Bridge Builders Foundation Inc
- Assets
- $2.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 2
- Location
- Los Angeles, CA
- Founding
- 06/1999
- Data as of
- 10/2022
- EIN
- 33-0846590
Organization Overview
Bridge Builders Foundation Inc is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 10/2022, Bridge Builders Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Builders Foundation 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 10/2022, Bridge Builders Foundation Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $1.2m during the year ending 10/2022. While expenses have increased by 22.7% 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
THE FOUNDATION'S MISSION IS TO REMOVE THE BARRIERS OF RACE, POVERTY, IGNORANCE AND DESPAIR THROUGH MENTORING, EDUCATIONAL SUPPORT, HEALTHCARE AWARENESS AND COMMUNITY ENGAGEMENT FOR TARGETED YOUTH AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THRIVING UNDER THE INFLUENCE PROGRAM -EXPAND OPPORTUNITIES AND RESOURCE FOR PROGRAMS THAT KEEP YOUTH OUT OF CRIMINAL JUSTICE SYSTEM AND HELP THOSE IN THE SYSTEM SUCCESSFULLY TRANSITION BACK INTO THE COMMUNITY.
EE JUST YOUTH SCIENCE PROGRAM-EXPOSES MIDDLE SCHOL MINORITY YOUTH TO STEM DISCIPLINES AND CAREERS.
YOUTH MENTORING AND TUTORING PROGRAM-WEEKLY MENTORING AND TUTORING PROGRAM THAT PROVIDES STRUCTURED AND RECURRING CONTACT WITH ELEMENTARY, MIDDLE AND HIGH SCHOOL MINORITY YOUTH, WITH EMPHASIS ON EDUCATION, SOCIAL DEVELOPMENT, HEALTHCARE AWARENESS, AND POSITIVE CITIZENSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Breedlove President | OfficerTrustee | 2 | $0 |
Phillip Dunn Secretary | OfficerTrustee | 2 | $0 |
Reginald Gentry Treasurer | OfficerTrustee | 2 | $0 |
Melvin Jackson Jr Vice President | OfficerTrustee | 2 | $0 |
Charles Franklin Board Member | Trustee | 2 | $0 |
Thomas Dowdy Jr Board Member | 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 | $1,715,910 |
| Noncash contributions included in lines 1a–1f | $19,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,715,910 |
| Total Program Service Revenue | $0 |
| Investment income | $153 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,656 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,932,072 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,301 |
| Grants and other assistance to domestic individuals. | $90,393 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,754 |
| Fees for services: Accounting | $9,077 |
| 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 | $29,211 |
| Information technology | $26,585 |
| Royalties | $0 |
| Occupancy | $25,517 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,297 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,543 |
| All other expenses | $158,964 |
| Total functional expenses | $1,222,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,580,858 |
| Savings and temporary cash investments | $251,260 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $468,060 |
| 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 | $2,477 |
| 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 | $2,302,655 |
| Accounts payable and accrued expenses | $1,100 |
| 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 | $1,100 |
| Net assets without donor restrictions | $0 |
| 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 | $2,301,555 |
| Total liabilities and net assets/fund balances | $2,302,655 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Bridge Builders Foundation Inc has recieved totaling $240,760.
| Awarding Organization | Amount |
|---|---|
American Honda Foundation Torrance, CA PURPOSE: THIS IS ONE OF EIGHT NONPROFIT ORGANIZATIONS PROACTIVELY SOUGHT TO WORK COLLABORATIVELY TO ESTABLISH A STEM/STEAM CRADLE-TO-COLLEGE AND CAREER PIPELINE FOR YOUNG MEN OF COLOR IN LOS ANGELES COUNTY. PARTNERS PULL FROM EXISTING PARTNERSHIPS, BEST PRACTICES AND OTHER RESOURCES TO NOT ONLY MEET THE EDUCATIONAL NEEDS OF YOUNG MEN OF COLOR, BUT ALSO THEIR ECONOMIC AND SOCIAL-EMOTIONAL NEEDS, NURTURING THE WHOLE CHILD, WHILE LEADING THEM DOWN A MUCH NEEDED STEM/STEAM PIPELINE. THIS MARKS YEAR FIVE OF THIS LONG-TERM INITIATIVE. | $125,000 |
| $59,000 | |
Marathon Petroleum Foundation Inc Findlay, OH PURPOSE: ERNEST E JUST YOUTH SCIENCE PROGRAM | $30,000 |
| $16,500 | |
Sheila Dave And Sherry Gold Foundation Studio City, CA PURPOSE: TO REMOVE BARRIERS OF RACE, POVERTY, IGNORANCE, AND DESPAIR THROUGH MENTORING AND SUPPORT. | $6,000 |
Mufg Union Bank Foundation Ag Phoenix, AZ PURPOSE: CHARITABLE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |
Uc Hastings Foundation San Francisco, CA | $2,612,244 | $11,589,695 |
The Rogers Foundation Las Vegas, NV | $98,020,626 | $8,861,096 |
Flinn Foundation Phoenix, AZ | $285,130,665 | $13,331,134 |
La Promise Fund Los Angeles, CA | $8,970,074 | $12,859,195 |
Brophy Community Foundation Phoenix, AZ | $21,931,888 | $12,402,402 |
Society Of Hispanic Professional Engineers City Of Industry, CA | $8,652,087 | $11,894,639 |
Oakland Promise Oakland, CA | $69,217,814 | $17,084,213 |
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |