Building Bridges Across The River
- Assets
- $56.8m
- Revenue
- $13.9m
- Investments
- $0.0
- Employees
- 75
- Location
- Washington, DC
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 52-2013526
Organization Overview
Building Bridges Across The River is located in Washington, DC. The organization was established in 1997. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Building Bridges Across The River employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Bridges Across The River 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, Building Bridges Across The River generated $13.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $6.5m during the year ending 12/2021. While expenses have increased by 7.4% 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.
Since 2015, Building Bridges Across The River has awarded 14 individual grants totaling $2,519,979. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TOWN HALL EDUCATION, ARTS & RECREATION CAMPUS ("THEARC") IS A COMBINED CULTURAL AND SOCIAL SERVICES CAMPUS LOCATED IN THE 203,000 SQUARE FOOT FACILITY THAT IS HOME TO FOURTEEN NON-PROFIT AGENCIES. THE COLLABORATION OF THESE FOURTEEN AGENCIES PROVIDES ACCESS TO QUALITY EDUCATION, ARTS, HEALTH AND RECREATIONAL PROGRAMS. BUILDING BRIDGES ACROSS THE RIVER ("BUILDING BRIDGES") IS A WARD 8 NONPROFIT THAT PROVIDES LEADERSHIP, MANAGEMENT, AND FISCAL OVERSIGHT OF "THEARC".
CAPITAL PROGRAM - THE CAPITAL CAMPAIGN CAPTURES A PORTION OF THE FUNDRAISING AROUND THE BRICKS AND MORTAR PROJECT NOW KNOWN AS THEARC WEST.
11TH STREET BRIDGE PARK - THE 11TH STREET BRIDGE PARK IS A PROJECT OF BUILDING BRIDGES ACROSS THE RIVER AND THE D.C. CITY GOVERNMENT, AND IS A ONE OF A KIND, COMMUNITY-LED INTERVENTION THAT SEEKS TO IMPROVE THE LIVES OF RESIDENTS ON BOTH SIDES OF THE ANACOSTIA RIVER. AS THE OLD 11TH STREET RIVER BRIDGE THAT CONNECT WASHINGTON, DC'S CAPITOL HILL AND HISTORIC ANACOSTIA NEIGHBORHOODS HAVE BEEN REPLACED, PARTNERS WILL TRANSFORM THE AGED INFRASTRUCTURE INTO THE CITY'S FIRST ELEVATED PARK: A NEW VENUE FOR HEALTHY RECREATION, ENVIRONMENTAL EDUCATION AND THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rahsaan Bernard President | Officer | 40 | $259,383 |
Scott Kratz Director Of 11th St Bridge Program | 40 | $136,352 | |
William T Skip Mcmahon Co-Founder (see Sched. O) | OfficerTrustee | 2 | $37,197 |
Dorea Mcmahon Vice-Chair | OfficerTrustee | 1 | $0 |
W Christopher Smith Chairman Of The Board | OfficerTrustee | 2 | $0 |
Jeffery P Capron Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Corbett Construction Construction Services | 12/30/18 | $777,582 |
Stoiber Associates Construction Services | 12/30/18 | $178,300 |
Horning Family Fund Bridge Park Feasability Study | 12/30/18 | $400,000 |
Shapiro & Duncan Hvac Maintenance & Repair | 12/30/18 | $132,764 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $794,877 |
| Related organizations | $0 |
| Government grants | $1,356,749 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,240,682 |
| Noncash contributions included in lines 1a–1f | $108,661 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,392,308 |
| Total Program Service Revenue | $49,731 |
| Investment income | $521,022 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,069,999 |
| Net Gain/Loss on Asset Sales | $7,615 |
| Net Income from Fundraising Events | -$131,999 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,914,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,732 |
| 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. | $317,485 |
| Compensation of current officers, directors, key employees. | $39,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,232,273 |
| Pension plan accruals and contributions | $33,212 |
| Other employee benefits | $119,160 |
| Payroll taxes | $267,322 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,958 |
| Fees for services: Other | $965,926 |
| Advertising and promotion | $79,094 |
| Office expenses | $305,000 |
| Information technology | $41,709 |
| Royalties | $0 |
| Occupancy | $665,500 |
| Travel | $4,071 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,178 |
| Interest | $290,943 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $750,254 |
| Insurance | $69,262 |
| All other expenses | $35,281 |
| Total functional expenses | $6,450,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,117 |
| Savings and temporary cash investments | $13,829,851 |
| Pledges and grants receivable | $6,408,378 |
| Accounts receivable, net | $72,436 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $21,944,125 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $82,034 |
| Net Land, buildings, and equipment | $13,312,704 |
| Investments—publicly traded securities | $802,161 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $94,427 |
| Total assets | $56,784,233 |
| Accounts payable and accrued expenses | $507,743 |
| Grants payable | $0 |
| Deferred revenue | $1,901,423 |
| 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 | $6,861,499 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,270,665 |
| Net assets without donor restrictions | $30,369,094 |
| Net assets with donor restrictions | $17,144,474 |
| 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 | $56,784,233 |
Grants Awarded
Over the last fiscal year, Building Bridges Across The River has awarded $915,273 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL PROGRAMMING | $860,273 |
Washington, DC PURPOSE: GENERAL PROGRAMMING | $25,000 |
Ashburn, VA PURPOSE: GENERAL PROGRAMMING | $20,000 |
Washington, DC PURPOSE: GENERAL PROGRAMMING | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Building Bridges Across The River has recieved totaling $37,000.
| Awarding Organization | Amount |
|---|---|
Carter & Melissa Cafritz Charitable Tr Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |
Miller & Chevalier Charitable Foundation Washington, DC PURPOSE: EDUCATION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
People Incorporated Of Virginia Abingdon, VA | $22,478,644 | $16,537,740 |
Heart Of America Foundation Washington, DC | $21,952,714 | $13,311,439 |
Waterfront Partnership Of Baltimore Inc Baltimore, MD | $10,304,693 | $15,904,703 |
N Street Village Inc Washington, DC | $31,040,838 | $11,867,277 |
Lake Monticello Owners Association Lake Monticello, VA | $27,325,227 | $9,680,580 |
Competitive Enterprise Institute Washington, DC | $5,463,449 | $7,758,776 |
Building Bridges Across The River Washington, DC | $56,784,233 | $13,914,024 |
Echelon Community Services Washington, DC | $2,480,354 | $6,411,075 |
American Property Owners Alliance Washington, DC | $1,922,706 | $4,612,000 |
Baltimore Public Markets Corporation Baltimore, MD | $11,139,758 | $2,603,111 |
Basic Acrylic Monomer Manufacturers Inc Williamsburg, VA | $5,992,927 | $2,980,426 |
City Life - Community Builders Baltimore, MD | $1,816,865 | $2,439,608 |