BRIDGE ROCKFORD ALLIANCE

🔒

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

2011

Legal Domicile

Principal Officer

JEFF DIBENEDETTO

Phone

8154898706

Tax Period

2023-10-01 to 2024-09-30

BRIDGE ROCKFORD ALLIANCE, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $106K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $338K exceeded revenue, resulting in a 220% operating deficit.

Mission

TO CREATE, OWN, DEVELOP, CONSTRUCT, SERVICE AND/OR MANAGE AFFORDABLE HOUSING FOR THE RESIDENTS OF WINNEBAGO COUNTY, IL. TO ALSO PROVIDE COMMUNITY AND SOCIAL SERVICES TO THE RESIDENTS OF AFFORDABLE HOUSING IN WINNEBAGO COUNTY, IL.

Program Service Accomplishments

Program 1

Expenses: $330,803 Revenue: $105,732

TO FACILITATE THE PROVISION OF SERVICES TO INDIVIDUALS THROUGH THECREATION OF SAFE, DECENT, SANITARY, AND AFFORDABLE HOUSING TO THERESIDENTS OF THE CITY OF ROCKFORD, WINNEBAGO COUNTY, ILLINOIS.

🔒

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 $0

Program Service Revenue $105,732

Investment Income $0

Other Revenue $0

TOTAL REVENUE $105,732

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $330,803

Other Expenses $338,407

TOTAL EXPENSES $338,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$105,732	$137,433	-0.2%
Expenses	$338,407	$253,536	+0.3%
Net Income	$-232,675	$-116,103	+1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF DIBENEDETTO	CHAIRMAN	0.30	Officer Director	$0	$0	$0
ANISHA GRIMMETT	VICE CHAIR	0.30	Officer Director	$0	$0	$0
JAMIE SANCHEZ	COMMISSIONER	0.30	Director	$0	$0	$0
SIMONE CAMERON	COMMISSIONER	0.30	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	$105,732	$338,407	$1,906,439	$-232,675
2023	$137,433	$253,536	$2,055,256	$-116,103
2022	$152,140	$251,868	$2,221,450	$-99,728
2021	$304,092	$232,431	$2,283,573	$71,661
2020	$169,983	$155,534	$2,249,648	$14,449
2019	$114,515	$259,949	$2,272,201	$-145,434
2018	$143,577	$227,228	$2,417,851	$-83,651