South Bronx Head Start Program Board
South Bronx Head Start Program Board consistently operates at break-even with no reported officer compensation.
EIN: 132661989 · Bronx, NY · NTEE: S41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $0 |
| Transparency Score | 85/100 |
Is South Bronx Head Start Program Board Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Bronx Head Start Program Board directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Bronx Head Start Program Board
South Bronx Head Start Program Board (EIN: 132661989) is a nonprofit organization based in Bronx, NY, classified under NTEE code S41Z. The organization reported total revenue of $2.9M and total assets of $981K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Bronx Head Start Program Board's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Bronx Head Start Program Board is a mid-size nonprofit that has been operating for 32 years, with 9 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$0 |
| Total Assets | $981K |
| Total Liabilities | $981K |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 4.0 months |
Financial Health Grade: B
In 2018, South Bronx Head Start Program Board reported a surplus of $0 with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 9 years of filings (2011–2018), South Bronx Head Start Program Board's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +0.4% | +0.4% | -16.6% |
| 2017 | +4.6% | +4.6% | -0.5% |
| 2016 | -3.1% | -3.1% | -15.5% |
| 2015 | +13.2% | +13.2% | +2.4% |
| 2014 | +17.7% | +19.2% | +88.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Head Start Program Board 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, South Bronx Head Start Program Board allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with annual revenues approaching $3 million. This suggests that leadership may be volunteer-based, compensated through a related entity, or that compensation is not categorized as 'officer compensation' on the 990, warranting further inquiry.
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 Head Start Program Board's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, potentially obscuring actual leadership compensation.
- Assets consistently equal liabilities, which could indicate a lack of unrestricted reserves or a heavy reliance on pass-through funding with minimal organizational equity.
Strengths
The following positive indicators were identified for South Bronx Head Start Program Board:
- Consistent break-even operations, indicating sound financial management in matching expenses to available revenue (e.g., $2,936,810 revenue and expenses in 2018).
- Clear mission alignment with NTEE code S41Z (Head Start Programs), focusing on early childhood education.
- Stable revenue stream over several years, generally maintaining around $2.5M - $2.9M annually.
Frequently Asked Questions about South Bronx Head Start Program Board
Is South Bronx Head Start Program Board a legitimate charity?
Based on AI analysis of IRS 990 filings, South Bronx Head Start Program Board (EIN: 132661989) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does South Bronx Head Start Program Board spend its money?
South Bronx Head Start Program Board directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Bronx Head Start Program Board tax-deductible?
South Bronx Head Start Program Board is registered as a tax-exempt nonprofit (EIN: 132661989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the South Bronx Head Start Program Board CEO make?
South Bronx Head Start Program Board's highest-compensated officer earns $3 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of South Bronx Head Start Program Board's spending goes to programs?
South Bronx Head Start Program Board directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South Bronx Head Start Program Board compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), South Bronx Head Start Program Board is above average for NTEE category S41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Bronx Head Start Program Board located?
South Bronx Head Start Program Board is headquartered in Bronx, New York and files with the IRS under EIN 132661989. It is classified under NTEE code S41Z.
How many years of IRS 990 filings does South Bronx Head Start Program Board have?
South Bronx Head Start Program Board has 9 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 $2.9M in total revenue.
How is the organization's leadership compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings (e.g., 201806, 201706) suggests that executive leadership may be unpaid, compensated by a related entity, or that their compensation is categorized differently on the 990, which requires further investigation beyond the provided summary data.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses beyond total expenses matching total revenue (e.g., $2,936,810 in 2018). Without this detail, it's challenging to precisely determine the efficiency of spending across different categories.
Why do assets consistently equal liabilities across all reporting periods?
The consistent matching of assets and liabilities (e.g., $980,665 in assets and liabilities in 2018) suggests that the organization may primarily operate on a grant-funded model where funds are restricted and quickly expended, or that it has minimal unrestricted net assets.
What is the source of the organization's revenue?
While the total revenue is provided (e.g., $2,936,810 in 2018), the specific sources (e.g., government grants, contributions, program service fees) are not detailed in the provided summary, which would offer greater insight into its funding stability.
Filing History
IRS 990 filing history for South Bronx Head Start Program Board showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2018), South Bronx Head Start Program Board's revenue has grown by 12.6%, moving from $2.6M to $2.9M. Total assets increased by 212.7% over the same period, from $314K to $981K. Total functional expenses rose by 12.6%, from $2.6M to $2.9M. In its most recent filing year (2018), South Bronx Head Start Program Board reported a surplus of $0, with revenue exceeding expenses. The organization holds $981K in liabilities against $981K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $2.9M | $2.9M | $981K | $981K | — | View 990 |
| 2017 | $2.9M | $2.9M | $1.2M | $1.2M | — | — |
| 2016 | $2.8M | $2.8M | $1.2M | $1.2M | — | View 990 |
| 2015 | $2.9M | $2.9M | $1.4M | $1.4M | — | View 990 |
| 2014 | $2.5M | $2.5M | $1.4M | $1.4M | — | View 990 |
| 2013 | $2.2M | $2.1M | $726K | $726K | — | View 990 |
| 2012 | $2.7M | $2.7M | $300K | $300K | — | View 990 |
| 2011 | $1.3M | $1.3M | $567K | $567K | — | View 990 |
| 2011 | $2.6M | $2.6M | $314K | $314K | — | — |
Year-by-Year Financial Summary
- 2018: Revenue of $2.9M, expenses of $2.9M, and assets of $981K (revenue +0.4% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.9M, and assets of $1.2M (revenue +4.6% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.8M, and assets of $1.2M (revenue -3.1% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $1.4M (revenue +13.2% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $1.4M (revenue +17.7% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.1M, and assets of $726K (revenue -20.1% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $300K (revenue +110.6% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $567K (revenue -50.7% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.6M, and assets of $314K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Bronx Head Start Program Board:
Data Sources and Methodology
This transparency report for South Bronx Head Start Program Board 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.