Bridge Prep Academy Of Tampa Inc
- Assets
- $4.0m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 276
- Location
- Miami, FL
- Founding
- 09/2014
- Data as of
- 06/2021
- EIN
- 46-5406200
Organization Overview
Bridge Prep Academy Of Tampa Inc is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Bridge Prep Academy Of Tampa Inc employed 276 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Prep Academy Of Tampa 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, Bridge Prep Academy Of Tampa Inc generated $14.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.8% each year . All expenses for the organization totaled $12.8m during the year ending 06/2021. While expenses have increased by 37.8% 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
BRIDGEPREP ACADEMY BELIEVES EVERY CHILD LEARNS BEST IN A SAFE, NURTURING AND STIMULATING ENVIRONMENT WHERE HIGH ACADEMIC EXPECTATIONS, SELF-ESTEEM, GOOD CHARACTER, AND AN APPRECIATION FOR THE ARTS ARE PROMOTED. BRIDGEPREP ACADEMYS MISSION IS TO PROVIDE A CHALLENGING ACADEMIC CURRICULUM THAT WILL ENCOMPASS AN ENRICHED SPANISH LANGUAGE PROGRAM, TECHNOLOGY AND EXPERIENCES THAT WILL ENABLE STUDENTS TO DEVELOP GLOBALLY. BRIDGEPREP ACADEMYS GOAL IS TO EDUCATE WELL ROUNDED INDIVIDUALS AND ENABLE STUDENTS TO REACH THEIR MAXIMUM POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTH TAMPA:TAMPA, HAS BEEN ABLE TO ACHIEVE THE FOLLOWING PROGRAMS WITH SUCCESS:-IMPLEMENTATION OF SCIENCE FOR MIDDLE SCHOOL WITH VIRTUAL LEARNING FOR KIDS-IMPLEMENTATION OF MASTERY CONNECT IMPLEMENTATION OF MASTERY CONNECT, TO SUPPORT IN ADMINISTERING OF DATA/ASSESSMENTS-ACHIEVE 3000 - THEY UTILIZE THE PROGRAM WITH 100 PERCENT FIDELITY AND CONSISTENCY. THEY HAVE BEEN RECOGNIZED FOR THEIR STUDENTS GROWTH AND USAGE-IMPLEMENTATION OF ACHIEVE IN WRITING, ELA, SCIENCE AND SOCIAL STUDIES-NOVELS IN SPANISH AND ELA ARE OF THE SAME TITLES AND ARE BEING TAUGHT SIMULTANEOUSLY IN EACH OF THE LANGUAGES WHILE DOUBLE DOSING THE STANDARDS. VG PLANS EFFECTIVELY DURING COMMON PLANNING TO ENSURE ACCURACY OF UNPACKING THE STANDARDS.SOUTH TAMPA PRIDES THEMSELVES ON A STATE OF THE ART READING PROGRAM AS WELL AS A LAB THAT HAS A SCHEDULE UTILIZED BY ALL TEACHERS FOR DAILY IMPLEMENTATION OF ALL COMPUTERIZED PROGRAMS.RIVERVIEW:RIVERVIEW, HAS BEEN ABLE TO ACHIEVE THE FOLLOWING PROGRAMS WITH SUCCESS:-UTILIZATION OF CARNEGIE-IMPLEMENTATION OF MASTERY CONNECT IMPLEMENTATION OF MASTERY CONNECT, TO SUPPORT IN ADMINISTERING OF DATA/ASSESSMENTS-IMPLEMENTATION OF SCIENCE FOR MIDDLE SCHOOL WITH VIRTUAL LEARNING FOR KIDS-IMPLEMENTATION OF COACH FOR INTERVENTIONS-ACHIEVE 3000 IN SOCIAL STUDIES-ISTATION - UTILIZATION IN ELA AND MATH-SPANISH AND ELA - NOVELS IN BOTH SUBJECTS AND THEY ARE TAUGHT DAILY. HAVING STUDENT ADOPT A NEW LANGUAGE, DOUBLE DOSING STANDARDS AND PROVIDING SUPPLEMENTAL RESOURCES TO ENSURE MASTERY-IMPLEMENTATION OF NOVELS ACROSS ALL CORE AREAS IN BOTH SPANISH AND ENGLISH UTILIZED AS CLASSROOM LIBRARIES AND CORE INSTRUCTIONAL MATERIALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin D Pitts Principal | 40 | $127,074 | |
Lou Lofranco Secretary | OfficerTrustee | 5 | $0 |
Luis Necuze Chair | OfficerTrustee | 5 | $0 |
Dipa Shah Treasurer | OfficerTrustee | 5 | $0 |
Yeneir Rodriguez-Padron Director | Trustee | 5 | $0 |
Connie Arnold Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $399,975 |
| 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 | $399,975 |
| Total Program Service Revenue | $13,273,868 |
| 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 | $14,708,273 |
| 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 | $5,675,231 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $467,761 |
| Payroll taxes | $425,245 |
| Fees for services: Management | $1,178,761 |
| 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 | $631,884 |
| Advertising and promotion | $0 |
| Office expenses | $440,727 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,304,496 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,523 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $228,709 |
| Insurance | $96,547 |
| All other expenses | $0 |
| Total functional expenses | $12,757,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,374,449 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,193 |
| 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 | $366,643 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $231,103 |
| Total assets | $4,019,388 |
| Accounts payable and accrued expenses | $611,407 |
| 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 | $236,355 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,000 |
| Total liabilities | $855,762 |
| Net assets without donor restrictions | $3,163,626 |
| 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 | $4,019,388 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridge Prep Academy Of Tampa Inc has recieved totaling $39.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Fight Action Inc Atlanta, GA | $4,976,834 | $29,928,008 |
Plato Academy Schools Corporation Clearwater, FL | $134,350,424 | $31,890,679 |
Early Learning Coalition Of Northwest Florida Inc Marianna, FL | $3,346,474 | $28,789,946 |
Early Learning Coalition Of Osceola County Inc Kissimmee, FL | $3,012,946 | $27,905,401 |
Faculty Associates Incorporated Gainesville, FL | $18,354,841 | $24,140,038 |
Landmark Christian School Fairburn, GA | $28,586,929 | $25,037,540 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |
Tree Of Knowledge Learning Academy Inc Miami Beach, FL | $8,101,415 | $14,538,092 |
Bridge Prep Academy Of Tampa Inc Miami, FL | $4,019,388 | $14,708,273 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Centennial Place Academy Inc Atlanta, GA | $7,663,078 | $14,548,051 |