Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan shows recent surplus after five years of deficits and declining assets.
EIN: 133329865 · Massapequa, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $3.9M |
| Program Spending | 80% |
| Net Assets | $2.0M |
| Transparency Score | 70/100 |
Is Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan (EIN: 133329865) is a nonprofit organization based in Massapequa, NY. The organization reported total revenue of $3.3M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$341K |
| Total Assets | $2.2M |
| Total Liabilities | $200K |
| Net Assets | $2.0M |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan reported a surplus of $341K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.3% | -9.4% | +24.6% |
| 2022 | -9.7% | -5.8% | -53.4% |
| 2021 | +20.3% | -1.5% | -22.9% |
| 2020 | -16.1% | +10.4% | -17.4% |
| 2019 | +9.5% | +6.4% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 & Tunnel Officers Benevolent Assoc Family Protection Plan with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $341K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not directly compensated from the organization's funds, which is a strong positive for minimizing overhead.
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 & Tunnel Officers Benevolent Assoc Family Protection Plan's IRS 990 filings:
- Five consecutive years of operating deficits (2018-2022), indicating spending exceeded revenue.
- Significant decline in total assets from $7,408,250 in 2017 to $2,229,770 in 2023, suggesting a draw-down on reserves.
- Lack of NTEE code, which limits comparative analysis with peer organizations.
Strengths
The following positive indicators were identified for Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan:
- Consistent reporting of 0% officer compensation across all filings, indicating no executive salary burden.
- Positive operating surplus in the most recent filing (202312), with revenue exceeding expenses by $340,963.
- Consistent annual IRS 990 filings, demonstrating transparency in reporting.
Frequently Asked Questions about Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan
Is Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan (EIN: 133329865) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan spend its money?
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan tax-deductible?
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan is registered as a tax-exempt nonprofit (EIN: 133329865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan's spending goes to programs?
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan located?
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan is headquartered in Massapequa, New York and files with the IRS under EIN 133329865.
How many years of IRS 990 filings does Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan have?
Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan 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 $3.3M in total revenue.
Is Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan a good charity?
The organization shows strengths in low executive compensation and consistent filing. However, the historical financial instability with five consecutive years of deficits (2018-2022) and a significant decline in assets from $7.4M in 2017 to $2.2M in 2023 warrant closer examination of its long-term financial health and spending practices.
Why have the organization's assets decreased so significantly?
Assets have decreased from a high of $7,408,250 in 201712 to $2,229,770 in 202312. This decline coincides with several years where expenses exceeded revenue, suggesting the organization may have drawn down on its reserves to cover operational costs.
What caused the consistent deficits between 2018 and 2022?
From 201812 to 202212, the organization consistently spent more than it earned. For example, in 202212, expenses were $4,272,726 against revenues of $3,232,026, resulting in a deficit of over $1 million. This trend indicates a period where operational costs outpaced fundraising or other income sources.
Filing History
IRS 990 filing history for Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan's revenue has grown by 6%, moving from $4.0M to $4.2M. Total assets decreased by 57.3% over the same period, from $5.2M to $2.2M. Total functional expenses rose by 19.5%, from $3.2M to $3.9M. In its most recent filing year (2023), Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan reported a surplus of $341K, with revenue exceeding expenses. The organization holds $200K in liabilities against $2.2M in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $3.9M | $2.2M | $200K | — | — |
| 2022 | $3.2M | $4.3M | $1.8M | $229K | — | View 990 |
| 2021 | $3.6M | $4.5M | $3.8M | $542K | — | View 990 |
| 2020 | $3.0M | $4.6M | $5.0M | $446K | — | View 990 |
| 2019 | $3.5M | $4.2M | $6.0M | $156K | — | — |
| 2018 | $3.2M | $3.9M | $6.1M | $118K | — | View 990 |
| 2017 | $3.5M | $3.2M | $7.4M | $210K | — | View 990 |
| 2016 | $3.6M | $3.6M | $6.6M | $161K | — | View 990 |
| 2015 | $3.8M | $3.8M | $6.3M | $107K | — | View 990 |
| 2014 | $3.7M | $3.6M | $6.8M | $395K | — | View 990 |
| 2013 | $3.7M | $3.3M | $6.3M | $109K | — | View 990 |
| 2012 | $4.1M | $3.2M | $6.1M | $362K | — | View 990 |
| 2011 | $4.0M | $3.2M | $5.2M | $378K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $3.9M, and assets of $2.2M (revenue +30.3% year-over-year).
- 2022: Revenue of $3.2M, expenses of $4.3M, and assets of $1.8M (revenue -9.7% year-over-year).
- 2021: Revenue of $3.6M, expenses of $4.5M, and assets of $3.8M (revenue +20.3% year-over-year).
- 2020: Revenue of $3.0M, expenses of $4.6M, and assets of $5.0M (revenue -16.1% year-over-year).
- 2019: Revenue of $3.5M, expenses of $4.2M, and assets of $6.0M (revenue +9.5% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.9M, and assets of $6.1M (revenue -8.1% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.2M, and assets of $7.4M (revenue -1.8% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.6M, and assets of $6.6M (revenue -5.8% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.8M, and assets of $6.3M (revenue +1.7% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.6M, and assets of $6.8M (revenue +0.5% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.3M, and assets of $6.3M (revenue -8.3% year-over-year).
- 2012: Revenue of $4.1M, expenses of $3.2M, and assets of $6.1M (revenue +2.2% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.2M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan:
Data Sources and Methodology
This transparency report for Bridge & Tunnel Officers Benevolent Assoc Family Protection Plan 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.