Form 990 for tax year 2023
Filed by THE BRONX HIGH SCHOOL OF SCIENCE ALUMNI FOUNDATION INC.
Totals
- Total revenue
- $3,776,809
- Total expenses
- $3,675,866
- Contributions and grants received
- $3,458,464
- Grants paid
- $1,636,873
- Program service revenue
- $0
- Investment income
- $314,333
- Other revenue
- $4,012
- Total assets, end of year
- $17,058,790
- Total liabilities, end of year
- $123,837
- Net assets or fund balances, end of year
- $16,934,953
- Program services expenses (Part IX)
- $2,839,380
- Management and general expenses
- $466,694
- Fundraising expenses
- $369,792
- Program service expenses (Part III)
- $2,839,380
Program services were 77.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,458,464
-
1g · Noncash contributions included above
$66,887
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $312,594 · excluded $312,594
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $2,954,245
-
7b · Less cost or other basis and sales expenses
securities $2,952,506
-
7c · Gain or loss
securities $1,739 · other assets $0
-
7d · Net gain or loss
total $1,739 · excluded $1,739
-
11a · Other revenue: MISCELLANEOUS
total $4,012 · excluded $4,012
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$4,012
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $902,432 · program services $902,432
-
2 · Grants to domestic individuals
total $734,441 · program services $734,441
-
5 · Compensation of officers, directors and key employees
total $315,352 · program services $153,230 · management and general $118,342 · fundraising $43,780
-
7 · Other salaries and wages
total $251,877 · program services $122,387 · management and general $94,522 · fundraising $34,968
-
9 · Other employee benefits
total $65,044 · program services $31,605 · management and general $24,409 · fundraising $9,030
-
10 · Payroll taxes
total $23,887 · program services $11,607 · management and general $8,964 · fundraising $3,316
-
11c · Fees: accounting
total $34,000 · management and general $34,000
-
11g · Fees: other
total $139,394 · program services $6,933 · management and general $132,461 · fundraising $0
-
13 · Office expenses
total $378,800 · program services $130,413 · management and general $42,111 · fundraising $206,276
-
19 · Conferences, conventions and meetings
total $653,104 · program services $580,682 · fundraising $72,422
-
23 · Insurance
total $11,885 · management and general $11,885
-
24a · Other expenses: MISCELLANEOUS
total $165,650 · program services $165,650
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $46,205 · end of year $146,418
-
2 · Savings and temporary cash investments
beginning of year $4,025,482 · end of year $1,042,858
-
3 · Pledges and grants receivable
beginning of year $728,169 · end of year $454,377
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $10,701,807 · end of year $15,415,137
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $63,296 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $308,954 · end of year $123,837
-
19 · Deferred revenue
beginning of year $12,667 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $11,083,796 · end of year $13,661,363
-
28 · Net assets with donor restrictions
beginning of year $4,159,542 · end of year $3,273,590
Mission and programs · 2023
Mission
SEE SCHEDULE O.
Activities or mission (Part I)
THE BRONX HIGH SCHOOL OF SCIENCE FOUNDATION EXISTS TO PRESERVE AND SUPPORT THE GOALS AND COMMITMENT TO EXCELLENCE OF THE BRONX HIGH SCHOOL OF SCIENCE.
-
SEE SCHEDULE O.
Expenses $2,657,033 · Grants $1,454,526
-
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.
Expenses $165,095 · Grants $165,095
-
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.
Expenses $17,252 · Grants $17,252
As filed on the 2023 return.
Listed in Part VII
-
Dylan GormanDYLAN GORMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 6
-
Joan Binstock SilversJOAN BINSTOCK SILVERS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 6
-
Sang Youp KimSANG YOUP KIM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Tim MaliyilTIM MALIYIL
SECRETARY
- Total calculated
- $0
- Hours/week
- 6
-
Ann-Drea SmalANN-DREA SMAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Humphrey ChenHUMPHREY CHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Ji MinJI MIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Jonathan FreedmanJONATHAN FREEDMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Maulin ShahMAULIN SHAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Paritosh BatraPARITOSH BATRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Regina BronsonREGINA BRONSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Rodney Sunada-WongRODNEY SUNADA-WONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Eleanor CoufosELEANOR COUFOS
EXECUTIVE DIRECTOR
- Total calculated
- $307,477
- From this org
- $292,835
- From related orgs
- $0
- Other
- $14,642
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $292,835
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,642
- Filer's total
- $307,477
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
BRONX HIGH SCHOOL OF SCIENCE
$902,432
CONSTRUCTION PROJECT, CAPITAL IMPROVEMENTS, IDEAS INITIATIVE, HOLOCAUST STUDIES CENTER, SCHOLARSHIPS, FRANKEL AWARD, AND STAFF DEVELOPMENT.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501359349316485
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