Civic Intelligence

Downtown College Prep Foundation

990 • Fiscal year 2020 • EIN 47-2393817

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization ProfileN/A
1400 Parkmoor Avenue No 206San Jose, CA 95126

(408) 271-8120

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

16.64x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

7th percentile

-41%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

9th percentile

-5.8%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

50th percentile

2.9%

Faster revenue growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$42,650,614

Down $2,644,698 (-5.8%) from 2019

Net Assets

Down

$2,291,626

Down $996,198 (-30%) from 2019

Liabilities

Down

$40,358,988

Down $1,648,500 (-3.9%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin7th percentile

Revenue

Up

$2,425,185

Up $68,252 (+2.9%) from 2019

Expenses

Up

$3,421,383

Up $13,354 (+0.4%) from 2019

Net Income

Up

-$996,198

Up $54,898 (+5.2%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$60M$40M$20M$0-$20MAssets 2015: $3,340,947Liabilities 2015: $3,345,165Net Assets 2015: -$4,2182015Assets 2016: $46,583,054Liabilities 2016: $42,628,065Net Assets 2016: $3,954,9892016Assets 2017: $47,638,752Liabilities 2017: $42,979,004Net Assets 2017: $4,659,7482017Assets 2018: $45,891,791Liabilities 2018: $41,552,871Net Assets 2018: $4,338,9202018Assets 2019: $45,295,312Liabilities 2019: $42,007,488Net Assets 2019: $3,287,8242019Assets 2020: $42,650,614Liabilities 2020: $40,358,988Net Assets 2020: $2,291,6262020Assets 2021: $42,174,595Liabilities 2021: $39,782,055Net Assets 2021: $2,392,5402021Assets 2022: $41,605,660Liabilities 2022: $39,129,562Net Assets 2022: $2,476,0982022Assets 2023: $41,110,408Liabilities 2023: $38,630,639Net Assets 2023: $2,479,7692023Assets 2024: $40,190,668Liabilities 2024: $37,670,636Net Assets 2024: $2,520,0322024

Highlighted filing

2020

Assets$42,650,614
Liabilities$40,358,988
Net Assets$2,291,626
Open 2020 Filing

Operations Trend

Revenue Growth50th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $20Expenses 2015: $4,238Net Income 2015: -$4,2182015Revenue 2016: $4,216,980Expenses 2016: $257,773Net Income 2016: $3,959,2072016Revenue 2017: $1,715,285Expenses 2017: $1,010,526Net Income 2017: $704,7592017Revenue 2018: $2,260,435Expenses 2018: $2,581,263Net Income 2018: -$320,8282018Revenue 2019: $2,356,933Expenses 2019: $3,408,029Net Income 2019: -$1,051,0962019Revenue 2020: $2,425,185Expenses 2020: $3,421,383Net Income 2020: -$996,1982020Revenue 2021: $3,533,515Expenses 2021: $3,432,601Net Income 2021: $100,9142021Revenue 2022: $3,555,875Expenses 2022: $3,472,317Net Income 2022: $83,5582022Revenue 2023: $3,533,014Expenses 2023: $3,529,343Net Income 2023: $3,6712023Revenue 2024: $3,585,765Expenses 2024: $3,545,502Net Income 2024: $40,2632024

Highlighted filing

2020

Revenue$2,425,185
Expenses$3,421,383
Net Income-$996,198
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$2,425,185
Mission and Program Overview

Mission

To support the across the bridge foundation dba downtown college preparatory (abf)and the charter schools it operates by providing real estate development and management services including planning, financing, construction, and construction management, holding title to property leased to abf and facilities management.

To support the across the bridge foundation by providing real estate development services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,881,582$39,766,014▼ $1,115,568
Savings and Temporary Cash Investments$3,234,375$2,631,952▼ $602,423
Accounts Receivable$1,104,355$202,648▼ $901,707
Pledges and Grants Receivable$75,000$50,000▼ $25,000
Total Assets$45,295,312$42,650,614▼ $2,644,698
Liabilities
Tax Exempt Bond Liabilities$39,960,357$39,830,575▼ $129,782
Other Liabilities$143,364$307,580▲ $164,216
Deferred Revenue$338,065$189,000▼ $149,065
Accounts Payable and Accrued Expenses$1,565,702$31,833▼ $1,533,869
Total Liabilities$42,007,488$40,358,988▼ $1,648,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,287,824$2,291,626▼ $996,198
Total Net Assets Fund Balance$3,287,824$2,291,626▼ $996,198
Total Liabilities and Net Assets / Fund Balance$45,295,312$42,650,614▼ $2,644,698

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$39,727,017$3,852,382$43,579,399
Equipment$38,997$140,988$179,985
Compensation and Service Providers
Top Officer Pay8th percentile

