Bridge Of Hope Inc
- Assets
- $492.7k
- Revenue
- $418.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Harrisonburg, VA
- Founding
- 00/0000
- Data as of
- 03/2022
- EIN
- 90-0451234
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 03/2022, Bridge Of Hope Inc employed 5 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 03/2022, Bridge Of Hope Inc generated $418.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $127.0k during the year ending 03/2022. While expenses have increased by 13.8% per year over the past 7 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
2022
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
WE WORKED WITH 7 FAMILIES, CONSISTING OF MOTHERS AND DEPENDENT CHILDREN TO ATTAIN SAFE AND PERMANENT HOUSING, FINANCIAL STABILITY THROUGH EMPLOYMENT, BUDGETING, WORKING TOWARDS PERSONAL GOALS, AND BUILDING RELATIONSHIPS WITH NEIGHBORING VOLUNTEERS. THIS WAS ACHIEVED WITH THE HELP OF STAFF TRAINED UNDER BRIDGE OF HOPE'S NEIGHBORHOOD RESOURCE SPECIALIST CASE MANAGER TRAINING. NEW NEIGHBORING VOLUNTEER GROUPS FROM LOCAL CHURCHES UNDERWENT THE STRANGERS TO NEIGHBORS TRAINING AS WELL AS A CULTURAL HUMILITY/ANTI-RACISM TRAINING. WE IMPLEMENTED A MORE EXTENSIVE BACKGROUND CHECK PROCESS FOR ALL NEIGHBORING VOLUNTEERS. WE CARRIED OUT ORGANIZATION-WIDE PLANNED EVENTS FOR FAMILIES, CHILDREN, NEIGHBORING VOLUNTEERS, BOARD AND STAFF TO BUILD RELATIONSHIPS, LEARN NEW SKILLS, AND CELEBRATE LIFE THROUGHOUT THE ENTIRE YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christi Seidel Executive Director | Officer | 20 | $28,954 |
Wanda Hamilton Chair | OfficerTrustee | 10 | $0 |
Audrey Myers Vice Chair | OfficerTrustee | 2 | $0 |
Malachi Bontrager Treasurer | OfficerTrustee | 10 | $0 |
Ronda Rittenhouse Secretary | OfficerTrustee | 2 | $0 |
Mark Metzler Swain Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,359 |
| Related organizations | $0 |
| Government grants | $750 |
| All other contributions, gifts, grants, and similar amounts not included above | $357,721 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,830 |
| Total Program Service Revenue | $0 |
| Investment income | $1,614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,116 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $418,560 |
| 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. | $31,170 |
| Compensation of current officers, directors, key employees. | $12,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,423 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,403 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,803 |
| Information technology | $17 |
| Royalties | $0 |
| Occupancy | $5,600 |
| Travel | $1,307 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,767 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,695 |
| All other expenses | $1,293 |
| Total functional expenses | $127,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,407 |
| Savings and temporary cash investments | $351,283 |
| 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 | $492,690 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $492,690 |
| 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 | $492,690 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridge Of Hope Inc has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Karis Project Weyers Cave, VA PURPOSE: EMERGENCY ASSISTANCE | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Democracy Fund Inc Washington, DC | $93,636,268 | $59,747,292 |
Interchurch Medical Assistance Inc Washington, DC | $35,417,903 | $56,104,166 |
Mag America Inc Washington, DC | $11,970,594 | $53,429,692 |
Friends Of The World Food Program Inc Washington, DC | $25,343,754 | $59,828,688 |
Catholic Charities Of The Archdiocese Of Washington Inc Washington, DC | $69,271,644 | $52,757,033 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
City First Enterprises Inc Washington, DC | $50,642,589 | $41,161,285 |
United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |