Civic Intelligence

Homebridge Ventures Inc

EIN 86-1687817 • 501(c)3 • Bridgeport, CT

Profile

Homebridge ventures seeks to break the cycle of recidivism through transformative relationships,trauma-responsive job training and placement, and a supportive community for justice-involved people that leads to the opportunity to heal and to obtain gainful employment.

One Lafayette Circle Ste 102Bridgeport, CT 06604

homebridgeventures.org

Siviq Scores

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

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

48th percentile

0.8%

Higher net margin than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

64th percentile

6.7%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

54th percentile

1.7%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$116,391

Up $5,958 (+5.4%) from 2023

Liabilities

Up

$5,278

Up $3,175 (+151%) from 2023

Net Assets

Up

$111,113

Up $2,783 (+2.6%) from 2023

Operations
Liabilities / Revenue71st percentileNet Margin48th percentile

Revenue

Up

$348,870

Up $37,771 (+12%) from 2023

Expenses

Up

$346,087

Up $42,824 (+14%) from 2023

Net Income

Down

$2,783

Down $5,053 (-64%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$150K$100K$50K$0Assets 2022: $102,185Liabilities 2022: $1,691Net Assets 2022: $100,4942022Assets 2023: $110,433Liabilities 2023: $2,103Net Assets 2023: $108,3302023Assets 2024: $116,391Liabilities 2024: $5,278Net Assets 2024: $111,1132024

Highlighted filing

2024

Assets$116,391
Liabilities$5,278
Net Assets$111,113
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

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

$400K$300K$200K$100K$0Revenue 2022: $337,603Expenses 2022: $237,708Net Income 2022: $99,8952022Revenue 2023: $311,099Expenses 2023: $303,263Net Income 2023: $7,8362023Revenue 2024: $348,870Expenses 2024: $346,087Net Income 2024: $2,7832024

Highlighted filing

2024

Revenue$348,870
Expenses$346,087
Net Income$2,783
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$116,391
Liabilities
$5,278
Net assets
$111,113
Revenue
$348,870
Expenses
$346,087
Net income
$2,783
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.05$1.11$3.49$3.46$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.02$1.08$3.11$3.03$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.02$1.00$3.38$2.38$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$350,370
Mission and Program Overview

Mission

Homebridge ventures (homebridge) seeks to break the cycle of recidivism through transformative relationships,trauma-responsive job training and placement, and a supportive community for justice-involved people that leads to the opportunity to heal and to obtain gainful employment.

Homebridge ventures seeks to break the cycle of recidivism through transformative relationships,trauma-responsive job training and placement, and a supportive community for justice-involved people that leads to the opportunity to heal and to obtain gainful employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$99,416$90,237▼ $9,179
Pledges and Grants Receivable-$21,382-
Savings and Temporary Cash Investments$1,531$29▼ $1,502
Total Assets$110,433$116,391▲ $5,958
Other Assets Total$9,486$4,743▼ $4,743
Liabilities
Accounts Payable and Accrued Expenses$2,103$5,278▲ $3,175
Total Liabilities$2,103$5,278▲ $3,175
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$108,330$111,113▲ $2,783
Total Net Assets Fund Balance$108,330$111,113▲ $2,783
Total Liabilities and Net Assets / Fund Balance$110,433$116,391▲ $5,958
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
David StubbsExecutive DirectorFT$34,000$1,320$35,320

Board Members and Trustees

NameTitle
Serge KarpowChairman
Adrienne Farrar HouelDirector
Ashley HamptonDirector
Nathaniel ChristianDirector
Margaret StauntonDirector, Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$292,128
Program Service Revenue
$51,194
Investment Income
$-52
Other Revenue
$5,600
All Other Contributions
$292,128
Change in Net Assets
$2,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,393
Salaries, Compensation, and Employee Benefits$163,694
Total Fundraising Expense$45,265
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$86,367$14,197$8,500$109,064
Occupancy$42,267$18,114$0$60,381
Current Officers, Directors, Trustees, and Key Employees$10,596$14,128$10,596$35,320
Office Expenses$9,267$18,607$73$27,947
Insurance$0$12,533$0$12,533
Advertising$0$0$11,743$11,743
Payroll Taxes$7,845$2,258$1,519$11,622
Fees for Services Other$3,774$4,850$2,867$11,491
All Other Expenses$1,280$7,231$1,135$9,646
Other Employee Benefits$6,150$769$769$7,688
Other Expenses$0$0$7,571$7,571
Conferences and Meetings$4,503$0$0$4,503
Travel$4,352$0$43$4,395
Total Functional Expenses$208,135$92,687$45,265$346,087
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
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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
Filing and Contact Details

Filer

Filer Name
Homebridge Ventures Inc
EIN
86-1687817
Phone
2033333335
Address
ONE LAFAYETTE CIRCLE STE 102, BRIDGEPORT, CT 06604

Signing Officer

Name
David Stubbs
Title
Executive Director
Phone
2033333335
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Stubbs
Formed
2020
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
4

Preparer

Firm
CFO Solutions LLC
Address
45 Nancy Drive, Monroe, CT 06468
Preparer
William F Schmalkuche
Phone
2032585330
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Prior to filing the form 990, a complete copy was provided to each member of the board of directors for their review. All board members were given the opportunity to provide comments and ask questions about the information contained in form 990.”

Pt VI, Line 19

“The organizations governing documents and financial statements are available to the public upon request.”

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0292128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0240726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0263487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0796341
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05600
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05600
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0540496
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0255845
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0292128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0240726
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0263487
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0796341
IRS990ScheduleA/TotalSupportAmt0801941
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING THE FORM 990, A COMPLETE COPY WAS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. ALL BOARD MEMBERS WERE GIVEN THE OPPORTUNITY TO PROVIDE COMMENTS AND ASK QUESTIONS ABOUT THE INFORMATION CONTAINED IN FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0110433
IRS990/TotalAssetsEOYAmt0116391
IRS990/TotalAssetsGrp/BOYAmt0110433
IRS990/TotalAssetsGrp/EOYAmt0116391
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0292128
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt045265
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092687
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0208135
IRS990/TotalFunctionalExpensesGrp/TotalAmt0346087
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02103
IRS990/TotalLiabilitiesEOYAmt05278
IRS990/TotalLiabilitiesGrp/BOYAmt02103
IRS990/TotalLiabilitiesGrp/EOYAmt05278
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0108330
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0111113
IRS990/TotalOtherCompensationAmt01320
IRS990/TotalProgramServiceExpensesAmt0208135
IRS990/TotalProgramServiceRevenueAmt051194
IRS990/TotalReportableCompFromOrgAmt034000
IRS990/TotalRevenueGrp/ExclusionAmt05548
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt051194
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0348870
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0110433
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0116391
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt043
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt04352
IRS990/TravelGrp/TotalAmt04395
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE LAYFAYETTE CIRCLE STE 102
IRS990/USAddress/CityNm0BRIDGEPORT
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006604
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HOMEBRIDGEVENTURES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID STUBBS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02033333335
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOMEBRIDGE VENTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0861687817
ReturnHeader/Filer/PhoneNum02033333335
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE LAFAYETTE CIRCLE STE 102
ReturnHeader/Filer/USAddress/CityNm0BRIDGEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006604
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061528274
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CFO Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045 Nancy Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Monroe
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006468
ReturnHeader/PreparerPersonGrp/PhoneNum02032585330
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William F Schmalkuche
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-10T17:53:15-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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