The 410 Bridge
The information on this page was last updated 5/30/2024. If you see errors or omissions, please email: [email protected]
Summary
The 410 Bridge is a Christ-centered, non-profit organization helping to redefine the war on poverty through community development in poverty-stricken nations such as Kenya, Guatemala, and Uganda.
Contact information
Mailing address:
The 410 Bridge
3955 Marconi Drive
Suite 205
Alpharetta, GA 30005
Website: 410bridge.org
Phone: (770)664-4949
Email: [email protected]
Organization details
EIN: 205534140
CEO/President: Kurt Kandler/Chris Joiner
Chairman: Chris Amato
Board size: 7
Founder: Kurt Kandler
Ruling year: 2007
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Economic Development, Education, Health, Spiritual Development, & Water are the key areas that make a real and sustainable impact in the communities we work in around the world.
Mission statement
To provide the people of American churches, communities, and families with a bridge to the churches, communities, and families of Kenya, Haiti, Uganda, & Guatemala, nations of great need.
Statement of faith
We accept and hold strongly to the truth that Jesus Christ is the Son of God, and that in Him, and Him alone, eternal salvation can be found. Because of the nature of our organization and God's calling on us to serve His people, we allow for freedom of conviction on other doctrinal matters, provided that any interpretation is based upon the Bible.
No such differing interpretations or denominational differences should become an issue that hinders the ministry to which God has called us. We are committed to a calling that surpasses denominational lines and unifies the body of Christ in such a way that God would be glorified and people would experience His grace and love.
Donor confidence score
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 612 of 1118 | 61 of 122 | |
Fund acquisition rating | 736 of 1119 | 69 of 122 | |
Resource allocation rating | 482 of 1119 | 54 of 122 | |
Asset utilization rating | 540 of 1118 | 61 of 122 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 8% | 10% | 9% | 7% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 8% | 11% | 9% | 7% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 102% | 101% | 99% | 99% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 7% | 13% | 9% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | -2% | -1% | 1% | 1% | 2% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 84% | 78% | 79% | 84% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 112% | 80% | 93% | 110% | 94% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 94% | 63% | 74% | 93% | 81% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -12% | 20% | 7% | -10% | 6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -9% | 16% | 5% | -13% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 9% | 9% | 11% | 9% | 8% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.88 | 0.82 | 0.66 | 0.72 | 1.35 | 1.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 1.00 | 1.00 | 1.00 | 1.00 | 1.10 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 0.82 | 0.66 | 0.72 | 1.35 | 1.32 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 15.15 | 123.39 | 130.40 | 169.85 | 190.79 | 67.20 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.99 | 14.50 | 17.97 | 16.54 | 8.84 | 8.96 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 1% | 1% | 6% | 1% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 6% | 0% | 3% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 98% | 121% | 150% | 130% | 74% | 80% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $4,674,314 | $5,089,128 | $4,475,124 | $3,986,558 | $4,281,281 |
Receivables, inventories, prepaids | $149,904 | $148,839 | $157,256 | $138,152 | $137,507 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $4,824,218 | $5,237,967 | $4,632,380 | $4,124,710 | $4,418,788 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $2,518 | $2,325 | $479 | $1,709 | $417,975 |
Other long-term assets | $4,580 | $4,580 | $4,580 | $4,580 | $4,580 |
Total long-term assets | $7,098 | $6,905 | $5,059 | $6,289 | $422,555 |
Total assets | $4,831,316 | $5,244,872 | $4,637,439 | $4,130,999 | $4,841,343 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $39,098 | $40,168 | $27,273 | $21,619 | $65,759 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $39,098 | $40,168 | $27,273 | $21,619 | $65,759 |
Debt | $0 | $0 | $264,810 | $0 | $137,500 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $0 | $0 | $264,810 | $0 | $137,500 |
Total liabilities | $39,098 | $40,168 | $292,083 | $21,619 | $203,259 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $667,747 | $1,067,560 | $698,769 | $959,311 | $1,521,934 |
With donor restrictions | $4,124,471 | $4,137,144 | $3,646,587 | $3,150,069 | $3,116,150 |
Net assets | $4,792,218 | $5,204,704 | $4,345,356 | $4,109,380 | $4,638,084 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $3,609,286 | $4,350,324 | $3,537,777 | $4,970,693 | $6,027,439 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $5,006 | $2,511 | $8,595 | $17,661 | $10,188 |
Other revenue | ($68,636) | ($25,287) | $30,168 | $49,628 | $142,340 |
Total other revenue | ($63,630) | ($22,776) | $38,763 | $67,289 | $152,528 |
Total revenue | $3,545,656 | $4,327,548 | $3,576,540 | $5,037,982 | $6,179,967 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $3,323,344 | $2,710,717 | $2,651,143 | $4,689,398 | $4,980,704 |
Management and general | $356,370 | $304,943 | $381,309 | $512,828 | $447,076 |
Fundraising | $281,565 | $455,234 | $308,112 | $364,460 | $399,220 |
Total expenses | $3,961,279 | $3,470,894 | $3,340,564 | $5,566,686 | $5,827,000 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | ($415,623) | $856,654 | $235,976 | ($528,704) | $352,967 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($415,623) | $856,654 | $235,976 | ($528,704) | $352,967 |
Compensation
Name | Title | Compensation |
Kurt Kandler | Executive Di | $157,578 |
Stephen D Smith | COO | $149,427 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/30/2024. To update the information below, please email: [email protected]