Medical Bridges Inc
- Assets
- $4.0m
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 19
- Location
- Houston, TX
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 76-0548161
Organization Overview
Medical Bridges Inc is located in Houston, TX. The organization was established in 1997. According to its NTEE Classification (Q19) the organization is classified as: Support N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Medical Bridges Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Bridges 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 12/2021, Medical Bridges Inc generated $10.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $8.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Medical Bridges Inc has awarded 15 individual grants totaling $444,510. 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
TO PROCURE AND DISTRIBUTE MEDICAL EQUIPMENT AND SUPPLIES TO UNDERSERVED COMMUNITIES WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL BRIDGES PROCURES MEDICAL, DENTAL AND SURGICAL SUPPLIES AND EQUIPMENT FOR REDISTRIBUTION TO QUALIFIED ORGANIZATIONS AND HEALTH CARE PROFESSIONALS PRIMARILY IN THE DEVELOPING WORLD. MEDICAL BRIDGES PROCURES DONATIONS OF SURPLUS SUPPLIES AND EQUIPMENT FROM HOSPITALS, CLINICS, PRIVATE PRACTICE PHYSICIANS, MEDICAL SUPPLY COMPANIES, HOME HEALTH AGENCIES, AND PRIVATE INDIVIDUALS.CONTINUED ON SCHEDULE O IN 2021, MEDICAL BRIDGES PREPARED AND SENT SHIPMENTS TO 21 COUNTRIES. THESE SHIPMENTS RANGED IN SIZE FROM SUITCASES FILLED WITH SUTURES TO 40-FOOT OCEAN-FREIGHT CONTAINERS HOLDING UP TO 1,200 BOXES OF SUPPLIES AND EQUIPMENT. MEDICAL BRIDGES DILIGENTLY ASSESSES THE MULTITUDE OF REQUESTS RECEIVED ANNUALLY TO ENSURE THAT CONSIGNEES MEET REQUIREMENTS BOTH IN TERMS OF WHO RECEIVES THE SUPPLIES AND HOW THE SUPPLIES ARE DISTRIBUTED TO THE COMMUNITY. MEDICAL BRIDGES RELIES GREATLY ON THE EXPERTISE AND TIME COMMITMENT OF VOLUNTEERS. VOLUNTEERS WORK IN THE DISTRIBUTION CENTER AND ON SPECIAL PROJECTS THROUGHOUT THE YEAR; THEY ROUTINELY LOG MORE THAN 4,000 HOURS EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Ulrich President & CEO | Officer | 40 | $150,000 |
Aida Alard Director Of Finance | Officer | 40 | $85,408 |
John Zipprich II Secretary | OfficerTrustee | 1 | $0 |
Denise Castillo-Rhodes Treasurer | OfficerTrustee | 1 | $0 |
Bryan Lastrapes Chair | OfficerTrustee | 2 | $0 |
Michael Weill Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $294,829 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,911,687 |
| Noncash contributions included in lines 1a–1f | $9,096,258 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,206,516 |
| Total Program Service Revenue | $0 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $418 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,206,946 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $469,686 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,967,320 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,460 |
| Compensation of current officers, directors, key employees. | $146,144 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $573,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,587 |
| Payroll taxes | $59,509 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,813 |
| Advertising and promotion | $0 |
| Office expenses | $95,735 |
| Information technology | $31,391 |
| Royalties | $0 |
| Occupancy | $19,164 |
| Travel | $9,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,625 |
| Interest | $597 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,655 |
| Insurance | $27,325 |
| All other expenses | $0 |
| Total functional expenses | $8,636,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,129 |
| Savings and temporary cash investments | $366,641 |
| Pledges and grants receivable | $20,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,934,325 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $574,310 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,030,405 |
| Accounts payable and accrued expenses | $9,131 |
| Grants payable | $0 |
| Deferred revenue | $496,500 |
| 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 | $505,631 |
| Net assets without donor restrictions | $3,494,208 |
| Net assets with donor restrictions | $30,566 |
| 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 | $4,030,405 |
Grants Awarded
Over the last fiscal year, Medical Bridges Inc has awarded $366,624 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: Medical | $121,018 |
CITY OF HOUSTON PURPOSE: Medical - Houston Haiti Relief | $78,049 |
Sweetwater, TX PURPOSE: Medical | $34,688 |
Springfield, MO PURPOSE: Medical | $26,992 |
Houston, TX PURPOSE: Medical | $26,954 |
TEXAS A&M UNIVERSITY PURPOSE: BUILD project | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Medical Bridges Inc has recieved totaling $140,590.
| Awarding Organization | Amount |
|---|---|
Halliburton Charitable Foundation Houston, TX | | $50,300 |
Kanaly Foundation Houston, TX PURPOSE: GENERAL FUND | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $10,550 |
Strake Foundation Houston, TX PURPOSE: OPERATIONAL COST | $10,000 |
Texas Medical Center Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Berger Family Foundation Inc New York, NY PURPOSE: FOR CHARITABLE PURPOSE OF ORGANIZATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bethesda Ministries Colorado Springs, CO | $4,747,799 | $19,748,922 |
Mercy Without Limits Inc Overland Park, KS | $12,804,274 | $19,965,180 |
Global Outreach International Inc Tupelo, MS | $17,084,883 | $17,437,149 |
United Hands Relief Inc Arlington, TX | $2,480,716 | $16,870,671 |
English Language Institute In China Fort Collins, CO | $10,835,190 | $18,809,399 |
Humanitarian Experience Inc Salt Lake City, UT | $1,258,081 | $14,822,616 |
One For Israel Colleyville, TX | $5,843,119 | $15,786,263 |
Christian Medical & Dental Society Bristol, TN | $23,493,559 | $15,260,039 |
One Earth Future Foundation Inc Louisville, CO | $32,439,797 | $15,055,056 |
Ekal Vidyalaya Foundation Of Usa Inc Houston, TX | $8,311,702 | $8,920,976 |
Doterra Healing Hands Foundation Pleasant Grove, UT | $7,231,777 | $11,842,718 |
Christian Relief Fund Amarillo, TX | $12,393,094 | $11,849,734 |