Skip to content
Nonprofiteer
← BRIDGEWAY FOUNDATION

Form 990 for tax year 2023

Filed by BRIDGEWAY FOUNDATION.

Totals

Total revenue
$1,990,707
Total expenses
$1,040,241
Contributions and grants received
$18,946
Grants paid
$40,391
Program service revenue
$1,621,401
Investment income
$340,547
Other revenue
$9,813
Total assets, end of year
$20,122,145
Total liabilities, end of year
$387,870
Net assets or fund balances, end of year
$19,734,275
Program services expenses (Part IX)
$841,342
Management and general expenses
$198,899
Fundraising expenses
$0
Program service expenses (Part III)
$841,342

Program services were 80.9% 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

    $18,946

  • 2a · Program service revenue: RENTAL INCOME

    total $1,199,505 · related or exempt $1,199,505

  • 2b · Program service revenue: SERVICE FEES

    total $421,896 · related or exempt $421,896

  • 3 · Investment income

    total $252,690 · excluded $252,690

  • 7a · Gross sales of assets other than inventory

    securities $1,051,763

  • 7b · Less cost or other basis and sales expenses

    securities $963,906

  • 7c · Gain or loss

    securities $87,857

  • 7d · Net gain or loss

    total $87,857 · excluded $87,857

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $9,813 · related or exempt $9,813

  • 11e · Other revenue, total

    $9,813

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $40,391 · program services $40,391

  • 11c · Fees: accounting

    total $30,000 · management and general $30,000

  • 11f · Fees: investment management

    total $76,197 · management and general $76,197

  • 16 · Occupancy

    total $113,750 · program services $113,750

  • 22 · Depreciation, depletion and amortization

    total $162,732 · program services $162,732

  • 24a · Other expenses: VEHICLE OPERATING COST

    total $192,568 · program services $192,568

  • 24b · Other expenses: OFFICE EQUIPMENT

    total $183,326 · program services $183,326

  • 24c · Other expenses: SERVICE CONTRACTS

    total $148,575 · program services $148,575

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $47,129 · management and general $47,129

  • 24e · All other expenses

    total $45,573 · management and general $45,573

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,833,378 · end of year $2,993,697

  • 2 · Savings and temporary cash investments

    end of year $1,818,360

  • 4 · Accounts receivable

    beginning of year $145 · end of year $145

  • 9 · Prepaid expenses and deferred charges

    beginning of year $44,431 · end of year $84,178

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

    $4,641,044

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

    $4,232,876

  • 10c · Land, buildings and equipment, net

    beginning of year $384,477 · end of year $408,168

  • 11 · Investments: publicly traded securities

    end of year $11,718,187

  • 12 · Investments: other securities

    beginning of year $10,792,007

  • 15 · Other assets

    beginning of year $2,779,257 · end of year $3,099,410

  • 17 · Accounts payable and accrued expenses

    beginning of year $66,221 · end of year $71,674

  • 25 · Other liabilities

    beginning of year $286,919 · end of year $316,196

  • 27 · Net assets without donor restrictions

    beginning of year $17,461,516 · end of year $19,715,236

  • 28 · Net assets with donor restrictions

    beginning of year $19,039 · end of year $19,039

Mission and programs · 2023

Mission

HOLD TITLE TO PROPERTY TO LEASE TO OTHER AFFILIATED EXEMPT ORGANIZATIONS AND PROVIDING MANAGEMENT AND ACCOUNTING SERVICES TO THESE OTHER ORGANIZATIONS.

  • HOLDING OF TITLE TO PROPERTY TO LEASE TO OTHER AFFILIATED EXEMPT ORGANIZATIONS AND PROVIDING MANAGEMENT AND ACCOUNTING SERVICES TO THESE OTHER ORGANIZATIONS.

    Expenses $841,342 · Grants $40,391 · Revenue $1,631,214

As filed on the 2023 return.

Listed in Part VII

  • Chris Butcher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 4.5 related

  • Jason Duncan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 4.5 related

  • David Garner

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5 + 4.5 related

  • William Nelson

    CEO/PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5 + 6 related

  • Steve Tibbitts

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5 + 4.5 related

  • Seth Minter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 4.5 related

  • Staci Danner

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 6 related

  • Jennifer Dalton

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 6 related

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

  • BRIDGEWAY INC

    $22,989

    REQUIRED % W/ MCPT TRANSPORTATION CONTRACT AND DONATED FUNDS INITIATIVE 25% MATCH AND MISCELLANEOUS DONATIONS.

  • BRIDGEWAY KEWANEE

    $0

    DONATION OF GAZEBO

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
1 March 2025
IRS schema version
2023v6.0
Source object
202540879349300324

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.