Bridges Of Hope
- Assets
- $190.5k
- Revenue
- $170.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-3530425
Organization Overview
Bridges Of Hope is located in Rapid City, SD. The organization was established in 2006. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridges Of Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bridges Of Hope generated $170.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $132.8k during the year ending 12/2023. While expenses have increased by 10.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGES OF HOPE EXISTS TO SPREAD THE GOSPEL OF JESUS CHRIST AND DISCIPLE LIBERIANS TO WORSHIP AND GLORIFY GOD, EMPOWERING THEM TO LIVE CHRIST- CENTERED LIVES AND TO ACHIEVE FOR THEMSELVES A REASONABLE LIVING. WE WILL DO THIS THROUGH A BIBLE-TEACHING CHURCH, QUALITY EDUCATION, QUALITY HEALTHCARE, INSTRUCTION IN ENTREPRENEURSHIP AND AGRICULTURE. THE PURPOSE OF THESE INITIATIVES IS TO PROMOTE A BIBLICAL WORLDVIEW EVIDENCED BY A LIFESTYLE OF CHARACTER, LEADERSHIP, STEWARDSHIP, SERVICE, AND JOYFUL WORSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGES OF HOPE CONTINUES TO SUPPORT THE EFFORTS OF HOPE VILLAGE IN RURAL LIBERIA WITH EDUCATIONAL OPPORTUNITIES. THE SCHOOL CONTINUES TO GRADUATE APPROXIMATELY 12-16 STUDENTS PER YEAR. THESE STUDENTS PASS THE WEST AFRICAN ASSOCIATION OF STATES (HIGH SCHOOL) EQUIVALENCY EXAM. FOR 2023, WE CONTINUED TO SUPPORT THE SCHOOL VIA SALARIES TO TEACHERS, AND REPAIRS AND IMPROVEMENTS TO THE SCHOOL AND TEACHER HOMES. IN 2023, BRIDGES OF HOPE COMPLETED CONSTRUCTION OF SANITARY TOILETS FOR STUDENTS AT HOPE INTERNATIONAL CHRISTIAN ACADEMY.
BRIDGES OF HOPE CONTINUES TO PLAN PROVISION OF A CHRIST-CENTERED HEALTHCARE FOR HOPE VILLAGE AND NEIGHBORING VILLAGES. THE COMMITTEE FORMED IS FOCUSED ON WHAT WILL BE REQUIRED TO OPEN A CLINIC. FUNDRAISING FOR THIS PURPOSE IS UNDERWAY BUT PROVES TO BE SLOW GOING AS THE MAJORITY OF OUR DONORS ARE COMMITTED TO EDUCATING CHILDREN. BRIDGES OF HOPE DOES SUPPORT HOPE VILLAGE IN RURAL LIBERIA WITH MEDICAL MISSION TRIPS. THE NEXT TRIP WILL BE IN JANUARY OF 2024. IT IS ANTICIPATED THAT 18 TO 20 MEDICALLY SKILLED VOLUNTEERS WILL PARTICIPATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Digler President | OfficerTrustee | 5 | $0 |
Donovan Broberg Vice Preside | OfficerTrustee | 1 | $0 |
Stephanie Digler Secretary | OfficerTrustee | 36 | $0 |
Joel Schwiesow Treasurer | OfficerTrustee | 2 | $0 |
Yanga Walz Director | Trustee | 1 | $0 |
Cathy Connor Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $169,374 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,374 |
| Total Program Service Revenue | $0 |
| Investment income | $1,233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $78,786 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,052 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,008 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,084 |
| Insurance | $0 |
| All other expenses | $43,868 |
| Total functional expenses | $132,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,616 |
| Savings and temporary cash investments | $126,233 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,626 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $190,475 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $190,475 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $190,475 |