Comfort Bridge
Nonprofit profile at a glance
- EIN
- 471820366
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014, Form 990-T 2024
- Location
- Denver, CO, USA
- Phone
- 3033986252
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $22,485,854
- Expenses
- $22,137,169
- Assets
- $10,559,194
- Liabilities
- $7,864,341
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- TIM J BOWEN (PRESIDENT/CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- TIM J BOWEN (PRESIDENT/CHIEF EXECUTIVE OFFICER): $1,691,438 total reported compensation
- JOHN BLASCHKE (CHIEF INFORMATION OFFICER): $520,319 total reported compensation
- CRYSTAL O'BRIEN (VP OF HUMAN RESOURCES): $466,729 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Comfort bridge d/b/a care synergy is a nonprofit organization formed in 2014 and is the region's largest end-of-life care network. Care synergy provides mission support services for nonprofit home health care and community-based hospice and palliative care affiliate organizations serving Colorado's front range.
What it reported doing in 2024
Comfort bridge d/b/a care synergy, was formed in 2014 and is the region's largest end-of-life care network. Care synergy provides mission support services for nonprofit home health care and community-based hospice and palliative care affiliate organizations serving Colorado's front range. As the region's leading end-of-life care network, we serve families and communities from the rocky mountain foothills to bennett, from Colorado springs to Wyoming. Caring for coloradans is important. We aid families in dealing with end-of-life decisions by providing the best care, whether in-home or at one of our inpatient care centers, promising support, excellence, and compassion through personalized palliative, hospice, and bereavement services. In 2015, the company began providing "back office" support in the areas of executive management, finance and accounting, information technology, human resources, and quality management. Care synergy will charge the affiliate members of the group for the services performed at cost in order to cover its expenses. Care synergy furthers the exempt purposes of providing hospice and palliative care services deemed exempt under rev. Rul. 79-17 by combining back office services under a single organization in order to achieve efficiencies and economies of scale. Care synergy currently serves four operational tax-exempt affiliates, which includes the hospice of metro denver, pathways hospice, Colorado visiting nurse association, and pikes peak hospice and palliative care, inc.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 0
- Transparency & Controls: 95
- Accountability: 96
- Sustainability: 25
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 93.3%; rating input score 93; 26th 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: 1.6%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 23.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 17.1% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 16.4% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 14 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $1.7M · 28 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $776K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Sustainability: Operating margin scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.