Bridges Training Foundation
- Assets
- $96.8k
- Revenue
- $268.3k
- Investments
- $0.0
- Employees
- 8
- Location
- Midlothian, TX
- Founding
- 05/2013
- Data as of
- 12/2022
- EIN
- 46-1579237
Organization Overview
Bridges Training Foundation is located in Midlothian, TX. The organization was established in 2013. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Bridges Training Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridges Training Foundation 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 Training Foundation generated $268.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $247.8k during the year ending 12/2022. While expenses have increased by 19.5% 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
ELEVATE LIVES BEYOND LIMITS AND LABELS TOWARD MORE INDEPENDENT LIVING THROUGH EDUCATION AND ENCOURAGEMENT - ONE PERSON, ONE FAMILY, ONE COMMUNITY AT A TIME. CONTINUED ON SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DIVISION BRIDGES TRAINING FOUNDATION IS FOCUSED ON THE SUCCESS OF THE CLIENTS WE SERVE. WE ACHIEVE THIS BY SURROUNDING THEM WITH HIGHLY QUALIFIED STAFF MEMBERS. WE PROUDLY HIRE INDIVIDUALS THAT HAVE A VARIED WORK HISTORY AND EXTENSIVE EXPERIENCE WORKING WITH INDIVIDUALS WITH DISABILITIES. WE DONT SEE LIMITATIONS OR INABILITIES WE ONLY SEE PATHWAYS TO THE NEXT SUCCESS. PLACING THE CUSTOMER WITH QUALIFIED STAFF ALLOWS US TO FOCUS ON THEIR UNIQUE STRENGTHS, RESOURCES, PRIORITIES, CONCERNS, ABILITIES, CAPABILITIES, INTERESTS AND INFORMED CHOICE. BRIDGES PLACES ITS FOCUS FOR THE WORKFORCE TEAM ON THE FOLLOWING DISCIPLINES VOCATIONAL ASSESSMENT, ENVIRONMENTAL WORK ASSESSMENT, SUPPORTED EMPLOYMENT ASSESSMENT. THESE SERVICES ARE DESIGNED TO FIND AN INDIVIDUALS STRENGTHS AND INTERESTS SO WE CAN HELP THEM FIND A JOB THEY WANT TO DO ONE THEY CAN DO. ASSESSMENTS USUALLY REQUIRE 20 TO 30 HOURS OBSERVING CLIENTS IN VARIOUS ENVIRONMENTS. THEY ARE A VERY USEFUL TOOL TO HELP CLIENTS FIND FULLY INCLUSIVE, FULL PAY EMPLOYMENT WITH THEIR PEERS. CONTINUED ON SCHEDULE O.
BRIDGES BAZAAR IS A THRIFT STORE AND HAS SO MANY BENEFITS. ONE, THE INCOME PRODUCED OFFERS ADDITIONAL FUNDING FOR OUR UNDERFUNDED PROGRAMS. WHILE THIS IS LISTED FIRST IT IS IN NO WAY THE MOST IMPORTANT FACET. TWO, IS THE RELATIONSHIPS WE FORM WITH THOSE THAT COME TO THE STORE. SO MANY PEOPLE SAY, I DID NOT KNOW YOU WERE HERE BUT NOW THAT I DO, I WILL BE BACK. I WANT TO HELP THREE, WE DONATE ITEMS TO THOSE IN NEED. IN 2022 WE GAVE OVER 1,500 DOLLARS IN MATERIALS TO VARIOUS ENTITIES OR INDIVIDUALS. THIRTY-FIVE CASES OF ADULT DIAPERS WENT TO THE SENIOR CENTER FOR THEM TO DISTRIBUTE. BOOKS ARE OFFERED TO TEACHERS FOR FREE AND TOYS ARE SENT TO TWO DIFFERENT DAY CARES FOR CHILDREN, ALL AT NO COST. BRIDGES HOSTED 43 VOLUNTEERS FOR A TOTAL OF 322 VOLUNTEER HOURS. CONTINUED ON SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Boler Treasurer | OfficerTrustee | 40 | $52,780 |
Melissa Boler President | OfficerTrustee | 40 | $52,000 |
Crystal Rentz Board Member | Trustee | 0.5 | $6,960 |
Christie Wallace Secretary | OfficerTrustee | 1 | $0 |
Brad Elliott Chairman | OfficerTrustee | 1 | $0 |
Melissa Wolfe Board Member | Trustee | 0.2 | $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 | $116,251 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,251 |
| Total Program Service Revenue | $152,040 |
| Investment income | $0 |
| 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 | $268,291 |
| 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. | $104,779 |
| Compensation of current officers, directors, key employees. | $17,261 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,219 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $831 |
| Payroll taxes | $13,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,829 |
| Information technology | $4,060 |
| Royalties | $0 |
| Occupancy | $29,558 |
| Travel | $46 |
| 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 | $756 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $247,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,076 |
| Savings and temporary cash investments | $0 |
| 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 | $8,686 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,762 |
| Accounts payable and accrued expenses | $279 |
| 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 | $133,228 |
| Total liabilities | $133,507 |
| 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 | -$36,745 |
| Total liabilities and net assets/fund balances | $96,762 |