Overview
What is Bridge Street House Of Prayer?
Bridge Street House of Prayer, recognized as Bridge Street Ministries, is a faith-based community development organization situated in Grand Rapids, Michigan. With a primary focus on youth development, they run the Resurgence after-school program, offering educational support to local students five days a week at two locations, engaging around 150 participants. Additionally, they offer a summer mission trip opportunity, the Grand Rapids Immersion, attracting approximately 75 students and leaders annually. Bridge Street Ministries aims to equip and empower youth, fostering their growth into future leaders who will bring restoration and hope to their communities. Their work encompasses holistic development, providing a comprehensive approach to youth empowerment.
Official website here: www.bsmgr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating.
Bridge Street House Of Prayer received a commendable score of 85%, reflecting a strong performance in accountability and finance. This rating highlights the organization's commitment to maintaining a majority independent board and sound financial practices, with no material diversions of assets reported. The transparency in their financial statements, bolstered by an audit, further indicates responsible management.
The organization demonstrates strength in its governance structure, with 83% of board members being independent, ensuring that decisions are made in the best interest of the charity. Their program expenses ratio of 67.20% shows a significant focus on direct programs, which is positive for donors seeking impact. However, the absence of a whistleblower policy is noted as a limitation, as it suggests room for improvement in safeguarding ethical practices within the organization.
Overall, Bridge Street House Of Prayer exemplifies accountability and effective financial management, although there are areas for development, particularly in enhancing policy frameworks. Such a rating provides a level of assurance for potential donors regarding the charity's operational integrity and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bridge Street House Of Prayer?
100% of 21 reviewers on Facebook recommend Bridge Street House of Prayer. Here’s a summary of their reviews:
The organization is regarded as a valuable contributor to the community, with many praising their friendly demeanor and active participation in local events. Their involvement at Lincoln Park and the establishment of a Community Garden demonstrate a commitment to fostering community spirit and providing support to those in the area.
Overall, the sentiment is overwhelmingly positive, as supporters appreciate the nonprofit's dedication to helping others and enhancing local well-being. Their presence is viewed as a beacon of positivity, making a meaningful impact on the lives of community members.
This AI summary has been generated from reviews found on Facebook.
Is Bridge Street House Of Prayer legitimate?
Bridge Street House Of Prayer is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Street House Of Prayer 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: $71,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,740
For more financial information, click here
Official website here: www.bsmgr.org
What is the mission statement of Bridge Street House Of Prayer?
Bridge Street House of Prayer, as a Christian Community Development organization, is dedicated to equipping and empowering youth through comprehensive development. Their mission is to nurture these young individuals to become future leaders who can foster restoration and hope in their communities. They achieve this goal through various programs, such as their Resurgence after-school program, which offers learning labs to local students five days a week, and their Grand Rapids Immersion program, a summer mission trip opportunity for church youth groups and high school programs. Additionally, they offer a 9-month immersive gap-year program, aiming to develop well-rounded future leaders.
Official website here: www.bsmgr.org
Who is the CEO of Bridge Street House Of Prayer?
Ryan Waalkes is the Executive Director of Bridge Street House Of Prayer.
Official website here: www.bsmgr.org
What is the revenue of Bridge Street House Of Prayer?
Bridge Street House Of Prayer's revenue in 2022 was $595,918.
Official website here: www.bsmgr.org
Who are the executives of Bridge Street House Of Prayer and what are their salaries?
The average compensation at Bridge Street House Of Prayer during 2022 was $14,347. There are 21 employees and 20 volunteers at Bridge Street House Of Prayer.
Here are 6 key members and their salaries:
- Compensation: $69,601
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.bsmgr.org
Where can I find the form 990 for Bridge Street House Of Prayer?
Bridge Street House Of Prayer's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bsmgr.org
Learn more at the official website: www.bsmgr.org
Mission Statement of Bridge Street House Of Prayer
Bridge Street Ministries, often referred to as Bridge Street House of Prayer, is a Christian Community Development organization that is dedicated to empowering and equipping youth. Their mission is centered around holistic development, aiming to cultivate future leaders who can bring restoration and hope to their communities. Through various programs, Bridge Street Ministries provides opportunities for youth to grow and thrive.
One of their notable initiatives is the Resurgence after-school program. This extracurricular program offers learning labs for local students five days a week, with approximately 150 students participating. By providing this opportunity, Bridge Street Ministries is investing in the next generation, offering them a supportive environment where they can learn and grow.
In addition to the Resurgence program, Bridge Street Ministries also offers the Grand Rapids Immersion program. This summer mission trip opportunity is designed for local church youth groups and high school programs. In 2022, they hosted 75 students and their leaders, providing them with a unique and immersive experience. Furthermore, Bridge Street Ministries offers a 9-month immersive gap-year program, known as the Grand Rapids Immersion. During the 2021-2022 program year, one student successfully completed this program, demonstrating the impact and commitment of Bridge Street Ministries to the personal and communal development of the youth they serve.
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Impact
July, 2024
Bridge Street House of Prayer, also known as Bridge Street Ministries, is making a significant impact by equipping and empowering youth through holistic development to become future leaders of restoration and hope in their communities. Their Resurgence after-school program provides valuable learning opportunities for local students, with approximately 150 students participating across two locations. Additionally, their Grand Rapids Immersion program offers a mission trip experience for local church youth groups and high school programs, hosting 75 students and their leaders in 2022. Bridge Street Ministries' emphasis on youth development and community engagement is helping to cultivate a new generation of leaders who are dedicated to creating positive change in their neighborhoods.
This information is meant to be a general summary of Bridge Street House Of Prayer. 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: -$1,905
- Program Service Revenue: $32,242
- Gross Receipts: $661,329
Assets and Liabilities:
- Total Assets: $1,438,489
- Total Liabilities: $34,795
- Net Assets: $1,403,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Coffee Shop
Revenue
$16,332
Immersion School
Revenue
$15,910
Organization Details
Founding Year
2008
Principal Officer
Ryan Waalkes
Main Address
1034 Bridge Street NW, Grand Rapids, MI, 49504
Website
www.bsmgr.orgNTEE Category
Code: X20 - Religion related
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