Bridge the Gap College Prep

Sausalito, CA · Higher education institution · Since 1995 · Youth Development

✓ Tax-deductible
Revenue
$3.4M
+4% vs prior year
Spent
$3.4M
To programs
66%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$3.4M
FY2024▲ +4%
Revenue by fiscal year
FY2020$1.6M
FY2021$2.2M
FY2022$1.9M
FY2023$2.7M
FY2024$3.3M
FY2024$3.4M
Expenses
$3.4M
FY2024▲ +14%
Expenses by fiscal year
FY2020$1.6M
FY2021$1.9M
FY2022$1.8M
FY2023$2.7M
FY2024$3.0M
FY2024$3.4M
Net assets
$1.3M
FY2024-0.2%
Net assets by fiscal year
FY2020$586K
FY2021$919K
FY2022$1.0M
FY2023$1.0M
FY2024$1.3M
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CBridge the Gap College Prep
EINHdr · item D91-1930327
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2000
Year of formationHdr · item L1995
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSausalito, CA
NTEE classificationIRS BMFYouth Development (O50)
WebsiteHdr · item Jwww.btgcollegeprep.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.31 Fundraising $0.03
Program services66%$2.3M
Management & general31%$1.1M
Fundraising3%$89K
Total functional expensesLn 25$3.4M

Financial health

Is it on solid ground?

Operating surplus
+1%
revenue over expenses, this legal entity▼ -89% vs prior filing year
Payroll share
78%
of this entity's spending is salaries & benefits▲ +6% vs prior filing year
Program spending
66%
of expenses reach program services▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$1.8M
FY2024▼ -16%
Total assets by fiscal year
FY2020$877K
FY2021$1.1M
FY2022$1.1M
FY2023$1.1M
FY2024$2.1M
FY2024$1.8M
Total liabilities
$421K
FY2024▼ -44%
Total liabilities by fiscal year
FY2020$291K
FY2021$133K
FY2022$61K
FY2023$141K
FY2024$758K
FY2024$421K
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.8M
Total liabilitiesLn 26$421K
Total net assetsLn 32$1.3M
Months of cash on handcomputed4.5

Statement of Revenue

Part VIII
Contributions & grants$2.2M · 65%
Program service revenue$1.2M · 35%
Investment income$21K · 1%
Contributions & grants65%$2.2M
Program service revenue35%$1.2M
Investment income1%$21K
Other revenue$2K
— government grantsLn 1e$2.2M
Total revenueLn 12$3.4M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $3.4M
4.5 months
Where the money goes
Program services
Program services $2.3M · Total expenses $3.4M
66%
Management & General
Management & general $1.1M · Total expenses $3.4M
31%
Fundraising
Fundraising $89K · Total expenses $3.4M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $135K · Solicited contributions (3-yr avg) $1.5M
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.2M · Total revenue $3.4M
65%
Government reliance
Government grants $2.2M · Total revenue $3.4M
64%
Earned-income share
Program service revenue $1.2M · Total revenue $3.4M
35%
Investment reliance
Investment income $21K · Total revenue $3.4M
+0.6%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $3.4M
35%
Growth & trend
Revenue growth (YoY)
This year $3.4M · Prior year $3.3M
+4%
Revenue CAGR
FY2019 $1.6M · FY2024 $3.4M
+17%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.4M · Expenses $3.4M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
—
Net-asset ratio
Net assets $1.3M · Total assets $1.8M
76%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.8M
0%
People & payroll
Highest Reported Total Compensation
Individual Lisa E Raffel · Reported title Exec Director · Highest reported compensation $206K · Total expenses $3.4M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.7M · Total expenses $3.4M
78%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%——
Overhead ratio 31%——
Fundraising cost ratio 4%——
Revenue growth 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Exec Director
$206,456Pt VII · Sec A
VP of Operations & Finance
$170,087Pt VII · Sec A
Director of High School & College
$116,816Pt VII · Sec A
Director of College Success
$100,939Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Lisa E Raffel’s $206K as Exec Director is at the 88th percentile of top reported officer pay among 1552 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Lisa E Raffel$206,456$172,668$165,488$177,249$72,894—
Kimberly Ingram$170,087$133,079$118,488———
Rondell Gibson$116,816$106,716————
Carl B Featherston————$113,697—
Andres Robles———$109,878——
Kristen Dambrowski———$109,275——
Chinna Ford$100,939—————
Laura Cox————$18,067$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Helps Marin City children succeed in school and graduate from college.

Provided by the organization

This section is blank until Bridge the Gap College Prep claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $2.3M of program spending, described in the organization's own filed words · FY2024.
01

TK-8 AfterschoolApproximately 100 students are served daily. Children receive academic support, enrichment opportunities and social emotional guidance. Staff engage with families and the school staff so that our services are aligned with the community schools approach.High School and CollegeApproximately 125 students are served each week…

$2.3Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 24 funders →
Grants paid · 7 grants · $593K · 2019–2024
Unitemized GrantFY2024$50,130
Unitemized GrantFY2023$33,500
Unitemized GrantFY2022$199,101
Unitemized GrantFY2022$199,101
Unitemized GrantFY2021$48,504
Unitemized GrantFY2020$41,686
Unitemized GrantFY2019$20,828

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $3.3M$3.0M+25% 990 PDF
FY2023 $2.7M$2.7M+39% 990 PDF
FY2022 $1.9M$1.8M-14% 990 PDF
FY2021 $2.2M$1.9M+40% 990 PDF
FY2020 $1.6M$1.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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