Bridges Healthcare Inc

Nonprofit profile at a glance

EIN
060867978
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Milford, CT, USA
Phone
2038786365
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Mental Health Center

Official website

Reported finances

Revenue
$21,075,710
Expenses
$19,523,738
Assets
$11,680,885
Liabilities
$3,331,874

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

Leadership & pay

25 people listed

Executive titles in this filing

  • JENNIFER FIORILLO (PRESIDENT AND CEO)

Highest reported compensation

  • TARA KERNER (CHIEF MEDICAL DIRECTOR): $224,072 total reported compensation
  • JENNIFER FIORILLO (PRESIDENT AND CEO): $193,991 total reported compensation
  • JANET GILLIS-TOFFOLO (SUPERVISOR NURSING SERVICE): $193,884 total reported compensation

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

Overview

Mission

Bridges healthcare has provided a comprehensive range of mental health/substance abuse treatment (including serious mental illness, emotional disturbance, and co-occurring mental/substance use disorders) to children and adults in new haven county for over 60 years. Bridges is licensed by dcf and dph for mental health and substance use outpatient treatment, is a state-designated local mental health authority (through dmhas), and maintains joint commission accreditation. In addition to the residential services provided through its young adult services transitional apartment program, bridges provides prevention, office-based outpatient services, iop services, adult and child emergency mobile services, intensive in-home clinical and child welfare services, psychiatric services, case management, nurse care coordination/ management, supported employment services, social rehabilitation, primary care, drop-in centers, wraparound services, and senior outreach services.

What it reported doing in 2024

Child and family outpatient treatment and supportive services - the outpatient child and family service is dedicated to providing behavioral health services to children, adolescents and their families. The program provides individual, family, and group therapy modalities. Bridges also partners with several local school systems to provide behavioral health services on-site at specific schools. Services include comprehensive psychosocial assessments, developmental evaluations, psychotherapy, psychiatric consultation, collaboration with the school system and other service providers, and case management. The agency also offers a number of supportive and in-home services for children and families including care coordination, intensive family preservation, intensive in-home child and adolescent psychiatric services, and caregiver support. Bridges operates a youth and young adult drop-in center called rm4 as well as prevention services to target underage drinking and alcohol use.

Operating model

Revenue model
Grant-funded. 75% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 74
  • Accountability: 97
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.2%; rating input score 73
  • Program expense ratio: 77.7%; rating input score 78
  • Fundraising efficiency: $178.99 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.7%; rating input score 95; 28th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.4%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 6.5%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 26th percentile among comparable filings
  • Revenue growth: 3% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 73.2% of revenue deployed · 77.7% of spending went to programs
  • Governance: 18 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $15.2M in reported program spending
  • Leadership: top reported pay $224K · 25 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $552K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.