The Bridge Restoration Ministry
- Assets
- $3.0m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Pacific Grove, CA
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 20-8238084
Organization Overview
The Bridge Restoration Ministry is located in Pacific Grove, CA. The organization was established in 2008. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Restoration Ministry 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, Bridge Restoration Ministry generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 7 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 A SETTING FOR THOSE STRUGGLING WITH LIFE DOMINATING SIN, PROVIDING DIRECTION, STRUCTURE, DISCIPLESHIP AND SUPERVISION FOR THE PURPOSE OF RESTORING THEM BACK TO GOD, FAMILY, WORK AND COMMUNITY."HE IS NO FOOL WHO GIVES WHAT HE CANNOT KEEP TO GAIN THAT WHICH HE CANNOT LOSE." - JIM ELLIOT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRIDGE RESTORATION MINISTRY IS A RESIDENTIAL PROGRAM THAT REQUIRES A 12 MONTH COMMITMENT FROM EACH PARTICIPANT. THERE ARE TWO RESIDENCES. THE MENS' RESIDENCE SERVED 63 PARTICIPANTS AND THE WOMENS' RESIDENCE SERVED 16 PARTICIPANTS DURING THE YEAR. EACH RESIDENT IS DESIRING TO RECOVER FROM SUBSTANCE ABUSE PROBLEMS AND IS COMMITTED TO MAKING LIFESTYLE CHANGES. THE PROGRAM TEACHES ANGER AND STRESS MANAGEMENT, FAMILY RECONCILIATION, PERSONAL FINANCE MANAGEMENT, VOCATIONAL TRAINING AND CAREER GUIDANCE, RELAPSE PREVENTION, CHRISTIAN DISCIPLESHIP, AND OTHER ASPECTS OF RECOVERY.
OTHER PROGRAM EVENTS - NET
THE BRIDGE RESTORATION MINISTRY HAS TWO RETAIL TRAINING FACILITIES. ONE "SECOND CHANCE THRIFT STORE" STARTED BUSINESS AT 105 CENTRAL AVENUE, PACIFIC GROVE, CALIFORNIA IN SEPTEMBER 2012. THE NEW "SECOND CHANCE THRIFT STORE" STARTED BUSINESS AT 443A LIGHTHOUSE AVENUE, MONTEREY, CALIFORNIA IN 2022. THE STORES PROVIDE VOCATIONAL TRAINING FOR RESIDENTIAL PROGRAM PARTICIPANTS DURING THEIR FIRST PHASE OF THE PROGRAM.
THE BRIDGE RESTORATION MINISTRY HAS A CULINARY TRAINING PROGRAM. THE PROGRAM, LOCATED AT 3001 SALINAS-MONTEREY HIGHWAY, MONTEREY, CALIFORNIA, PROVIDES VOCATIONAL TRAINING FOR RESIDENTIAL PROGRAM PARTICIPANTS DURING THEIR FIRST PHASE OF THE RESIDENTIAL PROGRAM. THE RESIDENTS LEARN CULINARY VOCATIONAL SKILLS THROUGH PROVIDING THE SURROUNDING COMMUNITY WITH CATERING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Casey Executive Director | Trustee | 32 | $61,048 |
Rick Barnett Chairman | OfficerTrustee | 5 | $0 |
Steve Wotherspoon Treasurer | OfficerTrustee | 5 | $0 |
Donna Lackey Board Member | Trustee | 5 | $0 |
Alfred Amoroso Board Member | Trustee | 5 | $0 |
Mark Zehm Board Member | Trustee | 5 | $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 | $2,334,596 |
| Noncash contributions included in lines 1a–1f | $303,347 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,334,596 |
| Total Program Service Revenue | $678,847 |
| Investment income | $2,494 |
| 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 | $3,097,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,069 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,048 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $543,901 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,664 |
| Payroll taxes | $52,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,071 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,872 |
| Office expenses | $9,900 |
| Information technology | $8,996 |
| Royalties | $0 |
| Occupancy | $320,080 |
| Travel | $1,614 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $317 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,715 |
| Insurance | $31,625 |
| All other expenses | $68,284 |
| Total functional expenses | $1,646,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,593 |
| Savings and temporary cash investments | $488,777 |
| 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 | $34,771 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,577,574 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $450,810 |
| Total assets | $2,974,525 |
| Accounts payable and accrued expenses | $38,839 |
| 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 | $425,989 |
| Total liabilities | $464,828 |
| 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 | $2,509,697 |
| Total liabilities and net assets/fund balances | $2,974,525 |