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

Year founded: 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 rating145 of 9135 of 38
Fund acquisition rating585 of 91524 of 38
Resource allocation rating103 of 9155 of 38
Asset utilization rating106 of 9134 of 38

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%13%16%17%18%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%6%7%8%8%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%44%45%45%45%40%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%6%7%8%8%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
3%56%55%55%55%60%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%88%87%86%86%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%97%102%100%100%104%
Program output ratio Program output ratio =
Program services /
Total revenue
77%85%89%86%85%90%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%3%-2%0%0%-4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%17%-17%-1%2%-27%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%7%6%6%6%6%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.313.974.174.124.055.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.241.731.781.731.702.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.676.887.437.146.8810.28
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.093.801.942.541.962.48
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.260.520.390.510.40
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.731.290.781.020.850.70
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
18%34%46%39%41%30%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
58%17%13%15%15%14%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$299,960$329,139$326,011$343,318$293,281
Receivables, inventories, prepaids$124,339$119,097$164,310$147,472$161,598
Short-term investments$190,938$159,450$160,568$201,164$35,302
Other current assets$0$0$0$0$0
Total current assets$615,237$607,686$650,889$691,954$490,181
Long-term investments$384,334$394,582$376,399$346,594$347,680
Fixed assets$66,413$79,949$98,842$134,926$139,929
Other long-term assets$1,000$740$640$2,703$1,500
Total long-term assets$451,747$475,271$475,881$484,223$489,109
Total assets$1,066,984$1,082,957$1,126,770$1,176,177$979,290
 
Liabilities20192018201720162015
Payables and accrued expenses$141,283$292,840$239,020$339,439$183,799
Other current liabilities$20,469$20,469$17,269$13,819$13,952
Total current liabilities$161,752$313,309$256,289$353,258$197,751
Debt$0$0$0$0$0
Due to (from) affiliates$49,673$29,046$49,153$22,959$0
Other long-term liabilities$149,523$154,772$134,789$103,434$100,800
Total long-term liabilities$199,196$183,818$183,942$126,393$100,800
Total liabilities$360,948$497,127$440,231$479,651$298,551
 
Net assets20192018201720162015
Without donor restrictions$478,671$341,675$375,946$433,221$379,592
With donor restrictions$227,365$244,155$310,593$263,305$301,147
Net assets$706,036$585,830$686,539$696,526$680,739
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,901,766$1,970,414$2,091,469$2,166,305$1,938,449
Program service revenue$2,397,233$2,456,567$2,505,228$2,588,309$2,938,446
Membership dues$0$0$0$0$0
Investment income$46,330($17,853)$31,959$17,652($26,870)
Other revenue$5,878$7,177$6,155$7,392$7,545
Total other revenue$2,449,441$2,445,891$2,543,342$2,613,353$2,919,121
Total revenue$4,351,207$4,416,305$4,634,811$4,779,658$4,857,570
 
Expenses20192018201720162015
Program services$3,705,419$3,941,442$4,008,257$4,082,100$4,368,113
Management and general$278,613$255,262$282,213$291,685$307,482
Fundraising$246,969$320,310$354,328$390,086$363,451
Total expenses$4,231,001$4,517,014$4,644,798$4,763,871$5,039,046
 
Change in net assets20192018201720162015
Surplus (deficit)$120,206($100,709)($9,987)$15,787($181,476)
Other changes in net assets$0$0$0$0$0
Total change in net assets$120,206($100,709)($9,987)$15,787($181,476)

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