Civic Intelligence

Bridges Foundation Inc

990 • Fiscal year 2021 • EIN 63-1019523

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 04, 2021

477 N Fifth StreetMemphis, TN 38105

(901) 452-5600

Siviq Scores

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

Liabilities / Assets

27th percentile

0.04x

Higher debt load relative to assets than 27% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

2.40x

Higher debt load relative to revenue than 90% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

2nd percentile

-104%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

23rd percentile

$98,064

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 23.9% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

82nd percentile

29%

Faster asset growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-42%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$24,162,344

Up $5,468,449 (+29%) from 2020

Net Assets

Up

$23,176,310

Up $5,204,592 (+29%) from 2020

Liabilities

Up

$986,034

Up $263,857 (+37%) from 2020

Revenue

Down

$410,959

Down $293,713 (-42%) from 2020

Expenses

Down

$838,179

Down $248,371 (-23%) from 2020

Net Income

Down

-$427,220

Down $45,342 (-12%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $13,827,737Liabilities 2011: $0Net Assets 2011: $13,827,7372011Assets 2012: $12,720,480Liabilities 2012: $0Net Assets 2012: $12,720,4802012Assets 2013: $14,503,285Liabilities 2013: $0Net Assets 2013: $14,503,2852013Assets 2014: $17,608,751Liabilities 2014: $0Net Assets 2014: $17,608,7512014Assets 2015: $19,667,087Liabilities 2015: $0Net Assets 2015: $19,667,0872015Assets 2016: $19,515,385Liabilities 2016: $0Net Assets 2016: $19,515,3852016Assets 2017: $21,461,558Liabilities 2017: $26,702Net Assets 2017: $21,434,8562017Assets 2018: $22,162,469Liabilities 2018: $0Net Assets 2018: $22,162,4692018Assets 2019: $20,894,237Liabilities 2019: $128,217Net Assets 2019: $20,766,0202019Assets 2020: $18,693,895Liabilities 2020: $722,177Net Assets 2020: $17,971,7182020Assets 2021: $24,162,344Liabilities 2021: $986,034Net Assets 2021: $23,176,3102021Assets 2022: $19,720,605Liabilities 2022: $999,708Net Assets 2022: $18,720,8972022Assets 2023: $20,067,641Liabilities 2023: $1,573,397Net Assets 2023: $18,494,2442023Assets 2024: $20,164,233Liabilities 2024: $1,573,397Net Assets 2024: $18,590,8362024Assets 2025: $21,676,687Liabilities 2025: $1,696,489Net Assets 2025: $19,980,1982025

Highlighted filing

2021

Assets$24,162,344
Liabilities$986,034
Net Assets$23,176,310

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $100,5392011Expenses 2012: $350,0502012Revenue 2013: $271,892Expenses 2013: $650,050Net Income 2013: -$378,1582013Revenue 2014: $873,081Expenses 2014: $700,025Net Income 2014: $173,0562014Revenue 2015: $5,564,093Expenses 2015: $983,194Net Income 2015: $4,580,8992015Revenue 2016: $2,939,234Expenses 2016: $990,050Net Income 2016: $1,949,1842016Revenue 2017: $1,251,715Expenses 2017: $1,048,150Net Income 2017: $203,5652017Revenue 2018: $1,399,887Expenses 2018: $805,431Net Income 2018: $594,4562018Revenue 2019: $1,702,637Expenses 2019: $1,037,138Net Income 2019: $665,4992019Revenue 2020: $704,672Expenses 2020: $1,086,550Net Income 2020: -$381,8782020Revenue 2021: $410,959Expenses 2021: $838,179Net Income 2021: -$427,2202021Revenue 2022: $523,150Expenses 2022: $1,100,481Net Income 2022: -$577,3312022Revenue 2023: $322,273Expenses 2023: $1,130,367Net Income 2023: -$808,0942023Revenue 2024: $708,593Expenses 2024: $1,230,535Net Income 2024: -$521,9422024Revenue 2025: $540,189Expenses 2025: $1,147,768Net Income 2025: -$607,5792025

Highlighted filing

2021

Revenue$410,959
Expenses$838,179
Net Income-$427,220
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 4, 2021
Return Version
2020v4.1
Gross Receipts
$897,928
Mission and Program Overview

Mission

Provide educational programs for youth. The sole purpose of this organization is to assist in funding the non-profit activities of bridges usa, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,521,006$24,040,814▲ $5,519,808
Pledges and Grants Receivable$115,899$92,450▼ $23,449
Cash and Non-Interest-Bearing Accounts$19,513$29,080▲ $9,567
Total Assets$18,693,895$24,162,344▲ $5,468,449
Other Assets Total$37,477$0▼ $37,477
Liabilities
Other Liabilities$722,177$986,034▲ $263,857
Total Liabilities$722,177$986,034▲ $263,857
Net Assets / Fund Balance
Net Assets With Donor Restrictions$16,589,773$21,688,284▲ $5,098,511
Net Assets Without Donor Restrictions$1,381,945$1,488,026▲ $106,081
Total Net Assets Fund Balance$17,971,718$23,176,310▲ $5,204,592
Total Liabilities and Net Assets / Fund Balance$18,693,895$24,162,344▲ $5,468,449

