Bridge To Brighter Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 863317249 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Bridge To Brighter Inc?

Bridge To Brighter Inc is a nonprofit organization located in Madison, Wisconsin, with a focus on assisting youth as they transition from foster care to adult life. The organization, established in late 2021, employs a team of two dedicated individuals. The mission of Bridge To Brighter Inc involves providing support and guidance to these young people, aiding them in their transition to becoming self-sufficient adults contributing positively to society. To accomplish this, the nonprofit purchased an eight-unit apartment building in September 2021, which serves as a residence for the youth in the program. The organization's board, comprised of experts in various fields, including some who work with foster children and a former foster care youth, contributes to the success of the program.

Is Bridge To Brighter Inc legitimate?

Bridge To Brighter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge To Brighter 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $248,863
Other Salaries and Wages: $147,206

For more financial information, click here

What is the mission statement of Bridge To Brighter Inc?

Bridge to Brighter Inc's mission is centered around assisting youth as they transition from foster care into adult life. Their goal is to provide support during this critical period, aiding these individuals in becoming productive members of society. They have established their mission, hiring an executive director and assembling a board of directors with expertise in relevant fields. The board includes individuals who currently work with foster children and a young man who successfully navigated the transition from foster care to adulthood. In late 2021, they acquired an eight-unit apartment building to house and mentor these young people during their transition. Their first participant joined the program in October 2021.

Who is the CEO of Bridge To Brighter Inc?

Kevin Mehring is the Ceo of Bridge To Brighter Inc. The CEO's salary of Bridge To Brighter Inc is $0 and their total compensation is $0.

What is the revenue of Bridge To Brighter Inc?

Bridge To Brighter Inc's revenue in 2022 was $447,874.

Who are the executives of Bridge To Brighter Inc and what are their salaries?

The average compensation at Bridge To Brighter Inc during 2022 was $73,603. There are 2 employees at Bridge To Brighter Inc.


Here are 4 key members and their salaries (Bridge To Brighter Inc's CEO's salary is $0 and their total compensation is $0):


Kevin Mehring (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Sgarlata (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Malvick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bridge To Brighter Inc?

Bridge To Brighter Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bridge To Brighter Inc

Bridge To Brighter Inc is committed to assisting youth as they transition from foster care to adult life. Their mission is centered around providing support and guidance during this critical period, aiming to equip these young individuals with the tools necessary to become contributing members of society. The organization has a dedicated team, including an executive director and a board of directors with expertise in various fields, some of whom have worked with foster children themselves. One of the unique aspects of Bridge To Brighter Inc is their recent acquisition of an eight-unit apartment building, which they use to house youth in their program. Their first participant joined the program in October 2021, marking the beginning of their journey to help young adults navigate the challenges of adulthood after foster care.

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Impact




October, 2024

Bridge To Brighter Inc has a profound impact on youth transitioning out of foster care by providing essential support and mentorship as they navigate the challenges of adult life. The organization focuses on helping these young individuals build the skills and confidence needed to become successful, contributing members of society.

By incorporating insights from a diverse Board of Directors, which includes professionals experienced in working with foster children and individuals who have personally aged out of the system, the organization combines expert knowledge with real-world perspective. This approach ensures that the guidance offered is relevant and empathetic to the unique circumstances these youth face.

The purchase of an eight-unit apartment building allows for a structured living environment where young people can receive hands-on mentorship while actively participating in their transition to independence. Since welcoming its first youth in October 2021, Bridge To Brighter Inc has created a supportive community where individuals can feel secure, learn vital life skills, and foster connections that will aid them in their journey toward adulthood.

Overall, Bridge To Brighter Inc has not only provided a physical space for these youth but has also created a pathway toward self-sufficiency, helping them overcome potential obstacles and realize their potential as engaged members of the community.




This information is meant to be a general summary of Bridge To Brighter 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.

Revenue
$447,874 (2022)
Expenses
$490,167 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $490
  • Program Service Revenue: $480,013
  • Gross Receipts: $515,222

Assets and Liabilities:

  • Total Assets: $553,323
  • Total Liabilities: $3,066
  • Net Assets: $550,257

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS RECEIVED MMF

Revenue

$320,000

CONTRIBUTIONS OTHER

Revenue

$160,013

Organization Details

Principal Officer

Kevin Mehring

Main Address

3158 WAUCHEETA TRAIL, MADISON, WI, 53711

NTEE Category

Code: P32 - Human services

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