Bridging The Opportunity Gap

Nonprofit profile at a glance

EIN
882510081
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Sioux Falls, SD, USA
Phone
6052069889
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Leadership Development

Reported finances

Revenue
$194,940
Expenses
$314,445
Assets
$34,263

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

Leadership & pay

13 people listed

People named in this filing

  • Benson Langat (Director)
  • Cindy Peterson (Director)
  • Dawn Marie Johnson (Director)

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

Bridging the Opportunity Gap empowers individuals and communities to reach their full potential through leadership development, collaboration, and meaningful conversations.

What it reported doing in 2024

Bridging the Gap provides several 12-16 week leadership training programs, all focusing on skills, relationships, and confidence with the goal of developing the next generation of leaders for our community. The programs are customized into six primary cohorts: those who have been impacted by the justice system {Justice Impacted cohort}, those who are young adults {Next Gen cohort}, those who speak Spanish as a primary language {En Espanol cohort}, those who are incarcerated {Behind the Walls}, those who are training up the communities' youth {Educators cohort}, and those who come from underserved and diversified communities {Emerging Leaders cohort}. We also host an annual conference, called A Better You, discussing and dealing with mental health and mental wellness with the goal of bringing hope and education to all attendees relating to mental health. These programs and the annual conference are supported by donations and corporate sponsorships.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

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

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 11
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.8%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: -61.3%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 97.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $308K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.