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$17,971,718$11,023▲ $6,005,972-$23,176,311
2020$20,766,020$24,149▼ $1,755,368-$17,971,718
2019$22,162,469$15,403▼ $396,184-$20,766,020
2018$21,434,856$337,281▲ $1,195,763-$22,162,469
2017$19,515,385$372,855▲ $2,594,766-$21,434,856
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Anne DixonSecretary/CFOFT$98,064$98,064

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$11,023
Program Service Revenue
$0
Investment Income
$389,792
Other Revenue
$10,144
All Other Contributions
$11,023
Change in Net Assets
$-427,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$800,452
Other Expenses$37,727
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$800,452--$800,452
Fees for Service Investment Mgmnt Fees-$25,777-$25,777
Other Expenses-$11,950-$11,950
Total Functional Expenses$800,452$37,727$0$838,179
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridges USA IncMemphis, TN3Youth Education$800,452
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/from Bridges$986,034
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by the cfo, president, chairman, and treasurer prior to filing.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bridges Foundation Inc
EIN
63-1019523
Phone
9014525600
Address
477 N FIFTH STREET, MEMPHIS, TN 38105

Signing Officer

Name
Anne Dixon
Title
CFO
Phone
9014525600
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Dixon
Formed
1988
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DR STE 300, MEMPHIS, TN 38120
Preparer
Benjamin D Collins
Phone
9017612720
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from prior year.

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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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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-396184
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt021434856
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0337281
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt022162469
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0805431
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01195763
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt019515385
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0372855
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt021434856
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01048150
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02594766
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0986034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO/FROM BRIDGES
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.93580
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0986034
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0800452
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0YOUTH EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BRIDGES USA INC
IRS990ScheduleI/RecipientTable/RecipientEIN0237081488
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0477 N FIFTH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MEMPHIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd038108
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE CFO, PRESIDENT, CHAIRMAN, AND TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BRIDGES USA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237081488
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0477 N FIFTH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MEMPHIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd038105
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0800452
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1986034
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BRIDGES USA INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1BRIDGES USA INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/StatesWhereCopyOfReturnIsFldCd1MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018693895
IRS990/TotalAssetsEOYAmt024162344
IRS990/TotalAssetsGrp/BOYAmt018693895
IRS990/TotalAssetsGrp/EOYAmt024162344
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011023
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037727
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0800452
IRS990/TotalFunctionalExpensesGrp/TotalAmt0838179
IRS990/TotalGrossUBIAmt0-7183
IRS990/TotalLiabilitiesBOYAmt0722177
IRS990/TotalLiabilitiesEOYAmt0986034
IRS990/TotalLiabilitiesGrp/BOYAmt0722177
IRS990/TotalLiabilitiesGrp/EOYAmt0986034
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017971718
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt023176310
IRS990/TotalOtherCompensationAmt013688
IRS990/TotalProgramServiceExpensesAmt0800452
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0407119
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0410959
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-7183
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018693895
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024162344
IRS990/TotReportableCompRltdOrgAmt084376
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0477 N FIFTH STREET
IRS990/USAddress/CityNm0MEMPHIS
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038105
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNE DIXON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09014525600
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRIDGES FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BRID
ReturnHeader/Filer/EIN0631019523
ReturnHeader/Filer/PhoneNum09014525600
ReturnHeader/Filer/USAddress/AddressLine1Txt0477 N FIFTH STREET
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$21.7$1.70$20.0$0.54$1.15$0.61
2024Detailed filing. Detailed filing data is available for this year.$20.2$1.57$18.6$0.71$1.23$0.52
2023Detailed filing. Detailed filing data is available for this year.$20.1$1.57$18.5$0.32$1.13$0.81
2022Detailed filing. Detailed filing data is available for this year.$19.7$1.00$18.7$0.52$1.10$0.58
2021Detailed filing. Detailed filing data is available for this year.$24.2$0.99$23.2$0.41$0.84$0.43
2020Detailed filing. Detailed filing data is available for this year.$18.7$0.72$18.0$0.70$1.09$0.38
2019Detailed filing. Detailed filing data is available for this year.$20.9$0.13$20.8$1.70$1.04$0.67
2018Detailed filing. Detailed filing data is available for this year.$22.2$0.00$22.2$1.40$0.81$0.59
2017Detailed filing. Detailed filing data is available for this year.$21.5$0.03$21.4$1.25$1.05$0.20
2016Detailed filing. Detailed filing data is available for this year.$19.5$0.00$19.5$2.94$0.99$1.95
2015Detailed filing. Detailed filing data is available for this year.$19.7$0.00$19.7$5.56$0.98$4.58
2014Detailed filing. Detailed filing data is available for this year.$17.6$0.00$17.6$0.87$0.70$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.00$14.5$0.27$0.65$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$0.00$12.7$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$0.00$13.8$0.10