Overview
What is Bridges Of Norman Inc?
Bridges of Norman Inc, located in Norman, Oklahoma, is a nonprofit organization dedicated to supporting high school students facing family crises. Their mission is to empower these students, enabling them to pursue their education without encountering insurmountable obstacles. In 2022, they assisted 90 students, providing them with essential school supplies, connections to social service agencies, emergency medical and food aid, affordable housing with sliding scale rents, and case management. As a result, 13 seniors successfully graduated from high school. The organization, with a team of five dedicated individuals, strives to make a positive impact on these students' lives and help them achieve their educational goals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Bridges Of Norman Inc has achieved a commendable rating of 94% on Charity Navigator, reflecting its strong performance in accountability and finance. The organization has earned a Four-Star rating due to its perfect score in key areas such as independent board governance, financial oversight, and the management of assets. This level of transparency and effective financial practices indicates a commitment to responsible stewardship of donations.
The organization boasts a fully independent board with 100% of its members being independent, ensuring that decisions are made without conflicts of interest. Additionally, their program expense ratio stands at an impressive 82.82%, demonstrating that the majority of their funding is directed towards their programs and mission rather than administrative costs. Their adherence to best practices in financial management further strengthens their standing.
While the data reflects a robust financial and governance structure, there are no noted limitations or concerns regarding the organization’s operations. Overall, Bridges Of Norman Inc exemplifies a nonprofit that effectively utilizes its resources to fulfill its mission while maintaining a high standard of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Bridges Of Norman Inc legitimate?
Bridges Of Norman Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridges Of Norman 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:
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Other Salaries and Wages: $228,357
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What is the mission statement of Bridges Of Norman Inc?
Bridges of Norman Inc's mission is centered around empowering high school students going through family crises. Their primary goal is to help these students overcome educational obstacles and graduate from high school successfully. The organization provides various support services, including school necessities, connections with social service agencies, emergency medical and food assistance, temporary housing with sliding scale rents, and case management. These comprehensive resources enable students to overcome challenges and continue their education, ultimately leading to 13 seniors graduating from high school in 2022.
Who is the CEO of Bridges Of Norman Inc?
Stacy Bruce is the Executive Director of Bridges Of Norman Inc.
What is the revenue of Bridges Of Norman Inc?
Bridges Of Norman Inc's revenue in 2022 was $722,230.
Who are the executives of Bridges Of Norman Inc and what are their salaries?
The average compensation at Bridges Of Norman Inc during 2022 was $45,671. There are 5 employees at Bridges Of Norman Inc.
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Where can I find the form 990 for Bridges Of Norman Inc?
Bridges Of Norman Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bridges Of Norman Inc
Bridges of Norman Inc, a nonprofit organization, is dedicated to empowering high school students facing family crises. Its mission is to remove educational obstacles for these students, enabling them to complete their high school education unhindered. The organization provides various support services to achieve this goal. In 2022 alone, Bridges of Norman helped 90 high school students, offering school necessities, connections with social service agencies, and emergency medical, food, and housing assistance. The organization also provides case management, ensuring students can graduate high school. Remarkably, 13 seniors successfully graduated from high school with the support of Bridges of Norman Inc. The nonprofit's mission is crucial in providing a pathway for these students to overcome their family crises and pursue their educational goals.
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Impact
July, 2024
Bridges Of Norman Inc plays a vital role in empowering high school students in family crisis to pursue education without obstacles. In 2022 alone, the organization assisted 90 high school students by providing essential support such as school needs, connections with social services agencies, emergency medical and food aid, housing with sliding scale rents, and case management. As a result of their intervention, 13 seniors were able to successfully graduate from high school. Based in Norman, Oklahoma, Bridges Of Norman Inc is committed to ensuring that these vulnerable students have the necessary resources and guidance to achieve their educational goals despite facing challenging circumstances. Their impactful work falls under the category of human services, making a significant difference in the lives of those they support.
This information is meant to be a general summary of Bridges Of Norman 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.
- Investment Income: $2,437
- Gross Receipts: $722,230
Assets and Liabilities:
- Total Assets: $1,236,235
- Total Liabilities: $36,751
- Net Assets: $1,199,484
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Organization Details
Founding Year
1997
Principal Officer
Stacy Bruce
Main Address
1670 STUBBEMAN, Norman, OK, 73070
NTEE Category
Code: P70 - Human services
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