Building Bridges Foster Family Agency
Nonprofit profile at a glance
- EIN
- 562635892
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2017
- Location
- Ontario, CA, USA
- Phone
- 9092337265
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Foster Care
Reported finances
- Revenue
- $9,131,171
- Expenses
- $8,954,602
- Assets
- $3,501,761
- Liabilities
- $1,775,473
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Robert Mathias (Secretary / Executive Director)
Highest reported compensation
- Robert Mathias (Secretary / Executive Director): $253,757 total reported compensation
- Will Max (Program Director): $142,980 total reported compensation
- Farah Mathias (HR & PSA Director): $108,375 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to promote, support, enhance, and strengthen the development of children's well-being while providing safety and permanency.
What it reported doing in 2024
TFC-UAC: The cooperative agreement between the U.S. Department of Health and Human Services, Administration for Children and Families, Office of Refugee Resettlement Division of Unaccompanied Children's Operation and Building Bridges Foster Family Agency is for the agency to provide Transitional Foster Care (TFC) to unaccompanied alien children. During the year, we served UCs for 8,505 total days of care. LTFC-UAC - The agreement between Building Bridges Foster Family Agency and the U.S. Department of Health and Human Services, Administration for Children and Families, Office of Refugee Resettlement, authorizes the agency to operate a Long-Term Foster Care (LTFC) program for unaccompanied alien children (UAC). During the year, we served 26 children for a total of 5,595 days of care.
Operating model
- Revenue model
- Grant-funded. 99% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 83
- Accountability: 92
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 81.1%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 17th percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.9%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 6.8%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 32.5% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 32% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 37.4% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 81.1% of spending went to programs
- Governance: 6 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $7.3M in reported program spending
- Leadership: top reported pay $254K · 10 people listed · 3 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.