Southeast Bronx Neighborhood Centers Inc

Southeast Bronx Neighborhood Centers Inc maintains stable finances with consistent revenue growth and no reported officer compensation.

EIN: 132675560 · Bronx, NY · Updated: 2026-03-28

$15.5MRevenue
$6.3MAssets
80/100Mission Score (Excellent)
Southeast Bronx Neighborhood Centers Inc Financial Summary
MetricValue
Total Revenue$15.5M
Total Expenses$15.9M
Program Spending75%
CEO/Top Officer Pay$15
Net Assets$5.6M
Transparency Score80/100

Is Southeast Bronx Neighborhood Centers Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Southeast Bronx Neighborhood Centers Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Southeast Bronx Neighborhood Centers Inc

Southeast Bronx Neighborhood Centers Inc (EIN: 132675560) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $15.5M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Bronx Neighborhood Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

55Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Southeast Bronx Neighborhood Centers Inc is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$16.1M
Total Expenses$15.9M
Surplus / Deficit+$194K
Total Assets$7.0M
Total Liabilities$1.4M
Net Assets$5.6M
Operating Margin1.2%
Debt-to-Asset Ratio19.6%
Months of Reserves5.3 months

Financial Health Grade: A

In 2023, Southeast Bronx Neighborhood Centers Inc reported a surplus of $194K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 19.6% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Southeast Bronx Neighborhood Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-2.7%+3.4%-3.0%
2022+21.9%+8.0%+20.1%
2021-6.1%-0.1%-21.2%
2020-5.5%-4.2%+14.0%
2019+10.2%+9.7%+2.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1971

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Southeast Bronx Neighborhood Centers Inc demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating a stable operational model. For example, in fiscal year 2023, revenue was $16,069,474 against expenses of $15,875,302. The organization's assets have shown some fluctuation but remain substantial, with $6,997,150 in assets as of 2023, providing a solid financial base. Liabilities have also been managed, decreasing from $2,682,502 in 2020 to $1,367,984 in 2023, which is a positive trend. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment is challenging. However, the consistent operational surplus in recent years suggests effective management of overall expenditures relative to income. The absence of reported officer compensation across all filings is a notable point for transparency, as it could indicate that key leadership roles are either unpaid or compensated through other means not captured in this specific metric, or that the organization has a unique compensation structure. Further detail would be needed to fully understand this aspect. Overall, the organization appears to be financially sound and capable of sustaining its operations. The consistent filing of IRS 990s over many years also points to a commitment to regulatory compliance and transparency. The growth in revenue from $10,276,470 in 2014 to $16,069,474 in 2023 indicates a growing capacity to serve its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Southeast Bronx Neighborhood Centers Inc with a Mission Score of 80 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Southeast Bronx Neighborhood Centers Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$16.1MTotal Revenue
$15.9MTotal Expenses
$7.0MTotal Assets
$1.4MTotal Liabilities
$5.6MNet Assets
  • The organization reported a surplus of $194K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 19.6%.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation across all periods, which is unusual for an organization of this size with revenues exceeding $15 million. This could imply that executive leadership is compensated through other means, or that the organization relies heavily on volunteer leadership, warranting further investigation for full 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 Southeast Bronx Neighborhood Centers Inc's IRS 990 filings:

  • Consistent 0% officer compensation for a large organization, which is unusual and may obscure executive remuneration details.

Strengths

The following positive indicators were identified for Southeast Bronx Neighborhood Centers Inc:

  • Consistent revenue growth, increasing from $10,276,470 in 2014 to $16,069,474 in 2023.
  • Operational surpluses in recent years (e.g., $16,069,474 revenue vs. $15,875,302 expenses in 2023).
  • Decreasing liabilities, from $2,682,502 in 2020 to $1,367,984 in 2023, indicating improved financial management.
  • Stable asset base, with assets at $6,997,150 in 2023, providing financial security.

Frequently Asked Questions about Southeast Bronx Neighborhood Centers Inc

Is Southeast Bronx Neighborhood Centers Inc a legitimate charity?

Southeast Bronx Neighborhood Centers Inc (EIN: 132675560) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Southeast Bronx Neighborhood Centers Inc spend its money?

Southeast Bronx Neighborhood Centers Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Southeast Bronx Neighborhood Centers Inc tax-deductible?

Southeast Bronx Neighborhood Centers Inc is registered as a tax-exempt nonprofit (EIN: 132675560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Southeast Bronx Neighborhood Centers Inc CEO make?

Southeast Bronx Neighborhood Centers Inc's highest-compensated officer earns $15 annually. The organization reported $15.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Southeast Bronx Neighborhood Centers Inc's spending goes to programs?

