Bridges Of Light Foundation Inc
- Assets
- $308.2k
- Revenue
- $11.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 34-2000924
Organization Overview
Bridges Of Light Foundation Inc is located in Orlando, FL. The organization was established in 2005. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridges Of Light 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 12/2022, Bridges Of Light Foundation Inc generated $11.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (37.6%) each year. All expenses for the organization totaled $34.4k during the year ending 12/2022. 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 INDIVIDUALIZED TUTOR PROGRAMS TO CHILDREN THAT HAVE BEEN ABUSED, ABANDONED OR NEGLECTED, SPECIFICIALLY THOSE CONFINED TO FOSTER CARE FACILITIES BETWEEN THE AGES OF 6-18 IN CENTRAL FLORIDA. THE ORGANIZATION PROVIDES MENTORS TO ASSIST CHILDREN DURING TRANSITIONAL PERIODS OF THEIR FOSTER CARE ENVIRONMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ADDITION TO ENRICHING THE LIVES OF CHILDREN IN FOSTER CARE, BRIDGES OF LIGHT ALSO STRIVES TO BE A RESOURCE FOR THE COMMUNITY. THE ORGANIZATION PARTNERS WITH OTHER ORGANIZATIONS TO PROVIDE UNDUPLICATED SERVICES TO CHILDREN AND FAMILIIES AND RESPOND TO CRITICAL COMMUNITY NEEDS THAT OTHERWISE COULD NOT BE MET. THE KEY INITATIVES OF BRIDGES OF LIGHT ARE TO PROVIDE PROGRAMS AND OPPORTUNITIES NOT NORMALLY OFFERED TO CHILDREN IN FOSTER CARE WITH THE GOAL OF EMPOWERING AND ENABLING THEM TO BECOME INDEPENDENT, SUCCESSFUL MEMBERS OF THEIR COMMUNITY. THE ORANIZATION'S ACTIVITIES FOCUS ON DEVELOPING A STRONG ACADEMIC FOUNDATION THAT ENABLES CHILDREN TO CREATE AND ACHIEVE GOALS. THESE GOALS INCLUDE COMPLETING A COLLEGE EDUCATION IN THEIR DESIRED FIELD OF STUDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Papp President | OfficerTrustee | 2 | $0 |
Craig Fairey Treasurer | OfficerTrustee | 1 | $0 |
Shannon Julian Vice President | OfficerTrustee | 1 | $0 |
Danielle Newbold Director | Trustee | 1 | $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 | $11,771 |
| Noncash contributions included in lines 1a–1f | $909 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,771 |
| Total Program Service Revenue | $0 |
| Investment income | $5,005 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,370 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,406 |
| 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 | $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 | $0 |
| 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 | $6,730 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,384 |
| 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 | $0 |
| Insurance | $773 |
| All other expenses | $0 |
| Total functional expenses | $34,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,406 |
| Savings and temporary cash investments | $37,833 |
| 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 | $0 |
| Investments—publicly traded securities | $245,918 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $308,157 |
| 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 | $270,324 |
| Net assets with donor restrictions | $37,833 |
| 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 | $308,157 |
Grants Awarded
Over the last fiscal year, Bridges Of Light Foundation Inc has awarded $5,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GIFT OF SWIMMING INC PURPOSE: PROVIDE ACCESS TO DROWNING PREVENTION AND EDUCATION FOR UNDERPRIVILEGED, MENTALLY OR PHYSICALLY CHALLENGED CHILDREN. | $5,000 |