BRIDGEWAY INC

EIN: 370984175 501(c)(3)

GALESBURG, IL

Total Revenue
$28,463,407
Total Expenses
$27,839,245
Total Assets
$14,260,586
Net Assets
$12,063,988
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
IL
Principal Officer
WILLIAM NELSON
Phone
3093442323
Tax Period
2023-07-01 to 2024-06-30

BRIDGEWAY INC, founded in 1971, is a mid-sized nonprofit that reported $28.5M in total revenue in fiscal year 2023.

Mission

PROVISION OF AN ARRAY OF DIVERSIFIED, MEASURABLY HIGH QUALITY SERVICES TO INDIVIDUALS AND FAMILIES IN NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,879,995
Program Service Revenue $23,395,139
Investment Income $188,273
Other Revenue $0
TOTAL REVENUE $28,463,407

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,362,181
Fundraising Expenses $0
Program Expenses $23,210,012
Other Expenses $9,477,064
TOTAL EXPENSES $27,839,245

Year-over-Year Comparison

2023 2022 Change
Revenue $28,463,407 $27,281,841 +0.0%
Expenses $27,839,245 $25,206,797 +0.1%
Net Income $624,162 $2,075,044 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
671
Volunteers
36

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANICE DUTELL VICE CHAIRMAN 0.50
Officer Director
$0 $0 $0
BEAU INGLEDUE CHAIRMAN 0.50
Officer Director
$0 $0 $0
WILLIAM NELSON CEO/PRESIDENT 0.50
Officer Director
$0 $0 $0
GAYLA PACHECO BOARD MEMBER 0.50
Director
$0 $0 $0
ABBY COLVIN BOARD MEMBER 0.50
Director
$0 $0 $0
ERIC JOHNSON BOARD MEMBER 0.50
Director
$0 $0 $0
SALLY VIGEZZI BOARD MEMBER 0.50
Director
$0 $0 $0
STACI DANNER TREASURER 0.50
Officer
$0 $0 $0
JENNIFER DALTON SECRETARY 0.50
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $28,463,407 $27,839,245 $14,260,586 $624,162
2023 $27,281,841 $25,206,797 $13,532,248 $2,075,044
2022 $25,362,996 $24,615,295 $11,369,802 $747,701
2021 $25,858,587 $22,938,600 $10,333,847 $2,919,987
2020 $20,299,835 $21,174,949 $9,299,600 $-875,114
2019 $22,265,344 $21,990,329 $7,626,333 $275,015
2018 $22,577,300 $22,375,952 $7,437,406 $201,348
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