The Bridge Over Troubled Waters Inc

Nonprofit profile at a glance

EIN
741989590
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Pasadena, TX, USA
Phone
7134720753
Rating
92
Verdict
STRONG
Rating confidence
Standard
Sector
Family Violence Shelters

Official website

Reported finances

Revenue
$7,756,820
Expenses
$9,041,878
Assets
$13,172,238
Liabilities
$7,192,040

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)
  • OLIVIA RIVERS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • OLIVIA RIVERS (EXECUTIVE DIRECTOR): $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

The bridge over troubled waters, inc. (the bridge) is a comprehensive crisis intervention and prevention agency in southeast harris county that provides residential, non-residential, and community outreach programs that focus on domestic/sexual violence and homelessness. The bridge exists to offer support, provide safety, and prevent domestic and sexual violence.

What it reported doing in 2024

Childcare services are offered to clients of the emergency shelter and long-term housing programs. Such costs are allocated to the programs noted above. Individualized, age-appropriate services help children to heal from crisis and overcome developmental gaps. Services include support groups; counseling; enrichment trips; tutoring; mentoring; and public-school advocacy. This program served 1,184 during 2024. Advocacy services advocacy services are provided to residential and nonresidential clients. Services include casework; a 24-hour hotline; information and referrals; safety planning; counseling; employment services; advocacy, legal and 24-hour medical accompaniment; support groups; and life skills programs. This program served 23,433 individuals during 2024.

Operating model

Revenue model
Grant-funded. 80% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.2%; rating input score 98
  • Program expense ratio: 84.2%; rating input score 84
  • Fundraising efficiency: $13.04 raised per $1 spent on fundraising; rating input score 46; 46th 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: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: -16.6%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 1.46; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 1.3%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 6.6% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 7.1% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 98.2% of revenue deployed · 84.2% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $7.6M in reported program spending
  • Leadership: top reported pay $121K · 12 people listed
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.