Friends Of Bronx Lab Inc
- Assets
- $99.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 06/2008
- Data as of
- 06/2022
- EIN
- 80-0158339
Organization Overview
Friends Of Bronx Lab Inc is located in Bronx, NY. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Bronx Lab 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 06/2022, Friends Of Bronx Lab Inc generated $143.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $236.9k during the year ending 06/2022. While expenses have increased by 18.9% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS FOR THE BRONX LAB SCHOOL.
Describe the Organization's Program Activity:
Part 3
OFFICE OF COLLEGE PLACEMENT AND SENIOR ACTIVITIES - IN ORDER TO ACHIEVE OUR GOAL OF COLLEGE ACHIEVEMENT, THE OFFICE OF COLLEGE PLACEMENT PROVIDES COLLEGE ACCESS SERVICS TO ALL THE STUDENTS ENROLLED AT BRONX LAB SCHOOL AND OUR ALUMNI. OUR MISSION IS TO ENSURE THAT ALL THE STUDENTS ARE ADMITTED TO COLLEGES OF THEIR CHOICE, AND THAT THEY MATRICULATE AND ARE HAVING ACADEMIC AND SOCIAL SUCCESS ON THEIR RESPECTIVE CAMPUSES. THE COLLEGE ADVISOR WORK TO ENSURE THAT STUDENTS HAVE A COMPREHENSIVE ADVISORY AND COLLEGE AWARENESS CURRICULUM THAT PREPARES THEM FOR THE RIGORS OF COLLEGE AND THE COLLEGE APPLICATION PROCESS. OUR COLLEGE ADVISOR WORKS AT GUIDING MANY OF OUR FIRST-GENERATION COLLEGE STUDENTS FROM TRANSITIONING FROM HIGH SCHOOL TO THEIR FRESHMAN YEAR IN COLLEGE. THIS POSITION HAS PLAYED A TREMENDOUS ROLE IN ENSURING THAT OUR STUDENTS ARE ENROLLED IN COLLEGE AND IS RESPONSIBLE FOR OUR TREMENDOUS COLLEGE PERSISTENCE RATES.
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.
OTHER PROGRAMS INCLUDING CAMPUS SPORTS AND FAMILY OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Marcy Principal | 5 | $0 | |
Tammy Bryant Kane Secretary | 5 | $0 | |
Rafi Musher Board Member | 1 | $0 | |
Alan Hartman Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,951 |
| Total Program Service Revenue | $26,366 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,317 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,900 |
| Occupancy, rent, utilities, and maintenance | $3,674 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $222,325 |
| Total expenses | $236,899 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,712 |
| Other assets | $0 |
| Total assets | $99,712 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,712 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of Bronx Lab Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $60,000 |
The Joseph H Flom Foundation New York, NY PURPOSE: TO SUPPORT PROGRAMS FOR UNDER-SERVED STUDENTS THAT WILL PROVIDE THEM WITH THE SAME COLLEGE-AND-CAREER ACCESS, AND OPPORTUNITIES, AS CHILDREN OF BETTER MEANS. | $40,000 |
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Harvard Private Capital Realty Inc Boston, MA | $2,527,458,180 | $415,073,812 |
Faculty-Student Assoc Of State University Of Ny At Stony Brook Stony Brook, NY | $54,956,974 | $31,334,535 |
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University Of Vermont And State Agricultural College Foundation Burlington, VT | $307,895,720 | $102,950,116 |