Bridge The Gap Inc
- Assets
- $169.0k
- Revenue
- $123.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Kensington, MD
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-5419712
Organization Overview
Bridge The Gap Inc is located in Kensington, MD. The organization was established in 2014. 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. Bridge The Gap 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, Bridge The Gap Inc generated $123.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $195.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bridge The Gap Inc has awarded 136 individual grants totaling $754,533. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR FOUNDATION PURCHASES INSPECTS & REPAIRS AS NEEDED USED CARS WHICH ARE THEN DISTRIBUTED TO PERSONS AND FAMILIES NEEDING THEM FOR GETTING TO WORK OR FOR FINDING WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Johnson President | 8 | $0 | |
Lynn Johnson Vice President | 2 | $0 | |
Janet Camillo Secretary | 1 | $0 | |
Bradley Holst Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $121,154 |
| Interest on Savings | $2,178 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $123,332 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $171 |
| Contributions, gifts, grants paid | $195,345 |
| Total expenses and disbursements | $195,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,734 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $2,217 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $168,951 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bridge The Gap Inc has awarded $195,345 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
CCI HEALTH WELLNESS PURPOSE: FOR THEIR FREE MEDICINE PROJECT | $24,000 |
BARNESVILLE DAYCARE CENTER PURPOSE: TO ASSIST NEEDY PARENTS | $12,000 |
NOURISHING BETHESDA PURPOSE: TO PURCHASE FOOD TO GIVE AWAY | $12,000 |
ELLEN LEE PURPOSE: ASSIST WITH MEDICAL EXPENSES | $12,000 |
Leonard, ND PURPOSE: FOR THEIR BENEVOLENT PROGRAM | $12,000 |
KADIJA ENDRIS PURPOSE: ASSIST WITH LIVING EXPENSES | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Donald B And Dorothy L Stabler Foundation Harrisburg, PA | $483,040,822 | $63,822,611 |
International Planned Parenthood Federation - Worldwide Inc Washington, DC | $12,892,390 | $8,172,775 |
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
International Initiative For Impact Evaluation Inc Washington, DC | $36,732,624 | $4,478,166 |
Washington Lawyers Committee For Civil Rights & Urban Affairs Washington, DC | $6,938,100 | $7,098,758 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
Rubin Family Foundation Bensalem, PA | $4,953,491 | $893,762 |
Ruth And Jo Stone Foundation Wilmington, DE | $38,423,105 | $10,158,893 |
Westmoreland Cultural Trust Greensburg, PA | $14,583,491 | $2,146,840 |
Tudor Place Foundation Inc Washington, DC | $3,166,856 | $2,256,203 |
The Beirne Carter Foundation Richmond, VA | $25,189,504 | $3,003,577 |
Homes For Hope Lancaster, PA | $4,138,617 | $1,481,409 |