Civic Intelligence

Across the Bridge Foundation

EIN 77-0517240 • 501(c)3 • San Jose, CA

Profile

To develop and manage college preparatory schools (grades 6-12) for students residing in and around san jose, california.

1402 Monterey RdSan Jose, CA 95110

www.dcp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.11x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

10th percentile

-26%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$360,518

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

2nd percentile

-50%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-33%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$9,617,689

Down $9,610,149 (-50%) from 2023

Liabilities

Down

$1,024,627

Down $3,856,634 (-79%) from 2023

Net Assets

Down

$8,593,062

Down $5,753,515 (-40%) from 2023

Revenue

Down

$22,070,154

Down $10,861,997 (-33%) from 2023

Expenses

Down

$27,823,669

Down $958,359 (-3.3%) from 2023

Net Income

Down

-$5,753,515

Down $9,903,638 (-239%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $2,803,855Liabilities 2011: $1,195,613Net Assets 2011: $1,608,2422011Assets 2012: $3,124,381Liabilities 2012: $845,899Net Assets 2012: $2,278,4822012Assets 2013: $3,241,439Liabilities 2013: $872,683Net Assets 2013: $2,368,7562013Assets 2014: $3,426,774Liabilities 2014: $1,093,079Net Assets 2014: $2,333,6952014Assets 2015: $3,205,324Liabilities 2015: $1,033,197Net Assets 2015: $2,172,1272015Assets 2016: $4,180,611Liabilities 2016: $1,090,844Net Assets 2016: $3,089,7672016Assets 2017: $5,811,407Liabilities 2017: $1,350,056Net Assets 2017: $4,461,3512017Assets 2018: $7,862,532Liabilities 2018: $2,708,309Net Assets 2018: $5,154,2232018Assets 2019: $11,036,708Liabilities 2019: $2,943,740Net Assets 2019: $8,092,9682019Assets 2020: $13,294,578Liabilities 2020: $4,952,660Net Assets 2020: $8,341,9182020Assets 2021: $21,480,641Liabilities 2021: $12,184,464Net Assets 2021: $9,296,1772021Assets 2022: $14,731,286Liabilities 2022: $4,534,832Net Assets 2022: $10,196,4542022Assets 2023: $19,227,838Liabilities 2023: $4,881,261Net Assets 2023: $14,346,5772023Assets 2024: $9,617,689Liabilities 2024: $1,024,627Net Assets 2024: $8,593,0622024

Highlighted filing

2024

Assets$9,617,689
Liabilities$1,024,627
Net Assets$8,593,062

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2011: $5,238,521Expenses 2011: $4,831,834Net Income 2011: $406,6872011Expenses 2012: $5,446,4832012Expenses 2013: $5,899,6072013Revenue 2014: $7,991,202Expenses 2014: $8,026,263Net Income 2014: -$35,0612014Revenue 2015: $9,894,890Expenses 2015: $10,056,458Net Income 2015: -$161,5682015Revenue 2016: $13,561,534Expenses 2016: $12,643,894Net Income 2016: $917,6402016Revenue 2017: $18,736,812Expenses 2017: $17,365,228Net Income 2017: $1,371,5842017Revenue 2018: $22,469,656Expenses 2018: $21,776,784Net Income 2018: $692,8722018Revenue 2019: $25,488,216Expenses 2019: $22,549,471Net Income 2019: $2,938,7452019Revenue 2020: $23,130,942Expenses 2020: $22,881,992Net Income 2020: $248,9502020Revenue 2021: $24,376,341Expenses 2021: $23,422,082Net Income 2021: $954,2592021Revenue 2022: $27,397,688Expenses 2022: $26,497,411Net Income 2022: $900,2772022Revenue 2023: $32,932,151Expenses 2023: $28,782,028Net Income 2023: $4,150,1232023Revenue 2024: $22,070,154Expenses 2024: $27,823,669Net Income 2024: -$5,753,5152024

