Bridges Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,104,057 | 4,847,094 | 256,963 | 1.6 | 55% |
| 2012 | 4,858,043 | 5,389,514 | −531,471 | 0.3 | 52% |
| 2013 | 5,656,903 | 5,575,123 | 81,780 | -0.4 | 54% |
| 2014 | 5,628,550 | 6,045,568 | −417,018 | -1.2 | 53% |
| 2015 | 6,327,130 | 6,570,315 | −243,185 | -1.5 | 55% |
| 2016 | 7,231,825 | 7,271,781 | −39,956 | -1.4 | 55% |
| 2017 | 7,670,446 | 8,075,368 | −404,922 | -1.9 | 55% |
| 2018 | 8,610,196 | 8,297,067 | 313,129 | -1.4 | 57% |
| 2019 | 9,634,759 | 9,251,573 | 383,186 | -0.8 | 57% |
| 2020 | 9,344,663 | 9,374,729 | −30,066 | -0.8 | 59% |
| 2021 | 10,757,006 | 9,699,587 | 1,057,419 | 0.5 | 59% |
| 2022 | 10,901,083 | 10,586,247 | 314,836 | 1.1 | 58% |
| 2023 | 12,817,873 | 14,241,495 | −1,423,622 | -0.4 | 58% |
In its most recent public year (2023), this organization spent $1,423,622 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), down from 1.6 in 2011. Staff pay was 58% of spending. $1,099,674 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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