Living Bridges Ministry Corporation
- Assets
- $676.2k
- Revenue
- $614.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Valdosta, GA
- Founding
- 11/2014
- Data as of
- 12/2022
- EIN
- 46-5757436
Organization Overview
Living Bridges Ministry Corporation is located in Valdosta, GA. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Living Bridges Ministry Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Bridges Ministry Corporation 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, Living Bridges Ministry Corporation generated $614.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 59.7% each year . All expenses for the organization totaled $344.3k during the year ending 12/2022. While expenses have increased by 54.2% per year over the past 4 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
EMPOWERING INDIVIDUALS WHILE SERVING OUR COMMUNITY IN FAITH BY BRIDGING THE GAP BETWEEN POVERTY & PROSPERITY THROUGH TRANSFORMATIVE EDUCATION & CONNECTION TO RESOURCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROCERY PROGRAM: THE DRIVE THRU GROCERY PROGRAM THAT WAS SET UP IN 2020 WAS CONTINUED THROUGH MARCH 2021. AT THAT POINT A GROCERY BAG PROGRAM ONCE A MONTH WAS SET UP TO GIVE BAGS OF GROCERIES OUT . IN ADDITION A BONUS GROCERY PROGRAM WAS SET UP. INVIDUALS TAKE CLASSES OR VOLUNTEER AND THEN CAN RECEIVE GROCERIES. THESE GROCERIES CONSIST OF MEAT AND MILK IN ADDITION TO BASIC STAPLES . IN SEPTEMBER OF 2022 THIS WAS CHANGED TO GIFT CARDS TO THOSE WHO EARN THE BONUS GROCERIES. INDIVIDUALS STILL TAKE CLASSES OR VOLUNTEER TO EARN THE RIGHT TO GET THE GIFT CARDS. THE GIFT CARDS ARE FOR A LOCAL GROCERY STORE AND CAN ONLY BE USED TO PURCHASE GROCERIES.
CLOTHES CLOSET TO GIVE CLOTHES OUT TO COMMUNITYCOMMUNITY GARDEN : GROWING VEGETABLES TO TEACH HEALTHY EATING KIDS CONNECTION: READING AND BIBLE LESSONS ALONG WITH CRAFTS FOR KIDSBIBLE STUDIES FOR ADULTSMOM CONNECTION: RESOURCES AND CLASSES FOR MOTHERSEASTER EGG HUNT FOR CHILDRENBIRTHDAY PARTY FOR JESUS TO DISTRIBUTE TOYS AND CLOTHING TO KIDSFALL FESTIVAL FOR KIDS
TRANSFORMATION /EDUCATION: THESE ARE VARIOUS CLASSES SET UP AT THE LIVING BRIDGES CENTER TO TEACH AND EDUCATE INDIVIDUALS. THE GOAL IS TO HELP PEOPLE OUT OF POVERTY INTO A PRODUCTIVE MEMBER OF SOCIETY. MANY PROGRAMS ARE ONE OR TWO CLASSES BUT SOME SUCH AS THE "TRANSFORMATION " PROGRAM WORKS WITH INDIVIDUALS WEEKLY FOR A PERIOD OF 12-18 MONTHS TO ASSIST PEOPLE TO CHANGE THEIR LIVES AND OBTAIN JOBS ( OR A BETTER JOB) STABLE HOUSING ETC.
DONATIONS RECEIVED FROM WALMART , THESE ITEMS ARE RETURNED, DAMAGED OR NOT ABLE TO BE SOLD. A PORTION OF THESE ARE USED BY THE ORGANIZATION ( PAPER PRODUCTS, CLEANING SUPPLIES, OFFICE SUPPLIES). A LARGE NUMBER OF THESE ARE GIVEN TO OUR CLIENTS ( CLOTHING, HOUSEHOLD ITEMS, SCHOOL SUPPLIES, HYGENIE ITEMS) A PORTION OF THESE ARE SHARED IN THE COMMUNITY WITH OTHER NON PROFITS IN THE AREA AND LOCAL SCHOOL SYSTEMS. DONATIONS OF USED CLOTHING RECEIVED FROM INDIVIDUALS AND DISTRIBUTED OUT IN THE COMMUNITY. LEFT OVER FOOD FROM CHICK FILA PICKED UP ON SATURDAY NIGHTS AND GIVEN OUT TO CLIENTS .LEFT OVER BREAD FROM PANERA PICKED UP AND DISTRIBUTED TO CLIENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Gunter President | OfficerTrustee | 15 | $0 |
Darcy Gunter Director Of Audult & Child | Trustee | 48 | $3,618 |
Maureen Collins Director Of Business Admi | OfficerTrustee | 10 | $0 |
Lynnel Paz Secretary | OfficerTrustee | 10 | $0 |
Mike Mobley Director Of Spiritural Dev | Trustee | 10 | $0 |
Zachery Mansell Voting Board Member | Trustee | 10 | $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 | $614,801 |
| Noncash contributions included in lines 1a–1f | $262,264 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $614,801 |
| Total Program Service Revenue | $0 |
| Investment income | $39 |
| 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 | $614,840 |
| 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 | $14,367 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $100 |
| Payroll taxes | $1,624 |
| 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 | $0 |
| Advertising and promotion | $2,066 |
| Office expenses | $5,340 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,794 |
| 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 | $5,167 |
| Insurance | $1,016 |
| All other expenses | $19,129 |
| Total functional expenses | $344,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,540 |
| Savings and temporary cash investments | $78,019 |
| 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 | $464,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $102,688 |
| Total assets | $676,230 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,389 |
| Total liabilities | $1,389 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $670,872 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,969 |
| Total liabilities and net assets/fund balances | $676,230 |