Bridge Street House Of Prayer
- Assets
- $1.4m
- Revenue
- $674.3k
- Investments
- $0.0
- Employees
- 13
- Location
- Grand Rapids, MI
- Founding
- 04/2009
- Data as of
- 08/2021
- EIN
- 26-2868231
Organization Overview
Bridge Street House Of Prayer, operating under the name Bridge Street Ministries, is located in Grand Rapids, MI. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 08/2021, Bridge Street Ministries employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Street Ministries 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 08/2021, Bridge Street Ministries generated $674.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $587.7k during the year ending 08/2021. While expenses have increased by 7.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE A CHRIST-CENTERED COMMUNITY DEVELOPMENT AND YOUTH DISCIPLESHIP ORGANIZATION SERVING THE WEST SIDE OF GRAND RAPIDS, BUILDING A BRIDGE BETWEEN THE STREETS AND THE CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGE STREET MINISTRIES (BRIDGE STREET HOUSE OF PRAYER), IS A CHRISTIAN COMMUNITY DEVELOPMENT ORGANIZATION WITH AN EMPHASIS ON HOLISTIC YOUTH DEVELOPMENT. OUR PAVILION COFFEE SHOP IS A COMMUNITY CAFE DESIGNED TO EMPLOY LOCAL NEIGHBORS. THE COFFEE SHOP IS OPEN FROM 7A-2:30P, MONDAY - FRIDAY AND 8A-3P ON SATURDAYS. OUR RESURGENCE AFTER-SCHOOL PROGRAM IS AN EXTRACURRICULAR PROGRAM THAT OFFERS LEARNING LABS TO LOCAL STUDENTS 5 DAYS PER WEEK, WITH APPROXIMATELY 50 STUDENTS PARTICIPATING IN THIS OPPORTUNITY. OUR GRAND RAPIDS IMMERSION PROGRAM IS A SUMMER MISSION TRIP OPPORTUNITY FOR LOCAL CHURCH YOUTH GROUPS AND HIGH SCHOOL PROGRAMS. IN 2021 WE HOSTED 75 STUDENTS AND THEIR LEADERS. OUR BRIDGE STREET MISSION SCHOOL IS AN 8-MONTH IMMERSIVE GAP-YEAR PROGRAM. DURING THE 2020-2021 PROGRAM YEAR, WE HAD 5 STUDENTS ENROLLED.
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 |
|---|---|---|---|
Ryan Waalkes Executive Director | OfficerTrustee | 50 | $66,383 |
Susie Renzema Secretary | OfficerTrustee | 2 | $0 |
Mark Vantongeren Treasurer | OfficerTrustee | 2 | $0 |
Steve Vanpoolen Chairman | OfficerTrustee | 2 | $0 |
John Booy Vice Chair | OfficerTrustee | 1 | $0 |
Jeff Jackson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $134,481 |
| All other contributions, gifts, grants, and similar amounts not included above | $464,659 |
| Noncash contributions included in lines 1a–1f | $37,864 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $599,140 |
| Total Program Service Revenue | $27,038 |
| Investment income | $88 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$658 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,366 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $674,254 |
| 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. | $75,903 |
| Compensation of current officers, directors, key employees. | $30,361 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $295,274 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,749 |
| Payroll taxes | $29,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,023 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50 |
| Fees for services: Other | $6,813 |
| Advertising and promotion | $1,681 |
| Office expenses | $30,952 |
| Information technology | $12,429 |
| Royalties | $0 |
| Occupancy | $17,785 |
| Travel | $14,281 |
| 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 | $33,921 |
| Insurance | $10,630 |
| All other expenses | $0 |
| Total functional expenses | $587,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,354 |
| Savings and temporary cash investments | $10,935 |
| 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 | $6,310 |
| Net Land, buildings, and equipment | $1,227,578 |
| Investments—publicly traded securities | $5,717 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,378,894 |
| Accounts payable and accrued expenses | $27,953 |
| 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 | $27,953 |
| Net assets without donor restrictions | $1,350,941 |
| 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 | $1,378,894 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bridge Street House Of Prayer has recieved totaling $112,604.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $69,250 |
Cdv5 Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $15,000 |
Douglas & Maria Devos Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $10,000 |
Grand Rapids Community Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Grand Haven Area Community Foundation Inc Grand Haven, MI PURPOSE: RELIGION RELATED | $6,800 |
Buist Foundation Byron Center, MI PURPOSE: MISSIONS | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rbc Ministries Grand Rapids, MI | $21,687,815 | $61,139,442 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |