BRIDGES COMMUNITY RESOURCE NETWORK INC

EIN: 920151271 501(c)(3) Philanthropy & Grantmaking

Soldotna, AK

Total Revenue
$1,365,830
Total Expenses
$1,344,879
Total Assets
$741,036
Net Assets
$741,036
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
AK
Principal Officer
Katherine S Gensel
Phone
9072603800
Tax Period
2023-01-01 to 2023-12-31

BRIDGES COMMUNITY RESOURCE NETWORK INC, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

Bridges Community Resource Network, Inc. provides access to a diversity of resources supporting emotional, physical, mental and spiritual well-being. Bridges has a focal point of nurturing personal growth and mutual understanding.

Program Service Accomplishments

Program 1
Expenses: $70,680 Revenue: $53,948

The mission of the Kenai Peninsula Re-Entry Coalition is to provide resources through community partnerships with the vision of a safe, supportive and crime-free community

Program 2
Expenses: $131,745 Revenue: $98,706

The Hockey Club Alaska provides support for the youth hockey organization

Program 3
Expenses: $102,108 Revenue: $90,148

Kenai Volleyball Booster Club supports the Kenai Central High School Volleyball teams by fundraising and volunteering to help keep expenses down for the players.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,165,261
Program Service Revenue $0
Investment Income $40
Other Revenue $200,529
TOTAL REVENUE $1,365,830

Expense Breakdown

Grants Paid $232,361
Salaries & Benefits $90,156
Fundraising Expenses $0
Program Expenses $1,344,879
Other Expenses $1,022,362
TOTAL EXPENSES $1,344,879

Year-over-Year Comparison

2023 2022 Change
Revenue $1,365,830 $1,481,480 -0.1%
Expenses $1,344,879 $1,317,273 +0.0%
Net Income $20,951 $164,207 -0.9%
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
10
Independent Members
N/A
Employees
8
Volunteers
10

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nathan Grilley Director 0
Director
$0 $0 $0
Tiffany Blanchard Director 0
Director
$0 $0 $0
Kathleen Kitson Director 0
Director
$0 $0 $0
Stan Steadman Director 0
Director
$0 $0 $0
Helen Theriault Director 0
Director
$0 $0 $0
Katherine S Gensel President 0
Officer Director
$0 $0 $0
David Carey Vice President 0
Officer Director
$0 $0 $0
Sharon Keating Secretary-Treasurer 0
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 No data No data No data No data
2023 $1,365,830 $1,344,879 $741,036 $20,951
2022 $1,481,480 $1,317,273 $743,805 $164,207
2021 $863,850 $766,303 $575,480 $97,547
2020 $728,478 $701,098 $459,997 $27,380
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