Bridging Tech Charitable Fund
- Assets
- $22.7k
- Revenue
- $272.9k
- Investments
- $0.0
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-1031712
Organization Overview
Bridging Tech Charitable Fund is located in San Mateo, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridging Tech Charitable Fund 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, Bridging Tech Charitable Fund generated $272.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 59.1% each year . All expenses for the organization totaled $275.4k 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
BRIDGING TECH'S MISSION IS TO PROVIDE AND EMPOWER K-12 STUDENTS AFFECTED BY HOMELESSNESS IN DISADVANTAGED COMMUNITIES BY PROVIDING TECHNOLOGY AND EDUCATIONAL RESOURCES. THE FUND SOLICITS MONETARY DONATIONS USED TO PURCHASE TECHONLOGICAL RESOURCES WHICH ARE DISTRIBUTED TO SHELTERS AND ALSO RECEIVES NONCASH CONTRIBUTIONS-USED LAPTOPS/COMPUTERS-WHICH ARE REFURBISHED AND DISTRIBUTED TO STUDENTS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION AND REFURBISHMENT OF AND PURCHASED OVER 500 LAPTOP & COMPUTER ACCESSORIES TO BE DISTRIBTUTED TO CHIDLREN IN DISADVANTAGED COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isabel Wang Executive Dir. | OfficerTrustee | 40 | $0 |
Margot Bellon Executive Dir. | OfficerTrustee | 20 | $0 |
Tejasvi Srimushnam Secretary | Trustee | 2 | $0 |
Adam Bugdor Director | Trustee | 1 | $0 |
Michael Ghaffary Chairman | Trustee | 1 | $0 |
Akram Zaman Treasurer | 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 | $259,895 |
| Noncash contributions included in lines 1a–1f | $28,725 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,895 |
| Total Program Service Revenue | $0 |
| 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 | $12,983 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $272,878 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $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 | $0 |
| Advertising and promotion | $862 |
| Office expenses | $661 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,320 |
| All other expenses | $0 |
| Total functional expenses | $275,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,681 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,681 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $22,681 |
| 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 | $22,681 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Bridging Tech Charitable Fund has recieved totaling $17,296.
| Awarding Organization | Amount |
|---|---|
Goodcoin Foundation Charleston, SC PURPOSE: GENERAL SUPPORT | $8,020 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,200 |
Mussafer Fam Foundation Boston, MA PURPOSE: OPERATIONS | $2,000 |
J J Segal Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
Bay Area Community Services Inc Oakland, CA | $30,842,402 | $71,014,541 |
United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
Lift To Rise Palm Desert, CA | $10,036,798 | $56,799,508 |
Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Catholic Charities Of Los Angeles Los Angeles, CA | $401,651,832 | $56,844,483 |