Civic Intelligence

Bridge Transcends Inc.

990EZ • Fiscal year 2021 • EIN 84-2973967

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

113 South Service RoadJericho, NY 11753

(917) 838-0468

Siviq Scores

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

Liabilities / Assets

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

85%

Higher net margin than 95% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Asset Growth

74th percentile

41%

Faster asset growth than 74% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-50%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$41,135

Up $12,035 (+41%) from 2020

Net Assets

Up

$41,135

Up $12,035 (+41%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$14,110

Down $13,890 (-50%) from 2020

Expenses

Down

$2,075

Down $5,983 (-74%) from 2020

Net Income

Down

$12,035

Down $7,907 (-40%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2020: $29,100Liabilities 2020: $0Net Assets 2020: $29,1002020Assets 2021: $41,135Liabilities 2021: $0Net Assets 2021: $41,1352021Assets 2022: $90,426Liabilities 2022: $0Net Assets 2022: $90,4262022Assets 2023: $254,758Liabilities 2023: $0Net Assets 2023: $254,7582023Assets 2024: $456,322Liabilities 2024: $0Net Assets 2024: $456,3222024

Highlighted filing

2021

Assets$41,135
Liabilities$0
Net Assets$41,135

Operations Trend

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

$300K$200K$100K$0Revenue 2020: $28,000Expenses 2020: $8,058Net Income 2020: $19,9422020Revenue 2021: $14,110Expenses 2021: $2,075Net Income 2021: $12,0352021Revenue 2022: $188,448Expenses 2022: $139,157Net Income 2022: $49,2912022Revenue 2023: $237,351Expenses 2023: $73,019Net Income 2023: $164,3322023Revenue 2024: $292,770Expenses 2024: $91,206Net Income 2024: $201,5642024

Highlighted filing

2021

Revenue$14,110
Expenses$2,075
Net Income$12,035
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$14,110
Mission and Program Overview

Mission

To foster an inclusive network that generates meaningful connections among financial lines professionals with the goal of developing and advancing high potential women in order to increase the number of diverse colleagues in senior roles.

Program Services

DescriptionGrantsExpenses
THE BRIDGE PROVIDES EDUCATIONAL PROGRAMMING FOCUSED ON DIVERSITY, EQUITY AND INCLUSION. FOR EXAMPLE, THE BRIDGE RECENTLY HELD A WEBINAR ENTITLED "THOUGHT TO ACTION." THE WEBINAR WAS STRUCTURED AS A PANEL DISCUSSION BETWEEN CHIEF DIVERSITY OFFICERS AT MAJOR INSURANCE CARRIERS. THE PURPOSE OF THE WEBINAR WAS TO EDUCATE THE PARTICIPANTS ON STEPS THEY CAN TAKE TO BE MORE INCLUSIVE AS INDIVIDUALS, AS WELL AS DISCUSSING STRATEGIES FOR PARTICIPANTS TO HELP DEVELOP MORE INCLUSIVE CORPORATE CULTURES. THE BRIDGE ALSO HAS A MENTORSHIP PROGRAM WHICH CONNECTS MORE SENIOR LEADERS IN THE FINANCIAL LINES INSURANCE INDUSTRY WITH JUNIOR MEMBERS IN THE INDUSTRY. THE PURPOSE OF THE PROGRAM IS FOR MENTORS TO EDUCATE THEIR MENTEES AND OFFER CAREER SUPPORT AND ADVICE. THE OVERALL GOAL OF THE MENTORSHIP PROGRAM IS TO FOSTER DIVERSITY, EQUITY AND INCLUSION WITHIN THE FINANCIAL LINES INDUSTRY. DUE TO COVID-19, THE BRIDGE CURRENTLY PROVIDES ITS EDUCATIONAL PROGRAMMING VIA WEBINARS. IN ADDITION, THE MENTORS AND MENTEES MEET VIRTUALLY. TO THE EXTENT COVID-19 RESTRICTIONS ALLOW, THE BRIDGE INTENDS TO RESUME IN-PERSON EDUCATIONAL AND MENTORING PROGRAMMING. THE BRIDGE WILL LIKELY CONTINUE TO HOST SOME VIRTUAL EDUCATIONAL PROGRAMMING AS WELL.$0$2,074
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALLISON BARRETTPresident-$0--
CHRISTINE WILLIAMSVice President-$0--
HEATHER FOXVice President-$0--
KIMBERLY IACOCCATreasurer-$0--
DEIRDRE MARTINSecretary-$0--
MICHELLE KLEINSecretary-$0--
DAVID LYNDERSBoard Member-$0--
MELISSA PHILLIPSBoard Member-$0--
STERANIE PELLETIERBoard Member-$0--
CATHY COSSUBoard Member-$0--
JOHN BENEDETTOBoard Member-$0--
LAURA COPPOLABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Bridge Transcends Inc
EIN
84-2973967
Phone
9178380468
Address
113 SOUTH SERVICE ROAD, JERICHO, NY 11753

Signing Officer

Name
Kimberly Iacocca
Title
Treasurer
Phone
9178380468
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

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

Description: other program expenses. Amount: 2,075.

Raw XML Appendix185 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/OfficerDirectorTrusteeEmplGrp/PersonNm0ALLISON BARRETT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/PrimaryExemptPurposeTxt0TO FOSTER AN INCLUSIVE NETWORK THAT GENERATES MEANINGFUL CONNECTIONS AMONG FINANCIAL LINES PROFESSIONALS WITH THE GOAL OF DEVELOPING AND ADVANCING HIGH POTENTIAL WOMEN IN ORDER TO INCREASE THE NUMBER OF DIVERSE COLLEAGUES IN SENIOR ROLES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OTHER PROGRAM EXPENSES. AMOUNT: 2,075.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/Filer/EIN0842973967
ReturnHeader/Filer/PhoneNum09178380468
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02022-11-15T21:39:50-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0IACOCCA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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