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Bridging Lives Inc Bridging Lives Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061695573 ✦ Ocoee, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bridging Lives Inc Bridging Lives Inc?

Bridging Lives Inc, located at 2265 Twisted Pine Road, Ocoee, Florida, is a nonprofit organization that provides a safe residential group care for children who are adjudicated dependent to the Florida foster care system. The organization, with a dedicated workforce of 8 individuals, offers a nurturing environment and essential support services to these children. Their mission is centered around providing residential group care, ensuring a secure living space for these vulnerable young individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 38%, Zero-Star out of Four Star Rating

Bridging Lives Inc has received a low rating of 38% from Charity Navigator, leading to a Zero-Star designation. This score is primarily based on the charity's Accountability & Finance beacon. The lack of independent board members and missing policies related to conflict of interest, whistleblowers, and document retention significantly impacted its score.

The organization has demonstrated a high program expense ratio of 100%, indicating that all of its expenses are directed towards its programs. However, the absence of essential governance practices and transparency measures, such as posting its tax forms online, raises concerns about its operational integrity. Additionally, the high liabilities to assets ratio of 86.61% suggests potential financial instability.

Overall, while Bridging Lives Inc commits its resources effectively towards its mission, the significant gaps in governance and the absence of independent oversight may hinder its credibility and ability to attract donor support. Addressing these issues is crucial for improving its rating and fostering greater public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Bridging Lives Inc Bridging Lives Inc legitimate?

Bridging Lives Inc Bridging Lives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridging Lives Inc Bridging Lives Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,080

For more financial information, click here

What is the mission statement of Bridging Lives Inc Bridging Lives Inc?

Bridging Lives Inc, as an organization, is committed to providing residential group care for children who have been adjudicated dependent within Florida's foster care system. Their mission is centered around ensuring a safe living environment for these children. The organization's activities primarily focus on providing continuous residential care for its residents. By doing so, Bridging Lives Inc aims to contribute positively to the lives of these children in need.

Who is the CEO of Bridging Lives Inc Bridging Lives Inc?

Debra Mcgowan is the President of Bridging Lives Inc Bridging Lives Inc.

What is the revenue of Bridging Lives Inc Bridging Lives Inc?

Bridging Lives Inc Bridging Lives Inc's revenue in 2021 was $195,195.

Who are the executives of Bridging Lives Inc Bridging Lives Inc and what are their salaries?

The average compensation at Bridging Lives Inc Bridging Lives Inc during 2021 was $10,010. There are 8 employees at Bridging Lives Inc Bridging Lives Inc.


There is 1 key member and their salary:


Debra Mcgowan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bridging Lives Inc Bridging Lives Inc?

Bridging Lives Inc Bridging Lives Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Bridging Lives Inc Bridging Lives Inc

Bridging Lives Inc, a nonprofit organization, is dedicated to providing residential group care for children who have been adjudicated dependent to the Florida foster care system. The organization's mission is to create a safe environment where these children can reside. Bridging Lives Inc continually works towards ensuring the well-being and security of its residents, offering them a home away from home as they navigate through their circumstances. The organization's primary focus is on providing a nurturing and supportive environment that promotes personal growth and development, enabling these children to overcome the challenges they face.

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Impact




October, 2024

Bridging Lives Inc makes a significant impact by providing safe and nurturing residential group care for children who are dependent on the state of Florida's foster care system. By offering a stable environment, the organization helps vulnerable children navigate a challenging period in their lives, ensuring they receive the emotional support and guidance needed for healthy development.

Located in Ocoee, Florida, Bridging Lives Inc aims to create a supportive community where residents feel secure and valued. Through its comprehensive care approach, the organization addresses not only the basic needs of each child but also fosters personal growth and resilience, helping them to build positive relationships and develop essential life skills. The ongoing commitment to providing a safe space contributes to the children's overall well-being, enabling them to thrive despite the adversities they may face.




This information is meant to be a general summary of Bridging Lives Inc Bridging Lives Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$195,195 (2021)
Expenses
$200,881 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $195,195
  • Gross Receipts: $195,195

Assets and Liabilities:

  • Total Assets: $85,495
  • Total Liabilities: $11,825
  • Net Assets: $73,670

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REIMBURSEMENTS

Revenue

$195,195

Organization Details

Founding Year

2003

Principal Officer

Debra Mcgowan

Main Address

2265 TWISTED PINE ROAD, OCOEE, FL, 34761

NTEE Category

Code: P74 - Human services

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