Civic Intelligence

Newbridge Fund Inc.

990 • Fiscal year 2019 • EIN 22-2698009

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 16, 2019

7 Industrial RoadPequannock, NJ 07440

(973) 686-2241

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2019 filings • NTEE F • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

14th percentile

0.01x

Higher debt load relative to revenue than 14% of similar nonprofits.

2019 filings • NTEE F • $1M-$5M nonprofits • Source year 2019

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2019 filings • NTEE F • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2019 filings • NTEE F • $1M-$5M nonprofits • Source year 2019

Asset Growth

83rd percentile

33%

Faster asset growth than 83% of similar nonprofits.

2019 filings • NTEE F • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-34%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • NTEE F • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,057,994

Up $506,813 (+33%) from 2018

Net Assets

Up

$2,051,494

Up $505,913 (+33%) from 2018

Liabilities

Up

$6,500

Up $900 (+16%) from 2018

Revenue

Down

$543,968

Down $274,297 (-34%) from 2018

Expenses

Down

$38,055

Down $775,594 (-95%) from 2018

Net Income

Up

$505,913

Up $501,297 (+10860%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $339,443Liabilities 2011: $93,307Net Assets 2011: $246,1362011Assets 2012: $193,621Liabilities 2012: $4,627Net Assets 2012: $188,9942012Assets 2013: $1,211,989Liabilities 2013: $3,000Net Assets 2013: $1,208,9892013Assets 2014: $1,000,603Liabilities 2014: $11,030Net Assets 2014: $989,5732014Assets 2015: $673,712Liabilities 2015: $0Net Assets 2015: $673,7122015Assets 2016: $1,682,770Liabilities 2016: $0Net Assets 2016: $1,682,7702016Assets 2017: $1,747,332Liabilities 2017: $1,917Net Assets 2017: $1,745,4152017Assets 2018: $1,551,181Liabilities 2018: $5,600Net Assets 2018: $1,545,5812018Assets 2019: $2,057,994Liabilities 2019: $6,500Net Assets 2019: $2,051,4942019Assets 2020: $1,817,630Liabilities 2020: $4,500Net Assets 2020: $1,813,1302020Assets 2021: $1,673,013Liabilities 2021: $8,417Net Assets 2021: $1,664,5962021Assets 2022: $2,244,215Liabilities 2022: $15,947Net Assets 2022: $2,228,2682022Assets 2023: $1,499,745Liabilities 2023: $35,671Net Assets 2023: $1,464,0742023Assets 2024: $1,362,177Liabilities 2024: $21,272Net Assets 2024: $1,340,9052024

Highlighted filing

2019

Assets$2,057,994
Liabilities$6,500
Net Assets$2,051,494

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $172,449Expenses 2011: $164,260Net Income 2011: $8,1892011Revenue 2012: $255,385Expenses 2012: $224,800Net Income 2012: $30,5852012Expenses 2013: $544,6092013Revenue 2014: $277,599Expenses 2014: $497,015Net Income 2014: -$219,4162014Revenue 2015: $617,807Expenses 2015: $934,465Net Income 2015: -$316,6582015Revenue 2016: $1,233,263Expenses 2016: $224,695Net Income 2016: $1,008,5682016Revenue 2017: $207,107Expenses 2017: $144,462Net Income 2017: $62,6452017Revenue 2018: $818,265Expenses 2018: $813,649Net Income 2018: $4,6162018Revenue 2019: $543,968Expenses 2019: $38,055Net Income 2019: $505,9132019Revenue 2020: $479,896Expenses 2020: $718,260Net Income 2020: -$238,3642020Revenue 2021: $342,839Expenses 2021: $491,373Net Income 2021: -$148,5342021Revenue 2022: $918,214Expenses 2022: $354,542Net Income 2022: $563,6722022Revenue 2023: $254,663Expenses 2023: $1,018,857Net Income 2023: -$764,1942023Revenue 2024: $121,147Expenses 2024: $117,174Net Income 2024: $3,9732024

Highlighted filing

2019

Revenue$543,968
Expenses$38,055
Net Income$505,913
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 16, 2019
Return Version
2018v3.1
Gross Receipts
$618,611
Mission and Program Overview

Mission

Fundraising to support the charitable organization, newbridge services inc. (ein xxx-xx-xxxx), in its efforts to bring balance to people's lives by providing counseling, housing and education.

