Civic Intelligence

Bridgeway Foundation

990 • Fiscal year 2022 • EIN 37-1030683

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 18, 2023

2323 N Windish DriveGalesburg, IL 61401

(309) 344-2323

Siviq Scores

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

Liabilities / Assets

21st percentile

0.02x

Higher debt load relative to assets than 21% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.23x

Higher debt load relative to revenue than 51% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

84th percentile

39%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

29th percentile

-5.8%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

8.8%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$16,478,981

Down $1,013,662 (-5.8%) from 2021

Net Assets

Down

$16,105,842

Down $916,464 (-5.4%) from 2021

Liabilities

Down

$373,139

Down $97,198 (-21%) from 2021

Revenue

Up

$1,640,013

Up $132,350 (+8.8%) from 2021

Expenses

Down

$998,785

Down $69,083 (-6.5%) from 2021

Net Income

Up

$641,228

Up $201,433 (+46%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2012: $13,976,729Liabilities 2012: $6,051,465Net Assets 2012: $7,925,2642012Assets 2013: $13,524,866Liabilities 2013: $4,416,406Net Assets 2013: $9,108,4602013Assets 2014: $14,327,058Liabilities 2014: $3,934,764Net Assets 2014: $10,392,2942014Assets 2015: $12,212,922Liabilities 2015: $2,441,999Net Assets 2015: $9,770,9232015Assets 2016: $12,326,723Liabilities 2016: $1,880,818Net Assets 2016: $10,445,9052016Assets 2017: $13,425,228Liabilities 2017: $1,371,296Net Assets 2017: $12,053,9322017Assets 2018: $13,324,210Liabilities 2018: $385,870Net Assets 2018: $12,938,3402018Assets 2019: $14,176,021Liabilities 2019: $389,245Net Assets 2019: $13,786,7762019Assets 2020: $14,844,605Liabilities 2020: $586,751Net Assets 2020: $14,257,8542020Assets 2021: $17,492,643Liabilities 2021: $470,337Net Assets 2021: $17,022,3062021Assets 2022: $16,478,981Liabilities 2022: $373,139Net Assets 2022: $16,105,8422022Assets 2023: $17,833,695Liabilities 2023: $353,140Net Assets 2023: $17,480,5552023Assets 2024: $20,122,145Liabilities 2024: $387,870Net Assets 2024: $19,734,2752024

Highlighted filing

2022

Assets$16,478,981
Liabilities$373,139
Net Assets$16,105,842

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2012: $3,654,8652012Expenses 2013: $2,300,5242013Revenue 2014: $3,241,747Expenses 2014: $2,248,538Net Income 2014: $993,2092014Revenue 2015: $2,488,225Expenses 2015: $1,698,111Net Income 2015: $790,1142015Revenue 2016: $2,419,775Expenses 2016: $1,532,666Net Income 2016: $887,1092016Revenue 2017: $2,552,144Expenses 2017: $1,247,636Net Income 2017: $1,304,5082017Revenue 2018: $1,670,441Expenses 2018: $827,430Net Income 2018: $843,0112018Revenue 2019: $1,546,056Expenses 2019: $873,254Net Income 2019: $672,8022019Revenue 2020: $1,583,539Expenses 2020: $1,081,790Net Income 2020: $501,7492020Revenue 2021: $1,507,663Expenses 2021: $1,067,868Net Income 2021: $439,7952021Revenue 2022: $1,640,013Expenses 2022: $998,785Net Income 2022: $641,2282022Revenue 2023: $1,533,198Expenses 2023: $968,563Net Income 2023: $564,6352023Revenue 2024: $1,990,707Expenses 2024: $1,040,241Net Income 2024: $950,4662024

Highlighted filing

2022

Revenue$1,640,013
Expenses$998,785
Net Income$641,228
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 18, 2023
Return Version
2021v4.2
Gross Receipts
$2,575,006
Mission and Program Overview

