The Bronx Freedom Fund Inc

Nonprofit profile at a glance

EIN
261385792
IRS 990-EZ coverage
2009–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Venice, CA, USA
Phone
9293353629
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Humanities Organizations

Official website

Reported finances

Revenue
$32,328
Expenses
$83,094
Assets
$67,698
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

  • DAVID FEIGE (CHAIRMAN)
  • DAVID SOLOMON (TREASURER)
  • BRIAN CHAPMAN (SECRETARY)

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 help indigent clients in the south bronx, New York. Bff helps clients avoid the consequences of pretrial detention. The overwhelming majority are facing nonviolent, misdemeanor charges. People who are detained pretrial face worse case outcomes than those who can afford bail. Bff helps the poorest of the poor fight their cases from a position of strength and freedom.

What it reported doing in 2024

On january 1, 2020 comprehensive bail reform took effect in New York state that eliminated the use of cash bail for most charges. As a result, bff ceased bailing out new clients on that date. However, bff continued to operate, seeking refunds as existing cases closed, including suing the city of New York and state and city courts for the return of bail illegally withheld.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 29
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 70.9%; rating input score 71

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: -157%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 41; 41st 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: -1.8% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 70.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $59K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2009 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.

  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.