Civic Intelligence

The Bridge Fund

990 • Fiscal year 2020 • EIN 45-4745677

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 02, 2021

23530 Peppermill CourtBonita Springs, FL 34134

(239) 898-3070

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

85th percentile

62%

Faster asset growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

61%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$697,358

Up $265,587 (+62%) from 2019

Net Assets

Up

$697,358

Up $265,587 (+62%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$763,294

Up $289,692 (+61%) from 2019

Expenses

Up

$497,707

Up $88,979 (+22%) from 2019

Net Income

Up

$265,587

Up $200,713 (+309%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $146,222Liabilities 2013: $02013Assets 2014: $224,680Liabilities 2014: $02014Assets 2015: $276,107Liabilities 2015: $02015Assets 2016: $303,418Liabilities 2016: $02016Assets 2017: $355,444Liabilities 2017: $0Net Assets 2017: $355,4442017Assets 2018: $366,897Liabilities 2018: $0Net Assets 2018: $366,8972018Assets 2019: $431,771Liabilities 2019: $0Net Assets 2019: $431,7712019Assets 2020: $697,358Liabilities 2020: $0Net Assets 2020: $697,3582020Assets 2021: $857,947Liabilities 2021: $0Net Assets 2021: $857,9472021Assets 2022: $1,100,936Liabilities 2022: $0Net Assets 2022: $1,100,9362022Assets 2023: $1,018,890Liabilities 2023: $0Net Assets 2023: $1,018,8902023

Highlighted filing

2020

Assets$697,358
Liabilities$0
Net Assets$697,358

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $111,670Expenses 2013: $38,953Net Income 2013: $72,7172013Revenue 2014: $139,536Expenses 2014: $61,078Net Income 2014: $78,4582014Revenue 2015: $143,014Expenses 2015: $91,588Net Income 2015: $51,4262015Revenue 2016: $160,875Expenses 2016: $133,564Net Income 2016: $27,3112016Revenue 2017: $249,132Expenses 2017: $197,106Net Income 2017: $52,0262017Revenue 2018: $298,348Expenses 2018: $286,895Net Income 2018: $11,4532018Revenue 2019: $473,602Expenses 2019: $408,728Net Income 2019: $64,8742019Revenue 2020: $763,294Expenses 2020: $497,707Net Income 2020: $265,5872020Revenue 2021: $605,738Expenses 2021: $447,184Net Income 2021: $158,5542021Revenue 2022: $843,784Expenses 2022: $600,795Net Income 2022: $242,9892022Revenue 2023: $848,369Expenses 2023: $930,415Net Income 2023: -$82,0462023

Highlighted filing

2020

Revenue$763,294
Expenses$497,707
Net Income$265,587
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 2, 2021
Return Version
2020v4.1
Gross Receipts
$765,164
Mission and Program Overview

Mission

To assist people with basic and critical needs that are experiencing personal crises and support education needs in our local communities, particularly needs not met by other agencies. Needs included shelter, food, medical, transportation, etc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$335,144$372,747▲ $37,603
Cash and Non-Interest-Bearing Accounts$96,627$324,611▲ $227,984
Total Assets$431,771$697,358▲ $265,587
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$411,196$634,508▲ $223,312
Net Assets With Donor Restrictions$20,575$62,850▲ $42,275
Total Net Assets Fund Balance$431,771$697,358▲ $265,587
Total Liabilities and Net Assets / Fund Balance$431,771$697,358▲ $265,587
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike BeebeDirectorPresident
Beverly HaasDirectorVice President
Jim HeraldDirectorVice President
Aileen KevaneDirector
Bob TaylorDirector
Caroline CrewDirector
Jay TrucksDirector
Tom CrowleyDirector
Ann SoperDirectorSecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$705,688
Program Service Revenue
$0
Investment Income
$4,217
Other Revenue
$53,389
All Other Contributions
$695,088
Change in Net Assets
$265,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$488,557
Other Expenses$9,150
Total Fundraising Expense$949
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$302,950--$302,950
Grants to Domestic Orgs$185,607--$185,607
Other Expenses-$3,094-$3,094
Office Expenses-$1,392$928$2,320
Information Technology-$2,008$21$2,029
Insurance-$1,256-$1,256
All Other Expenses-$190-$190
Total Functional Expenses$488,557$8,201$949$497,707
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Redlands Chrisian MigrantImmokalee, FL--$36,124
Blessings in a BackpackFort Myers, FL--$32,450
Cafe of LifeBonita Springs, FL--$28,040
Meals Of HopeNaples, FL--$25,000
Community CooperativeFort Myers, FL--$20,000
Evas FoundationFort Myers, FL--$10,500
St Martin de PorresFort Myers, FL--$9,625
Beacon of HopeSaint James City, FL--$7,000
Salvation Army Ft MyersFort Myers, FL--$5,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$55,259
Fundraising Direct Expenses$1,870
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2021 Auction$21,240$21,240-$21,240
Champions$24,667$14,067$1,100$12,967
Total Events$65,859$55,259$1,870$53,389
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 governing body review Part VI line 11

An electronic copy of Form 990 is sent to each Board member for review before filing.

