Civic Intelligence

Site K Inc.

990 • Fiscal year 2011 • EIN 94-3132902

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 13, 2012

345 Spear Street No 70094105
Siviq Scores

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

Liabilities / Assets

99th percentile

8.06x

Higher debt load relative to assets than 99% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

70th percentile

16%

Faster asset growth than 70% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$144,269

Up $19,433 (+16%) from 2010

Net Assets

Down

-$1,017,941

Down $260,644 (-34%) from 2010

Liabilities

Up

$1,162,210

Up $280,077 (+32%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$444,431

Down $844,514 (-66%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0M-$10MAssets 2010: $124,836Liabilities 2010: $882,133Net Assets 2010: -$757,2972010Assets 2011: $144,269Liabilities 2011: $1,162,210Net Assets 2011: -$1,017,9412011Assets 2012: $159,519Liabilities 2012: $1,379,640Net Assets 2012: -$1,220,1212012Assets 2013: $137,442Liabilities 2013: $1,464,842Net Assets 2013: -$1,327,4002013Assets 2014: $110,541Liabilities 2014: $1,690,053Net Assets 2014: -$1,579,5122014Assets 2015: $80,961Liabilities 2015: $1,706,027Net Assets 2015: -$1,625,0662015Assets 2016: $82,297Liabilities 2016: $1,572,209Net Assets 2016: -$1,489,9122016Assets 2017: $83,679Liabilities 2017: $1,584,771Net Assets 2017: -$1,501,0922017Assets 2018: $85,111Liabilities 2018: $2,429,731Net Assets 2018: -$2,344,6202018Assets 2019: $78,341Liabilities 2019: $3,470,694Net Assets 2019: -$3,392,3532019Assets 2020: $71,622Liabilities 2020: $4,805,908Net Assets 2020: -$4,734,2862020Assets 2021: $98,209Liabilities 2021: $6,093,284Net Assets 2021: -$5,995,0752021Assets 2022: $124,851Liabilities 2022: $7,359,406Net Assets 2022: -$7,234,5552022Assets 2023: $76,551Liabilities 2023: $8,641,202Net Assets 2023: -$8,564,6512023Assets 2024: $107,867Liabilities 2024: $9,986,533Net Assets 2024: -$9,878,6662024

Highlighted filing

2011

Assets$144,269
Liabilities$1,162,210
Net Assets-$1,017,941

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $1,288,9452010Expenses 2011: $444,4312011Expenses 2012: $386,6062012Revenue 2013: $190,723Expenses 2013: $298,002Net Income 2013: -$107,2792013Revenue 2014: $188,748Expenses 2014: $352,729Net Income 2014: -$163,9812014Revenue 2015: $188,169Expenses 2015: $233,723Net Income 2015: -$45,5542015Revenue 2016: $327,197Expenses 2016: $192,043Net Income 2016: $135,1542016Revenue 2017: $199,102Expenses 2017: $210,282Net Income 2017: -$11,1802017Revenue 2018: $193,979Expenses 2018: $1,037,507Net Income 2018: -$843,5282018Revenue 2019: $195,530Expenses 2019: $1,243,263Net Income 2019: -$1,047,7332019Revenue 2020: $197,043Expenses 2020: $1,538,976Net Income 2020: -$1,341,9332020Revenue 2021: $198,640Expenses 2021: $1,459,429Net Income 2021: -$1,260,7892021Revenue 2022: $200,387Expenses 2022: $1,439,867Net Income 2022: -$1,239,4802022Revenue 2023: $202,212Expenses 2023: $1,532,308Net Income 2023: -$1,330,0962023Revenue 2024: $210,341Expenses 2024: $1,524,356Net Income 2024: -$1,314,0152024

Highlighted filing

2011

Revenue-
Expenses$444,431
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 13, 2012
Return Version
2011v1.2
Gross Receipts
$183,787
Mission and Program Overview

Mission

Mission: this organization supports bridge housing corporation (bridge). Bridge strengthens communities by developing, owning and managing high-quality, affordable homes for working families and seniors.vision:* bridge strengthens communities and creates opportunities for working families and seniors, beginning but not ending with housing.* bridge is a leader and innovator in the mission-driven business of effective production, operation and ownership of affordable and mixed-income housing.* bridge earns the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees.* bridge is the go-to developer and owner for public officials, investors and communities seeking an array of housing solutions, and it delivers results.

