BRIDGE HOUSE CORPORATION (EIN 726027674) - 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

1957

Legal Domicile

Principal Officer

KEVIN GARDERE

Phone

5045224475

Tax Period

2024-01-01 to 2024-12-31

BRIDGE HOUSE CORPORATION, founded in 1957, is a community nonprofit in the Mental Health sector that reported $9.4M in total revenue in fiscal year 2024. Net assets of $24.9M represent 32 months of operating reserves.

Mission

THE MISSION OF BRIDGE HOUSE-GRACE HOUSE IS TO PROVIDE GENDER-SENSITIVE, LONG-TERM RESIDENTIAL TREATMENT TO PEOPLE WHO HAVE BECOME DEPENDENT ON ALCOHOL OR DRUGS SO THAT THEY MAY LEAD SOBER AND PRODUCTIVE LIVES. SERVICES ARE PROVIDED REGARDLESS OF ONE'S ABILITY TO PAY AND OFFERED IN AN ATMOSPHERE THAT PROMOTES DIGNITY, HONOR AND RESPECT. IN 2024, WE PROVIDED SERVICES TO 417 MEN AND 316 WOMEN.

🔒

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 $5,657,414

Program Service Revenue $3,053,955

Investment Income $633,213

Other Revenue $27,666

TOTAL REVENUE $9,372,248

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,635,787

Fundraising Expenses $249,859

Program Expenses $8,280,257

Other Expenses $3,933,234

TOTAL EXPENSES $9,569,021

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,372,248	$9,538,492	0.0%
Expenses	$9,569,021	$9,825,341	0.0%
Net Income	$-196,773	$-286,849	-0.3%

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

167

Volunteers

148

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

$246,690

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG ROMIG	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY COMMANDER	BOARD MEMBER	1.00	Director	$0	$0	$0
WALTON GOLDRING	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL POU	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
D SCOTT CRABTREE	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH KATZ	BOARD MEMBER	1.00	Director	$0	$0	$0
H ELDER GWIN	TREASURER	2.00	Officer Director	$0	$0	$0
SUSAN TYLER	SECRETARY	2.00	Officer Director	$0	$0	$0
DANIEL LAGRONE	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFFREY HAIGLER	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNE RAYMOND	BOARD MEMBER	1.00	Director	$0	$0	$0
RYAN KRUSE	BOARD MEMBER	1.00	Director	$0	$0	$0
IGGY PERRIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SUZANNE RUSOVICH	BOARD MEMBER	1.00	Director	$0	$0	$0
SHARONDA WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
ELLY ZAKRIS MD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHIP VERGES	BOARD MEMBER	1.00	Director	$0	$0	$0
WALTER WRIGHT	CHIEF FINANCIAL OFFICER	40.00	Officer	$111,275	$0	$111,275
KEVIN GARDERE	CEO & EXECUTIVE DIRECTOR O	40.00	Officer	$119,350	$16,065	$135,415

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	$9,372,248	$9,569,021	$26,194,900	$-196,773
2023	$9,538,492	$9,825,341	$26,075,835	$-286,849
2022	$13,156,719	$8,873,470	$29,764,352	$4,283,249
2021	$10,048,058	$7,743,250	$26,781,253	$2,304,808
2020	$7,677,994	$6,728,539	$25,363,080	$949,455
2019	$7,321,450	$7,557,177	$23,099,396	$-235,727
2018	$8,037,509	$6,991,774	$23,591,532	$1,045,735

BRIDGE HOUSE CORPORATION