The Bridge Golf Foundation Inc
- Assets
- $2.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 19
- Location
- New York, NY
- Founding
- 12/2015
- Data as of
- 08/2021
- EIN
- 47-3020315
Organization Overview
The Bridge Golf Foundation Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 08/2021, Bridge Golf Foundation Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Golf Foundation 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 08/2021, Bridge Golf Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.3% each year . All expenses for the organization totaled $1.1m during the year ending 08/2021. 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
THE BRIDGE GOLF FOUNDATION IS A NON-PROFIT ORGANIZATION WITH A MISSION TO USE THE GAME OF GOLF TO IMPROVE LIFE OUTCOMES FOR YOUNG MEN OF COLOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRIDGE GOLF FOUNDATION IS A SPORTS-BASED YOUTH DEVELOPMENT PROGRAM BASED IN HARLEM AND CENTERED AROUND GOLF. UNDERSERVED YOUNG MEN OF COLOR GRADES 8 THROUGH 12 ATTEND DAILY AFTER SCHOOL SESSIONS WHICH COMBINE ACADEMIC SUPPORT AND CHARACTER EDUCATION WITH INDOOR GOLF ON SIMULATORS AND REGULAR VISITS TO AREA GOLF COURSES. BGF ALSO RUNS A SUMMER INTERNSHIP PROGRAM AT THE BRIDGE, A GOLF COURSE ON LONG ISLAND.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael S Sweeney Board Member & Dir Of Golf | Officer | 40 | $94,944 |
Robert M Rubin Chairman And Co-Founder | OfficerTrustee | 1 | $0 |
Tobias Stern Secretary | OfficerTrustee | 1 | $0 |
Richard J Bronstein Treasurer | OfficerTrustee | 1 | $0 |
Stephane Samuel Co-Executive Director | OfficerTrustee | 1 | $0 |
Frank Gallipoli Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,677 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,332,191 |
| Noncash contributions included in lines 1a–1f | $31,406 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,413,868 |
| Total Program Service Revenue | $0 |
| 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 | $1,413,868 |
| 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. | $94,944 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $33,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $70,974 |
| Information technology | $14,857 |
| Royalties | $0 |
| Occupancy | $91,798 |
| Travel | $65,607 |
| 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 | $125,287 |
| Insurance | $11,077 |
| All other expenses | $0 |
| Total functional expenses | $1,088,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,630 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $154,869 |
| 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 | $7,099 |
| Net Land, buildings, and equipment | $1,436,299 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $246,951 |
| Total assets | $2,107,848 |
| Accounts payable and accrued expenses | $309,901 |
| 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 | $162,667 |
| Total liabilities | $472,568 |
| Net assets without donor restrictions | $1,635,280 |
| 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 | $2,107,848 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that The Bridge Golf Foundation Inc has recieved totaling $675,115.
| Awarding Organization | Amount |
|---|---|
Timothy And Michele Barakett Foundation New York, NY PURPOSE: DONATION TO A GOLF AND EDUCATION PROGRAM FOR YOUNG MEN OF COLOR | $100,000 |
The Heckscher Foundation For Children New York, NY PURPOSE: WELFARE OF CHILDREN | $100,000 |
Leslie L Alexander Foundation Delray Beach, FL PURPOSE: HUMANITARIAN CHARITY | $100,000 |
Martin S Kimmel Foundation New York, NY PURPOSE: GEBERAL USE | $50,000 |
Seaman Family Foundation Inc Seffner, FL PURPOSE: TO USE GOLF TO IMPROVE LIFE OUTCOMES FOR YOUNG MEN OF COLOR. | $50,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |