Overview
What is Bridges Child Placement Agency?
Bridges Child Placement Agency is a nonprofit organization dedicated to placing children in foster care. Specialized in this particular service, the agency's primary focus is on fostering care programs, which form the core of their operations. The organization's mission is to offer support and a safe environment for children in need, providing essential resources to ensure their well-being. Bridges Child Placement Agency plays a significant role in the community, offering foster care services to contribute to the overall betterment of children in crisis situations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (64%, Two-Star out of Four Star rating)
Bridges Child Placement Agency received a "Needs Improvement" rating from Charity Navigator, indicating concerns regarding its governance and accountability practices. The organization scored poorly on several key metrics, including the independence of its board members and the presence of essential policies like conflict of interest and whistleblower protections. However, it demonstrated solid financial management practices, reflected in its perfect audit score and low liabilities to assets ratio.
Despite its challenges in governance, Bridges Child Placement Agency does allocate a significant portion of its expenses towards programs, with a program expense ratio of 64.28%. This suggests that a majority of funds are being directed toward its mission, rather than administrative costs. The organization has also earned points for maintaining proper documentation, such as board meeting minutes and document retention policies.
Overall, while the agency shows strengths in financial accountability and program expenses, the lack of an independent board and necessary governance policies highlight areas that need urgent attention to improve its operational transparency and trustworthiness. Addressing these issues could enhance its standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bridges Child Placement Agency legitimate?
Bridges Child Placement Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridges Child Placement Agency 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: $220,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Bridges Child Placement Agency?
Bridges Child Placement Agency is dedicated to its mission of placing children in foster care. This organization specializes in providing foster care services, with its programs primarily focused on this crucial area. The primary objective of Bridges Child Placement Agency is to offer foster care to children in need, making it the mainstay of their operations.
Who is the CEO of Bridges Child Placement Agency?
Mike Hinkle is the Principal Officer of Bridges Child Placement Agency.
What is the revenue of Bridges Child Placement Agency?
Bridges Child Placement Agency's revenue in 2023 was $623,349.
Who are the executives of Bridges Child Placement Agency and what are their salaries?
The average compensation at Bridges Child Placement Agency during 2023 was $55,196. There are 4 employees and 6 volunteers at Bridges Child Placement Agency.
Here are 2 key members and their salaries:
- Compensation: $71,280
- Related: $0
- Other: $0
- Compensation: $79,410
- Related: $0
- Other: $0
Where can I find the form 990 for Bridges Child Placement Agency?
Bridges Child Placement Agency's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bridges Child Placement Agency
Bridges Child Placement Agency, a renowned organization, is dedicated to its mission of placing children in foster care. This nonprofit specializes in providing foster care services, with its programs primarily revolving around this critical aspect. The agency's main focus is to offer a safe and nurturing environment for children in need, providing them with the care and support they require during challenging times. By prioritizing foster care, Bridges Child Placement Agency aims to contribute positively to the lives of these children, offering them a chance at a brighter future.
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Impact
July, 2024
Bridges Child Placement Agency's impact is profound in the field of child placement services. By specializing in placing children in foster care, the agency plays a crucial role in ensuring the well-being and safety of vulnerable children in need. Through its programs focused on providing foster care, Bridges Child Placement Agency makes a direct and tangible difference in the lives of these children by offering them a stable and supportive environment. This impact extends beyond the individual children served to positively affect families, communities, and society as a whole.
This information is meant to be a general summary of Bridges Child Placement Agency. 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.
- Investment Income: $8,271
- Program Service Revenue: $616,901
- Gross Receipts: $623,349
Assets and Liabilities:
- Total Assets: $1,044,641
- Total Liabilities: $96,333
- Net Assets: $948,308
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DSS FUNDING
Revenue
$616,901
Organization Details
Founding Year
1995
Phone
(719) 583-2200Principal Officer
Mike Hinkle
Main Address
1225 N MAIN ST, PUEBLO, CO, 810032827
NTEE Category
Code: P30 - Human services
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