THE BAIL PROJECT INC

EIN: 814985512 501(c)(3) Crime & Legal

VENICE, CA

Total Revenue
$6,453,800
Total Expenses
$13,872,645
Total Assets
$59,234,307
Net Assets
$58,284,279
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NY
Principal Officer
DAVID GASPAR
Phone
3233660799
Tax Period
2024-07-01 to 2025-06-30

THE BAIL PROJECT INC, founded in 2016, is a community nonprofit in the Crime & Legal sector that reported $6.5M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $13.9M exceeded revenue, resulting in a 115% operating deficit.

Mission

THE BAIL PROJECT ("TBP") IS A NATIONAL NONPROFIT ORGANIZATION THAT PAYS BAIL FOR PEOPLE IN NEED, REUNITING FAMILIES AND RESTORING THE PRESUMPTION OF INNOCENCE. SEE SCHEDULE O FOR CONTINUATIONTBP POSTS BAIL ON BEHALF OF THEIR CLIENTS AND HELPS THEM RETURN TO COURT BY PROVIDING REMINDERS OF THEIR COURT APPEARANCES, HELPING SOLVE PROBLEMS THAT PREVENT APPEARANCES IN COURT, AND MAKING REFERRALS TO SERVICES ON A VOLUNTARY BASIS.

Program Service Accomplishments

Program 1
Expenses: $10,270,968

WITH OVER EIGHT YEARS OF OPERATIONS, THE BAIL PROJECT HAS PROVIDED MORE THAN $91 MILLION IN FREE BAIL ASSISTANCE, AND SERVED OVER 39,000 INDIVIDUALS THROUGH FISCAL YEAR 2025. CLIENTS RECEIVING FREE...

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WITH OVER EIGHT YEARS OF OPERATIONS, THE BAIL PROJECT HAS PROVIDED MORE THAN $91 MILLION IN FREE BAIL ASSISTANCE, AND SERVED OVER 39,000 INDIVIDUALS THROUGH FISCAL YEAR 2025. CLIENTS RECEIVING FREE BAIL ASSISTANCE FROM THE BAIL PROJECT RETURNED TO COURT 92% OF THE TIME AND NEARLY ONE-THIRD HAD ALL OF THEIR CASES DISMISSED, OFFERING FURTHER EVIDENCE THAT CASH BAIL IS NOT A NECESSARY INCENTIVE TO ENSURE PEOPLE RETURN TO COURT. THIS HIGH RETURN TO COURT RATE CONTINUES TO ENSURE THE SUSTAINABILITY OF THE BAIL PROJECT'S NATIONAL REVOLVING BAIL FUND WITH 89% OF BAIL PAYMENTS RETURNING AFTER CASES CLOSE, ALLOWING THE ORGANIZATION TO HELP ADDITIONAL PEOPLE. SEE SCHEDULE O FOR CONTINUATIONFISCAL YEAR 25 WAS FURTHER MARKED BY KEY GAINS IN OUR ADVOCACY AND NARRATIVE CHANGE EFFORTS: THE BAIL PROJECT SECURED CRITICAL DUE PROCESS PROTECTIONS IN TEXAS; SHARED STORIES OF OUR IMPACT ON CLIENTS AND EVIDENCE-BASED SOLUTIONS THROUGH 19 OPINION PIECES AND MORE THAN 75 APPEARANCES IN MAJOR MEDIA OUTLETS; PUBLISHED TWO LANDMARK REPORTS, BEYOND BAIL: A NATIONAL SURVEY OF PRETRIAL JUSTICE REFORM IN THE UNITED STATES AND THE FALSE PROMISE OF BAIL: AN ANALYSIS OF PRETRIAL RELEASE MECHANISMS AND COURT APPEARANCE IN TULSA COUNTY, OKLAHOMA; AND BLOCKED TWO EFFORTS IN FLORIDA AND OKLAHOMA TO PASS HARMFUL REGULATIONS THAT WOULD HAVE THREATENED OUR WORK.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,651,186
Program Service Revenue $0
Investment Income $1,778,041
Other Revenue $24,573
TOTAL REVENUE $6,453,800

Expense Breakdown

Grants Paid $509,730
Salaries & Benefits $10,160,787
Fundraising Expenses $998,979
Program Expenses $10,270,968
Other Expenses $3,202,128
TOTAL EXPENSES $13,872,645

Year-over-Year Comparison

2024 2023 Change
Revenue $6,453,800 $10,226,096 -0.4%
Expenses $13,872,645 $14,332,906 0.0%
Net Income $-7,418,845 $-4,106,810 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
105
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
7
$511,968
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL E NOVOGRATZ CHAIR 1.00
Officer Director
$0 $0 $0
ELIZABETH LUCKETT TO 1224 VICE CHAIR 1.00
Officer Director
$0 $0 $0
LILI LYNTON VICE CHAIR 1.00
Officer Director
$0 $0 $0
ZACHARY HERZ-ROIPHE TREASURER 1.00
Officer Director
$0 $0 $0
BRANDON BUSKEY SECRETARY 1.00
Officer Director
$0 $0 $0
REGINALD BETTS BOARD MEMBER 1.00
Director
$0 $0 $0
LISA GERSH BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH RIDDICK AS OF 525 BOARD MEMBER 1.00
Director
$0 $0 $0
VINCENT SOUTHERLAND BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN STEINBERG BOARD MEMBER 1.00
Director
$0 $0 $0
FRANKLIN CRUZ CFO & ASSISTANT SECRETARY 40.00
Officer
$204,485 $27,547 $232,032
DAVID GASPAR CHIEF EXECUTIVE OFFICER 40.00
Officer
$253,499 $26,437 $279,936
BRADLEY DUDDING CHIEF IMPACT OFFICER 40.00
Highest
$225,368 $47,337 $272,705
CAMILO RAMIREZ DIRECTOR OF COMMUNICATIONS 40.00
Highest
$190,496 $47,016 $237,512
KAITLIN KOGA CHIEF OPERATING OFFICER 40.00
Highest
$218,785 $18,161 $236,946
TARA WATFORD CHIEF DATA OFFICER 40.00
Highest
$194,222 $21,298 $215,520
KATHERINE POOR GENERAL COUNSEL/ASSISTANT SECRETARY 40.00
Highest
$198,088 $8,601 $206,689
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 $6,453,800 $13,872,645 $59,234,307 $-7,418,845
2024 $10,226,096 $14,332,906 $68,529,635 $-4,106,810
2023 $14,128,946 $18,282,380 $72,620,957 $-4,153,434
2022 $18,509,125 $17,785,395 $80,433,610 $723,730
2022 $18,509,125 $17,785,395 $80,433,610 $723,730
2021 $33,652,525 $12,570,667 $81,903,405 $21,081,858
2020 $41,920,710 $9,042,321 $63,446,548 $32,878,389
2019 $14,954,074 $4,818,332 $31,776,136 $10,135,742
2018 $24,783,751 $1,330,490 $22,547,817 $23,453,261
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