Civic Intelligence

Bridgeway

EIN 84-1044840 • 501(c)3 • Golden, CO

Profile

Bridgeway (the organization) is a nonprofit corporation organized for the purpose of providing temporary shelter to unwed pregnant teens in order to provide a conducive environment in which they can complete their education, obtain meaningful employement, and make informed decisions about their future. The organization is in the process of closing down. The organization is using the sale of the shelter residence to pay outstanding expenses and liabilities. All remaining cash and assets will be distributed to other exempt organizations that have a similar mission to bridgeway.

PO Box 758Golden, CO 80402

n/A

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.45x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

1st percentile

-9344%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

14th percentile

-64%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

26th percentile

-28%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$93,765

Down $169,434 (-64%) from 2014

Liabilities

Down

$732

Down $17,871 (-96%) from 2014

Net Assets

Down

$93,033

Down $151,563 (-62%) from 2014

Revenue

Down

$1,622

Down $640 (-28%) from 2014

Expenses

Up

$153,185

Up $28,851 (+23%) from 2014

Net Income

Down

-$151,563

Down $29,491 (-24%) from 2014

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $435,662Liabilities 2011: $12,224Net Assets 2011: $423,4382011Assets 2012: $330,516Liabilities 2012: $23,266Net Assets 2012: $307,2502012Assets 2013: $367,024Liabilities 2013: $356Net Assets 2013: $366,6682013Assets 2014: $263,199Liabilities 2014: $18,603Net Assets 2014: $244,5962014Assets 2015: $93,765Liabilities 2015: $732Net Assets 2015: $93,0332015

Highlighted filing

2015

Assets$93,765
Liabilities$732
Net Assets$93,033

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $432,159Expenses 2011: $508,548Net Income 2011: -$76,3892011Expenses 2012: $514,0902012Expenses 2013: $209,8002013Revenue 2014: $2,262Expenses 2014: $124,334Net Income 2014: -$122,0722014Revenue 2015: $1,622Expenses 2015: $153,185Net Income 2015: -$151,5632015

Highlighted filing

2015

Revenue$1,622
Expenses$153,185
Net Income-$151,563

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 8, 2016
Return Version
2014v6.0
Gross Receipts
$1,622
Mission and Program Overview

Mission

Bridgeway (the Organization) is a nonprofit corporation organized for the purpose of providing temporary shelter to unwed pregnant teenagers in order to provide a conducive environment in which they can complete their education, obtain meaningful employment, and make informed decisions about their future. The Organization has closed down. The Organization used the sale of the shelter residence to pay outstanding expenses and liabilities. The remaining cash and assets were distributed to Section 501(c)(3)tax-exempt organizations that have a similar mission to Bridgeway.

Transitional housing for pregnant teenagers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$100,139--
Investments in Publicly Traded Securities$99,878$51,447▼ $48,431
Cash and Non-Interest-Bearing Accounts$61,736$42,097▼ $19,639
Prepaid Expenses and Deferred Charges$1,446$221▼ $1,225
Total Assets$263,199$93,765▼ $169,434
Liabilities
Accounts Payable and Accrued Expenses$18,603$732▼ $17,871
Total Liabilities$18,603$732▼ $17,871
Net Assets / Fund Balance
Unrestricted Net Assets$244,596$93,033▼ $151,563
Total Net Assets Fund Balance$244,596$93,033▼ $151,563
Total Liabilities and Net Assets / Fund Balance$263,199$93,765▼ $169,434
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carole HaasExecutive DirectorPT$20,000$4,311$24,311

Board Members and Trustees

NameTitle
Terry HillPresident
Rebecca GivensVice President
Cathy DanielsonMember
Dawn RehbeinMember
Debbie DispenseMember
Dinah SchlechtMember
Joseph HoganMember
Penny BrownMember
Randy RehbeinMember
Kathy FisherSecretary
Jo McGuireTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,622
Other Revenue
$0
Change in Net Assets
$-151,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,877
Salaries, Compensation, and Employee Benefits$27,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$16,373-$16,373
Other Salaries and Wages-$6,624-$6,624
Other Employee Benefits-$4,311-$4,311
Fees for Services Accounting-$2,560-$2,560
Occupancy-$2,519-$2,519
Office Expenses-$1,339-$1,339
Information Technology-$1,039-$1,039
Insurance-$897-$897
Other Expenses-$497-$497
All Other Expenses-$216-$216
Fees for Services Legal-$81-$81
Total Functional Expenses$0$153,185$0$153,185
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Form 990 Part VI, Section A, Line 9 Cathy Danielson died in December 2014.

