Civic Intelligence

The Bridgespan Group Inc

EIN 31-1625487 • 501(c)3 • Boston, MA

Profile

Bridgespan's mission is to strengthen the ability of nonprofit and philanthropic organizations to achieve breakthrough results in addressing society's most important challenges and opportunities.

Refreshing map…

287 Columbus AveBoston, MA 02116

www.bridgespan.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

39th percentile

0.18x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.42x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

20th percentile

-5.8%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$717,347

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

37th percentile

2.8%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2024

Revenue Growth

20th percentile

-5.4%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2024

Assets

Up

$216,462,914

Up $11,742,312 (+5.7%) from 2022

Liabilities

Up

$38,301,674

Up $8,871,853 (+30%) from 2022

Net Assets

Up

$178,161,240

Up $2,870,459 (+1.6%) from 2022

Revenue

Down

$91,623,705

Down $10,860,896 (-11%) from 2022

Expenses

Up

$96,944,311

Up $23,028,830 (+31%) from 2022

Net Income

Down

-$5,320,606

Down $33,889,726 (-119%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $28,938,562Liabilities 2010: $5,536,067Net Assets 2010: $23,402,4952010Assets 2011: $27,617,518Liabilities 2011: $6,199,286Net Assets 2011: $21,418,2322011Assets 2012: $26,715,460Liabilities 2012: $6,382,363Net Assets 2012: $20,333,0972012Assets 2013: $25,652,196Liabilities 2013: $6,982,435Net Assets 2013: $18,669,7612013Assets 2015: $80,669,121Liabilities 2015: $10,107,808Net Assets 2015: $70,561,3132015Assets 2016: $82,513,489Liabilities 2016: $12,308,316Net Assets 2016: $70,205,1732016Assets 2017: $77,034,167Liabilities 2017: $15,134,578Net Assets 2017: $61,899,5892017Assets 2018: $63,600,879Liabilities 2018: $15,940,352Net Assets 2018: $47,660,5272018Assets 2019: $68,749,194Liabilities 2019: $18,961,739Net Assets 2019: $49,787,4552019Assets 2020: $135,704,175Liabilities 2020: $20,630,219Net Assets 2020: $115,073,9562020Assets 2021: $174,186,501Liabilities 2021: $24,903,716Net Assets 2021: $149,282,7852021Assets 2022: $204,720,602Liabilities 2022: $29,429,821Net Assets 2022: $175,290,7812022Assets 2024: $216,462,914Liabilities 2024: $38,301,674Net Assets 2024: $178,161,2402024

Highlighted filing

2024

Assets$216,462,914
Liabilities$38,301,674
Net Assets$178,161,240

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $29,959,8902010Expenses 2011: $31,350,9082011Expenses 2012: $33,059,4522012Revenue 2013: $27,537,678Expenses 2013: $29,754,677Net Income 2013: -$2,216,9992013Revenue 2015: $38,556,484Expenses 2015: $32,335,401Net Income 2015: $6,221,0832015Revenue 2016: $39,287,570Expenses 2016: $38,882,933Net Income 2016: $404,6372016Revenue 2017: $39,141,842Expenses 2017: $47,303,748Net Income 2017: -$8,161,9062017Revenue 2018: $36,612,929Expenses 2018: $50,565,034Net Income 2018: -$13,952,1052018Revenue 2019: $54,704,306Expenses 2019: $54,067,964Net Income 2019: $636,3422019Revenue 2020: $118,468,231Expenses 2020: $54,604,992Net Income 2020: $63,863,2392020Revenue 2021: $94,948,133Expenses 2021: $62,048,454Net Income 2021: $32,899,6792021Revenue 2022: $102,484,601Expenses 2022: $73,915,481Net Income 2022: $28,569,1202022Revenue 2024: $91,623,705Expenses 2024: $96,944,311Net Income 2024: -$5,320,6062024

Highlighted filing

2024

Revenue$91,623,705
Expenses$96,944,311
Net Income-$5,320,606

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$216$38.3$178$91.6$96.9$5.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$205$29.4$175$102$73.9$28.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$174$24.9$149$94.9$62.0$32.9
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$136$20.6$115$118$54.6$63.9
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.7$19.0$49.8$54.7$54.1$0.64
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.6$15.9$47.7$36.6$50.6$14.0
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.0$15.1$61.9$39.1$47.3$8.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.5$12.3$70.2$39.3$38.9$0.40
2015Detailed filing. Detailed filing data is available for this year.$80.7$10.1$70.6$38.6$32.3$6.22
2013Detailed filing. Detailed filing data is available for this year.$25.7$6.98$18.7$27.5$29.8$2.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.7$6.38$20.3$33.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$6.20$21.4$31.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$5.54$23.4$30.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$91,623,705
Mission and Program Overview

