Bridge Networks
- Assets
- $105.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westland, MI
- Founding
- 07/2014
- Data as of
- 09/2023
- EIN
- 46-4191967
Organization Overview
Bridge Networks is located in Westland, MI. The organization was established in 2014. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Networks 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 09/2023, Bridge Networks generated $116.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $103.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE RESOURCES/COLLABORATION FOR ORGANIZATION DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Ledlie President | 20 | $0 | |
Shari Ledlie Vice Preside | 40 | $0 | |
Lynda Leibrock Treasurer | 9 | $0 | |
Chuck Leibrock Board Member | 2 | $0 | |
John Rainey Board Member | 12 | $0 | |
Scotty Jones Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,060 |
| Total Program Service Revenue | $38,961 |
| Membership dues | $0 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,044 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,251 |
| Occupancy, rent, utilities, and maintenance | $11,000 |
| Printing, publications, postage, and shipping | $1,179 |
| Other expenses | $88,029 |
| Total expenses | $103,459 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,061 |
| Other assets | $0 |
| Total assets | $105,705 |
| Total liabilities | $69,927 |
| Net assets or fund balances | $35,778 |