Bridge Trust-USA INC

Tax-deductible

Wheaton, IL501(c)(3)ReligionEIN 30-0028861Revenue $2.0M in FY2024

On file with the IRSPo Box 1042, 60187-1042 · Wheaton, ILTax-exempt since Jun 2002Publicly supported charity — 170(b)(1)(A)(vi)

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To promote christian/muslim dialogue and relationship through support of a college in bangladesh, support of center of muslim and christian studies at colleges of oxford university in england; universities in houston TX; and online courses attended by students all over the world; with an interest to expand into bible colleges in other areas.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 4 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $200K a year · 23% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $204K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$83K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
+391% vs prior year
Spent
$738K
To programs
74%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$2.0M
FY2024▲ +391%
Tap a bar for its year
Revenue by fiscal year
FY2020$699K
FY2021$546K
FY2022$662K
FY2023$408K
FY2024$2.0M
Expenses
$738K
FY2024▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2020$692K
FY2021$464K
FY2022$867K
FY2023$556K
FY2024$738K
Net assets
$1.3M
FY2024▲ ×20
Tap a bar for its year
Net assets by fiscal year
FY2020$337K
FY2021$420K
FY2022$215K
FY2023$67K
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $543K Management & general 16% · $119K Fundraising 10% · $76K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
Chairmn/Dirctr
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Bridge Trust-USA INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters Christian-Muslim understanding through educational programs globally.

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Provided by the organization

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3 programs · $543K · in their own filed words · FY2024
01

Support for the center for muslim and christian studies, houston (CMCSH) which promotes christian and muslim studies through local meetings, teaching online, and teaching at universities and seminairies as invited.

$268Kprogram expense
02

Support for the oxford center for muslim christian studies (cmcso) which promotes CHRISTIAN/MUSLIM studies within colleges of oxford university in england. Cmcso offers seminars, lectures, graduate advising, and tutoring. A number of books, papers, laymen guides, and other publications have been published.

$148Kprogram expense
03

Support of the institute for classical languages (icl), a bible college in bangladesh which promotes christian and muslim relations through textual biblical and historical studies in muslim language bangla, both in class and online. During this academic year, 243 students took courses at icls 10 centers spanning the country.

$127Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 3 grants · $80K · 2022–2024
Unitemized GrantFY2024$11,550
Unitemized GrantFY2022$62,850

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$12K
Money outPt IX
$738K
Ln 25
Programscol B$543K
Managementcol C$119K
Fundraisingcol D$76K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$397K
Total assetsLn 16$1.4M
LiabilitiesLn 26$83K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$12K
Gains on assetsLn 7$0
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$397K
SavingsLn 2$0
Cash and savings togetherLn 1–2$397K
InvestmentsLn 11–13$1.0M
Land, buildings, equipmentLn 10c$5K
Other assetsLn 15$0
Total assetsLn 16$1.4M
LiabilitiesLn 26$83K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 51
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$134K$397K
InvestmentsLn 11–13$1.0M
Land, buildings, equipmentLn 10c$8K$5K
Total assetsLn 16$161K$1.4M
LiabilitiesLn 26$94K$83K
Net assetsLn 32$67K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants to domestic individualsLn 2$12K$12K
Grants and assistance to foreign recipientsLn 3$340K$340K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$227K$123K$42K$62K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$17K$9K$3K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$16K$16K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$5K$5K$317
Advertising and promotionLn 12$0
Office expensesLn 13$6K$6K
Information technologyLn 14$7K$3K$1K$3K
RoyaltiesLn 15$0
OccupancyLn 16$17K$17K
TravelLn 17$26K$26K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K$1K$1K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$43K$27K$13K$3K
All other expensesLn 24e$8K$1K$3K$4K
Total functional expensesLn 25$738K$543K$119K$76K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.0M$738K$1.3M$1.3M 990 PDF
FY2023 $408K$556K−$148K$67K 990 PDF
FY2022 $662K$867K−$205K$215K 990 PDF
FY2021 $546K$464K$82K$420K 990 PDF
FY2020 $699K$692K$7K$337K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $2,001,712 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $407,529$1,990,129
I-9 Program service revenue$0
I-10 Investment income$11,583
I-11 Other revenue$0
I-12 Total revenuePrior year $407,529$2,001,712
I-13 Grants and similar amounts paidPrior year $179,201$361,121
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $220,701$244,287
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $155,871$132,569
I-18 Total expensesPrior year $555,773$737,977
I-19 Revenue less expensesPrior year −$148,244$1,263,735
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,001,712 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,990,129
VIII-1h Total contributions, gifts and grants$1,990,129
VIII-3 Investment incomeExcluded from tax $11,583$11,583
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $11,583$2,001,712
Part IX · Statement of functional expenses $737,977 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $9,500$9,500
IX-2 Grants to domestic individualsPrograms $11,550$11,550
IX-3 Grants and assistance to foreign recipientsPrograms $340,071$340,071
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $122,933 · Management $42,328 · Fundraising $61,560$226,821
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $9,404 · Management $3,353 · Fundraising $4,709$17,466
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $16,020$16,020
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $5,182 · Fundraising $317$5,499
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $6,254$6,254
IX-14 Information technologyPrograms $3,065 · Management $1,354 · Fundraising $2,630$7,049
IX-15 Royalties$0
IX-16 OccupancyPrograms $16,755$16,755
IX-17 TravelManagement $25,934$25,934
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,212 · Management $1,001$2,213
IX-23 InsuranceManagement $1,502$1,502
IX-24 Other expenses (24a–d)Programs $27,304 · Management $13,278 · Fundraising $2,902$43,484
IX-24e All other expensesPrograms $1,286 · Management $2,506 · Fundraising $4,067$7,859
IX-25 Total functional expensesPrograms $543,080 · Management $118,712 · Fundraising $76,185$737,977
Part X · Balance sheet $1,405,762 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $133,952$396,600
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $19,258$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $7,567$5,354
X-11 Publicly traded securities$1,003,808
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $160,777$1,405,762
X-17 Accounts payable and accrued expensesStart of year $93,658$63,070
X-18 Grants payableStart of year $600$20,213
X-26 Total liabilitiesStart of year $94,258$83,283
X-27 Net assets without donor restrictionsStart of year $73,323$929,516
X-28 Net assets with donor restrictionsStart of year −$6,804$392,963
X-32 Total net assets or fund balancesStart of year $66,519$1,322,479
X-33 Total liabilities and net assetsStart of year $160,777$1,405,762
Part XI · Reconciliation of net assets $1,322,479 net assets at year end
XI-1 Total revenue$2,001,712
XI-2 Total expenses$737,977
XI-3 Revenue less expenses$1,263,735
XI-4 Net assets at start of year$66,519
XI-5 Net unrealized gains (losses) on investments−$7,775
XI-10 Net assets at end of year$1,322,479

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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