Bridgeyear
- Assets
- $3.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 39
- Location
- Houston, TX
- Founding
- 07/2017
- Data as of
- 06/2024
- EIN
- 81-4848803
Organization Overview
Bridgeyear is located in Houston, TX. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2024, Bridgeyear employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgeyear 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 06/2024, Bridgeyear generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $2.4m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGEYEAR CONNECTS UNDERSERVED YOUTH TO CAREERS AND EDUCATIONAL PATHWAYS THAT PROVIDE ECONOMIC STABILITY AND INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREER TEST DRIVE: BRIDGEYEAR'S CAREER TEST DRIVE PROGRAM REIMAGINES CAREER EXPLORATION BY PROVIDING HANDS-ON SIMULATIONS IN DIFFERENT HIGH-GROWTH, HIGH-DEMAND CAREERS. OUR DYNAMIC EXPERIENCE ALLOWS STUDENTS TO EXPLORE INTERESTS AND SKILLS WHILE LEARNING ABOUT SUCCESSFUL CAREER PATHWAYS THAT REQUIRE LESS THAN A 4-YEAR DEGREE.
OUTREACH AND EDUCATION
MORE PATHWAYS: LAUNCHED IN FEBRUARY 2022, BRIDGEYEAR'S FREE PUBLIC DATABASE, MOREPATHWAYS.ORG, IS OPEN TO THE COMMUNITY. FEATURING CAREERS AND HOUSTON-AREA WORKFORCE TRAINING PROGRAMS THAT HAVE BEEN VETTED FOR AFFORDABILITY, EMPLOYMENT OUTCOMES, AND MISSION ALIGNMENT, MOREPATHWAYS.ORG IS A DIRECT AVENUE TO CONNECT INDIVIDUALS TO OPPORTUNITIES.
ADVISING: BRIDGEYEAR'S ADVISING PROGRAM PROVIDES STUDENTS PERSONALIZED SUPPORT TO INCREASE POSTSECONDARY PURSUIT. AS WE LEARN MORE ABOUT GEN Z, OUR ADVISING PROGRAM IS ADAPTING TO BE MORE PERSONALIZED AND ON-DEMAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryant Black President | OfficerTrustee | 3 | $0 |
Kate Fowler Vice President | OfficerTrustee | 3 | $0 |
Tony Duran Treasurer | OfficerTrustee | 3 | $0 |
Victoria Doan Secretary, Co-Founder | OfficerTrustee | 20 | $43,431 |
Dawn Hawley Past President, Founding Board Member | Trustee | 3 | $0 |
Susan Bailey-Newell Director | Trustee | 2 | $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 | $3,042,742 |
| Noncash contributions included in lines 1a–1f | $38,789 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,042,742 |
| Total Program Service Revenue | $152,700 |
| Investment income | $29,217 |
| 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 | $3,231,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $139,000 |
| 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. | $146,594 |
| Compensation of current officers, directors, key employees. | $17,611 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,294,427 |
| Pension plan accruals and contributions | $33,254 |
| Other employee benefits | $133,754 |
| Payroll taxes | $114,019 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,138 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,029 |
| Advertising and promotion | $101,960 |
| Office expenses | $50,072 |
| Information technology | $27,308 |
| Royalties | $0 |
| Occupancy | $68,108 |
| Travel | $37,739 |
| 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 | $7,202 |
| Insurance | $4,576 |
| All other expenses | $17,480 |
| Total functional expenses | $2,410,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $604,749 |
| Savings and temporary cash investments | $1,879,216 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $766,544 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,303 |
| Prepaid expenses and deferred charges | $11,248 |
| Net Land, buildings, and equipment | $600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,993 |
| Total assets | $3,291,653 |
| Accounts payable and accrued expenses | $77,496 |
| 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 | $9,549 |
| Total liabilities | $87,045 |
| Net assets without donor restrictions | $1,759,314 |
| Net assets with donor restrictions | $1,445,294 |
| 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 | $3,291,653 |