Civic Intelligence

Coachella Valley Bridge Foundation

EIN 26-2592688 • 501(c)3 • Palm Desert, CA

Profile

Operation of a community center for duplicate bridge. Games are held seven days per week. Bridge classes and seminars are also conducted.

34202 Cook StPalm Desert, CA 92211

www.duncanbridgecenter.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.41x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$100,337

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

29th percentile

-3.0%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

2.8%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,330,976

Down $72,579 (-3.0%) from 2023

Liabilities

Down

$292,850

Down $239,549 (-45%) from 2023

Net Assets

Up

$2,038,126

Up $166,970 (+8.9%) from 2023

Revenue

Up

$713,056

Up $19,714 (+2.8%) from 2023

Expenses

Up

$546,086

Up $64,212 (+13%) from 2023

Net Income

Down

$166,970

Down $44,498 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2014: $211,518Liabilities 2014: $0Net Assets 2014: $211,5182014Assets 2015: $250,006Liabilities 2015: $845Net Assets 2015: $249,1612015Assets 2016: $294,779Liabilities 2016: $11,937Net Assets 2016: $282,8422016Assets 2017: $589,387Liabilities 2017: $5,290Net Assets 2017: $584,0972017Assets 2018: $1,057,690Liabilities 2018: $9,278Net Assets 2018: $1,048,4122018Assets 2019: $2,368,007Liabilities 2019: $1,169,652Net Assets 2019: $1,198,3552019Assets 2020: $2,761,283Liabilities 2020: $1,436,216Net Assets 2020: $1,325,0672020Assets 2021: $2,762,361Liabilities 2021: $1,289,022Net Assets 2021: $1,473,3392021Assets 2022: $2,518,907Liabilities 2022: $859,219Net Assets 2022: $1,659,6882022Assets 2023: $2,403,555Liabilities 2023: $532,399Net Assets 2023: $1,871,1562023Assets 2024: $2,330,976Liabilities 2024: $292,850Net Assets 2024: $2,038,1262024

Highlighted filing

2024

Assets$2,330,976
Liabilities$292,850
Net Assets$2,038,126

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0Revenue 2014: $215,947Expenses 2014: $170,225Net Income 2014: $45,7222014Revenue 2015: $198,539Expenses 2015: $160,896Net Income 2015: $37,6432015Revenue 2016: $232,175Expenses 2016: $198,494Net Income 2016: $33,6812016Revenue 2017: $500,045Expenses 2017: $198,788Net Income 2017: $301,2572017Revenue 2018: $695,402Expenses 2018: $231,090Net Income 2018: $464,3122018Revenue 2019: $490,487Expenses 2019: $340,543Net Income 2019: $149,9442019Revenue 2020: $528,860Expenses 2020: $402,149Net Income 2020: $126,7112020Revenue 2021: $818,074Expenses 2021: $669,802Net Income 2021: $148,2722021Revenue 2022: $653,388Expenses 2022: $467,039Net Income 2022: $186,3492022Revenue 2023: $693,342Expenses 2023: $481,874Net Income 2023: $211,4682023Revenue 2024: $713,056Expenses 2024: $546,086Net Income 2024: $166,9702024

Highlighted filing

2024

Revenue$713,056
Expenses$546,086
Net Income$166,970

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 24, 2023
Return Version
2022v5.0
Gross Receipts
$653,388
Mission and Program Overview

Mission

Operation of a community center for duplicate bridge. Games are held seven days per week. Bridge classes and seminars are also conducted.

Operation of a community center for duplicate bridge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,406,228$2,315,966▼ $90,262
Loans From Officers Directors$1,121,644$681,265▼ $440,379
Savings and Temporary Cash Investments$277,230$155,069▼ $122,161
Accounts Receivable$48,259$25,722▼ $22,537
Cash and Non-Interest-Bearing Accounts$28,616$15,550▼ $13,066
Prepaid Expenses and Deferred Charges$28$4,600▲ $4,572
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,762,361$2,518,907▼ $243,454
Other Assets Total$2,000$2,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$150,000$159,672▲ $9,672
Other Liabilities-$12,147-
Accounts Payable and Accrued Expenses$15,998$6,135▼ $9,863
Deferred Revenue$1,380--
Total Liabilities$1,289,022$859,219▼ $429,803
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,473,339$1,659,688▲ $186,349
Total Net Assets Fund Balance$1,473,339$1,659,688▲ $186,349
Total Liabilities and Net Assets / Fund Balance$2,762,361$2,518,907▼ $243,454

