Bridge Foundation Inc is located in Newtown Square, PA. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Foundation Inc 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 12/2021, Bridge Foundation Inc generated $14.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DIRECT GRANTS TO YOUNG PEOPLE IN RECOVERY AND THEIR FAMILIES FOR HOUSING, PEER-TO-PEER COACHING AND TREATMENT. FAMILY EDUCATION, ADVOCACY, AND SUPPORT PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
La Toya Monroe Treasurer | 1 | $0 | |
Nancy Marcus Newman President | 20 | $0 | |
Fred Way Jr Secretary | 0.5 | $0 | |
Caroline Fenkel Director | 0.5 | $0 | |
Denise Parmet Director | 0.5 | $0 | |
Mark G Hopkins Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,917 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,917 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,456 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,849 |
Total expenses | $9,407 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,888 |
Other assets | $0 |
Total assets | $54,888 |
Total liabilities | $5,000 |
Net assets or fund balances | $49,888 |
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