THE BRIDGESPAN GROUP INC (EIN 311625487) - 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

1998

Legal Domicile

Principal Officer

WILLIAM FOSTER

Phone

6175722833

Tax Period

2023-01-01 to 2023-12-31

THE BRIDGESPAN GROUP INC, founded in 1998, is a mid-sized nonprofit in the Community Improvement sector that reported $84.8M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $94.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

BRIDGESPAN'S MISSION IS TO BUILD A BETTER WORLD BY STRENGTHENING THE ABILITY OF MISSION-DRIVEN ORGANIZATIONS AND PHILANTHROPISTS TO ACHIEVE BREAKTHROUGH RESULTS IN ADDRESSING SOCIETY'S MOST IMPORTANT CHALLENGES AND OPPORTUNITIES.

🔒

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 $8,150,348

Program Service Revenue $70,984,075

Investment Income $5,480,062

Other Revenue $148,535

TOTAL REVENUE $84,763,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,707,356

Fundraising Expenses $685,206

Program Expenses $79,334,611

Other Expenses $21,169,763

TOTAL EXPENSES $94,877,119

Year-over-Year Comparison

	2023	2022	Change
Revenue	$84,763,020	$102,484,601	-0.2%
Expenses	$94,877,119	$73,915,481	+0.3%
Net Income	$-10,114,099	$28,569,120	-1.4%

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

432

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

$1,120,461

Total Directors

$1,035,747

Key Employees

$3,547,121

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM FOSTER	MANAGING PARTNER	50.00	Officer Director	$466,915	$46,373	$513,288
JEFFREY L BRADACH	PARTNER/TRUSTEE	50.00	Director	$445,050	$44,632	$489,682
THOMAS J TIERNEY	CHAIRMAN	20.00	Officer Director	$0	$32,777	$32,777
FRED BLACKWELL	TRUSTEE	1.00	Director	$0	$0	$0
DAN CARDINALI	TRUSTEE (UNTIL DEC. 2023)	1.00	Director	$0	$0	$0
MAYA CHORENGEL	TRUSTEE	1.00	Director	$0	$0	$0
JOHN DONAHOE	TRUSTEE (UNTIL NOV. 2023)	1.00	Director	$0	$0	$0
CHERYL DORSEY	TRUSTEE	1.00	Director	$0	$0	$0
KARA GRUVER	TRUSTEE	1.00	Director	$0	$0	$0
GREG GUNN	TRUSTEE	1.00	Director	$0	$0	$0
JULIA LOPEZ	TRUSTEE	1.00	Director	$0	$0	$0
MANNY MACEDA	TRUSTEE	1.00	Director	$0	$0	$0
NITIN NOHRIA	TRUSTEE	1.00	Director	$0	$0	$0
NDIDI OKONKWO NWUNELI	TRUSTEE	1.00	Director	$0	$0	$0
REBECCA RIMEL	TRUSTEE	1.00	Director	$0	$0	$0
AMANDA TAFT-PEARMAN	PARTNER & COO & TREASURER	50.00	Officer	$389,725	$71,664	$461,389
JAMES LUM UNTIL FEB 2023	PARTNER/CHIEF FINAN & INFO OFFICER	50.00	Officer	$113,007	$0	$113,007
NIDHI SAHNI	PARTNER	50.00	Key Emp	$398,162	$69,003	$467,165
PREETA NAYAK	PARTNER	50.00	Key Emp	$356,911	$67,490	$424,401
JAN SCHWIER	PARTNER	50.00	Key Emp	$345,694	$50,417	$396,111
GAIL PERREAULT	PARTNER	50.00	Key Emp	$349,075	$45,352	$394,427
ALEX NEUHOFF	PARTNER	50.00	Key Emp	$329,075	$45,436	$374,511
NITHIN IYENGAR	PARTNER	50.00	Key Emp	$328,865	$45,546	$374,411
PETER KIM	CHIEF PEOPLE CULTURE OFFICER	50.00	Key Emp	$321,738	$52,069	$373,807
ALLANA JACKSON	PARTNER (UNTIL OCT. 2023)	50.00	Key Emp	$315,036	$41,072	$356,108
STEPHANIE KATER	PARTNER	25.00	Key Emp	$176,201	$59,777	$386,180
PAUL ROSENBERG	PARTNER	50.00	Highest	$342,824	$45,288	$388,112
WILLA SELDON	PARTNER	50.00	Highest	$343,403	$43,767	$387,170
KRISTEN LOUREIRO	PARTNER	50.00	Highest	$299,281	$67,513	$366,794
DARREN J ISOM	PARTNER	50.00	Highest	$295,674	$45,093	$340,767
ROHIT MENEZES	PARTNER	50.00	Highest	$294,411	$45,715	$340,126
WILLIAM COWEN UNTIL APRIL 2023	FORMER SENIOR FINANCE DIRECTOR	50.00		$187,148	$31,700	$218,848

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	$84,763,020	$94,877,119	$203,549,391	$-10,114,099
2022	$102,484,601	$73,915,481	$204,720,602	$28,569,120
2021	$94,948,133	$62,048,454	$174,186,501	$32,899,679
2020	$118,468,231	$54,604,992	$135,704,175	$63,863,239
2019	$54,704,306	$54,067,964	$68,749,194	$636,342
2018	$36,612,929	$50,565,034	$63,600,879	$-13,952,105

THE BRIDGESPAN GROUP INC