BRIDGES BALTIMORE INC

EIN: 871043861 501(c)(3) Education

BALTIMORE, MD

Total Revenue
$3,050,158
Total Expenses
$3,196,959
Total Assets
$11,411,610
Net Assets
$10,833,091
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MD
Principal Officer
ROBERT PAYMER
Phone
4432692303
Tax Period
2024-07-01 to 2025-06-30

BRIDGES BALTIMORE INC, founded in 2021, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. Net assets of $10.8M represent 43 months of operating reserves.

Mission

BRIDGES BALTIMORE, INC. IS COMMITTED TO THE LONG-TERM SUCCESS OF BALTIMORE CITY YOUTH AND TO PROVIDING LIFE CHANGING OPPORTUNITIES FOR INDEPENDENT SCHOOL STUDENTS.

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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 $2,936,967
Program Service Revenue $91,900
Investment Income $19,149
Other Revenue $2,142
TOTAL REVENUE $3,050,158

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,965,095
Fundraising Expenses $349,326
Program Expenses $2,390,856
Other Expenses $1,231,864
TOTAL EXPENSES $3,196,959

Year-over-Year Comparison

2024 2023 Change
Revenue $3,050,158 $11,888,073 -0.7%
Expenses $3,196,959 $2,622,271 +0.2%
Net Income $-146,801 $9,265,802 -1.0%
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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Governance

Voting Members
17
Independent Members
17
Employees
10
Volunteers
23

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
3
$161,056
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK NEUMANN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
PAUL MCBRIDE TREASURER 1.00
Officer Director
$0 $0 $0
BRYAN D POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
CARIM KHOUZAMI BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG GREENSTEIN SECRETARY 1.00
Director
$0 $0 $0
ELLEN BERNARD BOARD MEMBER 1.00
Director
$0 $0 $0
FLYNN BURCH BOARD MEMBER 1.00
Director
$0 $0 $0
GAYLE JORDAN-RANDOLPH BOARD MEMBER 1.00
Director
$0 $0 $0
HENRY SMYTH BOARD MEMBER 1.00
Director
$0 $0 $0
JIM SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH LEVINSON BOARD MEMBER 1.00
Director
$0 $0 $0
LYNN RAUCH BOARD MEMBER 1.00
Director
$0 $0 $0
MIA CONTRERAS BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL PINE BOARD MEMBER 1.00
Director
$0 $0 $0
ROB SHARPS BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER SCHULMAN BOARD MEMBER 1.00
Director
$0 $0 $0
VICKIE COSBY BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT PAYMER EXECUTIVE DIRECTOR 40.00
Officer
$142,038 $19,018 $161,056
RACHEL DUDEN CHIEF OF STAFF 40.00
Highest
$120,629 $6,702 $127,331
JONATHAN LINDSAY SENIOR DIRECTOR OF PROGRAMS 40.00
Highest
$104,615 $11,808 $116,423
JILLIAN PINKARD SENIOR DIRECTOR OF ADVANCEMENT 40.00
Highest
$131,162 $16,835 $147,997
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 $3,050,158 $3,196,959 $11,411,610 $-146,801
2024 $11,888,073 $2,622,271 $11,496,113 $9,265,802
2022 No data $15,390 $393,634 No data
2022 $372,464 $15,390 $1,665,634 $357,074
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