Filing and Contact Details

Filer

EIN
94-3132902
Raw XML AppendixShowing 400 of 2,190 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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IRS990/ActivityOrMissionDescription0SUCCESSFULLY PROVIDED AFFORDABLE HOUSING BY PROVIDING ASSET MANAGEMENT SERVICES AND SERVING AS THE GENERAL PARTNER. CONTINUED TO SUPPLY SUPPORT TO BRIDGE HOUSING CORPORATION. BRIDGE HOUSING CORPORATION CREATES HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS. WITH OVER 12,500 HOMES PLACED IN SERVICE AND OVER 3,500 UNITS CURRENTLY IN PROGRESS, BRIDGE IS AMONG THE LARGEST AFFORDABLE HOUSING DEVELOPERS IN CALIFORNIA. BRIDGE BUILDS A RANGE OF HOUSING TYPES THAT NOT ONLY FIT COMFORTABLY INTO THEIR SURROUNDINGS BUT ALSO ACT AS THE CATALYST FOR REVITALIZING AND STRENGTHENING NEIGHBORHOODS.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0BRIDGE AND AFFILIATES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. BRIDGE AND AFFILIATES' FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2007 THROUGH 2010 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0LYDIA TAN, A FORMER EXECUTIVE VP OF DEVELOPMENT, RECEIVED, FROM A RELATED ORGANIZATION, A SEVERANCE PAYMENT OF $118,244 AND 457(B) DISTRIBUTION OF $106,230 ON 1/31/2011.
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IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment01
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0CORPORATE CONTROLLER AND CFO CONDUCT A DETAIL REVIEW OF THE RETURN BEFORE IT IS FILED. DETAIL REVIEW INCLUDES AGREEING NUMBERS TO AUDIT REPORT, REASONABLENESS TESTS ON DATA, AND REVIEWING SALARY INFORMATION. EACH MEMBER OF THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS, UPON REQUEST, CAN REVIEW THE FORM 990 AND SUBMIT COMMENTS BEFORE IT IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation1ANY DIRECTOR OR OFFICER WHO HAS A FINANCIAL INTEREST, DIRECTLY OR INDIRECTLY, MUST DISCLOSE IT BEFORE A CONSIDERATION OR VOTE OF THE TRANSACTION IS MADE BY THE BOARD OF DIRECTORS. THE REMAINING BOARD WILL THEN DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED DIRECTOR OR OFFICER MAY MAKE AN INFORMATIONAL PRESENTATION TO THE BOARD IN CONNECTION WITH THE TRANSACTION, BUT MAY NOT BE PRESENT DURING THE DISCUSSION OR THE VOTE. THE BOARD MINUTES REFLECT THE ABOVE-DESCRIBED DISCUSSIONS. EACH YEAR THE DIRECTORS AND OFFICERS SIGN A STATEMENT TO DENOTE IF CONFLICTS EXISTED DURING THE YEAR AND IF SO, DISCLOSING THE NATURE OF THE CONFLICT. THE ORANIZATION ALSO DOES PERIODIC REVIEWS TO ENSURE COMPENSATION IS REASONABLE AND GOODS AND SERVICES ARE RECEIVED AT ARMS-LENGTH AND CONFORM WITH INTERNAL POLICIES.
IRS990ScheduleO/GeneralExplanation/Explanation2PROPOSED COMPENSATION IS PRESENTED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF BRIDGE HOUSING CORPORATION. THE PROPOSAL INCLUDES COMPARABLE DATA FROM INDEPENDENT SOURCES. THE COMMITTEE THEN APPROVES OR DISCUSSES ALTERNATIVES TO THE PROPOSAL.
IRS990ScheduleO/GeneralExplanation/Explanation3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE HOURS, DEVOTED BY EACH COMPENSATED EMPLOYEE TO THIS REPORTING ORGANIZATION, SHOWN IN COLUMN B, WHEN COMBINED WITH HIS/HER ESTIMATED HOURS DEVOTED TO OTHER RELATED ORGANIZATIONS, IS ON AVERAGE EQUAL TO 40 HOURS PER WEEK.
IRS990ScheduleO/GeneralExplanation/Explanation5THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION AND AFFILIATED ENTITIES WERE INCLUDED IN A COMBINED FINANCIAL STATEMENT IN ACCORDANCE WITH STATEMENT OF POSITION 94-3. THE COMBINED FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DID NOT RECEIVE A SEPARATE AUDITED FINANCIAL STATEMENT.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990 PART VII SECTION A COLUMNS A&B:
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, LINE 2C
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART IV, LINE 12 AND PART XI, LINE 2B
IRS990/ScheduleORequired01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$9.99$9.88$0.21$1.52$1.31
2023Detailed filing. Detailed filing data is available for this year.$0.08$8.64$8.56$0.20$1.53$1.33
2022Detailed filing. Detailed filing data is available for this year.$0.12$7.36$7.23$0.20$1.44$1.24
2021Detailed filing. Detailed filing data is available for this year.$0.10$6.09$6.00$0.20$1.46$1.26
2020Detailed filing. Detailed filing data is available for this year.$0.07$4.81$4.73$0.20$1.54$1.34
2019Detailed filing. Detailed filing data is available for this year.$0.08$3.47$3.39$0.20$1.24$1.05
2018Detailed filing. Detailed filing data is available for this year.$0.09$2.43$2.34$0.19$1.04$0.84
2017Detailed filing. Detailed filing data is available for this year.$0.08$1.58$1.50$0.20$0.21$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.08$1.57$1.49$0.33$0.19$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.08$1.71$1.63$0.19$0.23$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.11$1.69$1.58$0.19$0.35$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.14$1.46$1.33$0.19$0.30$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$1.38$1.22$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$1.16$1.02$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.88$0.76$1.29