Bridges Community Academy

Bridges Community Academy faces significant financial challenges with liabilities consistently exceeding assets.

EIN: 134269818 · Tiffin, OH · Updated: 2026-03-28

$1.9MRevenue

$1.4MAssets

45/100Mission Score (Fair)

Is Bridges Community Academy Legit?

Significant Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

ModerateTransparency

3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Bridges Community Academy directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bridges Community Academy

Bridges Community Academy (EIN: 134269818) is a nonprofit organization based in Tiffin, OH. The organization reported total revenue of $1.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridges Community Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Bridges Community Academy demonstrates a concerning financial trend with liabilities significantly outweighing assets across all reported periods. In 2023, assets were $1,112,189 while liabilities stood at $2,690,337, indicating a substantial negative net asset position. While revenue has shown growth, increasing from $825,118 in 2021 to $1,621,254 in 2023, the organization's ability to manage its debt is a major concern. The reported officer compensation has consistently been 0%, which is a positive indicator of executive cost control and transparency regarding top-level salaries. However, without a detailed breakdown of expenses, it's difficult to fully assess spending efficiency beyond the overall revenue-to-expense ratio. The significant liabilities suggest potential long-term financial instability that could impact program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bridges Community Academy with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Bridges Community Academy allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, suggesting either a volunteer leadership structure or that compensation is not reported under 'officer compensation' on the 990, which warrants further investigation given the organization's size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Bridges Community Academy's IRS 990 filings:

Significant negative net assets: Liabilities consistently and substantially exceed assets (e.g., $2,690,337 liabilities vs. $1,112,189 assets in 2023).
High debt burden relative to organizational size and revenue.
Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.

Strengths

The following positive indicators were identified for Bridges Community Academy:

Consistent revenue growth from $825,118 in 2021 to $1,621,254 in 2023.
Reported 0% officer compensation, indicating strong cost control at the executive level or a volunteer leadership model.

Frequently Asked Questions about Bridges Community Academy

Is Bridges Community Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Bridges Community Academy (EIN: 134269818) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

How does Bridges Community Academy spend its money?

Bridges Community Academy directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Bridges Community Academy tax-deductible?

Bridges Community Academy is registered as a tax-exempt nonprofit (EIN: 134269818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Bridges Community Academy plan to address its substantial liabilities?

The filings consistently show liabilities significantly exceeding assets (e.g., $2,690,337 in liabilities vs. $1,112,189 in assets in 2023), indicating a need for a clear strategy to improve its balance sheet.

What is the detailed breakdown of the organization's expenses?

Without a detailed expense breakdown beyond total expenses, it's difficult to assess the efficiency of program spending versus administrative or fundraising costs. For example, in 2023, expenses were $876,889 against $1,621,254 in revenue.

Is the 0% officer compensation accurate and sustainable?

While 0% officer compensation is positive for cost control, for an organization with over $1.6 million in revenue, it raises questions about how leadership is compensated or if key personnel are classified differently.

Filing History

IRS 990 filing history for Bridges Community Academy showing financial trends over 3 years of public records:

Over 3 years of IRS 990 filings (2021–2023), Bridges Community Academy's revenue has grown by 96.5%, moving from $825K to $1.6M. Total assets increased by 22.9% over the same period, from $905K to $1.1M. Total functional expenses fell by 28.9%, from $1.2M to $877K. In its most recent filing year (2023), Bridges Community Academy reported a surplus of $744K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $1.1M in assets (debt-to-asset ratio: 241.9%), resulting in net assets of $-1,578,148.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.6M	$877K	$1.1M	$2.7M	—	—
2022	$820K	$459K	$723K	$3.0M	—	View 990
2021	$825K	$1.2M	$905K	$4.0M	—	—

Year-by-Year Financial Summary

2023: Revenue of $1.6M, expenses of $877K, and assets of $1.1M (revenue +97.8% year-over-year).
2022: Revenue of $820K, expenses of $459K, and assets of $723K (revenue -0.6% year-over-year).
2021: Revenue of $825K, expenses of $1.2M, and assets of $905K.

Data Sources and Methodology

This transparency report for Bridges Community Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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