Builders Bridge
- Assets
- $114.7k
- Revenue
- $105.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, NC
- Founding
- Data as of
- 12/2022
- EIN
- 82-1333524
Organization Overview
Builders Bridge is located in Monroe, NC. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Builders Bridge 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 12/2022, Builders Bridge generated $105.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 38.3% each year . All expenses for the organization totaled $85.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDERS BRIDGE OPERATES A PROGRAM THAT HELPS:- BUILD CAREER PATHWAYS INTO THE HOMEBUILDING INDUSTRY FOR STUDENTS, YOUNG PEOPLE AND INDIVIDUALS LOOKING FOR A CAREER-CHANGE OR A SECOND-CHANCE.- CREATE CURRICULUM THAT EDUCATES STUDENTS, PARENTS, INDIVIDUALS, AND EDUCATORS ABOUT THE CAREERS AND OPPORTUNITIES AVAILABLE IN THE HOMEBUILDING INDUSTRY.- PROVIDE INTERNSHIPS AND WORK-BASED LEARNING OPPORTUNITIES FOR INDIVIDUALS INTERESTED IN PURSUING CAREERS IN THE HOMEBUILDING INDUSTRY.- CONNECT COMMUNITY PARTNERS WHO HAVE NEEDS TO TRADE PARTNERS WHO WANT TO SUPPORT THEM AND CAN PROVIDE ASSISTANCE IN THOSE AREAS OF NEED.- CREATE OPPORTUNITIES TO EXPOSE INDIVIDUALS TO THE VIABLE, PROFITABLE CAREERS WITHIN THE HOMEBUILDING INDUSTRY.- STAY CONNECTED IN AN EVER-CHANGING INDUSTRY, AND ALWAYS STAYING READILY AVAILABLE AND SEEKING OPPORTUNITIES TO SERVE OUR COMMUNITIES FURTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Wentz Board Chair | 1 | $0 | |
Whitney Higgins Secretary | 1 | $0 | |
Josh Blackson Board Member | 1 | $0 | |
Drew Fulcher Board Member | 1 | $0 | |
Bill Green Board Member | 1 | $0 | |
Allison Norris Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $105,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,200 |
| Printing and publications | $41 |
| Other expenses | $67,736 |
| Total operating and administrative expenses | $82,585 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $85,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,720 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $114,720 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Builders Bridge has awarded $5,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL HOUSING ENDOWMENT PURPOSE: GENERAL SUPPORT | $2,000 |
NC A&T PURPOSE: GENERAL SUPPORT | $3,500 |