THE BRIDGE MUSIC PROJECT (EIN 821633999) - 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

2017

Legal Domicile

Principal Officer

BOBBY WILLIAMS

Phone

5743091484

Tax Period

2024-07-01 to 2025-06-30

THE BRIDGE MUSIC PROJECT, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $375K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $132K, a strong 35% operating margin.

Mission

PROMOTING THE VALUES OF TEAMWORK, ACCOUNTABILITY, LEADERSHIP, COLLABORATION, EMPATHY, AND SELF-UNDERSTANDING THROUGH SONG-WRITING WORKSHOPS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $370,947

Program Service Revenue $0

Investment Income $4,432

Other Revenue $0

TOTAL REVENUE $375,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,126

Fundraising Expenses $0

Program Expenses $170,393

Other Expenses $88,185

TOTAL EXPENSES $243,311

Year-over-Year Comparison

	2024	2023	Change
Revenue	$375,379	$422,142	-0.1%
Expenses	$243,311	$234,765	+0.0%
Net Income	$132,068	$187,377	-0.3%

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

Employees

Volunteers

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

$87,241

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBY WILLIAMS	EXECUTIVE DI	40.00	Officer	$87,241	$0	$87,241
CLARK GILMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MATT GUILE	TREASURER/VP	2.00	Officer Director	$0	$0	$0
LATOSHA STANDOAK	SECRETARY	2.00	Officer Director	$0	$0	$0
CHARLI TERMINELLI	CHAIR	2.00	Officer 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	$375,379	$243,311	$593,126	$132,068
2024	$422,142	$234,765	$454,486	$187,377
2023	$296,849	$194,739	$280,144	$102,110

THE BRIDGE MUSIC PROJECT