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Nonprofiteer
← THE BRIDGESPAN GROUP INC

Form 990 for tax year 2024

Filed by THE BRIDGESPAN GROUP INC.

Totals

Total revenue
$91,623,705
Total expenses
$96,944,311
Contributions and grants received
$21,359,087
Grants paid
$0
Program service revenue
$66,320,114
Investment income
$3,692,818
Other revenue
$251,686
Total assets, end of year
$216,462,914
Total liabilities, end of year
$38,301,674
Net assets or fund balances, end of year
$178,161,240
Program services expenses (Part IX)
$79,463,070
Management and general expenses
$16,849,203
Fundraising expenses
$632,038
Program service expenses (Part III)
$79,463,070

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $21,359,087

  • 2a · Program service revenue: SUPPORTING NONPROFITS & NGOS

    total $38,387,019 · related or exempt $36,287,608 · unrelated business $2,099,411

  • 2b · Program service revenue: ADVISING PHILANTHROPY & INVESTORS

    total $27,933,095 · related or exempt $27,933,095

  • 3 · Investment income

    total $3,692,818 · excluded $3,692,818

  • 11a · Other revenue: 401K FORFEITURE

    total $224,213 · excluded $224,213

  • 11b · Other revenue: MISCELLANEOUS

    total $27,473 · excluded $27,473

  • 11e · Other revenue, total

    $251,686

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $5,327,819 · program services $3,637,758 · management and general $1,511,955 · fundraising $178,106

  • 7 · Other salaries and wages

    total $57,165,437 · program services $48,408,496 · management and general $8,492,972 · fundraising $263,969

  • 8 · Pension plan contributions

    total $2,830,747 · program services $2,061,625 · management and general $746,106 · fundraising $23,016

  • 9 · Other employee benefits

    total $12,734,895 · program services $10,920,887 · management and general $1,720,162 · fundraising $93,846

  • 11a · Fees: management

    total $3,896,982 · program services $3,577,419 · management and general $319,563

  • 11b · Fees: legal

    total $181,056 · management and general $181,056

  • 11c · Fees: accounting

    total $260,844 · management and general $260,844

  • 12 · Advertising and promotion

    total $218,314 · program services $71,800 · management and general $146,514

  • 13 · Office expenses

    total $1,835,360 · program services $1,333,953 · management and general $488,265 · fundraising $13,142

  • 14 · Information technology

    total $2,799,148 · program services $2,034,442 · management and general $744,663 · fundraising $20,043

  • 16 · Occupancy

    total $2,832,320 · program services $2,058,551 · management and general $753,488 · fundraising $20,281

  • 22 · Depreciation, depletion and amortization

    total $2,029,250 · program services $1,474,874 · management and general $539,846 · fundraising $14,530

  • 23 · Insurance

    total $300,848 · program services $218,659 · management and general $80,035 · fundraising $2,154

  • 24a · Other expenses: PROJECT EXPENSE

    total $1,742,723 · program services $1,354,416 · management and general $388,307

  • 24b · Other expenses: RECRUITING

    total $1,201,256 · program services $886,149 · management and general $315,107

  • 24c · Other expenses: TRAINING

    total $972,449 · program services $921,765 · management and general $50,684

  • 24d · Other expenses: SUPPLIES

    total $412,115 · program services $299,528 · management and general $109,636 · fundraising $2,951

  • 24e · All other expenses

    total $202,748 · program services $202,748

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,375,651 · end of year $22,222,718

  • 2 · Savings and temporary cash investments

    beginning of year $519,259 · end of year $448,213

  • 3 · Pledges and grants receivable

    beginning of year $18,348,002 · end of year $12,710,108

  • 4 · Accounts receivable

    beginning of year $18,700,580 · end of year $15,655,697

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,253,746 · end of year $712,977

  • 10a · Land, buildings and equipment: cost or other basis

    $10,488,974

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,085,937

  • 10c · Land, buildings and equipment, net

    beginning of year $3,012,277 · end of year $1,403,037

  • 11 · Investments: publicly traded securities

    beginning of year $135,722,907 · end of year $156,961,798

  • 15 · Other assets

    beginning of year $6,616,969 · end of year $6,348,366

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,934,900 · end of year $33,053,308

