Form 990 for tax year 2022
Filed by BRIDGES EDUCATIONAL FOUNDATION INC.
Totals
- Total revenue
- $1,392,318
- Total expenses
- $102,471
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,392,318
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $102,471
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
11a · Other revenue: Proceeds from Liquidation
total $1,392,318
-
11e · Other revenue, total
$1,392,318
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $70,930 · management and general $70,930
-
11c · Fees: accounting
total $825 · management and general $825
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $100 · management and general $100
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Administrative Fees and Expenses
total $60 · management and general $60
-
24b · Other expenses: Taxes
total $1,540 · management and general $1,540
-
24c · Other expenses: HaystackID LLC
total $29,016 · management and general $29,016
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $318,619
-
27 · Net assets without donor restrictions
beginning of year $318,619
Mission and programs · 2022
Mission
Operation of a public charter school.
-
Operated as a charter school in State Road, NC serving approximately 124 students for the fiscal year ended June 30, 2021. The School closed effective June 30, 2021.
As filed on the 2022 return.
Listed in Part VII
-
No Board Members Dissolved 7162021
Board
- Total calculated
- $0
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.
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
This return attached Schedule N but itemized no distributions.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331959349301353
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