Civic Intelligence

Bridge Homes Inc

990 • Fiscal year 2018 • EIN 13-3626917

Jul 01, 2017 to Jun 30, 2018 • Filed on May 09, 2019

129 Fulton StreetNew York, NY 10038

(212) 776-2080

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

3.62x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.64x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

33rd percentile

-2.3%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

97th percentile

$285,750

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 41.4% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

100th percentile

2495%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

59th percentile

9.1%

Faster revenue growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$122,799

Up $118,067 (+2495%) from 2017

Net Assets

Down

-$322,069

Down $16,023 (-5.2%) from 2017

Liabilities

Up

$444,868

Up $134,090 (+43%) from 2017

Revenue

Up

$689,806

Up $57,792 (+9.1%) from 2017

Expenses

Up

$705,829

Up $28,540 (+4.2%) from 2017

Net Income

Up

-$16,023

Up $29,252 (+65%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$500K$0-$500KAssets 2010: $21,325Liabilities 2010: $160,160Net Assets 2010: -$138,8352010Assets 2011: $12,534Liabilities 2011: $157,523Net Assets 2011: -$144,9892011Assets 2012: $17,361Liabilities 2012: $143,720Net Assets 2012: -$126,3592012Assets 2013: $9,254Liabilities 2013: $137,592Net Assets 2013: -$128,3382013Assets 2014: $3,030Liabilities 2014: $193,979Net Assets 2014: -$190,9492014Assets 2015: $5,144Liabilities 2015: $274,928Net Assets 2015: -$269,7842015Assets 2016: $5,681Liabilities 2016: $266,452Net Assets 2016: -$260,7712016Assets 2017: $4,732Liabilities 2017: $310,778Net Assets 2017: -$306,0462017Assets 2018: $122,799Liabilities 2018: $444,868Net Assets 2018: -$322,0692018Assets 2019: $57,980Liabilities 2019: $433,498Net Assets 2019: -$375,5182019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$122,799
Liabilities$444,868
Net Assets-$322,069

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $558,9082010Expenses 2011: $592,5562011Expenses 2012: $618,9702012Revenue 2013: $644,160Expenses 2013: $646,139Net Income 2013: -$1,9792013Revenue 2014: $637,920Expenses 2014: $700,531Net Income 2014: -$62,6112014Revenue 2015: $629,760Expenses 2015: $708,595Net Income 2015: -$78,8352015Revenue 2016: $644,000Expenses 2016: $634,987Net Income 2016: $9,0132016Revenue 2017: $632,014Expenses 2017: $677,289Net Income 2017: -$45,2752017Revenue 2018: $689,806Expenses 2018: $705,829Net Income 2018: -$16,0232018Revenue 2019: $647,200Expenses 2019: $700,649Net Income 2019: -$53,4492019Revenue 2020: $1,171,534Expenses 2020: $796,016Net Income 2020: $375,5182020

Highlighted filing

2018

Revenue$689,806
Expenses$705,829
Net Income-$16,023
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 9, 2019
Return Version
2017v2.3
Gross Receipts
$689,806
Mission and Program Overview

Mission

Bridge homes, inc. Prepares the hot, nutritious meals that are distributed by the coalition for the homeless' grand central food program.

Bridge homes, inc. ("bhi") prepares the hot, nutritious meals that are distributed by the coalition for the homeless' grand central food program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$70,000-
Land, Buildings, and Equipment, Net$0$49,173▲ $49,173
Cash and Non-Interest-Bearing Accounts$3,574$2,026▼ $1,548
Prepaid Expenses and Deferred Charges$1,158$1,600▲ $442
Total Assets$4,732$122,799▲ $118,067
Liabilities
Other Liabilities$277,136$401,941▲ $124,805
Accounts Payable and Accrued Expenses$33,642$42,927▲ $9,285
Total Liabilities$310,778$444,868▲ $134,090
Net Assets / Fund Balance
Unrestricted Net Assets$-306,046$-322,069▼ $16,023
Total Net Assets Fund Balance$-306,046$-322,069▼ $16,023
Total Liabilities and Net Assets / Fund Balance$4,732$122,799▲ $118,067

