FaithBridge

Nonprofit profile at a glance

EIN
874155513
IRS 990 coverage
2022–2025
Forms available
Form 990 2025
Location
Denver, CO, USA
Phone
7202882592
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$1,091,336
Expenses
$1,149,037
Assets
$137,166
Liabilities
$4,108

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • VERNON JONES JR (President & CEO)

Highest reported compensation

  • VERNON JONES JR (President & CEO): $93,428 total reported compensation
  • SHERRY BRIGHTS (Secretary): $44,550 total reported compensation
  • JANET MATTHEWS (Chairman): $5,876 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Faithbridge is a Colorado non-profit that is co-creating the conditions to ensure equity of supports, expanded opportunitites, and excellent outcomes for students across Colorado.

What it reported doing in 2025

Faithbridge continues to see growth of all lanes of the organization, ensuring a reality where all children live well and realize their hopes. Our gta (good trouble academy) provided in-school, out-of-school, and after-school support to 60 students k-5. Our middle year program, i am academy, added support to middle school boys, after a successful year of support and service to middle school girls and their families. Our shift fellowhip continues to grow as it supports and serves high school students across the metro area. Our parent lane continued their advocacy work as we had a number of successful events that mobilized voices to speak to decision makers on our school boards, city councils, state legislature, and even nationally in Washington dc.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 90
  • Accountability: 43
  • Sustainability: 20
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.8%; rating input score 82
  • Program expense ratio: 77.7%; rating input score 78
  • Fundraising efficiency: $11.89 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 14th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.3%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 12.5%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 33.9% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 18.8% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: -44.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 81.8% of revenue deployed · 77.7% of spending went to programs
  • Governance: 3 of 6 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $893K in reported program spending
  • Leadership: top reported pay $93K · 6 people listed
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Review — Accountability: Independent voting board scored 50/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.