Civic Intelligence

Bridges for New Beginnings Inc

990EZ • Fiscal year 2019 • EIN 20-1165852

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 21, 2020

Organization ProfileWWW.BRIDGESFORNEWBEGINNINGS.COM
40 Hazelwood DriveAmherst, NY 14228

(716) 631-5777

Siviq Scores

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

Liabilities / Assets

77th percentile

0.18x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

0.26x

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

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Net Margin

90th percentile

56%

Higher net margin than 90% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Asset Growth

91st percentile

131%

Faster asset growth than 91% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

29%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$16,224

Up $9,192 (+131%) from 2018

Net Assets

Up

$13,308

Up $6,276 (+89%) from 2018

Liabilities

Up

$2,916

Up $2,916 from 2018

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin90th percentile

Revenue

Up

$11,175

Up $2,483 (+29%) from 2018

Expenses

Up

$4,899

Up $44 (+0.9%) from 2018

Net Income

Up

$6,276

Up $2,439 (+64%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$30K$20K$10K$0Assets 2016: $28,341Liabilities 2016: $0Net Assets 2016: $28,3412016Assets 2017: $5,545Liabilities 2017: $2,350Net Assets 2017: $3,1952017Assets 2018: $7,032Liabilities 2018: $0Net Assets 2018: $7,0322018Assets 2019: $16,224Liabilities 2019: $2,916Net Assets 2019: $13,3082019Assets 2020: $12,525Liabilities 2020: $828Net Assets 2020: $11,6972020Assets 2021: $19,089Liabilities 2021: $2,999Net Assets 2021: $16,0902021Assets 2022: $4,734Liabilities 2022: $2,113Net Assets 2022: $2,6212022

Highlighted filing

2019

Assets$16,224
Liabilities$2,916
Net Assets$13,308
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

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

$40K$20K$0-$20K-$40KRevenue 2016: $11,386Expenses 2016: $6,944Net Income 2016: $4,4422016Revenue 2017: $8,524Expenses 2017: $33,670Net Income 2017: -$25,1462017Revenue 2018: $8,692Expenses 2018: $4,855Net Income 2018: $3,8372018Revenue 2019: $11,175Expenses 2019: $4,899Net Income 2019: $6,2762019Revenue 2020: $4,916Expenses 2020: $6,527Net Income 2020: -$1,6112020Revenue 2021: $6,522Expenses 2021: $2,129Net Income 2021: $4,3932021Revenue 2022: $3,695Expenses 2022: $17,164Net Income 2022: -$13,4692022

Highlighted filing

2019

Revenue$11,175
Expenses$4,899
Net Income$6,276
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 21, 2020
Return Version
2019v5.1
Gross Receipts
$13,533
Mission and Program Overview

Mission

Bridges for New Beginnings, Inc. collaborates with governmental and non-governmental organizations in Eastern and Central Europe to close government-run institutions, transition the residents to family-type alternatives, and to reduce the abusive and neglectful conditions that cause children and young adults to be placed in institutions.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SUPPORT FOR THE SPECIAL OLYMPICS IN ROMANIA AND TO PROVIDE TRAINING TO STAFF WORKING DIRECTLY WITH CHILDREN WITH SPECIAL NEEDS.$4,196$4,196
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VERONICA FEDERICONIPresident-$0--
THOMAS J MAZURVice-President-$0--
EDMUND EGANSecretary-Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Bridges for New Beginnings Inc
EIN
20-1165852
Phone
7166315777
Address
40 HAZELWOOD DRIVE, AMHERST, NY 14228

Signing Officer

Name
Veronica Federiconi
Title
CEO
Phone
7166315777
Signed
2020-08-21
Discuss with paid preparer
Yes

Preparer

Firm
Tronconi Segarra & Associates Llp
Address
8321 MAIN STREET, WILLIAMSVILLE, NY 14221
Preparer
Kathleen a Grieco CPA
Phone
7166331373
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: hope and homes for children, romania. Grantee address: bd. Bucuresti 2a baia mare, maramures, romania 430281. Property description: cash. Amount given: 4,196.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: miscellaneous. Amount: 83. Description: website. Amount: 620. Total to form 990-ez, line 16: 703.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: due from related parties. Beg. Of year amount: 20. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to related parties. Beg. Of year amount: 0. End of year amount: 2,916.”

