Overview
What is New Bridge Foundation?
New Bridge Foundation is a nonprofit organization based in Berkeley, California, offering comprehensive drug and alcohol rehabilitation services for both adults and adolescents. The foundation operates various programs, each with unique levels of care, such as Bridge One, Helios, and outpatient treatment. Bridge One is a residential therapeutic community for chemically dependent adults, emphasizing the importance of community support and group processes in recovery. The Helios program, in turn, offers integrated, evidence-based services, including detox, residential, day treatment, and intensive outpatient care. The residential program provides round-the-clock support and structure, ensuring a caring and compassionate environment for individuals seeking recovery. Notably, the foundation offers free aftercare for life to all clients who successfully complete their programs. Ultimately, the mission of New Bridge Foundation is to provide education, support, and skills to help individuals lead productive and healthy lives without relying on drugs or alcohol.
Official website here: www.newbridgefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
New Bridge Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The charity's score is a direct result of its excellent practices, particularly in having a fully independent board and comprehensive financial oversight mechanisms. The organization has no reported issues related to asset diversion, highlighting its commitment to ethical management.
With a program expense ratio of 71.45%, New Bridge Foundation demonstrates a strong focus on its mission-related activities, ensuring that a significant portion of its resources is directed towards programs rather than administrative costs. The charity's policies on conflict of interest and whistleblower protections are well-documented, further underscoring its commitment to transparency and accountability.
While the data indicates robust financial health and governance, potential donors and stakeholders should always consider the broader impact of the organization's programs and services in their decision-making process. Overall, New Bridge Foundation exemplifies effective nonprofit management with a clear focus on operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is New Bridge Foundation legitimate?
New Bridge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Bridge Foundation 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: $239,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,692,818
For more financial information, click here
Official website here: www.newbridgefoundation.org
What is the mission statement of New Bridge Foundation?
The New Bridge Foundation's mission is centered around providing high-quality, culturally competent drug and alcohol services to both adults and adolescents. The primary objective of their programs is to equip individuals with the necessary education, support, and skills to lead productive and healthy lives, free from substance abuse. The foundation strives to help them achieve this goal, aiming to empower them to live fulfilling lives without the need for drugs or alcohol.
Official website here: www.newbridgefoundation.org
Who is the CEO of New Bridge Foundation?
Kosta Markakis is the Ceo of New Bridge Foundation. The CEO's salary of New Bridge Foundation is $200,000 and their total compensation is $248,161.
Official website here: www.newbridgefoundation.org
What is the revenue of New Bridge Foundation?
New Bridge Foundation's revenue in 2022 was $7,197,307.
Official website here: www.newbridgefoundation.org
Who are the executives of New Bridge Foundation and what are their salaries?
The average compensation at New Bridge Foundation during 2022 was $47,293. There are 62 employees at New Bridge Foundation.
Here are 9 key members and their salaries (New Bridge Foundation's CEO's salary is $200,000 and their total compensation is $248,161):
- Compensation: $200,000
- Related: $0
- Other: $48,161
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newbridgefoundation.org
Where can I find the form 990 for New Bridge Foundation?
New Bridge Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newbridgefoundation.org
Learn more at the official website: www.newbridgefoundation.org
Mission Statement of New Bridge Foundation
The New Bridge Foundation, a renowned non-profit organization, is dedicated to delivering high-quality, culturally sensitive drug and alcohol services for both adults and adolescents. Their primary objective is to empower these individuals with the necessary education, support, and skills to lead productive and healthy lives, completely free from substance abuse. By offering a range of programs, the New Bridge Foundation aims to help adults and teenagers break free from their dependence on drugs and alcohol, fostering a life of wellbeing and productivity.
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Impact
June, 2024
New Bridge Foundation's impact extends to providing high-quality and culturally competent drug and alcohol services to adults and adolescents. Through programs like Bridge One and Helios, individuals are given the tools and support needed to overcome chemical dependency and lead healthy, productive lives free from substance abuse. The organization's mission focuses on education, support, and skill-building to empower clients towards sustained recovery. Additionally, offering free aftercare for life underscores their commitment to long-term success for those who complete their programs. Overall, New Bridge Foundation plays a significant role in addressing mental health needs and fostering positive outcomes for individuals struggling with substance abuse in Berkeley, CA.
This information is meant to be a general summary of New Bridge Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,737
- Program Service Revenue: $6,497,371
- Gross Receipts: $7,197,307
Assets and Liabilities:
- Total Assets: $17,894,970
- Total Liabilities: $1,155,861
- Net Assets: $16,739,109
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Participant fees
Revenue
$6,497,371
Organization Details
Founding Year
1971
Phone
(510) 526-6200Principal Officer
Kosta Markakis
Main Address
2323 Hearst Avenue, Berkeley, CA, 94709
Website
www.newbridgefoundation.orgNTEE Category
Code: F220 - Mental health
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