Consistent operating deficits (expenses exceeding revenue) over the past decade.
Declining asset base, from $1,370,298 in 2014 to $991,812 in 2023, indicating reliance on reserves.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess spending efficiency.
Strengths
Zero reported officer compensation across all filings, indicating a potentially volunteer-led or highly efficient leadership structure.
Consistent filing history, demonstrating transparency in reporting to the IRS.
Relatively low liabilities compared to assets, suggesting good financial management of debt.
Spending Breakdown
How Bridge Housing Corporation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bridge Housing Corporation
Is Bridge Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridge Housing Corporation (EIN: 200070040) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Bridge Housing Corporation a good charity to donate to?
Bridge Housing Corporation has a Mission Score of 65/100. Revenue: $172K. Assets: $959K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bridge Housing Corporation?
The Employer Identification Number (EIN) for Bridge Housing Corporation is 200070040. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bridge Housing Corporation spend its money?
Bridge Housing Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bridge Housing Corporation's tax-exempt status?
You can verify Bridge Housing Corporation's tax-exempt status using EIN 200070040 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bridge Housing Corporation appears to be a small, community-focused organization based on its consistent revenue and asset levels. Over the past decade, the organization has consistently reported expenses exceeding its revenue, leading to a gradual decline in its assets from $1,370,298 in 2014 to $991,812 in 2023. This trend suggests that the organization is spending more than it brings in, which could be a concern for long-term sustainability if not addressed. For example, in 2023, revenue was $136,825 while expenses were $220,169, resulting in a deficit of over $83,000.
The organization's transparency is strong regarding executive compensation, as it consistently reports 0% officer compensation across all available filings. This indicates that the organization is likely volunteer-led or that compensation for key personnel is not reported in this category, which is a positive sign for donor confidence. However, without a detailed breakdown of expenses beyond total revenue and expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. Further detail on expense allocation would enhance the assessment of its financial health and efficiency.