Civic Intelligence

Mind the Bridge Foundation

990 • Fiscal year 2016 • EIN 24-1468921

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

450 Townsend StSan Francisco, CA 94107

(650) 804-2314

Siviq Scores

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

Liabilities / Assets

94th percentile

0.95x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

0.20x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

5th percentile

-93%

Higher net margin than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

3rd percentile

-85%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-72%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$26,997

Down $151,233 (-85%) from 2015

Net Assets

Down

$1,367

Down $119,391 (-99%) from 2015

Liabilities

Down

$25,630

Down $31,842 (-55%) from 2015

Revenue

Down

$128,540

Down $334,769 (-72%) from 2015

Expenses

Down

$247,931

Down $412,066 (-62%) from 2015

Net Income

Up

-$119,391

Up $77,297 (+39%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $86,351Liabilities 2010: $17,550Net Assets 2010: $68,8012010Assets 2011: $144,967Liabilities 2011: $877Net Assets 2011: $144,0902011Assets 2012: $427,477Liabilities 2012: $55,558Net Assets 2012: $371,9192012Assets 2013: $281,211Liabilities 2013: $54,380Net Assets 2013: $226,8312013Assets 2014: $324,469Liabilities 2014: $7,023Net Assets 2014: $317,4462014Assets 2015: $178,230Liabilities 2015: $57,472Net Assets 2015: $120,7582015Assets 2016: $26,997Liabilities 2016: $25,630Net Assets 2016: $1,3672016Assets 2017: $21,111Liabilities 2017: $25,630Net Assets 2017: -$4,5192017Assets 2018: $19,343Liabilities 2018: $25,630Net Assets 2018: -$6,2872018Assets 2019: $19,343Liabilities 2019: $25,630Net Assets 2019: -$6,2872019Assets 2020: $15,078Liabilities 2020: $10,000Net Assets 2020: $5,0782020Assets 2021: $30,784Liabilities 2021: $5,347Net Assets 2021: $25,4372021Assets 2022: $20,235Liabilities 2022: $694Net Assets 2022: $19,5412022Assets 2023: $18,434Liabilities 2023: $0Net Assets 2023: $18,4342023Assets 2024: $130,666Liabilities 2024: $0Net Assets 2024: $130,6662024

Highlighted filing

2016

Assets$26,997
Liabilities$25,630
Net Assets$1,367

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $98,977Expenses 2010: $72,939Net Income 2010: $26,0382010Expenses 2011: $193,8302011Expenses 2012: $314,1792012Revenue 2013: $301,854Expenses 2013: $446,942Net Income 2013: -$145,0882013Revenue 2014: $604,128Expenses 2014: $513,513Net Income 2014: $90,6152014Revenue 2015: $463,309Expenses 2015: $659,997Net Income 2015: -$196,6882015Revenue 2016: $128,540Expenses 2016: $247,931Net Income 2016: -$119,3912016Revenue 2017: $0Expenses 2017: $5,886Net Income 2017: -$5,8862017Revenue 2018: $0Expenses 2018: $1,768Net Income 2018: -$1,7682018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $41,143Expenses 2021: $20,784Net Income 2021: $20,3592021Revenue 2022: $5,010Expenses 2022: $10,906Net Income 2022: -$5,8962022Revenue 2023: $9,925Expenses 2023: $11,032Net Income 2023: -$1,1072023Revenue 2024: $127,773Expenses 2024: $15,541Net Income 2024: $112,2322024

Highlighted filing

2016

Revenue$128,540
Expenses$247,931
Net Income-$119,391
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$128,540
Mission and Program Overview

