Bridgeprep Academy Inc
85% goes to programs Thin reserves Growing revenue
Bridgeprep Academy Inc is a 501(c)(3) organization based in Miami, Florida, registered in 2015, with $114,039,503 in FY2023 revenue. CharityIndex grades it C+, and it directs about 85% of spending to programs.
9875 Sw 72nd St, Miami, FL, 33173 EIN 27-0557724 Since 2015
Revenue (FY2023)
$114.0M
▲ 100.8% vs prior year
Education median: $200K
Expenses (FY2023)
$109.1M
Net assets
$414K
Employees
1,827
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating85% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bridgeprep Academy Inc: 85% to programs earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bridgeprep Academy Inc: 0 mo reserves · +4% margin earns a C on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bridgeprep Academy Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bridgeprep Academy Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Bridgeprep academy believes every child learns best in a safe, nurturing and stimulating environment where high academic expectations, self-esteem, good character, and an appreciation for the arts are promoted. bridgeprep academys mission is to provide a challenging academic curriculum that will encompass an enriched spanish language program, technology and experiences that will enable students to develop in all areas. bridgeprep academys goal is to educate well rounded individuals and enable students to reach their maximum potential.
Contact & location
- Address
- 9875 Sw 72nd St, Miami, FL, 33173
- City
- Miami
- State
- Florida
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $14.5M (FY2015) to $114.0M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $222.0MNet assets $414K
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$222.4M
Total liabilities
$222.0M
Net assets
$414K
Salaries & benefits
$31.4M
29% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $114,039,503▲101% | $109,087,576▲89.1% | $414,020▼43.9% | $222,435,104▲88.5% | 990 |
| 2022 | $56,786,728▲37.9% | $57,702,527▲24.2% | $738,013▲164% | $117,985,527▲6.7% | 990 |
| 2021 | $41,164,985▲17.0% | $46,448,690▲40.0% | -$1,145,734▼128% | $110,620,259▲892% | 990 |
| 2020 | $35,186,838▲12.7% | $33,171,339▲8.3% | $4,137,971▲95.0% | $11,150,990▲83.6% | 990 |
| 2019 | $31,209,839▲21.4% | $30,617,340▲13.6% | $2,122,472▲38.7% | $6,072,860▲17.1% | 990 |
| 2018 | $25,708,075▲18.7% | $26,963,257▲26.7% | $1,529,973▼45.1% | $5,184,133▲1.7% | 990 |
| 2017 | $21,651,064▲37.5% | $21,277,153▲44.3% | $2,785,155▲15.5% | $5,096,214▲43.6% | 990 |
| 2016 | $15,745,968▲8.7% | $14,749,630▲8.8% | $2,411,244▲70.4% | $3,548,118▲49.0% | 990 |
| 2015 | $14,491,093 | $13,553,912 | $1,414,906 | $2,381,279 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Genaro Navarro — $162,855 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Genaro Navarro | Principal | 40 | $162,855 |
| Patricia Garcia | Principal | 40 | $145,710 |
| Marvin Pitts | Principal | 40 | $138,981 |
| Ana Natali | Principal | 40 | $111,148 |
| Sara Judith Montes De Oca | Principal | 40 | $101,261 |
| Antonietta Digirolamo | Principal | 40 | $100,637 |
| Connie Arnold | Director | 5 | — |
| Ed Weisman | Treasurer | 5 | — |
| Leah Burton | Director | 5 | — |
| Lou Lofranco | Vice Princip | 5 | — |
| Tom Sutterfield | Chair | 5 | — |
| Wyatt Truscheit | Cfo | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Smart Management | Edu, Service | $6,925,727 |
| Mg3 Kendall LLC | Landlord | $2,832,471 |
| Mg3 Doral School LLC | Landlord | $2,360,751 |
| Technology Labs LLC | Computers | $1,252,395 |
| Mg3 Koa LLC | Landlord | $1,237,203 |
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Frequently asked questions
- Is Bridgeprep Academy Inc a legitimate nonprofit?
- Yes. Bridgeprep Academy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-0557724, based in Miami, Florida. Donations are tax-deductible.
- What is Bridgeprep Academy Inc's EIN?
- Bridgeprep Academy Inc's Employer Identification Number (EIN) is 27-0557724.
- How much revenue does Bridgeprep Academy Inc report?
- Bridgeprep Academy Inc reported $114,039,503 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Bridgeprep Academy Inc's spending goes to programs?
- Bridgeprep Academy Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bridgeprep Academy Inc have?
- CharityIndex grades Bridgeprep Academy Inc C+, based on program efficiency and fundraising cost.
- How much does Bridgeprep Academy Inc's highest-paid employee make?
- The highest reported compensation on Bridgeprep Academy Inc's latest Form 990 is $162,855, paid to Genaro Navarro (Principal).
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Data for Bridgeprep Academy Inc (EIN 27-0557724) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.