Civic Intelligence

Bridgeway Foundation

990 • Fiscal year 2023 • EIN 37-1030683

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 31, 2024

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

20th percentile

0.02x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

48th percentile

0.23x

Higher debt load relative to revenue than 48% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

86th percentile

37%

Higher net margin than 86% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

57th percentile

8.2%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-6.5%

Faster revenue growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$17,833,695

Up $1,354,714 (+8.2%) from 2022

Net Assets

Up

$17,480,555

Up $1,374,713 (+8.5%) from 2022

Liabilities

Down

$353,140

Down $19,999 (-5.4%) from 2022

Revenue

Down

$1,533,198

Down $106,815 (-6.5%) from 2022

Expenses

Down

$968,563

Down $30,222 (-3.0%) from 2022

Net Income

Down

$564,635

Down $76,593 (-12%) from 2022

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

2023

Assets$17,833,695
Liabilities$353,140
Net Assets$17,480,555

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

2023

Revenue$1,533,198
Expenses$968,563
Net Income$564,635
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 31, 2024
Return Version
2022v5.0
Gross Receipts
$2,869,756
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$9,845,396$10,792,007▲ $946,611
Cash and Non-Interest-Bearing Accounts$3,906,987$3,833,378▼ $73,609
Land, Buildings, and Equipment, Net$371,097$384,477▲ $13,380
Prepaid Expenses and Deferred Charges$75,394$44,431▼ $30,963
Accounts Receivable$145$145→ $0
Total Assets$16,478,981$17,833,695▲ $1,354,714
Other Assets Total$2,279,962$2,779,257▲ $499,295
Liabilities
Other Liabilities$320,491$286,919▼ $33,572
Accounts Payable and Accrued Expenses$52,648$66,221▲ $13,573
Total Liabilities$373,139$353,140▼ $19,999
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,084,753$17,461,516▲ $1,376,763
Net Assets With Donor Restrictions$21,089$19,039▼ $2,050
Total Net Assets Fund Balance$16,105,842$17,480,555▲ $1,374,713
Total Liabilities and Net Assets / Fund Balance$16,478,981$17,833,695▲ $1,354,714

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$384,477$4,070,143$4,454,620
Other Assets Org$2,779,257--
Other Securities$10,792,007--
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$23,200
Program Service Revenue
$1,231,161
Investment Income
$278,837
Other Revenue
$0
All Other Contributions
$23,200
Change in Net Assets
$564,635

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,465,568
Revenue Not Reported on Financial Statements
$67,630
Revenue Not Reported on Form 990
$810,078
Total Revenue per Audited Statements
$2,275,646
Total Revenue per Form 990
$1,533,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$939,101
Grants and Similar Amounts Paid$29,462
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$179,216--$179,216
Occupancy$134,216--$134,216
Fees for Service Investment Mgmnt Fees-$67,630-$67,630
Other Expenses$54,436$45,697-$45,697
Fees for Services Accounting-$30,020-$30,020
Grants to Domestic Orgs$29,462--$29,462
Total Functional Expenses$785,584$182,979$0$968,563

