Bridging Bionics Foundation

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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

2013

Legal Domicile

Principal Officer

Amanda Boxtel

Phone

9703790721

Tax Period

2023-01-01 to 2023-12-31

Bridging Bionics Foundation, founded in 2013, is a small nonprofit in the Youth Development sector that reported $952K in total revenue in fiscal year 2023. Expenses of $830K left a modest 13% surplus.

Mission

Educate patients about robotic "exo-skeletons" & provide instruction for use for disabled persons; provide physical therapy services to patients to use exoskeletons; assist disabled patients.

Program Service Accomplishments

Program 1

Expenses: $693,649 Revenue: $951,704

Bridging Bionics provides equipment and contracts with physical therapists to provide mobility therapy to patients with spinal cord injuries, such as exoskeleton therapy for paralyzed patients...

Bridging Bionics provides equipment and contracts with physical therapists to provide mobility therapy to patients with spinal cord injuries, such as exoskeleton therapy for paralyzed patients; Provide access to cutting edge technology which is cost prohibitive for individuals in the Roaring Fork Valley with neurological mobility imparements; Reduce secondary complications as a consequence of paralysis and to serve as preventative healthcare measure and to enhance neuro recovery.

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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 (2023)

Revenue Breakdown

Contributions & Grants $860,457

Program Service Revenue $32,391

Investment Income $26,473

Other Revenue $32,383

TOTAL REVENUE $951,704

Expense Breakdown

Grants Paid $0

Salaries & Benefits $285,801

Fundraising Expenses $72,215

Program Expenses $693,649

Other Expenses $543,889

TOTAL EXPENSES $829,690

Year-over-Year Comparison

	2023	2022	Change
Revenue	$951,704	$882,899	+0.1%
Expenses	$829,690	$694,843	+0.2%
Net Income	$122,014	$188,056	-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

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

Total Directors

Key Employees

$105,869

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Riggs Klika	Director	1.00	Director	$0	$0	$0
Rusty Crossland	Director	1.00	Director	$0	$0	$0
Glenda Greenwald	Director	1.00	Director	$0	$0	$0
Jennifer Montoya	Director	1.00	Director	$0	$0	$0
Barbara Hoogenboom	President	1.00	Officer Director	$0	$0	$0
Martha Philben	Secretary	1.00	Officer Director	$0	$0	$0
Amanda Boxtel	Executive Director	40.00	Key Emp	$105,869	$0	$105,869
Anne Spellings	Director	1.00	Officer Director	$0	$0	$0
Dustin Anderson	Director	1.00	Director	$0	$0	$0
Richard Peterson-Cremer	Director	1.00	Director	$0	$0	$0
Dave Portman	Treasurer	1.00	Officer Director	$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	No data	No data	No data	No data
2023	$951,704	$829,690	$1,074,261	$122,014
2022	$882,899	$694,843	$949,217	$188,056
2022	$1,012,030	$823,974	$949,217	$188,056
2021	$654,249	$636,816	$753,606	$17,433
2020	$683,750	$593,946	$706,156	$89,804
2019	$663,287	$569,778	$624,194	$93,509
2018	$618,136	$567,677	$520,176	$50,459