Bronx Realty Advisory Board Inc
Nonprofit profile at a glance
- EIN
- 131699461
- IRS 990 coverage
- 2012–2022
- Forms available
- Form 990 2022
- Location
- Bronx, NY, USA
- Phone
- 9142249348
- Rating confidence
- Limited
Reported finances
- Revenue
- $148,576
- Expenses
- $194,969
- Assets
- $416,355
- Liabilities
- $25,633
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- WILLIAM SCHUR (PRESIDENT)
- MATTHEW ENGEL (FIRST VICE PRESIDENT)
- MATTHEW SCHMELZER (SECOND VICE PRESIDENT)
- ARTHUR MELTSER (THIRD VICE PRESIDENT)
- KRISTEN DUNCAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- KRISTEN DUNCAN (EXECUTIVE DIRECTOR): $79,010 total reported compensation
- WILLIAM SCHUR (PRESIDENT): $35,012 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide legal services to owners of co-ops and rental buildings.
What it reported doing in 2022
Providing legal and advisory services to the owners of rental and cooperative buildings.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.5%; rating input score 95; 26th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -31.2%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 2.14; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 58.5%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3.9% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -5% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 21 of 22 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $79K · 23 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2012 to 2022
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.