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$968,563
Expenses per Audited Statements$900,933
Total Expenses per Audited Statements$900,933
Expenses Not Reported on Financial Statements$67,630
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.$21,962
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 6/30/23: BRIDGEWAY PROPERTIES $2,698,446 BRIDGEWAY INC. $ 14,869 BRIDGEWAY HOMES 02, NFP $ 7,725 BRIDGEWAY KEWANEE 04, NFP $ 58,217 TOTAL $2,779,257THIS ORGANIZATION DONATED $21,962 TO BRIDGEWAY, INC. DURING THE YEAR ENDED 6/30/23.THIS ORGANIZATION INCURRED $130,697 IN MANAGEMENT FEE EXPENSE PAID TO HUMAN SERVICE PROFESSIONALS, LLC.No$2,931,916
Organizations Listed in Part D BeloOfficers of This Organization Are Officers of Organizations Listed BelowTHIS ORGANIZATION RECEIVED INCOME OF $728,112 FROM BRIDGEWAY, INC. FOR TRANSPORTATION AND LEASING SERVICES.THIS ORGANIZATION RECEIVED $484,543 FROM BRIDGEWAY PROPERTIES FOR A TRANSFER OF OPERATING INCOME.THE AMOUNT OWED TO OTHER ORGANIZATIONS FROM THIS ORGANIZATION AT 6/30/23: ILLINOIS GROWTH ENTERPRISES $286,919No$1,499,574
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Trust Assets Held for Related Party$286,919
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
2024-01-31
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
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt075394
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044431
IRS990/PrincipalOfficerNm0WILLIAM NELSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0837381
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1393780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0837381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1393780
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt011477
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt027080
IRS990/PYInvestmentIncomeAmt0419404
IRS990/PYOtherExpensesAmt0971705
IRS990/PYOtherRevenueAmt0500
IRS990/PYProgramServiceRevenueAmt01208632
IRS990/PYRevenuesLessExpensesAmt0641228
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0998785
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01640013
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0564635
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01231161
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011477
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt066273
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt073164
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt025034
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0199148
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0194956
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0180848
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0163792
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0177325
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0174394
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0891315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01231161
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01208632
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01163611
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01298810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01196177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06098391
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0194956
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0180848
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0163792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0177325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0174394
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0891315
IRS990ScheduleA/InvestmentIncomeCYPct00.12390
IRS990ScheduleA/InvestmentIncomePYPct00.10820
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02865
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02884
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06259
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87530
IRS990ScheduleA/PublicSupportPY509Pct00.89050
IRS990ScheduleA/PublicSupportTotal509Amt06297539
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01254361
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01220109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01229884
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01371974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01221211
IRS990ScheduleA/Total509Grp/TotalAmt06297539
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01449317
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01401457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01396541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01552183
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01395615
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07195113
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0384477
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04070143
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04454620
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt067630
IRS990ScheduleD/ExpensesSubtotalAmt0900933
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt067630
IRS990ScheduleD/InvestmentExpensesNotIncldAmt067630
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0810078
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02779257
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RELATED PARTY RECEIVABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0286919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TRUST ASSETS HELD FOR RELATED PARTY
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt010792007
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0810078
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt067630
IRS990ScheduleD/RevenueSubtotalAmt01465568
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0384477
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02779257
IRS990ScheduleD/TotalBookValueSecuritiesAmt010792007
IRS990ScheduleD/TotalExpensesPerForm990Amt0968563
IRS990ScheduleD/TotalLiabilityAmt0286919
IRS990ScheduleD/TotalRevenuePerForm990Amt01533198
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02275646
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0900933
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt021962
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/Total501c3OrgCnt01
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/TransactionAmt02931916
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt11499574
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE AMOUNT OWED FROM OTHER ORGANIZATIONS TO THIS ORGANIZATION FOR VARIOUS SERVICES AT 6/30/23: BRIDGEWAY PROPERTIES $2,698,446 BRIDGEWAY INC. $ 14,869 BRIDGEWAY HOMES 02, NFP $ 7,725 BRIDGEWAY KEWANEE 04, NFP $ 58,217 TOTAL $2,779,257THIS ORGANIZATION DONATED $21,962 TO BRIDGEWAY, INC. DURING THE YEAR ENDED 6/30/23.THIS ORGANIZATION INCURRED $130,697 IN MANAGEMENT FEE EXPENSE PAID TO HUMAN SERVICE PROFESSIONALS, LLC.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1THIS ORGANIZATION RECEIVED INCOME OF $728,112 FROM BRIDGEWAY, INC. FOR TRANSPORTATION AND LEASING SERVICES.THIS ORGANIZATION RECEIVED $484,543 FROM BRIDGEWAY PROPERTIES FOR A TRANSFER OF OPERATING INCOME.THE AMOUNT OWED TO OTHER ORGANIZATIONS FROM THIS ORGANIZATION AT 6/30/23: ILLINOIS GROWTH ENTERPRISES $286,919
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/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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30

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