Bridges Educational Foundation Inc

EIN: 562018020 501(c)(3) Education

Chapel Hill, NC

Total Revenue
$1,392,318
Total Expenses
$102,471
Total Assets
N/A
Net Assets
N/A
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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
NC
Principal Officer
John A Northen
Phone
9199486821
Tax Period
2022-07-01 to 2023-06-30

Bridges Educational Foundation Inc, founded in 1996, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2022. Revenue surged 257% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 93% operating margin.

Mission

Operation of a public charter school.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $1,392,318
TOTAL REVENUE $1,392,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $102,471
TOTAL EXPENSES $102,471

Year-over-Year Comparison

2022 2021 Change
Revenue $1,392,318 $390,008 +2.6%
Expenses $102,471 $71,389 +0.4%
Net Income $1,289,847 $318,619 +3.0%
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
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
No Board Members Dissolved 7162021 Board N/A
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
2023 $1,392,318 $102,471 No data $1,289,847
2022 $390,008 $71,389 $318,619 $318,619
2021 $1,601,935 $2,155,216 $3,939,307 $-553,281
2020 $1,823,313 $2,015,544 $4,732,507 $-192,231
2019 $1,942,724 $1,783,065 $2,625,369 $159,659
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