Bridge Initiative

Nonprofit profile at a glance

EIN
812423693
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2024
Location
Tempe, AZ, USA
Phone
3232369298
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$36,288
Expenses
$59,999
Assets
$17,928
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • BRENDA FOLEY (PRESIDENT/PRODUCING EXEC DIRECTOR)

People named in this filing

  • BRENDA FOLEY (PRESIDENT/PRODUCING EXEC DIRECTOR)
  • AMIE BJORKLUND (SECRETARY/TREASURER/CO-ARTISTIC DIR)
  • ROB GREENSPAN (TREASURER (THRU MARCH))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The bridge initiative is a women-led collective whose mission is to use theatre and media to build bridges in our community.

What it reported doing in 2024

The bridge initiative believes theatre and media can act as a mirror and a window to inspire growth and build community. We envision an equitable industry where women and other groups who have historically been denied access are equitably represented and valued. We aspire to being part of a healthy, multi-tiered professional ecosystem in Arizona that provides just compensation and the highest quality artistic offerings from new work incubation to full production. We want to build a community of safe and brave spaces where artists and audience use theatre and media to spark dialogue, inspire reflection, and grow a better world. Our 2024 season included:1) diary of anne frank: co-prodution of the play for a week of middle school audiences 2) see jane run: documentary film-in-progress we are co-producing profiling actress/activist indo refugee jane vogel mantiri who founded nonprofit advance gender equity in the arts 3) the flora & fauna: world premiere production of a new play

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.2%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -65.3%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 85.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 11/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.