Bridges Healthcare Inc
EIN: 832617585 · Wichita, KS · NTEE: E19
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $419K |
| Net Assets | $-1,916,191 |
Is Bridges Healthcare Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bridges Healthcare Inc
Bridges Healthcare Inc (EIN: 832617585) is a nonprofit organization based in Wichita, KS, classified under NTEE code E19. The organization reported total revenue of $107K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridges Healthcare Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridges Healthcare Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $419K |
| Surplus / Deficit | $-322,983 |
| Total Assets | $16K |
| Total Liabilities | $1.9M |
| Net Assets | $-1,916,191 |
| Operating Margin | -336.9% |
| Debt-to-Asset Ratio | 12214.8% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, Bridges Healthcare Inc reported a deficit of $323K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 12214.8% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Bridges Healthcare Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.3% | -17.0% | +57.0% |
| 2022 | -28.9% | -25.7% | -92.9% |
| 2021 | +59.0% | +14.2% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bridges Healthcare Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bridges Healthcare Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $323K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12214.8%.
Frequently Asked Questions about Bridges Healthcare Inc
Is Bridges Healthcare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridges Healthcare Inc (EIN: 832617585) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bridges Healthcare Inc spend its money?
Detailed spending breakdown data is not yet available for Bridges Healthcare Inc. Check back for updated IRS 990 analysis.
Are donations to Bridges Healthcare Inc tax-deductible?
Bridges Healthcare Inc is registered as a tax-exempt nonprofit (EIN: 832617585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bridges Healthcare Inc located?
Bridges Healthcare Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 832617585. It is classified under NTEE code E19.
How many years of IRS 990 filings does Bridges Healthcare Inc have?
Bridges Healthcare Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $107K in total revenue.
Filing History
IRS 990 filing history for Bridges Healthcare Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Bridges Healthcare Inc's revenue has declined by 13.3%, moving from $111K to $96K. Total assets decreased by 88.3% over the same period, from $135K to $16K. Total functional expenses fell by 29.6%, from $595K to $419K. In its most recent filing year (2023), Bridges Healthcare Inc reported a deficit of $323K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $16K in assets (debt-to-asset ratio: 12214.8%), resulting in net assets of $-1,916,191.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $419K | $16K | $1.9M | — | — |
| 2022 | $125K | $505K | $10K | $1.6M | — | View 990 |
| 2021 | $176K | $679K | $143K | $1.4M | — | — |
| 2020 | $111K | $595K | $135K | $844K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $419K, and assets of $16K (revenue -23.3% year-over-year).
- 2022: Revenue of $125K, expenses of $505K, and assets of $10K (revenue -28.9% year-over-year).
- 2021: Revenue of $176K, expenses of $679K, and assets of $143K (revenue +59.0% year-over-year).
- 2020: Revenue of $111K, expenses of $595K, and assets of $135K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridges Healthcare Inc:
Data Sources and Methodology
This transparency report for Bridges Healthcare Inc 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.