FORDHAM BEDFORD COMMUNITY SERVICES INC

EIN: 133805049 501(c)(3) Human Services

BRONX, NY

Total Revenue
$7,756,617
Total Expenses
$6,885,006
Total Assets
$4,919,068
Net Assets
$2,607,114
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NY
Principal Officer
Roxanna Chowdhry
Phone
7183673200
Tax Period
2023-01-01 to 2023-12-31

FORDHAM BEDFORD COMMUNITY SERVICES INC, founded in 1995, is a community nonprofit in the Human Services sector that reported $7.8M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $6.9M left a modest 11% surplus.

Mission

Fordham Bedford Community Services Inc. (FBCS), was formed for the purpose of promoting the PUBLIC GOOD BY ASSISTING IN AND FURTHERING THE ESTABLISHMENT AND OPERATION OF ONE OR MORE DAY CARE CENTERS. IN ADDITION, FBCSI ASSISTS CHILDREN AND THIER FAMILIES WITH EDUCATIONAL SERVICES OUTSIDE OF A SCHOOL SETTING, PROVIDES RECREATIONAL OPPORTUNITIES, REFERRAL SERVICES TO HEALTH, EDUCATIONAL, RECREATIONAL, EMPLOYMENT, CHILD CARE AND COUNSELING PROGRAMS AND WORKSHOPS FOR CONUNSELING AND TRAINING IN HOUSING RIGHTS AND RESPONSIBLILITIES, HOUSEHOLD ECONMICS AND COMMUNTIY INVOLVEMENT. FBCSI, A NON PROFIT ORGANIZATION FOUNDED BY THE FORDHAM BEDFORM HOUSING CORPORATION, IS COMMITTED TO SERVING THE CHILDREN AND FAMILIES OF THE NORTHWEST BRONX AND ITS SURROUNDING AREAS. FBCSI SEEKS NEW AND INNOVATIVE WAYS TO STREGTHEN FAMILIES BY PROVIDING A VARIETY OF PROGRAMS AND SERVICES. IN PARTNERSHIP WITH THE COMMUNITY AND OTHER LOCAL NOT-FOR-PROFIT ORGANIZATIONS, FBCSI IS ADDRESSING THE EVER CHANGING NEEDS OF A COMMUNITY THAT HAS LONG BEEN NEGLECTED.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,889,705
Program Service Revenue $725,221
Investment Income $20,563
Other Revenue $121,128
TOTAL REVENUE $7,756,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,439,829
Fundraising Expenses $0
Program Expenses $6,765,377
Other Expenses $5,445,177
TOTAL EXPENSES $6,885,006

Year-over-Year Comparison

2023 2022 Change
Revenue $7,756,617 $6,293,528 +0.2%
Expenses $6,885,006 $6,082,050 +0.1%
Net Income $871,611 $211,478 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
34
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$656,004
Total Directors
11
$424,149
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HENG LY EXECUTIVE VICE PRESIDENT 0.05
Officer Director
$0 $68,249 $424,149
MANUELA SCHAUDT EXECUTIVE DIRECTOR 0.0
Highest
$0 $17,608 $240,955
ROXANNA CHOWDHRY EXECUTIVE DIRECTOR 40.0
Officer
$179,626 $52,229 $231,855
LUIS ORTEGA PRESIDENT/TREASURER 0.5
Officer Director
$0 $0 $0
ERIKA MARTINEZ VICE PRESIDENT 0.5
Officer Director
$0 $0 $0
WILLIAM DALEY SECRETARY 0.5
Officer Director
$0 $0 $0
CHERYL HARPER DIRECTOR 0.5
Director
$0 $0 $0
IVAN BOHORQUEZ DIRECTOR 0.5
Director
$0 $0 $0
LUIS LUGO DIRECTOR 0.5
Director
$0 $0 $0
EILEEN HOGAN DIRECTOR 0.5
Director
$0 $0 $0
JOSE NORAT DIRECTOR 0.5
Director
$0 $0 $0
MARIBEL MONTILLA DIRECTOR 0.5
Director
$0 $0 $0
S LEMURIA ALAWODE-EL DIRECTOR 0.5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $7,756,617 $6,885,006 $4,919,068 $871,611
2022 $6,293,528 $6,082,050 $3,445,537 $211,478
2021 $4,816,876 $4,381,520 $2,718,227 $435,356
2020 $3,570,793 $3,509,524 $2,461,907 $61,269
2019 $3,429,456 $3,310,192 $1,216,211 $119,264
2018 $3,283,083 $3,306,656 $1,465,775 $-23,573
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