New Bridge Foundation

EIN: 237131209 501(c)(3) Mental Health

Berkeley, CA

Total Revenue
$10,627,164
Total Expenses
$7,943,814
Total Assets
$24,298,743
Net Assets
$21,332,563
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
CA
Principal Officer
Kosta Markakis
Phone
5105266200
Tax Period
2024-07-01 to 2025-06-30

New Bridge Foundation, founded in 1971, is a mid-sized nonprofit in the Mental Health sector that reported $10.6M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 25% operating margin.

Mission

New Bridge Foundation provides high quality, culturally competent drug and alcohol services to adults and adolescents. The primary treatment goal of each of the New Bridge Foundation programs is to provide adults and adolescents with the education, support, and skills necessary to live productive and healthy lives without the use of drugs or alcohol.

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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 $9,756
Program Service Revenue $7,759,277
Investment Income $2,865,768
Other Revenue $-7,637
TOTAL REVENUE $10,627,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,901,560
Fundraising Expenses $0
Program Expenses $5,268,485
Other Expenses $3,042,254
TOTAL EXPENSES $7,943,814

Year-over-Year Comparison

2024 2023 Change
Revenue $10,627,164 $7,444,594 +0.4%
Expenses $7,943,814 $6,694,721 +0.2%
Net Income $2,683,350 $749,873 +2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
62
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
1
$340,901
Total Directors
10
$340,901
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kosta Markakis CEO 40.00
Officer Director
$312,500 $28,401 $340,901
Stephen V Brooks Chairperson 1.00
Director
$0 $0 $0
Johnny E Johns V Chairperson 1.00
Director
$0 $0 $0
Mildred Crear Rn Secr./Treasurer 1.00
Director
$0 $0 $0
William Segesta ESQ Member 1.00
Director
$0 $0 $0
Eric Greenleaf Phd Member 1.00
Director
$0 $0 $0
Neil Dickman Phd Member 1.00
Director
$0 $0 $0
Frank Staggers JrMd Member 1.00
Director
$0 $0 $0
Ladonna Harris Member 1.00
Director
$0 $0 $0
Marsha Robinson Member 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 $10,627,164 $7,943,814 $24,298,743 $2,683,350
2024 $7,444,594 $6,694,721 $25,084,033 $749,873
2023 $7,218,310 $6,074,475 $19,152,880 $1,143,835
2022 $7,197,307 $5,964,874 $17,894,970 $1,232,433
2021 $6,789,765 $5,331,752 $17,167,164 $1,458,013
2020 $5,622,905 $5,173,823 $15,056,118 $449,082
2019 $5,926,828 $5,092,097 $13,922,809 $834,731
2018 $5,809,484 $4,760,715 $13,206,875 $1,048,769
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