Bridgeway Homes 02 N F P
Only null% goes to programs Thin reserves Growing revenue
Bridgeway Homes 02 N F P is a 501(c)(3) organization based in Galesburg, Illinois, registered in 2004, with $163,834 in FY2024 revenue. CharityIndex grades it F.
2323 Windish Dr, Galesburg, IL, 61401 EIN 35-2196816 Since 2004
Revenue (FY2024)
$164K
▲ 8.9% vs prior year
Human Services median: $293K
Expenses (FY2024)
$226K
Net assets
-$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bridgeway Homes 02 N F P— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -38% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bridgeway Homes 02 N F P: 0 mo reserves · -38% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bridgeway Homes 02 N F P— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bridgeway Homes 02 N F P: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
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Contact & location
- Address
- 2323 Windish Dr, Galesburg, IL, 61401
- City
- Galesburg
- State
- Illinois
- Category
- Human Services
- Subcategory
- Residential Care
Financial trends
Revenue grew from $127K (FY2013) to $164K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.9MNet assets -$1.1M
Operating margin
-38.0%
Spent more than it raised in the latest fiscal year.
Total assets
$814K
Total liabilities
$1.9M
Net assets
-$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $163,834▲8.9% | $226,074▲6.6% | -$1,102,307▼6.0% | $813,946▼4.9% | 990 |
| 2023 | $150,390▼0.3% | $212,046▲0.8% | -$1,040,067▼6.3% | $855,627▼2.4% | 990 |
| 2022 | $150,801▲20.1% | $210,313▲4.9% | -$978,411▼6.5% | $877,027▼4.6% | 990 |
| 2021 | $125,615▼6.7% | $200,553▲5.5% | -$918,899▼8.9% | $919,332▼4.6% | 990 |
| 2020 | $134,656▲2.2% | $190,063▼4.9% | -$843,961▼7.0% | $963,662▼3.8% | 990 |
| 2019 | $131,816▼2.0% | $199,755▲8.4% | -$788,554▼9.4% | $1,001,521▼3.7% | 990 |
| 2018 | $134,553▼11.3% | $184,347▲4.3% | -$720,615▼7.4% | $1,039,637▼3.9% | 990 |
| 2017 | $151,684▲19.6% | $176,816▲0.3% | -$670,821▼3.9% | $1,082,324▼3.7% | 990 |
| 2016 | $126,838▲10.9% | $176,250▲1.9% | -$645,689▼8.3% | $1,123,821▼3.7% | 990 |
| 2015 | $114,369▼10.2% | $172,961▲0.5% | -$596,277▼10.9% | $1,166,941▼3.6% | 990 |
| 2014 | $127,407 | $172,023▼4.2% | -$537,685▼9.0% | $1,210,764▼4.3% | 990 |
| 2013 | $127,368 | $179,615▲8.1% | -$493,069▼11.9% | $1,264,771▼3.1% | 990 |
| 2012 | — | $166,227▼2.5% | -$440,822▼8.6% | $1,305,790▼3.6% | 990 |
| 2011 | — | $170,546▲0.3% | -$405,793▼12.8% | $1,354,337▼3.3% | 990 |
| 2010 | — | $169,957 | -$359,733 | $1,400,474 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Bridgeway Homes 02 N F P a legitimate nonprofit?
- Yes. Bridgeway Homes 02 N F P is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-2196816, based in Galesburg, Illinois. Donations are tax-deductible.
- What is Bridgeway Homes 02 N F P's EIN?
- Bridgeway Homes 02 N F P's Employer Identification Number (EIN) is 35-2196816.
- How much revenue does Bridgeway Homes 02 N F P report?
- Bridgeway Homes 02 N F P reported $163,834 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bridgeway Homes 02 N F P have?
- CharityIndex grades Bridgeway Homes 02 N F P F, based on financial health (reserves and operating margin).
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Data for Bridgeway Homes 02 N F P (EIN 35-2196816) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.