The Bridge Foundation Inc

Nonprofit profile at a glance

EIN
760257427
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Pasadena, TX, USA
Phone
7134720753
Rating confidence
Limited

Official website

Reported finances

Revenue
$0
Expenses
$842
Assets
$841,713
Liabilities
$525

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

Leadership & pay

12 people listed

Executive titles in this filing

  • NICK CAVENESS (PRESIDENT)
  • SALVADOR SERRANO JR (VICE PRESIDENT)

Highest reported compensation

  • OLIVIA RIVERS (EXECUTIVE DIRECTORS): $120,681 total reported compensation

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

Overview

Mission

Conduct all fundraising activities for the bridge over troubled waters, inc., a 501(c)(3) organization.

What it reported doing in 2024

Conducted all fundraising activities for the benefit and support of the bridge over troubled waters, inc. To generate revenues for program services and to provide clothing and other necessities for adults and children in crisis. Program services include emergency shelter, long-term housing, childcare, women's services, educational and prevention programs.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 100
  • Accountability: 95
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 999.66; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 417.5%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -19.5% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -33.1% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -14.6% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $121K · 12 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 4 filed schedules · includes related organizations
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.