Human Services
(P820)
IRS Verified
DX Registered
990 on File
THE BRIDGES FOUNDATION
Financial strength (30%)
85/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Bridges Foundation was founded in 1964 by a group of parents who wanted a place for their loved one’s with developmental disabilities to gain vocational training, grow life-skills, and increase independence. ? The mission of the Bridges Foundation quickly became to enhance the quality of life for individuals with developmental disabilities, their families, and our community through training, education, employment services and advocacy. ? Today, the agency continues to put this mission into action by providing connections to quality job placements, supported community employment, on-the-job training, and community resources to both the clients and their families.
Financial Overview — FY 2024
$2.7M
Total Revenue
$2.6M
Total Expenses
$2.0M
Net Assets
160
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.9%
Fundraising Efficiency
4294.1%
Operating Reserve
9.28x
Liability-to-Asset
5.3%
Revenue Diversification
62.8%
Executive Compensation
$106K
Compared with Peers
FY 2024
Compared with 7,588 similar organizations
(United States, Human Services, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.9% | 85.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.9% | 11.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.2% | 0.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
4294.1% | 121.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.3 mo | 8.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.3% | 13.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
62.8% | 93.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
10.3% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.0% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.7% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.7M | $2.6M | $2.0M | 82.9% | 160 |
| 2023 | $2.4M | $2.6M | $2.0M | 82.5% | 170 |
| 2022 | $2.7M | $2.3M | $2.2M | 82.9% | 167 |
| 2021 | $2.6M | $2.2M | N/A | — | 167 |
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