Civic Intelligence

Fordham Bedford Community Services Inc

EIN 13-3805049 • 501(c)3 • Bronx, NY

2751 Grand ConcourseBronx, NY 10468

www.fbcsnet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.46x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.30x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

43rd percentile

1.7%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

48th percentile

4.0%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

0.8%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,117,371

Up $198,303 (+4.0%) from 2023

Liabilities

Up

$2,367,333

Up $55,379 (+2.4%) from 2023

Net Assets

Up

$2,750,038

Up $142,924 (+5.5%) from 2023

Revenue

Up

$7,818,500

Up $61,883 (+0.8%) from 2023

Expenses

Up

$7,682,421

Up $797,415 (+12%) from 2023

Net Income

Down

$136,079

Down $735,532 (-84%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $373,320Liabilities 2010: $48,496Net Assets 2010: $324,8242010Assets 2011: $400,641Liabilities 2011: $29,841Net Assets 2011: $370,8002011Assets 2012: $1,340,482Liabilities 2012: $320,338Net Assets 2012: $1,020,1442012Assets 2013: $1,368,447Liabilities 2013: $246,002Net Assets 2013: $1,122,4452013Assets 2014: $1,383,807Liabilities 2014: $235,928Net Assets 2014: $1,147,8792014Assets 2015: $1,408,377Liabilities 2015: $230,966Net Assets 2015: $1,177,4112015Assets 2016: $1,538,295Liabilities 2016: $349,958Net Assets 2016: $1,188,3372016Assets 2017: $1,188,573Liabilities 2017: $256,864Net Assets 2017: $931,7092017Assets 2018: $1,465,775Liabilities 2018: $557,639Net Assets 2018: $908,1362018Assets 2019: $1,216,211Liabilities 2019: $188,811Net Assets 2019: $1,027,4002019Assets 2020: $2,461,907Liabilities 2020: $1,373,238Net Assets 2020: $1,088,6692020Assets 2021: $2,718,227Liabilities 2021: $1,194,202Net Assets 2021: $1,524,0252021Assets 2022: $3,445,537Liabilities 2022: $1,710,034Net Assets 2022: $1,735,5032022Assets 2023: $4,919,068Liabilities 2023: $2,311,954Net Assets 2023: $2,607,1142023Assets 2024: $5,117,371Liabilities 2024: $2,367,333Net Assets 2024: $2,750,0382024

Highlighted filing

2024

Assets$5,117,371
Liabilities$2,367,333
Net Assets$2,750,038

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $1,004,082Expenses 2010: $995,184Net Income 2010: $8,8982010Expenses 2011: $941,6362011Expenses 2012: $1,160,6242012Revenue 2013: $2,453,230Expenses 2013: $2,350,929Net Income 2013: $102,3012013Revenue 2014: $2,949,701Expenses 2014: $2,924,267Net Income 2014: $25,4342014Revenue 2015: $3,165,473Expenses 2015: $3,135,941Net Income 2015: $29,5322015Revenue 2016: $3,263,368Expenses 2016: $3,252,442Net Income 2016: $10,9262016Revenue 2017: $2,940,012Expenses 2017: $3,196,640Net Income 2017: -$256,6282017Revenue 2018: $3,283,083Expenses 2018: $3,306,656Net Income 2018: -$23,5732018Revenue 2019: $3,429,456Expenses 2019: $3,310,192Net Income 2019: $119,2642019Revenue 2020: $3,570,793Expenses 2020: $3,509,524Net Income 2020: $61,2692020Revenue 2021: $4,816,876Expenses 2021: $4,381,520Net Income 2021: $435,3562021Revenue 2022: $6,293,528Expenses 2022: $6,082,050Net Income 2022: $211,4782022Revenue 2023: $7,756,617Expenses 2023: $6,885,006Net Income 2023: $871,6112023Revenue 2024: $7,818,500Expenses 2024: $7,682,421Net Income 2024: $136,0792024

