Civic Intelligence

Bridges Academy Inc

EIN 95-4659439 • 501(c)3 • Studio City, CA

Profile

Bridges academy is dedicated to understanding and educating gifted and highly gifted students with learning differences (twice-exceptional or 2e students) and fostering a successful academic and social experience for its students and the broader community.

3921 Laurel Canyon BlvdStudio City, CA 91604

www.bridges.edu

Siviq Scores

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

Liabilities / Assets

95th percentile

1.04x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.17x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

31st percentile

-1.6%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$206,242

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

10th percentile

-11%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

1.5%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$14,670,036

Down $1,862,432 (-11%) from 2023

Liabilities

Down

$15,254,619

Down $1,737,002 (-10%) from 2023

Net Assets

Down

-$584,583

Down $125,430 (-27%) from 2023

Revenue

Up

$13,016,046

Up $198,173 (+1.5%) from 2023

Expenses

Down

$13,219,018

Down $1,022,477 (-7.2%) from 2023

Net Income

Up

-$202,972

Up $1,220,650 (+86%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $12,827,478Liabilities 2011: $12,161,511Net Assets 2011: $665,9672011Assets 2012: $12,702,817Liabilities 2012: $12,568,322Net Assets 2012: $134,4952012Assets 2013: $12,889,264Liabilities 2013: $13,064,599Net Assets 2013: -$175,3352013Assets 2014: $12,209,548Liabilities 2014: $12,801,901Net Assets 2014: -$592,3532014Assets 2015: $12,832,692Liabilities 2015: $13,668,230Net Assets 2015: -$835,5382015Assets 2016: $13,461,464Liabilities 2016: $14,336,958Net Assets 2016: -$875,4942016Assets 2017: $13,422,930Liabilities 2017: $14,703,346Net Assets 2017: -$1,280,4162017Assets 2018: $14,472,851Liabilities 2018: $15,440,138Net Assets 2018: -$967,2872018Assets 2019: $14,517,435Liabilities 2019: $15,101,536Net Assets 2019: -$584,1012019Assets 2020: $15,447,983Liabilities 2020: $16,062,150Net Assets 2020: -$614,1672020Assets 2021: $15,095,865Liabilities 2021: $14,652,613Net Assets 2021: $443,2522021Assets 2022: $16,670,130Liabilities 2022: $15,726,833Net Assets 2022: $943,2972022Assets 2023: $16,532,468Liabilities 2023: $16,991,621Net Assets 2023: -$459,1532023Assets 2024: $14,670,036Liabilities 2024: $15,254,619Net Assets 2024: -$584,5832024

Highlighted filing

2024

Assets$14,670,036
Liabilities$15,254,619
Net Assets-$584,583

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,104,057Expenses 2011: $4,847,094Net Income 2011: $256,9632011Revenue 2012: $4,858,043Expenses 2012: $5,389,514Net Income 2012: -$531,4712012Revenue 2013: $5,656,903Expenses 2013: $5,575,123Net Income 2013: $81,7802013Revenue 2014: $5,628,550Expenses 2014: $6,045,568Net Income 2014: -$417,0182014Revenue 2015: $6,327,130Expenses 2015: $6,570,315Net Income 2015: -$243,1852015Revenue 2016: $7,231,825Expenses 2016: $7,271,781Net Income 2016: -$39,9562016Revenue 2017: $7,670,446Expenses 2017: $8,075,368Net Income 2017: -$404,9222017Revenue 2018: $8,610,196Expenses 2018: $8,297,067Net Income 2018: $313,1292018Revenue 2019: $9,634,759Expenses 2019: $9,251,573Net Income 2019: $383,1862019Revenue 2020: $9,344,663Expenses 2020: $9,374,729Net Income 2020: -$30,0662020Revenue 2021: $10,757,006Expenses 2021: $9,699,587Net Income 2021: $1,057,4192021Revenue 2022: $10,901,083Expenses 2022: $10,586,247Net Income 2022: $314,8362022Revenue 2023: $12,817,873Expenses 2023: $14,241,495Net Income 2023: -$1,423,6222023Revenue 2024: $13,016,046Expenses 2024: $13,219,018Net Income 2024: -$202,9722024

