BRIDGING THE GAP OF NC

EIN: 510669087 501(c)(3)

Gastonia, NC

Total Revenue
$432,906
Total Expenses
$434,174
Total Assets
$1,770
Net Assets
$1,770
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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
2008
Principal Officer
VERONDA BELLAMY
Phone
7042222928
Tax Period
2018-01-01 to 2018-12-31

BRIDGING THE GAP OF NC, founded in 2008, is a small nonprofit that reported $433K in total revenue in fiscal year 2018. Revenue surged 3777% from the prior year, signaling strong growth momentum.

Mission

PROVIDE EDUCATION, PREVENTION, INTERVENTION TO FOSTER FAMILY AND COMMUNITY WELLNESS TO VETERANS, ADULTS AND ADOLESCENCES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $432,906
Investment Income $0
Other Revenue $0
TOTAL REVENUE $432,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,770
Fundraising Expenses $0
Program Expenses $434,174
Other Expenses $147,404
TOTAL EXPENSES $434,174

Year-over-Year Comparison

2018 2017 Change
Revenue $432,906 $11,165 +37.8%
Expenses $434,174 $11,165 +37.9%
Net Income $-1,268 N/A N/A
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
4
Independent Members
4
Employees
38
Volunteers
5

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
1
$49,300
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERONDA BELLAMY EXECUTIVE DIRECTOR 040.00
Director Highest
$49,300 $0 $49,300
MARTHA BROOKS BOARD MEMBER 002.00
Officer
$0 $0 $0
NICHOLAS BELLAMY BOARD MEMBER 005.00
Officer
$0 $0 $0
SHIRLENE ALEXANDER BOARD MEMBER 002.00
Officer
$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
2018 $432,906 $434,174 $1,770 $-1,268
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