Form 990, Part VI, Section A, line 2

Randy Rehbein and Dawn Rehbein have a family relationship.

Form 990, Part VI, Section B, line 11

The Form 990 is made available to all members of the Bridgeway Board of Directors for their review and comments before the Form 990 is filed with the IRS. A copy of the filed Form 990 is provided to every member of the Bridgeway Board of Directors.

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

At Bridgeway's Board of Directors meetings, the members are regularly informed of the requirement for them to report any conflict of interest issues to the Board or Executive Director and/or asked if they have any questions about conflict of interest issues.

Form 990, Part VI, Section B, line 15A

After voting on June 22, 2012 to begin widing down the operations of Bridgeway, the Compensation Committee of the Board of Directors developed a salary plan using comparability data and contemporaneous substantiation for Bridgeway's executive director for the years that it would take to wind down and liquidate Bridgeway. This salary plan was approved by the Board of Directors in 2012.

Form 990, Part VI, Section C, line 19

Bridgeway makes its governing documents and conflict of interest policy available upon request; its financial statements are availabe upon request, and on the Colorado Secretary of State's website.

Filing and Contact Details

Filer

Filer Name
Bridgeway
EIN
84-1044840
Phone
3039690515
Address
PO Box 758, Golden, CO 80402

Signing Officer

Name
Terry Hill
Title
President
Phone
3039690515
Signed
2016-02-08

Organization Details

Principal Officer
Terry Hill
Formed
1986
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

On June 22, 2012, due to significant operating losses, the Board of Directors voted to begin the process of winding down the operations of Bridgeway. In August 2012, the last resident left the shelter. In September 2012, the Organization sold the shelter building and the land to another nonprofit organization. The proceeds will be used to pay any outstanding expenses and liabilities of Bridgeway. Any remaining cash and assets of the Organization will be distributed to other Section 501(c)(3) tax-exempt organizations with a similar mission to Bridgeway.

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IRS990/MissionDesc0Bridgeway (the Organization) is a nonprofit corporation organized for the purpose of providing temporary shelter to unwed pregnant teenagers in order to provide a conducive environment in which they can complete their education, obtain meaningful employment, and make informed decisions about their future. The Organization is in the process of closing down. The Organization is using the sale of the shelter residence to pay outstanding expenses and liabilities. All remaining cash and assets will be distributed to other exempt organizations that have a similar mission to Bridgeway.
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc5Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc6Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc7Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc8Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc9Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc10Cash Donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc11Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc12Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc13Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc14Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc15Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc16Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc17Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc18Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc19Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc20Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc21Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc22Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc23Cash donation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Ronald McDonald House Charities
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1Alternatives Pregnancy Center
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2American Cancer Society
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3American Military Family
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt4Bethany Christian Services
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt5Birthline Inc of Loveland
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt6Bright by Three
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt7Canine Companions for Independence
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt8Colorado Lions Kid Signt Program
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt9Colorado Patriot
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt10Savio House
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt11Denver Street School
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt12Golden Civic Center - Backpack Program Inc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt13Good Counsel Inc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt14Homes of Living Hope
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt15Hope House
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt16Mental Health Assoc of Colorado
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt17Mother House Inc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt18Mount Saint Vincent Home
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt19Nurse-family Partnership
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt20RM Rett Assoc - Children's Hospital
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt21Rocky Mountain Rett Association
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt22Sacred Heart House of Denver
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt23Sox place Inc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02014-12-10
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12014-12-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22014-07-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32014-10-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt42014-12-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt52014-12-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt62014-10-24
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt72014-10-29
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt82014-12-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt92014-01-16
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt102015-02-25
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt112014-10-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt122014-12-10
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt132014-11-25
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt142014-09-15
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt152014-11-12
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt162014-11-11
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt172014-12-10
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt182014-07-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt192015-03-18
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt202015-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt212014-12-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt222014-12-10
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt232014-12-09
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1742218129
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2131788491
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3202123864
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN4382822017
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN5840893338
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN6841382420
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN12841479121
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN13222831271
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN15841567838
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN16840446365
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN17742251033
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN18840405260
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN19200234163
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN22530196617
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN23731718252
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt2500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt3500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt41000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt5500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt6300
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt7500

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