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$49,173-$49,173
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary BrosnahanPresident
David GiffenVice President
Donna FergusonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,526
Program Service Revenue
$619,280
Investment Income
$0
Other Revenue
$0
All Other Contributions
$70,526
Change in Net Assets
$-16,023
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$494,067
Salaries, Compensation, and Employee Benefits$211,762
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$131,664--$131,664
Other Employee Benefits$70,596--$70,596
Fees for Services Other$11,082--$11,082
Occupancy$9,908--$9,908
Payroll Taxes$9,502--$9,502
Office Expenses$3,032--$3,032
Other Expenses$2,837--$2,837
All Other Expenses$2,232--$2,232
Insurance$796--$796
Total Functional Expenses$705,829$0$0$705,829
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Coalition for the Homeless, Inc.$401,941
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent accountant and a draft of the form 990 is reviewed by the officers/board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

All board members and officers are annually required to complete a conflict of interest disclosure form. If any conflicts are noted, the board of directors conducts a review. Any person with the potential conflict is recused from the vote to determine whether a conflict exist.

Form 990, Part VI, Section C, Line 19

The organization makes its documents available to the public upon request

Filing and Contact Details

Filer

Filer Name
Bridge Homes Inc
EIN
13-3626917
Phone
2127762080
Address
129 FULTON STREET, NEW YORK, NY 10038

Signing Officer

Name
Shawn-ann Mullen
Title
Chief Financial Officer
Phone
2127762080
Signed
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn-ann Mullen
Formed
1991
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
3
Volunteers
0

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Robert R Lyons CPA
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XII LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Bridge homes, inc. Believes it has no uncertain tax positions as of june 30, 2018 in accordance with accounting standards codification ("asc") topic 740, "income taxes," which provides standards for establishing and classifying any tax provisions for uncertain tax positions.

Form 990, Part VI, Line 1E

Construction in progress.

Raw XML AppendixShowing 400 of 436 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CONSTRUCTION IN PROGRESS.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt112614
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt211357
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt026947
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt137226
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt238399
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt11133
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt211633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARY BROSNAHAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DONNA FERGUSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2DAVID GIFFEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0285750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1201930
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2269271
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND A DRAFT OF THE FORM 990 IS REVIEWED BY THE OFFICERS/BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS AND OFFICERS ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. IF ANY CONFLICTS ARE NOTED, THE BOARD OF DIRECTORS CONDUCTS A REVIEW. ANY PERSON WITH THE POTENTIAL CONFLICT IS RECUSED FROM THE VOTE TO DETERMINE WHETHER A CONFLICT EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COALITION FOR THE HOMELESS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COALITION FOR THE HOMELESS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0133072967
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVICES FOR THE HOMELESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0129 FULTON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010038
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0705829
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0MEALS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BRIDGE HOMES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04732
IRS990/TotalAssetsEOYAmt0122799
IRS990/TotalAssetsGrp/BOYAmt04732
IRS990/TotalAssetsGrp/EOYAmt0122799
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt070526
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0705829
IRS990/TotalFunctionalExpensesGrp/TotalAmt0705829
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0310778
IRS990/TotalLiabilitiesEOYAmt0444868
IRS990/TotalLiabilitiesGrp/BOYAmt0310778
IRS990/TotalLiabilitiesGrp/EOYAmt0444868
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-306046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-322069
IRS990/TotalOtherCompensationAmt0129543
IRS990/TotalProgramServiceExpensesAmt0705829
IRS990/TotalProgramServiceRevenueAmt0619280
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0619280
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0689806
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04732
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0122799
IRS990/TotReportableCompRltdOrgAmt0627408
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-306046
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-322069
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0129 FULTON STREET
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010038
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00

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