Bridge to Wellness Foundation Inc

“Form 990, Part VI, Line 11b Review of Form 990 For the tax year ending December 31, 2025, a complete copy of this Form 990 was not provided to all voting members of the governing body prior to filing. Current Review Process: The Form 990 was prepared by the organization's officer and reviewed in detail. A summary of key financial and operational disclosures was presented to the full governing body for discussion and acknowledgment prior to filing. Corrective Action: A new policy effective for the 2026 tax year mandates that a complete draft of Form 990 be distributed electronically to all governing body members at least 10 days prior to the meeting at which it is formally reviewed.”

“Form 990, Part VI, Line 19 Public Disclosure of Documents During the tax year, the organization made its governing documents (bylaws, articles of incorporation), conflict of interest policy, and financial statements available to the public upon request. These documents are provided in response to inquiries submitted through the Contact Us page on the organization's website at https://bridge-to-wellness.org.”

“Form 990, Part VI, Line 8a Documentation of Governing Body Meetings For the tax year ending December 31, 2025, the organization did not maintain formally approved minutes for all meetings of its governing body within the contemporaneous period defined by the IRS. Current Practice: Discussions and actions were tracked through informal notes and key decisions were confirmed via email among board members. Corrective Action: A new policy effective January 1, 2026, requires: 1) draft minutes prepared within one week of any meeting; 2) distribution to all board members for review; and 3) formal review and approval at the start of the next scheduled meeting. The organization did not have any committees with governing authority during the tax year.”

“Form 990, Part VI, Line 8b Committees with Authority: During the tax year ending December 31, 2025, the organization did not have any committees with authority to act on behalf of the governing body.”

“Form 990, Part IX, Line 11g Other Fees for Services The amount of $19,611 (rounded from $19,610.50) reported on Part IX, line 11g, Column (B) represents fees paid to Good360 for the processing and facilitation of noncash contributed goods. These are direct costs of the program and are reported as Program Service expenses.”

“Form 990, Part XI, Line 9 Reconciliation of Net Assets from Noncash Activity: The organization recognized $331,386 in contribution revenue from donated goods, which were distributed in full during the tax year. In accordance with GAAP (ASC 958), the net assets resulting from this activity were released from restriction upon distribution. As the organization held no cash or other assets related to this activity at year-end, the net increase in net assets from operations reported on line 3 ($331,386) is reconciled to the $0 balance sheet position on this line.”