Overview
What is A Bridge To Opportunity Inc?
A Bridge To Opportunity Inc, also known as Women's Affordable Housing, is a nonprofit organization situated in Pasadena, Texas. Their primary mission is to offer subsidized housing to individuals and families who have experienced domestic violence and sexual assault. Specifically, they operate a 30-unit facility known as Destiny Village, providing both temporary and permanent housing units for low-income survivors of these traumatic experiences. The organization strives to provide a safe and supportive environment for these individuals and families in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
A Bridge To Opportunity Inc has earned a solid Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating indicates a reliable level of accountability and financial health, highlighting the organization’s commitment to effective governance practices. The charity has achieved full marks in several categories, including the presence of a conflict of interest policy and a whistleblower policy, showcasing its commitment to transparency and ethical operations.
The organization boasts a fully independent board, with all members meeting the criteria for independence. This governance structure is further supported by a robust liability to assets ratio of 39.28%, indicating healthy financial management. Additionally, A Bridge To Opportunity Inc is impressive in its program expense ratio, maintaining a 100% allocation to program expenses, which suggests that the majority of its resources are effectively directed toward its mission.
While the overall rating is strong, the organization still faces the ongoing challenge of maintaining its operational effectiveness and transparency as it grows. Continued diligence in adhering to best practices in governance and financial management will be essential for sustaining its positive reputation and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is A Bridge To Opportunity Inc legitimate?
A Bridge To Opportunity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Bridge To Opportunity 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.
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Professional Fundraising Fees: $0
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What is the mission statement of A Bridge To Opportunity Inc?
A Bridge To Opportunity Inc's mission is centered around operating a 30-unit housing facility, both permanent and temporary, named Destiny Village. This facility is specifically designed for renting to low-income individuals and families who have been victims of domestic violence and sexual assault. The organization's primary objective is to provide them with a safe and subsidized living space, aiming to offer a bridge towards overcoming their traumatic experiences. The organization's mission is to support these survivors in their recovery and help them rebuild their lives.
Who is the CEO of A Bridge To Opportunity Inc?
Paula Durrett is the President of A Bridge To Opportunity Inc.
What is the revenue of A Bridge To Opportunity Inc?
A Bridge To Opportunity Inc's revenue in 2022 was $628,513.
Who are the executives of A Bridge To Opportunity Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for A Bridge To Opportunity Inc?
A Bridge To Opportunity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of A Bridge To Opportunity Inc
A Bridge To Opportunity Inc, as an organization, is dedicated to providing subsidized housing for individuals and families who have been victims of domestic violence and sexual assault. Their mission is to operate a 30-unit permanent and temporary housing facility known as Destiny Village, which is specifically designed for these survivors. This facility, under the name of A Bridge To Opportunity Inc, serves as a safe and secure space for those in need, offering them a chance to rebuild their lives without the fear of further harm. The organization's primary objective is to provide a safe and supportive environment where these survivors can begin their journey towards healing and recovery.
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Impact
July, 2024
A Bridge To Opportunity Inc's impact can be seen in the lives it touches through Destiny Village, a 30-unit permanent and temporary housing facility in Pasadena, TX. By providing subsidized housing to low-income individuals and families who are survivors of domestic violence and sexual assault, the organization offers a safe haven and a chance to rebuild their lives. This initiative not only addresses the immediate need for shelter but also supports the long-term healing and empowerment of those facing these traumatic experiences. Through its housing program, A Bridge To Opportunity Inc is creating a pathway for survivors to move beyond their past and towards a brighter future.
This information is meant to be a general summary of A Bridge To Opportunity 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: $75
- Program Service Revenue: $628,438
- Gross Receipts: $628,513
Assets and Liabilities:
- Total Assets: $1,802,122
- Total Liabilities: $727,277
- Net Assets: $1,074,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD Rent Subsidy
Revenue
$264,985
Client Rent
Revenue
$26,208
Other HUD
Revenue
$80,526
Rent from TBOTW
Revenue
$256,719
Organization Details
Founding Year
1998
Phone
(281) 433-7486Principal Officer
Paula Durrett
Main Address
701 FAIRMONT PKWY 401, PASADENA, TX, 77504
NTEE Category
Code: L41 - Housing
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