Mission

Bridgespan's mission is to strengthen the ability of mission-driven organizations and philanthropists to achieve breakthrough results in addressing society's most important challenges and opportunities.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$135,722,907$156,961,798▲ $21,238,891
Cash and Non-Interest-Bearing Accounts$19,375,651$22,222,718▲ $2,847,067
Accounts Receivable$18,700,580$15,655,697▼ $3,044,883
Pledges and Grants Receivable$18,348,002$12,710,108▼ $5,637,894
Land, Buildings, and Equipment, Net$3,012,277$1,403,037▼ $1,609,240
Prepaid Expenses and Deferred Charges$1,253,746$712,977▼ $540,769
Savings and Temporary Cash Investments$519,259$448,213▼ $71,046
Total Assets$203,549,391$216,462,914▲ $12,913,523
Other Assets Total$6,616,969$6,348,366▼ $268,603
Liabilities
Accounts Payable and Accrued Expenses$29,934,900$33,053,308▲ $3,118,408
Deferred Revenue$1,691,060$5,248,366▲ $3,557,306
Total Liabilities$31,625,960$38,301,674▲ $6,675,714
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$100,625,724$99,757,886▼ $867,838
Net Assets With Donor Restrictions$71,297,707$78,403,354▲ $7,105,647
Total Net Assets Fund Balance$171,923,431$178,161,240▲ $6,237,809
Total Liabilities and Net Assets / Fund Balance$203,549,391$216,462,914▲ $12,913,523

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$448,262$5,323,131$5,771,393
Equipment$680,121$2,356,664$3,036,785
Other Land Buildings$274,654$1,406,142$1,680,796
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William FosterManaging PartnerFT$485,394$231,953$717,347
Jeffrey L BradachPartner, Co-founderFT$444,826$216,256$661,082
Amanda Taft-pearmanPartner & COO & TreasurerFT$351,925$190,287$542,212
Nidhi SahniPartnerFT$380,642$155,434$536,076
Christopher AddyPartnerFT$379,875$144,785$524,660
Katherine KaufmannPartnerFT$387,762$121,852$509,614
Willa SeldonPartnerFT$369,094$127,462$496,556
Gail PerreaultPartnerFT$334,061$124,408$458,469
Nithin IyengarPartnerFT$302,182$146,905$449,087
Alex NeuhoffPartnerFT$293,725$144,309$438,034
Jan SchwierPartnerFT$294,283$142,059$436,342
Preeta NayakPartnerFT$314,061$121,291$435,352
Lija a FarnhamPartnerFT$286,015$137,364$423,379
Peter KimChief People Culture OfficerFT$294,549$128,601$423,150
Kristen LoureiroPartnerFT$279,681$120,759$400,440
Stephanie KaterPartnerPT$141,312$137,240$278,552
Thomas J TierneyCo-chair, Co-founderFT-$34,970$34,970

Board Members and Trustees

NameTitle
Cheryl DorseyCo-chair
Daniel CardinaliTrustee
Greg GunnTrustee
Julia LopezTrustee
Manny MacedaTrustee
Maya ChorengelTrustee
Ndidi Okonkwo NwuneliTrustee
Nitin NohriaTrustee
Kara GruverTrustee (thru 12/31/24)
Rebecca RimelTrustee (thru 6/30/25)
Fred BlackwellTrustee (thru 9/30/25)

Highest Paid Contractors

ContractorServicesLocationCompensation
CroweConsultingPO BOX 71570, Chicago, IL 60694$536,688
Beacon Hill Solutions GroupStaffingPO BOX 846193, Boston, MA 02284$509,511
Next Step Partners LLCCareer Coaching849 KENISTON AVE, Los Angelas, CA 90005$339,500
Maven Recruiting Group LLCStaffing548 MARKET ST PMB 93690, San Francisco, CA 94104$203,678
Bdo USA LLPConsultingPO BOX 642743, Pittsburg, PA 15264$171,260
Revenue and Support

Revenue Composition

Contributions and Grants
$21,359,087
Program Service Revenue
$66,320,114
Investment Income
$3,692,818
Other Revenue
$251,686
All Other Contributions
$21,359,087
Change in Net Assets
$-5,320,606