Highlighted filing

2024

Revenue$13,016,046
Expenses$13,219,018
Net Income-$202,972

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.7$15.3$0.58$13.0$13.2$0.20
2023Detailed filing. Detailed filing data is available for this year.$16.5$17.0$0.46$12.8$14.2$1.42
2022Detailed filing. Detailed filing data is available for this year.$16.7$15.7$0.94$10.9$10.6$0.31
2021Detailed filing. Detailed filing data is available for this year.$15.1$14.7$0.44$10.8$9.70$1.06
2020Detailed filing. Detailed filing data is available for this year.$15.4$16.1$0.61$9.34$9.37$0.03
2019Detailed filing. Detailed filing data is available for this year.$14.5$15.1$0.58$9.63$9.25$0.38
2018Detailed filing. Detailed filing data is available for this year.$14.5$15.4$0.97$8.61$8.30$0.31
2017Detailed filing. Detailed filing data is available for this year.$13.4$14.7$1.28$7.67$8.08$0.40
2016Detailed filing. Detailed filing data is available for this year.$13.5$14.3$0.88$7.23$7.27$0.04
2015Detailed filing. Detailed filing data is available for this year.$12.8$13.7$0.84$6.33$6.57$0.24
2014Summary only. Only limited summary data is available for this year.$12.2$12.8$0.59$5.63$6.05$0.42
2013Summary only. Only limited summary data is available for this year.$12.9$13.1$0.18$5.66$5.58$0.08
2012Summary only. Only limited summary data is available for this year.$12.7$12.6$0.13$4.86$5.39$0.53
2011Summary only. Only limited summary data is available for this year.$12.8$12.2$0.67$5.10$4.85$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$13,091,511
Mission and Program Overview

Mission

Bridges academy is dedicated to understanding and educating gifted and highly gifted students with learning differences (twice-exceptional or 2e students) and fostering a successful academic and social experience for our students and the broader community. (continued on schedule o)

Empowering students to thrive academically and socially through small classes and differentiated instruction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,084,602$11,159,482▲ $74,880
Cash and Non-Interest-Bearing Accounts$1,050,221$1,173,746▲ $123,525
Investments in Publicly Traded Securities$1,030,568$1,062,449▲ $31,881
Accounts Receivable$190,141$438,410▲ $248,269
Savings and Temporary Cash Investments$2,067,631$211,195▼ $1,856,436
Prepaid Expenses and Deferred Charges$116,072$130,998▲ $14,926
Receivables From Officers Etc$42,237$22,906▼ $19,331
Pledges and Grants Receivable$14,524$2,500▼ $12,024
Other Notes and Loans Receivable, Net$2,000--
Total Assets$16,532,468$14,670,036▼ $1,862,432
Other Assets Total$934,472$468,350▼ $466,122
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,024,359$11,032,334▲ $7,975
Deferred Revenue$4,530,078$3,256,633▼ $1,273,445
Accounts Payable and Accrued Expenses$583,134$510,213▼ $72,921
Other Liabilities$854,050$455,439▼ $398,611
Total Liabilities$16,991,621$15,254,619▼ $1,737,002
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,099,674$1,064,217▼ $35,457
Net Assets Without Donor Restrictions$-1,558,827$-1,648,800▼ $89,973
Total Net Assets Fund Balance$-459,153$-584,583▼ $125,430
Total Liabilities and Net Assets / Fund Balance$16,532,468$14,670,036▼ $1,862,432

Asset Categories

AssetBook ValueDepreciationBasis
Land$8,047,743-$8,047,743
Buildings$2,978,921$1,422,607$4,401,528
Equipment$132,818$499,684$632,502
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keri BorzelloHead of SchoolFT$206,242$206,242
Mark LongInterim Head of SchoolFT$159,792$159,792
Jennifer AllenAssistant Head of School (FT$158,239$158,239
Anna SchaerfDirector of CounselingFT$118,033$118,033
Anthony VoBusiness ManagerFT$107,378$107,378

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$829,135
Program Service Revenue
$11,970,089
Investment Income
$9,099
Other Revenue
$207,723
All Other Contributions
$764,211
Change in Net Assets
$-202,972

