Bronxworks INC EIN 13-3254484 Form 990 (PDF) Claim this org

Bronxworks INC

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Feeds, shelters, teaches, and supports Bronx residents to improve their well-being. For fiscal year 2024 it reported $133.9M in revenue, $134.4M in expenses, and $28.9M in net assets.Pt I

Founded
1984
Type
Public charity (501(c)(3)) · Human Services
Location
Bronx, NY
Website
www.bronxworks.org
Filings
5 on file (2020–2024)
Revenue
$133.9MFY2024
Expenses
$134.4M
Net assets
$28.9M
People
35
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-3254484 Public charity (501(c)(3)) Bronx, NY Founded 1984
Form 990 (PDF)
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Figures match the IRS filing checked 7/6/26 · see original: IRS
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Size
$100M+
What they do
Feeds, shelters, teaches, and supports Bronx residents to improve their well-being.
Leadership
Eileen Torres · CEO · $370K
Money in and out
$133.9M revenue, $134.4M expenses
Bottom line
88% program efficiency
Where the money goes · FY2024
Total revenue
$133.9M
Pt VIII · Ln 12
Total expenses
$134.4M
Pt IX · Ln 25
Net assets
$28.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$431K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.11 Fundraising $0.01
Program efficiency
88%
of spending reaches programs+0.01% vs prior filing year
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
-0.3%
revenue over expenses, this year▼ -107% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$133.9M
FY2024▲ +5%
Expenses
$134.4M
FY2024▲ +10%
Total assets
$152.9M
FY2024▲ +18%
Total liabilities
$123.9M
FY2024▲ +23%
Total revenue
$133.9M
Pt VIII · Ln 12
Total expenses
$134.4M
Pt IX · Ln 25
Net assets
$28.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$431K
Total assetsPt X · Ln 16$152.9M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBronxworks INC
EINHdr · item D13-3254484
Principal addressHdr · item CBronx, NY
WebsiteHdr · item Jwww.bronxworks.org
Year of formationHdr · item L1984
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P200)
Ruling yearIRS BMFMay 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$370,237Pt VII · Sec A
$287,271Pt VII · Sec A
Chief Legal and Operations
$281,608Pt VII · Sec A
Assistant Executive Director
$263,262Pt VII · Sec A
Assistant Executive Director
$232,644Pt VII · Sec A
V.p. of Human Resources
$188,950Pt VII · Sec A
Vice President
$186,363Pt VII · Sec A
Vice President
$184,685Pt VII · Sec A

Eileen Torres’s $370K as CEO is at the 42nd percentile of top reported officer pay among 249 $100M+ human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Eileen Torres$370,237$325,819$299,208$258,494$287,272$252,412
Gordon Miller$287,271$247,308$226,686$201,720$195,406$137,613
Erica Coleman$281,608$238,116$212,588$166,464$167,950$161,678
John Weed$263,262$243,148$216,243$188,067$183,352$172,283
Scott Auwarter$232,644$251,188$229,001$201,850$196,692$184,871
Felicia Rickett-Samuels$188,950$174,278$172,806
Ursula Cooper-Hunter$186,363
Noel Concepcion$184,685$136,526$132,836$131,482

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $83.7M of program spending, described in the organization's own filed words · FY2024.
01

Homeless prevention relocationstreet homelessness in the bronx has increased by 64%. The hope count number for the bronx was estimated to be 316 in 2025, up from 192 a year prior. Bronxworks jerome avenue men's shelter, homeless outreach team, and safe haven programs placed 264 formerly street homeless individuals into permanent housing.

$45.4Mprogram expense
02

Homeless sheltersthe bronxworks jerome avenue men's shelter, homeless outreach team, and safe haven programs provided temporary shelter to 1,965 people in fy 2025.

$24.2Mprogram expense
03

Children and youth programsbronxworks' children and youth department programs serve children and young people from 2.9 years to the age of twenty-four, as well as their parents or guardians and families.

$14.0Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$127.7M · 95%
Program service revenue$4.5M · 3%
Other revenue$1.2M · 1%
Contributions & grants95%$127.7M
Program service revenue3%$4.5M
Other revenue1%$1.2M
Investment income$490K
— government grantsLn 1e$123.1M
Total revenueLn 12$133.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.11 Fundraising $0.01
Program services88%$118.5M
Management & general11%$15.0M
Fundraising1%$937K
Total functional expensesLn 25$134.4M

Balance Sheet

Part X · end of year
CashLn 1$6.9M
Total assetsLn 16$152.9M
Total liabilitiesLn 26$123.9M
Total net assetsLn 32$28.9M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14.6M · Operating expenses (Pt IX) $134.4M · Less non-cash grants $95K · Cash operating expenses/yr $134.3M
1.3 months
Where the money goes
Program services
Program services $118.5M · Total expenses $134.4M
88%
Management & General
Management & general $15.0M · Total expenses $134.4M
11%
Fundraising
Fundraising $937K · Total expenses $134.4M
0.7%
Cost to raise $1
Fundraising expense (3-yr avg) $855K · Solicited contributions (3-yr avg) $11.3M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $127.7M · Total revenue $133.9M
95%
Government reliance
Government grants $123.1M · Total revenue $133.9M
92%
Earned-income share
Program service revenue $4.5M · Total revenue $133.9M
3%
Investment reliance
Investment income $490K · Total revenue $133.9M
+0.4%
Program self-sufficiency
Program service revenue $4.5M · Total expenses $134.4M
3%
Growth & trend
Revenue growth (YoY)
This year $133.9M · Prior year $127.6M
+5%
Revenue CAGR
FY2019 $85.5M · FY2024 $133.9M
+9%
Net-asset trend (YoY)
End of year $28.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $133.9M · Expenses $134.4M
-0.3%
Liabilities-to-Assets
Total liabilities — · Total assets $152.9M
Net-asset ratio
Net assets $28.9M · Total assets $152.9M
19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7.2M · Other securities (Pt X, ln 12) $535K · Total assets (Pt X, ln 16) $152.9M
5%
People & payroll
Highest Reported Total Compensation
Individual Eileen Torres · Reported title CEO · Highest reported compensation $370K · Total expenses $134.4M
0.3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $80.7M · Total expenses $134.4M
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 11%
Fundraising cost ratio 0.7%
Revenue growth 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 4 funders$147K
See all 4 funders →
Grants paid · 34 grants · $34.9M · 2019–2024
Unitemized GrantFY2024$3,021,735
Unitemized GrantFY2024$1,474,433
Unitemized GrantFY2024$536,957
Unitemized GrantFY2024$406,234
Unitemized GrantFY2024$292,659
Unitemized GrantFY2024$145,874
Unitemized GrantFY2024$48,750
Unitemized GrantFY2023$3,324,508
Unitemized GrantFY2023$1,390,885
Unitemized GrantFY2023$554,822
Unitemized GrantFY2023$498,792
Unitemized GrantFY2023$91,443
Unitemized GrantFY2023$52,583
Unitemized GrantFY2023$22,025
Unitemized GrantFY2022$3,277,153
Unitemized GrantFY2022$2,699,852
Unitemized GrantFY2022$484,613
Unitemized GrantFY2022$474,992
See all 34 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$127.6M revenue · ⤓ 990 PDF
FY2023$113.5M revenue · ⤓ 990 PDF
FY2022$107.7M revenue · ⤓ 990 PDF
FY2021$94.8M revenue · ⤓ 990 PDF
FY2020$85.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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