Raw XML Appendix151 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KURT SCHWENK
IRS990EZ/BooksInCareOfDetail/PhoneNum07166315777
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt040 HAZELWOOD DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AMHERST
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014228
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07012
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016224
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt08629
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt06276
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07032
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016224
IRS990EZ/FundraisingGrossIncomeAmt04904
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04196
IRS990EZ/GrossReceiptsAmt013533
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07032
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013308
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07032
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013308
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VERONICA FEDERICONI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS J MAZUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EDMUND EGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY-TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt020
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0703
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0BRIDGES FOR NEW BEGINNINGS, INC. COLLABORATES WITH GOVERNMENTAL AND NON-GOVERNMENTAL ORGANIZATIONS IN EASTERN AND CENTRAL EUROPE TO CLOSE GOVERNMENT-RUN INSTITUTIONS, TRANSITION THE RESIDENTS TO FAMILY-TYPE ALTERNATIVES, AND TO REDUCE THE ABUSIVE AND NEGLECTFUL CONDITIONS THAT CAUSE CHILDREN AND YOUNG ADULTS TO BE PLACED IN INSTITUTIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SUPPORT FOR THE SPECIAL OLYMPICS IN ROMANIA AND TO PROVIDE TRAINING TO STAFF WORKING DIRECTLY WITH CHILDREN WITH SPECIAL NEEDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04196
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04196
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt02358
IRS990EZ/SpecialEventsNetIncomeLossAmt02546
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02916
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04899
IRS990EZ/TotalProgramServiceExpensesAmt04196
IRS990EZ/TotalRevenueAmt011175
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BRIDGESFORNEWBEGINNINGS.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt044548
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt023192
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt044548
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015350
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt044548
IRS990ScheduleA/TotalSupportAmt044548
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: HOPE AND HOMES FOR CHILDREN, ROMANIA. GRANTEE ADDRESS: BD. BUCURESTI 2A BAIA MARE, MARAMURES, ROMANIA 430281. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 4,196.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELLANEOUS. AMOUNT: 83. DESCRIPTION: WEBSITE. AMOUNT: 620. TOTAL TO FORM 990-EZ, LINE 16: 703.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE FROM RELATED PARTIES. BEG. OF YEAR AMOUNT: 20. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO RELATED PARTIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,916.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VERONICA FEDERICONI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07166315777
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRIDGES FOR NEW BEGINNINGS INC
ReturnHeader/Filer/BusinessNameControlTxt0BRID
ReturnHeader/Filer/EIN0201165852
ReturnHeader/Filer/PhoneNum07166315777
ReturnHeader/Filer/USAddress/AddressLine1Txt040 HAZELWOOD DRIVE
ReturnHeader/Filer/USAddress/CityNm0AMHERST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014228
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04D200A3446BA509A67965C60B729E9CB460D978F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.183.85.187
ReturnHeader/FilingSecurityInformation/IPDt02020-08-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm012:58:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043728817
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TRONCONI SEGARRA & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08321 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLIAMSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014221
ReturnHeader/PreparerPersonGrp/PhoneNum07166331373
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHLEEN A GRIECO CPA
ReturnHeader/ReturnTs02020-11-10T12:38:20-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,224
Liabilities
$2,916
Net assets
$13,308
Revenue
$11,175
Expenses
$4,899
Net income
$6,276
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$4.73$2.11$2.62$3.70$17.2$13.5
2021Detailed filing. Detailed filing data is available for this year.$19.1$3.00$16.1$6.52$2.13$4.39
2020Detailed filing. Detailed filing data is available for this year.$12.5$0.83$11.7$4.92$6.53$1.61
2019Detailed filing. Detailed filing data is available for this year.$16.2$2.92$13.3$11.2$4.90$6.28
2018Detailed filing. Detailed filing data is available for this year.$7.03$0.00$7.03$8.69$4.86$3.84
2017Detailed filing. Detailed filing data is available for this year.$5.55$2.35$3.20$8.52$33.7$25.1
2016Detailed filing. Detailed filing data is available for this year.$28.3$0.00$28.3$11.4$6.94$4.44