Mission

To spur more innovative ideas from italian talents and to share business contacts for the common good.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$23,391--
Cash and Non-Interest-Bearing Accounts$50,619$17,147▼ $33,472
Accounts Receivable$103,182$9,850▼ $93,332
Rtn Earn Endowment Incm Other Fnds$120,758$1,367▼ $119,391
Land, Buildings, and Equipment, Net$538--
Total Assets$178,230$26,997▼ $151,233
Other Assets Total$500--
Liabilities
Accounts Payable and Accrued Expenses$57,472--
Other Liabilities-$25,630-
Total Liabilities$57,472$25,630▼ $31,842
Net Assets / Fund Balance
Total Net Assets Fund Balance$120,758$1,367▼ $119,391
Total Liabilities and Net Assets / Fund Balance$178,230$26,997▼ $151,233

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$2,342-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Richard BolyExecutive Di$25,000$25,000

Board Members and Trustees

NameTitle
Massimo ArrigoniChairman
-Director
Alberto OnettiDirector
Matteo DasteDirector
Stefano BernardiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$10,593
Program Service Revenue
$117,947
Investment Income
$0
Other Revenue
$0
All Other Contributions
$10,593
Change in Net Assets
$-119,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,595
Salaries, Compensation, and Employee Benefits$114,336
Total Fundraising Expense$5,426
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$73,199$8,133-$81,332
Occupancy$36,963$7,393$4,928$49,284
Fees for Services Other$16,780$1,864-$18,644
Pension Plan Contributions$16,200$1,800-$18,000
Payroll Taxes$13,504$1,500-$15,004
Fees for Services Accounting$7,913--$7,913
Office Expenses$7,110--$7,110
Travel$4,483-$498$4,981
Fees for Services Legal$4,619--$4,619
Insurance$3,773--$3,773
Information Technology$1,225--$1,225
Advertising$157--$157
Other Expenses$85--$85
Total Functional Expenses$221,815$20,690$5,426$247,931
International Activity

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Other Liabilities$25,630
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted

Form 990, Page 6, Part VI, Line 19

No documents available to public

Filing and Contact Details

Filer

Filer Name
Mind the Bridge Foundation
EIN
24-1468921
Phone
6508042314
Address
450 TOWNSEND ST, SAN FRANCISCO, CA 94107

Signing Officer

Name
Marco Marinucci
Title
Executive Director
Phone
6508042314
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
3

Preparer

Firm
Lta US Advisors Inc
Address
333 BUSH ST STE 2020, SAN FRANCISCO, CA 94104-2864
Preparer
Filippo Amoroso
Phone
4152404401
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IRS990/USAddress/AddressLine1Txt0450 TOWNSEND ST
IRS990/USAddress/CityNm0SAN FRANCISCO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094107
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0MINDTHEBRIDGE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARCO MARINUCCI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06508042314
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIND THE BRIDGE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MIND
ReturnHeader/Filer/EIN0241468921
ReturnHeader/Filer/PhoneNum06508042314
ReturnHeader/Filer/USAddress/AddressLine1Txt0450 TOWNSEND ST
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094107
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F2897BDA540E6C4F0A47631A56430E235B934CCB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId077D71ED6ADEA0495973AF0BFF4723F6679972267
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474417861
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LTA US ADVISORS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0333 BUSH ST STE 2020
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN FRANCISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0941042864
ReturnHeader/PreparerPersonGrp/PhoneNum04152404401
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FILIPPO AMOROSO
ReturnHeader/ReturnTs02017-05-15T17:42:08-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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.$1.31$0.00$1.31$1.28$0.16$1.12
2023Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.10$0.11$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.20$0.05$0.11$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.05$0.25$0.41$0.21$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.10$0.05$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.26$0.06$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.26$0.06$0.00$0.02$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.26$0.05$0.00$0.06$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.26$0.01$1.29$2.48$1.19
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.57$1.21$4.63$6.60$1.97
2014Detailed filing. Detailed filing data is available for this year.$3.24$0.07$3.17$6.04$5.14$0.91
2013Detailed filing. Detailed filing data is available for this year.$2.81$0.54$2.27$3.02$4.47$1.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$0.56$3.72$3.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.01$1.44$1.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.18$0.69$0.99$0.73$0.26