  • 19 · Deferred revenue

    beginning of year $1,691,060 · end of year $5,248,366

  • 27 · Net assets without donor restrictions

    beginning of year $100,625,724 · end of year $99,757,886

  • 28 · Net assets with donor restrictions

    beginning of year $71,297,707 · end of year $78,403,354

Mission and programs · 2024

Mission

BRIDGESPAN'S MISSION IS TO BUILD A BETTER WORLD BY STRENGTHENING THE ABILITY OF MISSION-DRIVEN ORGANIZATIONS AND PHILANTHROPISTS TO ACHIEVE BREAKTHROUGH RESULTS IN ADDRESSING SOCIETY'S MOST IMPORTANT CHALLENGES AND OPPORTUNITIES.

  • ADVISING PHILANTHROPY AND IMPACT INVESTORS FOR GREATER SOCIAL IMPACTWE HELP THE WORLD'S LEADING DONORS AND PHILANTHROPIES CRAFT AND ACHIEVE THEIR VISION FOR A MORE JUST AND EQUITABLE WORLD THROUGH THE FOLLOWING SERVICES: - DEVELOPING HIGH-IMPACT GIVING STRATEGIES - SOURCING AND STRUCTURING PHILANTHROPIC INVESTMENTS - DESIGNING AND REALIZING SPECIAL INITIATIVES / PROJECTS - STRUCTURING AND MANAGING PHILANTHROPIC ENTITIES - INCREASING IMPACT AND EFFECTIVENESS OF GRANTEESTHROUGH BRIDGESPAN SOCIAL IMPACT (BSI), A FULLY-OWNED SUBSIDIARY, WE ALSO ADVISE A VARIETY OF INSTITUTIONAL INVESTORS, FOUNDATIONS, AND FAMILY OFFICES ON HOW TO INCORPORATE SOCIAL AND ENVIRONMENTAL IMPACT INVESTING INTO THEIR PORTFOLIOS WITH A FOCUS ON THE FOLLOWING SUPPORTS: - IMPACT STRATEGY - IMPACT DILIGENCE - IMPACT VALUE CREATION

    Expenses $40,432,854 · Revenue $36,287,608

  • SUPPORTING NONPROFITS AND NGOS TO ACHIEVE IMPACT ASPIRATIONSWE SUPPORT NONPROFITS AND NGOS IN TWO PRIMARY WAYS. FIRST, WE OFFER CUSTOMIZED ADVISING, IN WHICH WE PARTNER CLOSELY WITH A DIVERSE SET OF NONPROFITS / NGOS AND SUPPORT THEM ON A RANGE OF TOPICS AND PRIORITIES: - STRATEGIC CLARITY - GROWTH AND SCALING - PROGRAM STRATEGY AND ALIGNMENT - FUNDING STRATEGY - ORGANIZATIONAL EFFECTIVENESS AND DESIGNSECOND, WE OFFER COHORT-BASED ADVISING, IN WHICH WE OFFER COACHING AND CAPACITY-BUILDING PROGRAMS FOR GROUPS OF LEADERSHIP TEAMS: - LEADING FOR IMPACT (LFI): 12-MONTH COHORT-BASED EXPERIENCE THAT COMBINES CLASSROOM SESSIONS AND TARGETED PROJECT SUPPORT - LEADERSHIP ACCELERATOR (US) AND BRIDGESPAN NONPROFIT DEVELOPMENT PROGRAM (ASIA AND AFRICA): SUPPORT FOR NGO LEADERSHIP TEAMS ON CRITICAL STRATEGY AND MANAGEMENT CHALLENGES THROUGH A COMBINATION OF DIGITAL TOOLS, WORKSHOPS, AND 1-ON-1 COACHING

