Bridge Of Hope Inc

Organization Overview

Bridge Of Hope Inc is located in Harrisonburg, VA. The organization was established in 0000. 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 03/2024, Bridge Of Hope Inc employed 8 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Bridge Of Hope 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 03/2024, Bridge Of Hope Inc generated $268.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $221.0k during the year ending 03/2024. While expenses have increased by 11.3% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE CHRISTIAN FAITH COMMUNITIES IN ENDING FAMILY HOMELESSNESS THROUGH NEIGHBORING RELATIONSHIPS THAT DEMONSTRATE CHRIST'S LOVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN THE 2023-24 FISCAL YEAR, BRIDGE OF HOPE HARRISONBURG-ROCKINGHAM SERVED 9 FAMILIES, COMPRISED OF 9 ADULTS AND 20 DEPENDENT CHILDREN. THIS INCLUDES BRINGING FIVE NEW FAMILIES INTO THE PROGRAM. FOUR FAMILIES GRADUATED THIS YEAR, HAVING SPENT AN AVERAGE OF 19 MONTHS IN THE PROGRAM. 100% OF THE 2023-24 GRADUATING FAMILIES WERE IN SAFE AND SUSTAINABLE HOUSING, 100% OF THE GRADUATING PARENTS WERE EMPLOYED, AND 75% OF THE EXITING FAMILIES HAD INCREASED INCOME. WE ENGAGED 56 NEIGHBORING VOLUNTEERS THIS YEAR, OF WHOM 27 WERE NEWLY-TRAINED.


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Board, Officers & Key Employees

Name (title)Compensation
Deirdre Longacher Smeltzer
Executive Director
$0
Victoria Jenson
Treasurer (beginning 1/1/24)
$0
Deborah Raynes
Chair
$0
Courtney Teague
Vice Chair
$0
Christi Seidel
Immediate Past Ed
$33,517
Jessica Harrison
Treasurer (through 12/31/23)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$41,835
Related organizations$0
Government grants $6,250
All other contributions, gifts, grants, and similar amounts not included above$169,174
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$217,259
Total Program Service Revenue$0
Investment income $25,221
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $26,220
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $268,700

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