Civic Intelligence

Bridge Foundry Inc.

990EZ • Fiscal year 2023 • EIN 82-2172655

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization ProfileBRIDGEFOUNDRY.ORG
440 N Barranca Ave 3994Covina, CA 91723

(415) 290-3684

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

93rd percentile

118%

Faster asset growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

305%

Faster revenue growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$134,900

Up $73,004 (+118%) from 2022

Net Assets

Up

$134,374

Up $72,527 (+117%) from 2022

Liabilities

Up

$526

Up $477 (+973%) from 2022

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin87th percentile

Revenue

Up

$181,733

Up $136,856 (+305%) from 2022

Expenses

Up

$109,026

Up $34,344 (+46%) from 2022

Net Income

Up

$72,707

Up $102,512 (+344%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

2023

Assets$134,900
Liabilities$526
Net Assets$134,374
Open 2023 Filing

Operations Trend

Revenue Growth96th percentile

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

2023

Revenue$181,733
Expenses$109,026
Net Income$72,707
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$181,733
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
FOR GOBRIDGE AND WOMEN WHO GO, THERE ARE 79 MEETUP GROUPS. THE GROUPS OFFERED PARTICIPANTS THE OPPORTUNITY TO NETWORK, BUILD GO PROGRAMMING LANGUAGE AND LEADERSHIP SKILLS. THESE MEETUP GROUPS HELD 436 EVENTS WITH 13,635 RSVPS. THROUGH THE MENTORING PLATFORM WE ENABLED INDIVIDUALS TO FURTHER DEVELOP THEIR PROGRAMMING AND MENTORING SKILLS THROUGH 1654 MENTORING SESSIONS.FOR SCALABRIDGE, THERE WERE 10 PROGRAMMING WORKSHOPS THAT WERE HELD IN-PERSON. DURING THE WORKSHOPS, WE ENABLED INDIVIDUALS TO FURTHER DEVELOP THEIR PROGRAMMING, MENTORING AND LEADERSHIP SKILLS.FOR RAILSBRIDGE, WE HAD 1 IN-PERSON WORKSHOP. IN ADDITION, WE ENABLED SKILL DEVELOPMENT THROUGH CURRICULUM DEVELOPMENT.$10,126$98,160
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARAH ALLENCEO-$0--
MELISSA XIETreasurer-$0--
KINSEY DURHAM GRACESecretary-$0--
DESI MCADAMChair-$0--
Filing and Contact Details

Filer

Filer Name
Bridge Foundry Inc
EIN
82-2172655
Phone
4152903684
Address
440 N BARRANCA AVE 3994, COVINA, CA 91723

Signing Officer

Name
Sarah Allen
Title
CEO
Phone
4152903684
Signed
2024-11-15
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: 1,584.”

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

“Income: gross receipts: 246. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 246.”

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

“Activity classification: travel grants/scholarships. Grantee name: various. Amount given: 10,126.”

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

“Description: bank charges & fees. Amount: 245. Description: business fees & licenses. Amount: 75. Description: insurance. Amount: 3,822. Description: program expenses. Amount: 2,184. Description: software subscriptions. Amount: 28,595. Total to form 990-ez, line 16: 34,921.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: prior year correction. Amount: -180.”

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

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

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

“Description: accounts payable and accrued expenses. Beg. Of year amount: 49. End of year amount: 526.”

Raw XML Appendix181 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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1,584.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 246. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 246.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: TRAVEL GRANTS/SCHOLARSHIPS. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 10,126.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: BANK CHARGES & FEES. AMOUNT: 245. DESCRIPTION: BUSINESS FEES & LICENSES. AMOUNT: 75. DESCRIPTION: INSURANCE. AMOUNT: 3,822. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 2,184. DESCRIPTION: SOFTWARE SUBSCRIPTIONS. AMOUNT: 28,595. TOTAL TO FORM 990-EZ, LINE 16: 34,921.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: RECEIVABLES. BEG. OF YEAR AMOUNT: 152. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 49. END OF YEAR AMOUNT: 526.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
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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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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RITZ HOLMAN LLP
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ReturnHeader/PreparerPersonGrp/PhoneNum04142711451
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANA G LUTTMANN
ReturnHeader/ReturnTs02024-11-15T15:10:04-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$134,900
Liabilities
$526
Net assets
$134,374
Revenue
$181,733
Expenses
$109,026
Net income
$72,707
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.30$0.01$2.29$1.52$0.62$0.90
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.01$1.34$1.82$1.09$0.73
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.45$0.75$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.08$1.38$1.30
2020Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.21$2.26$1.01$1.24
2019Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$1.25$1.19$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.01$0.91$0.96$0.93$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$1.11$0.23$0.89