Highlighted filing

2024

Revenue$22,070,154
Expenses$27,823,669
Net Income-$5,753,515

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.62$1.02$8.59$22.1$27.8$5.75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$4.88$14.3$32.9$28.8$4.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$4.53$10.2$27.4$26.5$0.90
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$12.2$9.30$24.4$23.4$0.95
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$4.95$8.34$23.1$22.9$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$2.94$8.09$25.5$22.5$2.94
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.86$2.71$5.15$22.5$21.8$0.69
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$1.35$4.46$18.7$17.4$1.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$1.09$3.09$13.6$12.6$0.92
2015Detailed filing. Detailed filing data is available for this year.$3.21$1.03$2.17$9.89$10.1$0.16
2014Detailed filing. Detailed filing data is available for this year.$3.43$1.09$2.33$7.99$8.03$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.87$2.37$5.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.85$2.28$5.45
2011Summary only. Only limited summary data is available for this year.$2.80$1.20$1.61$5.24$4.83$0.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$22,070,154
Mission and Program Overview

Mission

To develop and manage college preparatory schools (grades 5-12) for students residing in and around san jose, california.

Downtown college preparatory (dcp) prepares first-generation students (first in their family to go to college) for college success. To that end, dcp provides educational programs and services: manages, operates, guides, directs and promote california public charter schools(grades 5-12).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,516,526$5,343,299▼ $173,227
Accounts Receivable$4,181,099$3,287,853▼ $893,246
Cash and Non-Interest-Bearing Accounts$8,053,727$614,726▼ $7,439,001
Savings and Temporary Cash Investments$855,743$257,853▼ $597,890
Prepaid Expenses and Deferred Charges$225,110$59,535▼ $165,575
Total Assets$19,227,838$9,617,689▼ $9,610,149
Other Assets Total$395,633$54,423▼ $341,210
Liabilities
Accounts Payable and Accrued Expenses$2,301,268$823,730▼ $1,477,538
Deferred Revenue$590,713$117,300▼ $473,413
Other Liabilities$1,989,280$83,597▼ $1,905,683
Total Liabilities$4,881,261$1,024,627▼ $3,856,634
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,425,242$5,129,368▼ $1,295,874
Net Assets Without Donor Restrictions$7,921,335$3,463,694▼ $4,457,641
Total Net Assets Fund Balance$14,346,577$8,593,062▼ $5,753,515
Total Liabilities and Net Assets / Fund Balance$19,227,838$9,617,689▼ $9,610,149

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,260,458$907,904$6,168,362
Equipment$19,581$831,387$850,968
Leasehold Improvements$63,260$10,048$73,308

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$33,955---$33,955
2022$33,708$180▲ $67-$33,955
2021$33,371$270▲ $67-$33,708
2020$28,012$5,300▲ $59-$33,371
2019$27,686$270▲ $56-$28,012
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter C SettelmayerChief Executive Officer Thru 6/30/24FT$261,047$99,471$360,518
Ruth SchriverChief Operating OfficerFT$197,734$84,027$281,761
Thomas R MadsonManaging Director of Schools (thru 6/24)FT$191,810$44,876$236,686
Valerie F Royaltey-quandtManaging Director of AcademicsFT$189,203$41,833$231,036
Linda Diaz-sepulvedaPrincipalFT$157,601$39,983$197,584
Jordan ApgarPrincipalFT$152,334$45,183$197,517
Lynnette M HawkinsDirector of Learning & Design SysFT$147,025$38,977$186,002
Jose ZavalaPrincipalFT$142,114$38,271$180,385
Eileen BrownDirector of Student ServicesFT$138,728$37,623$176,351

