Bridges Mathematical Connections Inart Music And Science Inc

Bridges Mathematical Connections Inart Music And Science Inc maintains strong solvency with growing assets and zero officer compensation.

EIN: 203901631 · Ellicott City, MD · NTEE: U03 · Updated: 2026-03-28

$94KRevenue

$332KAssets

90/100Mission Score (Excellent)

U03

About Bridges Mathematical Connections Inart Music And Science Inc

Bridges Mathematical Connections Inart Music And Science Inc (EIN: 203901631) is a nonprofit organization based in Ellicott City, MD, classified under NTEE code U03. The organization reported total revenue of $94K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridges Mathematical Connections Inart Music And Science Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Bridges Mathematical Connections Inart Music And Science Inc demonstrates a generally healthy financial position, with assets significantly exceeding liabilities across all reported periods, indicating strong solvency. The organization's revenue has fluctuated, with a notable increase in 2023 to $96,909 from $44,083 in 2022, suggesting growing support or successful fundraising efforts. Expenses have remained relatively low compared to revenue in recent years, particularly in 2023 where expenses were $41,054 against $96,909 in revenue, allowing for asset growth. The consistent reporting of zero officer compensation across all filings is a strong indicator of volunteer leadership and efficient use of funds directly for its mission, enhancing its transparency and public trust.

The organization's spending efficiency appears robust, especially given the zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the low overall expenses relative to revenue, combined with asset accumulation, suggests a significant portion of funds are either directly applied to programs or retained for future mission-related activities. The consistent growth in assets, from $58,564 in 2012 to $274,350 in 2023, further supports a financially sound and well-managed operation. The organization's commitment to transparency is evident through its consistent IRS 990 filings and the clear financial picture presented.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bridges Mathematical Connections Inart Music And Science 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, Bridges Mathematical Connections Inart Music And Science 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filing periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with revenues fluctuating up to $96,909.

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.

Strengths

The following positive indicators were identified for Bridges Mathematical Connections Inart Music And Science Inc:

Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong and growing asset base, from $58,564 in 2012 to $274,350 in 2023, demonstrating financial stability.
Minimal to zero liabilities across most filing periods, indicating excellent solvency.
Positive revenue growth in recent years, with $96,909 in 2023, suggesting increasing support.
Expenses generally well below revenue, allowing for asset accumulation and future program investment.

Frequently Asked Questions about Bridges Mathematical Connections Inart Music And Science Inc

Is Bridges Mathematical Connections Inart Music And Science Inc a good charity?

Based on the provided financial data, Bridges Mathematical Connections Inart Music And Science Inc appears to be a very good charity. It demonstrates strong financial health with growing assets ($274,350 in 2023), minimal liabilities ($0 in 2023), and a commitment to its mission by having 0% officer compensation, meaning all leadership is volunteer-based.

How has the organization's revenue trended over time?

The organization's revenue has fluctuated but shows a positive trend in recent years, reaching $96,909 in 2023 after a dip in 2020 ($4,313) and 2021 ($12,022). This indicates a recovery and growth in funding.

What is the organization's asset-to-liability ratio?

The organization consistently maintains a very strong asset-to-liability ratio. For example, in 2023, assets were $274,350 with $0 liabilities, indicating excellent financial stability and solvency.

Filing History

IRS 990 filing history for Bridges Mathematical Connections Inart Music And Science Inc showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2012–2023), Bridges Mathematical Connections Inart Music And Science Inc's revenue has grown by 40.4%, moving from $69K to $97K. Total assets increased by 368.5% over the same period, from $59K to $274K. Total functional expenses fell by 17.9%, from $50K to $41K. In its most recent filing year (2023), Bridges Mathematical Connections Inart Music And Science Inc reported a surplus of $56K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$97K	$41K	$274K	$0	—	—
2022	$44K	$35K	$202K	$0	—	View 990
2021	$12K	$13K	$266K	$0	—	—
2020	$4K	$12K	$218K	$0	—	—
2019	$96K	$108K	$122K	$0	—	View 990
2018	$93K	$44K	$172K	$38K	—	View 990
2017	$76K	$37K	$86K	$763	—	—
2012	$69K	$50K	$59K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $97K, expenses of $41K, and assets of $274K (revenue +119.8% year-over-year).
2022: Revenue of $44K, expenses of $35K, and assets of $202K (revenue +266.7% year-over-year).
2021: Revenue of $12K, expenses of $13K, and assets of $266K (revenue +178.7% year-over-year).
2020: Revenue of $4K, expenses of $12K, and assets of $218K (revenue -95.5% year-over-year).
2019: Revenue of $96K, expenses of $108K, and assets of $122K (revenue +3.5% year-over-year).
2018: Revenue of $93K, expenses of $44K, and assets of $172K (revenue +21.4% year-over-year).
2017: Revenue of $76K, expenses of $37K, and assets of $86K (revenue +10.7% year-over-year).
2012: Revenue of $69K, expenses of $50K, and assets of $59K.

Data Sources and Methodology

This transparency report for Bridges Mathematical Connections Inart Music And Science 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.