Overview
What is The Bridge Fund?
The Bridge Fund is a nonprofit organization situated in Bonita Springs, Florida. Their primary mission is to provide aid for essential and critical needs, such as housing, utilities, and medical expenses, to individuals facing personal crises. They strive to support local communities, particularly addressing necessities like shelter, food, and transportation, which may not be covered by other agencies. The organization's core activity involves offering assistance with rental payments, mortgage payments, and utility bills to help families maintain their homes.
Official website here: www.thebridge-fund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
The Bridge Fund has achieved an impressive score of 92%, which reflects its strong commitment to accountability and financial transparency. This high rating is based solely on its Accountability & Finance metrics, indicating that the organization adheres strictly to best practices in these areas. The charity boasts a perfect score for having a majority of independent board members, as well as maintaining no material diversion of assets.
Strengths highlighted in the evaluation include a high program expense ratio of 98.50%, demonstrating that the vast majority of funds are directed towards its mission rather than administrative costs. Additionally, the organization has effectively implemented governance policies, such as having clear conflict of interest measures and providing access to board meeting minutes and financial statements.
However, there are some limitations noted in the data, specifically the absence of a whistleblower policy and a document retention and destruction policy. While these points may suggest areas for improvement, the overall financial management and governance practices of The Bridge Fund are commendable.
This AI summary has been generated from information found on Charity Navigator.
Is The Bridge Fund legitimate?
The Bridge Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bridge Fund 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:
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Official website here: www.thebridge-fund.org
What is the mission statement of The Bridge Fund?
The mission of The Bridge Fund is to help individuals in personal crises by addressing their basic and critical needs, such as shelter, food, medical assistance, and transportation, which often go unmet by other agencies. By providing financial aid for essential expenses like rental and utility payments, the organization aims to support these individuals and families in maintaining their living situations. The Bridge Fund also extends its assistance to promote education needs within the local communities it serves.
Official website here: www.thebridge-fund.org
Who is the CEO of The Bridge Fund?
Michael Beebe is the Directorpresident of The Bridge Fund.
Official website here: www.thebridge-fund.org
What is the revenue of The Bridge Fund?
The Bridge Fund's revenue in 2022 was $843,784.
Official website here: www.thebridge-fund.org
Who are the executives of The Bridge Fund and what are their salaries?
There 25 volunteers at The Bridge Fund.
Here are 9 key members and their salaries:
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Official website here: www.thebridge-fund.org
Where can I find the form 990 for The Bridge Fund?
The Bridge Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebridge-fund.org
Learn more at the official website: www.thebridge-fund.org
Mission Statement of The Bridge Fund
The Bridge Fund, a nonprofit organization, is dedicated to aiding individuals who are grappling with personal crises and have unmet basic needs in their local communities. Its mission is to provide assistance in crucial areas such as shelter, food, medical care, and transportation, which often go unaddressed by other agencies. The organization's activities are centered around supporting these essential needs, thereby helping individuals navigate through challenging times. Specifically, The Bridge Fund focuses on providing financial aid, such as covering rental payments and utility bills, to ensure families can maintain their homes during periods of hardship.
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Impact
July, 2024
The Bridge Fund's impact is significant in providing assistance to individuals facing personal crises and supporting education needs in the local community, particularly needs that are not met by other agencies. This includes supporting with shelter, food, medical expenses, transportation, and more. The organization's focus on providing for rental payments, mortgage payments, utilities, and other essential needs helps families stay in their homes during difficult times. Through its philanthropic efforts, The Bridge Fund plays a crucial role in addressing basic and critical needs within the Bonita Springs area in Florida.
This information is meant to be a general summary of The Bridge Fund. 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: $9,342
- Gross Receipts: $847,309
Assets and Liabilities:
- Total Assets: $1,100,936
- Total Liabilities: $0
- Net Assets: $1,100,936
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Organization Details
Founding Year
2012
Principal Officer
Michael Beebe
Main Address
23530 Peppermill Court, Bonita Springs, FL, 34134
Website
www.thebridge-fund.orgNTEE Category
Code: T30 - Philanthropy
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