Nonprofit screen
Screen a listBridge Street Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$3.3Mrevenue
FY2024 · +83% in 3 yrs96staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−8.5%
Months of reserve0.4mo
Revenue growth (annualized)+11.5%
Middle half of peersMedianBridge Street Development
Where the money goes FY2024 · $3.6M spent
Programs$3.0M85%Management and general$331k9%Fundraising$220k6%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$74k in FY2023 and −$282k in FY2024. Cash covers 0.4 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor4
Strong governance
14 of 14 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 12% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortFunders stay
4 of the 6 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant listsA history of government grants
Government grants on 8 of its 8 returns, 40% of revenue in FY2024.
990 Part VIII17funders
$408ka year, last 3 years
41%from its largest funder
Funder’17’18’19’20’21’22’23Citi FoundationStopped after FY2022$250k$250k–Local Initiatives Support CorporationOn and off$35k$30k$85k$184k$39kUnited Way of New York CityOn and off$25k$15k$60kThe Center for New York City Neighborhoods IncOn and off$19k$11k$25k$20k$20kThe New York Urban League IncOn and off$35kThe Hyde and Watson FoundationOn and off$12k$10k$10kDonor-advised giftsDonors not disclosed$125k$15k$100k3 other fundersUp to $15k a year each$15k$15k$15k$5k
FundedThrough a donor-advised fundStopped