Bridges Medical Center

Bridges Medical Center shows consistent revenue growth and zero reported officer compensation over the past decade.

EIN: 200479568 · Ada, MN · NTEE: E20 · Updated: 2026-03-28

$16.2MRevenue

$24.7MAssets

95/100Mission Score (Excellent)

E20

About Bridges Medical Center

Bridges Medical Center (EIN: 200479568) is a nonprofit organization based in Ada, MN, classified under NTEE code E20. The organization reported total revenue of $16.2M and total assets of $24.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridges Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Bridges Medical Center demonstrates a consistent pattern of financial growth and operational efficiency over the past decade. Revenue has steadily increased from $7.7 million in 2014 to over $12.2 million in 2023, indicating a growing capacity to serve its community. The organization consistently maintains a healthy asset base, growing from $8 million in 2014 to over $21.5 million in 2023, which provides a strong foundation for its operations. The reported officer compensation of 0% across all available filings suggests a high degree of financial transparency and a commitment to directing resources towards its mission, rather than executive salaries. This also implies that key leadership roles might be compensated through other means or that the organization relies heavily on volunteer leadership, which is a positive indicator for a nonprofit.

The organization's spending efficiency appears strong, with expenses consistently lower than revenue, allowing for asset growth. For example, in 2023, expenses were $9,540,286 against revenues of $12,296,334, resulting in a significant surplus. This surplus contributes to the organization's financial stability and ability to invest in future programs and infrastructure. The absence of reported officer compensation further reinforces the perception of efficient resource allocation. Overall, Bridges Medical Center exhibits sound financial management and a clear dedication to its mission, supported by its consistent financial performance and transparent compensation practices.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bridges Medical Center with a Mission Score of 95 out of 100 (Excellent). 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: 90%
fundraising: 0%

According to IRS 990 filings, Bridges Medical Center allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received reportable compensation directly from the organization, which is highly unusual for an organization of this size ($12M+ revenue) and suggests either volunteer leadership or compensation through other entities.

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 Medical Center's IRS 990 filings:

Unusually low (0%) reported officer compensation, which might indicate compensation is reported elsewhere or through related entities, potentially obscuring the full picture of leadership costs.

Strengths

The following positive indicators were identified for Bridges Medical Center:

Consistent and strong revenue growth over the past decade, from $7.7M in 2014 to $12.2M in 2023.
Remarkable 0% reported officer compensation across all filings, indicating a strong commitment to program spending.
Healthy and growing asset base, increasing from $8 million in 2014 to over $21.5 million in 2023, demonstrating financial stability.
Consistent operational surpluses, with revenues exceeding expenses, allowing for reinvestment and asset growth.
Clear dedication to mission, as evidenced by financial metrics prioritizing program support over administrative overhead.

Frequently Asked Questions about Bridges Medical Center

Is Bridges Medical Center a good charity?

Based on the available IRS 990 data, Bridges Medical Center appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to directing funds towards its mission, evidenced by 0% reported officer compensation.

How has Bridges Medical Center's revenue changed over time?

Bridges Medical Center has shown consistent revenue growth, increasing from $7,708,226 in 2014 to $12,296,334 in 2023, indicating a healthy and expanding financial base.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through an affiliated entity, which is a strong indicator of resource dedication to programs.

How financially stable is Bridges Medical Center?

Bridges Medical Center appears financially stable, with assets consistently growing from $8,011,065 in 2014 to $21,538,045 in 2023, and expenses consistently lower than revenue, leading to healthy surpluses.

Filing History

IRS 990 filing history for Bridges Medical Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Bridges Medical Center's revenue has grown by 71.3%, moving from $7.2M to $12.3M. Total assets increased by 465.7% over the same period, from $3.8M to $21.5M. Total functional expenses rose by 40.8%, from $6.8M to $9.5M. In its most recent filing year (2023), Bridges Medical Center reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $690K in liabilities against $21.5M in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $20.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$12.3M	$9.5M	$21.5M	$690K	—	View 990
2022	$11.6M	$9.3M	$18.2M	$954K	—	View 990
2021	$10.5M	$8.3M	$19.9M	$2.2M	—	—
2020	$10.1M	$9.1M	$19.3M	$4.9M	—	View 990
2019	$10.0M	$9.3M	$14.7M	$657K	—	View 990
2018	$10.5M	$9.1M	$13.9M	$449K	—	View 990
2017	$11.9M	$8.8M	$12.3M	$513K	—	View 990
2016	$10.6M	$7.5M	$9.8M	$1.5M	—	View 990
2015	$9.7M	$7.6M	$8.9M	$3.4M	—	View 990
2014	$7.7M	$7.4M	$8.0M	$4.6M	—	View 990
2013	$7.5M	$7.1M	$4.6M	$1.5M	—	View 990
2012	$7.1M	$6.9M	$3.8M	$1.2M	—	View 990
2011	$7.2M	$6.8M	$3.8M	$1.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $12.3M, expenses of $9.5M, and assets of $21.5M (revenue +5.6% year-over-year).
2022: Revenue of $11.6M, expenses of $9.3M, and assets of $18.2M (revenue +10.7% year-over-year).
2021: Revenue of $10.5M, expenses of $8.3M, and assets of $19.9M (revenue +4.1% year-over-year).
2020: Revenue of $10.1M, expenses of $9.1M, and assets of $19.3M (revenue +1.2% year-over-year).
2019: Revenue of $10.0M, expenses of $9.3M, and assets of $14.7M (revenue -5.3% year-over-year).
2018: Revenue of $10.5M, expenses of $9.1M, and assets of $13.9M (revenue -11.4% year-over-year).
2017: Revenue of $11.9M, expenses of $8.8M, and assets of $12.3M (revenue +12.7% year-over-year).
2016: Revenue of $10.6M, expenses of $7.5M, and assets of $9.8M (revenue +9.0% year-over-year).
2015: Revenue of $9.7M, expenses of $7.6M, and assets of $8.9M (revenue +25.7% year-over-year).
2014: Revenue of $7.7M, expenses of $7.4M, and assets of $8.0M (revenue +2.4% year-over-year).
2013: Revenue of $7.5M, expenses of $7.1M, and assets of $4.6M (revenue +6.5% year-over-year).
2012: Revenue of $7.1M, expenses of $6.9M, and assets of $3.8M (revenue -1.5% year-over-year).
2011: Revenue of $7.2M, expenses of $6.8M, and assets of $3.8M.

Data Sources and Methodology

This transparency report for Bridges Medical Center 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.