BRIDGE YEAR EDUCATIONAL SERVICES

EIN: 464191801 501(c)(3) Education

BANGOR, ME

Total Revenue
$296,178
Total Expenses
$414,384
Total Assets
$1,251,859
Net Assets
$1,249,357
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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
ME
Principal Officer
BRIAN LANGLEY
Phone
2079425296
Tax Period
2024-07-01 to 2025-06-30

BRIDGE YEAR EDUCATIONAL SERVICES, founded in 2013, is a small nonprofit in the Education sector that reported $296K in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $414K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO DEVELOP AN EARLY COLLEGE PROGRAM THAT MEETS THE CRITERIA OF PUBLIC LAW 318 AND PROVIDES STUDENTS WITH THE OPPORTUNITY TO ENROLL IN DUAL ENROLLMENT COURSE WORK AT THEIR HIGH SCHOOL WHILE ALSO PARTICIPATING IN PROGRAM AT THE PARTNER CAREER & TECHNICAL EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $287,062
Investment Income $9,116
Other Revenue $0
TOTAL REVENUE $296,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $155,454
Fundraising Expenses $0
Program Expenses $321,969
Other Expenses $258,930
TOTAL EXPENSES $414,384

Year-over-Year Comparison

2024 2023 Change
Revenue $296,178 $168,315 +0.8%
Expenses $414,384 $365,134 +0.1%
Net Income $-118,206 $-196,819 -0.4%
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
13
Independent Members
N/A
Employees
3
Volunteers
N/A

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN BOWEN DIRECTOR N/A
Director
$0 $0 $0
TONY BRINKLEY DIRECTOR N/A
Director
$0 $0 $0
ROBERT CALLAHAN VICE CHAIR N/A
Officer Director
$0 $0 $0
RALPH CHAPMAN SECRETARY/TR N/A
Officer Director
$0 $0 $0
JAMES WARD IV DIRECTOR N/A
Director
$0 $0 $0
CHRISTINE KNIGHT DIRECTOR N/A
Director
$0 $0 $0
DWIGHT LITTLEFIELD DIRECTOR N/A
Director
$0 $0 $0
DR MARGARET LUKENS DIRECTOR N/A
Director
$0 $0 $0
PAMELA MACRAE DIRECTOR N/A
Director
$0 $0 $0
AMANDA PETERSON BOARD CHAIR N/A
Officer Director
$0 $0 $0
HUGH PORTER DIRECTOR N/A
Director
$0 $0 $0
MATT POULIOT DIRECTOR N/A
Director
$0 $0 $0
STEPHEN RICH DIRECTOR N/A
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 $296,178 $414,384 $1,251,859 $-118,206
2024 $168,315 $365,134 $1,368,317 $-196,819
2023 $50,386 $311,573 $1,567,636 $-261,187
2022 $205,463 $338,580 $1,899,185 $-133,117
2021 $351,045 $267,788 $1,995,997 $83,257
2020 $324,194 $328,104 $1,878,472 $-3,910
2019 $340,990 $286,978 $1,890,176 $54,012
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