BRIDGES OF HOPE (EIN 721538846) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

MICHAEL AUSTIN

Phone

2188257682

Tax Period

2024-01-01 to 2024-12-31

BRIDGES OF HOPE, founded in 2002, is a community nonprofit in the Mental Health sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

BRIDGES OF HOPE WAS FOUNDED IN 2002 AS A 501C3 FAITH-BASED NONPROFIT ORGANIZATION.

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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 $753,727

Program Service Revenue $0

Investment Income $17,961

Other Revenue $1,413,928

TOTAL REVENUE $2,185,616

Expense Breakdown

Grants Paid $141,374

Salaries & Benefits $1,299,323

Fundraising Expenses $68,375

Program Expenses $1,993,302

Other Expenses $698,195

TOTAL EXPENSES $2,138,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,185,616	$1,905,856	+0.1%
Expenses	$2,138,892	$1,895,525	+0.1%
Net Income	$46,724	$10,331	+3.5%

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

375

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

$123,271

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL AUSTIN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
PASTOR SARAH MARSHALL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
AARON STEGNER	TREASURER	1.00	Officer Director	$0	$0	$0
MATT KARLGAARD	SECRETARY	1.00	Officer Director	$0	$0	$0
MEGAN FRIEDRICH	DIRECTOR	1.00	Director	$0	$0	$0
SARAH KINKEADE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTY RAMLER	DIRECTOR	1.00	Director	$0	$0	$0
TAMI LUECK	DIRECTOR	1.00	Director	$0	$0	$0
KYLE KNUDSEN	DIRECTOR	1.00	Director	$0	$0	$0
LUKE CHRISTIANSEN	DIRECTOR	1.00	Director	$0	$0	$0
RANDY CAPELLE	DIRECTOR	1.00	Director	$0	$0	$0
TERESE DIRKS	DIRECTOR	1.00	Director	$0	$0	$0
JASON KOTTKE	DIRECTOR	1.00	Director	$0	$0	$0
JANA SHOGREN	EXECUTIVE DIRECTOR	40.00	Officer	$117,271	$6,000	$123,271

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	$2,185,616	$2,138,892	$2,225,980	$46,724
2023	$1,905,856	$1,895,525	$1,966,424	$10,331
2022	$1,694,290	$1,680,677	$1,252,624	$13,613
2021	$1,767,420	$1,215,464	$1,016,950	$551,956
2020	$1,161,449	$1,002,812	$522,804	$158,637
2019	$1,014,097	$1,224,034	$259,362	$-209,937
2018	$1,126,816	$1,103,768	$475,876	$23,048
2017	$937,509	$932,345	$445,319	$5,164

BRIDGES OF HOPE