Bridge Prep Academy Of Tampa Inc
- Assets
- $29.2m
- Revenue
- $13.8m
- Investments
- $0.0
- Employees
- 258
- Location
- Miami, FL
- Founding
- 09/2014
- Data as of
- 06/2022
- 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 06/2022, Bridge Prep Academy Of Tampa Inc employed 258 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 06/2022, Bridge Prep Academy Of Tampa Inc generated $13.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $16.0m during the year ending 06/2022. While expenses have increased by 36.0% 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
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
TAMPA, HAS BEEN ABLE TO ACHIEVE THE FOLLOWING PROGRAMS WITH SUCCESS:-INFUSION OF SCIENCE WITH VIRTUAL LEARNING KIDS IN 5TH GRADE AND MIDDLE SCHOOL.-UTILIZING THE PROGRAM ACHIEVE 3000 FOR ENRICHMENT IN SPANISH, WRITING AND ELA.-BRIDGEPREP TAMPA HAS UTILIZED CARNEGIE AND HAS REACHED A MASTERY LEVEL OF 88% IN ALGEBRA-IMPLEMENTATION OF LUCY CAULKINS HAS BEEN INSTRUMENTAL IN IMPROVING WRITING ACROSS ALL CORE AREAS-IMPLEMENTATION OF MASTERY CONNECT, TO SUPPORT IN ADMINISTERING OF DATA/ASSESSMENTS -BRIDGEPREP TAMPA HAS IMPLEMENTED MULTIPLE TECHNOLOGICAL PROGRAMS, STRATEGIES, AS WELL AS PROFESSIONAL DEVELOPMENT FOR THEIR TEACHERS AND STAFF WHILE UTILIZING STATE-OF-THE-ART MOBILE CARTS WITH COMPUTERS AS WELL AS A COMPUTER LAB AND IPADS IN THE CLASSROOMS.BRIDGEPREP ACADEMY OF RIVERVIEW HAS BEEN ABLE TO ACHIEVE THE FOLLOWING WITH SUCCESS: -UTILIZING ACHIEVE 3000 FOR ELA AND SPANISH COMPREHENSION FOR GRADES 3-8TH -UTILIZING EASYCBM FOR DATA USE IN THE MTSS PROCESS-TEACHERS HAVE INFUSED SCIENCE WITH VISUAL LEARNING KIDS VIDEOS AND ACTIVITIES WITHIN 5TH AND 8TH GRADE -IMPLEMENTING MASTERY CONNECT TO COLLECT AND ANALYZING DATA FOR STUDENT GROWTH AND STANDARD MASTERY -UTILIZING ICIVICS TO SUPPORT STUDENTS IN MASTERING CIVICS STANDARDS -IMPLEMENTED ISTATION TO SUPPORT AND IMPROVE READING AND MATH SKILLS WITHIN KINDERGARTEN THROUGH 8TH GRADE -IMPLEMENTING CARNEGIE IN MIDDLE SCHOOL FOR MATH ENRICHMENT -BRIDGEPREP ACADEMY OF RIVERVIEW HAS IMPLEMENTED MULTIPLE TECHNOLOGICAL PROGRAMS, STRATEGIES, AND PROFESSIONAL DEVELOPMENT FOR THEIR TEACHERS AND STAFF WHILE UTILIZING STATE OF THE ART MOBILE CARTS WITH COMPUTER, TABLETS, AND MULTIPLE COMPUTER LABS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luis Necuze Chair | OfficerTrustee | 5 | $0 |
Yeneir Rodriguez-Padron Director | Trustee | 5 | $0 |
Lou Lofranco Secretary | OfficerTrustee | 5 | $0 |
Dipa Shah Treasurer | OfficerTrustee | 5 | $0 |
Connie Arnold Director | Trustee | 5 | $0 |
Marvin D Pitts Principal | 40 | $131,148 |
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 | $13,726,622 |
| 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 | $13,788,952 |
| 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 | $6,364,547 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $213,589 |
| Payroll taxes | $509,164 |
| Fees for services: Management | $1,085,004 |
| 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 | $651,146 |
| Advertising and promotion | $0 |
| Office expenses | $1,617,142 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $388,084 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,463,338 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,562,438 |
| Insurance | $13,586 |
| All other expenses | $0 |
| Total functional expenses | $16,024,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,808,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $977,134 |
| 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 | $628,574 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,811,417 |
| Total assets | $29,226,069 |
| Accounts payable and accrued expenses | $912,042 |
| 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 | $274,788 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,111,523 |
| Total liabilities | $28,298,353 |
| Net assets without donor restrictions | $927,716 |
| 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 | $29,226,069 |