Bridging Inc

Nonprofit profile at a glance

EIN
411725396
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Bloomington, MN, USA
Phone
9524601015
Rating
87
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$12,124,248
Expenses
$11,918,303
Assets
$11,112,049
Liabilities
$1,278,305

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • Mark Wilkening (Executive Director)

Highest reported compensation

  • Mark Wilkening (Executive Director): $234,811 total reported compensation
  • Myra Falteysek (Director of Human Resources): $141,833 total reported compensation
  • Diana Dalsin (Director of Stategic Partnerships): $124,235 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bridging empowers people to thrive in their homes by providing quality furniture and household goods for those pursuing housing stability.

What it reported doing in 2025

Bridging provides families and individuals who are pursuing housing stability with quality furniture and household goods to improve lives while effectively using community resources. Bridging served 5,311 client households in 2025, representing 13,658 individual family members. Through its two warehouse locations in the Twin Cities, Bridging serves clients primarily in the seven-county metro area with a dedicated team of 45 staff members and 4,379 volunteers. Through the power of recycling, Bridging is able to keep approximately 14.3 million pounds of items out of the waste stream each year by distributing these items to clients. Bridging Plymouth location was opened in March, 2025 serving as a donation collection center and good distributed to Bloomington and Roseville to serve clients.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 88
  • Transparency & Controls: 82
  • Accountability: 100
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.3%; rating input score 91
  • Program expense ratio: 92.5%; rating input score 93
  • Fundraising efficiency: $26.14 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.7%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 9th percentile among comparable filings
  • Asset growth: 10.1% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 91.3% of revenue deployed · 92.5% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $11M in reported program spending
  • Leadership: top reported pay $235K · 19 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.