Bridge to the Future Inc
Nonprofit profile at a glance
- EIN
- 383571758
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012
- Location
- Oak Park, MI, USA
- Phone
- 3135166774
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $13,747
- Expenses
- $13,720
- Assets
- $30
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Visual, media arts, performing arts programs, fashion design programs
What it reported doing in 2012
Detroit Fashion Week program was a great success working with local fashion schools and universities, students designed garments for the retail markets, learned how to price garments for retail and wholesale, learned the process of preparing a line for professional runway for buyers. Working with fashion directors and students at IADT, Eastern Michigan University, Western University and other institutions we prepared local designers for real world design. Our final program was a two day event for designers to show to the buyers, public and press their fashion lines.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.5%; rating input score 49
- Program expense ratio: 48.6%; rating input score 49
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.2%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 2.3% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 40.6% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 46.9% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 48.5% of revenue deployed · 48.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.