Board Members and Trustees

NameTitle
Rodney JennyPresident
Jeff BlackDirector
Terry DeveauDirector
Sean MeeksSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$37,668
Other Revenue
$2,387,517
Change in Net Assets
$-996,198

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,425,185
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,425,185
Total Revenue per Form 990
$2,425,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,421,383
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
Interest$1,784,965--$1,784,965
Depreciation Depletion$1,248,240--$1,248,240
Occupancy$424,446--$424,446
Fees for Services Accounting-$6,555-$6,555
Fees for Services Legal-$5,566-$5,566
Other Expenses$-52,889--$-52,889
Total Functional Expenses$3,409,262$12,121$0$3,421,383

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,421,383
Total Expenses per Audited Statements$3,421,383
Total Expenses per Form 990$3,421,383
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Funds$307,580

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia School Finance Authority2016-04-28$37,131,209Real property improvements and to refund a taxable line

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$37,131,209$3,778,631-$554,911

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“There are no committees with the authority to act on behalf of the board.”

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

“Draft copy of form 990 provided to a board member, treasurer/cpa, prior to filing. Comments/questions addressed prior to filing.”

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

“Members receive a copy of the policy and receive annual training.”

Form 990, Part VI, Section C, Line 19

“Documents are available at the office.”

Filing and Contact Details

Filer

Filer Name
Downtown College Prep Foundation
EIN
47-2393817
Phone
4082718120
Address
1400 PARKMOOR AVENUE NO 206, SAN JOSE, CA 95126

Signing Officer

Name
Sean Meeks
Title
Treasurer
Phone
4082718120
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Meeks
Formed
2014
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Eide Bailly Llp
Address
3130 CROW CANYON PL STE 300, SAN RAMON, CA 94583-1386
Preparer
Theresa Montgomery CPA
Phone
9254804000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school is a non-profit public benefit corporation that is exempt from income taxes under section 501(c)(3) of the internal revenue code and classified by the internal revenue service as other than a private foundation. It is also exempt from state franchise and income taxes under section 23701(d) of the california revenue and taxation code. Accordingly, no provision for income taxes has been reflected in these financial statements. Income tax returns for 2009 and forward may be audited by regulatory agencies, however, the school is not aware of any such actions at this time. The school has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740 that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements.”

