Bridging Virginia Inc. Logo

MIP Score

45

Community Building
Community Funding - Multiple Orgs

Bridging Virginia Inc.

Mission

Bridging Virginia is a nonprofit community development loan fund established to support historically marginalized small businesses and communities by providing access to affordable capital and technical assistance. Founded in response to the economic impact of COVID-19 on these businesses, Bridging Virginia aims to enhance their economic opportunities and foster community resilience through care, collaboration, and capital.

Basic Information

Tax-Exempt

Address

1717 E Cary St, Richmond, Virginia, 23223

View all Richmond charities

Founded in

2020

EIN

85-2003331

Total Assets

$763.6 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Community Impact Stories

Community Impact Stories

Stories of successful small businesses supported by Bridging Virginia.

Capital Access Hub

Capital Access Hub

A collaborative effort to close the capital access gap for small businesses.

Support Our Work

Support Our Work

Join Bridging Virginia in building communities where everyone can thrive.

Impact Stats

$1,000,000

Total Financing Provided

Facilitated Affordable Financing

Provided critical access to capital for small businesses in need.

Impact Reports

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

45

38

/100

Program Expense Ratio

65.98%

6

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.2866

12

/20

Working Capital Ratio

2.551

16

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants628.4K99.46%
Program Services3.205K0.51%
Investment Income1910.03%
Sales of Non-Inventory Assets00.00%
Other Notable Sources50.00%
Total Revenue631.8K100.00%