Bxi Foundation Inc
Nonprofit profile at a glance
- EIN
- 811817426
- IRS 990-EZ coverage
- 2021–2021
- Forms available
- Form 990-EZ 2021, Form 990-N 2020
- Location
- Orlando, FL, USA
- Phone
- 4073530976
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $84,898
- Expenses
- $33,190
- Assets
- $170,457
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ALVIN COWANS (PRESIDENT)
- MICHAEL MEARES (VICE PRESIDENT)
People named in this filing
- ARTHUR J LEE (DIRECTOR)
- ALVIN COWANS (PRESIDENT)
- MICHAEL MEARES (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Assisting and improving the lives of young african american males
What it reported doing in 2021
Four year program for african american males, grades 9 - 12, for the purpose of developing leadership skills and providing college scholarships.
Operating model
- Revenue model
- Other-operating. 69% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 100
- Sustainability: 81
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.6%; rating input score 39
- Program expense ratio: 98.8%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 60.9%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 5.14; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 38.6% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.