BRIDGING VIRGINIA INC (EIN 852003331) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2020

Legal Domicile

Principal Officer

HARRISON RODAY

Phone

8045016413

Tax Period

2024-01-01 to 2024-12-31

BRIDGING VIRGINIA, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $632K in total revenue in fiscal year 2022. Revenue surged 218% from the prior year, signaling strong growth momentum. The organization ran a surplus of $418K, a strong 66% operating margin.

Mission

TO SUPPORT LARGELY MINORITY-OWNED SMALL BUSINESSES IN VIRGINIA BY PROVIDING ACCESS TO AFFORDABLE LOAN CAPITAL AND FINANCIAL SERVICES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,395,474

Program Service Revenue $100,856

Investment Income $12,559

Other Revenue $475

TOTAL REVENUE $1,509,364

Expense Breakdown

Grants Paid $512,376

Salaries & Benefits $372,531

Fundraising Expenses $76,581

Program Expenses $984,510

Other Expenses $420,209

TOTAL EXPENSES $1,305,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,509,364	$884,884	+0.7%
Expenses	$1,305,116	$596,386	+1.2%
Net Income	$204,248	$288,498	-0.3%

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

$171,779

Total Directors

$171,779

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEAH FREMOUW	PRESIDENT/CE	40.00	Officer Director	$165,000	$6,779	$171,779
HARRISON RODAY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARLAND BUCKNER	SECRETARY	1.00	Officer Director	$0	$0	$0
LEESA CHRISTIAN	TREASURER	1.00	Officer Director	$0	$0	$0
DR CHRISTIE CADE	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA EPPES HUDSON	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW W HO	DIRECTOR	1.00	Director	$0	$0	$0
PHIL HATFIELD	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$1,509,364	$1,305,116	$1,633,793	$204,248
2023	$884,884	$596,386	$1,066,703	$288,498
2022	$631,808	$213,492	$763,558	$418,316

BRIDGING VIRGINIA INC