    Expenses $32,037,153 · Revenue $27,933,095

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $6,993,063

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • William Foster

    MANAGING PARTNER

    Total calculated
    $717,347
    From this org
    $642,957
    From related orgs
    $0
    Other
    $74,390
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $485,394
    Bonus
    $72,563
    Other
    $85,000
    Deferred
    $34,213
    Nontaxable benefits
    $40,177
    Filer's total
    $717,347
  • Thomas J Tierney

    CO-CHAIR, CO-FOUNDER

    Total calculated
    $34,970
    From this org
    $0
    From related orgs
    $0
    Other
    $34,970
    Hours/week
    50
  • Jeffrey L Bradach

    PARTNER, CO-FOUNDER

    Total calculated
    $661,082
    From this org
    $587,326
    From related orgs
    $0
    Other
    $73,756
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $444,826
    Bonus
    $67,500
    Other
    $75,000
    Deferred
    $33,969
    Nontaxable benefits
    $39,787
    Filer's total
    $661,082
  • Fred Blackwell

    TRUSTEE (THRU 9/30/25)

    Total calculated
    $0
    Hours/week
    1
  • Daniel Cardinali

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Maya Chorengel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Cheryl Dorsey

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Kara Gruver

    TRUSTEE (THRU 12/31/24)

    Total calculated
    $0
    Hours/week
    1
  • Greg Gunn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Julia Lopez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Manny Maceda

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Nitin Nohria

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ndidi Okonkwo Nwuneli

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Rimel

    TRUSTEE (THRU 6/30/25)

    Total calculated
    $0
    Hours/week
    1
  • Amanda Taft-Pearman

    PARTNER & COO & TREASURER

    Total calculated
    $542,212
    From this org
    $464,425
    From related orgs
    $0
    Other
    $77,787
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $351,925
    Bonus
    $52,500
    Other
    $60,000
    Deferred
    $37,850
    Nontaxable benefits
    $39,937
    Filer's total
    $542,212
  • Nithin Iyengar

    PARTNER

    Total calculated
    $449,087
    From this org
    $372,932
    From related orgs
    $0
    Other
    $76,155
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $302,182
    Bonus
    $70,750
    Other
    $0
    Deferred
    $36,950
    Nontaxable benefits
    $39,205
    Filer's total
    $449,087
  • Stephanie Kater

    PARTNER

    Total calculated
    $428,852
    From this org
    $234,312
    From related orgs
    $150,300
    Other
    $44,240
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $141,312 + $150,300 related
    Bonus
    $70,000
    Other
    $23,000
    Deferred
    $4,500
    Nontaxable benefits
    $39,740
    Filer's total
    $278,552 + $150,300 related
  • Alex Neuhoff

    PARTNER

    Total calculated
    $438,034
    From this org
    $363,725
    From related orgs
    $0
    Other
    $74,309
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $293,725
    Bonus
    $70,000
    Other
    $0
    Deferred
    $36,500
    Nontaxable benefits
    $37,809
    Filer's total
    $438,034
  • Peter Kim

    CHIEF PEOPLE CULTURE OFFICER

    Total calculated
    $423,150
    From this org
    $340,299
    From related orgs
    $0
    Other
    $82,851
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $294,549
    Bonus
    $45,750
    Other
    $0
    Deferred
    $36,950
    Nontaxable benefits
    $45,901
    Filer's total
    $423,150
  • Preeta Nayak

    PARTNER

    Total calculated
    $435,352
    From this org
    $361,686
    From related orgs
    $0
    Other
    $73,666
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $314,061
    Bonus
    $47,625
    Other
    $0
    Deferred
    $35,744
    Nontaxable benefits
    $37,922
    Filer's total
    $435,352
  • Gail Perreault

    PARTNER

    Total calculated
    $458,469
    From this org
    $384,311
    From related orgs
    $0
    Other
    $74,158
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $334,061
    Bonus
    $50,250
    Other
    $0
    Deferred
    $36,122
    Nontaxable benefits
    $38,036
    Filer's total
    $458,469
  • Jan Schwier

