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Bridge To Independence Inc

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

EIN: 161643585 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bridge To Independence Inc?

Bridge To Independence Inc is a private nonprofit organization situated in Orlando, Florida, specifically at 2138 W Colonial Drive. Their primary mission is to offer an alternative educational environment for inner-city kids in central Florida. The school prioritizes the safety and well-being of its students, catering to over 100 individuals from kindergarten to twelfth grade. By providing a quality education, Bridge To Independence aims to bridge the gap between these students and the traditional public school system. The organization is dedicated to improving the lives of its students and contributing positively to their community.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 56% (One-Star out of Four Stars)

Bridge To Independence Inc has received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. While the organization benefits from a fully independent board, which shows strong governance, it lacks essential financial transparency, notably missing financial statements and other critical documentation on its website.

The nonprofit has demonstrated a commitment to its program expenses, achieving a 100% program expense ratio. However, the absence of a whistleblower policy and a document retention policy raises red flags regarding operational transparency and risk management. Additionally, the high liabilities to assets ratio of 73.45% suggests potential financial instability.

Users may appreciate the independence of the board members and the clear prioritization of program expenses, but the overall lack of transparency and the missing financial documentation limit the organization's credibility and trustworthiness among potential donors and stakeholders.


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

Is Bridge To Independence Inc legitimate?

Bridge To Independence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge To Independence 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: $54,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $484,000

For more financial information, click here

What is the mission statement of Bridge To Independence Inc?

Bridge to Independence Inc., as an organization, is committed to offering a quality education as an alternative to the public school system for inner-city children in central Florida. Their mission is to create a conducive learning environment where over 100 students from kindergarten to twelfth grade can thrive. By providing this alternative education, Bridge to Independence aims to empower these students with the necessary skills and knowledge to navigate their lives effectively.

Who is the CEO of Bridge To Independence Inc?

Nicole Phillips-Hollis is the Ceopresident of Bridge To Independence Inc. The CEO's salary of Bridge To Independence Inc is $54,000 and their total compensation is $54,000.

What is the revenue of Bridge To Independence Inc?

Bridge To Independence Inc's revenue in 2022 was $1,156,089.

Who are the executives of Bridge To Independence Inc and what are their salaries?


Here are 4 key members and their salaries (Bridge To Independence Inc's CEO's salary is $54,000 and their total compensation is $54,000):


Nicole Phillips-Hollis (Ceopresident)
  • Compensation: $54,000
  • Related: $0
  • Other: $0
Marisa Richard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bridge To Independence Inc?

Bridge To Independence Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bridge To Independence Inc

Bridge To Independence, a private educational institution, is dedicated to serving inner-city children in central Florida. Its mission, in essence, is to offer these students an alternative to the traditional public school system by providing them with a high-quality education in a safe and nurturing environment. The organization strives to cater to the unique needs of over 100 students from kindergarten through twelfth grade, aiming to empower them with the knowledge and skills necessary to navigate their lives effectively.

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Impact




October, 2024

Bridge To Independence Inc significantly impacts the lives of over 100 K-12 students in Orlando, Florida, by offering an alternative educational experience tailored to the needs of inner-city youth. The school fosters a safe and supportive learning environment, empowering students who might otherwise struggle in the conventional public school system. By providing quality education and resources, it not only enhances academic performance but also promotes personal growth and resilience among its students. The focus on inner-city children helps bridge gaps in educational access and equity, ultimately contributing to healthier communities and brighter futures for these young individuals.




This information is meant to be a general summary of Bridge To Independence 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
$1,156,089 (2022)
Expenses
$1,004,068 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $143
  • Program Service Revenue: $1,064,200
  • Gross Receipts: $1,156,089

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

SCHOLARSHIPS

Revenue

$1,064,200

Organization Details

Founding Year

2002

Principal Officer

Nicole Phillips-Hollis

Main Address

2138 W COLONIAL DRIVE, Orlando, FL, 32804

NTEE Category

Code: E50 - Health

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