The Bronx High School Of Science Alumni Foundation Inc
- Assets
- $31.2m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Bronx, NY
- Founding
- 07/1995
- Data as of
- 06/2021
- EIN
- 13-3763299
Organization Overview
The Bronx High School Of Science Alumni Foundation Inc is located in Bronx, NY. The organization was established in 1995. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2021, Bronx High School Of Science Alumni Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronx High School Of Science Alumni Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Bronx High School Of Science Alumni Foundation Inc generated $12.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 17.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BRONX HIGH SCHOOL OF SCIENCE ALUMNI FOUNDATION EXISTS TO PRESERVE AND SUPPORT THE GOALS AND COMMITMENT TO EXCELLENCE OF THE BRONX HIGH SCHOOL OF SCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PURPOSE: EDUCATIONAL SUPPORT - SUPPORT FROM THE BRONX HIGH SCHOOL OF SCIENCE ALUMNI FOUNDATION, INC. SUPPLEMENTS CURRICULAR EXPANSION INTO NEW ELECTIVES, SUPPORTS ACADEMIC AND EXTRACURRICULAR PROGRAMS IN SCIENCE, MATH, ENGINEERING, TECHNOLOGY, HUMANITIES, MUSIC, DRAMA AND ATHLETICS, PROVIDES STUDENTS WITH ACCESS TO STATE OF THE ART FACILITIES AND EQUIPMENT AND DRIVES THE MISSION OF THE BRONX HIGH SCHOOL OF SCIENCE, A PUBLIC SECONDARY SCHOOL OF NEW YORK CITY. STEM PROGRAMS - PROVIDES STUDENTS WITH ACCESS TO THE EXTRACURRICULAR PROGRAMS THAT HELP BRING THEIR STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH) EDUCATION TO LIFE INCLUDING ROBOTICS AND A KEYNOTE SPEAKER SERIES. COMMUNITY PROGRAMS - EDUCATES STUDENTS ON THE IMPORTANCE OF SUPPORTING AND UNDERSTANDING THEIR FELLOW STUDENTS AND THE LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES AROUND THEM. STUDENTS ARE EXPOSED TO THE IMPORTANCE OF TOLERANCE, UNDERSTANDING, AND HISTORY THROUGH USE OF ARTIFACTS WITHIN OUR HOLOCAUST STUDIES CENTER.
GRANT PURPOSE: FACILITY IMPROVEMENTS - SUPPORTS THE IMPROVEMENTS OF BRONX SCIENCE'S PHYSICAL PLANT INCLUDING INVESTMENT IN ARCHITECTURAL AND ENGINEERING SERVICES, RENOVATIONS, AND INVESTMENT IN STATE OF THE ART EQUIPMENT FOR STEM AND ACADEMICALLY ADVANCED EDUCATION.
GRANT PURPOSE: SCHOLARSHIPS AND PRIZES - STUDENT SCHOLARSHIPS AND PRIZES ARE GRANTS TO HELP GRADUATING SENIORS FUND COLLEGE AND/OR ACADEMIC PRIZES RECOGNIZING SENIORS FOR THEIR ACCOMPLISHMENTS AT THE BRONX HIGH SCHOOL OF SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor Coufos Executive Director | Officer | 40 | $235,417 |
Sang Youp Kim President | OfficerTrustee | 20 | $0 |
Joan Binstock Silvers Vice President | OfficerTrustee | 6 | $0 |
Tim Maliyil Secretary | OfficerTrustee | 6 | $0 |
Dylan Gorman Treasurer | OfficerTrustee | 6 | $0 |
Humphrey Chen Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,909,230 |
| Noncash contributions included in lines 1a–1f | $296,832 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,909,230 |
| Total Program Service Revenue | $0 |
| Investment income | $186,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $210,113 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,367,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,073,495 |
| Grants and other assistance to domestic individuals. | $287,674 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $249,380 |
| Compensation of current officers, directors, key employees. | $44,306 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,277 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,306 |
| Payroll taxes | $18,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $174,653 |
| Advertising and promotion | $80,300 |
| Office expenses | $142,855 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,558 |
| All other expenses | $16,000 |
| Total functional expenses | $3,215,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,158,208 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,017,927 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,996,562 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,172,697 |
| Accounts payable and accrued expenses | $60,159 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,000,000 |
| Unsecured mortgages and notes payable | $74,477 |
| Other liabilities | $0 |
| Total liabilities | $8,134,636 |
| Net assets without donor restrictions | $14,065,960 |
| Net assets with donor restrictions | $8,972,101 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $31,172,697 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that The Bronx High School Of Science Alumni Foundation Inc has recieved totaling $65,952.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $24,900 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,939 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $10,750 |
The Berkshire Taconic Community Foundation Inc Sheffield, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: STAFF OR TRUSTEE GRANT - GENERAL OPERATING SUPPORT | $5,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Coast Guard Academy Alumni Association Inc New London, CT | $53,324,091 | $18,444,264 |
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
Baseball Assistance Team Inc New York, NY | $16,328,027 | $4,707,517 |
United States Merchant Marine Academy Alumni Association And Fou Kings Point, NY | $55,826,934 | $8,053,233 |
Alumni Association Of New Jersey Institute Of Technology Paramus, NJ | $0 | $306,119 |
Alumni Of The Rabbinical College Knesseth Israel Of Slabodka Kowno Brooklyn, NY | $341,064 | $3,063,744 |
The Bronx High School Of Science Alumni Foundation Inc Bronx, NY | $31,172,697 | $12,367,161 |
Bernard M Baruch College Association Inc New York, NY | $9,740,278 | $4,039,630 |
Wellesley College Alumnae Association Wellesley, MA | $21,826,732 | $2,808,656 |
Yale Alumni Publications Inc New Haven, CT | $28,715 | $87,332 |
Seoul National University Foundation Inc Fort Lee, NJ | $6,845,557 | $3,716,699 |
Syracuse Health Science Center Medical Alumni Foundation Inc Syracuse, NY | $50,640,765 | $25,764,011 |