The Bronx High School Of Science Alumni Foundation Inc
Bronx High School Of Science Alumni Foundation shows strong asset growth and zero executive compensation amidst fluctuating revenues and expenses.
EIN: 133763299 · Bronx, NY · NTEE: B84Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $10.2M |
| Program Spending | 85% |
| Net Assets | $15.2M |
| Transparency Score | 90/100 |
Is The Bronx High School Of Science Alumni Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Bronx High School Of Science Alumni Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Bronx High School Of Science Alumni Foundation Inc
The Bronx High School Of Science Alumni Foundation Inc (EIN: 133763299) is a nonprofit organization based in Bronx, NY, classified under NTEE code B84Z. The organization reported total revenue of $6.7M and total assets of $17.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Bronx High School Of Science Alumni Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Bronx High School Of Science Alumni Foundation Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 37.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.6M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$4.3M |
| Total Assets | $15.6M |
| Total Liabilities | $322K |
| Net Assets | $15.2M |
| Operating Margin | 29.8% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, The Bronx High School Of Science Alumni Foundation Inc reported a surplus of $4.3M with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Bronx High School Of Science Alumni Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 37.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +247.0% | -35.2% | -15.6% |
| 2022 | -66.1% | +390.9% | -40.8% |
| 2021 | +444.3% | +129.0% | +167.0% |
| 2020 | -22.5% | -54.7% | +7.4% |
| 2019 | -15.4% | +118.1% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 The Bronx High School Of Science Alumni Foundation Inc with a Mission Score of 90 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, The Bronx High School Of Science Alumni Foundation Inc 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 $4.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure and ensuring all funds are directed towards the foundation's mission.
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 The Bronx High School Of Science Alumni Foundation Inc's IRS 990 filings:
- Significant deficit in 2022 ($11,590,627, as expenses of $15,784,903 exceeded revenue of $4,194,276).
- Large fluctuations in revenue and expenses year-over-year, which could indicate unpredictable financial planning or reliance on sporadic large donations/projects.
Strengths
The following positive indicators were identified for The Bronx High School Of Science Alumni Foundation Inc:
- Consistent 0% officer compensation across all reported periods, indicating strong financial stewardship and volunteer leadership.
- Significant growth in assets over the past decade, from $6,313,382 in 2014 to $15,564,959 in 2023, demonstrating financial stability and capacity.
- Strong revenue generation in certain years, such as $14,553,129 in 2023 and $12,367,161 in 2021, showing effective fundraising capabilities.
Frequently Asked Questions about The Bronx High School Of Science Alumni Foundation Inc
Is The Bronx High School Of Science Alumni Foundation Inc a legitimate charity?
The Bronx High School Of Science Alumni Foundation Inc (EIN: 133763299) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.7M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does The Bronx High School Of Science Alumni Foundation Inc spend its money?
The Bronx High School Of Science Alumni Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Bronx High School Of Science Alumni Foundation Inc tax-deductible?
The Bronx High School Of Science Alumni Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133763299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Bronx High School Of Science Alumni Foundation Inc's spending goes to programs?
The Bronx High School Of Science Alumni Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Bronx High School Of Science Alumni Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Bronx High School Of Science Alumni Foundation Inc is above average for NTEE category B84Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Bronx High School Of Science Alumni Foundation Inc located?
The Bronx High School Of Science Alumni Foundation Inc is headquartered in Bronx, New York and files with the IRS under EIN 133763299. It is classified under NTEE code B84Z.
How many years of IRS 990 filings does The Bronx High School Of Science Alumni Foundation Inc have?
The Bronx High School Of Science Alumni Foundation 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 $6.7M in total revenue.
Is The Bronx High School Of Science Alumni Foundation Inc a good charity?
Based on the available data, the foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating efficient use of funds. Its assets have grown significantly over time, and while revenue and expenses fluctuate, the overall trend suggests a well-supported mission.
Why did expenses exceed revenue significantly in 2022?
In 2022, the organization reported $4,194,276 in revenue against $15,784,903 in expenses, resulting in a substantial deficit. This could be due to a major capital project, a large one-time program expenditure, or a significant investment, which would require further detail from the full 990 filing to understand.
What caused the large increase in liabilities in 2022?
Liabilities jumped from $8,134,636 in 2021 to $8,575,303 in 2022. This increase, alongside the high expenses in the same year, might indicate the organization took on debt or had significant payables related to a large project or investment. Further investigation into the balance sheet details would be needed.
Filing History
IRS 990 filing history for The Bronx High School Of Science Alumni Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Bronx High School Of Science Alumni Foundation Inc's revenue has grown by 4616.5%, moving from $309K to $14.6M. Total assets increased by 180.7% over the same period, from $5.5M to $15.6M. Total functional expenses rose by 3838.9%, from $259K to $10.2M. In its most recent filing year (2023), The Bronx High School Of Science Alumni Foundation Inc reported a surplus of $4.3M, with revenue exceeding expenses. The organization holds $322K in liabilities against $15.6M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $15.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.6M | $10.2M | $15.6M | $322K | — | — |
| 2022 | $4.2M | $15.8M | $18.4M | $8.6M | — | View 990 |
| 2021 | $12.4M | $3.2M | $31.2M | $8.1M | — | — |
| 2020 | $2.3M | $1.4M | $11.7M | $81K | — | View 990 |
| 2019 | $2.9M | $3.1M | $10.9M | $167K | — | View 990 |
| 2018 | $3.5M | $1.4M | $10.5M | $900 | — | View 990 |
| 2017 | $1.4M | $1.1M | $6.3M | $900 | — | View 990 |
| 2016 | $843K | $949K | $6.0M | $0 | — | View 990 |
| 2015 | $980K | $1.2M | $6.1M | $0 | — | View 990 |
| 2014 | $583K | $759K | $6.3M | $0 | — | View 990 |
| 2013 | $1.3M | $869K | $6.5M | $0 | — | View 990 |
| 2012 | $957K | $460K | $6.0M | $331 | — | View 990 |
| 2011 | $309K | $259K | $5.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.6M, expenses of $10.2M, and assets of $15.6M (revenue +247.0% year-over-year).
- 2022: Revenue of $4.2M, expenses of $15.8M, and assets of $18.4M (revenue -66.1% year-over-year).
- 2021: Revenue of $12.4M, expenses of $3.2M, and assets of $31.2M (revenue +444.3% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.4M, and assets of $11.7M (revenue -22.5% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.1M, and assets of $10.9M (revenue -15.4% year-over-year).
- 2018: Revenue of $3.5M, expenses of $1.4M, and assets of $10.5M (revenue +141.6% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.1M, and assets of $6.3M (revenue +70.4% year-over-year).
- 2016: Revenue of $843K, expenses of $949K, and assets of $6.0M (revenue -14.0% year-over-year).
- 2015: Revenue of $980K, expenses of $1.2M, and assets of $6.1M (revenue +68.1% year-over-year).
- 2014: Revenue of $583K, expenses of $759K, and assets of $6.3M (revenue -55.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $869K, and assets of $6.5M (revenue +37.6% year-over-year).
- 2012: Revenue of $957K, expenses of $460K, and assets of $6.0M (revenue +210.0% year-over-year).
- 2011: Revenue of $309K, expenses of $259K, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Bronx High School Of Science Alumni Foundation Inc:
Data Sources and Methodology
This transparency report for The Bronx High School Of Science Alumni Foundation 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.