BRIDGES FOR LIFE INC

EIN: 832841893 501(c)(3) Human Services

RICHMOND, IN

Total Revenue
$409,904
Total Expenses
$171,827
Total Assets
$305,544
Net Assets
$305,544
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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
2001
Legal Domicile
IN
Principal Officer
TIMOTHY PIERSON
Phone
7653960050
Tax Period
2024-01-01 to 2024-12-31

BRIDGES FOR LIFE INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $410K in total revenue in fiscal year 2024. Revenue surged 382% from the prior year, signaling strong growth momentum. The organization ran a surplus of $238K, a strong 58% operating margin.

Mission

SOCIAL SERVICES 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $409,685
Program Service Revenue $0
Investment Income $219
Other Revenue $0
TOTAL REVENUE $409,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,530
Fundraising Expenses $10,484
Program Expenses $146,156
Other Expenses $65,297
TOTAL EXPENSES $171,827

Year-over-Year Comparison

2024 2023 Change
Revenue $409,904 $85,028 +3.8%
Expenses $171,827 $56,824 +2.0%
Net Income $238,077 $28,204 +7.4%
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

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Governance

Voting Members
4
Independent Members
4
Employees
14
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
4
$78,812
Total Directors
6
$78,812
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY PIERSON PRESIDENT AND FOUNDER 40.00
Officer Director
$45,652 $0 $45,652
STEPHANIE PIERSON SECRETARY 1.00
Officer Director
$0 $0 $0
JEFFREY HOLTHOUSE VICE PRESIDENT 40.00
Officer Director
$33,160 $0 $33,160
JENNIFER HOLTHOUSE TREASURER 5.00
Officer Director
$0 $0 $0
DUANE HARRISON BOARD MEMBER 0.00
Director
$0 $0 $0
JAMIE HARRISON BOARD MEMBER 0.00
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 $409,904 $171,827 $305,544 $238,077
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