Board Members and Trustees

NameTitle
Maria ArellanoBoard President
Josue FuentesBoard Vice President
Cuitlahuac Ramirez-borregoBoard Director
Darcie GreenBoard Director
John KoeplinBoard Director
Julia Ibarra-fresquezBoard Director
Kathryn HansonBoard Director
Mary CurtisBoard Director
Raylene HernandezBoard Director
Rebecca GallardoBoard Director (thru 7/23)
Sandra MollBoard Director (thru 7/23)
Socorro TorresBoard Director (thru 9/23)
Marc KetzelBoard Secetary (as of 4/24)
Khanh RussoBoard Secetary (thru 4/24)
Kathy YatesBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Boys & Girls Clubs Of Silicon ValleyAfter School Program518 VALLEY WAY, Milpitas, CA 95035$760,000
Perfective Maintenance ServicesMaintenance, Janitorial RepairsPO BOX 2444, Santa Clara, CA 95055$520,883
Delta Managed Solutions INCBusiness Services1451 RIVER PARK DRIVE SUITE 180, Sacramento, CA 95815$520,702
The Stepping Stones GroupSped Instructional ServicesPO BOX 6280, Carol Stream, IL 60197$297,142
Phoenix TransportationStudent Transportation Services405 GRAND AVENUE 204, South San Francisco, CA 94080$222,595
Revenue and Support

Revenue Composition

Contributions and Grants
$21,956,709
Program Service Revenue
$48,605
Investment Income
$64,840
Other Revenue
$0
All Other Contributions
$705,131
Change in Net Assets
$-5,753,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,714,463
Other Expenses$11,109,206
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,967,413$747,468-$11,714,881
Occupancy$2,897,004$1,747,592-$4,644,596
Pension Plan Contributions$2,050,503$139,943-$2,190,446
Other Employee Benefits$983,766$373,526-$1,357,292
Current Officers, Directors, Trustees, and Key Employees$459,515$575,430-$1,034,945
Fees for Services Accounting-$655,313-$655,313
Payroll Taxes$389,640$27,259-$416,899
Office Expenses$172,799$57,600-$230,399
Information Technology$198,244--$198,244
All Other Expenses$101,891$74,696-$176,587
Depreciation Depletion$173,231--$173,231
Insurance$37,654$118,450-$156,104
Fees for Services Legal-$121,703-$121,703
Travel$70,557$23,043-$93,600
Conferences and Meetings$69,180--$69,180
Other Expenses$56,273$10,211-$66,484
Fees for Services Management-$49,474-$49,474
Advertising$18,927$11,520-$30,447
Total Functional Expenses$21,786,890$6,036,779$0$27,823,669
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 Agencies$80,398
Noncurrent Lease Liabilities$3,199
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 the treasurer, prior to filing. Comments/questions are addressed prior to filing.

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

Both the board and key employees are required to file a form 700, therefore, we are aware of their affiliations. Ultimately it is also each board and staff member's responsibility to disclose potential conflicts of interest. Employees are also required to report to hr or the chief executive officer any gifts or gratuities offered by an outside individual or organization, or an attempt to influence performance or gain access through the offer of gifts, gratuities, or entertainment. The chief executive officer must approve any exceptions to this guideline in a signed document. Failure to observe this guideline, including failure to disclose a conflict or to seek written exception to this guideline, may result in disciplinary action up to and including termination of employment. We are now subject to government code 1090 which means that if a board member has financial interest, the entire board is prohibited from entering into the contract; even if it is with the best vendor at the best price and the interested board member abstains. This is made clear with annual training from our legal counsel.

Form 990, Part VI, Section B, Line 15

As a public charter school, approval of ceo/executive director's compensation (and some others) must occur at a regular meeting and as mandated by govt. Code 54953. The dcp board works with our legal firm to conduct a benchmark study. In brief, the board confers in a special meeting closed session to review the contract and ensure the terms are appropriate (i.e., any vacation/sick leave benefits, tailoring the evaluation language, etc.). The board must review the comparative study in open session and must take action to approve the agreement in open session at a regular (i.e., not special) meeting of the board. Immediately prior to approving the agreement in open session the board must also make an oral report of the compensation that it is approving for the ceo. The compensation for any position other than the ceo is determined through benchmarking compensation to other schools or industries depending on the position. The ceo approves compensation for all other employees in algnment with compensation ranges and also in consultation with hr . Dcp works with compensation consultants, such as edgility, to review and set compensation ranges at dcp. The board approves overall compensation through the annual budget approval process.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Across the Bridge Foundation
EIN
77-0517240
Phone
4082718120
Address
1402 MONTEREY RD, SAN JOSE, CA 95110

