African Bridge Network

Organization Overview

African Bridge Network is located in Newton, MA. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, African Bridge Network employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African Bridge Network 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, African Bridge Network generated $328.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $276.1k during the year ending 12/2022. While expenses have increased by 34.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CAREER DEVELOPMENT RESOURCES FOR SKILLED IMMIGRANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED PAID FELLOWSHIP FOR 16 IMMIGRANT PROFESSIONALS AND 15 OF THE FELLOWS HAVE FULL-TIME EMPLOYMENT. SOME OF THE FELLOWS' INCOMES HAVE INCREASED FROM $33,700 TO $70,000 WITHIN A YEAR.


PROVIDED POST-EMPLOYMENT CAREER DEVELOPMENT TO FOREIGN-BORN WORKFORCE


CAREER ADVISING SERVICES FOR SKILLED IMMIGRANTS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $95,887
All other contributions, gifts, grants, and similar amounts not included above$233,055
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$328,942
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 $328,942

Grants Recieved

Over the last fiscal year, we have identified 2 grants that African Bridge Network has recieved totaling $185,000.

Awarding OrganizationAmount
World Education Services Inc

New York, NY

PURPOSE: SIIP DEMO PARTICIPANT

$175,000
The Lenny Zakim Fund Inc

Boston, MA

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
View Grant Recipient Profile

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