CITY OF BRIDGES FOUNDATION

EIN: 834672711 501(c)(3) Arts, Culture & Humanities

Pittsburgh, PA

Total Revenue
$143,919
Total Expenses
$141,913
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
PA
Principal Officer
YASIN ATIK
Phone
4843474542
Tax Period
2024-01-01 to 2024-12-31

CITY OF BRIDGES FOUNDATION, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $144K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

SEE PRIMARY PURPOSE

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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 $98,267
Program Service Revenue $45,652
Investment Income $0
Other Revenue $0
TOTAL REVENUE $143,919

Expense Breakdown

Grants Paid $0
Salaries & Benefits $68,996
Fundraising Expenses $0
Program Expenses $123,737
Other Expenses $72,917
TOTAL EXPENSES $141,913

Year-over-Year Comparison

2024 2023 Change
Revenue $143,919 $193,351 -0.3%
Expenses $141,913 $187,892 -0.2%
Net Income $2,006 $5,459 -0.6%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
33

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
1
$61,235
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YASIN ATIK DIRECTOR 40.00
Officer
$61,235 $0 $61,235
ASIM YILDIRIM PRESIDENT 2.00
Director
$0 $0 $0
GURKAN COLAK SECRETARY 2.00
Director
$0 $0 $0
MEHMET GURAKAR TREASURER 2.00
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
2024 $143,919 $141,913 No data $2,006
2023 $193,351 $187,892 $22,468 $5,459
2022 $152,614 $170,521 $17,009 $-17,907
2021 $151,850 $126,827 $34,916 $25,023
2020 $66,000 $61,763 No data $4,237
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