Signing Officer

Name
Valerie F Royaltey-quandt
Title
Interim Executive Director
Phone
4082718120
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie Royaltey-quandt
Formed
1999
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
234
Volunteers
50

Preparer

Firm
Moss Adams Llp
Address
101 SECOND STREET SUITE 900, SAN FRANCISCO, CA 94105
Preparer
Qi Wen Liang
Phone
4159561500
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Intended use of endowment fund: the designated use of the endowment funds is for the college scholarships program.

PART X, LINE 2:

Dcp is organized as a california nonprofit corporation and has been recognized by the internal revenue service ("irs") as exempt from federal income taxes under irc section 501(a) of the internal revenue code as an organization described in section 501(c)(3), and qualifies for the charitable contribution deduction. It is also exempt from state franchise and income taxes under section 23701(d) of the california revenue and taxation code. Dcp is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the organization is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. Dcp determined that it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. Management believes that the organization has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

Raw XML AppendixShowing 400 of 832 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/BOYAmt02301268
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0823730
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IRS990/AccountsReceivableGrp/EOYAmt03287853
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DOWNTOWN COLLEGE PREPARATORY (DCP) PREPARES FIRST-GENERATION STUDENTS (FIRST IN THEIR FAMILY TO GO TO COLLEGE) FOR COLLEGE SUCCESS. TO THAT END, DCP PROVIDES EDUCATIONAL PROGRAMS AND SERVICES: MANAGES, OPERATES, GUIDES, DIRECTS AND PROMOTE CALIFORNIA PUBLIC CHARTER SCHOOLS(GRADES 5-12).
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01402 MONTEREY RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
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IRS990/CompensationProcessOtherInd01
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IRS990/ConferencesMeetingsGrp/TotalAmt069180
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IRS990/ConservationEasementsInd00
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 2444
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 6280
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4405 GRAND AVENUE 204
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2SACRAMENTO
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4SOUTH SAN FRANCISCO
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3IL
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd494080
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BOYS & GIRLS CLUBS OF SILICON VALLEY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1PERFECTIVE MAINTENANCE SERVICES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2DELTA MANAGED SOLUTIONS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3THE STEPPING STONES GROUP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4PHOENIX TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc0AFTER SCHOOL PROGRAM
IRS990/ContractorCompensationGrp/ServicesDesc1MAINTENANCE, JANITORIAL REPAIRS
IRS990/ContractorCompensationGrp/ServicesDesc2BUSINESS SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3SPED INSTRUCTIONAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4STUDENT TRANSPORTATION SERVICES
IRS990/CreditCounselingInd00
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IRS990/CYContributionsGrantsAmt021956709
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt064840
IRS990/CYOtherExpensesAmt011109206
IRS990/CYOtherRevenueAmt00
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IRS990/DelegationOfMgmtDutiesInd00
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IRS990/Desc0ACROSS THE BRIDGE FOUNDATION RUNS THREE SMALL ACADEMIC CHARTER SCHOOLS WITH A CLEAR GOAL OF PREPARING EACH OF ITS STUDENTS TO THRIVE AT A FOUR-YEAR UNIVERSITY. HIGH STANDARDS, PERSONALIZED ATTENTION AND AN EXPLICIT FOCUS ON COLLEGE SUCCESS DRIVE THE ACADEMIC PROGRAM AT DOWNTOWN COLLEGE PREPARATORY. THE EFFORTS OF EVERYONE AT THE SCHOOL, STUDENTS, STAFF, AND COMMUNITY, ARE ALIGNED TO ACHIEVE THIS SINGULAR VISION.
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