SOLIDARITY BRIDGE INC

EIN: 364481213 501(c)(3) Health Care

Evanston, IL

Total Revenue
$2,917,472
Total Expenses
$2,908,436
Total Assets
$1,057,836
Net Assets
$978,136
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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
IL
Tax Period
2023-01-01 to 2023-12-31

SOLIDARITY BRIDGE INC, founded in 2002, is a community nonprofit in the Health Care sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

Solidarity Bridge is a nonprofit based in Evanston, IL doing work in Latin America. In a spirit of solidarity, we partner with communities in Boliva and Paraguay to increase access to safe, affordable surgery and other essential health care.

Program Service Accomplishments

Program 1
Expenses: $2,605,548 Revenue: $2,917,472

Solidarity Bridge provides critical medical care and Fair Trade commerce for impoverished peopleof Bolivia and Paraguay. In 2023, 1,976 patients were treated. A total of 465 surgeries(including...

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Solidarity Bridge provides critical medical care and Fair Trade commerce for impoverished peopleof Bolivia and Paraguay. In 2023, 1,976 patients were treated. A total of 465 surgeries(including heart, gyne, neuro, and general surgeries) were made possible through the financial,material and managerial support of Solidarity Bridge. Surgeries were performed in year-roundprograms. We donated services and equipment/supplies valued over $1.6 million. Additionally, ourFair Trade Program Project provided a living wage to dozens of workers in cooperatives via$42,583 in wages paid to them for exports to USA markets.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,938,737
Program Service Revenue $0
Investment Income $6,416
Other Revenue $-27,681
TOTAL REVENUE $2,917,472

Expense Breakdown

Grants Paid $357,283
Salaries & Benefits $578,171
Fundraising Expenses $133,934
Program Expenses $2,605,548
Other Expenses $1,972,982
TOTAL EXPENSES $2,908,436

Year-over-Year Comparison

2023 2022 Change
Revenue $2,917,472 $2,037,847 +0.4%
Expenses $2,908,436 $2,278,096 +0.3%
Net Income $9,036 $-240,249 -1.0%
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

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Governance

Voting Members
18
Independent Members
17
Employees
8
Volunteers
74

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
5
$95,138
Total Directors
15
$95,138
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN RHOMBERG EXECUTIVE DIRECTOR 40.00
Officer Director
$68,466 $26,672 $95,138
CHRIS TIRRES BOARD MEMBER 1.00
Director
$0 $0 $0
ENRIQUE VIA-REQUE BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD MOSER BOARD MEMBER 1.00
Director
$0 $0 $0
LISIANE PEREIRA BOARD MEMBER 1.00
Director
$0 $0 $0
JORGE CAVERO BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC RHODES BOARD MEMBER 1.00
Director
$0 $0 $0
DONNA WOLOWICKI BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN TUFTS BOARD MEMBER 1.00
Director
$0 $0 $0
MONICA JOSEPH-GRIFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN FOY BOARD MEMBER 1.00
Director
$0 $0 $0
ALVARO ENCINAS BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE FLANAGAN BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT CASEY BOARD MEMBER 1.00
Director
$0 $0 $0
DALE GRANCHALEK BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN CLARKE CHAIRMAN 1.00
Officer
$0 $0 $0
CYNTHIA JUDGE SECRETARY 1.00
Officer
$0 $0 $0
GAY GARRETT MEDICAL DIRECTOR 1.00
Officer
$0 $0 $0
KURT FLORIAN TREASURER 1.00
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 No data No data No data No data
2023 $2,917,472 $2,908,436 $1,057,836 $9,036
2022 $2,037,847 $2,278,096 $949,607 $-240,249
2021 $2,220,565 $2,625,644 $689,119 $-405,079
2020 $2,299,924 $1,963,629 $1,068,485 $336,295
2019 $1,848,807 $1,513,499 $734,154 $335,308
2018 $2,852,973 $2,859,810 $426,144 $-6,837
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