Is Bridge Charitable Fund Legit?

Quick charity verification for Bridge Charitable Fund (EIN: 16019398)

Verdict: Bridge Charitable Fund appears trustworthy

70/100Mission Score
$9KRevenue
$9KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Bridge Charitable Fund demonstrates consistent financial activity, with revenues and expenses fluctuating around the $5,000-$11,000 range over the past six filing periods. The organization's assets have seen a gradual decline from a high of $16,886 in 2021 to $11,757 in 2024, while liabilities have remained minimal at $1 or $0, indicating a healthy balance sheet free from significant debt. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership or that compensation is covered by other means, which can be a positive indicator for donor confidence. However, with expenses frequently exceeding revenue, as seen in 2024 ($11,170 expenses vs. $7,381 revenue) and 2022 ($7,896 expenses vs. $6,095 revenue), the organization appears to be drawing down its asset base to cover operational costs. This trend, if continued, could impact long-term sustainability. Further details on program spending versus administrative and fundraising costs would provide a clearer picture of spending efficiency, as this data is not explicitly provided in the summary.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages