BRIDGE OF PROMISE (EIN 204043915) - Form 990 Financial Analysis & Trantor Score

🔒

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

2006

Legal Domicile

Principal Officer

PHIL BUSSEY

Phone

4253334179

Tax Period

2023-01-01 to 2023-12-31

BRIDGE OF PROMISE, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $343K, a strong 26% operating margin.

Mission

TO ENRICH THE LIVES OF TEENS AND ADULTS WITH DEVELOPMENTAL DISABILITIES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $686,156

Program Service Revenue $606,989

Investment Income $23,945

Other Revenue $25,155

TOTAL REVENUE $1,342,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $801,290

Fundraising Expenses $23,648

Program Expenses $892,270

Other Expenses $195,452

TOTAL EXPENSES $999,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,342,245	$1,084,959	+0.2%
Expenses	$999,492	$768,072	+0.3%
Net Income	$342,753	$316,887	+0.1%

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

150

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

$110,577

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHIL BUSSEY	PRESIDENT	6.00	Officer Director	$0	$0	$0
MARCIA MARTIN	SECRETARY	6.00	Officer Director	$0	$0	$0
LEIGH JOHNSON	TREASURER	6.00	Officer Director	$0	$0	$0
CHRISTINE SEARING	BOARD MEMBER	6.00	Director	$0	$0	$0
MEGAN GEE	BOARD MEMBER	6.00	Director	$0	$0	$0
JODI RICHEY	EXECUTIVE DI	40.00	Officer	$99,260	$11,317	$110,577

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	No data	No data	No data	No data
2023	$1,342,245	$999,492	$1,041,878	$342,753
2022	$1,084,959	$768,072	$701,304	$316,887
2021	$851,560	$563,346	$476,323	$288,214
2020	$507,296	$540,676	$186,046	$-33,380
2020	$461,494	$494,889	$186,046	$-33,395
2020	$461,494	$494,888	$186,047	$-33,394
2019	$706,767	$650,594	$127,346	$56,173
2018	$544,301	$550,041	$71,100	$-5,740

BRIDGE OF PROMISE