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,315,966$241,880$2,557,846
Compensation and Service Providers

Board Members and Trustees

NameTitle
Guy BrackettPresident
Ross GrabelVice President
Barbara HopewellDirector
Martin BlainDirector
Nancy EricksonDirector
Hugh MeeksSecretary
Matt LundTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,618
Program Service Revenue
$492,569
Investment Income
$201
Other Revenue
$0
All Other Contributions
$160,618
Change in Net Assets
$186,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,830
Salaries, Compensation, and Employee Benefits$137,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,954--$126,954
Occupancy$126,355--$126,355
Depreciation Depletion$85,262--$85,262
Payroll Taxes$10,255--$10,255
Interest$9,672--$9,672
Office Expenses-$6,820-$6,820
Insurance-$4,851-$4,851
Fees for Services Legal-$2,834-$2,834
Other Expenses$849--$849
Advertising$731--$731
Total Functional Expenses$452,534$14,505$0$467,039
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,121,644$681,265▼ $440,379
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$5,544
Credit Card Payable$3,756
Accrued Payroll$2,585
Payroll Liabilities$262
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Guy Brackett distributed a draft 990 to all board members for review and comment prior to filing with the IRS.

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

A conflict of interest statement is completed which provides details, if any. Statements are maintained by the Coachella Valley Bridge Foundation secretary.

Form 990, Part VI, Section C, Line 19

Annual financial statements are posted to the Coachella Valley Bridge Foundation website. Tax returns are furnished upon request.

Filing and Contact Details

Filer

Filer Name
Coachella Valley Bridge Foundation
EIN
26-2592688
Phone
6264299676
Address
34202 Cook St, Palm Desert, CA 92211

Signing Officer

Name
Guy Brackett
Title
President
Signed
2023-05-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Guy Brackett
Formed
2009
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
8
Volunteers
15

Preparer

Firm
Maryanov Madsen Gordon Campbell
Address
PO Box 1826, PALM SPRINGS, CA 92263
Preparer
Stephen Dawson CPA
Phone
7603206642
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0186349
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0492569
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0277230
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0155069
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0160618
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0373477
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0130459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0123841
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0376179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01164574
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0201
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0380
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0132
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012825
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010169
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt023707
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0492569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0444217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0398401
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0353820
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0309054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01998061
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0380
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0132
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt023707
IRS990ScheduleA/InvestmentIncomeCYPct00.00740
IRS990ScheduleA/InvestmentIncomePYPct00.00810
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99260
IRS990ScheduleA/PublicSupportPY509Pct00.99190
IRS990ScheduleA/PublicSupportTotal509Amt03162635
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0653187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0817694
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0528860
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0477661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0685233
IRS990ScheduleA/Total509Grp/TotalAmt03162635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0653388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0818074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0528992
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0490486
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0695402
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03186342
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02315966
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0241880
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02557846
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02585
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15544
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23756
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED VACATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02315966
IRS990ScheduleD/TotalLiabilityAmt012147
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0681265
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CONSTRN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROBERT WERNICK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRIOR BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0681265
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Guy Brackett distributed a draft 990 to all board members for review and comment prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A conflict of interest statement is completed which provides details, if any. Statements are maintained by the Coachella Valley Bridge Foundation secretary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annual financial statements are posted to the Coachella Valley Bridge Foundation website. Tax returns are furnished upon request.
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02762361
IRS990/TotalAssetsEOYAmt02518907
IRS990/TotalAssetsGrp/BOYAmt02762361
IRS990/TotalAssetsGrp/EOYAmt02518907
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0160618
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014505
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0452534
IRS990/TotalFunctionalExpensesGrp/TotalAmt0467039
IRS990/TotalGrossUBIAmt00

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