Conflict of interest policy compliance Part VI line 12C

All Board members are voluntary, retired individuals. Once per year, each member reviews the Conflict of Interest policy and signs The Conflict of Interest form, which is reviewed by the entire Board. An Annual Certification of Compliance with S.496.4055(2), Florida Statutes, is submitted annually to the Department of Agriculture and Consumer Services as part of the Solicitation of Contributions requirement.

Governing documents etc available to public Part VI line 19

Form 990 is available on The Bridge Fund website; financial reports to the State of Florida available on the state website Governing documents and financial reports available upon request.

Filing and Contact Details

Filer

Filer Name
The Bridge Fund
EIN
45-4745677
Address
23530 Peppermill Court, Bonita Springs, FL 34134

Signing Officer

Name
Ann Soper
Title
DirectorSecret
Phone
2394950792
Signed
2021-02-02
Discuss with paid preparer
No

Organization Details

Formed
2012
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
25

Preparer

Firm
Tuscan & Company PA
Address
12621 World Plaza Lane Bldg 55, Fort Myers, FL 33907
Preparer
Jeffrey M Tuscan CPA
Phone
2393332090
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Supported local agencies for food distribution through food pantries during pandemic.

Part XII Response or note to any line in Part XIII

Finance/Compliance Committee oversees the financial statements. During 2020, the committee determined to obtain an independent accountant.

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IRS990ScheduleA/PublicSupportTotal170Amt01543274
IRS990ScheduleA/SubstantialContributorsTotAmt0309243
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0705688
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0449940
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0293667
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0247363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0155859
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01852517
IRS990ScheduleA/TotalSupportAmt01866109
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt010600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt010600
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01870
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm02021 Auction
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Champions
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0508
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0147
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0655
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt024667
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt019952
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt065859
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt014067
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt019952
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt055259
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt053389
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0115
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01215
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01100
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Medical Operation
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Medical Bill
IRS990ScheduleI/RecipientTable/CashGrantAmt036124
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt332450
IRS990ScheduleI/RecipientTable/CashGrantAmt428040
IRS990ScheduleI/RecipientTable/CashGrantAmt510500
IRS990ScheduleI/RecipientTable/CashGrantAmt65500
IRS990ScheduleI/RecipientTable/CashGrantAmt79625
IRS990ScheduleI/RecipientTable/CashGrantAmt87000
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Redlands Chrisian Migrant
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Community Cooperative
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Meals Of Hope
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Blessings in a Backpack
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Cafe of Life
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Evas Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Salvation Army Ft Myers
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7St Martin de Porres
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Beacon of Hope
IRS990ScheduleI/RecipientTable/RecipientEIN0591221966
IRS990ScheduleI/RecipientTable/RecipientEIN1592602772
IRS990ScheduleI/RecipientTable/RecipientEIN2270268307
IRS990ScheduleI/RecipientTable/RecipientEIN3261964620
IRS990ScheduleI/RecipientTable/RecipientEIN4650832961
IRS990ScheduleI/RecipientTable/RecipientEIN5814202200
IRS990ScheduleI/RecipientTable/RecipientEIN6580660607
IRS990ScheduleI/RecipientTable/RecipientEIN7464001708
IRS990ScheduleI/RecipientTable/RecipientEIN8030551791
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0402 W Main Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13429 Dr Martin Luther King Jr Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22221 Corporation Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 61402
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO Box 367794
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt516331 Old US 41 Suite 101
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt610291 McGregor Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7PO Box 50754
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt85090 Doug Taylor Circle
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Immokalee
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Fort Myers
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Naples
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Fort Myers
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Bonita Springs
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Fort Myers
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Fort Myers
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Fort Myers
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Saint James City
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd034142
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd234109
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd333906
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd633919
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd733994
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd833956
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Bridge Fund operates through partnerships with 501(c)(3) agencies and schools who come to The Bridge Fund when they cannot meet a legitimate need. Most support by The Bridge Fund goes for specific individuals and families by payment to a landlord for rent, a utility company for an overdue bill, a medical provider for treatment, etc. For some needs, such as food to school children, migrant families and seniors. The Bridge Fund directs funds (grants) specifically to the agencies listed in Part II for an agreed upon number of individuals or families and for a specified amount/product delivery. These agencies are monitored to be sure they remain 501(c)(3).
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990ScheduleI/Total501c3OrgCnt05
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0An electronic copy of Form 990 is sent to each Board member for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All Board members are voluntary, retired individuals. Once per year, each member reviews the Conflict of Interest policy and signs The Conflict of Interest form, which is reviewed by the entire Board. An Annual Certification of Compliance with S.496.4055(2), Florida Statutes, is submitted annually to the Department of Agriculture and Consumer Services as part of the Solicitation of Contributions requirement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is available on The Bridge Fund website; financial reports to the State of Florida available on the state website Governing documents and financial reports available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supported local agencies for food distribution through food pantries during pandemic.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Finance/Compliance Committee oversees the financial statements. During 2020, the committee determined to obtain an independent accountant.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XII Response or note to any line in Part XIII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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