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,016,046
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-931,568
Total Revenue per Audited Statements
$12,084,478
Total Revenue per Form 990
$13,016,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,502,840
Other Expenses$2,707,068
Grants and Similar Amounts Paid$1,009,110
Total Fundraising Expense$429,237
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,141,182$912,933$252,607$7,306,722
Grants to Domestic Individuals$1,009,110--$1,009,110
Occupancy$775,879$114,463$32,004$922,346
Other Employee Benefits$678,982$100,564$27,968$807,514
Payroll Taxes$533,100$78,647$21,991$633,738
Current Officers, Directors, Trustees, and Key Employees$395,342$50,767$17,092$463,201
Interest$364,538$53,779$15,037$433,354
Pension Plan Contributions$245,182$36,392$10,091$291,665
Depreciation Depletion$174,999$25,817$7,219$208,035
Office Expenses$128,599$18,972$5,306$152,877
Insurance$81,718$12,056$3,371$97,145
Fees for Services Accounting-$55,931-$55,931
Conferences and Meetings$43,541$6,423$1,797$51,761
Fees for Services Other$32,014$4,723$1,321$38,058
Fees for Services Legal$18,373$2,711$758$21,842
Advertising$6,832$1,008$282$8,122
Other Expenses$343,606$88,287$2,664$2,664
Total Functional Expenses$11,226,308$1,563,473$429,237$13,219,018

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,219,018
Expenses per Audited Statements$12,209,908
Total Expenses per Audited Statements$12,209,908
Expenses Not Reported on Financial Statements$1,009,110
Other Expense Adjustments$1,009,110
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,465
Fundraising Gross Income$75,465
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$28,834$28,834$6,189$22,645
Halloween Carnival$11,997$11,997$11,929$68
Total Events$140,389$75,465$75,465$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$42,237$22,906▼ $19,331
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$455,439
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 1A

The executive committee shall comprise the chair of the board of trustees, the vice chair(s), the immediate past chair, the treasurer, the secretary and the head of school. Except as specifically delegated to the executive committee by the board of trustees, the executive committee shall not have the authority to act on behalf of the board of trustees for the purpose of: a) amending these by-laws, b) amending the budget, or c) making decisions covering the selection or retention of the head of school. The executive committee shall have no powers other than those normally exercised by its officer members or such further specific powers as may from time to time be specifically conferred upon it by resolution of the board of trustees.

Form 990, Part VI, Section B, Line 11B

The finance committee reviews a complete draft of the form 990 before it is provided to the board of trustees for review before the form 990 is filed.

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

In conjunction with our annual audit, the board chair seeks to review board members' compliance with the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The board's executive committee determines and approves compensation for the head of school.

Form 990, Part VI, Section C, Line 19

The school does not make its governing documents, conflict of interest policy and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Bridges Academy Inc
EIN
95-4659439
Phone
8187854500
Address
3921 LAUREL CANYON BLVD, STUDIO CITY, CA 91604

Signing Officer

Name
Mark Long
Title
Interim Head of School
Phone
8187854500
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Long
Formed
1998
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
15
Employees
124
Volunteers
25

Preparer

Firm
Cliftonlarsonallen Llp
Address
1925 CENTURY PARK E 16TH FLOOR, LOS ANGELES, CA 90067
Preparer
Tayiika M Dennis CPA
Phone
3102732501
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1:

Bridges academy is dedicated to understanding and educating gifted and highly gifted students with learning differences (twice-exceptional or 2e students) and fostering a successful academic and social experience for our students and the broader community. We do this through the work of two divisions: bridges academy and the center for twice-exceptional research and professional development (the 2e center). Bridges academy, a college preparatory school for grades 4-12, empowers its students to thrive academically and socially through small classes and differentiated instruction, creating an environment in which gifts are recognized and developed, and learning differences and disabilities are accepted. Many students come to bridges defined by their challenges but graduate defined by their strengths and talents. The center for twice-exceptional research and professional development educates and supports educators and the broader community in the identification, understanding, and education of twice-exceptional students. By seeking out and developing best practices through research, curriculum development, outreach, and teacher training, the 2e center allows us to develop and share our knowledge to benefit this underserved population.

Financial Statement Notes

PART X, LINE 2:

The school has received favorable determination letters indicating it is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and california franchise taxes under section 23701 of the california revenue taxation code. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes all of the positions taken by the school / organization are more likely than not to be sustained upon examination.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Financial aid -1,009,110.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 1,009,110.

