Overview
What is Bridging Resources In Communities Inc?
Bridging Resources In Communities Inc, or BRIC Inc, is a nonprofit organization situated in Washington D.C. (20008). Acting as the fiscal agent for the Ward 5 Drug Free Coalition, BRIC Inc utilizes funding from the Substance Abuse and Mental Health Services Administration's Drug Free Communities program to combat substance abuse among youth, primarily targeting underage drinking, marijuana use, and other drug misuse through community-based strategies. The increasing acceptance of marijuana for medical and recreational use in D.C. is influencing youth perception of harm, posing additional challenges for prevention efforts. In addition to drug use prevention, BRIC Inc focuses on youth development and empowering community faith-based organizations to create strategies for positive change in policies and social norms, ultimately contributing to healthier, drug-free communities. With a team of nine dedicated individuals, BRIC Inc plays a significant role in shaping a safer and more substance-free environment for the community.
Official website here: www.bricinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Bridging Resources In Communities Inc has earned a respectable Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score reflects a commendable focus on financial responsibility, with a high program expense ratio of 95.26%, which means a significant portion of their expenditures is directed towards their programs rather than administrative costs.
The organization demonstrates strong governance, featuring a board consisting of 100% independent members, which enhances its accountability. Additionally, they have established comprehensive policies, including conflict of interest and whistleblower policies, which contribute to their transparent operational practices. Their fiscal health is also highlighted by a favorable liabilities to assets ratio of 44.58%, indicating a manageable level of debt relative to assets.
There are no significant limitations noted in the available data, suggesting that Bridging Resources In Communities Inc is effectively managing its resources and adhering to best practices in nonprofit governance. Overall, their strong score in accountability and finance reflects a commitment to transparency and responsible management of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Bridging Resources In Communities Inc legitimate?
Bridging Resources In Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridging Resources In Communities 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: $385,487
For more financial information, click here
Official website here: www.bricinc.org
What is the mission statement of Bridging Resources In Communities Inc?
Bridging Resources In Communities Inc's mission is centered around providing information, training, and capacity building to community faith-based organizations. The primary focus of their efforts is on drug use prevention education and youth development. Their goal is to create actionable strategies that lead to positive changes in policies and social norms, ultimately contributing to healthier, drug-free communities. As the fiscal agent for the Ward 5 Drug Free Coalition, they utilize funding to reduce underage drug use through community-level strategies. However, the legalization of marijuana for medical and later recreational use in DC, along with an increase in misuse of opioids and fentanyl among young adults and teenagers, has presented new challenges in their prevention efforts and messaging.
Official website here: www.bricinc.org
Who is the CEO of Bridging Resources In Communities Inc?
Rosalind M Parker is the President of Bridging Resources In Communities Inc.
Official website here: www.bricinc.org
What is the revenue of Bridging Resources In Communities Inc?
Bridging Resources In Communities Inc's revenue in 2022 was $720,060.
Official website here: www.bricinc.org
Who are the executives of Bridging Resources In Communities Inc and what are their salaries?
The average compensation at Bridging Resources In Communities Inc during 2022 was $42,832. There are 9 employees at Bridging Resources In Communities Inc.
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Official website here: www.bricinc.org
Where can I find the form 990 for Bridging Resources In Communities Inc?
Bridging Resources In Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bricinc.org
Learn more at the official website: www.bricinc.org
Mission Statement of Bridging Resources In Communities Inc
Bridging Resources In Communities Inc, a nonprofit organization, is dedicated to providing information, training, and capacity building to community faith-based organizations. Their primary focus is on drug use prevention education and youth development, aiming to foster positive changes in policies and social norms. By doing so, they strive to create healthier, drug-free communities.
As the fiscal agent for the Ward 5 Drug Free Coalition, Bridging Resources In Communities Inc utilizes funding from SAMHSA DFC to reduce substance abuse among youth, focusing on underage drinking and marijuana use, as well as other drugs, through community-level strategies. They recognize the impact of marijuana legalization for medical and recreational use in DC, leading to a decrease in the perception of harm among youth, which in turn has resulted in an increase in marijuana use among younger generations. This complex situation necessitates Bridging Resources In Communities Inc to adapt and modify their prevention efforts and messaging accordingly.
Moreover, Bridging Resources In Communities Inc has observed a significant increase in the misuse of opioids and fentanyl among young adults and teenagers in DC. They are collaborating with their partners to address this issue, working towards a safer and healthier community for all.
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Impact
July, 2024
Bridging Resources In Communities Inc's impact is focused on providing information, training, and capacity building to community faith-based organizations. Their key focus areas include drug use prevention education, youth development, and the creation of actionable strategies leading to positive changes in policies and social norms resulting in healthier, drug-free communities. Specifically, BRIC Inc serves as the fiscal agent for the Ward 5 Drug Free Coalition, where they utilize SAMHSA DFC funding to reduce underage drinking and marijuana use, as well as address the increasing misuse of opioids and fentanyl among young adults and teenagers in Washington, DC. Their efforts aim to combat the decrease in perception of harm among youth due to the legalization of marijuana, which has led to a noticeable increase in use by younger individuals, complicating prevention efforts and messaging.
This information is meant to be a general summary of Bridging Resources In Communities 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $720,060
Assets and Liabilities:
- Total Assets: $123,888
- Total Liabilities: $55,236
- Net Assets: $68,652
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Organization Details
Founding Year
2003
Phone
(202) 255-3630Principal Officer
Rosalind M Parker
Main Address
3645 VEAZEY STREET NW, WASHINGTON, DC, 20008
Website
www.bricinc.orgNTEE Category
Code: L80 - Housing
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