THE BRIDGE ACADEMY INC

🔒

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

1997

Legal Domicile

Principal Officer

TIMOTHY J DUTTON

Phone

2033369852

Tax Period

2024-07-01 to 2025-06-30

THE BRIDGE ACADEMY INC, founded in 1997, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

THE BRIDGE ACADEMY, INC. WAS GRANTED A CHARTER TO OPERATE THE BRIDGE ACADEMY, A PUBLIC SCHOOL LOCATED IN THE CITY OF BRIDGEPORT, CT. THE SCHOOL WAS FOUNDED IN 1997 TO PROVIDE COLLEGE PREPARATORY CURRICULUM DESIGNED TO OVERCOME THE EDUCATIONAL PROBLEMS TYPICALLY FOUND IN THE INNER CITY. THE ESTABLISHED GOALS ARE TO BE MET THROUGH THE FOLLOWING APPROACHES: PARENTAL INVOLVEMENT, A MENTOR PROGRAM WITH PROFESSIONALS FROM THE BRIDGEPORT BUSINESS COMMUNITY, AN INTRODUCTION TO THE WORK OUTSIDE OF BRIDGEPORT THAT INCLUDES THE ARTS, AND A SMALL ENROLLMENT THAT ALLOWS STUDENTS TO FOSTER A SENSE OF COMMUNITY AND SELF-RESPECT.

Program Service Accomplishments

Program 1

Expenses: $4,079,521 Revenue: $4,214,534

BRIDGE ACADEMY - CONNECTICUT CHARTER SCHOOL THAT PROVIDES EDUCATION FOR GRADES 7 THROUGH 12 WITH A TOTAL CAPACITY OF 281 STUDENTS. IN THE PAST YEAR THERE WERE 280 STUDENTS IN THE SCHOOL AND AVERAGE DAILY ATTENDANCE WAS 90%. UPON GRADUATION 100% OF THE STUDENTS WERE ACCEPTED TO COLLEGE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $942,560

Program Service Revenue $4,214,534

Investment Income $0

Other Revenue $15,052

TOTAL REVENUE $5,172,146

Expense Breakdown

Grants Paid $11,055

Salaries & Benefits $4,174,800

Fundraising Expenses $19,490

Program Expenses $4,079,521

Other Expenses $958,957

TOTAL EXPENSES $5,144,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,172,146	$5,621,755	-0.1%
Expenses	$5,144,812	$5,430,826	-0.1%
Net Income	$27,334	$190,929	-0.9%

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

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

$375,053

Total Directors

Key Employees

$177,166

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY DUTTON	FINANCE DIRECTOR/TEACHER	40.00	Officer	$154,895	$26,273	$181,168
TYRONE ELLIOTT	HS PRINCIPAL/SUPERINTENDANT	40.00	Officer	$160,609	$33,276	$193,885
RACHEL ALLISON	MIDDLE SCHOOL PRINCIPAL	40.00	Key Emp	$177,166	$0	$177,166
KARL KRAUSS	TEACHER COACH	40.00	Highest	$163,416	$0	$163,416
BRIDGET KRAUSS	HIGH SCHOOL MATH TEACHER	40.00	Highest	$136,714	$33,276	$169,990
DENISE MOLLER	SOCIAL WORKER	40.00	Highest	$110,028	$0	$110,028
JAMES RAWLINS	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIT KAOLIAN	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
CRAIG HOFFMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL GRABOWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
ALBERT BENEJAN	DIRECTOR	1.00	Director	$0	$0	$0
BRENDEN BISH	DIRECTOR	1.00	Director	$0	$0	$0
PEGGY BUD	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER DWYER	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA LEFKOWITZ	DIRECTOR	1.00	Director	$0	$0	$0
CELESTE MARKLE	DIRECTOR	1.00	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	$5,172,146	$5,144,812	$3,099,426	$27,334
2024	$5,621,755	$5,430,826	$3,188,949	$190,929
2023	$4,996,162	$5,034,818	$3,110,255	$-38,656
2022	$4,935,914	$4,944,547	$3,370,974	$-8,633
2021	$4,082,354	$4,162,933	$3,472,142	$-80,579
2020	$3,935,609	$4,069,876	$3,683,805	$-134,267
2019	$4,038,204	$4,090,550	$3,809,716	$-52,346