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Nonprofiteer
← BRIDGE BUILDERS INC

Form 990 for tax year 2023

Filed by BRIDGE BUILDERS INC.

Totals

Total revenue
$670,685
Total expenses
$353,828
Contributions and grants received
$555,037
Grants paid
$0
Program service revenue
$114,584
Investment income
$64
Other revenue
$1,000
Total assets, end of year
$920,402
Total liabilities, end of year
$15,330
Net assets or fund balances, end of year
$905,072
Program services expenses (Part IX)
$265,044
Management and general expenses
$70,170
Fundraising expenses
$18,614
Program service expenses (Part III)
$265,044

Program services were 74.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $555,037

  • 1g · Noncash contributions included above

    $24,000

  • 2a · Program service revenue: Home Rehab

    total $114,584 · related or exempt $114,584

  • 3 · Investment income

    total $64 · related or exempt $64

  • 6a · Gross rents

    real property $1,000

  • 6c · Rental income or loss

    real property $1,000

  • 6d · Net rental income or loss

    total $1,000 · related or exempt $1,000

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $152,167 · program services $106,517 · management and general $38,042 · fundraising $7,608

  • 11c · Fees: accounting

    total $4,640 · management and general $4,640

  • 11g · Fees: other

    total $320 · program services $320

  • 12 · Advertising and promotion

    total $2,390 · program services $2,390

  • 13 · Office expenses

    total $6,126 · program services $1,195 · management and general $2,661 · fundraising $2,270

  • 14 · Information technology

    total $6,485 · fundraising $6,485

  • 16 · Occupancy

    total $75,253 · program services $67,899 · management and general $5,179 · fundraising $2,175

  • 19 · Conferences, conventions and meetings

    total $1,888 · program services $1,699 · management and general $113 · fundraising $76

  • 22 · Depreciation, depletion and amortization

    total $8,089 · management and general $8,089

  • 23 · Insurance

    total $10,560 · management and general $10,560

  • 24a · Other expenses: Construction Costs

    total $66,213 · program services $66,213

  • 24b · Other expenses: Serve Day Expenses

    total $12,430 · program services $12,430

  • 24c · Other expenses: Community Events

    total $3,717 · program services $3,717

  • 24d · Other expenses: Serve Day Shirts

    total $1,324 · program services $1,324

  • 24e · All other expenses

    total $2,226 · program services $1,340 · management and general $886

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $278,504 · end of year $175,742

  • 3 · Pledges and grants receivable

    end of year $10,000

  • 4 · Accounts receivable

    end of year $1,491

  • 8 · Inventories for sale or use

    beginning of year $75,506 · end of year $308,395

  • 10a · Land, buildings and equipment: cost or other basis

    $447,530

  • 10b · Land, buildings and equipment: accumulated depreciation

    $22,756

  • 10c · Land, buildings and equipment, net

    beginning of year $210,978 · end of year $424,774

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,114 · end of year $15,330

  • 27 · Net assets without donor restrictions

    beginning of year $559,874 · end of year $905,072

Mission and programs · 2023

Mission

To inspire Inner-city innovation that will holistically transform neighborhoods one block at a time.

Activities or mission (Part I)

To inspire Innercity innovation that will holistically transform neighborhoods one block at a time

  • Reclaim the Block - Bridge Builders purchased, rehabilitated, and sold 1 home in our neighborhood, which is economically distressed. Five other homes were in the process of being rehabilitated for sale at the end of the year. We also provide miscellaneous home renovations to current home owners in our neighborhood.

    Expenses $238,084 · Revenue $115,584

  • Serve Days - Bridge Builders brought volunteers into the neighborhood to serve our neighbors by doing landscaping and minor home repairs. We hosted 7 Serve Days in 2023.

    Expenses $21,128

  • Community Meetings - Bridge Builders hosts community meetings in order to build relationships amongst the neighbors in Bridge Builders' neighborhood. We held 13 community meetings in 2023.

    Expenses $5,832

As filed on the 2023 return.

Listed in Part VII

  • KURT OWENS

    President

    Total calculated
    $0
    Hours/week
    20
  • NIYA BEALIN

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • DAN BAKER

    Director

    Total calculated
    $0
    Hours/week
    1
  • JERRY GAINER

    Director

    Total calculated
    $0
    Hours/week
    1
  • TOM GEHL

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • LAURYN DECK

    Director

    Total calculated
    $0
    Hours/week
    1
  • ROSANNA ZEPECKI

    Director

    Total calculated
    $0
    Hours/week
    1
  • CARL BROWN

    Director

    Total calculated
    $0
    Hours/week
    1
  • WESLEY MCKENZIE

    Director

    Total calculated
    $0
    Hours/week
    1
  • ERIC GOLDSCHMIDT

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202403189349301985

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