Downtown Bronx Eco Development Corp

Nonprofit profile at a glance

EIN
043758932
IRS 990 coverage
2012–2012
Forms available
Form 990 2012, Form 990-EZ 2011
Location
Bronx, NY, USA
Phone
6466484362
Rating confidence
Limited
Sector
Community, Neighborhood Development

Reported finances

Revenue
$228,474
Expenses
$83,369
Assets
$170,643
Liabilities
$3,766

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Friends of Brook Park is a leading community-based environmental org. in the South Bronx. We engage youth and adults in organic gardening, Community Supported Agriculture and arts and indigenous cultural events and activities that convey a deep respect for the Natural world. In addition we are strong advocates for environmental justice, waterfront access and green space development. A COMMUNITY ADVOCACY GROUP OF VOLUNTEERS SERVES AS AN EDUCATOR AND STUDENT RESOURCE FOR LOCAL SCHOOLS AND YOUTH PROGRAMS IN UNDER-SERVED AREAS WITH OPEN SPACE AND NATURE, AND WITH A HIGH RATE OF YOUTH CRIME. IN ADDITION THE ORGANIZATION FACILITATES WORKSHOPS ON A VARIETY OF SUBJECTS, FROM PREPARING SOIL, COMPOSTING AND PLANTING TO TREE, BIRD AND PLANT IDENTIFICATION. THEY ALSO ARRANGE FOR NUTRITION, ART AND CULTURAL ACTIVITIES.

What it reported doing in 2012

Volunteer activites for friends of brook park, support of water front revitalization, workshops on a variety of subjects such as preparing soil, composting, planting trees, bird and plant identification and arrangement for nutrition, art and cultural activities.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
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: 100
  • Accountability: 72
  • Sustainability: 75
  • Growth: 60

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; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 20th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 63.5%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 2.05; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 19.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 64% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $70K in reported program spending
  • Leadership: top reported pay $2K · 5 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.