BRIDGE TO INDEPENDENCE INC (EIN 161643585) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

NICOLE PHILLIPSHOLLIS

Phone

4074871502

Tax Period

2024-01-01 to 2024-12-31

BRIDGE TO INDEPENDENCE INC, founded in 2002, is a community nonprofit in the Health Care sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 50% operating margin.

Mission

Bridge to Independence is a private school organized to serve the innercity kids of of central Florida To provide an alt education

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $125,237

Program Service Revenue $2,109,874

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,235,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $766,721

Fundraising Expenses $0

Program Expenses $712,721

Other Expenses $339,854

TOTAL EXPENSES $1,106,575

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,235,111	$1,584,028	+0.4%
Expenses	$1,106,575	$1,054,796	+0.0%
Net Income	$1,128,536	$529,232	+1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

$54,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE PHILLIPS-HOLLIS	CEOPRESIDENT	40.00	Director	$54,000	$0	$54,000
TARA PHILLIPS	DIRECTOR	3.00	Director	$0	$0	$0
ARTHUR WILSON	DIRECTOR	3.00	Director	$0	$0	$0
MARISA RICHARD	SECRETARY	3.00	Officer	$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
2024	$2,235,111	$1,106,575	$3,691,800	$1,128,536
2023	$1,584,028	$1,054,796	$2,356,293	$529,232
2022	$1,156,089	$1,004,068	No data	$152,021
2021	$1,150,238	$933,641	$950,294	$216,597
2020	$1,029,182	$840,952	$745,044	$188,230

BRIDGE TO INDEPENDENCE INC