Bridging Inc

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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

1992

Legal Domicile

Principal Officer

Kerry Klemm

Phone

9524601015

Tax Period

2025-01-01 to 2025-12-31

Bridging Inc, founded in 1992, is a mid-sized nonprofit in the Unknown sector that reported $12.1M in total revenue in fiscal year 2025.

Mission

Bridging empowers people to thrive in their homes by providing quality furniture and household goods for those pursuing housing stability.

Program Service Accomplishments

Program 1

Expenses: $11,027,644 Revenue: $1,760,699

Bridging provides families and individuals who are pursuing housing stability with quality furniture and household goods to improve lives while effectively using community resources. Bridging served 5,311 client households in 2025, representing 13,658 individual family members. Through its two warehouse locations in the Twin Cities, Bridging serves clients primarily in the seven-county metro area with a dedicated team of 45 staff members and 4,379 volunteers. Through the power of recycling, Bridging is able to keep approximately 14.3 million pounds of items out of the waste stream each year by distributing these items to clients. Bridging Plymouth location was opened in March, 2025 serving as a donation collection center and good distributed to Bloomington and Roseville to serve clients.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $10,219,382

Program Service Revenue $1,719,285

Investment Income $129,953

Other Revenue $55,628

TOTAL REVENUE $12,124,248

Expense Breakdown

Grants Paid $6,779,078

Salaries & Benefits $3,271,831

Fundraising Expenses $390,908

Program Expenses $11,027,644

Other Expenses $1,864,314

TOTAL EXPENSES $11,918,303

Year-over-Year Comparison

	2025	2024	Change
Revenue	$12,124,248	$11,645,440	+0.0%
Expenses	$11,918,303	$11,318,104	+0.1%
Net Income	$205,945	$327,336	-0.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

4379

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

$234,811

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nick Love	Chair	1.50	Officer Director	$0	$0	$0
Jeff Snegosky	Past Chair	1.50	Officer Director	$0	$0	$0
Tom Portz	Treasurer	1.50	Officer Director	$0	$0	$0
Kris Kielsa	Secretary	1.50	Officer Director	$0	$0	$0
Quay Crawford	Director	1.50	Director	$0	$0	$0
Dan Kadlec	Director	1.50	Director	$0	$0	$0
Kerry Klemm	Vice Chair	1.50	Officer Director	$0	$0	$0
Stacy Stusynski	Director	1.50	Director	$0	$0	$0
Erryn Williams	Director	1.50	Director	$0	$0	$0
Sara Idle	Director	1.50	Director	$0	$0	$0
Patrick Cleary	Director	1.50	Director	$0	$0	$0
Aric Fier	Director	1.50	Director	$0	$0	$0
Andrea Giles	Director	1.50	Director	$0	$0	$0
Collin Kaas	Director	1.50	Director	$0	$0	$0
Carmen Thiede	Director	1.50	Director	$0	$0	$0
An Nguyen	Director	1.50	Director	$0	$0	$0
Mark Wilkening	Executive Director	40.00	Officer	$210,442	$24,369	$234,811
Myra Falteysek	Director of Human Resources	40.00	Highest	$123,542	$18,291	$141,833
Diana Dalsin	Director of Stategic Partnerships	40.00	Highest	$107,700	$16,535	$124,235

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	$12,124,248	$11,918,303	$11,112,049	$205,945
2024	No data	No data	No data	No data
2023	$11,960,900	$10,923,295	$10,178,298	$1,037,605
2022	$10,060,520	$9,887,596	$8,600,999	$172,924
2021	$8,965,404	$8,236,434	$8,455,401	$728,970
2020	$7,385,056	$6,975,920	$7,777,515	$409,136
2019	$9,519,488	$9,695,062	$7,505,186	$-175,574
2018	$9,823,153	$9,177,712	$7,410,391	$645,441