Footbridge EIN 46-5034865

Footbridge

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Connects medical professionals to global missions, aiding the poor and educating locals. For fiscal year 2024 it reported $210K in revenue, $235K in expenses, and $385K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Lexington, NC
Website
www.footbridge.world
Filings
5 on file (2020–2024)
Revenue
$210KFY2024
Expenses
$235K
Net assets
$385K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-5034865 Public charity (501(c)(3)) Lexington, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects medical professionals to global missions, aiding the poor and educating locals.
Leadership
Daniel Spainhour · President
Money in and out
$210K revenue, $235K expenses
Bottom line
61% program efficiency
Where the money goes · FY2024
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$235K
Pt IX · Ln 25
Net assets
$385K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$25K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.39
Program efficiency
61%
of spending reaches programs▼ -29% vs prior filing year
Operating runway
12.2mo
months of highly liquid reserves at operating expense rate▲ +30% vs prior filing year
Surplus margin
-12%
revenue over expenses, this year▲ +56% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$210K
FY2024▲ +1%
Expenses
$235K
FY2024▼ -11%
Total assets
$385K
FY2024▼ -6%
Total liabilities
$0
FY2024
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$235K
Pt IX · Ln 25
Net assets
$385K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$25K
Total assetsPt X · Ln 16$385K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

2 program services account for $143K of program spending, described in the organization's own filed words · FY2024.
01

Provide access to educational opportunities in colleges and universities to foreign nationals that they might carry on the expansion of christ's work in their community. In 2020, establishing a K-12TH grade child sponsorhip partnership in togo, africa, to provide orphaned and underprivileged students quality christian educational…

$80Kprogram expense
02

Connect doctors and medical professionals from all fields of the healthcare world to missions among the world's poor in order to help meet their physical and spiritual needs. Clinics were held in march, june, october and november. A total of 1,492 patients were served.

$63Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFootbridge
EINHdr · item D46-5034865
Principal addressHdr · item CLexington, NC
WebsiteHdr · item Jwww.footbridge.world
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Medical Dire
$0Pt VII · Sec A
Ast. Med. Di
$0Pt VII · Sec A
Medical Clin
$0Pt VII · Sec A
Progam Manag
$0Pt VII · Sec A
Advisory Boa
$0Pt VII · Sec A
See Footbridge executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$206K · 98%
Investment income$3K · 1%
Contributions & grants98%$206K
Investment income1%$3K
Other revenue$325
Total revenueLn 12$210K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.39
Program services61%$143K
Management & general39%$92K
Total functional expensesLn 25$235K

Balance Sheet

Part X · end of year
CashLn 1$218K
Total assetsLn 16$385K
Total liabilitiesLn 26$0
Total net assetsLn 32$385K
Months of cash on handcomputed11.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $238K · Operating expenses/yr $235K
12.2 months
Where the money goes
Program services
Program services $143K · Total expenses $235K
61%
Management & General
Management & general $92K · Total expenses $235K
39%
Fundraising
Fundraising $0 · Total expenses $235K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $205K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $206K · Total revenue $210K
98%
Government reliance
Government grants — · Total revenue $210K
Earned-income share
Program service revenue $0 · Total revenue $210K
0%
Investment reliance
Investment income $3K · Total revenue $210K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $235K
0%
Growth & trend
Revenue growth (YoY)
This year $210K · Prior year $207K
+1%
Revenue CAGR
FY2020 $246K · FY2024 $210K
-4%
Net-asset trend (YoY)
End of year $385K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $210K · Expenses $235K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $385K
Net-asset ratio
Net assets $385K · Total assets $385K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $20K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $385K
5%
People & payroll
Highest Reported Total Compensation
Individual Daniel Spainhour · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $235K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $235K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 39%
Fundraising cost ratio 0%
Revenue growth 1%
Accounting fee ratio 17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$210K revenue · viewing · ⤓ 990 PDF
FY2023$207K revenue · ⤓ 990 PDF
FY2022$203K revenue · ⤓ 990 PDF
FY2021$198K revenue · ⤓ 990 PDF
FY2020$246K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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