Bridges From School To Work Inc
- Assets
- $12.1m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 01/1990
- Data as of
- 12/2023
- EIN
- 52-1655740
Organization Overview
Bridges From School To Work Inc is located in Bethesda, MD. The organization was established in 1990. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridges From School To Work 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 12/2023, Bridges From School To Work Inc generated $11.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $10.3m during the year ending 12/2023. While expenses have increased by 4.7% 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 TRANSFORM THE LIVES OF YOUNG ADULTS WITH DISABILITIES THROUGH THE POWER OF A JOB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED IN 1989 BY THE FAMILY OF J. WILLARD AND ALICE S. MARRIOTT, BRIDGES FROM SCHOOL TO WORK COLLABORATES WITH LOCAL SCHOOL DISTRICTS AND VOCATIONAL REHABILITATION AGENCIES TO RECRUIT AND ENROLL PROGRAM PARTICIPANTS AGED 17 TO 24, ALL WHO RECEIVE A COMPREHENSIVE ARRAY OF WORKFORCE DEVELOPMENT SERVICES, INCLUDING ASSESSMENT, EMPLOYABLITY SKILLS INSTRUCTION, MENTORING, JOB SEARCH, CAREER COUNSELING, AND APPLICATION AND RESUME ASSISTANCE. SERVICES AIM TO CULMINATE IN JOB PLACEMENT AND 12 MONTHS OF POST-HIRE FOLLOW-UP. SINCE INCEPTION, BRIDGES FROM SCHOOL TO WORK HAS CONNECTED OVER 21,000 YOUNG ADULTS WITH DISABILITIES TO COMPETITIVE, INTEGRATED JOBS WITH MORE THAN 5,200 EMPLOYERS, LARGE AND SMALL, ACROSS A WIDE RANGE OF INDUSTRIES. ON AVERAGE, 80% OF PARTICIPANTS OBTAIN JOBS AND 80% RETAIN JOBS FOR AT LEAST 90 DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marriott International Inc Management Services | 12/30/23 | $1,294,849 |
The Orr Group Development & Fundraising | 12/30/23 | $473,814 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,190,338 |
| Related organizations | $0 |
| Government grants | $2,047,605 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,143,712 |
| Noncash contributions included in lines 1a–1f | $4,015,949 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,381,655 |
| Total Program Service Revenue | $0 |
| Investment income | $152,087 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $104,954 |
| Net Income from Fundraising Events | -$536,406 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,181,880 |
| 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. | $908,941 |
| Compensation of current officers, directors, key employees. | $626,749 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,953,967 |
| Pension plan accruals and contributions | $79,859 |
| Other employee benefits | $685,019 |
| Payroll taxes | $477,306 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $80,654 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $473,814 |
| Fees for services: Investment Management | $19,548 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $70,258 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $484,569 |
| Travel | $130,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,085 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $45,901 |
| All other expenses | $170,575 |
| Total functional expenses | $10,303,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,609,531 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,936,993 |
| 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 | $457,325 |
| Net Land, buildings, and equipment | $35,200 |
| Investments—publicly traded securities | $5,010,908 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $64,166 |
| Total assets | $12,114,123 |
| Accounts payable and accrued expenses | $1,044,467 |
| 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 | $209,675 |
| Total liabilities | $1,254,142 |
| Net assets without donor restrictions | $10,409,981 |
| Net assets with donor restrictions | $450,000 |
| 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 | $12,114,123 |