Bridges To Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,140,895 | 544,017 | 2,596,878 | 61.1 | 60% |
| 2021 | 3,043,264 | 2,449,675 | 593,589 | 16.5 | 16% |
| 2022 | 1,592,098 | 1,414,069 | 178,029 | 30.0 | 26% |
| 2023 | 675,751 | 2,365,988 | −1,690,237 | 9.4 | 14% |
In its most recent public year (2023), this organization spent $1,690,237 more than it brought in. Its reserves stood at about 9.4 months of spending, down from 61.1 in 2020. Staff pay was 14% of spending. $1,180,084 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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