The Bridge of Northeast Florida Inc
Nonprofit profile at a glance
- EIN
- 591406016
- IRS 990 coverage
- 2009–2016
- Forms available
- Form 990 2016
- Location
- Jacksonville, FL, USA
- Phone
- 9043547799
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health Treatment Facilities, Primarily Outpatient
Reported finances
- Revenue
- $3,625,768
- Expenses
- $4,466,588
- Assets
- $2,809,232
- Liabilities
- $578,538
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- ELAINE PACE (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- ELAINE PACE (CHIEF EXECUTIVE OFFICER): $45,833 total reported compensation
- IVAN GRANT (CHIEF FINANCIAL OFFICER): $37,230 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the development of healthy, productive, self-sufficient youth and families by providing comprehensive educational, social and health programs to those in need. The services of the organization have been conscientiously developed to serve the children and youth of jacksonville's most overburdened families.
What it reported doing in 2016
- the bridge primary programs consist of several mentoring programs. These programs consist of mentoring at-risk youth, as well as after-school and summer camp programs. In addition, this also consists of educational programs for students who have been suspended from district schools, providing behavioral and academic assistance which enables the youth to continue to learn in a safe, structured and supervised environment.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- 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.
- 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 94
- Accountability: 82
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85%; rating input score 85
- Program expense ratio: 72.4%; rating input score 72
- Fundraising efficiency: $14.22 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings
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: 99.9%; rating input score 100; 39th percentile among comparable filings
- 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: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -23.2%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 1.9%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: -10.1% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -6.4% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 85% of revenue deployed · 72.4% of spending went to programs
- Governance: 15 of 15 board members independent · 5 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $3.2M in reported program spending
- Leadership: top reported pay $46K · 17 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 8 filing years from 2009 to 2016
- Contacts: How to reach this organization
- Money network: 2 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 5/100.
- Review — Financial Efficiency: Fundraising efficiency scored 54/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.