Omaha Bridges Out Of Poverty Inc

Organization Overview

Omaha Bridges Out Of Poverty Inc is located in Omaha, NE. The organization was established in 2016. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. As of 12/2021, Omaha Bridges Out Of Poverty Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omaha Bridges Out Of Poverty 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, Omaha Bridges Out Of Poverty Inc generated $695.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $738.1k during the year ending 12/2021. While expenses have increased by 39.4% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE EXIST TO EMPOWER UNDER RESOURCED INDIVIDUALS TO CHANGE THEIR LIVES BY DISCOVERING AND OVERCOMING BARRIERS TO SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE "GETTING AHEAD IN A JUST GETTIN-BY WORLD" PROGRAM, WHICH HELPS UNDER-RESOURCED INDIVIDUALS LIFT THEMSELVES OUT OF POVERTY, IS USED IN 300 U.S. COMMUNITIES WITH A 75% SUCCESS RATE. WE HAVE A 93% GRADUATION RATE. POST GRADUATION ASSESSMENTS INDICATE: POSITIVE CHANGE IN ALL AREAS OF A 15 FACTOR STABILITY SCALE, NET INCOME FOR GRADUATES IMPROVED AN AVERAGE OF $1,500 PER MONTH AND DEBT TO INCOME RATIO DECREASED AN AVERAGE OF 60%.


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Board, Officers & Key Employees

Name (title)Compensation
John Langwith
President
$0
Laurie Baedke
Vice-President
$0
Barry Major
Treasurer
$0
Roger Howard
CEO
$0
Kelly Nielsen
Director
$0
Jamalia Jones
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $72,970
All other contributions, gifts, grants, and similar amounts not included above$622,358
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$695,328
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $695,328

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Omaha Bridges Out Of Poverty Inc has recieved totaling $500.

Awarding OrganizationAmount
Carol A Drake And Robert N Troia Charitable Foundation

Omaha, NE

PURPOSE: PROGRAM OPERATING SUPPORT

$500
View Grant Recipient Profile

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