Bridges Inc
Bridges Inc: Declining Revenue, Stable Assets, and High Program Spending
EIN: 222776414 · Jamestown, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $7.7M |
| Program Spending | 85% |
| Net Assets | $4.7M |
| Transparency Score | 75/100 |
Is Bridges Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bridges Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bridges Inc
Bridges Inc (EIN: 222776414) is a nonprofit organization based in Jamestown, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridges Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridges Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $6.2M |
| Total Liabilities | $1.5M |
| Net Assets | $4.7M |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 23.7% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2015, Bridges Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.7% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), Bridges Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +128.7% | +103.8% | +6.9% |
| 2014 | -47.3% | -49.4% | -7.7% |
| 2013 | -0.5% | +1.9% | +24.5% |
| 2012 | +3.1% | -1.2% | +8.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bridges Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bridges Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific figures, as the provided data does not include this information.
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 Inc's IRS 990 filings:
- Revenue has shown a significant decline from $8,932,501 in 2015 to $3,906,280 in 2014, and then a rebound to $7,412,330 in 2013, indicating potential instability.
- The organization's net assets have fluctuated, with a notable drop from $6,225,358 in 2015 to $5,825,807 in 2014, and then a rise to $6,313,853 in 2013.
Strengths
The following positive indicators were identified for Bridges Inc:
- Consistently high percentage of expenses allocated to programs, indicating a strong focus on mission delivery.
- Assets have remained relatively stable over the years, suggesting sound financial management despite revenue fluctuations.
- The organization has consistently filed its financial reports, demonstrating transparency in its operations.
Frequently Asked Questions about Bridges Inc
Is Bridges Inc a legitimate charity?
Bridges Inc (EIN: 222776414) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Bridges Inc spend its money?
Bridges Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bridges Inc tax-deductible?
Bridges Inc is registered as a tax-exempt nonprofit (EIN: 222776414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bridges Inc's spending goes to programs?
Bridges Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bridges Inc located?
Bridges Inc is headquartered in Jamestown, Rhode Island and files with the IRS under EIN 222776414.
How many years of IRS 990 filings does Bridges Inc have?
Bridges Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Bridges Inc do?
Bridges Inc is a nonprofit organization in the Unknown sector, located in Jamestown, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Bridges Inc have?
Bridges Inc reported total revenue of N/A. Based on 5 IRS 990 filings on record.
What are Bridges Inc's total assets?
Bridges Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Bridges Inc located?
Bridges Inc is based in Jamestown, Rhode Island.
What is Bridges Inc's EIN?
Bridges Inc's Employer Identification Number (EIN) is 222776414. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bridges Inc?
Bridges Inc is classified under NTEE code Unknown (Unknown).
Is Bridges Inc a registered 501(c)(3)?
Bridges Inc appears in IRS records (EIN: 222776414). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Bridges Inc file IRS Form 990?
Yes, Bridges Inc has 5 IRS Form 990 filings on record. The most recent covers tax period 201506.
What was Bridges Inc's revenue in 2015?
In the 201506 filing period, Bridges Inc reported total revenue of $8,932,501, total expenses of $7,665,613, and net assets of $6,225,358.
Is Bridges Inc's revenue growing or declining?
Bridges Inc's revenue is growing. Revenue went from $3,906,280 (201406) to $8,932,501 (201506), a +128.7% change. Based on 5 filings on record.
What is Bridges Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bridges Inc covers tax period 201506. It shows revenue of $8,932,501, expenses of $7,665,613, total assets of $6,225,358, and liabilities of $1,477,236.
How much does Bridges Inc spend on programs vs administration?
Based on IRS 990 analysis, Bridges Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Bridges Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bridges Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Bridges Inc?
The following concerns were identified: Revenue has shown a significant decline from $8,932,501 in 2015 to $3,906,280 in 2014, and then a rebound to $7,412,330 in 2013, indicating potential instability.. The organization's net assets have fluctuated, with a notable drop from $6,225,358 in 2015 to $5,825,807 in 2014, and then a rise to $6,313,853 in 2013.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bridges Inc's strengths?
Positive indicators for Bridges Inc include: Consistently high percentage of expenses allocated to programs, indicating a strong focus on mission delivery.. Assets have remained relatively stable over the years, suggesting sound financial management despite revenue fluctuations.. The organization has consistently filed its financial reports, demonstrating transparency in its operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Bridges Inc compensate executives?
Executive compensation cannot be assessed without specific figures, as the provided data does not include this information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant revenue fluctuations, what strategies has Bridges Inc. implemented to maintain asset stability and high program spending?
Despite revenue volatility, Bridges Inc. has managed to maintain relatively stable assets and a high percentage of program spending, suggesting effective cost control and potentially diverse funding sources or strategic reserve utilization, though specific strategies are not detailed in the provided data.
How does the shift in fiscal year end (from June to December) between 2014 and 2013 impact the comparability of financial performance?
The change in fiscal year end from June (2015, 2014) to December (2013, 2012, 2011) makes direct year-over-year comparisons challenging, as the reporting periods are not consistent. This could obscure underlying trends or make performance analysis less accurate without further adjustments.
Filing History
IRS 990 filing history for Bridges Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Bridges Inc's revenue has grown by 23.7%, moving from $7.2M to $8.9M. Total assets increased by 33.2% over the same period, from $4.7M to $6.2M. Total functional expenses rose by 3.8%, from $7.4M to $7.7M. In its most recent filing year (2015), Bridges Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $6.2M in assets (debt-to-asset ratio: 23.7%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $8.9M | $7.7M | $6.2M | $1.5M | — | View 990 |
| 2014 | $3.9M | $3.8M | $5.8M | $2.4M | — | View 990 |
| 2013 | $7.4M | $7.4M | $6.3M | $3.0M | — | View 990 |
| 2012 | $7.4M | $7.3M | $5.1M | $1.8M | — | View 990 |
| 2011 | $7.2M | $7.4M | $4.7M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $8.9M, expenses of $7.7M, and assets of $6.2M (revenue +128.7% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.8M, and assets of $5.8M (revenue -47.3% year-over-year).
- 2013: Revenue of $7.4M, expenses of $7.4M, and assets of $6.3M (revenue -0.5% year-over-year).
- 2012: Revenue of $7.4M, expenses of $7.3M, and assets of $5.1M (revenue +3.1% year-over-year).
- 2011: Revenue of $7.2M, expenses of $7.4M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridges Inc:
Data Sources and Methodology
This transparency report for Bridges 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.