Overview
What is Bridgewood Farms Inc?
Bridgewood Farms Inc is a compassionate nonprofit organization committed to empowering individuals with intellectual disabilities. Their mission is to help those who face challenges in living independently due to mental or physical impairments. They achieve this through a variety of programs, including advocacy, ceramics, adult basic education, respite care, and housing. Their goal is to partner with the community to foster an environment where these individuals can thrive and achieve their highest potential.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
Bridgewood Farms Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization shows some strengths, there are significant areas for improvement, particularly in accountability and financial transparency. The charity has a 66% score overall, with notable strengths including a fully independent board of directors and a favorable liabilities to assets ratio of 10.59%.
The organization demonstrates solid governance practices, such as having no material diversion of assets and a conflict of interest policy in place. However, the lack of financial statements, missing website information, and the absence of key policies like whistleblower and document retention policies detracts from its overall accountability score. Additionally, the program expense ratio stands at 65.91%, showing that a majority of resources are directed toward programmatic efforts, which is a positive aspect.
To enhance its rating, Bridgewood Farms Inc should focus on addressing the noted deficiencies in financial reporting and policy documentation. Improving transparency and compliance with best practices in governance could lead to a stronger rating in the future, ultimately bolstering donor confidence and support.
This AI summary has been generated from information found on Charity Navigator.
Is Bridgewood Farms Inc legitimate?
Bridgewood Farms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgewood Farms 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: $18,314
Professional Fundraising Fees: $0
Other Salaries and Wages: $508,194
For more financial information, click here
What is the mission statement of Bridgewood Farms Inc?
Bridgewood Farms Inc is committed to serving as a leading ally in the community, offering programs and services to individuals with intellectual disabilities. Their mission is to help these individuals surpass their limitations, enabling them to live up to their fullest potential despite facing mental or physical handicaps that hinder their ability to live independently. Their initiatives encompass advocacy, ceramics, adult basic education, and respite, as well as housing solutions, all aimed at empowering and supporting those in need.
Who is the CEO of Bridgewood Farms Inc?
Sheri Brown is the Chairman of Bridgewood Farms Inc.
What is the revenue of Bridgewood Farms Inc?
Bridgewood Farms Inc's revenue in 2022 was $905,414.
Who are the executives of Bridgewood Farms Inc and what are their salaries?
The average compensation at Bridgewood Farms Inc during 2022 was $26,325. There are 20 employees at Bridgewood Farms Inc.
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- Compensation: $56,748
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Where can I find the form 990 for Bridgewood Farms Inc?
Bridgewood Farms Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bridgewood Farms Inc
Bridgewood Farms Inc, a leading organization, is dedicated to partnering with the community to empower individuals who are intellectually disabled. Their mission is rooted in providing assistance to those who face mental or physical challenges, enabling them to live comfortably in society without feeling isolated. By offering a range of programs and services, Bridgewood Farms strives to help these individuals reach their highest potential.
Their offerings encompass various aspects of life, such as advocacy, ceramics, adult basic education, and respite care. Through advocacy, Bridgewood Farms works to ensure the rights and needs of intellectually disabled individuals are recognized and addressed. Their ceramics program offers a creative outlet, fostering self-expression and skill development. Adult basic education provides opportunities for personal growth and independence, while respite care offers temporary relief to primary caregivers.
In essence, Bridgewood Farms Inc serves as a premier provider, working hand-in-hand with the community to support and uplift individuals with intellectual disabilities. By offering a comprehensive suite of programs, they strive to empower their clients, helping them navigate the challenges they face and reach their full potential.
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Impact
July, 2024
Bridgewood Farms Inc's impact is profound in the community of Conroe, Texas. By providing assistance to individuals with mental or physical handicaps that hinder their ability to live independently, Bridgewood Farms plays a crucial role in improving the quality of life for these individuals. Through their advocacy, ceramics, adult basic education, respite care, and housing programs, Bridgewood Farms empowers intellectually disabled individuals to reach their highest potential. This organization not only enhances the lives of those they serve but also fosters inclusivity and support within the community. Their dedication to human services is evident in their commitment to making a meaningful difference in the lives of vulnerable individuals.
This information is meant to be a general summary of Bridgewood Farms 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.
- Program Service Revenue: $528,974
- Gross Receipts: $930,452
Assets and Liabilities:
- Total Assets: $1,841,924
- Total Liabilities: $218,993
- Net Assets: $1,622,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$292,135
Housing
Revenue
$236,839
Organization Details
Founding Year
1967
Principal Officer
Sheri Brown
Main Address
11680 Rose Road, Conroe, TX, 77303
NTEE Category
Code: P82 - Human services
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