Civic Intelligence

Icamr Inc

990 • Fiscal year 2021 • EIN 47-1078611

Jul 01, 2020 to Jun 30, 2021 • Filed on Jun 27, 2023

194 Neocity WayNeocity, FL 34744

(407) 887-1222

Siviq Scores

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

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

7th percentile

0.01x

Higher debt load relative to revenue than 7% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Net Margin

13th percentile

-6.1%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Asset Growth

1st percentile

-29%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-24%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$11,913,188

Down $4,894,391 (-29%) from 2020

Net Assets

Down

$11,796,259

Down $851,207 (-6.7%) from 2020

Liabilities

Down

$116,929

Down $4,043,184 (-97%) from 2020

Revenue

Down

$14,058,243

Down $4,424,634 (-24%) from 2020

Expenses

Down

$14,909,450

Down $529,540 (-3.4%) from 2020

Net Income

Down

-$851,207

Down $3,895,094 (-128%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2016: $4,233,359Liabilities 2016: $2,191,508Net Assets 2016: $2,041,8512016Assets 2017: $17,031,968Liabilities 2017: $4,889,091Net Assets 2017: $12,142,8772017Assets 2018: $18,561,327Liabilities 2018: $4,827,083Net Assets 2018: $13,734,2442018Assets 2019: $14,447,723Liabilities 2019: $5,138,734Net Assets 2019: $9,308,9892019Assets 2020: $16,807,579Liabilities 2020: $4,160,113Net Assets 2020: $12,647,4662020Assets 2021: $11,913,188Liabilities 2021: $116,929Net Assets 2021: $11,796,2592021Assets 2022: $10,244,881Liabilities 2022: $711,445Net Assets 2022: $9,533,4362022Assets 2023: $11,983,609Liabilities 2023: $6,169,267Net Assets 2023: $5,814,3422023Assets 2024: $8,834,698Liabilities 2024: $8,058,104Net Assets 2024: $776,5942024

Highlighted filing

2021

Assets$11,913,188
Liabilities$116,929
Net Assets$11,796,259

Operations Trend

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

$20M$10M$0-$10MRevenue 2016: $3,884,376Expenses 2016: $1,842,525Net Income 2016: $2,041,8512016Revenue 2017: $17,309,454Expenses 2017: $7,208,428Net Income 2017: $10,101,0262017Revenue 2018: $14,267,961Expenses 2018: $12,676,594Net Income 2018: $1,591,3672018Revenue 2019: $11,810,967Expenses 2019: $16,236,222Net Income 2019: -$4,425,2552019Revenue 2020: $18,482,877Expenses 2020: $15,438,990Net Income 2020: $3,043,8872020Revenue 2021: $14,058,243Expenses 2021: $14,909,450Net Income 2021: -$851,2072021Revenue 2022: $12,680,068Expenses 2022: $14,942,891Net Income 2022: -$2,262,8232022Revenue 2023: $8,321,914Expenses 2023: $12,041,008Net Income 2023: -$3,719,0942023Revenue 2024: $11,513,765Expenses 2024: $16,551,513Net Income 2024: -$5,037,7482024

Highlighted filing

2021

Revenue$14,058,243
Expenses$14,909,450
Net Income-$851,207
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jun 27, 2023
Return Version
2020v4.0
Gross Receipts
$14,058,243
Mission and Program Overview

Mission

Bridg accelerates technology commercialization by providing solutions to bridge technology and capability gaps across multiple fields. By leveraging technology capabilities, processes, and background intellectual property, bridg provides open-innovation platforms at the economies of scale needed for cost-effective manufacturing, allowing partners to be globally competitive. With capabilities that enable advances in many industries including medical, agricultural, space, defense, cybersecurity, food and environmental safety, autonomous vehicles, and critical infrastructure, bridg also serves as a catalyst for economic growth and diversification and has partnerships in place with educational institutions to inspire and strengthen our nation's stem talent pipeline.

