BRIDGEPOINTE INC

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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

2007

Legal Domicile

Principal Officer

SUE SIMCOX

Phone

2483479764

Tax Period

2024-01-01 to 2024-12-31

BRIDGEPOINTE INC, founded in 2007, is a micro nonprofit in the Education sector that reported $42K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7K, a strong 18% operating margin.

Mission

BRIDGEPOINTE IS DEDICATED TO EDUCATE, INSPIRE AND EMPOWER THE CHILDREN OF DETROIT AND ITS SURROUNDING SUBURBS THROUGH DIRECT PERSONAL EXPERIENCES AND LIVING RELATIONSHIPS.

Program Service Accomplishments

Program 1

Expenses: $22,638

FUNDS PROVIDED TO EDUCATION FACILITIES FOR EDUCATIONAL SEMINARS FOR TEACHERS, SCHOOL SUPPLIES, AND LUNCH PROGRAMS.

Program 2

Expenses: $10,514

ASSISTANCE TO FAMILIES OF INDIVIDUALS EXPERIENCING HARDSHIP, IN THE FORM OF FOOD, CLOTHING, HOUSEHOLD GOODS AND FURNITURE. IF NEEDED, ASSISTING WITH A ONE-TIME RENT OR CAR PAYMENT, OR A UTILITY BILL.

Program 3

N/A

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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 $39,835

Program Service Revenue $0

Investment Income $2,303

Other Revenue $0

TOTAL REVENUE $42,138

Expense Breakdown

Grants Paid $33,152

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,152

Other Expenses $1,564

TOTAL EXPENSES $34,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,138	$110,709	-0.6%
Expenses	$34,716	$108,379	-0.7%
Net Income	$7,422	$2,330	+2.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

400

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN EVANS	DIRECTOR	20.00	Director	$0	$0	$0
RENEE GRANT	DIRECTOR	2.00	Director	$0	$0	$0
DIANE POWERS	VP & SECRETARY	10.00	Officer Director	$0	$0	$0
DANI SEGAL	DIRECTOR	2.00	Director	$0	$0	$0
SUE SIMCOX	PRESIDENT	10.00	Officer Director	$0	$0	$0
KELLE VELA	TREASURER	2.00	Officer Director	$0	$0	$0
GEORGIANNA WESCOTT	DIRECTOR	2.00	Director	$0	$0	$0
COLLEEN ZVOSEC	DIRECTOR	10.00	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
2024	$42,138	$34,716	$554,726	$7,422
2023	$110,709	$108,379	$547,304	$2,330
2022	$130,171	$209,956	$438,446	$-79,785
2021	$111,048	$129,695	$510,139	$-18,647
2020	$128,109	$181,675	$526,944	$-53,566