Golden Bridge
Golden Bridge faces inconsistent financial performance with frequent deficits and fluctuating asset levels.
EIN: 202819468 · Boulder, CO · NTEE: B99 · Updated: 2026-03-28
Is Golden Bridge Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Golden Bridge directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Golden Bridge
Golden Bridge (EIN: 202819468) is a nonprofit organization based in Boulder, CO, classified under NTEE code B99. The organization reported total revenue of $398K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Golden Bridge's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Golden Bridge is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $623K |
| Total Expenses | $707K |
| Surplus / Deficit | $-84,726 |
| Total Assets | $23K |
| Total Liabilities | $14K |
| Net Assets | $9K |
| Operating Margin | -13.6% |
| Debt-to-Asset Ratio | 60.4% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Golden Bridge reported a deficit of $85K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 60.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Golden Bridge's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | +20.4% | -80.6% |
| 2022 | +79.6% | +14.5% | +611.5% |
| 2021 | -23.3% | -27.2% | -63.2% |
| 2020 | +26.8% | +71.2% | -70.9% |
| 2019 | -0.2% | +8.1% | +45.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Golden Bridge with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Golden Bridge allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.4%.
Executive Compensation Analysis
Golden Bridge consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for minimizing administrative costs.
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 Golden Bridge's IRS 990 filings:
- Frequent operating deficits (e.g., 2023, 2021, 2020, 2017, 2016, 2014) where expenses exceed revenue.
- Highly fluctuating asset base, indicating potential instability in financial reserves.
- Liabilities sometimes exceeding assets (e.g., 2021), which can signal liquidity concerns.
Strengths
The following positive indicators were identified for Golden Bridge:
- Consistent reporting of 0% officer compensation, demonstrating a commitment to minimizing executive pay.
- Long filing history (13 filings), indicating sustained operation and compliance with reporting requirements.
Frequently Asked Questions about Golden Bridge
Is Golden Bridge a legitimate charity?
Based on AI analysis of IRS 990 filings, Golden Bridge (EIN: 202819468) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Golden Bridge spend its money?
Golden Bridge directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Golden Bridge tax-deductible?
Golden Bridge is registered as a tax-exempt nonprofit (EIN: 202819468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Golden Bridge financially stable?
Golden Bridge's financial stability is inconsistent. It has experienced several years where expenses exceeded revenue (e.g., 2023, 2021, 2020), leading to deficits. Its asset base also fluctuates significantly, suggesting potential challenges in maintaining consistent financial health.
How does Golden Bridge manage its executive compensation?
Golden Bridge reports 0% officer compensation in all available IRS 990 filings, meaning no salaries or benefits are paid to its officers. This is a positive indicator for minimizing administrative overhead related to executive pay.
What are Golden Bridge's assets and liabilities?
Golden Bridge's assets have varied significantly, from a high of $154,948 in 2019 to a low of $16,562 in 2021. In 2023, assets were $22,871 and liabilities were $13,818. The organization's liabilities have at times exceeded its assets (e.g., 2021), which could indicate financial strain.
Filing History
IRS 990 filing history for Golden Bridge showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Golden Bridge's revenue has grown by 220.2%, moving from $194K to $623K. Total assets decreased by 27.9% over the same period, from $32K to $23K. Total functional expenses rose by 265.3%, from $194K to $707K. In its most recent filing year (2023), Golden Bridge reported a deficit of $85K, with expenses exceeding revenue. The organization holds $14K in liabilities against $23K in assets (debt-to-asset ratio: 60.4%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $623K | $707K | $23K | $14K | — | View 990 |
| 2022 | $817K | $587K | $118K | $24K | — | View 990 |
| 2021 | $455K | $513K | $17K | $31K | — | View 990 |
| 2020 | $594K | $704K | $45K | $2K | — | View 990 |
| 2019 | $468K | $411K | $155K | $1K | — | View 990 |
| 2018 | $469K | $381K | $107K | $10K | — | — |
| 2017 | $397K | $421K | $19K | $10K | — | View 990 |
| 2016 | $453K | $494K | $46K | $13K | — | View 990 |
| 2015 | $429K | $377K | $95K | $21K | — | View 990 |
| 2014 | $166K | $245K | $25K | $4K | — | View 990 |
| 2013 | $202K | $130K | $101K | $1K | — | View 990 |
| 2012 | $153K | $157K | $27K | $0 | — | View 990 |
| 2011 | $194K | $194K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $623K, expenses of $707K, and assets of $23K (revenue -23.8% year-over-year).
- 2022: Revenue of $817K, expenses of $587K, and assets of $118K (revenue +79.6% year-over-year).
- 2021: Revenue of $455K, expenses of $513K, and assets of $17K (revenue -23.3% year-over-year).
- 2020: Revenue of $594K, expenses of $704K, and assets of $45K (revenue +26.8% year-over-year).
- 2019: Revenue of $468K, expenses of $411K, and assets of $155K (revenue -0.2% year-over-year).
- 2018: Revenue of $469K, expenses of $381K, and assets of $107K (revenue +18.3% year-over-year).
- 2017: Revenue of $397K, expenses of $421K, and assets of $19K (revenue -12.3% year-over-year).
- 2016: Revenue of $453K, expenses of $494K, and assets of $46K (revenue +5.5% year-over-year).
- 2015: Revenue of $429K, expenses of $377K, and assets of $95K (revenue +157.8% year-over-year).
- 2014: Revenue of $166K, expenses of $245K, and assets of $25K (revenue -17.7% year-over-year).
- 2013: Revenue of $202K, expenses of $130K, and assets of $101K (revenue +32.1% year-over-year).
- 2012: Revenue of $153K, expenses of $157K, and assets of $27K (revenue -21.3% year-over-year).
- 2011: Revenue of $194K, expenses of $194K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Golden Bridge:
Data Sources and Methodology
This transparency report for Golden Bridge 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.