Civic Intelligence

Bridge Foundry Inc.

990EZ • Fiscal year 2022 • EIN 82-2172655

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

8th percentile

-66%

Higher net margin than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

15th percentile

-33%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

442%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$61,896

Down $29,941 (-33%) from 2021

Net Assets

Down

$61,847

Down $29,805 (-33%) from 2021

Liabilities

Down

$49

Down $136 (-74%) from 2021

Revenue

Up

$44,877

Up $36,594 (+442%) from 2021

Expenses

Down

$74,682

Down $63,311 (-46%) from 2021

Net Income

Up

-$29,805

Up $99,905 (+77%) from 2021

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

2022

Assets$61,896
Liabilities$49
Net Assets$61,847

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

2022

Revenue$44,877
Expenses$74,682
Net Income-$29,805
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$44,877
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
SINCE OUR INCEPTION, WE HAVE EXPANDED INTO TEN LANGUAGES AND MULTIPLE COUNTRIES, REACHING BOTH NEW CODERS AND EXPERIENCED PROGRAMMERS. OUR ACTIVITIES RANGE FROM HANDS-ON CODING WORKSHOPS AND TECHNICAL TALKS AT EVENTS TO AMPLIFYING DIVERSE VOICES BY BRINGING PEOPLE TO CONFERENCES AND THE GOTIME PODCAST WITH A DIVERSE HOST TEAM. WITH OUR TIME-TESTED APPROACH OF RADICAL INCLUSIVITY, OUR VOLUNTEERS CONSISTENTLY REPORT STORIES OF NEW COLLEAGUES WHO GOT INTO THE TECH INDUSTRY OR RETURNED BECAUSE OF OUR COMMUNITY PROGRAMS. WE CONTINUE TO INFLUENCE THE TECH INDUSTRY INTO A PLACE WHERE TALENTED PEOPLE CAN FIND GREAT OPPORTUNITIES.$0$63,931
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARAH ALLENCEOFT$0--
MELISSA XIETreasurerPT$0--
KINSEY DURHAM GRACESecretaryPT$0--
DESI MCADAMChairPT$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
2023-11-13
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: 66.

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

Income: gross receipts: 658. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 658.

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

Description: misc revenue. Amount: 25.

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

Description: advertising. Amount: 135. Description: bank charges & fees. Amount: 40. Description: software subscriptions. Amount: 44,088. Description: conferences, conventions, & meetings. Amount: 15,000. Description: insurance. Amount: 3,757. Description: business fees & licenses. Amount: 672. Total to form 990-ez, line 16: 63,692.

Form 990-ez, Part II, Line 24 - Other Assets

Description: receivables. Beg. Of year amount: 0. End of year amount: 152.

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

Description: accounts payable and accrued expenses. Beg. Of year amount: 185. End of year amount: 49.

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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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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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 658. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 658.
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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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