Bridge Of Grace Inc
- Assets
- $2.9m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 21
- Location
- Fort Wayne, IN
- Founding
- 04/2012
- Data as of
- 12/2021
- EIN
- 45-4056745
Organization Overview
Bridge Of Grace Inc is located in Fort Wayne, IN. The organization was established in 2012. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Bridge Of Grace Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Of Grace 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 Of Grace Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 65.1% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 45.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY SERVICE PROVIDER FOR UNDERPRIVILEGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENT. WE PROVIDE VOLUNTEERS TO ENHANCE THE SOCIAL ENVIRONMENTAL AND ECONOMIC DYNAMIS OF THE MT. VERNON NEIGHBORHOOD.
EDUCATION & SUMMER CAMPS: WE UNDERWRITE SUMMER CAMPS FOR NEIGHBORHOOD YOUTH. CAMPS ARE LED BY CITY POLICE AND FIREMEN. AFTER SCHOOL EDUCATION: WE PROVIDE VOLUNTEERS AND STAFF TO PROVIDE TUTORING TO LOCAL STUDENTS AND OTHER LIFE SKILLS EDUCATON TO YOUNG ADULTS.
HOUSING DEVELOPMENT. WE PROVIDE VOLUNTEERS AND MATERIALS TO ENHANCE THE HOUSING OPPORTUNITIES OF THOSE DESIRING TO REPOPULATE THE MT. VERNON NEIGHBORHOOD WITH AFFORDABLE OWNERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Javier Mondragon CEO | OfficerTrustee | 10 | $58,850 |
Trent Bucher Treasurer | OfficerTrustee | 3 | $0 |
Matthew Graves President | OfficerTrustee | 1 | $0 |
Kathy Callen Director | Trustee | 1 | $0 |
Rob Hayworth Director | Trustee | 1 | $0 |
Larry White 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 | $2,441,353 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,441,353 |
| Total Program Service Revenue | $299,037 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50,237 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,790,656 |
| 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. | $58,850 |
| Compensation of current officers, directors, key employees. | $29,425 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $378,641 |
| Pension plan accruals and contributions | $7,559 |
| Other employee benefits | $28,208 |
| Payroll taxes | $35,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,609 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,249 |
| Advertising and promotion | $5,376 |
| Office expenses | $10,811 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,637 |
| Travel | $492 |
| 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 | $41,879 |
| Insurance | $21,665 |
| All other expenses | $118,568 |
| Total functional expenses | $1,009,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $794,836 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,280,000 |
| Accounts receivable, net | $12,736 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $105,097 |
| Prepaid expenses and deferred charges | $4,333 |
| Net Land, buildings, and equipment | $672,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,000 |
| Total assets | $2,887,290 |
| Accounts payable and accrued expenses | $35,936 |
| 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 | $35,936 |
| Net assets without donor restrictions | $1,331,722 |
| Net assets with donor restrictions | $1,519,632 |
| 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 | $2,887,290 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridge Of Grace Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Edward & Hildegarde H Schaefer Foundation Fort Wayne, IN PURPOSE: CHARITABLE | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Center St Louis, MO | $73,670,376 | $21,790,226 |
Christopher House Chicago, IL | $33,720,951 | $17,812,600 |
Harry And Rose Samson Family Jewish Community Center Inc Milwaukee, WI | $35,315,699 | $16,004,806 |
Illinois Valley Economic Development Corporation Gillespie, IL | $10,213,117 | $12,871,586 |
Heartland Center For Behavioral Change Kansas City, MO | $6,675,393 | $11,265,648 |
Erie Neighborhood House Chicago, IL | $11,699,595 | $9,786,163 |
Irwin A And Robert D Goodman Community Center Inc Madison, WI | $24,842,387 | $10,176,996 |
The Ark Chicago, IL | $15,671,677 | $9,993,897 |
Childrens Outing Assn Milwaukee, WI | $15,302,418 | $8,063,882 |
Southeast Community Services Inc Indianapolis, IN | $19,009,152 | $11,898,088 |
Edna Martin Christian Center Indianapolis, IN | $16,801,398 | $8,765,401 |
Lessie Bates Davis Neighborhood House Inc East St Louis, IL | $5,941,226 | $7,265,748 |