Citybridge Education
- Assets
- $3.4m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 29
- Location
- Washington, DC
- Founding
- 11/2016
- Data as of
- 06/2021
- EIN
- 81-3516887
Organization Overview
Citybridge Education is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Citybridge Education employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citybridge Education 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 06/2021, Citybridge Education generated $5.9m in total revenue.
Since 2018, Citybridge Education has awarded 47 individual grants totaling $4,138,627. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LOCAL PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL CREATION AND TRANSFORMATION - CITYBRIDGE BRINGS TO MARKET THE NEXT GENERATION OF INNOVATIVE PUBLIC SCHOOLS IN WASHINGTON, D.C. AND SEEKS TO BUILD A NETWORK OF SUPPORT AROUND PUBLIC EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Niles CEO Cityworks | Officer | 40 | $245,526 |
Rachel Evans Executive Director | OfficerTrustee | 40 | $223,627 |
Arthur Mckee Sr. Dir. Pipeline & Talent Dev. | Officer | 40 | $194,788 |
Rena Johnson Sr. Dir. School Launch & Incubation | Officer | 40 | $184,749 |
Jen Davis Sr. Dir. Stewardship & Network Eng. | 40 | $169,174 | |
Lateefah Durant Vice President Careerwise Dc | 40 | $144,588 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vincent J Fuller Accounting & Consulting | 6/29/21 | $155,550 |
Alison Gilmeister School Design | 6/29/21 | $112,500 |
Lanette Dailey-reese School Design | 6/29/21 | $120,000 |
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 | $5,886,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,886,376 |
| Total Program Service Revenue | $12,000 |
| Investment income | $482 |
| 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 | $5,924,866 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $893,820 |
| Grants and other assistance to domestic individuals. | $33,983 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,015,644 |
| Compensation of current officers, directors, key employees. | $55,467 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,110,467 |
| Pension plan accruals and contributions | $45,430 |
| Other employee benefits | $203,068 |
| Payroll taxes | $234,795 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,050 |
| Fees for services: Accounting | $197,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $783,146 |
| Advertising and promotion | $55,926 |
| Office expenses | $46,647 |
| Information technology | $85,153 |
| Royalties | $0 |
| Occupancy | $57,200 |
| Travel | $1,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $130,814 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,906 |
| Insurance | $7,383 |
| All other expenses | $0 |
| Total functional expenses | $6,234,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,693,357 |
| Pledges and grants receivable | $737,300 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,430,657 |
| Accounts payable and accrued expenses | $527,322 |
| Grants payable | $56,250 |
| 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 | $150,800 |
| Total liabilities | $734,372 |
| Net assets without donor restrictions | $1,857,336 |
| Net assets with donor restrictions | $838,949 |
| 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 | $3,430,657 |
Grants Awarded
Over the last fiscal year, Citybridge Education has awarded $776,583 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: SCHOOL LAUNCH | $215,000 |
Washington, DC PURPOSE: SCHOOL LAUNCH | $175,000 |
Cambridge, MA PURPOSE: SCHOOL LAUNCH | $95,000 |
Washington, DC PURPOSE: SCHOOL LAUNCH | $70,000 |
Washington, DC PURPOSE: SCHOOL LAUNCH | $50,000 |
Washington, DC PURPOSE: SCHOOL LAUNCH | $43,700 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Citybridge Education has recieved totaling $7,952,541.
| Awarding Organization | Amount |
|---|---|
Bloomberg Family Foundation Inc New York, NY PURPOSE: TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S. | $3,710,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT AN AMBITIOUS COLLECTIVE ACTION AGENDA TO STRENGTHEN THE EDUCATION-TO-WORK ECOSYSTEM TO IMPROVE ECONOMIC OPPORTUNITIES AND MOBILITY FOR STUDENTS IN THE DC METRO AREA. | $1,000,000 |
Clark Charitable Foundation Inc Bethesda, MD PURPOSE: GENERAL OPERATING SUPPORT OF INNOVATIVE SCHOOL PROGRAMS AND PROJECTS | $900,000 |
Bloomberg Family Foundation Inc New York, NY PURPOSE: CAREER AND TECHNICAL EDUCATION | $890,000 |
Clark Charitable Foundation Inc Bethesda, MD PURPOSE: GENERAL OPERATING SUPPORT OF INNOVATIVE SCHOOL PROGRAMS AND PROJECTS | $600,000 |
Leon Lowenstein Foundation Inc New Haven, CT PURPOSE: CHARITABLE | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Forward Dc Washington, DC | $28,133,967 | $25,991,844 |
Mason Korea Llc Fairfax, VA | $8,225,008 | $12,324,735 |
Virginia Tech Real Estate Fdn Blacksburg, VA | $231,612,607 | $16,876,838 |
Building Hope Real Estate Washington, DC | $105,552,493 | $11,148,900 |
Charter School Incubator Initiative Washington, DC | $37,834,831 | $8,281,364 |
Council For Opportunity In Education Washington, DC | $3,201,325 | $8,308,398 |
Alliance For Academic Internal Medicine Inc Alexandria, VA | $13,744,999 | $6,917,370 |
Csdc Facilities Corporation Hanover, MD | $43,951,626 | $6,090,721 |
Citybridge Education Washington, DC | $3,430,657 | $5,924,866 |
Teaching Lab Washington, DC | $4,789,641 | $8,596,594 |
National Summer Learning Assoc Inc Washington, DC | $3,054,250 | $3,913,435 |
Core Knowledge Foundation Charlottesville, VA | $10,759,261 | $6,889,029 |