THE BRIDGE FUND OF NEW YORK INC

EIN: 133824852 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$2,569,061
Total Expenses
$3,453,401
Total Assets
$4,791,308
Net Assets
$4,454,898
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
MARIA TOLEDO
Phone
6467421465
Tax Period
2024-01-01 to 2024-12-31

THE BRIDGE FUND OF NEW YORK INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 34% operating deficit.

Mission

THE PREVENTION OF HOMELESSNESS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,399,145
Program Service Revenue $0
Investment Income $169,916
Other Revenue $0
TOTAL REVENUE $2,569,061

Expense Breakdown

Grants Paid $1,407,502
Salaries & Benefits $1,541,959
Fundraising Expenses $236,235
Program Expenses $2,728,263
Other Expenses $503,940
TOTAL EXPENSES $3,453,401

Year-over-Year Comparison

2024 2023 Change
Revenue $2,569,061 $3,760,121 -0.3%
Expenses $3,453,401 $4,878,066 -0.3%
Net Income $-884,340 $-1,117,945 -0.2%
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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Governance

Voting Members
11
Independent Members
11
Employees
21
Volunteers
10

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
8
$301,497
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN K JOSEPH DIRECTOR 2.00
Director
$0 $0 $0
BRUCE BARNIKER TREASURER 2.00
Officer Director
$0 $0 $0
D ROGER B LIDDELL DIRECTOR 2.00
Director
$0 $0 $0
EON PARKS DIRECTOR 2.00
Director
$0 $0 $0
FOSTER L BIRCH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMES E THATCHER DIRECTOR 2.00
Director
$0 $0 $0
MARY NAN POLLOCK CO-FOUNDER 2.00
Director
$0 $0 $0
OSCAR S POLLOCK CHAIRMAN/CO-FOUNDER 2.00
Officer Director
$0 $0 $0
PAUL H JENKEL FORMER VICE PRESIDENT 2.00
Director
$0 $0 $0
RICHARD D DITORO PRESIDENT 2.00
Officer Director
$0 $0 $0
TONY PANDJIRIS CHAIRMAN 2.00
Officer Director
$0 $0 $0
ANTHONY SABIA EXECUTIVE DIRECTOR (OUTGOING) 50.00
Officer
$41,715 $5,188 $46,903
LEONARD PERLSON FINANCIAL CONTROLLER 40.00
Officer
$95,468 $800 $96,268
MARIA L TOLEDO EXECUTIVE DIRECTOR 40.00
Officer
$141,628 $16,698 $158,326
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
2024 $2,569,061 $3,453,401 $4,791,308 $-884,340
2023 $4,462,459 $4,801,602 $4,772,459 $-339,143
2023 $3,760,121 $4,878,066 $5,174,200 $-1,117,945
2022 $6,688,159 $7,052,677 $5,053,011 $-364,518
2021 $4,504,357 $3,711,311 $5,307,792 $793,046
2020 $4,502,531 $2,906,519 $4,774,262 $1,596,012
2019 $4,375,987 $2,541,286 $2,999,695 $1,834,701
2018 $2,618,082 $2,251,502 $1,368,063 $366,580
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