Southeast Bronx Neighborhood Centers Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Southeast Bronx Neighborhood Centers Inc located?

Southeast Bronx Neighborhood Centers Inc is headquartered in Bronx, New York and files with the IRS under EIN 132675560.

How many years of IRS 990 filings does Southeast Bronx Neighborhood Centers Inc have?

Southeast Bronx Neighborhood Centers Inc 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 $15.5M in total revenue.

Is Southeast Bronx Neighborhood Centers Inc a good charity?

Based on the available financial data, the organization appears to be financially stable with consistent revenue growth and a history of operational surpluses in recent years. The absence of reported officer compensation is a unique characteristic that could be viewed positively or require further inquiry depending on the organizational structure.

How has the organization's financial health changed over the past decade?

The organization has shown significant revenue growth, from $10,276,470 in 2014 to $16,069,474 in 2023. While there were periods of expenses exceeding revenue (e.g., 2014-2017, 2021), the trend in recent years (2022, 2023) shows revenues exceeding expenses, indicating improved financial health and sustainability. Assets have also generally increased from $6,844,746 in 2014 to $6,997,150 in 2023, and liabilities have decreased significantly from $2,202,868 in 2014 to $1,367,984 in 2023.

What is the significance of 0% officer compensation?

A consistent report of 0% officer compensation for an organization with over $15 million in annual revenue is highly unusual. It could mean that the organization's top executives are unpaid volunteers, or that their compensation is structured in a way that is not reported under 'officer compensation' on the 990 form (e.g., through a related entity or as general staff salaries). This warrants further investigation to understand the full picture of leadership compensation.

Filing History

IRS 990 filing history for Southeast Bronx Neighborhood Centers Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Southeast Bronx Neighborhood Centers Inc's revenue has grown by 53.2%, moving from $10.5M to $16.1M. Total assets decreased by 13% over the same period, from $8.0M to $7.0M. Total functional expenses rose by 56.6%, from $10.1M to $15.9M. In its most recent filing year (2023), Southeast Bronx Neighborhood Centers Inc reported a surplus of $194K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $7.0M in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $5.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $16.1M $15.9M $7.0M $1.4M View 990
2022 $16.5M $15.4M $7.2M $1.8M View 990
2021 $13.5M $14.2M $6.0M $1.7M View 990
2020 $14.4M $14.2M $7.6M $2.7M View 990
2019 $15.3M $14.8M $6.7M $1.9M View 990
2018 $13.9M $13.5M $6.5M $2.2M View 990
2017 $12.5M $12.6M $6.3M $2.3M View 990
2016 $12.2M $12.3M $6.3M $2.1M View 990
2015 $11.0M $11.4M $6.5M $2.2M View 990
2014 $10.3M $10.9M $6.8M $2.2M View 990
2013 $9.8M $9.9M $7.7M $2.2M View 990
2012 $10.3M $9.8M $8.0M $2.4M View 990
2011 $10.5M $10.1M $8.0M $3.1M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $16.1M, expenses of $15.9M, and assets of $7.0M (revenue -2.7% year-over-year).
  • 2022: Revenue of $16.5M, expenses of $15.4M, and assets of $7.2M (revenue +21.9% year-over-year).
  • 2021: Revenue of $13.5M, expenses of $14.2M, and assets of $6.0M (revenue -6.1% year-over-year).
  • 2020: Revenue of $14.4M, expenses of $14.2M, and assets of $7.6M (revenue -5.5% year-over-year).
  • 2019: Revenue of $15.3M, expenses of $14.8M, and assets of $6.7M (revenue +10.2% year-over-year).
  • 2018: Revenue of $13.9M, expenses of $13.5M, and assets of $6.5M (revenue +10.5% year-over-year).
  • 2017: Revenue of $12.5M, expenses of $12.6M, and assets of $6.3M (revenue +2.9% year-over-year).
  • 2016: Revenue of $12.2M, expenses of $12.3M, and assets of $6.3M (revenue +10.9% year-over-year).
  • 2015: Revenue of $11.0M, expenses of $11.4M, and assets of $6.5M (revenue +6.9% year-over-year).
  • 2014: Revenue of $10.3M, expenses of $10.9M, and assets of $6.8M (revenue +4.7% year-over-year).
  • 2013: Revenue of $9.8M, expenses of $9.9M, and assets of $7.7M (revenue -5.2% year-over-year).
  • 2012: Revenue of $10.3M, expenses of $9.8M, and assets of $8.0M (revenue -1.3% year-over-year).
  • 2011: Revenue of $10.5M, expenses of $10.1M, and assets of $8.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Southeast Bronx Neighborhood Centers Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Southeast Bronx Neighborhood Centers 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.

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