Bridges Oregon Inc

Nonprofit profile at a glance

EIN
822053319
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Salem, OR, USA
Phone
9712021500
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Deaf/Hearing Impaired Centers

Reported finances

Revenue
$2,723,768
Expenses
$2,567,102
Assets
$997,260
Liabilities
$534,700

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

Leadership & pay

10 people listed

Executive titles in this filing

  • CHAD LUDWIG (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHAD LUDWIG (EXECUTIVE DIRECTOR): $92,040 total reported compensation

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

Overview

Mission

We facilitate equity, inclusiveness, and provide a bridge to opportunities through advocacy, education, and communication for deaf and hard of hearing people.

What it reported doing in 2024

Bridges partnered with other organizations to oversee several programs during the year to address the needs of survivors of domestic violence who are deaf and hard of hearing. These programs included the survivor housing funds, victims of crime act, Oregon housing and community services with the Oregon crime victim and survivor services division, survivors investment partnership with the Oregon department of human services, and a federal grant with the office on violence against women.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.3%; rating input score 75
  • Program expense ratio: 79.6%; rating input score 80
  • Fundraising efficiency: $39.43 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.8%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 64.7% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 59.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 58.4% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 75.3% of revenue deployed · 79.6% of spending went to programs
  • Governance: 2 of 3 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2M in reported program spending
  • Leadership: top reported pay $92K · 10 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Total-asset coverage ratio scored 13/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.