Overview
What is The Bridge House?
The Bridge House, with its headquarters located at 7415 Indiana Avenue, Little Rock, AR 72207, is a nonprofit organization dedicated to the mental well-being of mature adults in Central Arkansas. Their primary mission is to offer training courses, informal instruction, mentor-guidance, and practice in competitive contract bridge. This activity aims to enhance mental agility, specifically memory and logic, during the senior years of citizens. The organization believes in the importance of nurturing and strengthening these cognitive abilities to enrich the lives of its members.
Official website here: www.bridgewebs.com/thebridgehouselittleroc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating
The Bridge House received a low rating of 54% from Charity Navigator, reflecting significant concerns regarding its accountability and financial management. While the organization demonstrates strengths such as a fully independent board and proper documentation of board meeting minutes, it has critical gaps in its governance policies, including missing conflict of interest and whistleblower policies, which adversely impact its overall score.
The financial health of The Bridge House shows some positive aspects, like a favorable liabilities to assets ratio of 11.14% and a solid majority of program expenses. However, its low program expense ratio of 52.53% raises questions about the proportion of funds allocated to its programs versus administrative costs. Additionally, the absence of important documents on its website, such as the tax form, indicates a need for improved transparency.
Overall, while The Bridge House fulfills certain governance criteria effectively, the gaps in policy and financial allocation suggest areas for improvement to enhance accountability and public trust. Stakeholders should be cautious and consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Bridge House legitimate?
The Bridge House is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bridge House 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.
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Official website here: www.bridgewebs.com/thebridgehouselittleroc
What is the mission statement of The Bridge House?
The Bridge House, an organization serving the mature adult population in Central Arkansas, is committed to enhancing and preserving the cognitive abilities of memory and logic among its members as they progress through their senior years. To achieve this goal, the organization offers formal training courses, informal instruction, mentor-guidance, and opportunities for competitive contract bridge. By engaging in these activities, individuals can improve their mental agility and maintain cognitive sharpness during their later years.
Official website here: www.bridgewebs.com/thebridgehouselittleroc
Who is the CEO of The Bridge House?
Diane Lord is the Secretary of The Bridge House.
Official website here: www.bridgewebs.com/thebridgehouselittleroc
What is the revenue of The Bridge House?
The Bridge House's revenue in 2022 was $101,873.
Official website here: www.bridgewebs.com/thebridgehouselittleroc
Who are the executives of The Bridge House and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.bridgewebs.com/thebridgehouselittleroc
Where can I find the form 990 for The Bridge House?
The Bridge House's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bridgewebs.com/thebridgehouselittleroc
Learn more at the official website: www.bridgewebs.com/thebridgehouselittleroc
Mission Statement of The Bridge House
The Bridge House, a nonprofit organization, is dedicated to serving the mature adult population in Central Arkansas. Its primary mission is to enhance and maintain the mental capabilities of memory and logic in these individuals as they progress through their senior years. To achieve this goal, The Bridge House offers formal training courses, informal instruction, mentor-guided sessions, and competitive contract bridge practice. By engaging in these activities, the organization aims to improve mental agility and cognitive function in the senior population, thereby enriching their lives during their later years.
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Impact
October, 2024
The Bridge House significantly enhances the mental agility of mature adults in Central Arkansas by focusing on memory and logic development through a structured learning environment. By offering formal training courses and informal instruction in competitive contract bridge, it fosters cognitive engagement and social interaction among seniors. Participants not only improve their mental capabilities but also build community connections, which are vital for emotional well-being. The emphasis on both instruction and mentorship ensures that individuals receive personalized guidance, allowing them to grow and thrive in their later years. Overall, The Bridge House plays a crucial role in enriching the lives of seniors, empowering them to maintain their cognitive functions and promoting a vibrant, active lifestyle.
This information is meant to be a general summary of The Bridge House. 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: $153
- Program Service Revenue: $9,305
- Gross Receipts: $165,286
Assets and Liabilities:
- Total Assets: $1,090,642
- Total Liabilities: $121,600
- Net Assets: $969,042
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$9,305
Organization Details
Founding Year
2003
Principal Officer
Diane Lord
Main Address
7415 INDIANA AVENUE, LITTLE ROCK, AR, 72207
NTEE Category
Code: N50 - Recreation
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