BRIDGES TO HOUSING STABILITY INC

EIN: 521723716 501(c)(3) Housing & Shelter

COLUMBIA, MD

Total Revenue
$3,699,288
Total Expenses
$3,188,693
Total Assets
$9,185,997
Net Assets
$7,357,587
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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
1990
Legal Domicile
MD
Principal Officer
JENNIFER BRODERICK
Phone
4103125760
Tax Period
2023-07-01 to 2024-06-30

BRIDGES TO HOUSING STABILITY INC, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $3.7M in total revenue in fiscal year 2023. Expenses of $3.2M left a modest 14% surplus.

Mission

PROVIDES ASSISTANCE TO LOW-INCOME HOUSEHOLDS EXPERIENCING HOMELESSNESS AND THOSE WITH HOUSING INSTABILITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,961,095
Program Service Revenue $589,682
Investment Income $22,505
Other Revenue $126,006
TOTAL REVENUE $3,699,288

Expense Breakdown

Grants Paid $917,763
Salaries & Benefits $1,124,444
Fundraising Expenses $69,230
Program Expenses $2,508,716
Other Expenses $1,146,486
TOTAL EXPENSES $3,188,693

Year-over-Year Comparison

2023 2022 Change
Revenue $3,699,288 $3,750,890 0.0%
Expenses $3,188,693 $3,103,175 +0.0%
Net Income $510,595 $647,715 -0.2%
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
11
Independent Members
11
Employees
21
Volunteers
72

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
5
$109,211
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER BRODERICK EXECUTIVE DIRECTOR 40.00
Officer
$105,635 $3,576 $109,211
REID SPEARMAN CHAIR 2.00
Officer Director
$0 $0 $0
PATRICK CURRAN VICE CHAIR 2.00
Officer Director
$0 $0 $0
RUTH HOANG TREASURER 2.00
Officer Director
$0 $0 $0
DONA OLDFIELD SECRETARY 1.00
Officer Director
$0 $0 $0
ALICE GAIL POLLARD CLARK DIRECTOR 0.50
Director
$0 $0 $0
WAQAS HUSSAIN DIRECTOR 1.00
Director
$0 $0 $0
SARA JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
ROGERS LEWIS DIRECTOR 0.50
Director
$0 $0 $0
TONIANN MENDELZON DIRECTOR 0.50
Director
$0 $0 $0
KATHY O'DONOVAN DIRECTOR 0.50
Director
$0 $0 $0
NATASHA RAMBURG DIRECTOR 0.50
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 No data No data No data No data
2024 $3,699,288 $3,188,693 $9,185,997 $510,595
2023 $3,750,890 $3,103,175 $8,623,812 $647,715
2022 $5,512,925 $3,931,458 $7,020,333 $1,581,467
2021 $3,262,849 $2,708,240 $5,509,063 $554,609
2020 $2,710,889 $2,107,410 $4,776,790 $603,479
2019 $2,836,986 $2,027,601 $3,715,809 $809,385
2018 $2,429,280 $1,778,146 $2,795,730 $651,134
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