Raw XML AppendixShowing 400 of 699 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/Desc0BRIDGES ACADEMY IS A LOS ANGELES-BASED COLLEGE PREPARATORY, CO-EDUCATIONAL, INDEPENDENT SCHOOL FOR GIFTED AND HIGHLY GIFTED TWICE-EXCEPTIONAL STUDENTS, OFFERING TWO DAY SCHOOLS, (GRADES 4-12) AND ONLINE HIGH SCHOOL (GRADES 9-12).BRIDGES ACADEMY PROVIDES A RIGOROUS, INNOVATIVE CURRICULUM THAT EMPHASIZES THE STRENGTHS, GIFTS, AND TALENTS OF ITS STUDENTS, WHILE PROACTIVELY OFFERING OPTIONS AND TOOLS TO ADDRESS THEIR LEARNING DIFFERENCES. OUR CORE VALUES INCLUDE EMBRACING COGNITIVE DIVERSITY, EMPHASIZING STRENGTHS AND TALENTS, EMPOWERING LEARNERS, AND ENSURING EQUITY AND ACCESS. THE SCHOOL PREPARES STUDENTS FOR THE 21ST CENTURY AND ITS MANY OPPORTUNITIES, INCLUDING UNIVERSITY STUDIES, AND ARTISTIC AND ENTREPRENEURIAL ENDEAVORS.THE CENTER FOR TWICE-EXCEPTIONAL RESEARCH AND PROFESSIONAL DEVELOPMENT EDUCATES AND SUPPORTS EDUCATORS AND THE BROADER COMMUNITY IN THE IDENTIFICATION, UNDERSTANDING AND EDUCATION OF TWICE-EXCEPTIONAL STUDENTS. BY SEEKING OUT AND DEVELOPING BEST PRACTICES THROUGHRESEARCH, CURRICULUM DEVELOPMENT, OUTREACH, AND TEACHER TRAINING, THE 2E CENTER ALLOWS DEVELOPMENT AND SHARING OF KNOWLEDGE TO BENEFIT THIS UNDERSERVED POPULATION.
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IRS990/Form990PartVIISectionAGrp/PersonNm1KAREN BRESLOW
IRS990/Form990PartVIISectionAGrp/PersonNm2PETER GODWIN
IRS990/Form990PartVIISectionAGrp/PersonNm3KEVIN YODER
IRS990/Form990PartVIISectionAGrp/PersonNm4MAX GOLDBERG
IRS990/Form990PartVIISectionAGrp/PersonNm5JOANNE BELONSKY
IRS990/Form990PartVIISectionAGrp/PersonNm6EMILY LEHRER
IRS990/Form990PartVIISectionAGrp/PersonNm7BRIAN HASKIN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARGIE POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm9TOM ROPELEWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBIN SCHADER
IRS990/Form990PartVIISectionAGrp/PersonNm11JACQUES STAMBOULI
IRS990/Form990PartVIISectionAGrp/PersonNm12VI HUANG
IRS990/Form990PartVIISectionAGrp/PersonNm13RICK ROSAS
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT RADER
IRS990/Form990PartVIISectionAGrp/PersonNm15KATE MERRITT
IRS990/Form990PartVIISectionAGrp/PersonNm16MARK LONG
IRS990/Form990PartVIISectionAGrp/PersonNm17JENNIFER ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm18ANTHONY VO
IRS990/Form990PartVIISectionAGrp/PersonNm19ANNA SCHAERF
IRS990/Form990PartVIISectionAGrp/PersonNm20KERI BORZELLO
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20206242
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERIM HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASSISTANT HEAD OF SCHOOL (
IRS990/Form990PartVIISectionAGrp/TitleTxt18BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF COUNSELING
IRS990/Form990PartVIISectionAGrp/TitleTxt20HEAD OF SCHOOL
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IRS990/FormationYr01998
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IRS990/FSAuditedInd01
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IRS990/MissionDesc0BRIDGES ACADEMY IS DEDICATED TO UNDERSTANDING AND EDUCATING GIFTED AND HIGHLY GIFTED STUDENTS WITH LEARNING DIFFERENCES (TWICE-EXCEPTIONAL OR 2E STUDENTS).
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IRS990/PrincipalOfficerNm0MARK LONG
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION
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IRS990/ProgramServiceRevenueGrp/Desc2AUXILIARY SERVICES
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IRS990/ProhibitedTaxShelterTransInd00
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