Bridge Of Hope Inc
- Assets
- $149.5k
- Revenue
- $217.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Souderton, PA
- Founding
- 12/2002
- Data as of
- 03/2022
- EIN
- 23-3034949
Organization Overview
Bridge Of Hope Inc is located in Souderton, PA. The organization was established in 2002. 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 $217.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $196.4k during the year ending 03/2022. While expenses have increased by 7.6% 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
PROVIDES ASSISTANCE TO SINGLE MOTHERS WITH DEPENDENT CHILDREN EXPERIENCING HOMELESSNESS OR AT-RISK OF HOMELESSNESS IN BUCKS AND MONTGOMERY COUNTIES IN PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ASSIST SINGLE MOTHERS WITH DEPENDENT CHILDREN FACING HOMELESSNESS IN BUCKS OR MONTGOMERY COUNTIES. WE SUPPORT WOMEN TO HELP SECURE AND MAINTAIN PERMANENT HOUSING BY PROVIDING: ONE-ON-ONE CASE MANAGEMENT, BUDGETING/FINANCING EDUCATION, GOAL PLANNING, CONNECTIONS TO SERVICES, RESOURCE DEVELOPMENT, LIFE SKILLS, PARENTING SUPPORT, NEIGHBORHOOD VOLUNTEER SUPPORT AND APPROPRIATE LEVEL OF FINANCIAL ASSISTANCE FOR SECURITY DEPOSITS AND/OR RENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Yothers Executive Di | Officer | 30 | $43,260 |
Alan Landis Chair '22 | OfficerTrustee | 2 | $0 |
Amy M Biemiller Chair '23/vi | OfficerTrustee | 1 | $0 |
Sherri Gill Secretary | OfficerTrustee | 1 | $0 |
Richard Miekley Director | Trustee | 1 | $0 |
Dawn Moore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,467 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,038 |
| Total Program Service Revenue | $0 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,391 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $217,452 |
| 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. | $43,259 |
| Compensation of current officers, directors, key employees. | $2,122 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,565 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,484 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,598 |
| Fees for services: Accounting | $4,750 |
| 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 | $16,658 |
| Information technology | $3,522 |
| Royalties | $0 |
| Occupancy | $10,200 |
| Travel | $0 |
| 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 | $1,000 |
| Depreciation, depletion, and amortization | $530 |
| Insurance | $4,931 |
| All other expenses | $0 |
| Total functional expenses | $196,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,406 |
| 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 | $6,771 |
| Net Land, buildings, and equipment | $6,709 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80 |
| Total assets | $149,516 |
| Accounts payable and accrued expenses | $11,922 |
| Grants payable | $0 |
| Deferred revenue | $16,325 |
| 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 | $28,247 |
| Net assets without donor restrictions | $79,426 |
| Net assets with donor restrictions | $41,843 |
| 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 | $149,516 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridge Of Hope Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
New Britain Charitable Foundation Inc Chalfont, PA PURPOSE: OPERATING SUPPORT | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |
Mary Haven Center Of Hope Port Jefferson, NY | $26,765,963 | $57,662,471 |