BRIDGES IMPACT FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

MICHAEL MCCRELESS

Phone

2123805509

Tax Period

2023-01-01 to 2023-12-31

BRIDGES IMPACT FOUNDATION, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $846K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

TO FOSTER AND SUPPORT THE DEVELOPMENT OF IMPACT INVESTING, SOCIAL ENTREPRENEURSHIP, AND OTHER INNOVATIVE FUNDING MECHANISMS TO EFFECT SOCIAL CHANGE BY, AMONG OTHER ACTIVITIES, (A) CREATING AND FACILITATING EDUCATIONAL FORUMS, TRAININGS, WORKSHOPS AND PROGRAMS, (B) CONDUCTING, COLLECTING, SUPPORTING, PUBLISHING AND DISSEMINATING RESEARCH, (C) AND DEVELOPING AND PROMOTING COLLABORATIONS, RELATIONSHIPS AND FIELD-BASED PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $719,154 Revenue: $379,885

IN 2023, THE BRIDGES IMPACT FOUNDATION CONTINUED TO SPONSOR TWO PROGRAMS: IMPACT FRONTIERS; AND THE MBA IMPACT INVESTMENT NETWORK AND TRAINING (THE TURNER MIINT).IN 2023, IMPACT FRONTIERS OFFERED ITS COHORT-BASED IMPACT MANAGEMENT PROGRAM TO INVESTORS IN CANADA, EUROPE, JAPAN, THE UNITED KINGDOM, AND THE UNITED STATES. IT PUBLISHED GUIDANCE ON SYSTEMS MAPPING FOR IMPACT MANAGEMENT AND CONTINUED A MULTI-YEAR INITIATIVE TO FACILITATE CONSENSUS AMONG INVESTORS ON NORMS FOR IMPACT PERFORMANCE REPORTING. FINALLY, IT INITIATED NEW CONSENSUS-BUILDING PROJECTS IN AREAS OF PRACTICE WHERE STANDARDS AND GUIDANCE DO NOT YET EXIST, SUCH AS IMPACT MANAGEMENT FOR SOCIAL EQUITY.THE TURNER MBA IMPACT INVESTING NETWORK AND TRAINING (THE MIINT) IS THE WORLD'S LARGEST AND MOST EFFECTIVE MULTI-UNIVERSITY COURSE ON IMPACT INVESTING, OPERATED IN PARTNERSHIP WITH THE UNIVERSITY OF PENNSYLVANIA'S WHARTON SCHOOL OF BUSINESS. IN 2024, THE PROGRAM CULMINATED ITS 13TH YEAR WITH 40 TOP BUSINESS AND POLICY PROGRAMS FROM AROUND THE WORLD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $455,000

Program Service Revenue $379,885

Investment Income $0

Other Revenue $11,212

TOTAL REVENUE $846,097

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $693,821

Fundraising Expenses $49,441

Program Expenses $719,154

Other Expenses $219,219

TOTAL EXPENSES $914,040

Year-over-Year Comparison

	2023	2022	Change
Revenue	$846,097	$1,189,557	-0.3%
Expenses	$914,040	$763,709	+0.2%
Net Income	$-67,943	$425,848	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$177,820

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN TRELSTAD	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELE GIDDENS	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN WALSH	TREASURER	1.00	Officer Director	$0	$0	$0
PETER BERNARD	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
EDUARDO MEDEIROS	BOARD MEMBER	1.00	Director	$0	$0	$0
TASHA SEITZ	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MCCRELESS	EXECUTIVE DIRECTOR	40.00	Officer	$170,981	$6,839	$177,820
ADWOA ASARE	PROGRAM DIRECTOR	40.00	Highest	$125,745	$15,440	$141,185
NAO SUDO	DIRECTOR	40.00	Highest	$115,450	$4,618	$120,068

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	No data	No data	No data	No data
2023	$846,097	$914,040	$688,795	$-67,943
2022	$1,189,557	$763,709	$773,665	$425,848
2021	$401,774	$745,987	$482,504	$-344,213
2020	$288,144	$439,243	$674,593	$-151,099
2019	$1,166,768	$483,194	$824,806	$683,574
2019	$1,180,100	$494,897	$824,806	$685,203
2018	$304,378	$582,499	$140,069	$-278,121