The Bridgepath
- Assets
- $235.5k
- Revenue
- $148.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Bacliff, TX
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-3601829
Organization Overview
The Bridgepath is located in Bacliff, TX. The organization was established in 2016. As of 12/2022, Bridgepath employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgepath 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, Bridgepath generated $148.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE EXPERT, COMPREHENSIVE AND FUNDAMENTAL PERSONAL FINANCIAL EDUCATION TO FAMILIES AND INDIVIDUALS, BY CREATING A COLLABORATIVE ENVIRONMENT WITH THE GOAL OF EMPOWERING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL EDUCATIONAL SERVICES TO COVER BUDGETING, BANKING, CREDIT, HOUSING AND SMALL BUSINESS DEVELOPMENT. THE TEACHING PROGRAM IS BASED ON CURRICULUM FROM THE FEDERAL RESERVE BANK AND THE FEDERAL DEPOSIT INSURANCE CORPORATION.
PROVIDE FINANCIAL EDUCATIONAL SERVICES TO COVER BUDGETING, BANKING, CREDIT, HOUSING AND SMALL BUSINESS DEVELOPMENT. THE TEACHING PROGRAM IS BASED ON CURRICULUM FROM THE FEDERAL RESERVE BANK AND THE FEDERAL DEPOSIT INSURANCE CORPORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodolfo Cavazos Jr President | 40 | $61,821 | |
Laurie Vignaud Board Of Dir | 1 | $0 | |
Rudy Reyes Board Of Dir | 1 | $0 | |
Irvin Ashford Jr Board Of Dir | 1 | $0 | |
Marina Perez Key Employee | 40 | $44,535 | |
Irvin Ashford Jr Board Of Dir | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,285 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,285 |
| Total Program Service Revenue | $0 |
| Investment income | $1,381 |
| 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 | $148,666 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,356 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,264 |
| Fees for services: Management | $7,795 |
| Fees for services: Legal | $750 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,696 |
| Advertising and promotion | $1,222 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,024 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $159,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,482 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $235,482 |
| Accounts payable and accrued expenses | $0 |
| 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 | $175,827 |
| Total liabilities | $175,827 |
| Net assets without donor restrictions | $59,655 |
| 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 | $235,482 |