X โ€” Religion-RelatedEIN: 911383241ยท Ruling Year: 1994

Bridge Ministries

Redmond, Washington

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$2.9M
Total Revenue
๐Ÿ“Š
$2.9M
Total Expenses
๐Ÿฆ
$1.0M
Net Assets
๐Ÿ“‹
$157K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-43.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-0.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.36
Net assets divided by total expenses
Liabilities-to-Assets
13.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,869,563โ†“44%$2,891,284โ†“51%$1,203,305โ†“22%
2022$5,095,322โ†“4%$5,888,798โ†‘29%$1,548,182โ†“35%
2021$5,280,770โ†‘26%$4,581,693โ†‘11%$2,376,467โ†‘33%
2020$4,204,329โ†“24%$4,135,280โ†“23%$1,786,767โ†‘16%
2019$5,564,624โ†‘4%$5,403,524โ†‘5%$1,540,062โ†‘16%
2018$5,363,436โ†‘7%$5,160,227โ†‘4%$1,325,433โ†‘16%
2017$4,991,000โ†‘13%$4,966,996โ†‘17%$1,145,623โ†‘4%
2016$4,418,323โ†‘16%$4,246,167โ†‘15%$1,097,418โ†‘19%
2015$3,806,860โ†‘50%$3,701,233โ†‘51%$924,830โ†‘11%
2014$2,530,288โ†‘25%$2,452,593โ†‘34%$836,334โ†‘13%
2013$2,024,664โ†‘38%$1,833,621โ†‘17%$742,780โ†‘35%
2012$1,462,598โ†‘312%$1,570,530โ†‘173%$551,430โ†‘24%
2011$354,755$574,940$443,046

Frequently Asked Questions

What does Bridge Ministries do?โ–ผ

Bridge Ministries is a religion-related nonprofit organization based in Washington. It is classified under NTEE code X21Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bridge Ministries financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Bridge Ministries has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bridge Ministries generate?โ–ผ

Bridge Ministries reports $2.4M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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Bridge Ministries โ€” Redmond, WA | GiveScope