Bridge Of Hope
- Assets
- $1.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 17
- Location
- Milford, DE
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-2122026
Organization Overview
Bridge Of Hope is located in Milford, DE. The organization was established in 2015. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Bridge Of Hope employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Of Hope 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 12/2021, Bridge Of Hope generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 19.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT AND STRENGTHEN THE COMMUNITY THROUGH THE OPERATION OF A NON-COMMERCIAL CHRISTIAN RADIO STATION BY PRODUCING AND BROADCASTING PROGRAMS FEATURING BIBLICAL TEACHING, PUBLIC AFFAIRS, AND RELIGIOUS MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A NON-COMMERCIAL CHRISTIAN RADIO STATIONS BROADCASTING ON MULTIPLE FREQUENCIES TO A POPULATION OF LISTENERS EXCEEDING 100,000 IN DELAWARE, MARYLAND, AND SOUTHERN NEW JERSEY.
SPONSOR EVENTS TO EDUCATE ATTENDEES ON CHRISTIAN ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William T Sammons Jr President | Officer | 40 | $97,586 |
James Dorton Secretary | OfficerTrustee | 1 | $0 |
Jay M Stevens Treasurer | OfficerTrustee | 1 | $0 |
Daniel V Schlabach Board Chairm | Trustee | 1 | $0 |
Zach Hayes Board Member | Trustee | 1 | $0 |
Joseph Kollock Board Member | Trustee | 1 | $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 | $1,680,568 |
| Noncash contributions included in lines 1a–1f | $30,526 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,680,568 |
| Total Program Service Revenue | $41,621 |
| Investment income | $8,760 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,171 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,737,990 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $97,586 |
| Other salaries and wages | $673,806 |
| Pension plan accruals and contributions | $20,488 |
| Other employee benefits | $6,163 |
| Payroll taxes | $58,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,498 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,820 |
| Advertising and promotion | $81,896 |
| Office expenses | $41,406 |
| Information technology | $29,583 |
| Royalties | $0 |
| Occupancy | $190,955 |
| Travel | $2,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,610 |
| Interest | $3,554 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,563 |
| Insurance | $39,477 |
| All other expenses | $29,154 |
| Total functional expenses | $1,537,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,846 |
| Savings and temporary cash investments | $171,559 |
| 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 | $167,149 |
| Inventories for sale or use | $7,613 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $303,228 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $846,052 |
| Other assets | $4,750 |
| Total assets | $1,707,197 |
| 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 | $7,560 |
| Other liabilities | $0 |
| Total liabilities | $7,560 |
| Net assets without donor restrictions | $1,699,637 |
| 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 | $1,707,197 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Bridge Of Hope has recieved totaling $46,091.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $35,000 |
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $10,000 |
Arthur W Perdue Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $91 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Radio Vision Cristiana Inc Paterson, NJ | $3,169,957 | $4,280,797 |
Russian Broadcasting Network Inc Southampton, PA | $342,255 | $1,939,456 |
Bridge Of Hope Milford, DE | $1,707,197 | $1,737,990 |
Radio Vision Cristiana Management Paterson, NJ | $5,541,985 | $1,652,597 |
United Ministries Allentown, PA | $446,819 | $356,393 |
One Heart Ministries New Cumberland, PA | $389,862 | $125,903 |
In His Sign Network Rosemont, PA | $144,815 | $167,265 |
Holy Family Radio Inc Lancaster, PA | $216,396 | $0 |
Cumberland Valley Christian Radio Inc Carlisle, PA | $128,653 | $0 |
Wfbg Radio Christmas Carol Foundation Hollidaysburg, PA | $676,723 | $62,817 |
The Midnight Cry Ministries Philadelphia, PA | -$854 | $44,863 |