Bridge Of Hope Ministries
- Assets
- $212.4k
- Revenue
- $316.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Saint Louis, MO
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 81-3589216
Organization Overview
Bridge Of Hope Ministries, operating under the name Bridge of Hope Ministries, is located in Saint Louis, MO. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Bridge of Hope Ministries employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge of Hope Ministries 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 of Hope Ministries generated $316.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $200.3k during the year ending 12/2023. 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
AS A FAITH-BASED ORGANIZATION, WE BELIEVE OUR MISSION IS TO SHARE GOD'S LOVE FOR ALL UNHOUSED OR HOUSING INSECURE INDIVIDUALS REGARDLESS OF AGE, GENDER, RACE, SEXUAL ORIENTATION, SOCIOECONOMIC STATUS, OR FAITH TRADITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ACCESS TO SUPPORTIVE SERVICES AND ADVOCACY, BRIDGE OF HOPE MINISTRIES (BOH) TRANSFORMS LIVES IN THE VILLE/GREATER VILLE COMMUNITY OF NORTH ST. LOUIS CITY THROUGH THE BRIDGE PROGRAM. THE BRIDGE PROGRAM IS AN INCLUSIVE, LOW-BARRIER DROP-IN SUPPORT CENTER WHERE ADULTS FIND SAFETY, SPIRITUAL CARE AND ASSISTANCE WITH IMMEDIATE NEEDS E.G. SHOWERS, LAUNDRY, FOOD AND CLOTHING. THE BRIDGE PROGRAM HELPS TO REDUCE RACIAL DISPARITIES BY FACILITATING ACCESS TO HOUSING AND REDUCING BARRIERS TO SPECIALIZED SUPPORTIVE SERVICES. ITS WRAP-AROUND CASE MANAGEMENT PROGRAM CONNECTS INDIVIDUALS TO SUBSTANCE ABUSE TREATMENT, MEDICAL AND BEHAVIORAL HEALTH CARE, JOB AND EDUCATIONAL PROGRAMS AND LEGAL SERVICES. FOR 2023, THROUGH THE BRIDGE PROGRAM, 30 INDIVIDUALS AGREED TO A CARE PLAN TO SECURE IDS, EMPLOYMENT AND HOUSING; 5 INDIVIDUALS COMPLETED 90-DAY TREATMENT PROGRAM FOR SUBSTANCE ABUSE; AND 2 INDIVIDUALS RECEIVED AND MAINTAINED FULL TIME PERMANENT EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelli Braggs Executive Director | Officer | 40 | $25,385 |
Debra Wiens Board Chair | OfficerTrustee | 35 | $0 |
Bob Schmalz Board Treasurer | OfficerTrustee | 1 | $0 |
Kelley Weber Board Secretary | OfficerTrustee | 1 | $0 |
Mary Elliott Board Member | Trustee | 1 | $0 |
Maripat Gatter Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $291,396 |
| Noncash contributions included in lines 1a–1f | $17,235 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $316,396 |
| Total Program Service Revenue | $0 |
| Investment income | $130 |
| 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 | $316,526 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $885 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,000 |
| Compensation of current officers, directors, key employees. | $3,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,720 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,061 |
| Advertising and promotion | $0 |
| Office expenses | $2,247 |
| Information technology | $4,807 |
| Royalties | $0 |
| Occupancy | $52,245 |
| Travel | $2,724 |
| 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 | $6,363 |
| All other expenses | $453 |
| Total functional expenses | $200,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,363 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $10,040 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $212,403 |
| Accounts payable and accrued expenses | $4,310 |
| 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 | $0 |
| Total liabilities | $4,310 |
| Net assets without donor restrictions | $60,593 |
| Net assets with donor restrictions | $147,500 |
| 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 | $212,403 |