Form 990 for tax year 2024
Filed by WATERBURY BRIDGE TO SUCCESS PARTNERSHIP INC.
Totals
- Total revenue
- $2,513,945
- Total expenses
- $2,085,671
- Contributions and grants received
- $2,523,954
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $5,901
- Other revenue
- -$15,910
- Total assets, end of year
- $969,294
- Total liabilities, end of year
- $496,918
- Net assets or fund balances, end of year
- $472,376
- Program services expenses (Part IX)
- $1,836,368
- Management and general expenses
- $239,633
- Fundraising expenses
- $9,670
- Program service expenses (Part III)
- $1,836,368
Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$848,609
-
1f · All other contributions, gifts and grants
$1,675,345
-
3 · Investment income
total $5,901 · excluded $5,901
-
8a · Fundraising events: gross income
$10,445
-
8b · Fundraising events: direct expenses
$26,355
-
8c · Net income from fundraising events
total -$15,910 · excluded -$15,910
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $71,805 · program services $63,115 · management and general $8,022 · fundraising $668
-
7 · Other salaries and wages
total $680,587 · program services $598,218 · management and general $76,034 · fundraising $6,335
-
8 · Pension plan contributions
total $15,401 · program services $13,537 · management and general $1,721 · fundraising $143
-
9 · Other employee benefits
total $51,328 · program services $45,116 · management and general $5,734 · fundraising $478
-
10 · Payroll taxes
total $75,250 · program services $66,142 · management and general $8,407 · fundraising $701
-
11b · Fees: legal
total $18,755 · program services $8,595 · management and general $10,141 · fundraising $19
-
11c · Fees: accounting
total $114,250 · management and general $114,250
-
11g · Fees: other
total $298,198 · program services $289,613 · management and general $8,349 · fundraising $236
-
12 · Advertising and promotion
total $30,281 · program services $30,281
-
13 · Office expenses
total $34,685 · program services $28,925 · management and general $4,732 · fundraising $1,028
-
16 · Occupancy
total $35,435 · program services $34,184 · management and general $1,225 · fundraising $26
-
19 · Conferences, conventions and meetings
total $202,185 · program services $202,185
-
20 · Interest
total $2,265 · program services $2,007 · management and general $249 · fundraising $9
-
22 · Depreciation, depletion and amortization
total $1,611 · program services $1,428 · management and general $177 · fundraising $6
-
23 · Insurance
total $5,391 · program services $4,778 · management and general $592 · fundraising $21
-
24a · Other expenses: PROGRAM SUBCONTRACTED S
total $349,250 · program services $349,250
-
24b · Other expenses: STIPENDS
total $51,276 · program services $51,276
-
24c · Other expenses: FOOD AND SUPPLIES
total $47,718 · program services $47,718
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $17,450 · end of year $159,121
-
2 · Savings and temporary cash investments
end of year $101,899
-
3 · Pledges and grants receivable
beginning of year $385,655 · end of year $611,424
-
9 · Prepaid expenses and deferred charges
beginning of year $138,147 · end of year $17,785
-
10a · Land, buildings and equipment: cost or other basis
$35,752
-
10b · Land, buildings and equipment: accumulated depreciation
$1,611
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $34,141
-
15 · Other assets
beginning of year $0 · end of year $44,924
-
17 · Accounts payable and accrued expenses
end of year $103,267
-
19 · Deferred revenue
beginning of year $497,150 · end of year $348,727
-
25 · Other liabilities
beginning of year $0 · end of year $44,924
-
27 · Net assets without donor restrictions
beginning of year $44,102 · end of year -$56,205
-
28 · Net assets with donor restrictions
end of year $528,581
Mission and programs · 2024
Mission
TO ELIMINATE SYSTEMIC INEQUITIES AND IMPROVE LIFELONG OUTCOMES FOR YOUTH AND FAMILIES, PARTICULARLY WHO ARE MARGINALIZED, BY FACILITATING CROSS-SECTOR PARTNERSHIPS, BUILDING COMMUNITY CAPACITY AND POWER, BY CO-CREATING EQUITABLE SYSTEMS FROM CRADLE TO CAREER.
Activities or mission (Part I)
WATERBURY BRIDGE TO SUCCESS IS CONNECTICUT'S FIRST CRADLE TO CAREER INITIATIVE.
-
BUILD CAPACITY BY PROVIDING DIRECT SUPPORT AND CONNECTING PARTNERS, TRAINERS, AND EXPERTS THAT PROVIDE TECHNICAL ASSISTANCE AND ACCESS TO BROADER NETWORKS TO PROMOTE CONTINUOUS IMPROVEMENT.
Expenses $612,123
-
TRANSFORM POWER BY RECOGNIZING THE COMMUNITY'S ABILITY TO ACTUALIZE CHANGE AND UNDERSTAND THAT SYSTEMS TRANSFORMATION IS ONLY POSSIBLE WHEN COMMUNITIES, PARTICULARLY BLACK AND LATINX, ARE EQUIPPED WITH THE TOOLS AND MINDSETS THEY NEED TO BE FULL PARTICIPANTS IN PUBLIC LIFE AND, THUS, HAVE MORE CONTROL OVER THEIR DESTINIES.
Expenses $612,123
-
SUSTAIN COMMUNITY BY CURATING JOYFUL AND DECOLONIZED CO-LEARNING SPACES THAT INVITE STAKEHOLDERS TO REBUILD AND SUSTAIN NETWORKS THAT WORK.
Expenses $612,122
As filed on the 2024 return.
Listed in Part VII
-
Angel CastellanoANGEL CASTELLANO
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Bilal TajildeenBILAL TAJILDEEN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
David MorganDAVID MORGAN
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Latoya IrelandLATOYA IRELAND
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Olivia DudleyOLIVIA DUDLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Nicholas GuillermoNICHOLAS GUILLERMO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Luis McConnorLUIS MCCONNOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Aisling McGuckinAISLING MCGUCKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Tomas OlivoTOMAS OLIVO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Krista PisanoKRISTA PISANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Karen RainvilleKAREN RAINVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Kevin TaylorKEVIN TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Saran WhiteSARAN WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Althea BrooksALTHEA BROOKS
EXECUTIVE DIRECTOR
- Total calculated
- $87,162
- From this org
- $71,805
- From related orgs
- $0
- Other
- $15,357
- Hours/week
- 60
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600999349300315
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