THE BRIDGE MINISTRY 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

1996

Legal Domicile

Principal Officer

WILLIAM WASHINGTON

Tax Period

2024-01-01 to 2024-12-31

THE BRIDGE MINISTRY INC, founded in 1996, is a community nonprofit in the Religion sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $820K, a strong 48% operating margin.

Mission

THE BRIDGE MINISTRY WORKS IN VIRGINIA TO TRANSFORM THE LIVES OF TROUBLED MEN AND THEIR FAMILIES BY PROVIDING MENTORING, VOCATIONAL SKILLS, EDUCATION, AND THE RELATIONSHIPS THEY NEED TO BRIDGE THE GAP FROM ADDITION TO PRODUCTIVE COMMUNITY AND FAMILY LIFE.

Program Service Accomplishments

Program 1

Expenses: $824,283

THE ORGANIZATION IS A 12-18 MONTH INPATIENT TREATMENT CENTER THAT SERVES MEN DEALING WITH THE LIFE CONTROLLING ISSUES OF ADDICTION AND ADDICTIVE BEHAVIOR. WE PROVIDE THEM WITH EVIDENCE BASED...

THE ORGANIZATION IS A 12-18 MONTH INPATIENT TREATMENT CENTER THAT SERVES MEN DEALING WITH THE LIFE CONTROLLING ISSUES OF ADDICTION AND ADDICTIVE BEHAVIOR. WE PROVIDE THEM WITH EVIDENCE BASED BEHAVORIORAL HEALTH PROGRAMMING, MORAL RECONATION THERAPY, SEEKING SAFETY, THE MATRIX, COUNSELING, ACADEMIC EDUCATION AND VOCATIONAL TRAINING THROUGH PIEDMONT VIRGINIA AND OTHER COMMUNITY COLLEGES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,704,229

Program Service Revenue $9,200

Investment Income $-2,125

Other Revenue $48

TOTAL REVENUE $1,711,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $384,082

Fundraising Expenses $6,648

Program Expenses $824,283

Other Expenses $506,794

TOTAL EXPENSES $890,876

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,711,352	$1,290,418	+0.3%
Expenses	$890,876	$946,247	-0.1%
Net Income	$820,476	$344,171	+1.4%

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

$69,666

Total Directors

$87,999

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM WASHINGTON	EXECUTIVE DI	40.00	Officer Director	$51,333	$0	$51,333
JOHN JAMES JR	BOARD CHAIRP	20.00	Director	$18,333	$0	$18,333
JOYCE WASHINGTON	SECRETARY	5.00	Officer Director	$18,333	$0	$18,333
ELBERT BROWN	DIRECTOR	1.00	Director	$0	$0	$0
BUCK BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
TRACY DAVIS	DIRECTOR	1.00	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
2024	$1,711,352	$890,876	$4,198,739	$820,476
2023	$1,290,418	$946,247	$3,484,649	$344,171
2022	$1,734,075	$945,078	$3,164,932	$788,997
2022	$1,734,075	$945,078	$3,164,932	$788,997
2021	$801,241	$810,342	$2,311,634	$-9,101
2020	$848,100	$721,660	$2,163,698	$126,440
2019	$510,698	$549,463	$1,937,710	$-38,765
2018	$960,326	$491,542	$1,960,756	$468,784