Bridge Funding Foundation

Nonprofit profile at a glance

EIN
933203188
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Ewa Beach, HI, USA
Phone
8087231668
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$15,220
Expenses
$14,517
Assets
$1,203
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Jacob Ferrer (President)
  • Lorelei Ferrer (Vice President)

People named in this filing

  • Jacob Ferrer (President)
  • Lorelei Ferrer (Vice President)
  • Arturo Ferrer (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our Main mission is to provide relief for the poor, distressed, and unprivileged. Our goal is to provide basic necessities like food, water, clothing, and financial assistance while also serving as a conduit for those who believe in the power of giving, offering them a 100% tax deductible for their contributions.

What it reported doing in 2024

We Helped and Supported other 501(c)(3) organizations in our community that is inclined to our mission : Make A Wish Foundation, Hawaii Food Bank, Shriners, Fortress of the bear, alltroo, save the children, and Calvary chapel.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.4%; rating input score 93
  • Program expense ratio: 97.9%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.6%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 28.8% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 28.4% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 82.6% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 93.4% of revenue deployed · 97.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $14K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.