Totals
- Total revenue
- $1,189,557
- Total expenses
- $763,709
- Contributions and grants received
- $530,044
- Grants paid
- $1,100
- Program service revenue
- $659,513
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $773,665
- Total liabilities, end of year
- $158,971
- Net assets or fund balances, end of year
- $614,694
- Program services expenses (Part IX)
- $580,134
- Management and general expenses
- $97,372
- Fundraising expenses
- $86,203
- Program service expenses (Part III)
- $580,134
Program services were 76.0% 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
$530,044
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $659,513 · related or exempt $659,513
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,100 · program services $1,100
-
5 · Compensation of officers, directors and key employees
total $171,652 · program services $128,739 · management and general $25,748 · fundraising $17,165
-
7 · Other salaries and wages
total $289,102 · program services $215,917 · management and general $15,572 · fundraising $57,613
-
8 · Pension plan contributions
total $10,902 · program services $8,142 · management and general $564 · fundraising $2,196
-
9 · Other employee benefits
total $20,544 · program services $15,367 · management and general $1,824 · fundraising $3,353
-
10 · Payroll taxes
total $36,006 · program services $26,933 · management and general $3,197 · fundraising $5,876
-
11b · Fees: legal
total $630 · management and general $630
-
11c · Fees: accounting
total $23,125 · management and general $23,125
-
11g · Fees: other
total $146,405 · program services $146,302 · management and general $103
-
13 · Office expenses
total $39,274 · program services $21,931 · management and general $17,343
-
16 · Occupancy
total $8,123 · management and general $8,123
-
17 · Travel
total $9,095 · program services $9,095
-
19 · Conferences, conventions and meetings
total $6,608 · program services $6,608
-
22 · Depreciation, depletion and amortization
total $1,143 · management and general $1,143
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $289,461 · end of year $466,568
-
2 · Savings and temporary cash investments
beginning of year $85,162 · end of year $83,178
-
3 · Pledges and grants receivable
end of year $200,044
-
4 · Accounts receivable
beginning of year $103,054 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,667 · end of year $3,203
-
10a · Land, buildings and equipment: cost or other basis
$22,740
-
10b · Land, buildings and equipment: accumulated depreciation
$2,068
-
10c · Land, buildings and equipment, net
beginning of year $3,160 · end of year $20,672
-
17 · Accounts payable and accrued expenses
beginning of year $26,107 · end of year $16,041
-
19 · Deferred revenue
beginning of year $267,551 · end of year $142,930
-
27 · Net assets without donor restrictions
beginning of year $188,846 · end of year $464,694
-
28 · Net assets with donor restrictions
end of year $150,000
Mission and programs · 2022
Mission
TO FOSTER AND SUPPORT THE DEVELOPMENT OF IMPACT INVESTING, SOCIAL ENTREPRENEURSHIP, AND OTHER INNOVATIVE FUNDING MECHANISMS TO EFFECT SOCIAL CHANGE BY, AMONG OTHER ACTIVITIES, (A) CREATING AND FACILITATING EDUCATIONAL FORUMS, TRAININGS, WORKSHOPS AND PROGRAMS, (B) CONDUCTING, COLLECTING, SUPPORTING, PUBLISHING AND DISSEMINATING RESEARCH, (C) AND DEVELOPING AND PROMOTING COLLABORATIONS, RELATIONSHIPS AND FIELD-BASED PROGRAMS.
-
IN 2022, THE BRIDGES IMPACT FOUNDATION CONTINUED TO SPONSOR TWO PROGRAMS: IMPACT FRONTIERS; AND THE MBA IMPACT INVESTMENT NETWORK AND TRAINING (THE TURNER MIINT).IN 2022, IMPACT FRONTIERS OFFERED ITS COHORT-BASED IMPACT MANAGEMENT PROGRAM TO INVESTORS IN CANADA, CHINA, EUROPE, JAPAN, THE UNITED KINGDOM, AND THE UNITED STATES. IT ALSO INITIATED NEW CONSENSUS-BUILDING PROJECTS IN AREAS OF PRACTICE WHERE STANDARDS AND GUIDANCE DO NOT YET EXIST, SUCH AS INVESTOR CONTRIBUTION AND IMPACT PERFORMANCE REPORTING. IMPACT FRONTIERS ALSO LAUNCHED A NEW WEBSITE FEATURING CONTENT INHERITED FROM THE IMPACT MANAGEMENT PROJECT, AS WELL AS DISCUSSION BOARDS FOR COMMUNITY INVOLVEMENT. THE TURNER MBA IMPACT INVESTING NETWORK AND TRAINING (THE MIINT) IS THE WORLD'S LARGEST AND MOST EFFECTIVE MULTI-UNIVERSITY COURSE ON IMPACT INVESTING, OPERATED IN PARTNERSHIP WITH THE UNIVERSITY OF PENNSYLVANIA'S WHARTON SCHOOL OF BUSINESS. IN 2023, THE PROGRAM RETURNED TO IN-PERSON COMPETITION AT WHARTON. THE PROGRAM CULMINATED ITS 12TH YEAR WITH 40 TOP BUSINESS AND POLICY PROGRAMS FROM AROUND THE WORLD.
Expenses $580,134 · Grants $1,100 · Revenue $659,513
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian TrelstadBRIAN TRELSTAD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Michele GiddensMICHELE GIDDENS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Brian WalshBRIAN WALSH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peter BernardPETER BERNARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eduardo MedeirosEDUARDO MEDEIROS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tasha SeitzTASHA SEITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael McCrelessMICHAEL MCCRELESS
EXECUTIVE DIRECTOR
- Total calculated
- $171,600
- From this org
- $165,000
- From related orgs
- $0
- Other
- $6,600
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,000
- Bonus
- $0
- Other
- $0
- Deferred
- $6,600
- Nontaxable benefits
- $0
- Filer's total
- $171,600
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323179349303107
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