Civic Intelligence

Bridge Foundry Inc.

990EZ • Fiscal year 2021 • EIN 82-2172655

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

340 S Lemon Avenue 3994NWalnut, CA 91789

(415) 290-3684

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-1566%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

7th percentile

-59%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-96%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$91,837

Down $129,763 (-59%) from 2020

Net Assets

Down

$91,652

Down $129,710 (-59%) from 2020

Liabilities

Down

$185

Down $53 (-22%) from 2020

Revenue

Down

$8,283

Down $217,271 (-96%) from 2020

Expenses

Up

$137,993

Up $36,498 (+36%) from 2020

Net Income

Down

-$129,710

Down $253,769 (-205%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $88,682Liabilities 2017: $0Net Assets 2017: $88,6822017Assets 2018: $92,116Liabilities 2018: $757Net Assets 2018: $91,3592018Assets 2019: $97,464Liabilities 2019: $161Net Assets 2019: $97,3032019Assets 2020: $221,600Liabilities 2020: $238Net Assets 2020: $221,3622020Assets 2021: $91,837Liabilities 2021: $185Net Assets 2021: $91,6522021Assets 2022: $61,896Liabilities 2022: $49Net Assets 2022: $61,8472022Assets 2023: $134,900Liabilities 2023: $526Net Assets 2023: $134,3742023Assets 2024: $229,583Liabilities 2024: $820Net Assets 2024: $228,7632024

Highlighted filing

2021

Assets$91,837
Liabilities$185
Net Assets$91,652

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2017: $111,269Expenses 2017: $22,587Net Income 2017: $88,6822017Revenue 2018: $95,521Expenses 2018: $92,844Net Income 2018: $2,6772018Revenue 2019: $125,351Expenses 2019: $119,407Net Income 2019: $5,9442019Revenue 2020: $225,554Expenses 2020: $101,495Net Income 2020: $124,0592020Revenue 2021: $8,283Expenses 2021: $137,993Net Income 2021: -$129,7102021Revenue 2022: $44,877Expenses 2022: $74,682Net Income 2022: -$29,8052022Revenue 2023: $181,733Expenses 2023: $109,026Net Income 2023: $72,7072023Revenue 2024: $152,308Expenses 2024: $61,919Net Income 2024: $90,3892024

Highlighted filing

2021

Revenue$8,283
Expenses$137,993
Net Income-$129,710
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$8,283
Mission and Program Overview

Mission

Bridge foundry's programs train, mentor, network, and encourage people to fully participate in using and creating technology. Bridge foundry envisions a future where diversity is the norm in the tech industry, where all people have equal access to technical skill development and tech companies have workplaces where skilled individuals from diverse backgrounds can thrive. To this end, bridge foundry focuses on specific outreach to people who are traditionally underserved and underrepresented in the technology industry.bridge foundry provides online resources, open source curriculum, and other support for volunteers to host in-person technology-based workshops, organize online events and provide other activities where participants learn technical and communications skills. Bridge foundry also offers self-serve curriculum for technical skills and teaching skills for parents, school teachers and other volunteers.

Program Services

DescriptionGrantsExpenses
WE OFFERED GRANTS TO TWO PROGRAMS - PLAY WITH GO AND EXERCISM - TO PROMOTE THE DEVELOPMENT OF LEARNING AND MENTORING PLATFORMS. WE ALSO SPONSORED 50 TICKETS TO ATTEND GOPHERCON EU. WE ALSO STARTED INTERVIEWING PEOPLE FOR THE SYSTEMIC BIAS REPORT.$15,000$125,762
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELISSA HERICODirectorPT$0--
SARAH ALLENCEOFT$0--
ISA HERICOSecretaryPT$0--
MELISSA XIETreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Bridge Foundry Inc
EIN
82-2172655
Phone
4152903684
Address
340 S LEMON AVENUE 3994N, WALNUT, CA 91789

Signing Officer

Name
Melissa Xie
Title
Treasurer
Phone
4152903684
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 550, MILWAUKEE, WI 53202
Preparer
Diana G Luttmann
Phone
4142711451
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 83.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 272. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 272.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: inclusion training delivery. Amount: 10. Description: misc revenue. Amount: 30. Total to form 990-ez, line 8: 40.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: gophercon scholarships. Grantee name: various. Amount given: 15,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising. Amount: 37. Description: bank charges & fees. Amount: 870. Description: software subscriptions. Amount: 52,480. Description: conferences, conventions, & meetings. Amount: 184. Description: insurance. Amount: 4,080. Description: business fees & licenses. Amount: 555. Total to form 990-ez, line 16: 58,206.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 238. End of year amount: 185.

Raw XML Appendix188 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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IRS990EZ/PrimaryExemptPurposeTxt0BRIDGE FOUNDRY'S PROGRAMS TRAIN, MENTOR, NETWORK, AND ENCOURAGE PEOPLE TO FULLY PARTICIPATE IN USING AND CREATING TECHNOLOGY. BRIDGE FOUNDRY ENVISIONS A FUTURE WHERE DIVERSITY IS THE NORM IN THE TECH INDUSTRY, WHERE ALL PEOPLE HAVE EQUAL ACCESS TO TECHNICAL SKILL DEVELOPMENT AND TECH COMPANIES HAVE WORKPLACES WHERE SKILLED INDIVIDUALS FROM DIVERSE BACKGROUNDS CAN THRIVE. TO THIS END, BRIDGE FOUNDRY FOCUSES ON SPECIFIC OUTREACH TO PEOPLE WHO ARE TRADITIONALLY UNDERSERVED AND UNDERREPRESENTED IN THE TECHNOLOGY INDUSTRY.BRIDGE FOUNDRY PROVIDES ONLINE RESOURCES, OPEN SOURCE CURRICULUM, AND OTHER SUPPORT FOR VOLUNTEERS TO HOST IN-PERSON TECHNOLOGY-BASED WORKSHOPS, ORGANIZE ONLINE EVENTS AND PROVIDE OTHER ACTIVITIES WHERE PARTICIPANTS LEARN TECHNICAL AND COMMUNICATIONS SKILLS. BRIDGE FOUNDRY ALSO OFFERS SELF-SERVE CURRICULUM FOR TECHNICAL SKILLS AND TEACHING SKILLS FOR PARENTS, SCHOOL TEACHERS AND OTHER VOLUNTEERS.
IRS990EZ/PrintingPublicationsPostageAmt0225
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INTEREST - 2017 AMOUNT: $ 1. 2018 AMOUNT: $ 12. 2019 AMOUNT: $ 44. 2020 AMOUNT: $ 115. 2021 AMOUNT: $ 83. MISCELLANEOUS - 2019 AMOUNT: $ 20. 2021 AMOUNT: $ 40.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 83.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 272. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 272.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INCLUSION TRAINING DELIVERY. AMOUNT: 10. DESCRIPTION: MISC REVENUE. AMOUNT: 30. TOTAL TO FORM 990-EZ, LINE 8: 40.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: GOPHERCON SCHOLARSHIPS. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 15,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ADVERTISING. AMOUNT: 37. DESCRIPTION: BANK CHARGES & FEES. AMOUNT: 870. DESCRIPTION: SOFTWARE SUBSCRIPTIONS. AMOUNT: 52,480. DESCRIPTION: CONFERENCES, CONVENTIONS, & MEETINGS. AMOUNT: 184. DESCRIPTION: INSURANCE. AMOUNT: 4,080. DESCRIPTION: BUSINESS FEES & LICENSES. AMOUNT: 555. TOTAL TO FORM 990-EZ, LINE 16: 58,206.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 238. END OF YEAR AMOUNT: 185.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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