Overview
What is The Bridge Of Southern New Mexico?
The Bridge of Southern New Mexico is a nonprofit organization situated in Las Cruces, New Mexico, with a focus on enhancing high school graduation rates and creating seamless pathways for students from high school to college or careers. Established in 2007, the organization has significantly raised graduation rates from 51% to 83%, projecting annual income increases of 6 to 10 million dollars from these graduates. The Bridge has collaborated with 25 public and private sector partners, including launching the Arrowhead Park Early College High School, which consistently maintains near 100% graduation rates. This successful model has served as an inspiration for the state. The Bridge continues its mission by advocating for dual credit courses and addressing its second goal, building a skilled and ready workforce for the county, leading a partnership to guide future efforts in the region.
Official website here: www.thebridgeofsnm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Bridge Of Southern New Mexico has achieved an impressive rating of 97%, reflecting its strong commitment to accountability and financial health. This high score, which results in a Four-Star rating, indicates that the organization is effectively managing its resources and maintaining transparency in its operations.
One of the key strengths of this nonprofit is its governance structure, featuring a fully independent board with 15 members. The organization has demonstrated excellent practices by having no material diversion of assets, and it adheres to various policies including conflict of interest and whistleblower protections. Additionally, the program expense ratio stands at an impressive 89.99%, indicating that the majority of its resources are directed towards its programs rather than administrative costs.
While the data showcases numerous strengths, it is important to remain informed about any potential challenges the organization may face in the future. However, based on the information available, The Bridge Of Southern New Mexico appears to be a well-managed nonprofit focused on its mission and effective in its financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is The Bridge Of Southern New Mexico legitimate?
The Bridge Of Southern New Mexico is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bridge Of Southern New Mexico 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: $106,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thebridgeofsnm.org
What is the mission statement of The Bridge Of Southern New Mexico?
The Bridge of Southern New Mexico aims to foster collaboration between the public and private sectors, leveraging resources to enhance educational excellence and optimize the local workforce. Its primary objective is to serve as a connector for the educational, workforce development, and economic development assets in the region, with the goal of increasing high school graduation rates and creating smooth transitions for students from high school to college or careers. Since its inception, the Bridge has seen a significant increase in graduation rates, from 51% in 2007 to 83% in 2020. This improvement in graduation rates is projected to result in increased annual income for the county's graduates, ranging from 6 to 10 million dollars. The Bridge has successfully partnered with 25 public and private sector partners and has played a key role in launching the Arrowhead Park Early College High School, which boasts near 100% graduation rates. The Bridge continues to advocate for dual credit courses, which have been linked to the county's rising graduation rates and are supported by numerous research studies. Currently, the organization is focusing on its second goal: building a skilled and ready workforce for the county, leading a collaboration of partners to guide future efforts in the region.
Official website here: www.thebridgeofsnm.org
Who is the CEO of The Bridge Of Southern New Mexico?
Tracey P Bryan is the Ceo/Presiden of The Bridge Of Southern New Mexico. The CEO's salary of The Bridge Of Southern New Mexico is $106,875 and their total compensation is $106,875.
Official website here: www.thebridgeofsnm.org
What is the revenue of The Bridge Of Southern New Mexico?
The Bridge Of Southern New Mexico's revenue in 2022 was $155,029.
Official website here: www.thebridgeofsnm.org
Who are the executives of The Bridge Of Southern New Mexico and what are their salaries?
The average compensation at The Bridge Of Southern New Mexico during 2022 was $106,875. There is 1 employee and 80 volunteers at The Bridge Of Southern New Mexico.
Here are 16 key members and their salaries (The Bridge Of Southern New Mexico's CEO's salary is $106,875 and their total compensation is $106,875):
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Official website here: www.thebridgeofsnm.org
Where can I find the form 990 for The Bridge Of Southern New Mexico?
The Bridge Of Southern New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebridgeofsnm.org
Learn more at the official website: www.thebridgeofsnm.org
Mission Statement of The Bridge Of Southern New Mexico
The Bridge of Southern New Mexico, a collaborative entity, seeks to foster a connection between education and employment opportunities. Its mission is to boost the economic empowerment of families and enhance the prosperity of the region. The organization facilitates collaboration and leverages resources between public and private sectors, supporting educational excellence and optimizing the county's workforce. By doing so, The Bridge of Southern New Mexico aims to increase high school graduation rates and create seamless pathways for students from high school to college or career.
Since its inception, the organization's efforts have yielded significant results. High school graduation rates have surged from 51% in 2007 to 83% in 2020. This increase in graduation rates is projected to generate increased annual incomes for these graduates, ranging from 6 to 10 million dollars. The Bridge of Southern New Mexico has partnered with and connected 25 public and private sector partners to achieve these goals. One of its most notable achievements is the launch of the Arrowhead Park Early College High School, which continues to boast near 100% graduation rates. The school, along with the business-led education-focused partnership, has served as a model for the state.
The Bridge of Southern New Mexico remains committed to its mission. Currently, it is leading a collaboration of partners in implementing a plan to guide future efforts in the county and region. The organization is particularly focused on addressing its second goal, which is to build a skilled and ready workforce for the county. By fostering collaboration and leveraging resources, The Bridge of Southern New Mexico continues to play a pivotal role in the economic development and educational success of the region.
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Impact
October, 2024
The Bridge of Southern New Mexico has significantly transformed the educational landscape and workforce development in Dona Ana County. For years, it has acted as a vital connector between education and employment, driving economic empowerment for families in the region. This initiative has led to a remarkable increase in high school graduation rates, soaring from 51% in 2007 to 83% in 2020. Such an increase not only enhances individual futures but also translates to an estimated annual income boost of $6 to $10 million for the county, directly benefiting the local economy.
The Bridge's efforts have culminated in the establishment of the Arrowhead Park Early College High School, achieving near 100% graduation rates. This model of education, driven by a partnership between the business sector and educational institutions, exemplifies best practices and has become a benchmark for other regions in the state.
A key element of The Bridge's success lies in its advocacy for dual credit courses, which have played a critical role in improving graduation rates—an outcome supported by extensive research. The ongoing collaboration with 25 public and private sector partners showcases a comprehensive approach to educational excellence.
As The Bridge pivots towards its second goal of cultivating a skilled and ready workforce, it remains committed to guiding future initiatives that will further enhance economic prospects for the community, illustrating a sustainable model of educational and economic growth.
This information is meant to be a general summary of The Bridge Of Southern New Mexico. 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.
- Gross Receipts: $155,029
Assets and Liabilities:
- Total Assets: $310,307
- Total Liabilities: $4,603
- Net Assets: $305,704
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Organization Details
Founding Year
2009
Phone
(575) 646-2527Principal Officer
Tracey P Bryan
Main Address
3655 RESEARCH DR, LAS CRUCES, NM, 88003
Website
www.thebridgeofsnm.orgNTEE Category
Code: J22 - Employment
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