Social Bridge
- Assets
- $66.9k
- Revenue
- $408.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood Springs, CO
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 82-1024452
Organization Overview
Social Bridge is located in Glenwood Springs, CO. The organization was established in 2017. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Bridge 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 12/2022, Social Bridge generated $408.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $411.7k during the year ending 12/2022. While expenses have increased by 21.8% per year over the past 5 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
TO EMPOWER COMMUNITY THROUGH EDUCATION AND SUSTAINABLE PROJECTS TO PROVIDE ECONOMIC DEVELOPMENT WITHIN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVENTURE HAD 116 PARTICIPANTS IN PROGRAMMING SERVICES, HOSTED 9 ONLINE EVENTS AND 13 LIVE EVENTS WITH 716 ATTENDEES THAT INCLUDED LUNCH & LEARNS, NETWORKING, COLLABORATION AND COMMUNITY BUILDING. THERE ARE 86 FULL-TIME MEMBERS UTILIZING THE CO-WORKING SPACE AND AN ADDITIONAL 907 MEMBERS WHO RECEIVE COMMUNICATIONS FROM COVENTURE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lowe Executive Dir. | Trustee | 40 | $37,500 |
Tyler Moebius President | OfficerTrustee | 4 | $0 |
Alan Rozansky Secretary | OfficerTrustee | 4 | $0 |
Alice Hackney Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $87,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,710 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,210 |
| Total Program Service Revenue | $225,913 |
| Investment income | $2 |
| 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 | $408,125 |
| 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. | $37,500 |
| Compensation of current officers, directors, key employees. | $5,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $35,500 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $4,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,121 |
| Office expenses | $8,818 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $191,521 |
| Travel | $23,220 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $93 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,842 |
| Insurance | $2,647 |
| All other expenses | $19,990 |
| Total functional expenses | $411,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $801 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,526 |
| 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 | $50,601 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $66,929 |
| Accounts payable and accrued expenses | $0 |
| 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 | $139,940 |
| Secured mortgages and notes payable | $30,093 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $170,033 |
| Net assets without donor restrictions | $0 |
| 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 | -$103,104 |
| Total liabilities and net assets/fund balances | $66,929 |