Bridge of Hope Sd Inc

Nonprofit profile at a glance

EIN
272678918
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2013
Location
San Diego, CA, USA
Phone
8584492947
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Food Banks, Pantries

Official website

Reported finances

Revenue
$1,121,358
Expenses
$1,143,773
Assets
$116,253
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • SHERI BRIGGS (President & SEC)

Highest reported compensation

  • SHERI BRIGGS (President & SEC): $33,580 total reported compensation

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

Overview

Mission

Bridge of hope helps families in transition.

What it reported doing in 2024

Bridge of Hope 2024Bridge of Hope San Diego is located in the heart of City Heights which is one of the largest refugee resettlement areas in the country.We serve hundreds of families each week that are coming to us for community, food, clothing, toiletries, baby items, furniture and household items.We have a large pool of committed volunteers who serve with us- weekly, some monthly and some come for the different special events we put on each year.Everyday at Bridge of Hope is different: Tuesdays we have ten to twelve volunteers who are committed to receiving donations, organizing donations, reloading our pantry, shelves and racks to be able to serve those families coming to us for services..Wednesday is our new family day where individuals and families are referred to us by different case workers working directly with individuals and families. On a Wednesday we have about 15 volunteers who are ready to greet those who have made an appointment to come and pick out a couple pieces of furniture, items from our kitchen and bedding department as well as a visit to our clothing closet and food pantry. Each family receives all toiletry items; including items for their kitchen and laundry.These families are all facing some kind of transition- transitioning out of homelessness, domestic violence, recovery, those dealing with a disability, veterans, refugees and immigrants, natural disaster victims or any type of crisis. This is a one time scheduled appointment. We serve up to ten families each Wednesday.Every Friday we have a large scale food distribution where we serve between 250-280 families. This is a farmers market style distribution. We provide a large variety of fresh produce, dry goods, meat, dairy, bread and pastry items. We receive anywhere from 12,000 - 14,000 pounds of food from Feeding San Diego, San Diego Food Bank, Costco, Walmart, Target, Trader Joes and Smart and Final. All are welcome. We use an intake service called Oasis. Each client fills out a simple application and receives a card to bring each week. This card has a color on it which indicates the time they can come in order to avoid long lines and disputes in the lines. Oasis also helps us keep count of families served each month. We have approximately 25-30 volunteers each Friday.Every second and fourth Saturday morning is our Community Day. We open our clothing closet to those needing clothes, and we provide a food distribution. We served on average, about 100-150 families twice a month. This is a day where families can come and enjoy participating in arts and crafts, games and hear about any upcoming events that Bridge of Hope will be hosting as well as sharing other resources available in the community. We have about 30-40 volunteers each Community Day.Gracepoint Church bought us a new swing set/ play structure for the kids to enjoy on Saturdays

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 86% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 94
  • Accountability: 5
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.7%; rating input score 99
  • Program expense ratio: 96.8%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 14.2% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 98.7% of revenue deployed · 96.8% of spending went to programs
  • Governance: 0 of 5 board members independent · 1 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $34K · 5 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.