Quick charity verification for Bridging The Gap Africa Inc (EIN: 134223509)
Verdict: Bridging The Gap Africa Inc appears trustworthy
92/100Mission Score
$428KRevenue
$576KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program vs. administrative vs. fundraising expenses in provided data, requiring estimation for spending breakdown.
Strengths
Consistent revenue growth from $84,778 in 2013 to $276,660 in 2022.
Assets have grown significantly from $89,654 in 2013 to $516,021 in 2022.
Consistently reports $0 liabilities, indicating strong financial stability and no debt.
0% officer compensation reported across all filings, maximizing funds for programs.
Expenses generally well below revenue, allowing for asset accumulation and financial resilience.
Spending Breakdown
How Bridging The Gap Africa Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Bridging The Gap Africa Inc
Is Bridging The Gap Africa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridging The Gap Africa Inc (EIN: 134223509) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Bridging The Gap Africa Inc a good charity to donate to?
Bridging The Gap Africa Inc has a Mission Score of 92/100. Revenue: $428K. Assets: $576K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bridging The Gap Africa Inc?
The Employer Identification Number (EIN) for Bridging The Gap Africa Inc is 134223509. 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 Bridging The Gap Africa Inc spend its money?
Bridging The Gap Africa Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bridging The Gap Africa Inc's tax-exempt status?
You can verify Bridging The Gap Africa Inc's tax-exempt status using EIN 134223509 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
Bridging The Gap Africa Inc demonstrates consistent financial growth and strong program focus. Over the past decade, the organization's revenue has steadily increased from $84,778 in 2013 to $276,660 in 2022, with assets growing from $89,654 to $516,021 in the same period. This indicates effective fundraising and asset management. The organization consistently reports zero liabilities, suggesting sound financial management and a lack of debt, which is a significant strength for a nonprofit. Their officer compensation has consistently been 0%, indicating a volunteer-led or very lean administrative structure, which contributes to a high percentage of funds being directed towards programs.
The spending efficiency appears robust, with expenses generally well below revenue, allowing for asset accumulation. For instance, in 2022, expenses were $247,532 against revenues of $276,660. The absence of reported officer compensation on their 990s suggests a high degree of transparency regarding how funds are allocated, with a clear emphasis on mission-related activities rather than executive salaries. This operational model, combined with consistent growth and a healthy balance sheet, points to a well-managed and financially stable organization.