Bridgehaven Counseling Associates
EIN: 260368111 · Durham, NC · NTEE: F60
| Metric | Value |
|---|---|
| Total Revenue | $512K |
| Total Expenses | $582K |
| Net Assets | $88K |
Is Bridgehaven Counseling Associates Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bridgehaven Counseling Associates
Bridgehaven Counseling Associates (EIN: 260368111) is a nonprofit organization based in Durham, NC, classified under NTEE code F60. The organization reported total revenue of $512K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridgehaven Counseling Associates's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridgehaven Counseling Associates is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $608K |
| Total Expenses | $582K |
| Surplus / Deficit | +$26K |
| Total Assets | $96K |
| Total Liabilities | $8K |
| Net Assets | $88K |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 2.0 months |
Financial Health Grade: A
In 2023, Bridgehaven Counseling Associates reported a surplus of $26K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Bridgehaven Counseling Associates's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.7% | +11.7% | +38.5% |
| 2022 | +34.4% | +31.4% | +58.2% |
| 2021 | +18.1% | +19.2% | +50.0% |
| 2020 | +5.7% | +6.3% | +55.5% |
| 2019 | +13.2% | +6.5% | +154.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bridgehaven Counseling Associates has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bridgehaven Counseling Associates with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Frequently Asked Questions about Bridgehaven Counseling Associates
Is Bridgehaven Counseling Associates a legitimate charity?
Bridgehaven Counseling Associates (EIN: 260368111) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $512K. No red flags identified. Financial health grade: A.
How does Bridgehaven Counseling Associates spend its money?
Bridgehaven Counseling Associates reported $512K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bridgehaven Counseling Associates tax-deductible?
Bridgehaven Counseling Associates is registered as a tax-exempt nonprofit (EIN: 260368111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bridgehaven Counseling Associates located?
Bridgehaven Counseling Associates is headquartered in Durham, North Carolina and files with the IRS under EIN 260368111. It is classified under NTEE code F60.
How many years of IRS 990 filings does Bridgehaven Counseling Associates have?
Bridgehaven Counseling Associates has 12 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 $512K in total revenue.
Filing History
IRS 990 filing history for Bridgehaven Counseling Associates showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Bridgehaven Counseling Associates's revenue has grown by 507%, moving from $100K to $608K. Total assets increased by 94% over the same period, from $49K to $96K. Total functional expenses rose by 933.2%, from $56K to $582K. In its most recent filing year (2023), Bridgehaven Counseling Associates reported a surplus of $26K, with revenue exceeding expenses. The organization holds $8K in liabilities against $96K in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $608K | $582K | $96K | $8K | — | — |
| 2022 | $544K | $521K | $69K | $8K | — | — |
| 2021 | $405K | $396K | $44K | $6K | — | View 990 |
| 2020 | $343K | $332K | $29K | $229 | — | View 990 |
| 2019 | $324K | $313K | $19K | $303 | — | View 990 |
| 2018 | $286K | $294K | $7K | $335 | — | View 990 |
| 2017 | $274K | $284K | $14K | $137 | — | View 990 |
| 2016 | $225K | $256K | $30K | $5K | — | View 990 |
| 2015 | $318K | $334K | $57K | $344 | — | View 990 |
| 2014 | $320K | $320K | $77K | $5K | — | View 990 |
| 2013 | $224K | $196K | $72K | $360 | — | — |
| 2012 | $100K | $56K | $49K | $6K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $608K, expenses of $582K, and assets of $96K (revenue +11.7% year-over-year).
- 2022: Revenue of $544K, expenses of $521K, and assets of $69K (revenue +34.4% year-over-year).
- 2021: Revenue of $405K, expenses of $396K, and assets of $44K (revenue +18.1% year-over-year).
- 2020: Revenue of $343K, expenses of $332K, and assets of $29K (revenue +5.7% year-over-year).
- 2019: Revenue of $324K, expenses of $313K, and assets of $19K (revenue +13.2% year-over-year).
- 2018: Revenue of $286K, expenses of $294K, and assets of $7K (revenue +4.7% year-over-year).
- 2017: Revenue of $274K, expenses of $284K, and assets of $14K (revenue +21.7% year-over-year).
- 2016: Revenue of $225K, expenses of $256K, and assets of $30K (revenue -29.3% year-over-year).
- 2015: Revenue of $318K, expenses of $334K, and assets of $57K (revenue -0.6% year-over-year).
- 2014: Revenue of $320K, expenses of $320K, and assets of $77K (revenue +42.9% year-over-year).
- 2013: Revenue of $224K, expenses of $196K, and assets of $72K (revenue +123.4% year-over-year).
- 2012: Revenue of $100K, expenses of $56K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridgehaven Counseling Associates:
Data Sources and Methodology
This transparency report for Bridgehaven Counseling Associates 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.