BRIDGEPREP ACADEMY OF HOLLYWOOD INC

EIN: 463619104 501(c)(3)

HOLLYWOOD, FL

Total Revenue
$4,506,445
Total Expenses
$4,612,316
Total Assets
$2,756,278
Net Assets
$-316,474
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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
FL
Principal Officer
TOM SUTTERFIELD
Phone
3055958872
Tax Period
2022-07-01 to 2023-06-30

BRIDGEPREP ACADEMY OF HOLLYWOOD INC, founded in 2013, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2022. Revenue surged 843% from the prior year, signaling strong growth momentum.

Mission

BRIDGEPREP ACADEMY BELIEVES EVERY CHILD LEARNS BEST IN A SAFE, NURTURING AND STIMULATING ENVIRONMENT WHERE HIGH ACADEMIC EXPECTATIONS, SELF-ESTEEM, GOOD CHARACTER, AND AN APPRECIATION FOR THE ARTS ARE PROMOTED. BRIDGEPREP ACADEMYS MISSION IS TO PROVIDE A CHALLENGING ACADEMIC CURRICULUM THAT WILL ENCOMPASS AN ENRICHED SPANISH LANGUAGE PROGRAM, TECHNOLOGY AND EXPERIENCES THAT WILL ENABLE STUDENTS TO DEVELOP IN ALL AREAS. BRIDGEPREP ACADEMYS GOAL IS TO EDUCATE WELL ROUNDED INDIVIDUALS AND ENABLE STUDENTS TO REACH THEIR MAXIMUM POTENTIAL.

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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 $0
Program Service Revenue $4,395,831
Investment Income $0
Other Revenue $110,614
TOTAL REVENUE $4,506,445

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,674,696
Fundraising Expenses $0
Program Expenses $4,152,959
Other Expenses $1,937,620
TOTAL EXPENSES $4,612,316

Year-over-Year Comparison

2022 2021 Change
Revenue $4,506,445 $478,071 +8.4%
Expenses $4,612,316 $4,224,096 +0.1%
Net Income $-105,871 $-3,746,025 -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
6
Independent Members
6
Employees
95
Volunteers
175

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM SUTTERFIELD CHAIR 5.00
Officer Director
$0 $0 $0
ENID WEISMAN TREASURER 5.00
Officer Director
$0 $0 $0
CHRIS SNOWDEN SECRETARY 5.00
Officer Director
$0 $0 $0
LOU LOFRANCO DIRECTOR 5.00
Director
$0 $0 $0
LEAH BURTON DIRECTOR 5.00
Director
$0 $0 $0
CONNIE ARNOLD 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
2024 No data No data No data No data
2023 $4,506,445 $4,612,316 $2,756,278 $-105,871
2022 $3,887,713 $4,224,096 $2,833,409 $-336,383
2021 $5,569,010 $5,622,027 $377,547 $-53,017
2020 $5,026,575 $5,647,354 $554,687 $-620,779
2019 $5,717,314 $5,595,695 $1,025,607 $121,619
2018 $5,975,740 $5,693,908 $928,685 $281,832
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