BRONX FAMILY NETWORK INC (EIN 824893510) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

ZULAY A MATEO

Phone

3474142089

Tax Period

2022-01-01 to 2022-12-31

BRONX FAMILY NETWORK INC, founded in 2018, is a mid-sized nonprofit in the Human Services sector that reported $10.5M in total revenue in fiscal year 2022. Revenue surged 125% from the prior year, signaling strong growth momentum.

Mission

ORGANIZATION HISTORY BRONX FAMILY NETWORK INC. WAS FOUNDED IN 2018 BY A GROUP OF INDIVIDUALS WITH A SHARED PASSION FOR HELPING THE NEEDY AND UNFORTUNATE. AMONGST THESE INDIVIDUALS ARE PEOPLE WITH YEARS OF EXPERIENCE WORKING WITH BUT NOT LIMITED TO, NYCS DEPARTMENT OF HOMELESS SERVICES HELPING THE HOMELESS; AS WELL AS AN INVOLVEMENT WITH OTHER CHARITABLE ACTIVITIES. OUR STAFF HAS DEEP RELATIONSHIPS WITH DIVERSE COMMUNITIES AND IS COMMITTED TO PROVIDING SUPPORT AND RELIEF TO THOSE WHO NEED IT MOST. MISSION AND VISION OUR SERVICES PROVIDE AN ALTERNATIVE FOR HOMELESS FAMILIES IN NEED OF TEMPORARY TRANSITIVE HOUSING. BRONX FAMILY NETWORK INC. ALLOWS FOR INDIVIDUALS AND FAMILIES TO MAINTAIN THEIR DIGNITY WHILE AFFORDING THEM THE OPPORTUNITY TO REGAIN THEIR INDEPENDENCE IN A SAFE AND HEALTHY ENVIRONMENT. OUR SERVICES INCLUDE FULL SHOWERS AND KITCHENS, ACCESS TO CLOTHING, CASE MANAGEMENT AND APPROPRIATE REFERRALS TO SUBSTANCE ABUSE TREATMENT AND REHABILITATION CENTERS, MEDICAL AND HEALTH SERVI

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $10,451,642

Program Service Revenue $0

Investment Income $153

Other Revenue $1,286

TOTAL REVENUE $10,453,081

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,221,738

Fundraising Expenses $0

Program Expenses $9,753,364

Other Expenses $7,962,884

TOTAL EXPENSES $10,184,622

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,453,081	$4,637,229	+1.3%
Expenses	$10,184,622	$4,323,655	+1.4%
Net Income	$268,459	$313,574	-0.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

118

Volunteers

N/A

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

$346,600

Total Directors

$293,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZULAY A MATEO	CHIEF EXEC O	40.00	Officer Director	$156,000	$6,000	$162,000
DAVID M SCHLOSS	CHIEF ADMIN	32.00	Officer Director	$125,800	$6,000	$131,800
PAPA DIOP	CHIEF FINCL	32.00	Officer	$52,800	$0	$52,800
MIKLOS BLAUSTIEN	DIRECTOR	N/A	Director	$0	$0	$0
PAULA MARTIN	DIRECTOR	N/A	Director	$0	$0	$0
SHEILA ORTIZ	DIRECTOR	N/A	Director	$0	$0	$0
JOHEL SANTANA	DIRECTOR	N/A	Director	$0	$0	$0
NOAH SMITH	DIRECTOR	N/A	Director	$0	$0	$0
AARON WEINREICH	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2022	$10,453,081	$10,184,622	$25,879,856	$268,459
2021	$4,637,229	$4,323,655	$2,952,904	$313,574
2020	$2,340,566	$2,521,656	$694,078	$-181,090
2019	$1,285,000	$1,155,664	$137,275	$129,336

BRONX FAMILY NETWORK INC