Bridgeway Health Clinics Inc
EIN: 834599943 · Ft Walton Bch, FL · NTEE: E21
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $391K |
| Net Assets | $-782,830 |
Is Bridgeway Health Clinics Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bridgeway Health Clinics Inc
Bridgeway Health Clinics Inc (EIN: 834599943) is a nonprofit organization based in Ft Walton Bch, FL, classified under NTEE code E21. The organization reported total revenue of $187K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridgeway Health Clinics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridgeway Health Clinics Inc is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of -27.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $391K |
| Surplus / Deficit | $-203,435 |
| Total Assets | $163K |
| Total Liabilities | $946K |
| Net Assets | $-782,830 |
| Operating Margin | -108.6% |
| Debt-to-Asset Ratio | 580.1% |
| Months of Reserves | 5.0 months |
Financial Health Grade: C
In 2022, Bridgeway Health Clinics Inc reported a deficit of $203K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 580.1% (high leverage).
Financial Trends
Over 2 years of filings (2021–2022), Bridgeway Health Clinics Inc's revenue has declined at a compound annual growth rate (CAGR) of -27.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -27.4% | +6.8% | +27.9% |
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 Bridgeway Health Clinics 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 Bridgeway Health Clinics 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $203K, with expenses exceeding revenue.
- Debt-to-asset ratio: 580.1%.
Frequently Asked Questions about Bridgeway Health Clinics Inc
Is Bridgeway Health Clinics Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridgeway Health Clinics Inc (EIN: 834599943) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bridgeway Health Clinics Inc spend its money?
Detailed spending breakdown data is not yet available for Bridgeway Health Clinics Inc. Check back for updated IRS 990 analysis.
Are donations to Bridgeway Health Clinics Inc tax-deductible?
Bridgeway Health Clinics Inc is registered as a tax-exempt nonprofit (EIN: 834599943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bridgeway Health Clinics Inc located?
Bridgeway Health Clinics Inc is headquartered in Ft Walton Bch, Florida and files with the IRS under EIN 834599943. It is classified under NTEE code E21.
How many years of IRS 990 filings does Bridgeway Health Clinics Inc have?
Bridgeway Health Clinics Inc has 2 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 $187K in total revenue.
Filing History
IRS 990 filing history for Bridgeway Health Clinics Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Bridgeway Health Clinics Inc's revenue has declined by 27.4%, moving from $258K to $187K. Total assets increased by 27.9% over the same period, from $127K to $163K. Total functional expenses rose by 6.8%, from $366K to $391K. In its most recent filing year (2022), Bridgeway Health Clinics Inc reported a deficit of $203K, with expenses exceeding revenue. The organization holds $946K in liabilities against $163K in assets (debt-to-asset ratio: 580.1%), resulting in net assets of $-782,830.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $187K | $391K | $163K | $946K | — | View 990 |
| 2021 | $258K | $366K | $127K | $707K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridgeway Health Clinics Inc:
Data Sources and Methodology
This transparency report for Bridgeway Health Clinics 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.