Overview
What is Bridge House?
Bridge House is a nonprofit organization situated in Boulder, Colorado, specifically at 5345 Arapahoe Ave 5. Their primary mission is to assist individuals experiencing homelessness by addressing their immediate survival needs and facilitating their journey towards employment, housing, personal stability, and healing. The organization operates under the belief that people experiencing homelessness are capable and willing to work, and its flagship program, Ready to Work, offers paid transitional work opportunities, housing, and case management for a period of one year. The Ready to Work program currently accommodates and employs 44 men and women. This holistic approach enables participants to become active contributors to the community, paying taxes and contributing to the community while residing at the Ready to Work House for a year.
Official website here: www.boulderbridgehouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
Bridge House has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial transparency. The organization is recognized for having a fully independent board, with all 19 members meeting the independence criteria. This structure supports effective governance and oversight, ensuring that the charity operates with integrity.
The financial health of Bridge House is commendable, with a program expense ratio of 80.69%, indicating that a significant majority of its resources are directed towards its programs and services. Additionally, the organization demonstrates solid financial practices, such as maintaining a low liabilities to assets ratio of 26.16%, which suggests prudent management of its financial obligations.
While the data highlights many strengths, the summary does not indicate any specific areas for improvement or limitations. Overall, Bridge House stands out as a highly accountable and financially sound nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bridge House?
92% of 21 reviewers on Facebook recommend Bridge House. Here is a summary of their reviews:
Many individuals express profound gratitude towards this organization, highlighting the significant positive impact it has had on their lives. One reviewer specifically notes how the support received from Bridge House helped them transform their circumstances dramatically.
Overall, the sentiment is overwhelmingly positive, with users feeling that Bridge House effectively delivers on its mission to assist those in need. This nonprofit appears to foster a supportive environment that influences personal growth and recovery.
This AI summary has been generated from reviews found on Facebook.
Is Bridge House legitimate?
Bridge House is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $146,232
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,224,905
For more financial information, click here
Official website here: www.boulderbridgehouse.org
What is the mission statement of Bridge House?
Bridge House's mission is centered around addressing the immediate survival needs of individuals who are homeless. Their primary goal is to provide resources that facilitate employment, secure housing, establish personal stability, and promote healing. Their approach, known as the Ready to Work program, is a business-oriented solution to tackle complex social issues such as homelessness, joblessness, and criminal recidivism. The program offers paid transitional work opportunities, housing in a supportive environment, and case management for a year, aiming to prepare individuals for mainstream employment and independent living. By participating in the program, individuals become active members of the community, contributing to society while residing in the Ready to Work House and paying taxes and room and board. Currently, the program serves 44 individuals.
Official website here: www.boulderbridgehouse.org
Who is the CEO of Bridge House?
Melissa Green is the CEO of Bridge House The CEO's salary of Bridge House is $133,618 and their total compensation is $139,147.
Official website here: www.boulderbridgehouse.org
What is the revenue of Bridge House?
Bridge House's revenue in 2023 was $3,573,818.
Official website here: www.boulderbridgehouse.org
Who are the executives of Bridge House and what are their salaries?
The average compensation at Bridge House during 2023 was $15,808. There are 150 employees and 998 volunteers at Bridge House.
Here are 21 key members and their salaries (Bridge House's CEO's salary is $133,618 and their total compensation is $139,147):
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Official website here: www.boulderbridgehouse.org
Where can I find the form 990 for Bridge House?
Bridge House's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.boulderbridgehouse.org
Learn more at the official website: www.boulderbridgehouse.org
Mission Statement of Bridge House
Bridge House, a nonprofit organization, is committed to addressing the immediate survival needs of individuals experiencing homelessness. Its mission is twofold: firstly, to provide resources that lead to employment, housing, personal stability, and healing. Secondly, Bridge House strives to create opportunities that empower individuals to become self-sufficient and independent.
To achieve this mission, Bridge House operates under a unique approach called the 'Ready to Work' program. This program adopts a business-oriented strategy to tackle complex social issues such as homelessness, joblessness, and criminal recidivism. The core belief behind Ready to Work is that given the chance, individuals experiencing homelessness are willing and capable of working towards a better life.
The Ready to Work program offers three key elements to its trainees. Firstly, participants engage in paid work opportunities within a social enterprise, thereby contributing to their community and gaining work experience. Secondly, they reside in a supportive, communal setting known as the 'Ready to Work House'. This environment fosters a sense of responsibility and community, as residents pay taxes, room, and board, and commit to staying for a year. Lastly, trainees undergo case management for a year before graduating to mainstream employment and independent housing.
In summary, Bridge House's mission is to provide immediate survival resources to individuals experiencing homelessness, aiming to facilitate their transition to employment, housing, and personal stability. Through its innovative 'Ready to Work' program, Bridge House offers a comprehensive solution that empowers individuals to become self-sufficient and independent members of their communities.
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Impact
July, 2024
Bridge House's impact can be seen in their Ready to Work program, which provides a "work-first" solution to address homelessness. By offering paid transitional work opportunities and supportive housing, Bridge House empowers individuals experiencing homelessness to become self-sufficient and independent. Through this program, participants are able to gain employment, stability, and healing, breaking the cycle of homelessness. Additionally, by paying taxes and contributing to the community, Ready to Work participants become active members of society, ultimately benefiting both themselves and the broader community.
This information is meant to be a general summary of 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 2023.
- Investment Income: $185,740
- Program Service Revenue: $1,161,769
- Gross Receipts: $3,956,676
Assets and Liabilities:
- Total Assets: $17,746,870
- Total Liabilities: $4,642,774
- Net Assets: $13,104,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Community Table Kitchen
Revenue
$562,016
Ready to Work
Revenue
$407,358
Ready to Work Rent
Revenue
$162,355
Program Rent Revenue
Revenue
$30,040
Organization Details
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