Building Bridges Child Development
- Assets
- $1.9m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 53
- Location
- Albuquerque, NM
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 20-3724136
Organization Overview
Building Bridges Child Development is located in Albuquerque, NM. The organization was established in 2009. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2022, Building Bridges Child Development employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Bridges Child Development 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 12/2022, Building Bridges Child Development generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY CHILD CARE AND EDUCATION FOR LOW INCOME FAMILIES SO PARENTS CAN WORK
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUALITY CHILD CARE AND EDUCATION FOR LOW INCOME FAMILIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristeena Dehne Registered Representive | Officer | 20 | $38,948 |
Brian Peterson Secretary | Officer | 1 | $0 |
Robert Baker President | Officer | 1 | $0 |
Alvino Bobby Contreras III Vice President | Officer | 1 | $0 |
Brian Peterson Director | Trustee | 1 | $0 |
Robert Baker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,738,271 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,738,271 |
| Total Program Service Revenue | $630,465 |
| Investment income | $2,198 |
| 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 | $2,370,934 |
| 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 | $0 |
| 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 | $859,175 |
| Pension plan accruals and contributions | $47,502 |
| Other employee benefits | $3,285 |
| Payroll taxes | $68,870 |
| Fees for services: Management | $30,000 |
| Fees for services: Legal | $120 |
| Fees for services: Accounting | $1,717 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,278 |
| Advertising and promotion | $8,391 |
| Office expenses | $44,225 |
| Information technology | $12,803 |
| Royalties | $0 |
| Occupancy | $216,444 |
| Travel | $23,979 |
| 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 | $2,249 |
| Insurance | $23,515 |
| All other expenses | $178,648 |
| Total functional expenses | $1,647,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,446,297 |
| Savings and temporary cash investments | $209,169 |
| 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 | $11,523 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,654 |
| Investments—publicly traded securities | $240,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,909,643 |
| 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 | $11,183 |
| Total liabilities | $11,183 |
| Net assets without donor restrictions | $0 |
| 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 | $1,898,460 |
| Total liabilities and net assets/fund balances | $1,909,643 |