Bridge Ministries Inc
- Assets
- $139.7k
- Revenue
- $269.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Birmingham, AL
- Founding
- 04/1991
- Data as of
- 12/2020
- EIN
- 58-1927997
Organization Overview
Bridge Ministries Inc is located in Birmingham, AL. The organization was established in 1991. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2020, Bridge Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Ministries 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 12/2020, Bridge Ministries Inc generated $269.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $288.2k during the year ending 12/2020. While expenses have increased by 9.0% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EMERGENCY ASSISTANCE TO LOW-INCOME INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY ASSISTANCE PROGRAM DESIGNED TO PROVIDE FINANCIAL ASSISTANCE, FOOD, CLOTHING,SHELTER, AND MEDICINE TO LOW-INCOME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Lynn Bates President | OfficerTrustee | $0 | |
Jack Smith Treasurer | OfficerTrustee | $0 | |
Jessica York Vice Preside | OfficerTrustee | $0 | |
Deborah Fisher Secretary | OfficerTrustee | $0 | |
Robert Gower Board Member | Trustee | $0 | |
Glenn Reado Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $129,356 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,263 |
| Noncash contributions included in lines 1a–1f | $22,503 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $269,619 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| 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 | $269,639 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $154,320 |
| 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 | $0 |
| Other salaries and wages | $81,724 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,033 |
| Payroll taxes | $6,579 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137 |
| Advertising and promotion | $78 |
| Office expenses | $2,856 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,412 |
| Travel | $224 |
| 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 | $0 |
| Insurance | $2,875 |
| All other expenses | $0 |
| Total functional expenses | $288,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,875 |
| Savings and temporary cash investments | $35,280 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $575 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $139,730 |
| Accounts payable and accrued expenses | $1,461 |
| 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 | $11,517 |
| Total liabilities | $12,978 |
| Net assets without donor restrictions | $126,752 |
| 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 | $139,730 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridge Ministries Inc has recieved totaling $7,750.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $7,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marcus Jewish Community Center Of Atlanta Inc Dunwoody, GA | $54,487,742 | $25,270,095 |
Jewish Community Centers Of South Broward Inc Davie, FL | $12,657,213 | $12,586,061 |
Memphis Jewish Community Center Memphis, TN | $30,405,033 | $7,860,258 |
The Foundry Ministries Inc Bessemer, AL | $6,292,436 | $8,931,425 |
Adolph And Rose Levis Jewish Community Center Inc Boca Raton, FL | $8,678,935 | $9,704,813 |
Cornerstone Schools Of Alabama Inc Birmingham, AL | $11,890,966 | $6,756,553 |
Dave And Mary Alper Jewish Miami, FL | $9,662,042 | $4,603,433 |
Miami Beach Jewish Community Center Inc Miami Beach, FL | $18,625,446 | $4,829,560 |
Samuel M And Helen E Soref Jewish Community Center Inc Plantation, FL | $5,065,772 | $4,458,636 |
Neighborhood Center Of West Volusia Inc Deland, FL | $3,000,999 | $4,092,130 |
The Cooperative Downtown Ministries Incorporated Birmingham, AL | $9,100,577 | $3,578,316 |
The Palm Beach Jewish Community Campus Corporation West Palm Beach, FL | $9,047,607 | $2,755,008 |