Bridge the Gap College Prep

EIN: 911930327 501(c)(3) Youth Development

Sausalito, CA

Total Revenue
$3,321,716
Total Expenses
$2,991,879
Total Assets
$2,090,548
Net Assets
$1,332,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
CA
Principal Officer
Alyene Schneidewind
Phone
4153399411
Tax Period
2023-09-01 to 2024-08-31

Bridge the Gap College Prep, founded in 1995, is a community nonprofit in the Youth Development sector that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $3.0M left a modest 10% surplus.

Mission

The mission of Bridge the Gap is to provide comprehensive educational, social and emotional resources to underserved students in Marin City and Southern Marin. Our goal is to ensure that all students graduate high school, and achieve their greatest potential through college completion or other pathways to economic sustainability and independence.

Program Service Accomplishments

Program 1
Expenses: $2,007,498 Revenue: $973,821

TK-8 AfterschoolApproximately 100 students are served daily. Children receive academic support, enrichment opportunities and social emotional guidance. Staff engage with families and the school staff...

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TK-8 AfterschoolApproximately 100 students are served daily. Children receive academic support, enrichment opportunities and social emotional guidance. Staff engage with families and the school staff so that our services are aligned with the community schools approach.High School and CollegeApproximately 125 students are served each week at Tamalpais, Redwood, and Tomales High Schools. Students attend during the day, as well as one to four afternoons per week, depending on the amount of support they need and their other after school responsibilities. Tutors help students with homework, classwork and test preparation. Counselors support students to navigate challenging life and school situations. Our college preparation component helps students to apply to college and for financial aid and scholarships. We also work with 15 students at other area high schools. For the college program we continue to support approximately 80 students in college with resources, information and counseling and scholarships.In-School Intervention ProgramOur staff provide targeted instruction in small groups with students who are below grade level, in both math and literacy. The math support is 1st-5th grade, the literacy support is 1st-8th grade. Staff meet regularly with the classroom teachers to align our programs with student needs. As students reach grade level they exit the program and new students are able to join.Summer ProgramWe work with SMCSD and community partners to provide daily summer opportunities for students in the Sausalito Marin City School District. The program combines academic support, enrichment opportunities, field trips, healthy meals and snacks, in a supportive environment for about 90 students during the summer.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,322,648
Program Service Revenue $973,821
Investment Income $25,247
Other Revenue $0
TOTAL REVENUE $3,321,716

Expense Breakdown

Grants Paid $33,500
Salaries & Benefits $2,202,943
Fundraising Expenses $28,540
Program Expenses $2,007,498
Other Expenses $755,436
TOTAL EXPENSES $2,991,879

Year-over-Year Comparison

2023 2022 Change
Revenue $3,321,716 $2,659,014 +0.2%
Expenses $2,991,879 $2,653,485 +0.1%
Net Income $329,837 $5,529 +58.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
49
Volunteers
60

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa E Raffel Exec Director 40.00
$172,668 $5,000 $177,668
Kimberly Ingram VP of Operations & Finance 40.00
$133,079 $4,050 $137,129
Rondell Gibson Director of High School & College 40.00
$106,716 $2,239 $108,955
Denise Brusseau Treasurer 3.00
Officer Director
$0 $0 $0
Mojgan Behmand Director 3.00
Director
$0 $0 $0
Michael Bowman Director 3.00
Director
$0 $0 $0
Rebecca Bunyasaranand Director 3.00
Director
$0 $0 $0
Dr JC Farr Director 3.00
Director
$0 $0 $0
Nina Frank Director 3.00
Director
$0 $0 $0
Florence Williams Director 3.00
Director
$0 $0 $0
Alyene Schneidewind Chair 3.00
Officer Director
$0 $0 $0
Bonnie Kirk Director 3.00
Director
$0 $0 $0
Luis A Ottley EdD Vice Chair 3.00
Officer Director
$0 $0 $0
John Larson Director 3.00
Director
$0 $0 $0
Elaine Wilkinson Secretary 3.00
Officer Director
$0 $0 $0
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
2024 $3,321,716 $2,991,879 $2,090,548 $329,837
2023 $2,659,014 $2,653,485 $1,144,014 $5,529
2023 $2,659,014 $2,653,485 $1,144,014 $5,529
2022 $1,909,881 $1,813,794 $1,061,787 $96,087
2021 $2,223,636 $1,890,609 $1,052,734 $333,027
2020 $1,588,076 $1,595,588 $876,857 $-7,512
2019 $1,425,256 $1,449,259 $619,082 $-24,003
2018 $1,219,357 $1,153,586 $651,151 $65,771
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