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Human Services : Homeless Services

The Bridge Fund of New York

Preventing homelessness among the working poor

three stars

88.29

271 Madison Avenue Suite 907
New York, NY 10016
tel: (212) 674-0812   Web Site
EIN: 13-3824852

Board Leadership
Richard D. Ditoro
President

CEO
Anthony Sabia
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 88.29 three stars
  Financial 85.00 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 04/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The mission of The Bridge Fund is to prevent homelessness for vulnerable, working poor individuals and families who are threatened with the loss of their housing, but often do not qualify for emergency government assistance. In its first 25 years, The Bridge Fund has successfully kept more than 35,300 working poor New York and Westchester individuals in their homes.

The mission of The Bridge Fund is to prevent homelessness for vulnerable, working poor individuals and families who are threatened with the loss of their housing, but often do not qualify for emergency government assistance. In its first 25 years, The Bridge Fund has successfully kept more than 35,300 working poor New York and Westchester individuals in their homes.

Impact Information

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Financial

three stars

85.00

Accountability & Transparency

four stars

93.00

This rating was published 04/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
89.5%
  Administrative Expenses 7.4%
  Fundraising Expenses 3.0%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 0.33
  Program Expenses Growth -2.1%
  Liabilities to Assets 2.2%
All data for Financial Performance Metrics calculations was provided by The Bridge Fund of New York on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Bridge Fund of New York on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Bridge Fund of New York (NY) 88.29 three stars
Women's Lunch Place (MA) 89.92 three stars
Upper Valley Haven (VT) 96.46 four stars
Pacific House (CT) 90.45 four stars
Urban Ministry Center (NC) 94.07 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,718,252
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $248,397
   Related Organizations $0
   Government Grants $381,809
Total Contributions $2,348,458
   Program Service Revenue $0
Total Primary Revenue $2,348,458
   Other Revenue $58,584
TOTAL REVENUE $2,407,042
   
EXPENSES  
   Program Expenses $2,069,375
   Administrative Expenses $161,655
   Fundraising Expenses $58,479
TOTAL FUNCTIONAL EXPENSES $2,289,509
   
Payments to Affiliates $0
Excess (or Deficit) for the year $117,533
   
Net Assets $1,313,045

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Financial Assistance and Counsel $2,069,375 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 04/01/2019 88.29 three stars
2016-12 11/01/2018 84.35 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3824852
Name in IRS Master File BRIDGE FUND OF NEW YORK INC
NTEE Code P60
NTEE Classification Emergency Assistance (Food, Clothing, Cash)
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(562) Other loans to individuals
(565) Credit counseling an assistance
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1995
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
Compensation % of Expenses Paid to Title
$75,048 3.27% Barbara D. Hayes Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
The Bridge Fund of New York (NY) 88.29 three stars
Coalition for the Homeless of Central Florida (FL) 91.40 four stars
Our House, Arkansas (AR) 100.00 four stars
ForKids (VA) 98.11 four stars
CaringWorks (GA) 90.94 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Bridge Fund of New York
271 Madison Avenue
Suite 907
New York, NY 10016
tel: (212) 674-0812
EIN: 13-3824852

Visit Web Site

Board Leadership

Richard D. Ditoro
President

CEO

Anthony Sabia
Executive Director

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