The Bridge Inc

Nonprofit profile at a glance

EIN
221947020
IRS 990 coverage
2010–2023
Forms available
Form 990 2023
Location
West Caldwell, NJ, USA
Phone
9732283000
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Treatment Only

Official website

Reported finances

Revenue
$3,619,163
Expenses
$4,083,938
Assets
$2,248,235
Liabilities
$2,294,408

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ROBERT MASELLA (PRESIDENT)
  • ROBERT PODVEY (VICE PRESIDENT)
  • DANIEL RENALDO (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • DANIEL RENALDO (CHIEF EXECUTIVE OFFICER): $104,336 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The bridge inc. Is a nonprofit community-based organization that provides behavioral healthcare services designed to strengthen and support the family and promote the personal growth of children, adolescents, adults, and seniors. We at the bridge believe in equitable, stigma-free, culturally sensitive, holistic, and integrated healthcare. Our clinicians and staff are trained to meet their clients where they are and to advocate for them within and beyond the counseling relationship. Through mental health and substance use disorder counseling, in-home crisis intervention and family education services, and school-based services, we actively strive to break down barriers between our community and accessible care.in the last fiscal year, the bridge served a total of over 2,500 children, adolescents, adults and families.

What it reported doing in 2023

Mental health outpatient servicesfor nearly 50 years, the bridge, inc. Has been using a holistic approach to address the complex struggles of children, adolescents and adults, including depression, anxiety, anger management, relationship and familial conflict, and more. From parenting challenges to dealing with grief, trauma, divorce, and life transitions, we help our clients utilize behavioral tactics and develop coping skills to improve their overall well-being. Our counseling services include:- individual counseling- family counseling- marital/couples counselingsubstance use disorder outpatient servicesour highly trained clinical team knows that every journey to recovery is unique, which is why we tailor treatment to fit every individual's needs. During the assessment process, one of our clinicians will assess the level of care required for the client, considering factors such as history of use, lifestyle, and motivation. Every client has the benefit of weekly individual sessions to explore and support personal goals related to their recovery process. In conjunction, weekly group sessions offer a safe space to expand on the psychoeducational component of recovery. Our outpatient programs include:- adult intensive outpatient services (iop)- adult outpatient services (op)- adolescent outpatient services (op)- stepping stones: a specialized intensive outpatient service for women with childrendrug screens are administered routinely and randomly for all programs.

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.

The verdict

STRONG - 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: 83
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.5%; rating input score 98
  • Program expense ratio: 87.3%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: -12.8%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 1.02; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 98.5% of revenue deployed · 87.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $3.6M in reported program spending
  • Leadership: top reported pay $104K · 12 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.