Civic Intelligence

Bridgepoint Housing Foundation

990 • Fiscal year 2017 • EIN 46-4227057

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

Organization Profilebridgepointhousing.org
1887 Monterey Road - 2nd FloorSan Jose, CA 95112

(212) 555-0123

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $57,274 (-100%) from 2016

Net Assets

Down

-$8,932

Down $6,206 (-228%) from 2016

Liabilities

Down

$8,932

Down $51,068 (-85%) from 2016

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Up

$0

Up $11,002 (+100%) from 2016

Expenses

Up

$6,206

Up $5,778 (+1350%) from 2016

Net Income

Up

-$6,206

Up $5,224 (+46%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$600K$400K$200K$0-$200KAssets 2015: $425,704Liabilities 2015: $417,000Net Assets 2015: $8,7042015Assets 2016: $57,274Liabilities 2016: $60,000Net Assets 2016: -$2,7262016Assets 2017: $0Liabilities 2017: $8,932Net Assets 2017: -$8,9322017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2017

Assets$0
Liabilities$8,932
Net Assets-$8,932
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2015: $47,962Expenses 2015: $425Net Income 2015: $47,5372015Revenue 2016: -$11,002Expenses 2016: $428Net Income 2016: -$11,4302016Revenue 2017: $0Expenses 2017: $6,206Net Income 2017: -$6,2062017Revenue 2018: $11,227Expenses 2018: $2,295Net Income 2018: $8,9322018

Highlighted filing

2017

Revenue$0
Expenses$6,206
Net Income-$6,206
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$0
Mission and Program Overview

Mission

Bridgepoint Housing Foundation creates economic and housing opportunities for low to moderate income families, veterans, and seniors. In collaboration with our community partners, Bridgepoint is the Bridge for many California Bay Area families to buying their first home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,258$0▼ $57,258
Loans From Officers Directors$60,000$8,932▼ $51,068
Other Notes and Loans Receivable, Net$16$0▼ $16
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-2,726$-8,932▼ $6,206
Total Assets$57,274$0▼ $57,274
Other Assets Total-$0-
Liabilities
Total Liabilities$60,000$8,932▼ $51,068
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,726$-8,932▼ $6,206
Total Liabilities and Net Assets / Fund Balance$57,274$0▼ $57,274
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Alan NguyenPresident
Dennis KingBoard Member
Mimi HernandezBoard Member
Peter SanchezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-6,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,206
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$5,650--$5,650
Office Expenses$224--$224
Other Expenses$134--$134
Total Functional Expenses$6,206$0$0$6,206
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$60,000$8,932▼ $51,068
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Bridgepoint Housing Foundation
EIN
46-4227057
Phone
2125550123
Address
1887 Monterey Road - 2nd Floor, San Jose, CA 95112

Signing Officer

Name
Peter Sanchez
Title
Treasurer
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Koehler & Associates CPAs
Address
1541 The Alameda, San Jose, CA 95126-3435
Preparer
David R Koehler CPA
Phone
4082867400
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/Filer/PhoneNum02125550123
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ReturnHeader/Filer/USAddress/CityNm0San Jose
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01541 The Alameda
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0951263435
ReturnHeader/PreparerPersonGrp/PhoneNum04082867400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David R Koehler CPA
ReturnHeader/ReturnTs02018-11-13T09:46:53-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$8,932
Net assets
-$8,932
Revenue
$0
Expenses
$6,206
Net income
-$6,206
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.11$0.02$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.09$0.09$0.00$0.06$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.60$0.03$0.11$0.00$0.11
2015Detailed filing. Detailed filing data is available for this year.$4.26$4.17$0.09$0.48$0.00$0.48