New Bridges For Haitian Success Inc

EIN: 462853080 501(c)(3) Public & Societal Benefit

Providence, RI

Total Revenue
$470,033
Total Expenses
$411,931
Total Assets
$152,441
Net Assets
$137,441
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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
RI
Phone
4019995541
Tax Period
2022-01-01 to 2022-12-31

New Bridges For Haitian Success Inc, founded in 2013, is a small nonprofit in the Public & Societal Benefit sector that reported $470K in total revenue in fiscal year 2022. Revenue surged 107% from the prior year, signaling strong growth momentum. Expenses of $412K left a modest 12% surplus.

Mission

To empower and serve the Haitian and Afro-Caribbean community by providing culturally attuned direct programs, legal services, basic needs, and partnerships.

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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 (2022)

Revenue Breakdown

Contributions & Grants $470,033
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $470,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,629
Fundraising Expenses $911
Program Expenses $311,216
Other Expenses $247,302
TOTAL EXPENSES $411,931

Year-over-Year Comparison

2022 2021 Change
Revenue $470,033 $227,109 +1.1%
Expenses $411,931 $167,893 +1.5%
Net Income $58,102 $59,216 0.0%
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
9
Independent Members
8
Employees
2
Volunteers
15

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
0
$0
Total Directors
9
$128,920
Key Employees
1
$128,920
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bernard Georges Executive Director 40.00
Director Key Emp
$128,920 $0 $128,920
Rodney Derogene Director 5.00
Director
$0 $0 $0
Depestre Rosener Director 5.00
Director
$0 $0 $0
Valery Desrosiers Director 5.00
Director
$0 $0 $0
Wadner Pierre Director 5.00
Director
$0 $0 $0
David Georges Director 5.00
Director
$0 $0 $0
Yolande Jean Pierre Director 5.00
Director
$0 $0 $0
Jocelyn Tavarez Director 5.00
Director
$0 $0 $0
Palmitho Thelfort Director 5.00
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
2023 No data No data No data No data
2022 $470,033 $411,931 $152,441 $58,102
2021 $227,109 $167,893 $85,384 $59,216
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