Medical Bridges 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

1997

Legal Domicile

Principal Officer

Walter Ulrich

Phone

7137488131

Tax Period

2024-01-01 to 2024-12-31

Medical Bridges Inc, founded in 1997, is a mid-sized nonprofit in the International Affairs sector that reported $14.0M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $12.0M left a modest 14% surplus.

Mission

Medical Bridges' mission is to bridge the healthcare gap worldwide by procuring and distributing medical, dental and surgical equipment and supplies to underserved communities.

Program Service Accomplishments

Program 1

Expenses: $11,350,699

Medical Bridges procures medical, dental and surgical supplies and equipment for redistribution to qualified organizations and health care professionals primarily in the developing world. Medical...

Medical Bridges procures medical, dental and surgical supplies and equipment for redistribution to qualified organizations and health care professionals primarily in the developing world. Medical Bridges procures donations of surplus supplies and equipment from hospitals, clinics, private practice physicians, medical supply companies, home health agencies, and private individuals. Continued on Schedule O

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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 $13,926,983

Program Service Revenue $0

Investment Income $69,508

Other Revenue $-16,804

TOTAL REVENUE $13,979,687

Expense Breakdown

Grants Paid $9,814,223

Salaries & Benefits $1,407,744

Fundraising Expenses $243,045

Program Expenses $11,350,699

Other Expenses $789,186

TOTAL EXPENSES $12,011,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,979,687	$15,482,460	-0.1%
Expenses	$12,011,153	$16,383,425	-0.3%
Net Income	$1,968,534	$-900,965	-3.2%

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

230

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

$165,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bryan Lastrapes	Chair	2.00	Officer Director	$0	$0	$0
Niel Golightly	Vice Chair	1.00	Officer Director	$0	$0	$0
Carl Stutts	Treasurer	1.00	Officer Director	$0	$0	$0
John Zipprich II	Secretary	1.00	Officer Director	$0	$0	$0
Patricia Brock Howard MD	Founder, Chair Emeritus	1.00	Director	$0	$0	$0
Hayne Blakely	Director	1.00	Director	$0	$0	$0
Richard Clark	Director	1.00	Director	$0	$0	$0
Margaret A Goetz MD	Director	1.00	Director	$0	$0	$0
John Melko	Director	1.00	Director	$0	$0	$0
Mary T Neal MD	Director	1.00	Director	$0	$0	$0
Craig Nunez	Director	1.00	Director	$0	$0	$0
Spurgeon Robinson	Director	1.00	Director	$0	$0	$0
Walter Ulrich	President & CEO	40.00	Officer	$165,000	$0	$165,000

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	$13,979,687	$12,011,153	$5,301,352	$1,968,534
2023	$15,482,460	$16,383,425	$3,627,844	$-900,965
2022	$10,922,111	$10,788,501	$5,932,030	$133,610
2021	$10,206,946	$8,636,837	$4,030,405	$1,570,109
2020	$9,001,008	$8,908,227	$2,007,136	$92,781
2019	$7,085,440	$9,329,025	$2,195,544	$-2,243,585
2018	$8,186,339	$6,432,896	$4,479,010	$1,753,443