).
- No reported officer compensation across all 13 filings, indicating efficient use of funds for mission.
- Significant asset base, reaching $29.41M in 2023, suggesting substantial investment in its educational mission.
Frequently Asked Questions about South Bronx Charter School For International Cultures And The Art
Is South Bronx Charter School For International Cultures And The Art a legitimate charity?
South Bronx Charter School For International Cultures And The Art (EIN: 202957113) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does South Bronx Charter School For International Cultures And The Art spend its money?
South Bronx Charter School For International Cultures And The Art directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to South Bronx Charter School For International Cultures And The Art tax-deductible?
South Bronx Charter School For International Cultures And The Art is registered as a tax-exempt nonprofit (EIN: 202957113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of South Bronx Charter School For International Cultures And The Art's spending goes to programs?
South Bronx Charter School For International Cultures And The Art directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South Bronx Charter School For International Cultures And The Art compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), South Bronx Charter School For International Cultures And The Art 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 South Bronx Charter School For International Cultures And The Art located?
South Bronx Charter School For International Cultures And The Art is headquartered in Bronx, New York and files with the IRS under EIN 202957113. It is classified under NTEE code B29.
How many years of IRS 990 filings does South Bronx Charter School For International Cultures And The Art have?
South Bronx Charter School For International Cultures And The Art has 13 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 $11.8M in total revenue.
Is South Bronx Charter School For International Cultures And The Art a good charity?
Based on the provided financial data, the organization demonstrates strong financial health with consistent revenue growth, operational surpluses, and no reported officer compensation, suggesting efficient use of funds. Its mission score of 85 reflects a strong program focus and financial stability.
How has the organization's revenue grown over time?
The organization has shown significant revenue growth, increasing from $5,673,722 in 2014 to $10,314,228 in 2023, indicating a strong and expanding financial base.
What is the trend in the organization's assets and liabilities?
Assets have generally increased, reaching $29,406,963 in 2023, while liabilities have also remained substantial, at $20,321,440 in the same period. This suggests significant investment in infrastructure, likely financed through debt.
Does the organization pay its officers?
According to the IRS 990 filings provided, the organization consistently reports 0% officer compensation across all periods, indicating that officers are not compensated through traditional means reported on these forms.
Filing History
IRS 990 filing history for South Bronx Charter School For International Cultures And The Art showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), South Bronx Charter School For International Cultures And The Art's revenue has grown by 72.9%, moving from $6.0M to $10.3M. Total assets increased by 710.2% over the same period, from $3.6M to $29.4M. Total functional expenses rose by 105%, from $4.9M to $10.0M. In its most recent filing year (2023), South Bronx Charter School For International Cultures And The Art reported a surplus of $330K, with revenue exceeding expenses. The organization holds $20.3M in liabilities against $29.4M in assets (debt-to-asset ratio: 69.1%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.3M | $10.0M | $29.4M | $20.3M | — | — |
| 2022 | $8.4M | $8.4M | $28.9M | $20.1M | — | View 990 |
| 2021 | $9.0M | $7.3M | $29.3M | $20.6M | — | View 990 |
| 2020 | $8.3M | $7.0M | $28.8M | $21.7M | — | View 990 |
| 2019 | $7.8M | $7.3M | $27.3M | $21.4M | — | View 990 |
| 2018 | $7.0M | $6.6M | $27.1M | $21.7M | — | View 990 |
| 2017 | $6.6M | $6.4M | $27.2M | $22.3M | — | View 990 |
| 2016 | $6.7M | $6.5M | $27.3M | $22.5M | — | View 990 |
| 2015 | $6.6M | $6.5M | $27.5M | $22.9M | — | View 990 |
| 2014 | $5.7M | $4.2M | $29.7M | $25.2M | — | View 990 |
| 2013 | $6.4M | $5.5M | $27.0M | $24.0M | — | View 990 |
| 2012 | $6.2M | $4.8M | $4.6M | $2.5M | — | View 990 |
| 2011 | $6.0M | $4.9M | $3.6M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.3M, expenses of $10.0M, and assets of $29.4M (revenue +22.9% year-over-year).
- 2022: Revenue of $8.4M, expenses of $8.4M, and assets of $28.9M (revenue -6.3% year-over-year).
- 2021: Revenue of $9.0M, expenses of $7.3M, and assets of $29.3M (revenue +8.5% year-over-year).
- 2020: Revenue of $8.3M, expenses of $7.0M, and assets of $28.8M (revenue +5.2% year-over-year).
- 2019: Revenue of $7.8M, expenses of $7.3M, and assets of $27.3M (revenue +11.4% year-over-year).
- 2018: Revenue of $7.0M, expenses of $6.6M, and assets of $27.1M (revenue +7.0% year-over-year).
- 2017: Revenue of $6.6M, expenses of $6.4M, and assets of $27.2M (revenue -2.5% year-over-year).
- 2016: Revenue of $6.7M, expenses of $6.5M, and assets of $27.3M (revenue +1.4% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.5M, and assets of $27.5M (revenue +17.2% year-over-year).
- 2014: Revenue of $5.7M, expenses of $4.2M, and assets of $29.7M (revenue -11.1% year-over-year).
- 2013: Revenue of $6.4M, expenses of $5.5M, and assets of $27.0M (revenue +2.4% year-over-year).
- 2012: Revenue of $6.2M, expenses of $4.8M, and assets of $4.6M (revenue +4.6% year-over-year).
- 2011: Revenue of $6.0M, expenses of $4.9M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Bronx Charter School For International Cultures And The Art:
Data Sources and Methodology
This transparency report for South Bronx Charter School For International Cultures And The Art 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.