Bridges Of America - The Cocoa Bridge Inc
- Assets
- $797.5k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 32
- Location
- Orlando, FL
- Founding
- 05/2015
- Data as of
- 06/2021
- EIN
- 46-3079431
Organization Overview
Bridges Of America - The Cocoa Bridge Inc is located in Orlando, FL. The organization was established in 2015. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2021, Bridges Of America - The Cocoa Bridge Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridges Of America - The Cocoa Bridge 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 06/2021, Bridges Of America - The Cocoa Bridge Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 0.9% 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 PROVIDE A WORK RELEASE TRANSITION PROGRAM FACILITY FOR CRIMINAL OFFENDERS IN BREVARD COUNTY, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGES OF AMERICA CONTRACTS WITH THE FLORIDA DEPARTMENT OF CORRECTIONS TO PROVIDE A SECURE WORK RELEASE PROGRAM FOR INMATES. THE PROGRAM INCLUDES JOB AND LIFE-SKILLS TRAINING, EDUCATIONAL CLASSES, AND EMPLOYMENT PLACEMENT. UPON SUCCESSFUL COMPLETION OF THE PROGRAM AND END-OF-SENTENCE, INMATES ARE BETTER PREPARED FOR RE-ENTRY INTO SOCIETY. 156 INMATES PARTICIPATED IN THE PROGRAM DURING THE YEAR ENDED JUNE 30, 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yolanda Dorsey Vice President | OfficerTrustee | 1 | $0 |
Lori Costantino-Brown Chairman Board | OfficerTrustee | 1 | $0 |
Grady Mcmurtry Secretary | OfficerTrustee | 0 | $0 |
Gerald Holdsworth Treasurer | OfficerTrustee | 0 | $0 |
Charles Brown Vice President | OfficerTrustee | 1 | $0 |
Michael Smith CFO - Bridges Internationa | Officer | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,398,072 |
| 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 | $1,398,072 |
| 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 | $620,184 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $109,532 |
| Payroll taxes | $44,415 |
| Fees for services: Management | $81,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,884 |
| Advertising and promotion | $0 |
| Office expenses | $10,766 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,830 |
| 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 | $3,759 |
| Insurance | $34,282 |
| All other expenses | $57,774 |
| Total functional expenses | $1,253,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,878 |
| 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 | $19,776 |
| Net Land, buildings, and equipment | $4,640 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $247,536 |
| Total assets | $797,487 |
| Accounts payable and accrued expenses | $10,496 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $234,935 |
| 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 | $48,765 |
| Total liabilities | $294,196 |
| Net assets without donor restrictions | $503,291 |
| 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 | $797,487 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aleph Institute Surfside, FL | $152,629 | $9,147,480 |
Advocate Program Inc Miami, FL | $5,549,659 | $6,698,556 |
Tampa Crossroads Inc Tampa, FL | $5,473,634 | $5,040,279 |
Bridges Of America-The Jacksonville Bridge Inc Orlando, FL | $1,531,534 | $4,601,224 |
Passageway Residence Of Dade County Miami, FL | $6,934,694 | $4,096,514 |
Bridges Of America Inc Orlando, FL | $1,395,050 | $3,771,318 |
Bridges Of America - The Lake City Bridge Inc Orlando, FL | $2,906,832 | $2,818,908 |
Bridges Of America - The Santa Fe Bridge Inc Orlando, FL | $1,394,876 | $2,302,173 |
Pinellas Ex Offender Re Entry Coalition Inc Clearwater, FL | $2,698,931 | $2,725,953 |
Bridges Of America-The Bradenton Bridge Inc Orlando, FL | $2,876,552 | $1,853,629 |
Bridges Of America - The Cocoa Bridge Inc Orlando, FL | $797,487 | $1,398,072 |
Bridges Of America-The Polk Bridge Orlando, FL | $245,607 | $1,011,653 |