DASIE BRIDGEWATER HOPE CENTER INC

EIN: 020633089 501(c)(3)

WABASSO, FL

Total Revenue
$172,476
Total Expenses
$350,271
Total Assets
$419,341
Net Assets
$351,734
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
FL
Principal Officer
VERNA WRIGHT
Phone
7725893535
Tax Period
2020-01-01 to 2020-12-31

DASIE BRIDGEWATER HOPE CENTER INC, founded in 2002, is a small nonprofit that reported $172K in total revenue in fiscal year 2020. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $350K exceeded revenue, resulting in a 103% operating deficit.

Mission

OFFERING A NUTURING ENVIROMENT WHERE CHILDREN AND ADULTS CAN LEARN, DREAM, AND ASPIRE BY DEVELOPING THEIR SELF-ESTEEM AND LEARN LIFE SURVIVAL SKILLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $157,173
Program Service Revenue $763
Investment Income $0
Other Revenue $14,540
TOTAL REVENUE $172,476

Expense Breakdown

Grants Paid $5,318
Salaries & Benefits $178,077
Fundraising Expenses $37,981
Program Expenses $229,844
Other Expenses $166,876
TOTAL EXPENSES $350,271

Year-over-Year Comparison

2020 2019 Change
Revenue $172,476 $374,158 -0.5%
Expenses $350,271 $440,909 -0.2%
Net Income $-177,795 $-66,751 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
5
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$68,000
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASSANDRA HENDLEY CHAIRMAN 1.00
Officer Director
$0 $0 $0
ANTHONY DUDLEY VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
CYNTHIA DOUGLAS SECRETARY 1.00
Officer Director
$0 $0 $0
STUART GRAHAM TREASURER 1.00
Officer Director
$0 $0 $0
FREDERICK HUMPHRIES MEMBER 1.00
Director
$0 $0 $0
BARBARA HACKETT MEMBER 1.00
Director
$0 $0 $0
CYNTHIA BARDES MEMBER 1.00
Director
$0 $0 $0
MICHAEL HAUSER MEMBER 1.00
Director
$0 $0 $0
JANE FARACO MEMBER 1.00
Director
$0 $0 $0
GLENN DESIMONE MEMBER 1.00
Director
$0 $0 $0
MILO THORNTON MEMBER 1.00
Director
$0 $0 $0
PEGGY JONES MEMBER 1.00
Director
$0 $0 $0
SHUNTONNA MCGRIFF MEMBER 1.00
Director
$0 $0 $0
TAD STONE MEMBER 1.00
Director
$0 $0 $0
CHERYL MARTINEZ MEMBER 1.00
Director
$0 $0 $0
LAURA ZORC MEMBER 1.00
Director
$0 $0 $0
MICHELLE MORRIS MEMBER 1.00
Director
$0 $0 $0
RALPH TURNER MEMBER 1.00
Director
$0 $0 $0
RANDY BETHEL MEMBER 1.00
Director
$0 $0 $0
VERNA WRIGHT EXECUTIVE DIRECTOR 40.00
Officer
$68,000 $0 $68,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $172,476 $350,271 $419,341 $-177,795
2019 $374,158 $440,909 $547,608 $-66,751
2018 $419,530 $488,688 $605,250 $-69,158
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