Digital Bridge Inc
- Assets
- $399.7k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Milwaukee, WI
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 46-5178962
Organization Overview
Digital Bridge Inc is located in Milwaukee, WI. The organization was established in 2015. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Digital Bridge Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Digital Bridge Inc 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 12/2021, Digital Bridge Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $863.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE DIGITAL BRIDGE, AND IT IS OUR MISSION TO CONNECT UNDER-SERVED GROUPS AND INDIVIDUALS WITH DIGITAL RESOURCES THAT THEY WOULD OTHERWISE NOT BE ABLE TO ACCESS ON THEIR OWN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHEN COVID-19 SHUT DOWN THE CITY OF MILWAUKEE AND THE COUNTRY IN MARCH OF 2020, OUR STAFF DID NOT GO HOME. THE DEMAND FOR LAPTOPS FAR OUTWEIGHED THE SUPPLY OF EVEN BIG BOX RETAILERS, AND WE KNEW WE WERE IN THE POSITION TO BE ABLE TO PROVIDE AS MANY LAPTOPS AS WE COULD TO PEOPLE NOW LOCKED DOWN AT HOME, NEEDING A LAPTOP TO WORK AND GO TO SCHOOL ONLINE. TO DATE WE HAVE SUPPLIED OVER 4,000 COVID DEVICES TO INDIVIDUALS AND NON-PROFITS! COVID-19 HAS OPENED EVERYONE'S EYES TO HOW IMPORTANT TECHNOLOGY AND INTERNET SERVICE IS TO OUR COMMUNITY. MANY AMERICANS WHO USED THE INTERNET AT THEIR OFFICES, SCHOOLS, AND LIBRARIES WERE LEFT UNCONNECTED WHILE THEY WERE STAYING AT HOME. WE PARTNERED WITH ORGANIZATIONS SUCH AS UNITED WAY OF GREATER MILWAUKEE AND WAUKESHA COUNTY AND SCHOOL DISTRICTS INCLUDING MILWAUKEE PUBLIC SCHOOLS TO OUTFIT AS MANY STUDENTS AND INDIVIDUALS AS WE COULD. WE CONTINUE TO OFFER OUR ON-SITE PICKUPS FOR OUR E-WASTE RECYCLING AND SECURE IT ASSET DISPOSITION SERVICE DIVERTING THOUSANDS OF POUNDS OF EWASTE EACH YEAR FROM LANDFILLS THROUGH RECYCLING, REFURBISHMENT, AND REUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Hanson President | OfficerTrustee | 40 | $39,900 |
Paul Hausch Treasurer | OfficerTrustee | 5 | $0 |
Kayla Grogan Secretary | OfficerTrustee | 5 | $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 | $551,531 |
| Noncash contributions included in lines 1a–1f | $354,040 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,531 |
| Total Program Service Revenue | $465,504 |
| Investment income | $0 |
| 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 | $3,394 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,030,651 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $39,900 |
| Compensation of current officers, directors, key employees. | $3,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,079 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,588 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,762 |
| Advertising and promotion | $20,367 |
| Office expenses | $88,721 |
| Information technology | $3,980 |
| Royalties | $0 |
| Occupancy | $43,130 |
| Travel | $18,403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,532 |
| Interest | $2,504 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,306 |
| Insurance | $873 |
| All other expenses | $1,704 |
| Total functional expenses | $863,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,431 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,583 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $135,150 |
| Prepaid expenses and deferred charges | $5,973 |
| Net Land, buildings, and equipment | $61,239 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $399,676 |
| Accounts payable and accrued expenses | $27,210 |
| Grants payable | $0 |
| Deferred revenue | $25,000 |
| 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 | $38,107 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $90,317 |
| Net assets without donor restrictions | $284,359 |
| Net assets with donor restrictions | $25,000 |
| 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 | $399,676 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Digital Bridge Inc has recieved totaling $166.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $166 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
I Car Education Foundation Hoffman Estates, IL | $4,904,924 | $10,474,233 |
Ifbf Property Management Inc West Des Moines, IA | $66,458,037 | $20,324,859 |
Central Care Management Organization Detroit, MI | $5,985,939 | $8,157,093 |
Strategic Account Management Association Inc Chicago, IL | $3,748,865 | $3,236,078 |
American Dairy Products Institute Elmhurst, IL | $2,804,954 | $2,937,802 |
Snow And Ice Management Association Inc Mequon, WI | $2,340,997 | $2,790,176 |
National Association Of Credit Management Great Lakes Region Inc Rolling Meadows, IL | $2,394,171 | $2,540,378 |
Middle Management Association St Paul, MN | $2,377,760 | $1,336,699 |
Unclaimed Property Professionals Organization Inc Golden Valley, MN | $919,733 | $1,026,456 |
Product Development & Management Association St Paul, MN | $747,589 | $1,073,754 |
Naperville Development Partnership Naperville, IL | $440,227 | $1,062,182 |
Equipment And Tool Institute Farmington Hills, MI | $1,466,341 | $791,782 |