Audited Revenue Reconciliation

Revenue per Audited Statements
$91,623,705
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$11,558,415
Total Revenue per Audited Statements
$103,182,120
Total Revenue per Form 990
$91,623,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$78,058,898
Other Expenses$18,885,413
Total Fundraising Expense$632,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$48,408,496$8,492,972$263,969$57,165,437
Other Employee Benefits$10,920,887$1,720,162$93,846$12,734,895
Current Officers, Directors, Trustees, and Key Employees$3,637,758$1,511,955$178,106$5,327,819
Fees for Services Management$3,577,419$319,563-$3,896,982
Occupancy$2,058,551$753,488$20,281$2,832,320
Pension Plan Contributions$2,061,625$746,106$23,016$2,830,747
Information Technology$2,034,442$744,663$20,043$2,799,148
Depreciation Depletion$1,474,874$539,846$14,530$2,029,250
Office Expenses$1,333,953$488,265$13,142$1,835,360
Other Expenses$299,528$109,636$2,951$412,115
Insurance$218,659$80,035$2,154$300,848
Fees for Services Accounting-$260,844-$260,844
Advertising$71,800$146,514-$218,314
All Other Expenses$202,748--$202,748
Fees for Services Legal-$181,056-$181,056
Total Functional Expenses$79,463,070$16,849,203$632,038$96,944,311

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$96,944,311
Total Expenses per Audited Statements$96,944,311
Total Expenses per Form 990$96,944,311
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$6,930,006

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaInvestment-00$3,684,296
East Asia and the PacificInvestment-00$1,997,852
Sub-saharan AfricaInvestment-00$1,247,858
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Bridgespan's form 990 was prepared by senior management and our tax advisors after the completion of the annual audit. A draft copy of the form 990 is reviewed with the audit committee, and a subsequent draft incorporating their comments is prepared and shared with the full board of trustees before filing.

Form 990, Part VI, Section B, Line 12C

Bridgespan's conflict of interest policy requires that members of the board of trustees, and members of the staff designated as management (including all officers and key employees) complete a conflict of interest form that requires disclosure of any interest that could give rise to conflict. This process is repeated annually, in march. The managing partner and a committee of the board of trustees reviews the completed forms, and addresses conflicts as they arise. The interested person who has a conflict may not vote on matters for which there is a conflict of interest and they must be excluded from discussions of matters for which there is a conflict of interest.

Form 990, Part VI, Section B, Line 15

Bridgespan utilizes a process to ensure that compensation for partners is reviewed and approved by independent persons, and that it is based on comparable compensation data from other organizations. Compensation for the managing partners and other partners at bridgespan is reviewed and deliberated annually by the bridgespan board of trustees, and changes to compensation levels are made only with the approval of the full board. Bridgespan commissions an independent third-party compensation survey every three years from an outside consulting firm specializing in compensation to provide benchmarking information on compensation for similar positions in other organizations. In years when the independent third-party survey is not being conducted, the board makes inquiries with compensation experts and other independent sources to determine whether there have been any significant changes or trends that could impact partner compensation levels.

Form 990, Part VI, Section C, Line 19

The financial statements and form 990 of the organization are made available to the public via the massachusetts attorney general website. The original corporate bylaws are part of bridgespan's form 1023, which is a public request document. The bridgespan group's conflict of interest policy is made available upon request.

Filing and Contact Details

Filer

Filer Name
The Bridgespan Group Inc
EIN
31-1625487
Phone
6175722833
Address
287 COLUMBUS AVE, BOSTON, MA 02116

Signing Officer

Name
Abdul Jabbar Ghayoor
Title
VP, Finance & Risk Management
Phone
6175722833
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Foster
Formed
1998
Legal Domicile
De
Voting Board Members
14
Independent Board Members
11
Employees
430
Volunteers
11

Preparer

Firm
Cbiz Advisors LLC
Address
53 STATE STREET 17TH FLOOR, BOSTON, MA 02109
Preparer
Craig Klein
Phone
6178075000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. Interest and penalties assessed, if any, are accrued as income tax expense. The organization has identified its tax status as a tax exempt entity and its determination of its income being related or unrelated as its only significant tax positions. However, the organization has determined that such tax positions do not result in uncertainties requiring recognition. The organization is not currently under examination by any taxing jurisdiction. Federal, state and foreign income tax returns are generally open for examination for three years following the date filed.

Raw XML AppendixShowing 400 of 1,087 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0BRIDGESPAN'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.
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IRS990/Desc0ADVISING 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
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