Bridg unites ideas with industry to accelerate the manufacturing development of emerging technologies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,044,445$9,692,157▼ $3,352,288
Cash and Non-Interest-Bearing Accounts$695,857$2,058,905▲ $1,363,048
Accounts Receivable$3,018,810$162,126▼ $2,856,684
Prepaid Expenses and Deferred Charges$48,467--
Total Assets$16,807,579$11,913,188▼ $4,894,391
Liabilities
Other Liabilities$1,614,762--
Deferred Revenue$925,030--
Accounts Payable and Accrued Expenses$1,620,321$116,929▼ $1,503,392
Total Liabilities$4,160,113$116,929▼ $4,043,184
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,647,466$11,796,259▼ $851,207
Total Net Assets Fund Balance$12,647,466$11,796,259▼ $851,207
Total Liabilities and Net Assets / Fund Balance$16,807,579$11,913,188▼ $4,894,391

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,564,093$6,568,483-
Leasehold Improvements$128,064$13,165-
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Imec InternationalTech Licensing2401 EAST 86TH STREET, Bloomington, MN 55425, Be$5,708,000
Skywater Florida INCFacility Servic3540 E PERSEUS LOOP, Orlando, FL 32816$4,150,000
University Of Central FloridaGovernment Tech5824 WESTLOPE DRIVE, Austin, TX 78731$368,357
Caspia Technologies LLCGovernment Tech500 ROSS ST, Pittsburgh, PA 15262$165,670
Siemens Government Technologies INCGovernment Tech-$146,379
Revenue and Support

Revenue Composition

Contributions and Grants
$14,046,243
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$12,000
All Other Contributions
$4,599,728
Change in Net Assets
$-851,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,909,450
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
Depreciation Depletion$2,329,130--$2,329,130
Fees for Services Legal$80,000--$80,000
Fees for Services Accounting$43,743--$43,743
Office Expenses$38,732--$38,732
Insurance$32,734--$32,734
Other Expenses$4,729--$4,729
Occupancy$2,561--$2,561
Advertising$570--$570
Travel$289--$289
Total Functional Expenses$14,909,450$0$0$14,909,450
International Activity

International Summary

Employees
1
Spending
$5,708,000

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (belgium)Program ServicesResearch-1$5,708,000
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
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, Page 6, Part VI, Line 11B

The board reviews and approves the tax return before it is filed.

Form 990, Page 6, Part VI, Line 12C

Directors & board members voluntarily and regularly provide relevant disclosures to the board.

Form 990, Page 6, Part VI, Line 19

BY REQUEST

Filing and Contact Details

Filer

Filer Name
Icamrinc
EIN
47-1078611
Phone
4078871222
Address
194 NEOCITY WAY, NEOCITY, FL 34744
Doing Business As
Bridg

Signing Officer

Name
Clarence Thacker
Title
Director
Phone
4078871222
Signed
2023-06-27

Organization Details

Principal Officer
Brian Sapp
Formed
2014
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
10

Preparer

Firm
Gerstle Rosen & Goldenberg Pa
Address
3835 NW BOCA RATON BLVD STE 100, BOCA RATON, FL 33431
Preparer
Robert N Rosen CPA
Phone
5614474000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bridg accelerates technology commercialization by providing solutions to bridge technology and capability gaps across multiple fields by leveraging technology capabilities, processes, and background intellectual property, bridg provides open-innovation platforms at the economies of scale needed for cost-effective manufacturing, allowing partners to be globally competitive with capabilities that enable advances in many industries including medical, agricultural, space, defense, cybersecurity, food and environmental safety, autonomous vehicles, and critical infrastructure, bridg also serves as a catalyst for economic growth and diversification and has partnerships in place with educational institutions to inspire and strengthen our nation's stem talent pipeline

