Bridges Advisory Committee

Nonprofit profile at a glance

EIN
472185123
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
North Mankato, MN, USA
Phone
5073872800
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Parent/Teacher Group

Reported finances

Revenue
$97,261
Expenses
$133,238
Assets
$47,035
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • INES WINGERT (CO-PRESIDENT)
  • ANGIE DORN (CO-PRESIDENT)
  • CHANDRA PETERSON (PRESIDENT-ELECT)

People named in this filing

  • JODY RITTMILLER (PRINCIPAL)
  • INES WINGERT (CO-PRESIDENT)
  • ANGIE DORN (CO-PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bridges advisory committee (bac) is the parent teacher organization for bridges community school. Bac exists to enhance and support the educational experience at bridges community school, foster strong connections between school and home by encouraging parental involvement, improve the school experience through volunteer efforts and financial support. We do this by fundraising to support educational programs and student experiences (primarily with our fall walk a thon and spring spaghetti dinner as well as various smaller fundraiser throughout the year), and planning and organizing special events for students and families

What it reported doing in 2024

Fundraising: bac holds two main fundraisers during the year included a walk a thon and an annual spaghetti dinner. These eventscover over 50% of our costs for the fiscal year. This year bac contributed to the removal of worn out playground equipment and replacement with new pieces to meet student needs.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.3%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -37%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 24.3% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 18.2% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: -7% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $132K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.