Mission

Hold title to property to lease to other affiliated exempt organizations and providing management and accounting services to these other organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$11,099,949$9,845,396▼ $1,254,553
Cash and Non-Interest-Bearing Accounts$3,969,658$3,906,987▼ $62,671
Land, Buildings, and Equipment, Net$542,189$371,097▼ $171,092
Prepaid Expenses and Deferred Charges$98,171$75,394▼ $22,777
Accounts Receivable$1,015$145▼ $870
Total Assets$17,492,643$16,478,981▼ $1,013,662
Other Assets Total$1,781,661$2,279,962▲ $498,301
Liabilities
Other Liabilities$417,258$320,491▼ $96,767
Accounts Payable and Accrued Expenses$53,079$52,648▼ $431
Total Liabilities$470,337$373,139▼ $97,198
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,004,077$16,084,753▼ $919,324
Net Assets With Donor Restrictions$18,229$21,089▲ $2,860
Total Net Assets Fund Balance$17,022,306$16,105,842▼ $916,464
Total Liabilities and Net Assets / Fund Balance$17,492,643$16,478,981▼ $1,013,662

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$371,097$3,955,170$4,326,267
Other Assets Org$2,279,962--
Other Securities$9,845,396--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David GarnerChairman
William NelsonCEO/president
Steve TibbittsVice Chairman
Chris ButcherBoard Member
Jason DuncanBoard Member
Wayne AllenBoard Member
Jennifer DaltonSecretary
Staci DannerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,477
Program Service Revenue
$1,208,632
Investment Income
$419,404
Other Revenue
$500
All Other Contributions
$11,477
Change in Net Assets
$641,228

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,562,285
Revenue Not Reported on Financial Statements
$77,728
Revenue Not Reported on Form 990
$-1,557,692
Total Revenue per Audited Statements
$4,593
Total Revenue per Form 990
$1,640,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$971,705
Grants and Similar Amounts Paid$27,080
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$222,465--$222,465
Occupancy$151,462--$151,462
Other Expenses$34,060$36,180-$70,240
All Other Expenses-$40,608-$40,608
Fees for Services Accounting-$30,000-$30,000
Grants to Domestic Orgs$27,080--$27,080
Total Functional Expenses$814,269$184,516$0$998,785

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$998,785
Expenses per Audited Statements$921,057
Total Expenses per Audited Statements$921,057
Expenses Not Reported on Financial Statements$77,728
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridgeway IncGalesburg, IL501(c)(3)REQUIRED % W/ MCPT TRANSPORTATION CONTRACT AND DONATED FUNDS INITIATIVE 25% MATCH AND MISCELLANEOUS DONATIONS.$21,080
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Organizations Listed in Part D BeloOfficers of This Organization Are Officers of Organizations Listed BelowTHE AMOUNT OWED FROM OTHER ORGANIZATIONS TO THIS ORGANIZATION FOR VARIOUS SERVICES AT 6/30/22: BRIDGEWAY PROPERTIES $2,213,903 BRIDGEWAY INC. $ 117 BRIDGEWAY HOMES 02, NFP $ 7,725 BRIDGEWAY KEWANEE 04, NFP $ 58,217 TOTAL $2,279,962THIS ORGANIZATION DONATED $21,080 TO BRIDGEWAY, INC. DURING THE YEAR ENDED 6/30/22.THIS ORGANIZATION INCURRED $130,697 IN MANAGEMENT FEE EXPENSE PAID TO HUMAN SERVICE PROFESSIONALS, LLC.No$2,431,739
Organizations Listed in Part D BeloOfficers of This Organization Are Officers of Organizations Listed BelowTHIS ORGANIZATION RECEIVED INCOME OF $697,236 FROM BRIDGEWAY, INC. FOR TRANSPORTATION AND LEASING SERVICES.THIS ORGANIZATION RECEIVED $494,326 FROM BRIDGEWAY PROPERTIES FOR A TRANSFER OF OPERTING INCOME.THE AMOUNT OWED TO OTHER ORGANIZATIONS FROM THIS ORGANIZATION AT 6/30/22: ILLINOIS GROWTH ENTERPRISES $320,491No$1,512,053
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Trust Assets Held for Related Party$320,491
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Daily management services are performed by human service professionals, llc.