    PARTNER

    Total calculated
    $436,342
    From this org
    $387,283
    From related orgs
    $0
    Other
    $49,059
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $294,283
    Bonus
    $70,000
    Other
    $23,000
    Deferred
    $11,250
    Nontaxable benefits
    $37,809
    Filer's total
    $436,342
  • Nidhi Sahni

    PARTNER

    Total calculated
    $536,076
    From this org
    $484,142
    From related orgs
    $0
    Other
    $51,934
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $380,642
    Bonus
    $80,500
    Other
    $23,000
    Deferred
    $10,550
    Nontaxable benefits
    $41,384
    Filer's total
    $536,076
  • Kristen Loureiro

    PARTNER

    Total calculated
    $400,440
    From this org
    $345,994
    From related orgs
    $0
    Other
    $54,446
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $279,681
    Bonus
    $43,313
    Other
    $23,000
    Deferred
    $10,350
    Nontaxable benefits
    $44,096
    Filer's total
    $400,440
  • Willa Seldon

    PARTNER

    Total calculated
    $496,556
    From this org
    $423,844
    From related orgs
    $0
    Other
    $72,712
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $369,094
    Bonus
    $54,750
    Other
    $0
    Deferred
    $38,056
    Nontaxable benefits
    $34,656
    Filer's total
    $496,556
  • Christopher Addy

    PARTNER

    Total calculated
    $524,660
    From this org
    $444,853
    From related orgs
    $0
    Other
    $79,807
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $379,875
    Bonus
    $64,978
    Other
    $0
    Deferred
    $37,656
    Nontaxable benefits
    $42,151
    Filer's total
    $524,660
  • Katherine Kaufmann

    PARTNER

    Total calculated
    $509,614
    From this org
    $433,268
    From related orgs
    $0
    Other
    $76,346
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $387,762
    Bonus
    $45,506
    Other
    $0
    Deferred
    $35,791
    Nontaxable benefits
    $40,555
    Filer's total
    $509,614
  • Lija A Farnham

    PARTNER

    Total calculated
    $423,379
    From this org
    $352,828
    From related orgs
    $0
    Other
    $70,551
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $286,015
    Bonus
    $41,813
    Other
    $25,000
    Deferred
    $32,788
    Nontaxable benefits
    $37,763
    Filer's total
    $423,379

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
DISCRETIONARY COMPENSATION TO A SELECT NUMBER OF STAFF FOR OUTSTANDING PERFORMANCE. PART II, COLUMN B(II): THIS COLUMN INCLUDES 1) DISCRETIONARY COMPENSATION PAID TO A SELECT NUMBER OF STAFF FOR OUTSTANDING PERFORMANCE, AND 2) AMOUNTS PAID PURSUANT TO THE ORGANIZATION'S INCENTIVE COMPENSATION PROGRAM FOLLOWING ACHIEVEMENT OF CERTAIN ORGANIZATION-WIDE PERFORMANCE GOALS. PART II, COLUMN B(III): THIS COLUMN INCLUDES SABBATICAL PAY FOR CERTAIN EMPLOYEES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BRIDGESPAN INDIA PRIVATE LIMITED

    C · ADVISORY SERVICES · IN · 90% owned · share of income $1,423,457 · share of assets $4,414,847 · controlled entity

    Directly controlled by THE BRIDGESPAN GROUP INC

  • BRIDGESPAN SOCIAL IMPACT INC

    C · ADVISORY SERVICES · MA · 100% owned · share of income $95,651 · share of assets $2,388,040 · controlled entity

    Directly controlled by THE BRIDGESPAN GROUP INC

  • BRIDGESPAN AFRICA RF

    C · ADVISORY SERVICES · SF · 100% owned · share of income $287,275 · share of assets $1,426,670 · controlled entity

    Directly controlled by THE BRIDGESPAN GROUP INC

  • BRIDGESPAN SOUTHEAST ASIA LTD

    C · ADVISORY SERVICES · SN · 100% owned · share of income $1,011,533 · share of assets $2,318,738 · controlled entity

    Directly controlled by THE BRIDGESPAN GROUP INC

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513189349311961

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