Friends of Bronx Lab Inc
Nonprofit profile at a glance
- EIN
- 800158339
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Bronx, NY, USA
- Phone
- 7186963700
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $37,340
- Expenses
- $38,458
- Assets
- $1,100
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- ALAN HARTMAN (BOARD MEMBER)
- RAFI MUSHER (BOARD MEMBER)
- SARAH MARCY (PRINCIPAL)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To raise funds for the bronx lab school.
What it reported doing in 2024
School culture & community - students participate in a team building and advisory building exercise with their advisory teacher, this is a foundational experience for this group that will be together for the following four years at bronx lab. Additionally, peer group connection (pgc) trains and mobilizes students to be lifelong leaders who make their schools better for themselves, their peers, and younger students. Through pgc, school faculty are trained to prepare high school seniors to mentor and educate freshmen. Every day, carefully selected seniors are trained as part of their regular school schedule in a leadership development class to become peer leaders and serve as positive role models and group facilitators for 9th graders. Every week, these peer leaders work in pairs to co-lead groups of ninth graders in outreach sessions in which the younger students participate in engaging, hands-on activities and discussions in a safe, supportive group environment. Pgc results consistently demonstrate significantly lower dropout rates, improved grades, fewer discipline referrals, and avoidance of high-risk behaviors.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: -3.8% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.