SEE PART III - LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,329,465$1,529,872▲ $200,407
Savings and Temporary Cash Investments$67,624$68,070▲ $446
Prepaid Expenses and Deferred Charges$4,770$11,139▲ $6,369
Pledges and Grants Receivable$17,125$291▼ $16,834
Total Assets$1,551,181$2,057,994▲ $506,813
Other Assets Total$132,197$448,622▲ $316,425
Liabilities
Accounts Payable and Accrued Expenses$5,050$4,500▼ $550
Other Liabilities$550$2,000▲ $1,450
Total Liabilities$5,600$6,500▲ $900
Net Assets / Fund Balance
Unrestricted Net Assets$1,545,581$2,051,494▲ $505,913
Total Net Assets Fund Balance$1,545,581$2,051,494▲ $505,913
Total Liabilities and Net Assets / Fund Balance$1,551,181$2,057,994▲ $506,813

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$448,622--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth Cass-schmidtFormer President
Debbie KingPresident
Marie EpisaleFormer Vice-president
David CrapoVice President/former Treasurer
Anne WolfeFormer Secretary
Isobel WayrickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$372,477
Program Service Revenue
$0
Investment Income
$4,573
Other Revenue
$166,918
All Other Contributions
$357,962
Change in Net Assets
$505,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$37,205
Total Fundraising Expense$21,463
Grants and Similar Amounts Paid$850
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$11,242$21,463$32,705
Fees for Services Accounting-$4,500-$4,500
Grants to Domestic Orgs$850--$850
Total Functional Expenses$850$15,742$21,463$38,055
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$241,561
Fundraising Direct Expenses$74,643
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Dinner$168,653$156,628$44,992$111,636
Golf Outing$87,423$84,933$29,651$55,282
Total Events$256,076$241,561$74,643$166,918
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Accounting, auditing and property management services were delegated to newbridge services inc.

Form 990, Part VI, Section A, Line 7A

Existing board members can appoint new board members

Form 990, Part VI, Section A, Line 8B

Newbridge fund, inc. Did not have committees.

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

Newbridges' cfo e-mails the final 990 to each member of the finance committee of newbridge services, inc. For review and comments prior to filing with the irs.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Newbridge Fund Inc
EIN
22-2698009
Phone
9736862241
Address
7 INDUSTRIAL ROAD, PEQUANNOCK, NJ 07440

Signing Officer

Name
Walter Dudzinski
Title
CFO
Phone
9738392520
Signed
2019-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Dudzinski
Formed
1985
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
50

Preparer

Firm
Buchbinder Tunick & Co Llp
Address
ONE PENN PLAZA - SUITE 3500, NEW YORK, NY 10119-3601
Preparer
Marc Newman CPA
Phone
2126955003
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt084933
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0156628
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0241561
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0166918
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt074643
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029651
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt044992
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING, AUDITING AND PROPERTY MANAGEMENT SERVICES WERE DELEGATED TO NEWBRIDGE SERVICES INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXISTING BOARD MEMBERS CAN APPOINT NEW BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NEWBRIDGE FUND, INC. DID NOT HAVE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NEWBRIDGES' CFO E-MAILS THE FINAL 990 TO EACH MEMBER OF THE FINANCE COMMITTEE OF NEWBRIDGE SERVICES, INC. FOR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEWBRIDGE SERVICES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1START EASY EAGLE DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0221725830
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1260744323
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HEALTH SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HEALTH SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170B1AIV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1170B1AIV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07 INDUSTRIAL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt17 INDUSTRIAL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PEQUANNOCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PEQUANNOCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd007440
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd107440
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd01
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01551181
IRS990/TotalAssetsEOYAmt02057994
IRS990/TotalAssetsGrp/BOYAmt01551181
IRS990/TotalAssetsGrp/EOYAmt02057994
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0372477
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021463
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015742
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0850
IRS990/TotalFunctionalExpensesGrp/TotalAmt038055
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05600
IRS990/TotalLiabilitiesEOYAmt06500
IRS990/TotalLiabilitiesGrp/BOYAmt05600
IRS990/TotalLiabilitiesGrp/EOYAmt06500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01545581
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02051494
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0850
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0166918
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04573
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0543968
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01551181
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02057994
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01545581
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02051494
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07 INDUSTRIAL ROAD
IRS990/USAddress/CityNm0PEQUANNOCK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007440
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.NEWBRIDGE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WALTER DUDZINSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09738392520
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEWBRIDGE FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWB
ReturnHeader/Filer/EIN0222698009
ReturnHeader/Filer/PhoneNum09736862241
ReturnHeader/Filer/USAddress/AddressLine1Txt07 INDUSTRIAL ROAD
ReturnHeader/Filer/USAddress/CityNm0PEQUANNOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007440
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0056DA2FF4A7B504AA3A204A4D0F8639E161C80EB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AA7797E29E8E9AF0AE760B6B811E4E75E09D129C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.99.80.132

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.02$1.34$0.12$0.12$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.04$1.46$0.25$1.02$0.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.02$2.23$0.92$0.35$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.01$1.66$0.34$0.49$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.00$1.81$0.48$0.72$0.24
2019Detailed filing. Detailed filing data is available for this year.$2.06$0.01$2.05$0.54$0.04$0.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.01$1.55$0.82$0.81$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.00$1.75$0.21$0.14$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$1.23$0.22$1.01
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.62$0.93$0.32
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.01$0.99$0.28$0.50$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.00$1.21$0.54
2012Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$0.26$0.22$0.03
2011Summary only. Only limited summary data is available for this year.$0.34$0.09$0.25$0.17$0.16$0.01