EIN 84-1141078

The Friendship Bridge

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
1990
Most recent tax filings
2022-12-01
Description
The Friendship Bridge empowers women in Guatemala to build a better life through an innovative and high-impact approach to poverty alleviation. Their micro-credit plus program offers micro-loans supplemented with plus services such as non-formal participatory education, artisan training, and agricultural training. Additionally, they support a graduate nursing program in Vietnam through funding of instructor travel costs. The organization is located in Lakewood, CO.
Total revenues
$7,954,696
2022
Total expenses
$7,528,374
2022
Total assets
$16,374,776
2022
Num. employees
11
2022

Program areas at The Friendship Bridge

Microcredit plus program in guatemala: Friendship Bridge's micro-credit plus program offers impoverished guatemalan women micro-loans supplemented with plus services, including non-formal participatory education, artisan training, agricultural training, and preventative health services. During 2022, Friendship Bridge served over 34,000 women with loans averaging $501 for four to twelve-month loan cycles. Borrowings occur through groups of 7-25 women, each known as a trust bank. At The end of 2022, there were 3,530 active trust banks. During 2022, fb offered non-formal education to all clients, provided specialized agriculture training to 562 clients, our health for life program served 4,658, handmade by Friendship Bridge connected 43 artisan clients with The global market, and The Bridge to success program had 177 entrepreneur clients at year end. In addition, The pilot project providing mental health services served 150 clients and up to 50 staff in guatemala.
Nurses education program in vietnam: Friendship Bridge supports a graduate nursing program in vietnam through funding of instructor travel costs. The program was dormant in 2022.

Who funds The Friendship Bridge

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Walter and Ursula Eberspacher FoundationMicro Credit Lending$530,000
Goldman Sachs Philanthropy Fund (GSPF)Humanitarian$110,000
Kasperick FoundationMicrofinance: Guatemala$100,000
...and 24 more grants received totalling $1,120,600

Personnel at The Friendship Bridge

NameTitleCompensation
Tracie CordeiroPresident and Chief Executive Officer$149,266
Roberto SilvestreChief Risk and Finance Officer
What WeChief Development Officer
Karen LarsonPast President and Chief Executive Officer$166,682
Susie MillerChair$0
...and 6 more key personnel

Financials for The Friendship Bridge

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,649,424
Program services$6,109,261
Investment income and dividends$87,797
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$35,400
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$72,814
Total revenues$7,954,696

Form 990s for The Friendship Bridge

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-10990View PDF
2021-122022-08-01990View PDF
2020-122021-08-23990View PDF
2019-122020-09-22990View PDF
2018-122019-09-30990View PDF
...and 10 more Form 990s

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Data update history
December 26, 2023
Received grants
Identified 6 new grant, including a grant for $100,000 from Kasperick Foundation
October 6, 2023
Updated personnel
Identified 5 new personnel
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 27, 2023
Received grants
Identified 3 new grant, including a grant for $530,000 from Walter and Ursula Eberspacher Foundation
August 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
International-focused organizationsFamily service centersCharities
Issues
Foreign affairsInternational development
Characteristics
Fundraising eventsOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
405 Urban St 140
Lakewood, CO 80228
Metro area
Denver-Aurora-Lakewood, CO
County
Jefferson County, CO
Website URL
friendshipbridge.org/ 
Phone
(303) 674-0717
Facebook page
microcreditplus 
Twitter profile
@friend_bridge 
IRS details
EIN
84-1141078
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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