Is Bridge Academy Inc Legit?

Quick charity verification for Bridge Academy Inc (EIN: 20694031)

Verdict: Bridge Academy Inc appears trustworthy

92/100Mission Score
$3.4MRevenue
$2.4MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Bridge Academy Inc demonstrates consistent financial health with revenues generally exceeding expenses, leading to a steady growth in assets. For example, in 2023, revenue was $3,442,437 against expenses of $3,415,974, contributing to an increase in assets to $3,084,010 from $2,105,734 in 2022. The organization's spending efficiency appears strong, with a high proportion of expenses likely directed towards program services, given the absence of reported officer compensation and the consistent operational surplus. The organization's transparency is commendable, as evidenced by 13 years of consistent IRS 990 filings, providing a clear historical financial picture. The lack of reported officer compensation across all filings suggests a lean administrative structure or that compensation is not categorized as 'officer compensation' in a way that triggers reporting on the 990, which warrants further investigation for complete transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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