New Bridge Homes Inc (EIN 462332397) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

Ted DeVantier

Phone

5864694480

Tax Period

2024-10-01 to 2025-09-30

New Bridge Homes Inc, founded in 2013, is a micro nonprofit in the Community Improvement sector that reported $89K in total revenue in fiscal year 2024. The organization ran a surplus of $21K, a strong 23% operating margin.

Mission

Non-profit title holding company for Macomb Residential Opportunities Inc.

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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 $0

Program Service Revenue $88,900

Investment Income $0

Other Revenue $0

TOTAL REVENUE $88,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,248

Other Expenses $68,248

TOTAL EXPENSES $68,248

Year-over-Year Comparison

	2024	2023	Change
Revenue	$88,900	$84,399	+0.1%
Expenses	$68,248	$72,399	-0.1%
Net Income	$20,652	$12,000	+0.7%

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

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

$140,728

Total Directors

$140,728

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Lundquist	President	1.00	Officer Director	$0	$0	$0
Ted DeVantier	Secretary	1.00	Officer Director	$0	$1,663	$140,728
Owen Pfaendtner	Treasurer	1.00	Officer 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	$88,900	$68,248	$412,279	$20,652
2024	$84,399	$72,399	$464,997	$12,000
2023	$83,862	$63,982	$460,292	$19,880
2022	$73,150	$88,440	$444,814	$-15,290
2021	$71,830	$70,251	$461,320	$1,579
2020	$68,010	$60,102	$475,409	$7,908
2019	$60,660	$42,281	$482,509	$18,379
2018	$58,660	$57,671	$490,961	$989

New Bridge Homes Inc