Bridge To Independence Inc
Bridge To Independence Inc shows strong program spending and consistent revenue growth with no reported officer compensation.
EIN: 161643585 · Orlando, FL · NTEE: E50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $625K |
| Transparency Score | 90/100 |
Is Bridge To Independence Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bridge To Independence Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bridge To Independence Inc
Bridge To Independence Inc (EIN: 161643585) is a nonprofit organization based in Orlando, FL, classified under NTEE code E50. The organization reported total revenue of $2.2M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridge To Independence Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridge To Independence Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$529K |
| Total Assets | $2.4M |
| Total Liabilities | $1.7M |
| Net Assets | $625K |
| Operating Margin | 33.4% |
| Debt-to-Asset Ratio | 73.5% |
| Months of Reserves | 26.8 months |
Financial Health Grade: A
In 2023, Bridge To Independence Inc reported a surplus of $529K with revenue exceeding expenses, holds 26.8 months of operating reserves (strong position), has a debt-to-asset ratio of 73.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bridge To Independence Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.0% | +5.1% | — |
| 2022 | +0.5% | +7.5% | -100.0% |
| 2021 | +11.8% | +11.0% | +27.5% |
| 2020 | +20.3% | +0.9% | +121.9% |
| 2019 | -2.6% | -0.3% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bridge To Independence Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bridge To Independence Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $529K, with revenue exceeding expenses.
- Debt-to-asset ratio: 73.5%.
Executive Compensation Analysis
Bridge To Independence Inc has reported 0% officer compensation across all available IRS 990 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This practice is highly commendable for an organization of its size, with revenues exceeding $1.5 million, as it maximizes resources available for program services.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bridge To Independence Inc's IRS 990 filings:
- Significant increase in liabilities from $0 in 202212 to $1,731,107 in 202312 without clear explanation in the summary data.
Strengths
The following positive indicators were identified for Bridge To Independence Inc:
- Strong program spending ratio (85% in 202312).
- Consistent revenue growth over the past decade, from $642,380 in 201512 to $1,584,028 in 202312.
- No reported officer compensation across all available filings, indicating low administrative overhead.
- Revenues consistently exceed expenses, leading to asset growth.
Frequently Asked Questions about Bridge To Independence Inc
Is Bridge To Independence Inc a legitimate charity?
Bridge To Independence Inc (EIN: 161643585) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Bridge To Independence Inc spend its money?
Bridge To Independence Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bridge To Independence Inc tax-deductible?
Bridge To Independence Inc is registered as a tax-exempt nonprofit (EIN: 161643585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bridge To Independence Inc CEO make?
Bridge To Independence Inc's highest-compensated officer earns $1.5 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bridge To Independence Inc's spending goes to programs?
Bridge To Independence Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bridge To Independence Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Bridge To Independence Inc is above average for NTEE category E50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bridge To Independence Inc located?
Bridge To Independence Inc is headquartered in Orlando, Florida and files with the IRS under EIN 161643585. It is classified under NTEE code E50.
How many years of IRS 990 filings does Bridge To Independence Inc have?
Bridge To Independence Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Is Bridge To Independence Inc a good charity?
Based on the available IRS 990 data, Bridge To Independence Inc appears to be a good charity. It demonstrates strong program spending (85% in 202312), consistent revenue growth, and no reported officer compensation, all of which are positive indicators of efficiency and dedication to its mission.
What caused the significant increase in liabilities from $0 in 202212 to $1,731,107 in 202312?
The IRS 990 data alone does not specify the exact cause. This could be due to new capital investments, loans, or changes in accounting practices. Further investigation into the organization's financial statements would be needed to understand this change.
How does Bridge To Independence Inc sustain operations without paying officer compensation?
The organization likely relies on volunteer leadership for its executive functions or has its leadership compensated through other means not reported as officer compensation on the 990, such as through a related entity, or they are truly unpaid volunteers. This practice significantly reduces administrative overhead.
Filing History
IRS 990 filing history for Bridge To Independence Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bridge To Independence Inc's revenue has grown by 379.2%, moving from $331K to $1.6M. Total assets increased by 9853.9% over the same period, from $24K to $2.4M. Total functional expenses rose by 212.9%, from $337K to $1.1M. In its most recent filing year (2023), Bridge To Independence Inc reported a surplus of $529K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $2.4M in assets (debt-to-asset ratio: 73.5%), resulting in net assets of $625K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.1M | $2.4M | $1.7M | — | View 990 |
| 2022 | $1.2M | $1.0M | $0 | $0 | — | View 990 |
| 2021 | $1.2M | $934K | $950K | $107K | — | — |
| 2020 | $1.0M | $841K | $745K | $247K | — | View 990 |
| 2019 | $855K | $834K | $336K | $25K | — | View 990 |
| 2018 | $878K | $836K | $330K | $16K | — | View 990 |
| 2017 | $866K | $775K | $307K | $18K | — | View 990 |
| 2016 | $786K | $664K | $216K | $41K | — | View 990 |
| 2015 | $642K | $628K | $118K | $16K | — | View 990 |
| 2014 | $680K | $653K | $115K | $26K | — | View 990 |
| 2013 | $512K | $520K | $97K | $50K | — | View 990 |
| 2012 | $408K | $411K | $54K | $57K | — | View 990 |
| 2011 | $331K | $337K | $24K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.1M, and assets of $2.4M (revenue +37.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.0M, and assets of $0 (revenue +0.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $934K, and assets of $950K (revenue +11.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $841K, and assets of $745K (revenue +20.3% year-over-year).
- 2019: Revenue of $855K, expenses of $834K, and assets of $336K (revenue -2.6% year-over-year).
- 2018: Revenue of $878K, expenses of $836K, and assets of $330K (revenue +1.4% year-over-year).
- 2017: Revenue of $866K, expenses of $775K, and assets of $307K (revenue +10.2% year-over-year).
- 2016: Revenue of $786K, expenses of $664K, and assets of $216K (revenue +22.4% year-over-year).
- 2015: Revenue of $642K, expenses of $628K, and assets of $118K (revenue -5.5% year-over-year).
- 2014: Revenue of $680K, expenses of $653K, and assets of $115K (revenue +32.8% year-over-year).
- 2013: Revenue of $512K, expenses of $520K, and assets of $97K (revenue +25.5% year-over-year).
- 2012: Revenue of $408K, expenses of $411K, and assets of $54K (revenue +23.3% year-over-year).
- 2011: Revenue of $331K, expenses of $337K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridge To Independence Inc:
Data Sources and Methodology
This transparency report for Bridge To Independence Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.