BRIDGE IMPACT CAPITAL (EIN 593795727) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

KENNETH LOMBARD

Phone

4159891111

Tax Period

2023-01-01 to 2023-12-31

BRIDGE IMPACT CAPITAL, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $68K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $972K exceeded revenue, resulting in a 1333% operating deficit.

Mission

MISSION: THIS ORGANIZATION SUPPORTS BRIDGE HOUSING CORPORATION (BRIDGE). BRIDGE STRENGTHENS COMMUNITIES BY DEVELOPING, OWNING AND MANAGING HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS.VISION:* BRIDGE STRENGTHENS COMMUNITIES AND CREATES OPPORTUNITIES FOR WORKING FAMILIES AND SENIORS, BEGINNING BUT NOT ENDING WITH HOUSING.* BRIDGE IS A LEADER AND INNOVATOR IN THE MISSION-DRIVEN BUSINESS OF EFFECTIVE PRODUCTION, OPERATION AND OWNERSHIP OF AFFORDABLE AND MIXED-INCOME HOUSING.* BRIDGE EARNS THE HIGHEST DEGREE OF CUSTOMER SATISFACTION FROM ALL STAKEHOLDERS, INCLUDING RESIDENTS, NEIGHBORS, INVESTORS, TAXPAYERS, PRIVATE- AND PUBLIC-SECTOR PARTNERS, AND EMPLOYEES.* BRIDGE IS THE GO-TO DEVELOPER AND OWNER FOR PUBLIC OFFICIALS, INVESTORS AND COMMUNITIES SEEKING AN ARRAY OF HOUSING SOLUTIONS, AND IT DELIVERS RESULTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,000

Program Service Revenue $31,205

Investment Income $10,127

Other Revenue $5,540

TOTAL REVENUE $67,872

Expense Breakdown

Grants Paid $935,944

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $960,857

Other Expenses $36,372

TOTAL EXPENSES $972,316

Year-over-Year Comparison

	2023	2022	Change
Revenue	$67,872	$52,201	+0.3%
Expenses	$972,316	$67,365	+13.4%
Net Income	$-904,444	$-15,164	+58.6%

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

Governance

Voting Members

Independent Members

N/A

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

$3,030,789

Total Directors

$3,030,789

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DELPHINE SHERMAN	VICE PRESIDENT/CFO	1.00	Officer Director	$0	$120,312	$537,816
JAMES MATHER	VICE PRESIDENT	1.00	Officer Director	$0	$108,335	$513,728
KENNETH LOMBARD	PRESIDENT	1.00	Officer Director	$0	$47,242	$1,055,151
REBECCA HLEBASKO	VICE PRESIDENT/SECRETARY	1.00	Officer Director	$0	$100,838	$509,625
SIERRA ATILANO	VICE PRESIDENT	1.00	Officer Director	$0	$48,028	$414,469

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	$67,872	$972,316	$1,086,259	$-904,444
2022	$52,201	$67,365	$1,995,455	$-15,164
2021	$105,395	$74,746	$2,034,095	$30,649
2020	$200,959	$223,650	$2,188,825	$-22,691
2019	$131,163	$350,270	$2,371,452	$-219,107
2018	$821,262	$663,350	$9,132,309	$157,912

BRIDGE IMPACT CAPITAL