MHC BRIDGE FOUNDATION (EIN 844402727) - 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

2020

Legal Domicile

Principal Officer

KRISTEN M LEWIS

Phone

6788921874

Tax Period

2024-01-01 to 2024-12-31

MHC BRIDGE FOUNDATION, founded in 2020, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 381% from the prior year, signaling strong growth momentum. Expenses of $5.3M exceeded revenue, resulting in a 42% operating deficit.

Mission

TO PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NCCF.

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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 $3,495,000

Program Service Revenue $0

Investment Income $18,979

Other Revenue $176,511

TOTAL REVENUE $3,690,490

Expense Breakdown

Grants Paid $5,252,732

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,256,552

Other Expenses $3,936

TOTAL EXPENSES $5,256,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,690,490	$767,676	+3.8%
Expenses	$5,256,668	$575,749	+8.1%
Net Income	$-1,566,178	$191,927	-9.2%

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

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

$407,791

Total Directors

$217,679

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID LUMPKINS	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
ALBERT JSMITH	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN LEWIS	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$21,408	$217,679
KIMBERLY M KLUSTNER	TREASURER	1.00	Officer	$0	$38,770	$190,112
RACHAEL WATSON	FORMER SECRETARY/DIRECTOR	0.00		$0	$44,297	$284,106

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	$3,690,490	$5,256,668	$160,222	$-1,566,178
2023	$767,676	$575,749	$1,868,424	$191,927
2022	$140,005	$110,011	$1,582,244	$29,994
2021	$91,355	$96,345	$1,551,159	$-4,990
2020	$1,519,973	$10,505	$1,533,016	$1,509,468

MHC BRIDGE FOUNDATION