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

Due to the size of the board, there are no committees.

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

The form is reviewed by the treasurer and president before signature. The return is approved by the board prior to or after filing depending upon timing.

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

All board members go through independence training and are required to report any conflicts to the board.

Form 990, Part VI, Section C, Line 19

Documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Bridgeway Foundation
EIN
37-1030683
Phone
3093442323
Address
2323 N WINDISH DRIVE, GALESBURG, IL 61401

Signing Officer

Name
William Nelson
Title
CEO
Phone
3093442323
Signed
2023-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Nelson
Formed
1977
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Samuel a Cigelnik
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Dues & subscriptions: program service expenses 0. Management and general expenses 40,608. Fundraising expenses 0. Total expenses 40,608.

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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0500
IRS990/OtherRevenueTotalAmt0500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt098171
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt075394
IRS990/PrincipalOfficerNm0WILLIAM NELSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0818308
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1390324
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0818308
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1390324
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt066273
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0242500
IRS990/PYInvestmentIncomeAmt0274914
IRS990/PYOtherExpensesAmt0825368
IRS990/PYOtherRevenueAmt02865
IRS990/PYProgramServiceRevenueAmt01163611
IRS990/PYRevenuesLessExpensesAmt0439795
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01067868
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01507663
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0641228
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01209132
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011477
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt066273
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt073164
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025034
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08495
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0184443
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0180848
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0163792
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0177325
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0174394
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt090053
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0786412
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01208632
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01163611
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01298810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01196177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01418215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06285445
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0180848
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0163792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0177325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0174394
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt090053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0786412
IRS990ScheduleA/InvestmentIncomeCYPct00.10820
IRS990ScheduleA/InvestmentIncomePYPct00.08090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02865
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02884
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02796
IRS990ScheduleA/OtherIncome509Grp/TotalAmt09055
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.89050
IRS990ScheduleA/PublicSupportPY509Pct00.91800
IRS990ScheduleA/PublicSupportTotal509Amt06469888
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01220109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01229884
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01371974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01221211
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01426710
IRS990ScheduleA/Total509Grp/TotalAmt06469888
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01401457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01396541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01552183
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01395615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01519559
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07265355
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0371097
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03955170
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04326267
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt077728
IRS990ScheduleD/ExpensesSubtotalAmt0921057
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt077728
IRS990ScheduleD/InvestmentExpensesNotIncldAmt077728
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1557692
