Bridges for Peace, Inc./ BFPUSA

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/21/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Bridges for Peace is working to build relationships between Christians and Jews and encouraging the church about its rich Biblical history and heritage. They assist Jewish immigrants and the poor in Israel by providing food baskets, blankets, medical assistance, etc. In addition, they provide education and ministry through various means such as YouTube, Facebook, other social media, website, prayer, teaching letters, on site speakers, and a bi-monthly magazine - Dispatch from Jerusalem.


Contact information

Mailing address:
Bridges for Peace
PO Box 410037
Melbourne, FL 32941-0037

Website: www.bridgesforpeace.com

Phone: (800) 566-1998

Email: postmaster@bfpusa.org


Organization details

EIN: 411334042

CEO/President: Rev. Dr. Jim Solberg

Chairman: Rev. Rebecca J. Brimmer

Board size: 12

Founder: Dr. G. Douglas Young

Ruling year: 1978

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1996


Purpose

It is our desire to see Christians and Jews working side by side for better understanding and a more secure Israel.

We are committed to the following goals:

  • To encourage meaningful and supportive relationships between Christians and Jews in Israel and around the world.
  • To educate and equip Christians to identify with Israel, the Jewish people and the biblical/Hebraic foundations of our Christian faith.
  • To bless Israel and the Jewish people in Israel and worldwide, through practical assistance, volunteer service and prayer.
  • To communicate Christian perspectives to the attention of Israeli leaders and the Jewish community-at-large.
  • To counter anti-Semitism worldwide and support Israel's divine God-given right to exist in her God-given land.

Mission statement

Bridges for Peace: Christians supporting Israel and building relationships between Christians and Jews in Israel and around the world.


Statement of faith

Articles

9/11/2020International Fellowship of Christians and Jews Taps Evangelicals for Support
11/25/2013Outrageously High Fundraising and Compensation Costs - What You Need Know About Those Emotional TV Commercials Asking You to Help Impoverished Jews

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Advocacy

CategoryRatingOverall rankSector rank
Overall efficiency rating147 of 9994 of 41
Fund acquisition rating557 of 100122 of 41
Resource allocation rating131 of 10014 of 41
Asset utilization rating153 of 9996 of 41

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%11%13%16%17%18%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%5%6%7%8%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%41%44%45%45%45%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%5%6%7%8%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%59%56%55%55%55%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%90%88%87%86%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%92%97%102%100%100%
Program output ratio Program output ratio =
Program services /
Total revenue
77%83%85%89%86%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%8%3%-2%0%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%34%17%-17%-1%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%5%7%6%6%6%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.323.233.974.174.124.05
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.131.491.731.781.731.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.294.806.887.437.146.88
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.746.103.801.942.541.96
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.160.260.520.390.51
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.732.091.290.781.020.85
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
16%22%34%46%39%41%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
54%24%17%13%15%15%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$622,338$299,960$329,139$326,011$343,318
Receivables, inventories, prepaids$118,097$124,339$119,097$164,310$147,472
Short-term investments$191,899$190,938$159,450$160,568$201,164
Other current assets$0$0$0$0$0
Total current assets$932,334$615,237$607,686$650,889$691,954
Long-term investments$380,466$384,334$394,582$376,399$346,594
Fixed assets$56,043$66,413$79,949$98,842$134,926
Other long-term assets$17,015$1,000$740$640$2,703
Total long-term assets$453,524$451,747$475,271$475,881$484,223
Total assets$1,385,858$1,066,984$1,082,957$1,126,770$1,176,177
 
Liabilities20202019201820172016
Payables and accrued expenses$73,182$141,283$292,840$239,020$339,439
Other current liabilities$79,611$20,469$20,469$17,269$13,819
Total current liabilities$152,793$161,752$313,309$256,289$353,258
Debt$0$0$0$0$0
Due to (from) affiliates$0$49,673$29,046$49,153$22,959
Other long-term liabilities$158,764$149,523$154,772$134,789$103,434
Total long-term liabilities$158,764$199,196$183,818$183,942$126,393
Total liabilities$311,557$360,948$497,127$440,231$479,651
 
Net assets20202019201820172016
Without donor restrictions$759,914$478,671$341,675$375,946$433,221
With donor restrictions$314,387$227,365$244,155$310,593$263,305
Net assets$1,074,301$706,036$585,830$686,539$696,526
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,976,637$1,901,766$1,970,414$2,091,469$2,166,305
Program service revenue$2,832,305$2,397,233$2,456,567$2,505,228$2,588,309
Membership dues$0$0$0$0$0
Investment income$27,508$46,330($17,853)$31,959$17,652
Other revenue$3,009$5,878$7,177$6,155$7,392
Total other revenue$2,862,822$2,449,441$2,445,891$2,543,342$2,613,353
Total revenue$4,839,459$4,351,207$4,416,305$4,634,811$4,779,658
 
Expenses20202019201820172016
Program services$4,032,455$3,705,419$3,941,442$4,008,257$4,082,100
Management and general$218,946$278,613$255,262$282,213$291,685
Fundraising$219,793$246,969$320,310$354,328$390,086
Total expenses$4,471,194$4,231,001$4,517,014$4,644,798$4,763,871
 
Change in net assets20202019201820172016
Surplus (deficit)$368,265$120,206($100,709)($9,987)$15,787
Other changes in net assets$0$0$0$0$0
Total change in net assets$368,265$120,206($100,709)($9,987)$15,787

Compensation

NameTitleCompensation
Rev James B SolbergCEO$85,000
Rev Edwin J SmelserRegional Dir$80,000
Rev William P AdamsDirector$80,000
Wilford R DeweeseCFO$80,000
Rev Gregory L AllenRegional Dir$75,000
Rev John F AnthonyRegional Dir$75,000
Richard J LaplanteCOO$70,000
Ms Lora SingerStewardship Mgr$41,600
Rev Victoria BoesemanExec. Assist.$40,000

Compensation data as of: 12/31/2010


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 7/21/2021. To update the information below, please email: info@ministrywatch.com


History

Bridges for Peace was founded in 1976, built on the work of Dr. G. Douglas Young, who first came to Israel in 1957. Today Bridges for Peace is an international organization with 10 offices serving 6 continents. Bridges for Peace is a ministry of hope and reconciliation. Through programs both in Israel and worldwide, BFP gives Christians the opportunity to actively express their Biblical responsibility to be faithful to Israel and the Jewish people.


Program accomplishments


Needs

Bridges For Peace has communicated the following needs:

  • Prayer
  • Financial Partners
  • Volunteers