Bridge Of Hope
- Assets
- $2.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 21
- Location
- Milford, DE
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-2122026
Organization Overview
Bridge Of Hope is located in Milford, DE. The organization was established in 2015. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Bridge Of Hope employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Of Hope 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 12/2023, Bridge Of Hope generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 18.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT AND STRENGTHEN THE COMMUNITY THROUGH THE OPERATION OF A NON-COMMERCIAL CHRISTIAN RADIO STATION BY PRODUCING AND BROADCASTING PROGRAMS FEATURING BIBLICAL TEACHING, PUBLIC AFFAIRS, AND RELIGIOUS MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A NON-COMMERCIAL CHRISTIAN RADIO STATIONS BROADCASTING ON MULTIPLE FREQUENCIES TO A POPULATION OF LISTENERS EXCEEDING 1,000,000 IN DELAWARE, MARYLAND, AND SOUTHERN NEW JERSEY.
SPONSOR EVENTS TO EDUCATE ATTENDEES ON CHRISTIAN ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William T Sammons Jr President | 40 | $143,295 | |
Jeffrey Twilley Vice Preside | Officer | 40 | $101,043 |
James Dorton Secretary | OfficerTrustee | 1 | $0 |
Zach Hayes Board Member | Trustee | 1 | $0 |
Heather Knoll Board Member | Trustee | 1 | $0 |
Joseph Kollock Board Member | Trustee | 1 | $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 | $1,804,938 |
| Noncash contributions included in lines 1a–1f | $36,029 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,804,938 |
| Total Program Service Revenue | $82,692 |
| Investment income | $23,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $51 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,915,777 |
| 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 | $144,998 |
| Other salaries and wages | $833,960 |
| Pension plan accruals and contributions | $24,149 |
| Other employee benefits | $5,488 |
| Payroll taxes | $75,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,905 |
| Fees for services: Accounting | $2,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,399 |
| Advertising and promotion | $107,564 |
| Office expenses | $52,375 |
| Information technology | $46,230 |
| Royalties | $0 |
| Occupancy | $240,961 |
| Travel | $8,227 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,787 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,630 |
| Insurance | $43,997 |
| All other expenses | $37,462 |
| Total functional expenses | $1,939,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,347 |
| Savings and temporary cash investments | $117,162 |
| 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 | $446,168 |
| Inventories for sale or use | $7,613 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $420,316 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $907,740 |
| Other assets | $4,750 |
| Total assets | $2,153,096 |
| 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 | $12,934 |
| Other liabilities | $0 |
| Total liabilities | $12,934 |
| Net assets without donor restrictions | $2,088,872 |
| Net assets with donor restrictions | $51,290 |
| 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 | $2,153,096 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Radio Vision Cristiana Inc Paterson, NJ | $2,920,140 | $3,313,436 |
Russian Broadcasting Network Inc Southampton, PA | $190,640 | $1,960,219 |
Bridge Of Hope Milford, DE | $2,153,096 | $1,915,777 |
Radio Vision Cristiana Management Paterson, NJ | $9,308,171 | $1,650,000 |
United Ministries Allentown, PA | $446,232 | $366,375 |
Lux Digital Church Saxonburg, PA | $183,230 | $0 |
Holy Family Radio Inc Lancaster, PA | $246,282 | $209,882 |
In His Sign Network Rosemont, PA | $147,652 | $147,166 |
One Heart Ministries New Cumberland, PA | $389,862 | $125,903 |
Cumberland Valley Christian Radio Inc Carlisle, PA | $302,596 | $0 |
Wfbg Radio Christmas Carol Foundation Hollidaysburg, PA | $651,664 | $60,187 |
The Midnight Cry Ministries Philadelphia, PA | $0 | $43,129 |
Splendor Of Truth Radio Inc Hancock, MD | $224 | $0 |
Mountaintop Evangelistic Ministry Inc Halethorpe, MD | $6,149 | $0 |