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02279962
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RELATED PARTY RECEIVABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0320491
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TRUST ASSETS HELD FOR RELATED PARTY
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt09845396
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-1557692
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt077728
IRS990ScheduleD/RevenueSubtotalAmt01562285
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0371097
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02279962
IRS990ScheduleD/TotalBookValueSecuritiesAmt09845396
IRS990ScheduleD/TotalExpensesPerForm990Amt0998785
IRS990ScheduleD/TotalLiabilityAmt0320491
IRS990ScheduleD/TotalRevenuePerForm990Amt01640013
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04593
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0921057
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt021080
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0REQUIRED % W/ MCPT TRANSPORTATION CONTRACT AND DONATED FUNDS INITIATIVE 25% MATCH AND MISCELLANEOUS DONATIONS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BRIDGEWAY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0370984175
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02323 N WINDISH DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GALESBURG
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd061401
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0QUARTERLY STATEMENTS ARE KEPT ON RECORD FOR THE ANNUAL MCPT CONTRACT GRANT. THIS GRANT IS GIVEN AS REIMBURSEMENT FOR ONLY ELIGIBLE EXPENSES. THE ANNUAL DONATED FUNDS INITIATIVE IS A STRAIGHT 25% MATCH FROM BRIDGEWAY FOUNDATION TO THE MONTHLY AMOUNT BRIDGEWAY, INC. RECEIVES FROM THE DFI FUNDS FROM THE STATE. THE DFI REQUIRES THAT BRIDGEWAY, INC. ACQUIRE A 25% MATCH TO THE FUNDS THEY RECEIVE. BRIDGEWAY FOUNDATION FULFILLS THAT REQUIREMENT. USE OF FUNDS TO OTHER ORGANIZATIONS ARE GENERAL DONATIONS WITH NO MONITORING OF THEIR USE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ORGANIZATIONS LISTED IN PART D BELO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1ORGANIZATIONS LISTED IN PART D BELO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICERS OF THIS ORGANIZATION ARE OFFICERS OF ORGANIZATIONS LISTED BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICERS OF THIS ORGANIZATION ARE OFFICERS OF ORGANIZATIONS LISTED BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt02431739
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt11512053
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE AMOUNT OWED FROM OTHER ORGANIZATIONS TO THIS ORGANIZATION FOR VARIOUS SERVICES AT 6/30/22: BRIDGEWAY PROPERTIES $2,213,903 BRIDGEWAY INC. $ 117 BRIDGEWAY HOMES 02, NFP $ 7,725 BRIDGEWAY KEWANEE 04, NFP $ 58,217 TOTAL $2,279,962THIS ORGANIZATION DONATED $21,080 TO BRIDGEWAY, INC. DURING THE YEAR ENDED 6/30/22.THIS ORGANIZATION INCURRED $130,697 IN MANAGEMENT FEE EXPENSE PAID TO HUMAN SERVICE PROFESSIONALS, LLC.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1THIS ORGANIZATION RECEIVED INCOME OF $697,236 FROM BRIDGEWAY, INC. FOR TRANSPORTATION AND LEASING SERVICES.THIS ORGANIZATION RECEIVED $494,326 FROM BRIDGEWAY PROPERTIES FOR A TRANSFER OF OPERTING INCOME.THE AMOUNT OWED TO OTHER ORGANIZATIONS FROM THIS ORGANIZATION AT 6/30/22: ILLINOIS GROWTH ENTERPRISES $320,491
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAILY MANAGEMENT SERVICES ARE PERFORMED BY HUMAN SERVICE PROFESSIONALS, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO THE SIZE OF THE BOARD, THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM IS REVIEWED BY THE TREASURER AND PRESIDENT BEFORE SIGNATURE. THE RETURN IS APPROVED BY THE BOARD PRIOR TO OR AFTER FILING DEPENDING UPON TIMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS GO THROUGH INDEPENDENCE TRAINING AND ARE REQUIRED TO REPORT ANY CONFLICTS TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 40,608. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,608.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.1$0.39$19.7$1.99$1.04$0.95
2023Detailed filing. Detailed filing data is available for this year.$17.8$0.35$17.5$1.53$0.97$0.56
2022Detailed filing. Detailed filing data is available for this year.$16.5$0.37$16.1$1.64$1.00$0.64
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$0.47$17.0$1.51$1.07$0.44
2020Detailed filing. Detailed filing data is available for this year.$14.8$0.59$14.3$1.58$1.08$0.50
2019Detailed filing. Detailed filing data is available for this year.$14.2$0.39$13.8$1.55$0.87$0.67
2018Detailed filing. Detailed filing data is available for this year.$13.3$0.39$12.9$1.67$0.83$0.84
2017Detailed filing. Detailed filing data is available for this year.$13.4$1.37$12.1$2.55$1.25$1.30
2016Detailed filing. Detailed filing data is available for this year.$12.3$1.88$10.4$2.42$1.53$0.89
2015Detailed filing. Detailed filing data is available for this year.$12.2$2.44$9.77$2.49$1.70$0.79
2014Detailed filing. Detailed filing data is available for this year.$14.3$3.93$10.4$3.24$2.25$0.99
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$4.42$9.11$2.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$6.05$7.93$3.65