Bridgeman Charitable Group Inc
- Assets
- $70.8k
- Revenue
- $186.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 46-4406300
Organization Overview
Bridgeman Charitable Group Inc is located in Louisville, KY. The organization was established in 2015. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Bridgeman Charitable Group 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, Bridgeman Charitable Group Inc generated $186.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.4%) each year. All expenses for the organization totaled $428.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bridgeman Charitable Group Inc has awarded 11 individual grants totaling $260,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS AND PUBLIC AWARENESS FOR NON-PROFIT ORGANIZATIONS IN THE GREATER LOUISVILLE AREA THAT HAVE A FOCUS ON CHILDREN, EDUCATION OR HEALTH AWARENESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GRANTS PAID: $5,000 TO TEENS EXERCISING EXTRAORDINARY SUCCESS,$15,000 TO METRO UNITED WAY, $15,000 TO ONE PLUS ONE, $15,000 TO PLAY COUSINS COLLECTIVE, $15,000 TO ST. GEORGE'S SCHOLAR INSTITUTE, $5,000 TO THE MUSEUM OF FOOD AND DRINK, $75,000 TO WACO THEATER CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ulysses L Bridgeman Jr Chairman | Trustee | 1 | $0 |
Eden Bridgeman Director | Trustee | 1 | $0 |
Ryan Bridgeman Director | Trustee | 1 | $0 |
Justin Bridgeman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $186,759 |
| 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 | $186,759 |
| Total Program Service Revenue | $0 |
| 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 | $186,759 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $145,000 |
| 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 | $142,932 |
| Advertising and promotion | $7,551 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $1,992 |
| Total functional expenses | $428,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,168 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,585 |
| Total assets | $70,753 |
| Accounts payable and accrued expenses | $45 |
| 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 | $45 |
| 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 | $49,019 |
| Retained earnings, endowment, accumulated income, or other funds | $21,689 |
| Total liabilities and net assets/fund balances | $70,753 |
Grants Awarded
Over the last fiscal year, Bridgeman Charitable Group Inc has awarded $135,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
METRO UNITED WAY PURPOSE: TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF COMMUNITIES TO ADVANCE COMMON GOOD | $15,000 |
ONE PLUS ONE EQUALS U INC PURPOSE: KEEP STUDENT ATHLETES OFF THE STREETS AND IN SCHOOL WEHRE THEY CAN FURTHER EDUCTION | $15,000 |
PLAY COUSINS COLLECTIVE PURPOSE: BUILD SUPPORT AROUND SOCIALLY AND ECONOMICALLY VULNERABLE CHILDREN AND FAMILIES IN WEST LOUISVILLECAMP FOR BLIND AND DEAF CHILDREN | $15,000 |
ST GEORGE'S SCHOLAR INSTITUTE PURPOSE: EMPOER YOUTH, BUILD COMMUNITY BY BECOMING FULL SERVICE RESOURCE CENTER | $15,000 |
WACO THEATER CENTER PURPOSE: EMPOWERMENT OF LOS ANGELES ARTISTS, YOUNG PEOPLE AND STORIES OF AFRICAN DIASPORA | $75,000 |