Bridge Refugee Services Inc
- Assets
- $1.1m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 51
- Location
- Knoxville, TN
- Founding
- 05/1983
- Data as of
- 12/2023
- EIN
- 58-1505955
Organization Overview
Bridge Refugee Services Inc is located in Knoxville, TN. The organization was established in 1983. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Bridge Refugee Services Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Refugee Services 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, Bridge Refugee Services Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $3.6m during the year ending 12/2023. While expenses have increased by 13.2% 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
OUR MISSION IS TO PROVIDE OPPORTUNITIES FOR REFUGEES TO REBUILD THEIR LIVES AFTER SUFFERING PERSECUTION, SO THAT THEY BECOME PRODUCTIVE, CONTRIBUTING MEMBERS OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WELCOMES REFUGEES AND SPECIAL IMMIGRANT VISA HOLDERS (SIV)UPON THEIR ARRIVAL IN EAST TENNESSEE AND FACILITATES THIER PATH TO ACCELERATED SELF-SUFFIENCY THROUGH CASE MANAGEMENT, PROVIDING BASIC NEEDS (FURNISHED HOUSING, FOOD, ACCESS TO HEALTHCARE), CULTURAL ORIENTATION, JOB READINESS AND PLACEMENT, SCHOOL ENROLLMENT, INCLUDING ENGLISH AS A SECOND LANGUAGE FOR ADULTS AND CONNECTING THEM TO COMMUNTITY OPPORTUNITIES OF GROWTH GIVING BACK TO THEIR NEW COMMUNITY. QUALIFYING ASYLEES BENEFIT FROM THE SAME PROGRAMS. IN 2023, BRIDGE SERVED 1,293 CLIENTS. THE NATIONALITIES FOR BOTH OFFICES COMBINED WERE AFGHANISTAN, BURMA, COLOMBIA, CUBA, DEMOCRATIC REPUBLIC OF CONGO, GUATEMALA, HAITI, KAZAKHSTAN, MOLDOVA, NICARAGUA, RUSSIA, SOUTH SUDAN, SUDAN, SYRIA, VENEZUELA AND UKRAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marina Peshterianu Interim Executive Director | Officer | 0 | $75,679 |
Noah Mcbrayer Jones Commun And Devel Director | Officer | 0 | $54,050 |
Elizabeth Farr Vice Chair | Trustee | 0 | $0 |
Kacey Swindell Board Member | Trustee | 1 | $0 |
Melissa Newton Board Member | Trustee | 0 | $0 |
Elizabeth Young Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,690,475 |
| All other contributions, gifts, grants, and similar amounts not included above | $620,733 |
| Noncash contributions included in lines 1a–1f | $214,183 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,311,208 |
| 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 | $3,311,208 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,312,006 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,729 |
| Compensation of current officers, directors, key employees. | $21,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,395,037 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68,380 |
| Payroll taxes | $114,135 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,000 |
| 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 | $64,875 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $128,437 |
| Travel | $51,843 |
| 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 | $42,798 |
| Insurance | $36,042 |
| All other expenses | $0 |
| Total functional expenses | $3,556,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $506,045 |
| Savings and temporary cash investments | $11,089 |
| Pledges and grants receivable | $431,971 |
| 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 | $14,356 |
| Net Land, buildings, and equipment | $183,125 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,367 |
| Total assets | $1,149,953 |
| Accounts payable and accrued expenses | $52,183 |
| Grants payable | $0 |
| Deferred revenue | $177,371 |
| 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 | $212,228 |
| Total liabilities | $441,782 |
| Net assets without donor restrictions | $602,778 |
| Net assets with donor restrictions | $105,393 |
| 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 | $1,149,953 |