Highlighted filing

2024

Revenue$7,818,500
Expenses$7,682,421
Net Income$136,079

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$2.37$2.75$7.82$7.68$0.14
2023Detailed filing. Detailed filing data is available for this year.$4.92$2.31$2.61$7.76$6.89$0.87
2022Detailed filing. Detailed filing data is available for this year.$3.45$1.71$1.74$6.29$6.08$0.21
2021Detailed filing. Detailed filing data is available for this year.$2.72$1.19$1.52$4.82$4.38$0.44
2020Detailed filing. Detailed filing data is available for this year.$2.46$1.37$1.09$3.57$3.51$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.19$1.03$3.43$3.31$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.56$0.91$3.28$3.31$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.19$0.26$0.93$2.94$3.20$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.35$1.19$3.26$3.25$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.23$1.18$3.17$3.14$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.24$1.15$2.95$2.92$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.37$0.25$1.12$2.45$2.35$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.32$1.02$1.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.03$0.37$0.94
2010Summary only. Only limited summary data is available for this year.$0.37$0.05$0.32$1.00$1.00$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$7,818,500
Mission and Program Overview

Mission

FORDHAM BEDFORD COMMUNITY SERVICES INC. (FBCSI), 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 their 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 counseling and training in housing rights and responsibilities, household economics and community involvement. FBCSI, a non profit organization founded by the Fordham Bedford 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 strengthen families by providing a variety of programs and services. In partnership with the community and other local not-for-profit organizations, FBSCI is addressing the ever changing needs of

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,177,358$2,080,684▼ $96,674
Accounts Receivable$1,311,311$1,916,372▲ $605,061
Pledges and Grants Receivable$944,391$651,337▼ $293,054
Investments in Publicly Traded Securities$337,152$250,362▼ $86,790
Land, Buildings, and Equipment, Net$139,607$129,287▼ $10,320
Prepaid Expenses and Deferred Charges$9,249$89,329▲ $80,080
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,919,068$5,117,371▲ $198,303
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$1,320,241$1,311,159▼ $9,082
Other Liabilities$848,566$848,566→ $0
Accounts Payable and Accrued Expenses$143,147$207,608▲ $64,461
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,311,954$2,367,333▲ $55,379
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,607,114$2,750,038▲ $142,924
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,607,114$2,750,038▲ $142,924
Total Liabilities and Net Assets / Fund Balance$4,919,068$5,117,371▲ $198,303

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,839$265,276$278,115
Buildings$116,448$67,496$183,944
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roxanna ChowdhryExecutive DirectorFT$176,030$54,017$230,047

Board Members and Trustees

NameTitle
Eileen HoganPresident
Heng LyExecutive Vice President
Erika MartinezVice President
Ivan BohorquezDirector
Jose NoratDirector
Luis LugoDirector
Maribel MontillaDirector
S Lemuria Alawode-elDirector
William DaleySecretary
Cheryl HarperTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
La Esperanza Group Family Daycarechildcare2555 Bainbridge Ave 2E, Bronx, NY 10458$161,865
Maria del Carmen Sanchezchildcare2083 cedar ave, Bronx, NY 10468$157,460
Heaven on Earth Day Carechildcare1180 Arnow Ave, Bronx, NY 10469$142,115
Angelas Little Angels Daycarechildcare2625 Grand Concourse Apt BB, Bronx, NY 10468$141,125
ABC Adventure Time Group Familychildcare2822 decatur Ave Apt A5, Bronx, NY 10458$139,195
Revenue and Support

Revenue Composition

Contributions and Grants
$6,885,497
Program Service Revenue
$793,058
Investment Income
$10,707
Other Revenue
$129,238
All Other Contributions
$60,500
Change in Net Assets
$136,079

