Community Bridge EIN 46-2308775

Community Bridge

EIN  46-2308775 Public charity (501(c)(3)) Minneapolis, MN
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides healthy food and job training to help people become self-sufficient.
Leadership
Kate McEwen · Executive Director · $33K
Money in and out
$559K revenue, $540K expenses
Bottom line
96% program efficiency

Provides healthy food and job training to help people become self-sufficient. For fiscal year 2023 it reported $559K in revenue, $540K in expenses, and $213K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$559K
Pt VIII · Ln 12
Total expenses
$540K
Pt IX · Ln 25
Net assets
$213K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs0% vs prior filing year
Operating runway
3.0mo
months of highly liquid reserves at operating expense rate▼ -17% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ +638% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$559K
FY2023▲ +26%
Expenses
$540K
FY2023▲ +23%
Total assets
$236K
FY2023▲ +3%
Total liabilities
$23K
FY2023▼ -33%
Total revenue
$559K
Pt VIII · Ln 12
Total expenses
$540K
Pt IX · Ln 25
Net assets
$213K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$236K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $521K of program spending, described in the organization's own filed words · FY2023.
01

Cafe and catering business provides healthy food options for individuals and companies located in the low income Phillips West neighborhood of Minneapolis. The program also provides entry-level job training for several people who are currently unemployed or under employed.

$450Kprogram expense
02

Community Bridge food shelf distributes food to families in the Phillips West neighborhood of Minneapolis. Distribution take place twice monthly with special distribution events for Thanksgiving, Christmas and Easter. Emergency distribution is available weekdays during business hours as well.

$66Kprogram expense
03

Build a stronger community engagement in our low income neighborhood with grant provided from Second Harvest Heartland.

$5Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Bridge
EINHdr · item D46-2308775
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jwww.communitybridgempls.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S99)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$33,180Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Memeber
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Key Employee
$0Pt VII · Sec A

Kate McEwen’s $33K as Executive Director is at the 17th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021
Kate McEwen$33,180
Dearest Ativie$6,698$21,058

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$433K · 78%
Contributions & grants$125K · 22%
Program service revenue78%$433K
Contributions & grants22%$125K
Investment income$130
Total revenueLn 12$559K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$521K
Management & general4%$19K
Total functional expensesLn 25$540K

Balance Sheet

Part X · end of year
CashLn 1$133K
Total assetsLn 16$236K
Total liabilitiesLn 26$23K
Total net assetsLn 32$213K
Months of cash on handcomputed3.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $133K · Operating expenses/yr $540K
3.0 months
Where the money goes
Program services
Program services $521K · Total expenses $540K
96%
Management & General
Management & general $19K · Total expenses $540K
4%
Fundraising
Fundraising $0 · Total expenses $540K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $94K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $125K · Total revenue $559K
22%
Government reliance
Government grants $0 · Total revenue $559K
0%
Earned-income share
Program service revenue $433K · Total revenue $559K
78%
Investment reliance
Investment income $130 · Total revenue $559K
0%
Program self-sufficiency
Program service revenue $433K · Total expenses $540K
80%
Growth & trend
Revenue growth (YoY)
This year $559K · Prior year $442K
+26%
Net-asset trend (YoY)
End of year $213K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $559K · Expenses $540K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $236K
Net-asset ratio
Net assets $213K · Total assets $236K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $236K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kate McEwen · Reported title Executive Director · Highest reported compensation $33K · Total expenses $540K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $294K · Total expenses $540K
54%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth 26%
Legal fee ratio 0%
Accounting fee ratio 0%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$18K

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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
FY2023 (Latest)$559K revenue · viewing · ⤓ 990 PDF
FY2022$442K revenue · ⤓ 990 PDF
FY2021$357K revenue · ⤓ 990 PDF
FY2020$412K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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