Bridges Of America The Bradenton Bridge Inc
Bridges Of America The Bradenton Bridge Inc consistently operates near break-even with no reported officer compensation.
EIN: 202518398 · Orlando, FL · NTEE: I40 · Updated: 2026-03-28
Is Bridges Of America The Bradenton Bridge Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bridges Of America The Bradenton Bridge Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bridges Of America The Bradenton Bridge Inc
Bridges Of America The Bradenton Bridge Inc (EIN: 202518398) is a nonprofit organization based in Orlando, FL, classified under NTEE code I40. The organization reported total revenue of $1.9M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridges Of America The Bradenton Bridge Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridges Of America The Bradenton Bridge Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-199,621 |
| Total Assets | $2.4M |
| Total Liabilities | $308K |
| Net Assets | $2.1M |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 15.0 months |
Financial Health Grade: B
In 2023, Bridges Of America The Bradenton Bridge Inc reported a deficit of $200K with expenses exceeding revenue, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bridges Of America The Bradenton Bridge Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.1% | -12.8% | -8.1% |
| 2022 | +7.0% | +7.1% | -9.9% |
| 2021 | -12.9% | -0.3% | -2.4% |
| 2020 | -12.4% | +8.0% | -9.1% |
| 2019 | +13.1% | -8.5% | +20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Bridges Of America The Bradenton Bridge Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bridges Of America The Bradenton Bridge 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 deficit of $200K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual expenses consistently exceeding $1.9 million. This suggests either volunteer leadership or compensation being covered by an affiliated entity, which warrants further investigation for complete financial transparency.
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 Bridges Of America The Bradenton Bridge Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $1,902,466 expenses vs. $1,702,845 revenue in 2023)
- Unusual 0% officer compensation for an organization with multi-million dollar expenses, potentially indicating undisclosed compensation sources or unsustainable volunteer reliance
- Declining revenue trend from $2,429,126 in 2019 to $1,702,845 in 2023
Strengths
The following positive indicators were identified for Bridges Of America The Bradenton Bridge Inc:
- High spending efficiency with expenses closely matching revenue, indicating resources are directly utilized for operations.
- Low liabilities relative to assets, suggesting a generally stable financial position.
- Consistent filing history demonstrating transparency over many years.
Frequently Asked Questions about Bridges Of America The Bradenton Bridge Inc
Is Bridges Of America The Bradenton Bridge Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridges Of America The Bradenton Bridge Inc (EIN: 202518398) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Bridges Of America The Bradenton Bridge Inc spend its money?
Bridges Of America The Bradenton Bridge Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bridges Of America The Bradenton Bridge Inc tax-deductible?
Bridges Of America The Bradenton Bridge Inc is registered as a tax-exempt nonprofit (EIN: 202518398). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bridges Of America The Bradenton Bridge Inc a good charity?
The organization appears to be efficient in its spending, with expenses closely matching revenue, and reports 0% officer compensation, which is a strong indicator of resource allocation towards its mission. However, the consistent operational deficits in recent years (e.g., $1,702,845 revenue vs. $1,902,466 expenses in 2023) suggest potential long-term financial sustainability challenges if not addressed.
How does the 0% officer compensation impact the organization's financial health?
While 0% officer compensation is a significant cost-saving measure, it's unusual for an organization of this size. It could indicate volunteer leadership, which is positive for efficiency, but also raises questions about the sustainability of such an arrangement and the source of income for key personnel if they are full-time, potentially suggesting reliance on an external entity or other undisclosed arrangements.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, peaking at $3,242,343 in 2019 and decreasing to $2,382,326 in 2023. Liabilities have generally remained low relative to assets, though they increased from $96,783 in 2017 to $308,358 in 2023, indicating a slight increase in financial obligations.
Is the organization growing or shrinking based on its revenue and expenses?
Revenue has shown a slight downward trend from a peak of $2,429,126 in 2019 to $1,702,845 in 2023. Expenses have also decreased from a high of $2,210,534 in 2015 to $1,902,466 in 2023, suggesting a contraction in the organization's operational scale over the past few years.
Filing History
IRS 990 filing history for Bridges Of America The Bradenton Bridge Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bridges Of America The Bradenton Bridge Inc's revenue has declined by 22.2%, moving from $2.2M to $1.7M. Total assets increased by 74.9% over the same period, from $1.4M to $2.4M. Total functional expenses rose by 2.3%, from $1.9M to $1.9M. In its most recent filing year (2023), Bridges Of America The Bradenton Bridge Inc reported a deficit of $200K, with expenses exceeding revenue. The organization holds $308K in liabilities against $2.4M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.9M | $2.4M | $308K | — | View 990 |
| 2022 | $2.0M | $2.2M | $2.6M | $319K | — | View 990 |
| 2021 | $1.9M | $2.0M | $2.9M | $403K | — | View 990 |
| 2020 | $2.1M | $2.0M | $2.9M | $289K | — | View 990 |
| 2019 | $2.4M | $1.9M | $3.2M | $354K | — | View 990 |
| 2018 | $2.1M | $2.1M | $2.7M | $336K | — | View 990 |
| 2017 | $2.2M | $2.1M | $2.4M | $97K | — | View 990 |
| 2016 | $2.3M | $2.2M | $2.3M | $74K | — | View 990 |
| 2015 | $2.3M | $2.2M | $2.2M | $66K | — | View 990 |
| 2014 | $2.3M | $2.1M | $2.2M | $81K | — | View 990 |
| 2013 | $2.2M | $2.1M | $1.9M | $57K | — | View 990 |
| 2012 | $2.3M | $1.8M | $1.8M | $41K | — | View 990 |
| 2011 | $2.2M | $1.9M | $1.4M | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.9M, and assets of $2.4M (revenue -14.1% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.2M, and assets of $2.6M (revenue +7.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $2.9M (revenue -12.9% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.0M, and assets of $2.9M (revenue -12.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $1.9M, and assets of $3.2M (revenue +13.1% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $2.7M (revenue -3.2% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.1M, and assets of $2.4M (revenue -2.4% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $2.3M (revenue +0.5% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $2.2M (revenue -3.5% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.1M, and assets of $2.2M (revenue +5.8% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.1M, and assets of $1.9M (revenue -2.7% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.8M, and assets of $1.8M (revenue +4.1% year-over-year).
- 2011: Revenue of $2.2M, expenses of $1.9M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridges Of America The Bradenton Bridge Inc:
Data Sources and Methodology
This transparency report for Bridges Of America The Bradenton Bridge 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.