The Bridge Ministry Inc (EIN 884155892) - 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

2022

Legal Domicile

Principal Officer

Brian D Cochran

Phone

6146074477

Tax Period

2024-01-01 to 2024-12-31

The Bridge Ministry Inc, founded in 2022, is a small nonprofit in the Human Services sector that reported $399K in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 19% operating margin.

Mission

The Bridge Ministry Inc was formed to provide food, clothing, social services, advocacy and assistance to those in need in urban Columbus, Ohio.

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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 $396,475

Program Service Revenue $0

Investment Income $2,755

Other Revenue $0

TOTAL REVENUE $399,230

Expense Breakdown

Grants Paid $123,958

Salaries & Benefits $126,101

Fundraising Expenses $5,206

Program Expenses $182,700

Other Expenses $70,912

TOTAL EXPENSES $324,816

Year-over-Year Comparison

	2024	2023	Change
Revenue	$399,230	$200,421	+1.0%
Expenses	$324,816	$125,687	+1.6%
Net Income	$74,414	$74,734	0.0%

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

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

$53,454

Total Directors

$53,454

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William J Higgins	Secretary Exectuvie Director	40.00	Officer Director	$53,454	$0	$53,454
Don Arden Olson	Director	1.00	Director	$0	$0	$0
Ben Sears	Director	1.00	Director	$0	$0	$0
Johnny Amos	Director	1.00	Director	$0	$0	$0
Brian D Cochran	President Director	10.00	Officer Director	$0	$0	$0
John D Ransom III	Treasurer Director	3.00	Officer 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	$399,230	$324,816	$168,055	$74,414
2023	$200,421	$125,687	$93,641	$74,734

The Bridge Ministry Inc