Bridge Street AME Church
Legal name: Bridge Street Awme Church Hdfc
Nonprofit profile at a glance
- EIN
- 270132244
- IRS 990 coverage
- 2019–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 718.452.3936
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,383,027
- Expenses
- $1,382,948
- Assets
- $1,198,167
- Liabilities
- $3,494,200
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- MR CHARLES DRAKE (CHAIRMAN)
- DR NELLIE BAILEY (SECRETARY)
- MR JAMES MURRAY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bridge Street embraces and welcomes people from diverse backgrounds and denominations and has a rich history in social justice causes; it seeks to minister to the social, spiritual, and physical development of all people through community-focused service. Bridge Street prides itself on being _“The Church in the Heart of the Community with the Community at Heart”_ and looks for ways to show love to the residents of Bedford-Stuyvesant. Not only has Bridge Street organized street festivals such as “Family Unity Day” which drew over 1,000 people together for food, fun and fellowship, but Bridge Street hosts an annual Family and Friends Day in July to provide food, jazz, face painting and healthy conversations for the residents of Bed-Stuy. We have been blessed to have over 500 persons in attendance as well as the presence and support of all of our elected officials. OUR FELLOWSHIP At...
What it reported doing in 2024
Senior citizen housing
Operating model
- Revenue model
- Grant-funded. 62% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 38
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79%; rating input score 79
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 2.92; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -0.1% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: -8.4% per year; rating input score 0; 4th percentile among comparable filings
Details
- What they do: 3 operating locations identified
- Where the money goes: 79% of revenue deployed · 79% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.