Raw XML AppendixShowing 400 of 451 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01565702
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031833
IRS990/AccountsReceivableGrp/BOYAmt01104355
IRS990/AccountsReceivableGrp/EOYAmt0202648
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE ACROSS THE BRIDGE FOUNDATION BY PROVIDING REAL ESTATE DEVELOPMENT SERVICES.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PAULA GALLANT
IRS990/BooksInCareOfDetail/PhoneNum04082718120
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 PARKMOOR AVENUE NO 206
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095126
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt037668
IRS990/CYOtherExpensesAmt03421383
IRS990/CYOtherRevenueAmt02387517
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-996198
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03421383
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02425185
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0338065
IRS990/DeferredRevenueGrp/EOYAmt0189000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01248240
IRS990/DepreciationDepletionGrp/TotalAmt01248240
IRS990/Desc0TO SUPPORT ACROSS THE BRIDGE FOUNDATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt03409262
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06555
IRS990/FeesForServicesAccountingGrp/TotalAmt06555
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05566
IRS990/FeesForServicesLegalGrp/TotalAmt05566
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0RODNEY JENNY
IRS990/Form990PartVIISectionAGrp/PersonNm1SEAN MEEKS
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm3TERRY DEVEAU
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02425185
IRS990/GrossRentsGrp/RealAmt02387517
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt01784965
IRS990/InterestGrp/TotalAmt01784965
IRS990/InvestmentIncomeGrp/ExclusionAmt037668
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037668
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03993370
IRS990/LandBldgEquipBasisNetGrp/BOYAmt040881582
IRS990/LandBldgEquipBasisNetGrp/EOYAmt039766014
IRS990/LandBldgEquipCostOrOtherBssAmt043759384
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT THE ACROSS THE BRIDGE FOUNDATION DBA DOWNTOWN COLLEGE PREPATORY (ABF) AND THE CHARTER SCHOOLS IT OPERATES BY PROVIDING REAL ESTATE DEVELOPMENT AND MANAGEMENT SERVICES INCLUDING PLANNING, FINANCING, CONSTRUCTION, AND CONSTRUCTION MANAGEMENT, HOLDING TITLE TO PROPERTY LEASED TO ABF AND FACILITIES MANAGEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03287824
IRS990/NetAssetsOrFundBalancesEOYAmt02291626
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02387517
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02387517
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03287824
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02291626
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0424446
IRS990/OccupancyGrp/TotalAmt0424446
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0APPRAISAL FEES
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt04500
IRS990/OtherExpensesGrp/ProgramServicesAmt1-52889
IRS990/OtherExpensesGrp/TotalAmt04500
IRS990/OtherExpensesGrp/TotalAmt1-52889
IRS990/OtherLiabilitiesGrp/BOYAmt0143364
IRS990/OtherLiabilitiesGrp/EOYAmt0307580
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt050000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SEAN MEEKS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt099139
IRS990/PYOtherExpensesAmt03408029
IRS990/PYOtherRevenueAmt02232794
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1051096
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03408029
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02356933
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-996198
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt02387517
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02387517
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03234375
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02631952
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0770517240
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ACROSS THE BRIDGE FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt039727017
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03852382
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt043579399
IRS990ScheduleD/EquipmentGrp/BookValueAmt038997
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0140988
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0179985
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03421383
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0307580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO OTHER FUNDS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02425185
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NON-PROFIT PUBLIC BENEFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. IT IS ALSO EXEMPT FROM STATE FRANCHISE AND INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THESE FINANCIAL STATEMENTS. INCOME TAX RETURNS FOR 2009 AND FORWARD MAY BE AUDITED BY REGULATORY AGENCIES, HOWEVER, THE SCHOOL IS NOT AWARE OF ANY SUCH ACTIONS AT THIS TIME. THE SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt039766014
IRS990ScheduleD/TotalExpensesPerForm990Amt03421383
IRS990ScheduleD/TotalLiabilityAmt0307580
IRS990ScheduleD/TotalRevenuePerForm990Amt02425185
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02425185
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03421383
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-04-28
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0680280917
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum013058TDR8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt037131209
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CALIFORNIA SCHOOL FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REAL PROPERTY IMPROVEMENTS AND TO REFUND A TAXABLE LINE
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt030473404
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt02324263
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0554911
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt03778631
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02018
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt037131209
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT COPY OF FORM 990 PROVIDED TO A BOARD MEMBER, TREASURER/CPA, PRIOR TO FILING. COMMENTS/QUESTIONS ADDRESSED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS RECEIVE A COPY OF THE POLICY AND RECEIVE ANNUAL TRAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE AT THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0DOWNTOWN COLLEGE PREP FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1DOWNTOWN COLLEGE PREP FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0DCP FACILITIES I LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1DCP FACILITIES II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt09096831
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt133553783
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PROPERTY HOLDING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1PROPERTY HOLDING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0895214
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt11529971
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01400 PARKMOOR AVE 206
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt11400 PARKMOOR AVE 206
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0SAN JOSE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1SAN JOSE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd094126
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd194126
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACROSS THE BRIDGE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0770512740
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO DEVELOP AND MANAGE COLLEGE PREPARATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01400 PARKMOOR AVE 206
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAN JOSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd095126
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02387517
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ACROSS THE BRIDGE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt039960357
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt039830575
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt045295312
IRS990/TotalAssetsEOYAmt042650614
IRS990/TotalAssetsGrp/BOYAmt045295312
IRS990/TotalAssetsGrp/EOYAmt042650614
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012121
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03409262
IRS990/TotalFunctionalExpensesGrp/TotalAmt03421383
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt042007488
IRS990/TotalLiabilitiesEOYAmt040358988
IRS990/TotalLiabilitiesGrp/BOYAmt042007488
IRS990/TotalLiabilitiesGrp/EOYAmt040358988
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03287824
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02291626

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,650,614
Liabilities
$40,358,988
Net assets
$2,291,626
Revenue
$2,425,185
Expenses
$3,421,383
Net income
-$996,198
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$40.2$37.7$2.52$3.59$3.55$0.04
2023Detailed filing. Detailed filing data is available for this year.$41.1$38.6$2.48$3.53$3.53$0.00
2022Detailed filing. Detailed filing data is available for this year.$41.6$39.1$2.48$3.56$3.47$0.08
2021Detailed filing. Detailed filing data is available for this year.$42.2$39.8$2.39$3.53$3.43$0.10
2020Detailed filing. Detailed filing data is available for this year.$42.7$40.4$2.29$2.43$3.42$1.00
2019Detailed filing. Detailed filing data is available for this year.$45.3$42.0$3.29$2.36$3.41$1.05
2018Detailed filing. Detailed filing data is available for this year.$45.9$41.6$4.34$2.26$2.58$0.32
2017Detailed filing. Detailed filing data is available for this year.$47.6$43.0$4.66$1.72$1.01$0.70
2016Detailed filing. Detailed filing data is available for this year.$46.6$42.6$3.95$4.22$0.26$3.96
2015Detailed filing. Detailed filing data is available for this year.$3.34$3.35$0.00$0.00$0.00$0.00