The Bridge Ministry, Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$2,100,000.00
Projected Expenses
$2,100,000.00
Organizational Budgets and Other Documents
| 2024 Budget | 2024 |
| 2023 Budget | 2023 |
| Budget | 2022 |
| Budget | 2021 |
| Budget | 2020 |
| Budget | 2019 |
| Budget | 2018 |
| Budget | 2017 |
| Budget | 2016 |
| Budget | 2015 |
IRS Letter of Exemption
| The Bridge Ministry IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $1,977,783.00 | $1,733,586.00 | |
| Total Expenses | $2,070,428.00 | $1,637,749.00 | |
| Revenue Less Expenses | ($-0.00) | ($92,645.00) | $95,837.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $1,977,783.00 | $1,733,586.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $0.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $1,532,810.00 | $1,146,038.00 | |
| Administration Expense | $228,180.00 | $178,924.00 | |
| Fundraising Expense | $309,438.00 | $312,787.00 | |
| Total Revenue/Total Expenses | 96% | 106% | |
| Program Expense/Total Expenses | 74% | 70% | |
| Fundraising Expense/Contributed Revenue | 15% | 19% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $1,977,783.00 | Contributions, Gifts, and Grants $1,733,586.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $176,221.00 | $268,866.00 | |
| Current Assets | $176,221.00 | $268,866.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $0.00 | $0.00 | |
| Total Net Assets | $176,221.00 | $268,866.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Exempt
Form 990s
No form 990s are available at this time
Audit Documents
CEO/Executive Director/Board Comments
| A challenge The Bridge faces is that our funding for our programs must also be used towards the maintenance of all vehicles, warehouse lease, and employee salaries. Our funding partners are individuals, churches, organizations and private foundations. We are dedicated and committed to using all available funds for administration of programs. We take pride in our faithful and good stewardship. |
Foundation Staff Comments
| Starting in 2020, financial details compiled by Audit. Audit prepared by Blankenship CPA Group, PLLC. Comments provided by Nicole Rose 03/10/2023. |
