Nonprofit screen
Screen a listSouth Bronx Overall Economic Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$8.9Mrevenue
FY2023 · −41% in 3 yrs358staff
7 of 7years filed
’17’18’19’20’21’22’23
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2023
Operating margin−20.4%
Months of reserve0.6mo
Revenue growth (annualized)−2.6%
Middle half of peersMedianSouth Bronx Overall Economic Development
Where the money goes FY2023 · $11M spent
Programs$8.0M75%Management and general$2.5M23%Fundraising$232k2%990 FY2023 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$174k in FY2022 and −$1.8M in FY2023. Cash covers 0.6 months, under the peer median of 5.8.
990 Part I and balance sheetIn its favor2
Strong governance
15 of 15 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 7 of its 7 returns, 91% of revenue in FY2023. $4.2M is traced federal awards from Department of Commerce.
990 Part VIII · USAspending14funders
$632ka year, last 3 years
40%from its largest funder
Funder’17’18’19’20’21’22’23Expanded Schools IncEvery year since FY2017$360k$195k$193k$190k$166k$189k$200kMother Cabrini Health Foundation IncSince FY2021$210k$365k$175kCiti FoundationStopped after FY2022$250k$250k–Enterprise Community Partners IncOn and off$140k$25kLocal Initiatives Support CorporationOn and off$44k$6kWebster Bank Charitable FoundationOn and off$10kDonor-advised giftsDonors not disclosed$123k$28k$84$50k$17$213 other fundersUp to $5k a year each$200$5k$5k
FundedThrough a donor-advised fundStopped