Civic Intelligence

Bridge Transcends Inc.

990EZ • Fiscal year 2022 • EIN 84-2973967

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 16, 2023

757 Third Ave 10flNew York, NY 10017

(917) 838-0468

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

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

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

50th percentile

0.00x

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

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Net Margin

72nd percentile

26%

Higher net margin than 72% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Asset Growth

90th percentile

120%

Faster asset growth than 90% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

1236%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$90,426

Up $49,291 (+120%) from 2021

Net Assets

Up

$90,426

Up $49,291 (+120%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$188,448

Up $174,338 (+1236%) from 2021

Expenses

Up

$139,157

Up $137,082 (+6606%) from 2021

Net Income

Up

$49,291

Up $37,256 (+310%) from 2021

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

2022

Assets$90,426
Liabilities$0
Net Assets$90,426

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

2022

Revenue$188,448
Expenses$139,157
Net Income$49,291
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 16, 2023
Return Version
2022v5.0
Gross Receipts
$188,448
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$138,162
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--
STEPHANIE PEARL 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
757 THIRD AVE 10FL, NEW YORK, NY 10017

Signing Officer

Name
Kimberly Iacocca
Title
Treasurer
Phone
9178380468
Signed
2023-11-16
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: event expense. Amount: 138,162. Description: bank fees. Amount: 20. Description: insurance . Amount: 975. Total to form 990-ez, line 16: 139,157.

Raw XML Appendix196 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/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: EVENT EXPENSE. AMOUNT: 138,162. DESCRIPTION: BANK FEES. AMOUNT: 20. DESCRIPTION: INSURANCE . AMOUNT: 975. TOTAL TO FORM 990-EZ, LINE 16: 139,157.
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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/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02023-11-15T23:06:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0IACOCCA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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