BRIDGEPORT GENERATION NOW VOTES

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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

Principal Officer

NIELS HEILMANN

Phone

9193894893

Tax Period

2024-10-01 to 2025-09-30

BRIDGEPORT GENERATION NOW VOTES, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $52K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $23K, a strong 44% operating margin.

Mission

Bridgeport Generation Now Votes is on a mission to increase voter turnout in Bridgeport elections. Key to that work is educating the public about political candidates public officials and what their public service record actually is not what they want people to believe. We fight for truth and transparency in our local government often in the face of intense pushback from political operatives that want to keep power concentrated in the hands of the few politically connected.

Program Service Accomplishments

Program 1

Expenses: $29,101 Revenue: $52,114

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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 $48,182

Program Service Revenue $0

Investment Income $0

Other Revenue $3,932

TOTAL REVENUE $52,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,101

Other Expenses $29,101

TOTAL EXPENSES $29,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,114	$72,569	-0.3%
Expenses	$29,101	$64,925	-0.6%
Net Income	$23,013	$7,644	+2.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIELS HEILMANN	Treasurer	10.00	Officer	$0	$0	$0
GEMEEM DAVIS	President	24.00	Officer	$0	$0	$0
MILTA FELICIANO	Board Member	1.00	Officer	$0	$0	$0
CHINEDUM NNODUM	Board Member	0.00	Officer	$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	$52,114	$29,101	$31,407	$23,013
2024	$72,569	$64,925	$8,394	$7,644
2023	$260,496	$283,121	$750	$-22,625
2022	$227,179	$216,064	$26,817	$11,115
2021	$145,891	$129,412	$15,702	$16,479