Bridge Educational Foundation
- Assets
- $3.2m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 1
- Location
- Lowell, OR
- Founding
- 06/2016
- Data as of
- 06/2022
- EIN
- 81-1377870
Organization Overview
Bridge Educational Foundation is located in Lowell, OR. The organization was established in 2016. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Educational Foundation 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 06/2022, Bridge Educational Foundation generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $5.5m during the year ending 06/2022. While expenses have increased by 37.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A CHARTER SCHOOL PROVIDING EDUCATION SERVICES TO STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED A CHARTER SCHOOL PROVIDING EDUCATIONAL SERVICES TO APPROXIMATELY 607 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Vondoloski Executive Di | Officer | 13 | $46,917 |
Jessica Edgerton Secretary/tr | OfficerTrustee | 1 | $0 |
Annie Greig Board Member | Trustee | 1 | $0 |
Dixie Hansen Board Member | Trustee | 1 | $0 |
Emily Mcfadden Board Member | Trustee | 1 | $0 |
Tim Winder Board Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $894,633 |
| All other contributions, gifts, grants, and similar amounts not included above | $521 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $895,154 |
| Total Program Service Revenue | $4,909,576 |
| Investment income | $9,498 |
| 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 | $5,817,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $50,256 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $316,732 |
| Pension plan accruals and contributions | $56,050 |
| Other employee benefits | $257 |
| Payroll taxes | $3,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,595,628 |
| Advertising and promotion | $429 |
| Office expenses | $8,124 |
| Information technology | $362,031 |
| Royalties | $0 |
| Occupancy | $177,267 |
| Travel | $63,887 |
| 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 | $22,014 |
| Insurance | $17,557 |
| All other expenses | $0 |
| Total functional expenses | $5,525,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,535 |
| Savings and temporary cash investments | $2,093,349 |
| Pledges and grants receivable | $82,454 |
| Accounts receivable, net | $658,875 |
| 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 | $162,405 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $182,546 |
| Total assets | $3,230,164 |
| Accounts payable and accrued expenses | $125,191 |
| 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 | $479,790 |
| Total liabilities | $604,981 |
| Net assets without donor restrictions | $2,625,183 |
| 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 | $3,230,164 |