Legal

Audit Documents

Independent verification of our financial integrity

Last updated: January 30, 2026

Our Commitment to Accountability

At Bridgeway Foundation, we believe that transparency isn't just about showing where money goes—it's about proving it through independent verification. We undergo rigorous annual financial audits conducted by certified public accountants who have no affiliation with our organization.

Our audit standards include:

  • Annual financial statement audits by independent CPAs
  • IRS Form 990 review and public filing
  • Single Audit compliance (when applicable)
  • Internal control assessments
  • Program effectiveness evaluations

All audit documents are made available to the public as part of our commitment to radical transparency.

Understanding Our Audits

What is a Financial Audit? A financial audit is an independent examination of our financial statements by a certified public accountant (CPA). The auditor reviews our financial records, internal controls, and accounting practices to provide reasonable assurance that our financial statements are free from material misstatement.

Types of Auditor Opinions:

  • Unqualified (Clean) Opinion: The highest level of assurance—indicates the financial statements are fairly presented
  • Qualified Opinion: Generally positive but with specific exceptions noted
  • Adverse Opinion: Indicates material misstatements in the financial statements
  • Disclaimer: The auditor cannot form an opinion

Bridgeway Foundation has received an unqualified (clean) opinion on all annual audits since our founding.

Form 990 Public Disclosure

As a 501(c)(3) nonprofit organization, we are required to file Form 990 with the IRS annually. This form provides detailed information about our:

  • Revenue and expenses
  • Assets and liabilities
  • Compensation of officers and key employees
  • Program accomplishments
  • Governance policies

We make our Form 990 available immediately upon filing, rather than waiting for it to appear on third-party sites. This is part of our commitment to proactive transparency.

Third-Party Evaluations

In addition to our required audits, we voluntarily participate in evaluations by leading charity watchdog organizations:

Charity Navigator

  • 4-Star Rating (highest possible)
  • Score: 96/100
  • Evaluates financial health, accountability, and transparency

GuideStar/Candid

  • Platinum Seal of Transparency (highest level)
  • Demonstrates commitment to transparency through comprehensive profile

BBB Wise Giving Alliance

  • Meets all 20 Standards for Charity Accountability
  • Covers governance, finances, fundraising, and donor privacy

These independent evaluations provide additional assurance that your donations are being used effectively and ethically.

Request Additional Information

We believe you have the right to know everything about how we operate. If you need information beyond what's provided here, please contact us:

For Audit Questions: Email: info@bridgewayfoundationglobal.com

For General Inquiries: Email: info@bridgewayfoundationglobal.com

We aim to respond to all transparency requests within 2 business days.

Audit Reports

2025

Annual Financial Audit

Smith & Associates CPAs

Unqualified (Clean)
January 15, 2026
2025

IRS Form 990

Internal / IRS Filing

Filed
November 15, 2025
2024

Annual Financial Audit

Smith & Associates CPAs

Unqualified (Clean)
January 18, 2025
2024

IRS Form 990

Internal / IRS Filing

Filed
November 12, 2024
2023

Annual Financial Audit

Smith & Associates CPAs

Unqualified (Clean)
January 20, 2024
2023

IRS Form 990

Internal / IRS Filing

Filed
November 10, 2023

Legal Certifications

501(c)(3) Determination Letter

Internal Revenue Service

Official recognition as a tax-exempt charitable organization

March 15, 2019

State Registration

Illinois Attorney General

Charitable organization registration for soliciting donations

Renewed Annually

Certificate of Good Standing

Illinois Secretary of State

Confirmation that the organization is in compliance with state requirements

January 2026