BRIDGE THE GAP INC (EIN 592698951) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

YVONNE M LANE

Phone

9043141035

Tax Period

2024-01-01 to 2024-12-31

BRIDGE THE GAP INC, founded in 1984, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

PROVIDE PERSONAL SERVICES TO THE ELDERLY PERSONS WITH DISABILITIES SERVICES INCLUDING PROVIDING FOOD CLOTHING TRANSPORTATION ETC

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,408,134

Program Service Revenue $0

Investment Income $18

Other Revenue $0

TOTAL REVENUE $2,408,152

Expense Breakdown

Grants Paid $2,338,476

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,388,780

Other Expenses $65,768

TOTAL EXPENSES $2,404,244

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,408,152	$2,093,518	+0.2%
Expenses	$2,404,244	$2,102,578	+0.1%
Net Income	$3,908	$-9,060	-1.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMOS HARVEY	DIRECTOR	16.00	Director	$0	$0	$0
NICHOLAS PALMIERI	DIRECTOR	12.00	Director	$0	$0	$0
TONETTA BYNES	Director	12.00	Officer Director	$0	$0	$0
JAMES CLOWER	Director	20.00	Officer Director	$0	$0	$0
AMERICUS SPENSER	Director	4.00	Director	$0	$0	$0
SYRITA FRINKS	DIRECTOR	8.00	Director	$0	$0	$0
CHIMERE N PELLOT	DIRECTOR	8.00	Director	$0	$0	$0
YVONNE M LANE	DIRECTOR	38.00	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
2024	$2,408,152	$2,404,244	$21,611	$3,908
2023	$2,093,518	$2,102,578	$19,793	$-9,060
2022	$39,007	$60,680	$9,892	$-21,673
2020	$30,077	$17,420	$11,814	$12,657

BRIDGE THE GAP INC