College Bridge Cafe Inc
- Assets
- $146.8k
- Revenue
- $533.8k
- Investments
- $0.0
- Employees
- 9
- Location
- Bronx, NY
- Founding
- 05/2019
- Data as of
- 06/2023
- EIN
- 83-1864197
Organization Overview
College Bridge Cafe Inc is located in Bronx, NY. The organization was established in 2019. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2023, College Bridge Cafe Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Bridge Cafe 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 06/2023, College Bridge Cafe Inc generated $533.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $492.9k during the year ending 06/2023. While expenses have increased by 49.3% per year over the past 4 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
SUPPORT BRONX RESIDENTS THROUGH CAREER-ORIENTED EDUCATIONAL COUNSELING, MENTORING, AND REFERRAL SERVICES TO ACCESS COLLEGE AND OTHER POST-SECONDARY EDUCATION OPTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TALENT SEARCH - IN OUR FIFTH OPERATIONAL YEAR, COLLEGE BRIDGE CAFE HAS BROADENED ITS REACH, CATERING TO MORE THAN 1700 PARTICIPANTS ACROSS 10 PUBLIC SCHOOLS. ADDITIONALLY, OUR EXPANDING NETWORK OF PARTNERS EMPOWERS US TO EXTEND OUR IMPACT FURTHER BY PROVIDING CAREER-ORIENTED EDUCATIONAL COUNSELING,MENTORING, AND REFERRAL SERVICES. THIS ENABLES US TO CONNECT WITH A GROWING NUMBER OF YOUNG INDIVIDUALS AND ADULTS, FACILITATING THEIR ACCESS TO COLLEGE AND VARIOUS POST-SECONDARY EDUCATION OPPORTUNITIES. THROUGH OUR TRIO FEDERAL DEPARTMENT OF EDUCATION TALENT SEARCH GRANT, WE ARE SERVING 500 STUDENTS 4 BRONX PUBLIC SCHOOLS EXPANDING THEIR ACCESS TO HIGHER EDUCATION.
GEAR UP - IN THE CURRENT YEAR, WE RECEIVED A GRANT FROM NEW YORK STATE GEAR UP (GAINING EARLY AWARENESS AND READINESS FOR UNDERGRADUATE PROGRAMS) TO SUPPORT A COHORT OF 600 STUDENTS ACROSS FOUR MIDDLE SCHOOLS IN THE BRONX AND MANHATAN. OVER THE NEXT SIX YEARS, WE ARE COMMITED TO DELIVERING COLLEGE AND CAREER AWARENESS SERVICES, ACTIVITIES, WORKSHOPS, AND PROVIDING ENRICHING EXPERIENCES TO SUPPORT THESE STUDENTS UNTIL THEIR HIGH SCHOOL GRADUATION.
OTHER PROGRAM - VARIOUS SMALL PROGRAMS INCLUDING SUPPORT TO HIGH SCHOOL CONTEMPORARY ARTS TEACHING AND PROFESSIONS AND COLLEGE ADVISING WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Anthony President/treasurer | OfficerTrustee | 40 | $67,719 |
Isabel Pradas Chair/secretary | OfficerTrustee | 40 | $67,776 |
Danielle Robinson Board Member | Trustee | 1 | $0 |
Alfredo Angueria Board Member | Trustee | 1 | $0 |
Thomas Furnari Board Member | Trustee | 1 | $0 |
George Osorio Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $405,402 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $452,491 |
| Total Program Service Revenue | $79,960 |
| 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 | $533,826 |
| 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. | $138,906 |
| Compensation of current officers, directors, key employees. | $31,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,720 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34 |
| Payroll taxes | $26,057 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,149 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,237 |
| Advertising and promotion | $1,203 |
| Office expenses | $20,969 |
| Information technology | $19,626 |
| Royalties | $0 |
| Occupancy | $6,750 |
| Travel | $40,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,834 |
| Interest | $284 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,397 |
| All other expenses | $0 |
| Total functional expenses | $492,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,518 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $65,131 |
| Accounts receivable, net | $52,000 |
| 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 | $1,126 |
| Total assets | $146,775 |
| Accounts payable and accrued expenses | $14,653 |
| 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 | $24,648 |
| Total liabilities | $39,301 |
| Net assets without donor restrictions | $14,452 |
| Net assets with donor restrictions | $93,022 |
| 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 | $146,775 |