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,818,500
Revenue Not Reported on Form 990
$6,845
Total Revenue per Audited Statements
$7,825,345
Total Revenue per Form 990
$7,818,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,929,436
Salaries, Compensation, and Employee Benefits$1,752,985
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,170,343$61,597-$1,231,940
Current Officers, Directors, Trustees, and Key Employees$218,544$11,503-$230,047
Office Expenses$132,978$10,120-$143,098
Other Employee Benefits$122,723$6,459-$129,182
Payroll Taxes$101,171$5,325-$106,496
Fees for Services Accounting$78,869$21,071$0$99,940
Pension Plan Contributions$52,554$2,766-$55,320
Occupancy$43,477$2,805-$46,282
Insurance$37,817$4,202-$42,019
Fees for Services Other$22,969$6,137$0$29,106
Depreciation Depletion$10,320$0$0$10,320
Other Expenses$6,557$3,260-$6,557
Total Functional Expenses$7,547,176$135,245$0$7,682,421

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,682,421
Total Expenses per Audited Statements$7,682,421
Total Expenses per Form 990$7,682,421
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$841,516
Rent Security Deposit$7,050
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

The board of directors must approve the annual federal tax form 990 and the related state tax filings after it has received these documents from the outside independent auditors and accountants in an annual board meeting.

FORM 990, PART VI, SECTION B, LINE 12C:

On an annual basis the board of directors reviews actual or potential conflicts of interests with board memebrs and officers. The policy is distributed to all board members. Potential conflicts are brought to the executive committee for review and officers found to have conflicts of interests are asked to resign or abstain from invovlement of all related projects.

FORM 990, PART VI, SECTION B, LINE 15:

Decisions regarding compensation are based on the recommendations of an independent committee that considers performance, scope of responsibilities, and salary compensation for similar positions. Final approve for ceo compensation must be approved by the entire board of directors.

FORM 990, PART VI, SECTION C, LINE 19:

After approval of the finanical statements by the board of directors on an annual basis, the organization makes available all governance documents, policies statements, finanical statements and tax returns to the public, upon written request. The organization also timely files its annual new york state char500 report with the nys attorney general and all of its filings are made available through the nysoag charities website. Change of oversight or selection process accomplished through management's/owner involvement.

Filing and Contact Details

Filer

Filer Name
Fordham Bedford Community Services Inc
EIN
13-3805049
In Care Of
% HENG LY
Phone
7183673200
Address
2751 GRAND CONCOURSE, BRONX, NY 10468

Signing Officer

Name
Roxanna Chowdhry
Title
Executive Director
Phone
7123673200
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roxanna Chowdhry
Formed
1995
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
9
Employees
40
Volunteers
9

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Israel Tannenbaum CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION 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 ECONOMICS 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.

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Fordham bedford community services inc. (fbcsi), 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 their families with educational services outside of a school setting, provides recreational opportunities, refferral services to health, educational, recreational, employment, child care and counseling programs and workshops for counseling and training in housing rights and responsibilities, household economics and community invovlement. Fbcsi, an non-profit organization founded by the fordham bedford housing corportation, is committed to serving the children and families of the northwest bronx and its surrounding areas. Fbcsi seeks new and innovative ways to strengthen families by providing a variety of programs and services. In partnership with the community and other local not-for-profit organizations, fbcsi is addressingn the ever-changing needs of a community that has long been neglected.

FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:

The organization provides child and adult care food nutrition program to the community with the support from new york state department of health.

Financial Statement Notes

PART X, LINE 2:

The Organization has tax-exempt status under Section 501(c)(3) of the Internal Revenue Code ("IRC") and is exempt from federal income taxes on related income pursuant to Section 101(a) of the IRC. Being a nonstock corporation not organized for profit, the Organization is exempt from the New York State and New York City franchise tax. U.S. GAAP requires evaluation of the tax positions taken or expected to be taken in the course of preparing the Organization's tax returns to determine whether the tax positions are more likely than not sustainable upon examination by the applicable taxing authorities, based on the technical merits of the tax positions, and then recognizing the tax benefit that is more likely than not realizable. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax expense in the current reporting period. Management believes any such positions would be immaterial to the overall financial statements. The Organization's federal and state tax returns for the fiscal years after 2021 remain subject to examination by the relevant taxing authorities.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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