THE BRONX FREEDOM FUND INC (EIN 261385792) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

DAVID FEIGE CHAIR

Phone

9293353629

Tax Period

2020-07-01 to 2021-06-30

THE BRONX FREEDOM FUND INC, founded in 2009, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $76K in total revenue in fiscal year 2020. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $145K exceeded revenue, resulting in a 92% operating deficit.

Mission

THE BRONX FREEDOM FUND IS A BAIL FUND AND CASE MANAGEMENT ORGANIZATION WHOSE MISSION IS TO HELP INDIGENT CLIENTS avoid THE DIRE CONSEQUENCES OF PRETRIAL DETENTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $77,198

Program Service Revenue $0

Investment Income $14

Other Revenue $-1,681

TOTAL REVENUE $75,531

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $66,672

Other Expenses $144,815

TOTAL EXPENSES $144,815

Year-over-Year Comparison

	2020	2019	Change
Revenue	$75,531	$237,386	-0.7%
Expenses	$144,815	$659,641	-0.8%
Net Income	$-69,284	$-422,255	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID FEIGE	CHAIR	1.0	Officer Director	$0	$0	$0
BRIAN CHAPMAN	SECRETARY	1.0	Officer Director	$0	$0	$0
DAVID SOLOMON	TREASURER	1.0	Officer Director	$0	$0	$0
ROBIN STEINBERG	DIRECTOR	1.0	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
2021	$75,531	$144,815	$290,457	$-69,284
2020	$237,386	$659,641	$472,328	$-422,255
2019	$555,182	$601,407	$1,132,982	$-46,225
2018	$806,494	$601,161	$1,200,898	$205,333
2018	$783,621	$555,761	$1,222,694	$227,860

THE BRONX FREEDOM FUND INC