Form 990, Page 1, Part I, Line 6

EDUCATION & RESEARCH

Form 990, Part XI, Line 9

Book / tax depreciation difference 2,329,130 book/tax difference -2,329,130

Raw XML AppendixShowing 400 of 410 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0BRIDG PROVIDES OPEN PLATFORMS AT THE CONSORTIUM CORE ACTIVITIES. BRIDG SUCCESSFULLY COMPLETED INSTALLATION OF A CORE SET OF 200MM WAFER PROCESSING TOOLS TO ENABLE RESEARCHERS AND ELECTRONIC PRODUCT COMPANIES TO DEVELOP AND PRODUCE HIGH PERFORMANCE SYSTEMS, SENSORS, SECURITY DEVICES AND 2.5D/3D PACKAGING AND ADVANCED SYSTEM MINIATURIZATION, WHICH ALLOW BRIDG TO OFFER INDUSTRY SOLUTIONS FOR THE NEXT GENERATION ELECTRONIC SYSTEM PRODUCTION.
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IRS990/MissionDesc0BRIDG ACCELERATES TECHNOLOGY COMMERCIALIZATION BY PROVIDING SOLUTIONS TO BRIDGE TECHNOLOGY AND CAPABILITY GAPS ACROSS MULTIPLE FIELDS BY LEVERAGING TECHNOLOGY CAPABILITIES, PROCESSES, AND BACKGROUND INTELLECTUAL PROPERTY, BRIDG PROVIDES OPEN-INNOVATION PLATFORMS AT THE ECONOMIES OF SCALE NEEDED FOR COST-EFFECTIVE MANUFACTURING, ALLOWING PARTNERS TO BE GLOBALLY COMPETITIVE WITH CAPABILITIES THAT ENABLE ADVANCES IN MANY INDUSTRIES INCLUDING MEDICAL, AGRICULTURAL, SPACE, DEFENSE, CYBERSECURITY, FOOD AND ENVIRONMENTAL SAFETY, AUTONOMOUS VEHICLES, AND CRITICAL INFRASTRUCTURE, BRIDG ALSO SERVES AS A CATALYST FOR ECONOMIC GROWTH AND DIVERSIFICATION AND HAS PARTNERSHIPS IN PLACE WITH EDUCATIONAL INSTITUTIONS TO INSPIRE AND STRENGTHEN OUR NATION'S STEM TALENT PIPELINE
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt06568483
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt016132576
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0128064
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013165
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0141229
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09692157
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (BELGIUM)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0RESEARCH
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
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IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalSpentAmt05708000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EUROPE (BELGIUM) 5,708,000 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRIDG ACCELERATES TECHNOLOGY COMMERCIALIZATION BY PROVIDING SOLUTIONS TO BRIDGE TECHNOLOGY AND CAPABILITY GAPS ACROSS MULTIPLE FIELDS BY LEVERAGING TECHNOLOGY CAPABILITIES, PROCESSES, AND BACKGROUND INTELLECTUAL PROPERTY, BRIDG PROVIDES OPEN-INNOVATION PLATFORMS AT THE ECONOMIES OF SCALE NEEDED FOR COST-EFFECTIVE MANUFACTURING, ALLOWING PARTNERS TO BE GLOBALLY COMPETITIVE WITH CAPABILITIES THAT ENABLE ADVANCES IN MANY INDUSTRIES INCLUDING MEDICAL, AGRICULTURAL, SPACE, DEFENSE, CYBERSECURITY, FOOD AND ENVIRONMENTAL SAFETY, AUTONOMOUS VEHICLES, AND CRITICAL INFRASTRUCTURE, BRIDG ALSO SERVES AS A CATALYST FOR ECONOMIC GROWTH AND DIVERSIFICATION AND HAS PARTNERSHIPS IN PLACE WITH EDUCATIONAL INSTITUTIONS TO INSPIRE AND STRENGTHEN OUR NATION'S STEM TALENT PIPELINE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATION & RESEARCH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES THE TAX RETURN BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS & BOARD MEMBERS VOLUNTARILY AND REGULARLY PROVIDE RELEVANT DISCLOSURES TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE 2,329,130 BOOK/TAX DIFFERENCE -2,329,130
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1UNIVERSITY OF CENTRAL FLORIDA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0RESEARCH FOUNDATION INC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1592924021
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1170B
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RESEARCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012201 RESEARCH PARKWAY NO501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt14000 CENTRAL FLORIDA BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ORLANDO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ORLANDO
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.GOBRIDG.COM
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CLARENCE THACKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04078871222
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ICAMRINC
ReturnHeader/Filer/BusinessNameControlTxt0ICAM
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ReturnHeader/Filer/PhoneNum04078871222
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650675434
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GERSTLE ROSEN & GOLDENBERG PA
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