Overview
What is Bridges Educational Foundation Inc?
Bridges Educational Foundation Inc, based in State Road, North Carolina, is a nonprofit organization primarily known for its operation of a public charter school. This establishment provided educational services to approximately 124 students, serving as a hub for learning and development until its closure on June 30, 2021. The foundation's primary mission was to foster education in the local community through its charter school.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and financial health, with a specific emphasis on the organization’s governance practices. Notably, Bridges Educational Foundation Inc has a fully independent board, which demonstrates strong governance oversight.
The foundation has a solid program expense ratio of 67.48%, indicating that a significant portion of its funds is directed towards its programs. However, the lack of accessible financial statements and the absence of several key policies, such as a whistleblower policy and posting of tax forms on its website, suggest areas where the organization could improve its transparency and accountability to the public.
While there are strengths in its governance and program spending, the charity's overall rating is hindered by the missing financial disclosures and policies that would enhance public trust. Bridging these gaps could improve its standing and donor confidence in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Bridges Educational Foundation Inc legitimate?
Bridges Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridges Educational Foundation 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: $0
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What is the mission statement of Bridges Educational Foundation Inc?
Bridges Educational Foundation Inc's mission was centered around operating a public charter school. The primary objective of this organization was to provide educational opportunities for approximately 124 students. This mission was carried out effectively until the school's closure on June 30, 2021. The foundation's role extended beyond just providing education, as it aimed to foster an environment that would enable these students to thrive academically. However, specific details regarding the educational approach, values, or long-term goals of Bridges Educational Foundation Inc are not provided in the information.
Who is the CEO of Bridges Educational Foundation Inc?
John A Northen is the Board of Bridges Educational Foundation Inc.
What is the revenue of Bridges Educational Foundation Inc?
Bridges Educational Foundation Inc's revenue in 2023 was $1,392,318.
Who are the executives of Bridges Educational Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bridges Educational Foundation Inc?
Bridges Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bridges Educational Foundation Inc
Bridges Educational Foundation Inc, a nonprofit organization, was dedicated to the operation of a public charter school. The primary mission of this foundation was to provide quality education to approximately 124 students. Situated in State Road, NC, Bridges Academy, an establishment under Bridges Educational Foundation Inc, served as the platform for this mission. The foundation operated this school until its closure on June 30, 2021. The primary objective of Bridges Academy was to ensure that each student received a well-rounded education, preparing them for their future endeavors.
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Impact
July, 2024
Bridges Educational Foundation Inc made a significant impact through the operation of Bridges Academy, a public charter school in State Road, NC. The school had a mission to provide education for approximately 124 students until its closure on June 30, 2021. By offering an innovative approach to education, Bridges Educational Foundation Inc played a crucial role in shaping the academic and personal development of students in the Chapel Hill area.
This information is meant to be a general summary of Bridges Educational Foundation 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 2023.
- Gross Receipts: $1,392,318
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1996
Phone
(919) 948-6821Principal Officer
John A Northen
Main Address
1414 Raleigh Road STE 435, Chapel Hill, NC, 27517
NTEE Category
Code: B24 - Education
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