Oakland Digital Arts And Literacy Center Inc
- Assets
- $938.5k
- Revenue
- $382.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Oakland, CA
- Founding
- 11/2009
- Data as of
- 12/2023
- EIN
- 27-0720655
Organization Overview
Oakland Digital Arts And Literacy Center Inc, operating under the name Bridgegood, is located in Oakland, CA. The organization was established in 2009. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Bridgegood employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgegood is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bridgegood generated $382.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $247.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGEGOOD EDUCATES JOB SEEKERS BY PROVIDING EQUITABLE ACCESS TO TECHNOLOGY CREATIVE DESIGN OPPORTUNITIES AND ESSENTIAL PROFESSIONAL RESOUCES TO BUILD SUCCESSFUL SUSTAINABLE CAREERS. SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGEGOOD CONNECTS LOW-INCOME DESIGN STUDENTS OF COLOR WITH REAL-WORLD EXPERIENCES AT LEADING TECH COMPANIES. WITH 70% OF CALIFORNIAS COMMUNITY COLLEGE STUDENTS DROPPING OUT AND 80% OF RECENT GRADS STRUGGLING WITHOUT TECH AND DESIGN SKILLS OUR JACK LONDON SQUARE COMMUNITY STUDIO IS DRIVING CHANGE. WE OFFER TUITION-FREE PROGRAMS FOR STUDENTS WHILE PROVIDING LOCAL BUSINESSES WITH PROJECTS DESIGNED BY OUR GRADUATES. THESE PROJECTS ARE LED BY BRIDGEGOOD ALUMNI AND MOTIVATED COMMUNITY COLLEGE DESIGN STUDENTS SHOWCASING LOCAL TALENT MENTORED BY INDUSTRY LEADERS. OUR TAILORED PROGRAMS FOR INDIVIDUALS AGED 18+ BUILD ESSENTIAL JOB SKILLS FOR SUCCESS IN THE COMPETITIVE GRAPHIC AND VISUAL DESIGN MARKET ACROSS NORTHERN CALIFORNIA. OUR NOTABLE PARTNERS INCLUDE GOOGLE GOLDEN STATE WARRIORS TWILIO SAN FRANCISCO 49ERS OAKLAND ATHLETICS CITY OF OAKLAND AND ADOBE.
INSPIRE OAKLAND EMPOWERS OVER 1,300 UNDER-RESOURCED DESIGN STUDENTS AGED 18 TO 34 THROUGH A 4-MONTH CAREER READINESS PROGRAM THAT INCLUDES DESIGN TRAINING RESUME BUILDING AND PROFESSIONAL DEVELOPMENT. THIS INITIATIVE FEATURES A MULTI-MODULE WORKFORCE PROGRAM AND A REGIONWIDE DESIGN CHALLENGE ENHANCING ENTREPRENEURSHIP SKILLS FOR YOUTH OF COLOR. SUPPORTING UP TO 50 SCHOOLS EACH YEAR IT STRENGTHENS EXISTING GRAPHIC DESIGN PROGRAMS WITH ESSENTIAL PROFESSIONAL DEVELOPMENT AND DIGITAL LITERACY SESSIONS PROMOTING ECONOMIC SUCCESS AND INTERNSHIP OPPORTUNITIES. PARTICIPANTS GAIN HARD SKILLS LIKE ADOBE PHOTOSHOP AND RECEIVE CAREER COUNSELING FROM TECH AND BUSINESS PROFESSIONALS. THE DESIGN CHALLENGE INVITES PARTICIPANTS TO CREATE BILLBOARDS AND NEW MEDIA ON THE THEME "WHAT ABOUT OAKLAND INSPIRES YOU?" THE TOP 20 RECEIVE RECOGNITION AND PAID OPPORTUNITIES WHILE THE TOP SIX SECURE COMMERCIAL MEDIA PLACEMENTS GENERATING OVER 90 MILLION IMPRESSIONS GLOBALLY.
THE INSPIRATION AWARDS BRIDGEGOODS ANNUAL GALA CELEBRATES LEADERSHIP POSITIVE IMPACT AND THE POWER OF DESIGN FOR SOCIAL GOOD IN OUR COMMUNITY. THIS EVENT HONORS OUR STUDENTS GRADUATES AND VOLUNTEERS WHILE SPOTLIGHTING THREE BAY AREA CHANGEMAKERS WHO ARE TRANSFORMING OUR LOCAL LANDSCAPE THROUGH INNOVATION TECHNOLOGY BUSINESS AND EDUCATION. THESE HONOREES JOIN A DISTINGUISHED GROUP OF SOCIALLY-MINDED CEOS AND LEADERS FROM ORGANIZATIONS LIKE GOOGLE AMAZON GOLDEN STATE WARRIORS CAL STATE EAST BAY AND DISNEY. THEY EXEMPLIFY THE TRANSFORMATIVE POWER OF DIVERSE VOICES AND PERSPECTIVES. RESEARCH SHOWS THAT COMPANIES WITH DIVERSE TEAMS ARE 33% MORE LIKELY TO OUTPERFORM THEIR PEERS HIGHLIGHTING THE ESSENTIAL ROLE OF VARIED PERSPECTIVES IN DRIVING SUCCESS. SINCE ITS FOUNDING ON JULY 31 2009 BRIDGEGOOD HAS IMPACTED OVER 13,500 STUDENTS DELIVERING AN $9.2 MILLION RETURN ON INVESTMENT THROUGH JOB TRAINING CAREER EXPOSURE AND PROFESSIONAL OPPORTUNITIES IN DESIGN AND TECH. THIS GALA IS A CELEBRATION OF LEADERSHIP INSPIRATION AND AUTHENTICITY DEMONSTRATING HOW EMBRACING DIVERSITY ELEVATES BOTH INDIVIDUALS AND THE COLLECTIVE SUCCESS OF OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shaun Tai Executive Director | Officer | 40 | $94,800 |
Lisa Towles President Board Of Directors | OfficerTrustee | 2 | $0 |
Brodie Rich Vice President Board Of Directors | OfficerTrustee | 2 | $0 |
Brett Webb Secretary Board Of Directors | OfficerTrustee | 2 | $0 |
Linda Poeng Treasurer Board Of Directors | OfficerTrustee | 2 | $0 |
Martin Kojnok Member Board Of Directors | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $330,352 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,352 |
| Total Program Service Revenue | $35,700 |
| Investment income | $15,712 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $382,357 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,263 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,800 |
| Compensation of current officers, directors, key employees. | $9,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,613 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $443 |
| Payroll taxes | $9,931 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,049 |
| Advertising and promotion | $8,287 |
| Office expenses | $5,649 |
| Information technology | $10,473 |
| Royalties | $0 |
| Occupancy | $45,826 |
| Travel | $819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,820 |
| Insurance | $4,009 |
| All other expenses | $1,882 |
| Total functional expenses | $247,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,019 |
| Savings and temporary cash investments | $909,769 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,641 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,100 |
| Total assets | $938,529 |
| Accounts payable and accrued expenses | $3,223 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,223 |
| Net assets without donor restrictions | $935,306 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $938,529 |