Bridge Fund EIN 45-4745677 Form 990 (PDF) Claim this org

Bridge Fund FY2021 filing

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Provides essential aid like shelter, food, and medical care to those in crisis. For fiscal year 2021 it reported $606K in revenue, $447K in expenses, and $858K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Bonita Spgs, FL
Website
thebridge-fund.org
Filings
6 on file (2020–2021)
Revenue
$606KFY2021
Expenses
$447K
Net assets
$858K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  45-4745677 Public foundation / grantmaker Bonita Spgs, FL
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides essential aid like shelter, food, and medical care to those in crisis.
Leadership
Bob Taylor · Director
Money in and out
$606K revenue, $447K expenses
Bottom line
98% program efficiency
Grants paid & assets · FY2021
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$447K
Pt IX · Ln 25
Net assets
$858K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $159K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02 Fundraising $0.00
Program efficiency
98%
of spending reaches programs
Operating runway
23.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$606K
FY2021▼ -21%
Expenses
$447K
FY2021▼ -10%
Total assets
$858K
FY2021▲ +23%
Total liabilities
$0
FY2021
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$447K
Pt IX · Ln 25
Net assets
$858K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$159K
Total assetsPt X · Ln 16$858K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $386K of program spending, described in the organization's own filed words · FY2021.
01

Provided food mainly through food pantries for distribution to families through mobile food pantries; to seniors through Cafe of Life; to children through Blessings in a Backpack.

$162Kprogram expense
02

Provided for rental payments, mortgage payments, utilities, etc. to keep families in their homes.

$154Kprogram expense
03

Provided for medical and dental expenses for children and adults, to include medical exams, dental treatment, lice treatment, glasses for children, and dianostic exams.

$70Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBridge Fund
EINHdr · item D45-4745677
Principal addressHdr · item CBonita Spgs, FL
WebsiteHdr · item Jthebridge-fund.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMay 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Directorsecretarytreasurer
$0Pt VII · Sec A
Directorpresident
$0Pt VII · Sec A
Directorvice President
$0Pt VII · Sec A
See Bridge Fund executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$604K
Investment income$2K
Total revenueLn 12$606K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02 Fundraising $0.00
Program services98%$437K
Management & general2%$9K
Fundraising$707
Total functional expensesLn 25$447K

Balance Sheet

Part X · end of year
CashLn 1$858K
Total assetsLn 16$858K
Total liabilitiesLn 26$0
Total net assetsLn 32$858K
Months of cash on handcomputed23.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $858K · Operating expenses/yr $447K
23.0 months
Where the money goes
Program services
Program services $437K · Total expenses $447K
98%
Management & General
Management & general $9K · Total expenses $447K
2%
Fundraising
Fundraising $707 · Total expenses $447K
0.2%
Cost to raise $1
Fundraising expense (2-yr avg) $828 · Solicited contributions (2-yr avg) $655K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $604K · Total revenue $606K
100%
Government reliance
Government grants — · Total revenue $606K
Earned-income share
Program service revenue $0 · Total revenue $606K
0%
Investment reliance
Investment income $2K · Total revenue $606K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $447K
0%
Growth & trend
Revenue growth (YoY)
This year $606K · Prior year $763K
-21%
Net-asset trend (YoY)
End of year $858K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $606K · Expenses $447K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $858K
Net-asset ratio
Net assets $858K · Total assets $858K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $858K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bob Taylor · Reported title Director · Highest reported compensation $0 · Total expenses $447K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $447K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0.1%
Revenue growth -21%
Accounting fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 40 grants · $1.1M · 2020–2025
Cafe of Life INCFL · FY2025$56,270
Blessings in a Backpack INCKY · FY2025$49,875
Eva's ClosetFL · FY2025$20,000
The Salvation ArmyGA · FY2025$15,000
Redlands Christian Migrant AssocFL · FY2025$8,750
Cafe of Life INCFL · FY2024$53,634
Blessings in a Backpack INCKY · FY2024$45,000
The Salvation ArmyGA · FY2024$32,500
Eva's ClosetFL · FY2024$21,000
Community Cooperative INCFL · FY2024$15,000
Cafe of Life INCFL · FY2023$59,682
Blessings in a Backpack INCKY · FY2023$36,400
Evas Foundation INCFL · FY2023$35,020
Community Cooperative INCFL · FY2023$15,000
The Salvation ArmyGA · FY2023$14,500
See all 40 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$949K revenue · ⤓ 990 PDF
FY2024$872K revenue · ⤓ 990 PDF
FY2023$848K revenue · ⤓ 990 PDF
FY2022$844K revenue · ⤓ 990 PDF
FY2021$606K revenue · viewing · ⤓ 990 PDF
FY2020$763K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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